close
View Me
Rent Specials
C$1,250 - C$1,350Studio Apartments Available Now
103 Spadina Rd
103 Spadina RdToronto, ON M5R 2T1
Cheap Short Term Lease Apartments for Rent in Toronto, ON from C$700 (3 Rentals)
Short Term Rental Options.
Cheap Apartments in Toronto.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
close
View Me
The Freedom of Short-Term Rentals: Exploring the Advantages for Renters
From flexibility to potential costs, explore the key benefits and drawbacks of short-term rental housing from a renter's perspective.
close
View Me
Showing Results 1-3, Page 1 of 1
Toronto, ON Local Guide
How much does it cost to rent an apartment in Toronto?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Toronto Studio Apartments | C$2,034 | C$1,045 | C$5,620 |
| Toronto 1 Bedroom Apartments | C$2,413 | C$890 | C$7,550 |
| Toronto 2 Bedroom Apartments | C$3,106 | C$1,695 | C$10,000 |
| Toronto 3 Bedroom Apartments | C$4,129 | C$2,100 | C$10,000 |
| Toronto 4 Bedroom Apartments | C$2,928 | C$1,145 | C$3,800 |
| Toronto 5 Bedroom Apartments | C$4,890 | C$4,890 | C$4,890 |
Explore Toronto
Toronto, ON Local Guide
- Toronto Neighborhoods
- Nearby Cities
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Toronto, ON Area Reviews
Do you know the Toronto area?
Let everyone know!
Write a Review
Dee • 4+ years in Toronto
February 25, 202530 years here ... its not impressive working people cant afford rent
Frequently Asked Questions about Cheap Toronto Apartments
What is a cheap apartment in Toronto?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Toronto is under C$1,550.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is Monterey Park which is listed at C$1,500, while the average apartment in Toronto costs C$3,372.
What types of apartments are the cheapest in Toronto?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 35 regular apartments in Toronto that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Toronto?
Cheap apartments in Toronto have an average cost of C$274 which is C$3,098 cheaper than the average rent for all rentals in Toronto.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.