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$1,400 - $1,7001 Bedroom Apartments Available Now
Marina View Apartments
2303-2307 Lake Shore Blvd WToronto, ON M8V 1A7
Cheap Apartments for Rent in Toronto, ON from $700 with Swimming Pool (111 Rentals)
Search the lowest-cost Apartments available for rent right now in Toronto.
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$1,400 - $2,800
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,400 - $2,800
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$1,400 - $2,800
22 Oakmount
22 Oakmount RdToronto, ON M6P 2M7
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$1,429 - $3,149Studio to 3 Bedroom Apartments Available Now
Crescent Town
7-11 Crescent PlToronto, ON M4C 5C4
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$1,495Studio Apartments Contact Us For Availability
Upper Canada Apartments 165
165 Erskine AveToronto, ON M4P 2A1
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$1,525 - $3,200Studio to 3 Bedroom Apartments Available Now
Cambridge Place Apartments
30 Denton AveToronto, ON M1L 4P2
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$1,539 - $2,999Studio to 2 Bedroom Apartments Available Now
The Crossways
2340-2360 Dundas St WToronto, ON M6P 4A9
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$1,550 - $2,750Studio to 3 Bedroom Apartments Available Now
Castlegate Apartments
39-45 Parkcrest DrToronto, ON M1M 3S6
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$1,579 - $2,500
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,579 - $2,500
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$1,579 - $2,500
Imperial Towers
90 Tyndall AveToronto, ON M6K 1G3
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$1,579 - $2,650
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Studio to 3 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
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$1,579 - $2,650
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$1,579 - $2,650
470 Sentinel Road
470 Sentinel RdToronto, ON M3J 1V6
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$1,595 - $2,315Studio to 2 Bedroom Apartments Available Oct 1
Upper Canada Court, East
160 Erskine AvToronto, ON M4P 1Z3
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$1,599 - $1,849Studio to 1 Bedroom Apartments Available Now
Park Willow Developments
55-65 Ellerslie AveToronto, ON M2N 1Y1
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$1,605 - $2,550Studio to 2 Bedroom Apartments Available Now
Wellesley Apartments
100 Wellesley St EToronto, ON M4Y 1H5
Wellesley Apartments
100 Wellesley St E
TorontoONM4Y 1H5
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$1,610 - $2,5201 to 2 Bedroom Apartments Available Now
35 David Salomon
35 David Salomon DrToronto, ON M3C 1E7
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$1,615 - $2,375Studio to 2 Bedroom Apartments Available Sep 30
Upper Canada Court, Centre
140 Erskine AvToronto, ON M4P 1Z2
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$1,625 - $2,540Studio to 3 Bedroom Apartments Available Now
Davisville Village
141 Davisville AveToronto, ON M4S 1G7
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$1,625 - $3,175Studio to 4 Bedroom Apartments Available Now
Park Vista Apartments
2-8 ParkToronto, ON M4B 1A3
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$1,625 - $2,050Studio to 1 Bedroom Apartments Available Now
221 Balliol Street
221 Balliol StToronto, ON M4S 1C8
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$1,625 - $2,450Studio to 2 Bedroom Apartments Available Now
80 St. Clair East
80 St Clair Av EToronto, ON M4T 1N6
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$1,630 - $3,165Studio to 2 Bedroom Apartments Available Now
77 Davisville
77 Davisville AveToronto, ON M4S 1G4
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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$1,639 - $2,279Studio to 2 Bedroom Apartments Available Now
Dufferin Heights
65 Dynevor RdToronto, ON M6E 3X1
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$1,645 - $2,795Studio to 3 Bedroom Apartments Available Now
Pharmacy Place
263-283 Pharmacy AveToronto, ON M1L 3E7
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$1,649 - $2,4891 to 2 Bedroom Apartments Available Now
Goldengate
1770-1790 Eglinton Av EToronto, ON M4A 2T3
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$1,650 - $2,600
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$1,650 - $2,600
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$1,650 - $2,600
Rosedale East
50-70 Cambridge AveToronto, ON M4K 2L3
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$1,650 - $2,300Studio to 3 Bedroom Apartments Available Now
21 Park Boulevard
21-31 Park BlvdToronto, ON M8W 1G6
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$1,669Studio Apartments Available Now
Northcliffe Heights
620 Northcliffe BlvdToronto, ON M6E 3M1
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$1,685 - $2,349Studio to 2 Bedroom Apartments Available Oct 1
Upper Canada Court, West
110 Erskine AveToronto, ON M4P 2A1
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$1,697 - $2,297Studio to 1 Bedroom Apartments Available Now
Ramsden Place
30-50 Hillsboro AvToronto, ON M5R 1S8
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$1,699 - $4,999Studio to 2 Bedroom Apartments Available Now
225 Davisville Avenue
225 Davisville AvToronto, ON M4S 1G9
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$1,7001 Bedroom Apartments Available Now
102 Trethewey Dr
102 Trethewey DrToronto, ON M6M 4B7
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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$1,700 - $2,865Studio to 2 Bedroom Apartments Available Now
Yonge Eglinton Apartments – Duplex
411 Duplex AvToronto, ON M4R 1V2
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$1,700 - $3,0001 to 3 Bedroom Apartments Available Now
Wynford Central
55-65 Wynford Heights CresToronto, ON M3C 1L4
Yonge Eglinton Apartments – Duplex
411 Duplex Ave
TorontoONM4R 1V2
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$1,710 - $2,020Studio to 2 Bedroom Apartments Available Now
100 Roehampton Ave
100 Roehampton AveToronto, ON M4P 1R3
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$1,725 - $2,895Studio to 3 Bedroom Apartments Available Sep 5
Balfour Square
50 Rosehill AveToronto, ON M4T 2W7
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$1,739 - $2,619Studio to 2 Bedroom Apartments Available Now
Lord Dufferin Apartments
200 Dufferin StToronto, ON M6K 1Z4
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$1,742 - $4,300
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$1,742 - $4,300
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$1,742 - $4,300
Bela Square
100 Eastdale AvToronto, ON M4C 0B6
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$1,749 - $1,999Studio to 1 Bedroom Apartments Available Now
The Maples
20 Carlton Street, 25 Wood StToronto, ON M4Y 2P9
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$1,750 - $3,095Studio to 3 Bedroom Apartments Available Now
Altair
15 Martha Eaton WayToronto, ON M6M 5B5
Victoria Park Apartments
1759-1759 Victoria Park Ave
TorontoONM1R 1S1
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$1,772 - $3,569Studio to 3 Bedroom Apartments Available Now
Liberty House
15 Solidarity WayToronto, ON M6K 0G8
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$1,775 - $2,635Studio to 3 Bedroom Apartments Available Now
Royale Towers
335 Van Horne AveToronto, ON M2J 3K3
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$1,795 - $2,4951 to 2 Bedroom Apartments Available Now
185 Shaughnessy Blvd
185 Shaughnessy BlvdToronto, ON M2J 1K2
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$1,795
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1 Bedroom Apartment Available NowTotal Monthly Price
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$1,795
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$1,795
1299 Bayview Av, Unit B
1299 Bayview AvToronto, ON M4G 2Z8
Roanoke Apartments
9 Roanoke Rd
TorontoONM3A 1E3
Sheppard Manor Apartments
11 Dervock Crescent
TorontoONM2K 1A6
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$1,799 - $2,5991 to 2 Bedroom Apartments Available Now
3000 Dufferin St
3000 Dufferin StToronto, ON M6B 3T6
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$1,799 - $2,099
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$1,799 - $2,099
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$1,799 - $2,099
30 Gilder Dr
30 Gilder DrToronto, ON M1K 4P6
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$1,799 - $2,700
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$1,799 - $2,700
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$1,799 - $2,700
140 Carlton
140 Carlton StToronto, ON M5A 3W7
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$1,799 - $3,447
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$1,799 - $3,447
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$1,799 - $3,447
Commonwealth Towers
40-60 Pleasant BlvdToronto, ON M4T 1J9
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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 | $1,909 | $995 | $8,290 |
| Toronto 1 Bedroom Apartments | $2,374 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,159 | $1,550 | $10,000+ |
| Toronto 3 Bedroom Apartments | $4,078 | $1,569 | $10,000+ |
| Toronto 4 Bedroom Apartments | $4,433 | $1,119 | $8,642 |
| Toronto 5 Bedroom Apartments | $16,752 | $8,900 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Toronto
See all Apartments in TorontoExplore Toronto
Toronto, ON Local Guide
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Toronto, ON
Toronto, ON Area Reviews
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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 $1,400.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is Robina Suites which is listed at $1,399, while the average apartment in Toronto costs $2,538.
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 3,096 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 $1,173 which is $1,365 cheaper than the average rent for all rentals in Toronto.
Expert Rental Resources
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.
Articles, How-To's, and Tips
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.