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$1,400 - $1,900Studio to 1 Bedroom Apartments Available Now
Marina View Apartments
2303-2307 Lake Shore Blvd WToronto, ON M8V 1A7
Cheap Apartments for Rent in Toronto, ON from $400 with Swimming Pool (51 Rentals)
Search the lowest-cost Apartments available for rent right now in Toronto.
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$1,400 - $2,700Studio to 3 Bedroom Apartments Available Now
25 St. Dennis Drive
25 St Dennis DrToronto, ON M3C 1E6
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$1,499 - $2,800Studio to 2 Bedroom Apartments Available Now
22 Oakmount
22 Oakmount RdToronto, ON M6P 2M7
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$1,529 - $2,999Studio to 2 Bedroom Apartments Available Now
The Crossways
2340-2360 Dundas St WToronto, ON M6P 4A9
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$1,540 - $1,675Studio to 1 Bedroom Apartments Available Now
Upper Canada Court, East
160 Erskine AvToronto, ON M4P 1Z3
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$1,549 - $3,299Studio to 3 Bedroom Apartments Available Now
Crescent Town
7-11 Crescent PlToronto, ON M4C 5C4
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$1,600 - $2,000Studio to 1 Bedroom Apartments Available Now
Balliol Towers Apartments
155 Balliol StToronto, ON M4S 1C8
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$1,600 - $2,850Studio to 2 Bedroom Apartments Available Now
80 St. Clair East
80 St Clair Av EToronto, ON M4T 1N6
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$1,649 - $2,779Studio to 3 Bedroom Apartments Available Now
470 Sentinel Rd
470 Sentinel RdToronto, ON M3J 1V6
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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$1,650 - $2,600Studio to 3 Bedroom Apartments Available Now
45 & 55 Oakmount Rd
45-55 Oakmount RdToronto, ON M6P 1G2
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$1,650 - $2,800Studio to 2 Bedroom Apartments Available Now
Rosedale East
50-70 Cambridge AveToronto, ON M4K 2L3
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$1,650 - $1,7551 Bedroom Apartments Available Now
Upper Canada Court, Centre
140 Erskine AvToronto, ON M4P 1Z2
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$1,650 - $2,695Studio to 2 Bedroom Apartments Available Now
Wellesley Apartments
100 Wellesley St EToronto, ON M4Y 1H5
100 Wellesley St E
TorontoONM4Y 1H5
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$1,675 - $2,630Studio to 3 Bedroom Apartments Available Now
Cambridge Place Apartments
30 Denton AveToronto, ON M1L 4P2
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$1,675 - $2,955Studio to 2 Bedroom Apartments Available Now
77 Davisville
77 Davisville AveToronto, ON M4S 1G4
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$1,699 - $2,875Studio to 3 Bedroom Apartments Available Now
Park Willow Developments
55-65 Ellerslie AveToronto, ON M2N 1Y1
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$1,699 - $2,549Studio to 2 Bedroom Apartments Available Now
The Maples
20 Carlton Street, 25 Wood StToronto, ON M4Y 2P9
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$1,700 - $2,2991 to 2 Bedroom Apartments Contact Us For Availability
102 Trethewey Dr
102 Trethewey DrToronto, ON M6M 4B7
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$1,717 - $2,599Studio to 2 Bedroom Apartments Available Now
1 Rosemount
1 Rosemount DrToronto, ON M1K 2W5
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$1,720 - $2,3951 to 2 Bedroom Apartments Available Now
Pharmacy Place
263-283 Pharmacy AveToronto, ON M1L 3E7
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$1,725 - $2,300Studio to 2 Bedroom Apartments Available Now
Lake Promenade Community
21-31 Park BlvdToronto, ON M8W 1G6
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$1,725 - $2,399Studio to 2 Bedroom Apartments Available Now
100 Roehampton Ave
100 Roehampton AveToronto, ON M4P 1R3
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$1,735 - $3,745Studio to 3 Bedroom Apartments Available Now
299 Glenlake (Toronto) Limited
299 Glenlake AvToronto, ON M6P 4A6
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$1,740 - $4,7991 to 3 Bedroom Apartments Available Now
Leaside Towers
85-95 Thorncliffe Park DrToronto, ON M4H 1L6
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$1,7401 Bedroom Apartments Available Now
890 Mount Pleasant Apartments
890 Mt Pleasant RdToronto, ON M4P 2L4
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$1,750 - $3,0001 to 3 Bedroom Apartments Available Now
Wynford Central
55-65 Wynford Heights CresToronto, ON M3C 1L4
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$1,799 - $2,7001 to 2 Bedroom Apartments Available Now
140 Carlton
140 Carlton StToronto, ON M5A 3W7
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$1,799 - $2,399Studio to 2 Bedroom Apartments Available Now
221 Balliol Street
221 Balliol StToronto, ON M4S 1C8
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.
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$1,799 - $2,2991 to 2 Bedroom Apartments Available Now
30 Gilder Dr
30 Gilder DrToronto, ON M1K 4P6
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$1,800 - $3,100Studio to 3 Bedroom Apartments Available Now
Dunfield and Holly Towers
33 Holly StToronto, ON M4S 2G8
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$1,200 - $2,2001 to 3 Bedroom Apartments
42 Thorncliffe Park
42 Thorncliffe Park DrToronto, ON M4H 1K1
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$1,350 - $2,500Studio to 2 Bedroom Apartments
1011 Lansdowne Ave Apartments
1011 Lansdowne AveToronto, ON M6H 4G1
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$1,635 - $2,890Studio to 2 Bedroom Apartments
Davisville Village Apartments
111 Davisville AveToronto, ON M4S 1G5
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$1,640 - $2,895Studio to 2 Bedroom Apartments
Yonge Eglinton Apartments – Duplex
411 Duplex AvToronto, ON M4R 1V2
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It's time to soak up some sun!
One of the easiest and more obvious ways of enjoying the summer sun is to lounge out by your community pool. Learn a Few Rules to Keep in Mind while at the pool.
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$1,665 - $2,950Studio to 2 Bedroom Apartments
Hampton House South
322 Eglinton Ave EToronto, ON M4P 1L6
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$1,695 - $2,685Studio to 2 Bedroom Apartments
Hampton House North
299 Roehampton AvToronto, ON M4P 1S2
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$1,700 - $2,675Studio to 3 Bedroom Apartments
3950 Lawrence Ave E
3950 Lawrence Ave EToronto, ON M1G 1R8
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$1,675 - $2,375Studio to 2 Bedroom Apartments Available Now
Royal Tower
121 Agnes StMississauga, ON L5B 2H4
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$1,699 - $2,599Studio to 3 Bedroom Apartments Available Now
549-573 N Service Rd
549-573 N Service RdMississauga, ON L5A 1B2
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$1,799 - $1,9991 to 2 Bedroom Apartments Available Now
2170 Sherobee Road
2170 Sherobee RdMississauga, ON L5A 3G9
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 | $2,127 | $1,045 | $10,000+ |
| Toronto 1 Bedroom Apartments | $2,421 | $450 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,098 | $1,559 | $10,000+ |
| Toronto 3 Bedroom Apartments | $3,832 | $1,180 | $10,000+ |
| Toronto 4 Bedroom Apartments | $4,625 | $1,459 | $10,000+ |
| Toronto 5 Bedroom Apartments | $2,800 | $1,100 | $4,500 |
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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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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!
Explore Toronto, ON Rentals by Map
See the most popular apartments and homes in Toronto, ON
Toronto, ON Area Reviews
Do you know the Toronto area?
Let everyone know!
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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 $1,425.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is Carrying Place Vista which is listed at $1,313, while the average apartment in Toronto costs $3,387.
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 1,350 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 $845 which is $2,542 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
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.