Cheap Apartments for Rent in Toronto, ON from C$700 with Swimming Pool (57 Rentals)

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Search the lowest-cost Apartments available for rent right now 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.

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property at 33 Eastmount Ave

33 Eastmount Ave

TorontoONM4K 1V3
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890 Mount Pleasant Apartments
from C$1,7851 Bedroom Apartments Available Now

890 Mount Pleasant Apartments

890 Mt Pleasant RdToronto, ON M4P 2L4
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225 Van Horne Apartments
from C$1,795Studio to 2 Bedroom Apartments Available Now

225 Van Horne Apartments

225 Van Horne AveToronto, ON M2J 2T9
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property at 411 Duplex Ave

411 Duplex Ave

TorontoONM4R 1V2

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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Pharmacy Place
from C$1,8101 to 2 Bedroom Apartments Available Now

Pharmacy Place

263-283 Pharmacy AveToronto, ON M1L 3E7
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Upper Canada Court, West
from C$1,8251 Bedroom Apartments Available Now

Upper Canada Court, West

110 Erskine AveToronto, ON M4P 2A1
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1000 Mount Pleasant
from C$1,865Studio Apartments Contact Us For Availability

1000 Mount Pleasant

1000 Mt Pleasant RdToronto, ON M4P 2M2
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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42 Thorncliffe Park
1 to 3 Bedroom Apartments

42 Thorncliffe Park

42 Thorncliffe Park DrToronto, ON M4H 1K1
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Hampton House South
Studio to 2 Bedroom Apartments

Hampton House South

322 Eglinton Ave EToronto, ON M4P 1L6
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Hampton House North
Studio to 2 Bedroom Apartments

Hampton House North

299 Roehampton AvToronto, ON M4P 1S2
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620 Martin Grove Rd
Studio to 2 Bedroom Apartments

620 Martin Grove Rd

620 Martin Grove RdToronto, ON M9R 0A5
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Dufferin Heights
Studio to 2 Bedroom Apartments

Dufferin Heights

65 Dynevor RdToronto, ON M6E 3X1
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Northcliffe Heights
Studio to 2 Bedroom Apartments

Northcliffe Heights

620 Northcliffe BlvdToronto, ON M6E 3M1
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33 Eastmount Ave
Studio to 3 Bedroom Apartments

33 Eastmount Ave

33 Eastmount AveToronto, ON M4K 2L3
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Bathville Towers
Studio to 3 Bedroom Apartments

Bathville Towers

6000 Bathurst StToronto, ON M2R 1Z1
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Toronto, ON Local Guide

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.

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Toronto, ON Area Reviews

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Dee • 4+ years in Toronto

February 25, 2025

30 years here ... its not impressive working people cant afford rent

Frequently Asked Questions about Cheap Toronto Apartments

What is the Cheapest Studio apartment in Toronto?

Currently the most affordable Cheap Studio Apartment in Toronto is at Bradley Court listed at C$1,045.

How much is rent for a Cheap One Bedroom Toronto Apartment?

The lowest price for a Cheap One Bedroom Toronto Apartment is C$1,250 at 25 Mabelle.

What is the lowest price for a Cheap Two Bedroom Toronto Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Toronto is starting from C$1,839 at Carrying Place Vista.

What is the most affordable Toronto Three Bedroom Apartment?

The best deal on a cheap Toronto Three Bedroom Apartment rental is at 3286 Weston Rd and starts from C$2,150.

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.

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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.

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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.