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C$1,550 - C$2,800Studio to 2 Bedroom Apartments Available Now
22 Oakmount
22 Oakmount RdToronto, ON M6P 2M7
Cheap Apartments for Rent in Toronto, ON from C$700 with Swimming Pool (60 Rentals)
Search the lowest-cost Apartments available for rent right now in Toronto.
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Rent Specials
C$1,589 - C$2,999Studio to 2 Bedroom Apartments Available Now
The Crossways
2340-2360 Dundas St WToronto, ON M6P 4A9
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C$1,599 - C$3,199Studio to 3 Bedroom Apartments Available Now
Crescent Town
7-11 Crescent PlToronto, ON M4C 5C4
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C$1,665 - C$2,435Studio to 2 Bedroom Apartments Available Now
Upper Canada Court, West
110 Erskine AveToronto, ON M4P 2A1
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C$1,669Studio Apartments Available Now
Northcliffe Heights
620 Northcliffe BlvdToronto, ON M6E 3M1
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C$1,675 - C$2,385Studio to 2 Bedroom Apartments Available Now
Upper Canada Court, Centre
140 Erskine AvToronto, ON M4P 1Z2
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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C$1,695 - C$2,899Studio to 2 Bedroom Apartments Available Now
100 Roehampton Ave
100 Roehampton AveToronto, ON M4P 1R3
33 Eastmount Ave
TorontoONM4K 1V3
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C$1,699 - C$2,549Studio to 2 Bedroom Apartments Available Now
The Maples
20 Carlton Street, 25 Wood StToronto, ON M4Y 2P9
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C$1,700 - C$2,2991 to 2 Bedroom Apartments Contact Us For Availability
102 Trethewey Dr
102 Trethewey DrToronto, ON M6M 4B7
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C$1,700 - C$2,600Studio to 2 Bedroom Apartments Contact Us For Availability
Rosedale East
50-70 Cambridge AveToronto, ON M4K 2L3
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C$1,725 - C$2,850Studio to 2 Bedroom Apartments Available Now
80 St. Clair
80 St Clair Av EToronto, ON M4T 1N6
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C$1,735 - C$3,745Studio to 3 Bedroom Apartments Available Now
299 Glenlake (Toronto) Limited
299 Glenlake AvToronto, ON M6P 4A6
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C$1,740 - C$4,7991 to 3 Bedroom Apartments Available Now
Leaside Towers
85-95 Thorncliffe Park DrToronto, ON M4H 1L6
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C$1,750 - C$2,200Studio to 1 Bedroom Apartments Available Now
Lakeview Towers
22 Close AveToronto, ON M6K 2V4
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C$1,750 - C$3,040Studio 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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C$1,775 - C$2,975Studio to 3 Bedroom Apartments Available Now
24 Mabelle
24 Mabelle AveToronto, ON M9A 4X6
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C$1,785 - C$3,175Studio to 2 Bedroom Apartments Available Now
77 Davisville
77 Davisville AveToronto, ON M4S 1G4
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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C$1,795 - C$2,325Studio to 2 Bedroom Apartments Available Now
225 Van Horne Apartments
225 Van Horne AveToronto, ON M2J 2T9
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C$1,799 - C$2,7001 to 2 Bedroom Apartments Available Now
140 Carlton
140 Carlton StToronto, ON M5A 3W7
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C$1,799 - C$2,399Studio to 2 Bedroom Apartments Available Now
221 Balliol Street
221 Balliol StToronto, ON M4S 1C8
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C$1,800 - C$2,4001 to 3 Bedroom Apartments Available Now
Marina View Apartments
2303-2307 Lake Shore Blvd WToronto, ON M8V 1A7
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C$1,800 - C$3,100Studio to 3 Bedroom Apartments Available Now
Dunfield and Holly Towers
33 Holly StToronto, ON M4S 2G8
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C$1,810 - C$2,3951 to 2 Bedroom Apartments Available Now
Pharmacy Place
263-283 Pharmacy AveToronto, ON M1L 3E7
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C$1,825 - C$2,845Studio to 3 Bedroom Apartments Available Now
Cambridge Place Apartments
30 Denton AveToronto, ON M1L 4P2
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C$1,845 - C$3,1001 to 2 Bedroom Apartments Available Now
Goldengate Apartments
1770-1790 Eglinton Av EToronto, ON M4A 2T3
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When Life Happens: Your Options for Ending a Rental Lease Early
Unexpected life events can force you to break your lease. Learn how to communicate with your landlord, negotiate a solution, and understand your legal options for early termination.
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C$1,850 - C$2,6001 to 2 Bedroom Apartments Available Now
Royal Hill
34 Leith Hill RdToronto, ON M2J 5C5
64 Queens Dr
TorontoONM9N 2H6
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C$1,869 - C$3,049Studio to 3 Bedroom Apartments Available Now
Park Willow Developments
55-65 Ellerslie AveToronto, ON M2N 1Y1
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C$1,875Studio Apartments Contact Us For Availability
Balfour Square
50 Rosehill AveToronto, ON M4T 2W7
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C$1,875 - C$2,375Studio to 2 Bedroom Apartments Available Now
Lake Promenade Community
21-31 Park BlvdToronto, ON M8W 1G6
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C$1,899 - C$3,6291 to 3 Bedroom Apartments Available Now
Fifeshire Towers
6040 Bathurst StToronto, ON M2R 1Z7
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C$1,900 - C$3,3991 to 3 Bedroom Apartments Available Now
10 Grenoble
10 Grenoble DrToronto, ON M3C 1C6
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C$1,900 - C$3,0491 to 3 Bedroom Apartments Available Now
7 St. Dennis
7 St Dennis DrToronto, ON M3C 1E4
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C$1,900 - C$3,3501 to 4 Bedroom Apartments Available Now
Park Vista Apartments
2-8 ParkToronto, ON M4B 1A1
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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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.
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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 | C$2,038 | C$1,045 | C$5,620 |
| Toronto 1 Bedroom Apartments | C$2,413 | C$890 | C$6,740 |
| 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$4,565 | C$1,145 | C$10,000 |
| Toronto 5 Bedroom Apartments | C$4,890 | C$4,890 | C$4,890 |
Explore Toronto
Toronto, ON Local Guide
- Toronto Neighborhoods
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Quick Rent Budget Calculator
How much rent can you afford?
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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 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$3,390.
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 29 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$190 which is C$3,200 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.