
Cheap Apartments for Rent in Toronto, ON from $700 with Swimming Pool (95 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in Toronto.


Total Monthly Price
5249 Dundas Street W

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3000 Dufferin St

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Fifeshire Towers

The Devon

Ramsden Place

Upper Canada Court, West

Cedar Grove

11 Dervock Crescent

Sierra at Village Gate West
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.

Total Monthly Price
Montgomery Mills

1 Rosemount Drive

Total Monthly Price
7 Jackes Avenue

Sunrise Tower Apartments

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88 Redpath Avenue

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10 Grenoble

Hunters Lodge Apts. Inc.

185 Shaughnessy Blvd

Total Monthly Price
7 St. Dennis

1759-1759 Victoria Park Ave
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.

Park Vista Apartments

42 Thorncliffe Park

1 Fountainhead Rd

40 Fountainhead

Park Vista Apartments

Dufferin Heights

Imperial Towers

Northcliffe Heights

Hampton House North

Hampton House South

Bathville Towers

Total Monthly Price
45 Livingston Rd

Vivere

Dufresne Court

Viewpoint Towers

Sheppard Manor Apartments

20 Chichester Pl

Victoria Park Apartments

Avenue Park Apartments

2170 Sherobee Road

2300 Confederation Parkway

1785 Bloor Holdings Inc.

Total Monthly Price
121 Agnes Holdings Inc.

3575 Kaneff Crescent

99 Agnes Holdings Inc.
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 | $1,990 | $1,045 | $10,000+ |
| Toronto 1 Bedroom Apartments | $2,429 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,229 | $950 | $10,000+ |
| Toronto 3 Bedroom Apartments | $4,208 | $1,569 | $10,000+ |
| Toronto 4 Bedroom Apartments | $6,516 | $1,384 | $10,000+ |
| Toronto 5 Bedroom Apartments | $24,045 | $10,000 | $10,000+ |
Explore Toronto
Toronto, ON Area Reviews
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 $1,495.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is Carrying Place Vista which is listed at $1,387, while the average apartment in Toronto costs $4,917.
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 2,740 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 $1,273 which is $3,644 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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.