Cheap Apartments for Rent in Toronto, ON from $700 with Swimming Pool (76 Rentals) Page 2 of 2

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
42 Thorncliffe Park
1 to 3 Bedroom Apartments

42 Thorncliffe Park

42 Thorncliffe Park DrToronto, ON M4H 1K1
  • Utilities Included
close
View Me
Northcliffe Heights
Studio to 2 Bedroom Apartments

Northcliffe Heights

620 Northcliffe BlvdToronto, ON M6E 3M1

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.

close
View Me
Hampton House South
Studio to 2 Bedroom Apartments

Hampton House South

322 Eglinton Ave EToronto, ON M4P 1L6
  • Utilities Included
  • Smoke Free
close
View Me
Hampton House North
Studio to 2 Bedroom Apartments

Hampton House North

299 Roehampton AvToronto, ON M4P 1S2
  • Utilities Included
  • Smoke Free
close
View Me
Viewpoint Towers
1 to 3 Bedroom Apartments

Viewpoint Towers

35 Canyon AveToronto, ON M3H 4Y2
  • Utilities Included
  • Smoke Free
close
View Me
Bathville Towers
Studio to 3 Bedroom Apartments

Bathville Towers

6000 Bathurst StToronto, ON M2R 1Z1
  • Utilities Included
close
View Me
High Park Village
Studio to 3 Bedroom Apartments

High Park Village

65 High Park AveToronto, ON M6P 2S2
close
View Me
3950 Lawrence Ave E
Studio to 3 Bedroom Apartments

3950 Lawrence Ave E

3950 Lawrence Ave EToronto, ON M1G 1R8
  • Utilities Included
  • Smoke Free

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.

close
View Me
Royale Towers
Studio to 3 Bedroom Apartments

Royale Towers

335 Van Horne AveToronto, ON M2J 3K3
  • Utilities Included
  • Smoke Free
close
View Me
Altair
1 to 3 Bedroom Apartments

Altair

15 Martha Eaton WayToronto, ON M6M 5B5
  • Utilities Included
  • Smoke Free
close
View Me
High Park Village
Studio to 2 Bedroom Apartments

High Park Village

111 Pacific AveToronto, ON M6P 2P2
close
View Me
Dufresne Court
1 to 3 Bedroom Apartments

Dufresne Court

5 Dufresne CtToronto, ON M3C 1B7
  • Smoke Free
close
View Me
88 Redpath Avenue
Studio to 3 Bedroom Apartments

88 Redpath Avenue

88 Redpath AveToronto, ON M4S 1J8
  • Utilities Included

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.

Toronto, ON Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Dee4+ 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 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 $1,434.

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 $3,452.

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 1,161 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 $803 which is $2,649 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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.