Cheap Apartments for Rent in Toronto, ON from $700 with Swimming Pool (86 Rentals) Page 2 of 2

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

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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Park Vista Apartments
$1,060 - $2,870Studio to 3 Bedroom Apartments

Park Vista Apartments

7 Park VisToronto, ON M4B 1A4
Furnished
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42 Thorncliffe Park
$1,200 - $2,2001 to 3 Bedroom Apartments

42 Thorncliffe Park

42 Thorncliffe Park DrToronto, ON M4H 1K1
  • Utilities Included
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Park Vista Apartments
$1,590 - $2,870Studio to 3 Bedroom Apartments

Park Vista Apartments

6 Park VisToronto, ON M4B 1A2
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Imperial Towers
$1,645 - $2,500Studio to 2 Bedroom Apartments

Imperial Towers

90 Tyndall AveToronto, ON M6K 1G3
  • Smoke Free
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Northcliffe Heights
$1,669Studio to 2 Bedroom Apartments

Northcliffe Heights

620 Northcliffe BlvdToronto, ON M6E 3M1

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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Dufferin Heights
$1,669 - $2,489Studio to 2 Bedroom Apartments

Dufferin Heights

65 Dynevor RdToronto, ON M6E 3X1
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Hampton House North
$1,695 - $2,685Studio to 2 Bedroom Apartments

Hampton House North

299 Roehampton AvToronto, ON M4P 1S2
  • Utilities Included
  • Smoke Free
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Dufresne Court
$1,749 - $1,8991 to 3 Bedroom Apartments

Dufresne Court

5 Dufresne CtToronto, ON M3C 1B7
  • Smoke Free
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Bathville Towers
$1,755 - $3,110Studio to 3 Bedroom Apartments

Bathville Towers

6000 Bathurst StToronto, ON M2R 1Z1
  • Utilities Included
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Villa Nova
$1,795Studio to 3 Bedroom Apartments

Villa Nova

530 Scarlett RdToronto, ON M9P 1A7
  • Utilities Included
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Viewpoint Towers
$1,850 - $3,0001 to 3 Bedroom Apartments

Viewpoint Towers

35 Canyon AveToronto, ON M3H 4Y2
  • Utilities Included
  • Smoke Free
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11 Dervock Cres
$1,865 - $2,1951 to 2 Bedroom Apartments

11 Dervock Cres

11 Dervock CresToronto, ON M2K 1H5
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103 Avenue Rd
$1,875 - $3,500Studio to 3 Bedroom Apartments

103 Avenue Rd

103 Avenue RdToronto, ON M5R 2G5
  • Utilities Included
  • Smoke Free
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Victoria Park Apartments
$1,895 - $2,2951 to 3 Bedroom Apartments

Victoria Park Apartments

1757-1759 Victoria Park AveToronto, ON M1R 1S3

Toronto, ON Area Reviews

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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 $1,475.

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 $3,361.

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 1,926 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 $1,179 which is $2,182 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

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

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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.

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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.

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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.