
Cheap Apartments for Rent in Toronto, ON from $700 with Swimming Pool (102 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in Toronto.


299 Glenlake (Toronto) Limited

Victoria Park Apartments

Fifeshire Towers

45 Balliol Street

Hunters Lodge Apts. Inc.

225 Davisville Avenue

Sheppard Manor Apartments

Ramsden Place

Total Monthly Price
The Quay - Tower III
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
What are amenity fees and are they optional? This guide breaks down everything you need to know about apartment amenity fees, including when you can opt out and how you might be able to lower your rent.

Rockford

Total Monthly Price
Montgomery Mills

Cedar Grove

Balfour Square

Valencia Towers South

Oakview Heights

Total Monthly Price
Academy Place

Roanoke Apartments

1 Rosemount Drive

3000 Dufferin St
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.

Total Monthly Price
10 Grenoble

Total Monthly Price
7 St. Dennis

24 2nd Street Apartments

Park Vista Apartments

40 Fountainhead

1 Fountainhead Rd

Park Vista Apartments

42 Thorncliffe Park

Total Monthly Price
Hampton House South

Total Monthly Price
Hampton House North
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

265 Balliol St

Sunrise Tower Apartments

Eastmount Apartments

Bathville Towers

Total Monthly Price
45 Livingston Rd

20 Chichester Pl

Victoria Park Apartments

Dufresne Court

Olgate Terrace

Sheppard Manor Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Total Monthly Price
Viewpoint Towers

Roanoke Apartments

The Village

18 Brownlow

2170 Sherobee Road

600 & 620 Lolita Gardens

2 Lytton Blvd

1785 Bloor Holdings Inc.

121 Agnes Holdings Inc.

3575 Kaneff Crescent
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.
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 | $2,050 | $1,045 | $7,264 |
| Toronto 1 Bedroom Apartments | $2,528 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,263 | $1,350 | $10,000+ |
| Toronto 3 Bedroom Apartments | $4,078 | $1,569 | $10,000+ |
| Toronto 4 Bedroom Apartments | $5,413 | $1,019 | $10,000+ |
| Toronto 5 Bedroom Apartments | $14,610 | $1,000 | $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 $1,350.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is Bell Tower Residences which is listed at $1,285, while the average apartment in Toronto costs $5,748.
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 3,002 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 $1,177 which is $4,571 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.