Cheap Apartments for Rent in Toronto, ON from $700 with Swimming Pool (111 Rentals) Page 2 of 3

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

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Lakeview Towers
$1,800 - $2,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,800 - $2,500

Total Monthly Price
$1,800 - $2,500
1 to 2 Bedroom Apartments Available Now

Lakeview Towers

22 Close AveToronto, ON M6K 2V4
Affordability
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  • Utilities Included
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890 Mount Pleasant Apartments
$1,8051 Bedroom Apartments Available Oct 1

890 Mount Pleasant Apartments

890 Mt Pleasant RdToronto, ON M4P 2L4
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  • Utilities Included
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Esterbrooke Apartments
$1,810 - $2,1951 to 2 Bedroom Apartments Available Now

Esterbrooke Apartments

20 Esterbrooke AveToronto, ON M2J 2C4
Affordability
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  • Utilities Included
  • 3D Tour

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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10 Grenoble
Rent Specials
$1,850 - $3,399
Total Monthly Price

Total Monthly Price

Base Rent
$1,850 - $3,399

Total Monthly Price
$1,850 - $3,399
1 to 3 Bedroom Apartments Available Now

10 Grenoble

10 Grenoble DrToronto, ON M3C 1C6
Affordability
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  • Utilities Included
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The Quay - Tower III
Rent Specials
$1,857 - $3,677
Total Monthly Price

Total Monthly Price

Base Rent
$1,857 - $3,677

Total Monthly Price
$1,857 - $3,677
Studio to 3 Bedroom Apartments Available Now

The Quay - Tower III

370 Queens Quay WToronto, ON M5V 3J3
Student Housing
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  • Utilities Included
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Montgomery Mills
Rent Specials
$1,870 - $2,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,870 - $2,700

Total Monthly Price
$1,870 - $2,700
Studio to 2 Bedroom Apartments Available Now

Montgomery Mills

24 Mabelle AveToronto, ON M9A 4X6
Affordability
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Academy Place
Rent Specials
$1,890 - $3,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,890 - $3,250

Total Monthly Price
$1,890 - $3,250
1 to 3 Bedroom Apartments Available Now

Academy Place

2085-2101 Islington AveToronto, ON M9P 3R1
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour

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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7 St. Dennis
Rent Specials
$1,900 - $3,049
Total Monthly Price

Total Monthly Price

Base Rent
$1,900 - $3,049

Total Monthly Price
$1,900 - $3,049
1 to 3 Bedroom Apartments Available Now

7 St. Dennis

7 St Dennis DrToronto, ON M3C 1E4
Affordability
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  • Utilities Included
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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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3 & 11 Welsford Gardens
$1,400 - $2,9001 to 3 Bedroom Apartments

3 & 11 Welsford Gardens

3-11 Welsford GardensToronto, ON M3A 3S1
  • Utilities Included
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1 Fountainhead Rd
$1,579 - $2,650Studio to 3 Bedroom Apartments

1 Fountainhead Rd

1 Fountainhead RdToronto, ON M3J 1K6
  • Utilities Included
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40 Fountainhead
$1,579 - $2,650Studio to 3 Bedroom Apartments

40 Fountainhead

40 Fountainhead RdToronto, ON M3J 2V1
  • 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

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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24 2nd Street Apartments
$1,595 - $2,295Studio to 2 Bedroom Apartments

24 2nd Street Apartments

24 2nd StToronto, ON M8V 1H4
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42 Thorncliffe Park
$1,600 - $2,400Studio to 3 Bedroom Apartments

42 Thorncliffe Park

42 Thorncliffe Park DrToronto, ON M4H 1K1
  • Utilities Included
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Bathville Towers
$1,690 - $3,530Studio to 3 Bedroom Apartments

Bathville Towers

6000 Bathurst StToronto, ON M2R 1Z1
  • Utilities Included
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2727 Victoria Park Ave
$1,700 - $2,9501 to 3 Bedroom Apartments

2727 Victoria Park Ave

2727 Victoria Park AveToronto, ON M1T 1A6
  • Utilities Included
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265 Balliol St
$1,700 - $1,9501 to 3 Bedroom Apartments

265 Balliol St

265 Balliol StToronto, ON M4S 1C9
  • Utilities Included
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20 Chichester Pl
$1,7501 to 3 Bedroom Apartments

20 Chichester Pl

20 Chichester PlToronto, ON M1T 3R6
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Viewpoint Towers
$1,750 - $3,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,750 - $3,000

Total Monthly Price
$1,750 - $3,000
1 to 3 Bedroom Apartments

Viewpoint Towers

35 Canyon AveToronto, ON M3H 4Y2
  • Utilities Included
  • Smoke Free
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Victoria Park Apartments
$1,765 - $2,7501 to 3 Bedroom Apartments

Victoria Park Apartments

1757-1759 Victoria Park AveToronto, ON M1R 1S3
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Roanoke Apartments
$1,795 - $2,2901 to 3 Bedroom Apartments

Roanoke Apartments

7-9 Roanoke RdToronto, ON M3A 1E3

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.

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Dufresne Court
$1,799 - $2,6991 to 3 Bedroom Apartments

Dufresne Court

5 Dufresne CtToronto, ON M3C 1B7
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Rowena Drive
$1,800 - $2,950
Total Monthly Price

Total Monthly Price

Base Rent
$1,800 - $2,950

Total Monthly Price
$1,800 - $2,950
1 to 3 Bedroom Apartments

Rowena Drive

100 Rowena DrToronto, ON M3A 1R1
  • Utilities Included
  • Smoke Free
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45 Livingston Rd
$1,800 - $2,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,800 - $2,500

Total Monthly Price
$1,800 - $2,500
1 to 3 Bedroom Apartments

45 Livingston Rd

45 Livingston RdToronto, ON M1E 1K8
  • Utilities Included
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Olgate Terrace
$1,850 - $2,4501 to 2 Bedroom Apartments

Olgate Terrace

1010 Broadview AveToronto, ON M4K 2R8
  • Utilities Included
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Villa Nova
$1,875Studio to 3 Bedroom Apartments

Villa Nova

530 Scarlett RdToronto, ON M9P 1A7
  • Utilities Included
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Hampton House South
$1,895 - $1,975
Total Monthly Price

Total Monthly Price

Base Rent
$1,895 - $1,975

Total Monthly Price
$1,895 - $1,975
Studio to 2 Bedroom Apartments

Hampton House South

322 Eglinton Ave EToronto, ON M4P 1L6
  • Utilities Included
  • Smoke Free
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The Village
$1,900 - $2,7001 to 2 Bedroom Apartments

The Village

100 Maitland StToronto, ON M4Y 1E3
Student Housing
  • Utilities Included
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18 Brownlow
$1,900 - $3,250Studio to 2 Bedroom Apartments

18 Brownlow

18 Brownlow AveToronto, ON M4S 2K8
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William A. Villano Building
$1,900 - $2,3002 to 3 Bedroom Apartments

William A. Villano Building

3561 Eglinton Ave WToronto, ON M6M 5L7
  • 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.

Toronto, ON Area Reviews

  • Parks
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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 $1,400.

What is the price of a cheap apartment in Toronto?

The cheapest apartment in Toronto is Robina Suites which is listed at $1,399, while the average apartment in Toronto costs $2,538.

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 3,096 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 $1,173 which is $1,365 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

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.

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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.

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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.