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$1,119 - $1,5792 to 4 Bedroom Apartments Available Now
The Els - Student Living
3070 Ellesmere RdToronto, ON M1E 4C3
Top Rated Cheap Apartments for Rent in Toronto, ON from $800 (42 Rentals)
Top Rated Apartments in Toronto.
Cheap Apartments in Toronto.
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$1,400 - $2,800
Total Monthly Price
Base Rent$1,400 - $2,800
Total Monthly Price$1,400 - $2,800
22 Oakmount
22 Oakmount RdToronto, ON M6P 2M7
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$1,499 - $3,457
Total Monthly Price
Base Rent$1,499 - $3,457
Total Monthly Price$1,499 - $3,457
Ava Manor
1862 Bathurst StToronto, ON M5P 3K8
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$1,597 - $1,727Studio to 2 Bedroom Apartments Available Oct 1
109 Jameson Avenue
109 Jameson AveToronto, ON M6K 2X4
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$1,600 - $1,850Studio Apartments Available Oct 1
710 Spadina Av
710 Spadina AvToronto, ON M5S 2J3
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$1,600 - $2,900Studio to 3 Bedroom Apartments Available Now
1765 & 1775 Weston Rd Apartments
1765 Weston RdToronto, ON M9N 3P7
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Rent Specials
$1,650 - $2,400
Total Monthly Price
Base Rent$1,650 - $2,400
Total Monthly Price$1,650 - $2,400
30 Springhurst Ave
30 Springhurst AveToronto, ON M6K 1B3
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$1,671 - $2,5381 to 2 Bedroom Apartments Available Now
633 Northcliffe Boulevard
633 Northcliffe BlvdToronto, ON M6E 3M3
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$1,700 - $2,830Studio to 2 Bedroom Apartments Available Now
Yonge Eglinton Apartments – Duplex
411 Duplex AvToronto, ON M4R 1V2
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$1,739 - $2,7991 to 3 Bedroom Apartments Available Now
Bellamy Heights
123 Bellamy RdToronto, ON M1J 2K9
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$1,750 - $1,950
Total Monthly Price
Base Rent$1,750 - $1,950
Total Monthly Price$1,750 - $1,950
Eighty-five on Wellesley
85 Wellesley St EToronto, ON M4Y 1H8
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Rent Specials
$1,760 - $1,7721 Bedroom Apartments Available Oct 1
1640 Lawrence
1640 Lawrence Ave WToronto, ON M6L 3C9
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Rent Specials
$1,799 - $2,7001 to 3 Bedroom Apartments Available Now
Midland Complex
740-746 Midland AveToronto, ON M1K 4E2
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Rent Specials
$1,799 - $2,700
Total Monthly Price
Base Rent$1,799 - $2,700
Total Monthly Price$1,799 - $2,700
140 Carlton
140 Carlton StToronto, ON M5A 3W7
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$1,799 - $3,049Studio to 2 Bedroom Apartments Available Now
919 Dufferin
919 Dufferin StToronto, ON M6H 4B2
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$1,836 - $2,236
Total Monthly Price
Base Rent$1,836 - $2,236
Total Monthly Price$1,836 - $2,236
1475 King St W
1475 King St WToronto, ON M6K 1J3
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.
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Rent Specials
$1,919 - $2,4421 to 2 Bedroom Apartments Available Oct 15
2293 Eglinton Ave E
2293 Eglinton Ave EToronto, ON M1K 2N5
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$1,958 - $5,000Studio to 3 Bedroom Apartments Available Now
Station House on Bloor
65 Collegiate RdToronto, ON M6H 0K2
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$1,995 - $3,399
Total Monthly Price
Base Rent$1,995 - $3,399
Total Monthly Price$1,995 - $3,399
3030 Pharmacy Avenue
3030 Pharmacy AvToronto, ON M1W 2N7
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$1,999 - $2,5241 Bedroom Apartments Available Nov 3
38 Dixington Crescent
38 Dixington CresToronto, ON M9P 2M5
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$2,000 - $3,300
Total Monthly Price
Base Rent$2,000 - $3,300
Total Monthly Price$2,000 - $3,300
Balliol Towers Apartments
155 Balliol StToronto, ON M4S 1C8
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$1,550 - $2,565Studio to 3 Bedroom Apartments
56 Thorncliffe Park Dr
56 Thorncliffe Park DrToronto, ON M4H 1K6
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.
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$1,649 - $2,639Studio to 2 Bedroom Apartments
10 Wilmington
10 Wilmington AveToronto, ON M3H 3T5
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$1,649
Total Monthly Price
Base Rent$1,649
Total Monthly Price$1,649
1 Springhurst Ave
1 Springhurst AveToronto, ON M8K 1A8
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$1,668 - $2,971Studio to 3 Bedroom Apartments
Richgrove Village
7-21 Richgrove DrToronto, ON M9R 2K9
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$1,699 - $1,899Studio to 2 Bedroom Apartments
48 Isabella St Apartments
48 Isabella StToronto, ON M4Y 1N3
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$1,731 - $2,6991 to 2 Bedroom Apartments
Hannah Woods
797 Jane StToronto, ON M6N 4B3
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$1,750 - $2,399Studio to 3 Bedroom Apartments
Carolyn Court
980 Lawrence Ave EToronto, ON M3C 1R2
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$1,759 - $2,169Studio to 2 Bedroom Apartments
Wilson Manor
1265 Wilson AveToronto, ON M3M 3C2
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$1,799 - $2,3491 to 3 Bedroom Apartments
Overbank Towers
2360 Eglinton Ave EToronto, ON M1K 2P2
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$1,800 - $2,449Studio to 2 Bedroom Apartments
Ruby Heights
50 Driftwood AveToronto, ON M3N 2M3
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$1,8001 to 3 Bedroom Apartments
Essex House
6 Milepost PlToronto, ON M4H 1C9
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$1,811 - $2,2491 to 3 Bedroom Apartments
1570 Lawrence Ave West
1570 Lawrence Ave WToronto, ON M6M 4K6
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$1,818 - $1,895
Total Monthly Price
Base Rent$1,818 - $1,895
Total Monthly Price$1,818 - $1,895
Prince Charles Terrace
45 Gardiner RdToronto, ON M5P 3B6
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$1,899Studio to 1 Bedroom Apartments
Maya Mews
470 Roncesvalles AveToronto, ON M6R 2N4
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$2,000 - $2,7551 to 4 Bedroom Apartments
Upper Canada Drive
199 Upper Canada DrToronto, ON M2P 1T2
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Rent Specials
$1,285 - $2,599Studio to 2 Bedroom Apartments Available Now
3141 Jaguar Valley
3141 Jaguar Valley DrMississauga, ON L5A 2J5
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Rent Specials
$1,842 - $2,2921 to 2 Bedroom Apartments Available Sep 30
20 Elizabeth Street N
20 Elizabeth St NMississauga, ON L5G 2T9
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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Rent Specials
$1,999 - $2,2951 to 2 Bedroom Apartments Available Now
The Elmwoods
30 Elm Dr EMississauga, ON L5A 3X3
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$1,649 - $1,998Studio to 2 Bedroom Apartments
The Rivergate
35 S Front StMississauga, ON L5H 2C6
Showing Results 1-42, Page 1 of 1
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 | $1,915 | $1,099 | $8,265 |
| Toronto 1 Bedroom Apartments | $2,365 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,107 | $1,375 | $10,000+ |
| Toronto 3 Bedroom Apartments | $3,953 | $800 | $10,000+ |
| Toronto 4 Bedroom Apartments | $4,335 | $1,119 | $8,397 |
| Toronto 5 Bedroom Apartments | $13,485 | $7,638 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Toronto
See all Apartments in TorontoExplore Toronto
Toronto, ON Local Guide
- Toronto Neighborhoods
- Nearby Cities
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Toronto, ON Rentals by Map
See the most popular apartments and homes in Toronto, ON
Toronto, ON Area Reviews
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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 $1,375.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is Marina View Apartments which is listed at $1,400, while the average apartment in Toronto costs $2,560.
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 2,750 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 $1,060 which is $1,500 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
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
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.