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$1,069 - $2,4991 to 4 Bedroom Apartments Available Sep 3
The Els - Student Living
3070 Ellesmere RdToronto, ON M1E 4C3
Top Rated Cheap Apartments for Rent in Toronto, ON from $700 (29 Rentals)
Top Rated Apartments in Toronto.
Cheap Apartments in Toronto.
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Rent Specials
$1,499 - $3,457
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,499 - $3,457
Total Monthly Price
$1,499 - $3,457
Ava Manor
1862 Bathurst StToronto, ON M5P 3K8
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Rent Specials
$1,500 - $2,150
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$1,500 - $2,150
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$1,500 - $2,150
30 Springhurst Ave
30 Springhurst AveToronto, ON M6K 1B3
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Rent Specials
$1,585 - $1,885Studio to 2 Bedroom Apartments Available Now
Maddox Tyndall
135 Tyndall AveToronto, ON M6K 2G4
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Rent Specials
$1,599
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
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$1,599
Total Monthly Price
$1,599
1 Springhurst Ave
1 Springhurst AveToronto, ON M8K 1A8
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$1,600 - $3,050Studio to 2 Bedroom Apartments Available Now
710 Spadina Av
710 Spadina AvToronto, ON M5S 2J3
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Rent Specials
$1,628 - $2,5841 to 2 Bedroom Apartments Available Now
633 Northcliffe Boulevard
633 Northcliffe BlvdToronto, ON M6E 3M3
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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Rent Specials
$1,637 - $2,497Studio to 2 Bedroom Apartments Available Now
109 Jameson Avenue
109 Jameson AveToronto, ON M6K 2X4
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$1,665 - $2,805Studio to 2 Bedroom Apartments Available Now
Yonge Eglinton Apartments – Duplex
411 Duplex AvToronto, ON M4R 1V2
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Rent Specials
$1,713 - $2,9501 to 2 Bedroom Apartments Available Now
1640 Lawrence
1640 Lawrence Ave WToronto, ON M6L 3C9
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Rent Specials
$1,750 - $1,950Studio to 1 Bedroom Apartments Available Now
The Lincoln
85 Wellesley St EToronto, ON M4Y 1H8
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Rent Specials
$1,750 - $4,483Studio to 3 Bedroom Apartments Available Sep 1
Station House on Bloor
65 Collegiate RdToronto, ON M6H 0K2
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$1,800 - $4,900
Total Monthly Price
1 to 4 Bedroom Apartments Available NowTotal Monthly Price
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$1,800 - $4,900
Total Monthly Price
$1,800 - $4,900
Balliol Towers Apartments
155 Balliol StToronto, ON M4S 1C8
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$1,800 - $2,1001 to 2 Bedroom Apartments Available Now
1475 King St W
1475 King St WToronto, ON M6K 1J3
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
$1,829 - $2,8791 to 3 Bedroom Apartments Available Now
Bellamy Heights
123 Bellamy RdToronto, ON M1J 2K9
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Rent Specials
$1,854 - $2,968
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,854 - $2,968
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$1,854 - $2,968
High Park Village
111 Pacific AveToronto, ON M6P 2P2
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Rent Specials
$1,857 - $3,677
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,857 - $3,677
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$1,857 - $3,677
The Quay - Tower III
370 Queens Quay WToronto, ON M5V 3J3
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Rent Specials
$1,8571 Bedroom Apartments Available Now
55 Brownlow Avenue
55 Brownlow AveToronto, ON M4S 1W3
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$1,550 - $2,565Studio to 3 Bedroom Apartments
56 Thorncliffe Park Dr
56 Thorncliffe Park DrToronto, ON M4H 1K6
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$1,599Studio to 1 Bedroom Apartments
Maya Mews
470 Roncesvalles AveToronto, ON M6R 2N4
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$1,599 - $1,899Studio to 2 Bedroom Apartments
48 Isabella St Apartments
48 Isabella StToronto, ON M4Y 1N3
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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$1,799 - $3,049Studio to 2 Bedroom Apartments
919 Dufferin
919 Dufferin StToronto, ON M6H 4B2
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$1,818 - $1,895
Total Monthly Price
1 to 4 Bedroom Apartments 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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$1,850 - $2,3001 to 3 Bedroom Apartments
Essex House
6 Milepost PlToronto, ON M4H 1C9
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$1,899Studio to 3 Bedroom Apartments
Carolyn Court
980 Lawrence Ave EToronto, ON M3C 1R2
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$1,599 - $1,8491 to 2 Bedroom Apartments Available Now
2211 Sherobee Road
2211 Sherobee RdMississauga, ON L5A 2H5
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Rent Specials
$1,842 - $2,2711 to 2 Bedroom Apartments Available Jun 30
20 Elizabeth Street N
20 Elizabeth St NMississauga, ON L5G 2T9
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Rent Specials
$1,850 - $3,3001 to 3 Bedroom Apartments Available Now
The Elmwoods
30 Elm Dr EMississauga, ON L5A 3X3
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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$1,749 - $2,400Studio to 2 Bedroom Apartments
The Rivergate
35 S Front StMississauga, ON L5H 2C6
Showing Results 1-29, 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 | $2,050 | $1,045 | $7,301 |
| Toronto 1 Bedroom Apartments | $2,527 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,248 | $1,350 | $10,000+ |
| Toronto 3 Bedroom Apartments | $3,999 | $1,569 | $10,000+ |
| Toronto 4 Bedroom Apartments | $5,121 | $1,069 | $10,000+ |
| Toronto 5 Bedroom Apartments | $14,950 | $1,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Toronto
Toronto, ON Local Guide
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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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Real 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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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!
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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 2346 Weston which is listed at $1,387, while the average apartment in Toronto costs $5,522.
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 3,140 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 $1,194 which is $4,328 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
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.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.