Cheap Apartments for Rent in Toronto, ON from $700 with Utilities Included (442 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Apartments with Utilities Included.

Cheap Apartments in Toronto.

close
View Me
22 Oakmount
$1,499 - $2,800
Total Monthly Price

Total Monthly Price

Base Rent
$1,499 - $2,800

Total Monthly Price
$1,499 - $2,800
Studio to 2 Bedroom Apartments Available Now

22 Oakmount

22 Oakmount RdToronto, ON M6P 2M7
Affordability
  • Verified
  • Utilities Included

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.

close
View Me
15 Bater Ave
$1,500 - $2,100
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,100

Total Monthly Price
$1,500 - $2,100
Studio to 2 Bedroom Apartments Available Now

15 Bater Ave

15 Bater AveToronto, ON M4K 2S4
Affordability
  • Verified
  • Utilities Included
close
View Me
Goodwood Apartments
Rent Specials
$1,500 - $2,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,300

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Goodwood Apartments

100-108 Goodwood Park CtToronto, ON M4C 5C4
Affordability
  • Verified
  • Utilities Included
  • 3D Tour

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.

close
View Me
30 Springhurst Ave
$1,550 - $2,100
Total Monthly Price

Total Monthly Price

Base Rent
$1,550 - $2,100

Total Monthly Price
$1,550 - $2,100
Studio to 1 Bedroom Apartments Available Now

30 Springhurst Ave

30 Springhurst AveToronto, ON M6K 1B3
Student Housing
  • Verified
  • Utilities Included
close
View Me
2355 Lake Shore Blvd W
$1,550 - $2,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,550 - $2,200

Total Monthly Price
$1,550 - $2,200
Studio to 2 Bedroom Apartments Available Now

2355 Lake Shore Blvd W

2355 Lake Shore Blvd WToronto, ON M8V 1B7
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
Castlegate Apartments
Rent Specials
$1,550 - $2,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,550 - $2,750

Total Monthly Price
$1,550 - $2,750
Studio to 3 Bedroom Apartments Available Now

Castlegate Apartments

39-45 Parkcrest DrToronto, ON M1M 3S6
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
470 Sentinel Road
Rent Specials
$1,579 - $2,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,579 - $2,650

Total Monthly Price
$1,579 - $2,650
Studio to 3 Bedroom Apartments Available Now

470 Sentinel Road

470 Sentinel RdToronto, ON M3J 1V6
Student Housing
  • Verified
  • Utilities Included
close
View Me
1 Marquette Avenue
Rent Specials
$1,579 - $2,795
Total Monthly Price

Total Monthly Price

Base Rent
$1,579 - $2,795

Total Monthly Price
$1,579 - $2,795
Studio to 2 Bedroom Apartments Available Now

1 Marquette Avenue

1 Marquette AveToronto, ON M6A 1X8
Affordability
  • Verified
  • Utilities Included
  • 3D Tour

Who Pays for Utilities? Landlord or Tenant?

Your Guide to Understanding Who is Responsible for Which Utilities for When Renting. Click Below to Read More

close
View Me
Upper Canada Court, West
$1,590 - $1,740Studio to 1 Bedroom Apartments Available Now

Upper Canada Court, West

110 Erskine AveToronto, ON M4P 2A1
Affordability
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
25 St. Dennis Drive
Rent Specials
$1,595 - $2,420
Total Monthly Price

Total Monthly Price

Base Rent
$1,595 - $2,420

Total Monthly Price
$1,595 - $2,420
1 to 3 Bedroom Apartments Available Now

25 St. Dennis Drive

35 David Salomon DrToronto, ON M3C 1E7
Affordability
  • Verified
  • Utilities Included
  • 3D Tour

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.

close
View Me
440 Winona Drive
$1,600 - $2,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $2,300

Total Monthly Price
$1,600 - $2,300
Studio to 2 Bedroom Apartments Available Now

440 Winona Drive

440 Winona DrToronto, ON M6E 3P9
Student Housing
  • Verified
  • Utilities Included
close
View Me
1524 Bathurst Street
Rent Specials
$1,600 - $2,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $2,500

Total Monthly Price
$1,600 - $2,500
1 to 2 Bedroom Apartments Available Now

1524 Bathurst Street

1520-1524 Bathurst StToronto, ON M5P 3H3
Affordability
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
Marina View Apartments
Rent Specials
$1,600 - $1,900
Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $1,900

Total Monthly Price
$1,600 - $1,900
1 Bedroom Apartments Available Now

Marina View Apartments

2303-2307 Lake Shore Blvd WToronto, ON M8V 1A7
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
Shorecrest Apartments
$1,600 - $2,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $2,750

Total Monthly Price
$1,600 - $2,750
Studio to 3 Bedroom Apartments Available Now

Shorecrest Apartments

35 Spencer AveToronto, ON M6K 1G8
Student Housing
  • Verified
  • Utilities Included
  • Smoke Free
close
View Me
100 Alexander Street
Rent Specials
$1,600 - $2,449
Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $2,449

Total Monthly Price
$1,600 - $2,449
Studio to 2 Bedroom Apartments Available Now

100 Alexander Street

100 Alexander StToronto, ON M4Y 1B7
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour

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 Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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.

Read Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Toronto, ON Rentals by Map

View Map
Toronto, ON Apartments Map
View Map
Toronto, ON Rental Homes Map

Toronto, ON Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

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 $1,439.

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 $4,142.

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 2,800 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 $1,287 which is $2,855 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 Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.