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$1,119 - $1,5791 to 4 Bedroom Apartments Available Now
The Els - Student Living
3070 Ellesmere RdToronto, ON M1E 4C3
Cheap Apartments for Rent in Toronto, ON from $800 with Washer/Dryer (91 Rentals)
Search the lowest-cost Apartments available for rent right now in Toronto.
101-103 Spadina Rd
TorontoONM5R 2T1
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Rent Specials
$1,350 - $2,100
Total Monthly Price
Base Rent$1,350 - $2,100
Total Monthly Price$1,350 - $2,100
1011 Lansdowne Ave Apartments
1011 Lansdowne AveToronto, ON M6H 4G1
80 Sixteenth St
TorontoONM8V 3K1
96 Markham St
TorontoONM6J 2G5
140 Springhurst Ave
TorontoONM6K 1C1
589 Annette St
TorontoONM6S 2C3
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Rent Specials
$1,597Studio to 2 Bedroom Apartments Available Oct 1
267 St. George Street
267 St George StToronto, ON M5R 2P9
102 Donlands Ave
TorontoONM4J 3P1
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$1,650 - $3,000Studio to 3 Bedroom Apartments Available Soon
Islington Towers
1276 Islington AveToronto, ON M9A 3J9
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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Rent Specials
$1,668 - $2,600
Total Monthly Price
Base Rent$1,668 - $2,600
Total Monthly Price$1,668 - $2,600
Cliffside Apartments
2382 Kingston RdToronto, ON M1N 0C5
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$1,671 - $2,5381 to 2 Bedroom Apartments Available Now
633 Northcliffe Boulevard
633 Northcliffe BlvdToronto, ON M6E 3M3
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$1,700 - $2,9251 to 3 Bedroom Apartments Available Now
Main Square
2575 Danforth AveToronto, ON M4C 1L5
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Rent Specials
$1,720 - $2,020Studio to 2 Bedroom Apartments Available Now
100 Roehampton Ave
100 Roehampton AveToronto, ON M4P 1R3
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Rent Specials
$1,725 - $4,325Studio to 3 Bedroom Apartments Available Now
High Park Village
65 High Park AveToronto, ON M6P 2S2
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Rent Specials
$1,747 - $2,397Studio to 2 Bedroom Apartments Available Now
Shoreline Towers
2313-2323 Lakeshore Blvd WToronto, ON M8V 1B4
79 O'Connor Dr
TorontoONM4K 2K4
420 Eglinton Ave E
TorontoONM4P 1S3
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$1,785 - $3,356Studio to 3 Bedroom Apartments Available Now
The Livmore High Park
55 Quebec AveToronto, ON M6P 2T3
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$1,797 - $2,1971 to 3 Bedroom Apartments Available Now
5 Capri Road
5 Capri RdToronto, ON M9B 6B9
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
$1,799 - $3,447
Total Monthly Price
Base Rent$1,799 - $3,447
Total Monthly Price$1,799 - $3,447
Commonwealth Towers
40-60 Pleasant BlvdToronto, ON M4T 1J9
7 Caithness Ave
TorontoONM4J 3X6
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Rent Specials
$1,800 - $3,100Studio to 3 Bedroom Apartments Available Now
Dunfield and Holly Towers
33 Holly StToronto, ON M4S 2G8
482 King St E
TorontoONM5A 1L8
137 Bedford Rd
TorontoONM5R 2K7
20 Bush Dr
TorontoONM1C 1G6
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Rent Specials
$1,813 - $2,4151 to 3 Bedroom Apartments Available Now
Junction Factory Apartments
3385 Dundas St WToronto, ON M6S 0A7
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$1,835 - $2,525Studio to 3 Bedroom Apartments Available Now
Tippett Park
18 Tretti WayToronto, ON M3H 2V1
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Rent Specials
$1,837 - $2,659
Total Monthly Price
Base Rent$1,837 - $2,659
Total Monthly Price$1,837 - $2,659
2837 Yonge Street
2837 Yonge StToronto, ON M4N 2J6
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$1,849 - $2,822
Total Monthly Price
Base Rent$1,849 - $2,822
Total Monthly Price$1,849 - $2,822
30 Edith
30 Edith DrToronto, ON M4R 1Y8
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.
160 Dowling Ave
TorontoONM6K 3A6
849 Bathurst St
TorontoONM5R 3G2
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Rent Specials
$1,874 - $2,953Studio to 2 Bedroom Apartments Available Now
5249 Dundas Street W
5249 Dundas St WToronto, ON M9B 1A5
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Rent Specials
$1,895 - $3,500
Total Monthly Price
Base Rent$1,895 - $3,500
Total Monthly Price$1,895 - $3,500
Halsa
230 Royal York RdToronto, ON M8V 2V9
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$1,895 - $2,000Studio to 3 Bedroom Apartments Available Now
40 Tuxedo Court
40 Tuxedo CrtToronto, ON M1G 3S7
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Rent Specials
$1,899 - $3,175
Total Monthly Price
Base Rent$1,899 - $3,175
Total Monthly Price$1,899 - $3,175
35 Walmer Road
35 Walmer RdToronto, ON M5R 2X3
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$1,900 - $2,2001 Bedroom Apartments Available Now
66 Isabella St
66 Isabella StToronto, ON M4Y 1N3
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Rent Specials
$1,900 - $3,750Studio to 3 Bedroom Apartments Available Now
EVOLV
25 Nicholas AveToronto, ON M5A 1X9
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Rent Specials
$1,907 - $3,788
Total Monthly Price
Base Rent$1,907 - $3,788
Total Monthly Price$1,907 - $3,788
Parkside Square
55 Smooth Rose CrtToronto, ON M2J 0G7
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$1,915 - $3,085
Total Monthly Price
Base Rent$1,915 - $3,085
Total Monthly Price$1,915 - $3,085
One32
132 Berkeley StToronto, ON M5A 0H6
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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$1,919 - $2,4421 to 3 Bedroom Apartments Available Now
2293 Eglinton Ave E
2293 Eglinton Ave EToronto, ON M1K 2N5
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Rent Specials
$1,945 - $4,300
Total Monthly Price
Base Rent$1,945 - $4,300
Total Monthly Price$1,945 - $4,300
Bela Square
100 Eastdale AvToronto, ON M4C 0B6
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Rent Specials
$1,949 - $4,280Studio to 3 Bedroom Apartments Available Now
Story of Midtown
73-75 Broadway AvToronto, ON M4P 1V1
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Rent Specials
$1,950 - $3,040
Total Monthly Price
Base Rent$1,950 - $3,040
Total Monthly Price$1,950 - $3,040
20 Samuel Wood
20 Samuel Wood WayToronto, ON M9B 0C8
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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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Rent Specials
$1,979 - $3,315
Total Monthly Price
Base Rent$1,979 - $3,315
Total Monthly Price$1,979 - $3,315
Fairfield Towers
6 24th StToronto, ON M8V 3N4
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$1,987 - $3,1501 to 2 Bedroom Apartments Available Now
Daniels Keelesdale
125 Canon Jackson DrToronto, ON M6M 3Z4
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Rent Specials
$1,995 - $4,095Studio to 3 Bedroom Apartments Available Now
The 203 Residences
203 Jarvis StToronto, ON M5B 2C1
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Rent Specials
$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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$1,995 - $3,990Studio to 2 Bedroom Apartments Available Now
31 Phipps Street
31 Phipps StToronto, ON M4Y 0E5
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.
Showing Results 1-50, Page 1 of 2
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 | $1,907 | $1,099 | $8,354 |
| Toronto 1 Bedroom Apartments | $2,353 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,111 | $1,375 | $10,000+ |
| Toronto 3 Bedroom Apartments | $4,061 | $800 | $10,000+ |
| Toronto 4 Bedroom Apartments | $4,339 | $1,119 | $8,434 |
| Toronto 5 Bedroom Apartments | $13,478 | $7,646 | $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.
Read Article
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
Do you know the Toronto area?
Let everyone know!
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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 $2,564.
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 2,754 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 $1,063 which is $1,501 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.