
Cheap Apartments for Rent in Toronto, ON from $700 (852 Rentals) Page 12 of 18
Search the lowest-cost Apartments available for rent right now in Toronto.


191 St George St

166 Carlton Street

1525 Birchmount Road

50 Walmer Road

The Fairlea

26 Albert Avenue

Wynford South

8 Hector Ave

44 Saranac Blvd

4 Greentree Court

Total Monthly Price
75 Cosburn Apartments

32 Heathrow Dr

Lambeth House

516 Dawes Rd

2413 Islington Ave

3240 Bathurst St

485 Eglinton Ave E

Jameson Avenue

Davick Court

Res @ Y & C

2251 Jane St

170 Sentinel Rd

815 Kennedy Rd

Oxton Court

2255 Jane St

879 Kennedy Rd

775 Ossington Avenue

2461 Queen St E

265 Balliol St

214 St George St

Pleasant Manor

153 St. George

Antrim Apartments

South Garden Apartments

111 Cosburn Avenue

40 Raglan Avenue

Victoria Park Apartments

Montcrest Apartments A&B

Sunrise Tower Apartments

Eastmount Apartments

DuPont Loft Residences

The Wessex

2900 Bathurst Street - Emerald Towers

Helens Court Apartments

Wynford Tower

Trudelle Court Apartments

Bay Mills Place

South Kingsway

77 Erskine Ave
Toronto, ON Local Guide
How much does it cost to rent an apartment in Toronto?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Toronto Studio Apartments | $2,067 | $1,045 | $7,264 |
| Cheap Toronto 1 Bedroom Apartments | $2,536 | $895 | $10,000+ |
| Cheap Toronto 2 Bedroom Apartments | $3,262 | $1,350 | $10,000+ |
| Cheap Toronto 3 Bedroom Apartments | $4,069 | $1,569 | $10,000+ |
| Cheap Toronto 4 Bedroom Apartments | $5,413 | $1,019 | $10,000+ |
| Toronto 5 Bedroom Apartments | $14,591 | $1,000 | $10,000+ |
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Toronto, ON Area Reviews
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 $1,350.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is Bell Tower Residences which is listed at $1,285, while the average apartment in Toronto costs $5,748.
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 3,002 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 $1,177 which is $4,571 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

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.

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.