
Cheap Apartments for Rent in Toronto, ON from $700 (839 Rentals) Page 12 of 17
Search the lowest-cost Apartments available for rent right now in Toronto.


80 Guestville Ave

Wynford South

8 Hector Ave

3896 Bathurst

1046 Lofts

250 St George St

214 St George St

Pleasant Manor

48 Isabella St Apartments

2461 Queen St E

Birchmount Park Towers

44 Saranac Blvd

4 Greentree Court

Res @ Y & C

2251 Jane St

Total Monthly Price
75 Cosburn Apartments

32 Heathrow Dr

2413 Islington Ave

3240 Bathurst St

2255 Jane St

879 Kennedy Rd

775 Ossington Avenue

Oxton Court

815 Kennedy Rd

485 Eglinton Ave E

Jameson Avenue

Davick Court

Village Tower

South Garden Apartments

40 Raglan Avenue

1602 Bathurst Street

Valleyview Towers

Victoria Park Apartments

Antrim Apartments

High Park Village

DuPont Loft Residences

Lawrence East Apartments

South Kingsway

Bay Mills Place

2 Glenhaven St

506 Danforth Rd

77 Erskine Ave

Algonquin Apartments

Westbury Manor

Terra Park Apartments

The Elmcrest

Monterey Park

Sheldon Towers

1017 Woodbine
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 | $1,938 | $1,045 | $8,486 |
| Cheap Toronto 1 Bedroom Apartments | $2,460 | $895 | $10,000+ |
| Cheap Toronto 2 Bedroom Apartments | $3,222 | $900 | $10,000+ |
| Cheap Toronto 3 Bedroom Apartments | $4,092 | $1,569 | $10,000+ |
| Cheap Toronto 4 Bedroom Apartments | $5,079 | $1,384 | $10,000+ |
| Toronto 5 Bedroom Apartments | $19,393 | $8,639 | $10,000+ |
Browse Top Apartments in Toronto
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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 $1,387.
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 $5,848.
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 3,414 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 $1,316 which is $4,532 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.