
Cheap Apartments for Rent in Toronto, ON from $700 (839 Rentals) Page 13 of 17
Search the lowest-cost Apartments available for rent right now in Toronto.


Martin Way Towers West

34 Dixington Cres

2010 Bloor St W

Prince Charles Terrace

15 Walmer Rd

675 Roselawn Ave

73 Lovilla Blvd

134-146 Dundas St W

153 St. George

149 St George St

Avenue Park Apartments

New Garden Residences

Prince Arthur

24 Webster Avenue

Birchmount Woods

ORCA

Bathville Towers

4 Hill Heights Rd

620 Martin Grove Rd

3 Broadway

709 KENNEDY APARTMENTS

The Links Road

Richgrove Village

3091 Eglinton Ave E

Mount Pleasant Tower

Wilson Manor

Residences on Bloor

227 Cosburn Ave

Brock Tower

The Fairlea

Baymoore Apartments

The Hampton - East Tower

Isabella Court

Mayfair Mansions

Lambeth House

1650 Keele St

30 Tuxedo Court Apartments

Antrim Crescent Apartments

11 Antrim Cres

41 Antrim Cres

Savoy Plaza Apartments

1700 Victoria Park Avenue

9 Elmsdale Rd

2 Swift Drive

919 Dufferin

592-596 Church St & 67-71 Gloucester St

3892 Bathurst

4141 Bathurst

155 Lake Shore
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+ |
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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.