
Cheap Apartments for Rent in Toronto, ON from $700 (787 Rentals) Page 14 of 16
Search the lowest-cost Apartments available for rent right now in Toronto.


2 WYCOMBE APARTMENTS

Hartford

657 Balliol

1537 WILLOWS APARTMENTS

Viewpoint Towers

Lawrence Apartments

Venetian Towers

Grange Tower

2283 Eglinton Avenue Apartments

2740 Jane Street

2507 Eglinton Ave W

24 Seeley Dr

Valleyview Towers

Edgewood Terrace

Sheppard Manor Apartments

307 The Kingsway

Lord Seaton Road

Alpine Apartments

4141 Bathurst

Rannock & Pharmacy Apartments

464 Spadina Rd

Beech Grove Suites

Roxbury Manor

107 Redpath Avenue

Grenadier Square

42 Glen Elm Ave

Livonia Place Apartments

High Park Village

1545 Bathurst

310 Niska Road

Forest Hill Residences

2600 Finch

875 Kennedy Rd

896 Eglinton Ave E

500 Duplex Avenue Apartments

Helen Towers

Carolyn Court

1 Eccleston Dr

20 Chichester Pl

3888 Bathurst Street

450 Winona Drive

Bretton Place

The Excelsior

Victoria Park Apartments

Royaltown

1030 Castlefield Apartments

2 Superior Avenue

Edilou

345 Lonsdale
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 | $1,993 | $1,045 | $10,000+ |
| Cheap Toronto 1 Bedroom Apartments | $2,436 | $895 | $10,000+ |
| Cheap Toronto 2 Bedroom Apartments | $3,220 | $950 | $10,000+ |
| Cheap Toronto 3 Bedroom Apartments | $4,211 | $1,569 | $10,000+ |
| Cheap Toronto 4 Bedroom Apartments | $6,530 | $1,384 | $10,000+ |
| Toronto 5 Bedroom Apartments | $24,459 | $10,000 | $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 $1,495.
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 $4,887.
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 2,758 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 $1,275 which is $3,612 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

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.

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.

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.

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.