
Cheap Apartments for Rent in Toronto, ON from $700 (838 Rentals) Page 15 of 17
Search the lowest-cost Apartments available for rent right now in Toronto.


1901 Martin Grove Rd

Olgate Terrace

Hartford

Total Monthly Price
Viewpoint Towers

MONTANA COURT APARTMENTS

2507 Eglinton Ave W

2519 Lake Shore Blvd W

24 Seeley Dr

2 Connaught Circle

Vaughan Terrace

San Remo/Monaco Towers

Sheppard Manor Apartments

307 The Kingsway

Bretton Place

464 Spadina Rd

Heathmuir Tower

Rannock & Pharmacy Apartments

Forest Suites

Roxbury Manor

Grenadier Square

Belmar Apartments

Murray Ross Apartments

896 Eglinton Ave E

Gail Manor

Landmark Apartments

1545 Bathurst

500 Duplex Avenue Apartments

875 Kennedy Rd

Total Monthly Price
Oakburn Apartments

310 Niska Road

2600 Finch

699 Balliol St

441 Kingston Road

Dufresne Court

Carolyn Court

3888 Bathurst Street

20 Chichester Pl

535 The East Mall

91 Wellesley Street

2 Superior Avenue

1515 Wilson Ave

44 Walmer Rd

Dunmurray Apartments

450 Winona Drive

250 St Clair Ave. W.

1505 Wilson Ave

Golf View Towers 2

516 Dawes Rd

Wilson Avenue Apartments
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.