
Cheap Apartments for Rent in Toronto, ON from $700 (877 Rentals) Page 15 of 18
Search the lowest-cost Apartments available for rent right now in Toronto.


Seeley Estates

3896 Bathurst

Total Monthly Price
Prince Charles Terrace

The Fairlea

Rudfel Apartments

Belmar Apartments

High Park Village

Total Monthly Price
Broadview Towers

2 GLENHAVEN ST

125 Lawton Blvd.

Fairview Place

Lawrence Apartments

Landmark Apartments

Edgewood Terrace

Rannock & Pharmacy Apartments

Elmpark Manor Apartments 2

Wedgewood Place

Bideford Apartments

240 Cosburn Ave

Overbank Towers

The Westerham

Olgate Terrace

2850 Jane St

The Humberwood

135 Earl Pl

3 Claxton Blvd

Hartford

Bonneville Towers

James Garden Apartments

Essex House

Grange Tower

Total Monthly Price
Mapleview Residences

St. Edmund

2740 Jane Street

2519 Lake Shore Blvd W

The Elmcrest

Venetian Towers

190 Cosburn Ave

Royal Palace Apartments

2 WYCOMBE APARTMENTS

MONTANA COURT APARTMENTS

2507 Eglinton Ave W

151 St George St

Bloor Yonge Tower

25 Cosburn Avenue

Bay Mills

105 La Rose Ave

2 Connaught Circle

Villa Nova
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 | $1,898 | $1,099 | $7,377 |
| Cheap Toronto 1 Bedroom Apartments | $2,403 | $895 | $10,000+ |
| Cheap Toronto 2 Bedroom Apartments | $3,153 | $1,450 | $10,000+ |
| Cheap Toronto 3 Bedroom Apartments | $4,080 | $1,569 | $10,000+ |
| Cheap Toronto 4 Bedroom Apartments | $4,365 | $1,119 | $8,642 |
| Toronto 5 Bedroom Apartments | $16,752 | $8,900 | $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 $1,399.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is Robina Suites which is listed at $1,399, while the average apartment in Toronto costs $2,542.
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 3,148 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 $1,165 which is $1,377 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.