
Cheap Apartments for Rent in Toronto, ON from $700 (877 Rentals) Page 16 of 18
Search the lowest-cost Apartments available for rent right now in Toronto.


35 Confederation Dr

Roxbury Manor

Scarborough Golf Apartments

Beech Grove Suites

Lawrence East Apartments

310 Niska Road

Total Monthly Price
Oakburn Apartments

2600 Finch

135 Fenelon Drive

896 Eglinton Ave E

Murray Ross Apartments

Don View Towers

Total Monthly Price
Laurentia Apartments

44 Saranac Blvd

Davick Court

345 Dixon Rd

875 Kennedy Rd

Total Monthly Price
Hampton House South

1545 Bathurst

500 Duplex Avenue Apartments

Gail Manor

699 Balliol St

587 Avenue Road

441 Kingston Road

Maya Mews

300 Eglinton Ave E

91 Wellesley Street

222 Wellesley Street East - The Wellsdale

2 Superior Avenue

1047 Victoria Park Ave

Royaltown

1046 Lofts

224 St George St Apartments

William A. Villano Building

Cartac Community

Apartments

450 Winona Drive

Total Monthly Price
Rowena Drive

44 Walmer Rd

2460 Keele St

Dunmurray Apartments

The Village

Montgomery Apartments

1505 Wilson Ave

Golf View Towers 2

The Excelsior

1030 Castlefield Apartments

292 Finch Ave W

1515 Wilson Ave
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.