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260 Sherbourne
260 Sherbourne StToronto, ON M5A 2S1
Cheap Apartments for Rent in Toronto, ON from $700 (876 Rentals) Page 2 of 18
Search the lowest-cost Apartments available for rent right now in Toronto.
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$1,499 - $1,599Studio to 1 Bedroom Apartments Available Now
The Continental
510 Dawes RdToronto, ON M4B 2G2
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$1,499 - $2,249
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$1,499 - $2,249
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$1,499 - $2,249
The Park Mills
32 Clayland DrToronto, ON M3A 2A5
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$1,500 - $1,695
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$1,500 - $1,695
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$1,500 - $1,695
Six Points Suites | 40 Trethewey Dr
40 Trethewey DrToronto, ON M6M 4B1
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$1,500 - $2,600
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$1,500 - $2,600
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$1,500 - $2,600
1592 Bathurst Street
1592 Bathurst StToronto, ON M5P 1R8
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$1,500Studio Apartments Available Now
657 Balliol
657 Balliol StToronto, ON M4S 1E1
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$1,500 - $2,750
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$1,500 - $2,750
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$1,500 - $2,750
Shorecrest Apartments
35 Spencer AveToronto, ON M6K 1G8
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$1,500 - $2,300Studio to 2 Bedroom Apartments Available Now
Goodwood Apartments
100-108 Goodwood Park CtToronto, ON M4C 5C4
Bright clean 1 bedroom apartment with outdoor space
39 Rowntree Ave
TorontoONM6N 1R6
2903 St Clair Ave E
TorontoONM4B 1N5
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
140 Springhurst Ave
TorontoONM6K 1C1
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$1,525 - $3,200Studio to 3 Bedroom Apartments Available Now
Cambridge Place Apartments
30 Denton AveToronto, ON M1L 4P2
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$1,525 - $2,9251 to 3 Bedroom Apartments Available Now
Main Square
2575 Danforth AveToronto, ON M4C 1L5
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$1,525 - $1,899Studio to 1 Bedroom Apartments Available Sep 1
The Sheldrake
1 Homewood AvToronto, ON M4Y 2J8
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$1,525 - $2,775
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$1,525 - $2,775
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$1,525 - $2,775
700 & 730 Ontario Street Apartments
700-730 Ontario StToronto, ON M4X 1N2
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$1,539 - $2,999Studio to 2 Bedroom Apartments Available Now
The Crossways
2340-2360 Dundas St WToronto, ON M6P 4A9
40 Timgren Dr
TorontoONM1R 3R5
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$1,549 - $2,2491 Bedroom Apartments Available Now
Eccleston Heights | 1, 3, 21 Eccleston
3 Eccleston DrToronto, ON M4A 1K1
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$1,549 - $1,799
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Studio to 1 Bedroom Apartments Available Aug 15Total Monthly Price
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$1,549 - $1,799
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$1,549 - $1,799
Princeton Apartments
183 Berry RdToronto, ON M8Y 1W5
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$1,550 - $2,659
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$1,550 - $2,659
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$1,550 - $2,659
2837 Yonge Street
2837 Yonge StToronto, ON M4N 2J6
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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$1,550 - $2,129
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$1,550 - $2,129
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$1,550 - $2,129
Doversquare Apartments
730 Dovercourt RdToronto, ON M6H 2W9
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$1,550 - $1,849Studio to 1 Bedroom Apartments Available Now
550 Jarvis St
550 Jarvis StToronto, ON M4Y 2H9
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$1,550 - $2,200Studio to 2 Bedroom Apartments Available Now
2355 Lake Shore Blvd W
2355 Lake Shore Blvd WToronto, ON M8V 1B7
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$1,550 - $2,750Studio to 3 Bedroom Apartments Available Now
Castlegate Apartments
39-45 Parkcrest DrToronto, ON M1M 3S6
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$1,550 - $2,580
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$1,550 - $2,580
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$1,550 - $2,580
545 & 555 Sherbourne
545 Sherbourne StToronto, ON M4X 1W6
124 Spencer Ave
TorontoONM6K 2J6
222 Broadway Av
TorontoONM4P 1V9
7 Harris Av
TorontoONM4C 1P3
76 Blakemanor Blvd
TorontoONM1J 2W5
3 Sandrift Square
TorontoONM1E 4N5
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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$1,551 - $1,651
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$1,551 - $1,651
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$1,551 - $1,651
East York Apartments
2890 St Clair Ave EToronto, ON M4B 1N5
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$1,555 - $1,795
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Studio Apartments Available Aug 15Total Monthly Price
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$1,555 - $1,795
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The Summit
280 St George StToronto, ON M5R 2P7
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$1,557 - $1,899Studio to 1 Bedroom Apartments Available Now
4750 Bathurst Street
4750 Bathurst StToronto, ON M2R 1W9
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$1,559Studio Apartments Contact Us For Availability
The Maitlands
36-42 Maitland StToronto, ON M4Y 1C5
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$1,565 - $3,890Studio to 2 Bedroom Apartments Available Now
Village Green
40 Alexander StToronto, ON M4Y 1B5
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$1,575 - $2,450
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$1,575 - $2,450
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$1,575 - $2,450
Northshore Apartments
79 Jameson AveToronto, ON M6K 2X2
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$1,579 - $2,500
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$1,579 - $2,500
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$1,579 - $2,500
Imperial Towers
90 Tyndall AveToronto, ON M6K 1G3
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$1,579 - $2,650
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Studio to 3 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
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$1,579 - $2,650
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$1,579 - $2,650
470 Sentinel Road
470 Sentinel RdToronto, ON M3J 1V6
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$1,580 - $2,575
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$1,580 - $2,575
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$1,580 - $2,575
Huntley Apartments
77 Huntley StToronto, ON M4Y 2L1
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$1,595 - $2,315Studio to 2 Bedroom Apartments Available Oct 1
Upper Canada Court, East
160 Erskine AvToronto, ON M4P 1Z3
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
589 Annette St
TorontoONM6S 2C3
Chatsworth Apartments
2928 Yonge St
TorontoONM4N 2J9
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$1,597 - $1,897Studio to 1 Bedroom Apartments Available Now
117 Old Forest Hill Road
117 Old Forest Hill RdToronto, ON M5P 2R8
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$1,597Studio to 2 Bedroom Apartments Available Oct 1
109 Jameson Avenue
109 Jameson AveToronto, ON M6K 2X4
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$1,597 - $1,847Studio to 2 Bedroom Apartments Available Now
267 St. George Street
267 St George StToronto, ON M5R 2P9
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$1,599
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$1,599
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$1,599
869-875 Avenue Rd
869-875 Avenue RdToronto, ON M5P 2K5
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$1,599 - $2,229Studio to 1 Bedroom Apartments Available Now
Glencairn Garden Apartments
2730 Yonge StToronto, ON M4N 2H9
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$1,599 - $1,6501 Bedroom Apartments Available Now
Donlands Apartments
5 Donlands AveToronto, ON M4J 1M2
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$1,599 - $1,849Studio to 1 Bedroom Apartments Available Now
Park Willow Developments
55-65 Ellerslie AveToronto, ON M2N 1Y1
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$1,599 - $2,200Studio to 2 Bedroom Apartments Available Now
Serena Court
2202 Weston RdToronto, ON M9N 1Y1
Showing Results 51-100, Page 2 of 18
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 | $1,909 | $995 | $8,290 |
| Cheap Toronto 1 Bedroom Apartments | $2,374 | $895 | $10,000+ |
| Cheap Toronto 2 Bedroom Apartments | $3,159 | $1,550 | $10,000+ |
| Cheap Toronto 3 Bedroom Apartments | $4,078 | $1,569 | $10,000+ |
| Cheap Toronto 4 Bedroom Apartments | $4,433 | $1,119 | $8,642 |
| Toronto 5 Bedroom Apartments | $16,752 | $8,900 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Write a ReviewDee • 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 $1,400.
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 $2,538.
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 3,096 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 $1,173 which is $1,365 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.