Cheap Apartments for Rent in Toronto, ON from $700 (789 Rentals) Page 2 of 16

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Search the lowest-cost Apartments available for rent right now in Toronto.

property at 29 Tillbrook Ct

$1,550 - $3,025

2 To 5 Bedroom Rentals

Available Apr 1

29 Tillbrook Ct

TorontoONM1B 1N5
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1 Marquette Avenue
Rent Specials
$1,579 - $2,795
Total Monthly Price

Total Monthly Price

Base Rent
$1,579 - $2,795
Total Monthly Price
$1,579 - $2,795
Studio to 2 Bedroom Apartments Available Now

1 Marquette Avenue

1 Marquette AveToronto, ON M6A 1X8
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470 Sentinel Road
Rent Specials
$1,579 - $2,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,579 - $2,650
Total Monthly Price
$1,579 - $2,650
Studio to 3 Bedroom Apartments Available Now

470 Sentinel Road

470 Sentinel RdToronto, ON M3J 1V6
Student Housing
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  • Utilities Included
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25 St. Dennis Drive
Rent Specials
$1,595 - $2,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,595 - $2,500
Total Monthly Price
$1,595 - $2,500
1 to 3 Bedroom Apartments Available Now

25 St. Dennis Drive

35 David Salomon DrToronto, ON M3C 1E7
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Davisville Village
Rent Specials
$1,595 - $2,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,595 - $2,395
Total Monthly Price
$1,595 - $2,395
Studio to 2 Bedroom Apartments Available Now

Davisville Village

141 Davisville AveToronto, ON M4S 1G7
Student Housing
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Huntley Apartments
Rent Specials
$1,595 - $2,580
Total Monthly Price

Total Monthly Price

Base Rent
$1,595 - $2,580
Total Monthly Price
$1,595 - $2,580
Studio to 2 Bedroom Apartments Available Now

Huntley Apartments

77 Huntley StToronto, ON M4Y 2L1
Student Housing
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property at 2928 Yonge St

$1,595 - $1,900

Studio To 1 Bedroom Rentals

Available Now

2928 Yonge St

TorontoONM4N 2J9
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440 Winona Drive
$1,600 - $2,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $2,300
Total Monthly Price
$1,600 - $2,300
Studio to 2 Bedroom Apartments Available Now

440 Winona Drive

440 Winona DrToronto, ON M6E 3P9
Student Housing
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100 Alexander Street
Rent Specials
$1,600 - $2,449
Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $2,449
Total Monthly Price
$1,600 - $2,449
Studio to 2 Bedroom Apartments Available Now

100 Alexander Street

100 Alexander StToronto, ON M4Y 1B7
Student Housing
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Shorecrest Apartments
$1,600 - $2,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $2,750
Total Monthly Price
$1,600 - $2,750
Studio to 3 Bedroom Apartments Available Now

Shorecrest Apartments

35 Spencer AveToronto, ON M6K 1G8
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Marina View Apartments
Rent Specials
$1,600 - $1,900
Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $1,900
Total Monthly Price
$1,600 - $1,900
1 Bedroom Apartments Available Now

Marina View Apartments

2303-2307 Lake Shore Blvd WToronto, ON M8V 1A7
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1524 Bathurst Street
Rent Specials
$1,600 - $2,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $2,500
Total Monthly Price
$1,600 - $2,500
1 to 2 Bedroom Apartments Available Now

1524 Bathurst Street

1520-1524 Bathurst StToronto, ON M5P 3H3
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property at 1 Southmead Rd

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

2 Bedroom, 1 Bath Home for Rent

Available Now

1 Southmead Rd

TorontoONM1L 2H7
property at 2430 Kingston Rd

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

1 Bedroom, 1 Bath Home for Rent

Available Jun 1

2430 Kingston Rd

TorontoONM1N 1V3
property at 1 Homewood Ave

$1,600 - $1,799

Studio To 1 Bedroom Rentals

Available Now

1 Homewood Ave

TorontoONM4Y 2J8
property at 445 Eglinton Ave E

$1,600 - $1,890

Studio To 1 Bedroom Rentals

Available Now

445 Eglinton Ave E

TorontoONM4P 1N1
property at 1 Oriole Rd

$1,615 - $2,290

Studio To 2 Bedroom Rentals

Available Now

1 Oriole Rd

TorontoONM4V 2E7
Showing Results 51-100, Page 2 of 16

Toronto, ON Area Reviews

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Dee • 4+ years in Toronto

February 25, 2025

30 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 $4,917.

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 2,740 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 $1,273 which is $3,644 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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.