Cheap Apartments for Rent in Toronto, ON from $700 (875 Rentals) Page 5 of 18

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

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The Woolland
Rent Specials
$1,700 - $2,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,700 - $2,450
Total Monthly Price
$1,700 - $2,450
1 to 3 Bedroom Apartments Available Now

The Woolland

1284 Danforth RdToronto, ON M1J 1E9
Affordability
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property at 103 Campbell Av

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

1 Bedroom, 1 Bath Home for Rent

Available Sep 1

103 Campbell Av

TorontoONM6P 3V1
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Balfour Square
$1,725 - $2,895Studio to 3 Bedroom Apartments Available Sep 5

Balfour Square

50 Rosehill AveToronto, ON M4T 2W7
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Rexlington Heights
Rent Specials
$1,729 - $2,679
Total Monthly Price

Total Monthly Price

Base Rent
$1,729 - $2,679
Total Monthly Price
$1,729 - $2,679
1 to 2 Bedroom Apartments Available Now

Rexlington Heights

9-27 Bergamot AveToronto, ON M9W 3X1
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  • Utilities Included
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Bela Square
Rent Specials
$1,742 - $4,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,742 - $4,300
Total Monthly Price
$1,742 - $4,300
1 to 4 Bedroom Apartments Available Now

Bela Square

100 Eastdale AvToronto, ON M4C 0B6
Student Housing
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  • Utilities Included
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31-35 St. Dennis Drive
Rent Specials
$1,749 - $2,499
Total Monthly Price

Total Monthly Price

Base Rent
$1,749 - $2,499
Total Monthly Price
$1,749 - $2,499
1 to 3 Bedroom Apartments Available Now

31-35 St. Dennis Drive

31-35 St Dennis DrToronto, ON M3C 1G7
Affordability
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Centennial Towers
Rent Specials
$1,750 - $3,100
Total Monthly Price

Total Monthly Price

Base Rent
$1,750 - $3,100
Total Monthly Price
$1,750 - $3,100
1 to 3 Bedroom Apartments Available Now

Centennial Towers

65 Thorncliffe Park DrToronto, ON M4H 1L2
Cost Per Sq.Ft.
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property at 39 Vanevery St

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750
Total Monthly Price
$1,750

1 Bedroom, 1 Bath Home for Rent

Available Now

39 Vanevery St

TorontoONM8V 1Y5
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The Coronet
$1,750 - $3,050
Total Monthly Price

Total Monthly Price

Base Rent
$1,750 - $3,050
Total Monthly Price
$1,750 - $3,050
Studio to 3 Bedroom Apartments Available Now

The Coronet

120 Shelborne AveToronto, ON M6B 2M7
Student Housing
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  • Utilities Included
  • Smoke Free
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Birch Towers
Rent Specials
$1,750 - $2,825
Total Monthly Price

Total Monthly Price

Base Rent
$1,750 - $2,825
Total Monthly Price
$1,750 - $2,825
1 to 3 Bedroom Apartments Available Now

Birch Towers

560 Birchmount RdToronto, ON M1K 1P2
Affordability
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Willowridge Towers
Rent Specials
$1,750 - $2,900
Total Monthly Price

Total Monthly Price

Base Rent
$1,750 - $2,900
Total Monthly Price
$1,750 - $2,900
1 to 4 Bedroom Apartments Available Now

Willowridge Towers

10-22 Willowridge RdToronto, ON M9R 3Y9
Student Housing
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  • Utilities Included
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property at 36 Wood Glen Rd

$1,750 - $1,895

1 Bedroom Rentals

Available Sep 1

36 Wood Glen Rd

TorontoONM1N 2V9
property at 1216 York Mills Rd

$1,750 - $3,105

Studio To 3 Bedroom Rentals

Available Now

Don View Towers

1216 York Mills Rd
TorontoONM3A 1Y6
Showing Results 201-250, Page 5 of 18

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 $1,400.

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

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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.

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.