
Cheap Apartments for Rent in Toronto, ON from $700 (855 Rentals) Page 6 of 18
Search the lowest-cost Apartments available for rent right now in Toronto.


Upper Canada Court, West

Shoreline Towers

Altair

3 Broadway

Broadview Mansions

Residences on Bloor

Weston Towers I

Serrano at Village Gate West

Livonia Apartments

29 Orchard Park Dr

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St. Andrews Towers East

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20 Antrim

Tippett Park

14-22 Tichester Rd

Davette Apartments

657 Balliol

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52 Mabelle | Far Investments

185 Shaughnessy Blvd

160 Balmoral Ave

595 St Clair Ave W

West Park Village Apartments

85 Lowther Avenue

48 Grenoble Drive

650 Eglinton Avenue West

5 Capri Road

10 Walmer Road

585 Avenue Road

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Princeton Apartments

35 Tobermory Dr

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3875 Sheppard Avenue East

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2960 Don Mills Rd

Queensview Apartments

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Victoria Village Towers

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898 Jane St

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140 Carlton

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30 Gilder Dr

77 Mutual St

2696 Lake Shore Blvd W

20 Prince Arthur Ave

23 Howland Rd

Rideau Towers

25-35-45 Trudelle Street

2313 Islington Ave

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Balliol Towers Apartments

2460-2500 Keele Street

Bayview Square North

2700 Bathurst Street

The Gateway

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Lakeview Towers
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 | $2,050 | $1,045 | $7,264 |
| Cheap Toronto 1 Bedroom Apartments | $2,528 | $895 | $10,000+ |
| Cheap Toronto 2 Bedroom Apartments | $3,263 | $1,350 | $10,000+ |
| Cheap Toronto 3 Bedroom Apartments | $4,078 | $1,569 | $10,000+ |
| Cheap Toronto 4 Bedroom Apartments | $5,413 | $1,019 | $10,000+ |
| Toronto 5 Bedroom Apartments | $14,610 | $1,000 | $10,000+ |
Browse Top Apartments in Toronto
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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 $1,350.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is Bell Tower Residences which is listed at $1,285, while the average apartment in Toronto costs $5,748.
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 3,002 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 $1,177 which is $4,571 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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.