Cheap Apartments for Rent in Toronto, ON from $700 (855 Rentals) Page 6 of 18

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

property at 270 Sheldon Ave

$1,750 - $2,795

Studio To 3 Bedroom Rentals

Available Now

Sheldon Towers

270 Sheldon Ave
TorontoONM8W 4M1
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Upper Canada Court, West
$1,7551 Bedroom Apartments Available Jun 30

Upper Canada Court, West

110 Erskine AveToronto, ON M4P 2A1
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property at 30 Livonia Pl

$1,785 - $2,240

1 To 2 Bedroom Rentals

Available Now

Livonia Apartments

30 Livonia Pl
TorontoONM1E 4W7
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St. Andrews Towers East
Rent Specials
$1,795 - $2,800
Total Monthly Price

Total Monthly Price

Base Rent
$1,795 - $2,800

Total Monthly Price
$1,795 - $2,800
1 to 3 Bedroom Apartments Available Now

St. Andrews Towers East

26-38 Carluke CresToronto, ON M2L 2H7
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20 Antrim
Rent Specials
$1,795 - $2,850
Total Monthly Price

Total Monthly Price

Base Rent
$1,795 - $2,850

Total Monthly Price
$1,795 - $2,850
1 to 3 Bedroom Apartments Available Now

20 Antrim

20 Antrim CresToronto, ON M1P 4N3
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property at 160 Balmoral Ave

$1,795 - $1,995

Studio To 1 Bedroom Rentals

Available Jul 1

160 Balmoral Ave

TorontoONM4V 1J7
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Princeton Apartments
Rent Specials
$1,799 - $2,299
Total Monthly Price

Total Monthly Price

Base Rent
$1,799 - $2,299

Total Monthly Price
$1,799 - $2,299
1 to 2 Bedroom Apartments Available Jul 1

Princeton Apartments

183 Berry RdToronto, ON M8Y 1W5
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2960 Don Mills Rd
Rent Specials
$1,799 - $2,599
Total Monthly Price

Total Monthly Price

Base Rent
$1,799 - $2,599

Total Monthly Price
$1,799 - $2,599
1 to 3 Bedroom Apartments Available Jul 1

2960 Don Mills Rd

2960 Don Mills RdToronto, ON M2J 3B8
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Victoria Village Towers
Rent Specials
$1,799 - $3,849
Total Monthly Price

Total Monthly Price

Base Rent
$1,799 - $3,849

Total Monthly Price
$1,799 - $3,849
Studio to 3 Bedroom Apartments Available Now

Victoria Village Towers

1704 Victoria Park AveToronto, ON M1R 1R5
Student Housing
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898 Jane St
Rent Specials
$1,799 - $1,899
Total Monthly Price

Total Monthly Price

Base Rent
$1,799 - $1,899

Total Monthly Price
$1,799 - $1,899
1 Bedroom Apartments Available Jul 1

898 Jane St

898 Jane StToronto, ON M6N 4C6
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140 Carlton
$1,799 - $2,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,799 - $2,700

Total Monthly Price
$1,799 - $2,700
1 to 2 Bedroom Apartments Available Now

140 Carlton

140 Carlton StToronto, ON M5A 3W7
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30 Gilder Dr
Rent Specials
$1,799 - $2,199
Total Monthly Price

Total Monthly Price

Base Rent
$1,799 - $2,199

Total Monthly Price
$1,799 - $2,199
1 to 2 Bedroom Apartments Available Now

30 Gilder Dr

30 Gilder DrToronto, ON M1K 4P6
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property at 23 Howland Rd

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom, 1 Bath Home for Rent

Available Now

23 Howland Rd

TorontoONM4K 2Z4
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Lakeview Towers
$1,800 - $2,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,800 - $2,500

Total Monthly Price
$1,800 - $2,500
1 to 2 Bedroom Apartments Available Now

Lakeview Towers

22 Close AveToronto, ON M6K 2V4
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Toronto, ON Area Reviews

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Dee4+ 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 $1,350.

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

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.