Cheap Apartments for Rent in Toronto, ON from $700 (839 Rentals) Page 6 of 17

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

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Elm Grove
$1,760 - $1,9901 to 2 Bedroom Apartments Available Jun 1

Elm Grove

80 Forest Manor RdToronto, ON M2J 1M6
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Poplar Grove
$1,765 - $1,9751 to 2 Bedroom Apartments Available Now

Poplar Grove

125 Parkway Forest DrToronto, ON M2J 1L7
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225 Van Horne Apartments
$1,785 - $2,0951 to 2 Bedroom Apartments Available Now

225 Van Horne Apartments

225 Van Horne AveToronto, ON M2J 2T9
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Upper Canada Apartments 165
$1,7951 Bedroom Apartments Available Jun 1

Upper Canada Apartments 165

165 Erskine AveToronto, ON M4P 2A1
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property at 160 Balmoral Ave

$1,795 - $1,995

Studio To 1 Bedroom Rentals

Available Now

160 Balmoral Ave

TorontoONM4V 1J7
property at 10 Teesdale Pl

$1,795 - $1,895

1 To 2 Bedroom Rentals

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10 Teesdale Pl

TorontoONM1L 1K9
property at 30 Tuxedo Ct

$1,795 - $2,355

Studio To 2 Bedroom Rentals

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30 Tuxedo Ct

TorontoONM1G 3S8
property at 20 Teesdale Pl

$1,795 - $2,745

1 To 3 Bedroom Rentals

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20 Teesdale Pl

TorontoONM1L 1L1
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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
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2960 Don Mills Rd
Rent Specials
$1,799 - $2,699
Total Monthly Price

Total Monthly Price

Base Rent
$1,799 - $2,699
Total Monthly Price
$1,799 - $2,699
1 to 3 Bedroom Apartments Available Jun 1

2960 Don Mills Rd

2960 Don Mills RdToronto, ON M2J 3B8
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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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Cliffside Apartments
Rent Specials
$1,800 - $2,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,800 - $2,400
Total Monthly Price
$1,800 - $2,400
1 Bedroom Apartments Available Now

Cliffside Apartments

2382 Kingston RdToronto, ON M1N 0C5
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property at 100 Gamble Ave

$1,800 - $2,250

1 To 2 Bedroom Rentals

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100 Gamble Ave

TorontoONM4K 2H2
property at 153 St George St

$1,750 - $2,100

Studio To 1 Bedroom Rentals

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153 St George St

TorontoONM5R 2L9
property at 200 Gateway Blvd

$1,800 - $2,300

1 To 2 Bedroom Rentals

Available Now

200 Gateway Blvd

TorontoONM3C 1B5
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20 Samuel Wood
$1,805 - $3,030
Total Monthly Price

Total Monthly Price

Base Rent
$1,805 - $3,030
Total Monthly Price
$1,805 - $3,030
Studio to 3 Bedroom Apartments Available Now

20 Samuel Wood

20 Samuel Wood WayToronto, ON M9B 0C8
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Showing Results 251-300, Page 6 of 17

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 $1,387.

What is the price of a cheap apartment in Toronto?

The cheapest apartment in Toronto is 2346 Weston which is listed at $1,387, while the average apartment in Toronto costs $5,848.

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 3,414 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 $1,316 which is $4,532 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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.