
Cheap Apartments for Rent in Toronto, ON from $700 (839 Rentals) Page 7 of 17
Search the lowest-cost Apartments available for rent right now in Toronto.


Midland Complex

Tippett Park

Liberty House

Bexhill Court

51 Trolley Cres

Bellamy Heights

316-320 Lonsdale Road

Total Monthly Price
Mirvish Village

Total Monthly Price
High Park Village

Promenade Apartments

Livonia Apartments

25 Stong Court

1 Deauville Lane

53 Thorncliffe Park Drive

6171 Bathurst St

Fifeshire Towers

3575 BATHURST ST

Total Monthly Price
30 Edith

Parkridge Apartments

3000 Dufferin St

Total Monthly Price
Elmpark Manor Apartments

Lawrence Apartments

330 Chisholm Ave

Victoria Park Apartments

Total Monthly Price
One32

286 Finch Avenue W

Rosslyn Residence

225 Davisville Avenue

The Fleetwood

Heath Residences

Broadview Towers

1294 Islington Ave.

149 St George St

Ramsden Place

55 Brownlow Avenue

Valencia Towers South

Sheppard Manor Apartments

5249 Dundas Street W

The Brixton

Sandalwood Manor

Total Monthly Price
Montgomery Mills

South Algiers

Casablanca

1001 Cosburn Ave.

Parkway Manor

177 St. George Street

38 Dixington Crescent

Richelieu

Belmar Apartments
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 | $1,938 | $1,045 | $8,486 |
| Cheap Toronto 1 Bedroom Apartments | $2,460 | $895 | $10,000+ |
| Cheap Toronto 2 Bedroom Apartments | $3,222 | $900 | $10,000+ |
| Cheap Toronto 3 Bedroom Apartments | $4,092 | $1,569 | $10,000+ |
| Cheap Toronto 4 Bedroom Apartments | $5,079 | $1,384 | $10,000+ |
| Toronto 5 Bedroom Apartments | $19,393 | $8,639 | $10,000+ |
Browse Top Apartments in Toronto
See all Apartments in TorontoExplore Toronto
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 $1,387.
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

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.

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.

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.

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.