
Cheap Apartments for Rent in Toronto, ON from $700 (877 Rentals) Page 7 of 18
Search the lowest-cost Apartments available for rent right now in Toronto.


2313 Islington Ave

25-35-45 Trudelle Street

100 Gamble Ave

149 St George St

200 Gateway Blvd

5249 Dundas Street W

890 Mount Pleasant Apartments

Shaughnessy Place

25 Seeley Dr

Esterbrooke Apartments

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20 Samuel Wood

Total Monthly Price
The Residence at Weston

Poplar Grove

The Torontonian

Total Monthly Price
52 Mabelle | Far Investments

1340 Avenue Rd

The Westlaw

Belmar Apartments

Bellamy Heights

1602 Bathurst Street

Elm Grove

Total Monthly Price
299 Glenlake (Toronto) Limited

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1475 King St W

Total Monthly Price
Kennedy Apartments

Tichester Park Manors

76 Parkwoods Village Dr

Cedar Grove

Lawrence Apartments

1 Deauville Lane

Beach Park Apartments

Fifeshire Towers

3388 Bathurst Street / 2 Khedive Avenue

286 Finch Avenue W

Total Monthly Price
Elmpark Manor Apartments 1

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30 Edith

3894 Bathurst

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6161 Bathurst St

Total Monthly Price
2550 Kingston

Hunters Lodge Apts. Inc.

Rosslyn Residence

Buckingham House

Sandringham House

Total Monthly Price
10 Grenoble

Total Monthly Price
2560 Kingston

Heath Residences

160 Dowling Ave

330 Chisholm Ave

1000 O'Connor Dr

40 Homewood Ave
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 | $1,909 | $995 | $8,290 |
| Cheap Toronto 1 Bedroom Apartments | $2,374 | $895 | $10,000+ |
| Cheap Toronto 2 Bedroom Apartments | $3,159 | $1,550 | $10,000+ |
| Cheap Toronto 3 Bedroom Apartments | $4,078 | $1,569 | $10,000+ |
| Cheap Toronto 4 Bedroom Apartments | $4,433 | $1,119 | $8,642 |
| Toronto 5 Bedroom Apartments | $16,752 | $8,900 | $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 $1,400.
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

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.

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.

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.