
Cheap Apartments for Rent in Toronto, ON from $700 (855 Rentals) Page 7 of 18
Search the lowest-cost Apartments available for rent right now in Toronto.


149 St George St

Total Monthly Price
20 Samuel Wood

25 Seeley Dr

3890 Bathurst

Palomar at Village Gate West

Poplar Grove

The Westlaw

Elm Grove

Total Monthly Price
Broadview Towers

4981 Bathurst St

Bellamy Heights

299 Glenlake (Toronto) Limited

Victoria Park Apartments

Total Monthly Price
Kennedy Apartments

Total Monthly Price
1475 King St W

Lawrence Apartments

1 Deauville Lane

Fifeshire Towers

Total Monthly Price
Elmpark Manor Apartments 1

53 Thorncliffe Park Drive

Hunters Lodge Apts. Inc.

Rosslyn Residence

2110 Keele Street

225 Davisville Avenue

Buckingham House

Sandringham House

Heath Residences

45 Balliol Street

Total Monthly Price
2560 Kingston

2 Bellwoods Park

172 Humbercrest Blvd

330 Chisholm Ave

718 Coxwell Av

Total Monthly Price
One32

Sheppard Manor Apartments

Total Monthly Price
The Quay - Tower III

55 Brownlow Avenue

Ramsden Place

Rockford

Sandalwood Manor

Total Monthly Price
Montgomery Mills

166 Eastbourne Ave

Balfour Square

Heathmuir Tower

South Algiers

464 & 448 Spadina Rd

Cedar Grove

Scarborough Golf Apartments

2005 Eglinton Avenue West
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 | $2,067 | $1,045 | $7,264 |
| Cheap Toronto 1 Bedroom Apartments | $2,536 | $895 | $10,000+ |
| Cheap Toronto 2 Bedroom Apartments | $3,262 | $1,350 | $10,000+ |
| Cheap Toronto 3 Bedroom Apartments | $4,069 | $1,569 | $10,000+ |
| Cheap Toronto 4 Bedroom Apartments | $5,413 | $1,019 | $10,000+ |
| Toronto 5 Bedroom Apartments | $14,591 | $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.