Cheap Apartments for Rent in Toronto, ON from $700 (877 Rentals) Page 7 of 18

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

property at 100 Gamble Ave

$1,800 - $2,250

1 To 2 Bedroom Rentals

Available Now

100 Gamble Ave

TorontoONM4K 2H2
property at 149 St George St

$1,800 - $2,300

Studio To 1 Bedroom Rentals

Available Sep 1

149 St George St

TorontoONM5R 2L9
property at 200 Gateway Blvd

$1,800 - $2,350

1 To 2 Bedroom Rentals

Available Now

200 Gateway Blvd

TorontoONM3C 1B5
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890 Mount Pleasant Apartments
$1,8051 Bedroom Apartments Available Oct 1

890 Mount Pleasant Apartments

890 Mt Pleasant RdToronto, ON M4P 2L4
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Shaughnessy Place
$1,805 - $1,8951 to 2 Bedroom Apartments Available Now

Shaughnessy Place

175 Shaughnessy BlvdToronto, ON M2J 1K3
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Esterbrooke Apartments
$1,810 - $2,1951 to 2 Bedroom Apartments Available Now

Esterbrooke Apartments

20 Esterbrooke AveToronto, ON M2J 2C4
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20 Samuel Wood
Rent Specials
$1,810 - $3,060
Total Monthly Price

Total Monthly Price

Base Rent
$1,810 - $3,060

Total Monthly Price
$1,810 - $3,060
Studio to 3 Bedroom Apartments Available Now

20 Samuel Wood

20 Samuel Wood WayToronto, ON M9B 0C8
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Poplar Grove
$1,815 - $2,0801 to 2 Bedroom Apartments Available Sep 1

Poplar Grove

125 Parkway Forest DrToronto, ON M2J 1L7
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property at 2265 Victoria Park Ave

$1,825 - $2,250

1 To 2 Bedroom Rentals

Available Now

Belmar Apartments

2265 Victoria Park Ave
TorontoONM1R 1W3
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Elm Grove
$1,835 - $2,1851 to 2 Bedroom Apartments Available Oct 1

Elm Grove

80 Forest Manor RdToronto, ON M2J 1M6
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1475 King St W
Rent Specials
$1,836 - $2,236
Total Monthly Price

Total Monthly Price

Base Rent
$1,836 - $2,236

Total Monthly Price
$1,836 - $2,236
1 to 2 Bedroom Apartments Available Now

1475 King St W

1475 King St WToronto, ON M6K 1J3
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Kennedy Apartments
Rent Specials
$1,836 - $2,336
Total Monthly Price

Total Monthly Price

Base Rent
$1,836 - $2,336

Total Monthly Price
$1,836 - $2,336
1 to 2 Bedroom Apartments Available Now

Kennedy Apartments

893 Kennedy RdToronto, ON M1K 2E9
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property at 1004 Lawrence Ave E

$1,845 - $2,285

1 To 2 Bedroom Rentals

Available Now

Lawrence Apartments

1004 Lawrence Ave E
TorontoONM3C 1R5
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30 Edith
$1,849 - $2,821
Total Monthly Price

Total Monthly Price

Base Rent
$1,849 - $2,821

Total Monthly Price
$1,849 - $2,821
Studio to 2 Bedroom Apartments Available Now

30 Edith

30 Edith DrToronto, ON M4R 1Y8
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6161 Bathurst St
Rent Specials
$1,849 - $1,949
Total Monthly Price

Total Monthly Price

Base Rent
$1,849 - $1,949

Total Monthly Price
$1,849 - $1,949
1 Bedroom Apartments Available Sep 1

6161 Bathurst St

6161 Bathurst StToronto, ON M2R 1Z6
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2550 Kingston
Rent Specials
$1,850 - $3,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,850 - $3,250

Total Monthly Price
$1,850 - $3,250
Studio to 3 Bedroom Apartments Available Now

2550 Kingston

2550 Kingston RdToronto, ON M1M 1L9
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10 Grenoble
Rent Specials
$1,850 - $3,399
Total Monthly Price

Total Monthly Price

Base Rent
$1,850 - $3,399

Total Monthly Price
$1,850 - $3,399
1 to 3 Bedroom Apartments Available Now

10 Grenoble

10 Grenoble DrToronto, ON M3C 1C6
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2560 Kingston
Rent Specials
$1,850 - $2,999
Total Monthly Price

Total Monthly Price

Base Rent
$1,850 - $2,999

Total Monthly Price
$1,850 - $2,999
Studio to 3 Bedroom Apartments Available Now

2560 Kingston

2560 Kingston RdToronto, ON M1M 1L9
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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 $1,400.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.