
Cheap Apartments for Rent in Toronto, ON from $700 (877 Rentals) Page 8 of 18
Search the lowest-cost Apartments available for rent right now in Toronto.


60 Gloucester St

Bay Mills Apartments

The Livmore High Park

55 Brownlow Avenue

Total Monthly Price
The Quay - Tower III

Sandalwood Manor

Total Monthly Price
Montgomery Mills

Total Monthly Price
890 Jane St

Heathmuir Tower

4900 Bathurst Street

4866 Bathurst Street

Parkway Manor

Everston

Rockford

Scarborough Golf Apartments

Valencia Towers South

Rouge Valley Residence

Total Monthly Price
Academy Place

4222 Bathurst Street

Oakview Heights

Total Monthly Price
Brookbanks Apartments

Total Monthly Price
Keele and Lawrence

Residences on Bloor

697-701 Eglinton

Total Monthly Price
Halsa

128 Cass Ave

36 Doerr Rd

1550 Lawrence Ave W

25 Stong Court

4340 Bathurst Street

3905 Bathurst St

19 Rosemount Drive

135 Isabella St

1 Rosemount Drive

45 Balliol Street

Total Monthly Price
21 Welsford Gdns

Helen Towers

2 Superior Ave

240 Durie St

2110 Keele Street

Total Monthly Price
5294 Dundas Street

2 Dorado Ct

Total Monthly Price
7 St. Dennis

Richelieu

Summit Place

66 Isabella St

480 Wilson Ave

25 Cedarcroft Blvd
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
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 $1,400.
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.
