Cheap Apartments for Rent in Toronto, ON from $700 (839 Rentals) Page 8 of 17

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

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Academy Place
Rent Specials
$1,895 - $3,260
Total Monthly Price

Total Monthly Price

Base Rent
$1,895 - $3,260

Total Monthly Price
$1,895 - $3,260
1 to 3 Bedroom Apartments Available Now

Academy Place

2085-2101 Islington AveToronto, ON M9P 3R1
Student Housing
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property at 35 Warrender Ave

$1,895 - $2,745

1 To 3 Bedroom Rentals

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35 Warrender Ave

TorontoONM9B 5Z5
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10 Grenoble
$1,900 - $3,399
Total Monthly Price

Total Monthly Price

Base Rent
$1,900 - $3,399

Total Monthly Price
$1,900 - $3,399
1 to 3 Bedroom Apartments Available Now

10 Grenoble

10 Grenoble DrToronto, ON M3C 1C6
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2560 Kingston
$1,900 - $2,999
Total Monthly Price

Total Monthly Price

Base Rent
$1,900 - $2,999

Total Monthly Price
$1,900 - $2,999
Studio to 3 Bedroom Apartments Available Now

2560 Kingston

2560 Kingston RdToronto, ON M1M 1L9
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2550 Kingston
$1,900 - $3,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,900 - $3,250

Total Monthly Price
$1,900 - $3,250
Studio to 3 Bedroom Apartments Available Now

2550 Kingston

2550 Kingston RdToronto, ON M1M 1L9
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7 St. Dennis
$1,900 - $3,049
Total Monthly Price

Total Monthly Price

Base Rent
$1,900 - $3,049

Total Monthly Price
$1,900 - $3,049
1 to 3 Bedroom Apartments Available Now

7 St. Dennis

7 St Dennis DrToronto, ON M3C 1E4
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7-9 Homewood Ave
$749 - $1,100Studio Apartments

7-9 Homewood Ave

7-9 Homewood AveToronto, ON M2M 3W6
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St David's Village
$775 - $900Studio to 1 Bedroom Apartments

St David's Village

1290 Danforth RdToronto, ON M1J 3L9
Senior Living
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Greenlaw Avenue
$8861 Bedroom Apartments

Greenlaw Avenue

6A Greenlaw AvenueToronto, ON M6H 3V5
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2914 St Clair Ave E
$925Studio to 2 Bedroom Apartments

2914 St Clair Ave E

2914 St Clair Ave EToronto, ON M4B 1N5
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330 Hopewell Ave
$950 - $2,300Studio to 2 Bedroom Apartments

330 Hopewell Ave

330 Hopewell AveToronto, ON M6E 2S3
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WILSON APARTMENTS
$979 - $2,2001 to 2 Bedroom Apartments

WILSON APARTMENTS

923-937 Wilson AvToronto, ON M3K 1E8
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958 Eglinton Ave E
$980 - $1,120Studio to 1 Bedroom Apartments

958 Eglinton Ave E

958 Eglinton Ave EToronto, ON M4G 2L3
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1044-1054 College St
$985 - $1,1951 to 3 Bedroom Apartments

1044-1054 College St

1044-1054 College StToronto, ON M6H 1A9
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120 Oriole Pky
$995 - $2,2001 to 2 Bedroom Apartments

120 Oriole Pky

120 Oriole PkyToronto, ON M5P 2G8
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243 Eglinton Ave W
$1,000Studio to 2 Bedroom Apartments

243 Eglinton Ave W

243 Eglinton Ave WToronto, ON M4R 1B1
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NORTH WEST APARTMENTS
$1,000 - $2,450Studio to 2 Bedroom Apartments

NORTH WEST APARTMENTS

2900 Jane StToronto, ON M3N 2J6
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Regal Court
$1,004 - $1,450Studio to 2 Bedroom Apartments

Regal Court

1652 Bathurst StToronto, ON M5P 3J8
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4029 Old Dundas St
$1,005 - $1,4001 to 2 Bedroom Apartments

4029 Old Dundas St

4029 Old Dundas StToronto, ON M6S 2T2
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Rona Place
$1,015 - $1,7451 to 2 Bedroom Apartments

Rona Place

391 Sentinel RdToronto, ON M3J 1T3
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Park Vista Apartments
$1,060 - $2,870Studio to 3 Bedroom Apartments

Park Vista Apartments

7 Park VisToronto, ON M4B 1A4
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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 $1,387.

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

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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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.