
Cheap Apartments for Rent in Toronto, ON from $700 (839 Rentals) Page 8 of 17
Search the lowest-cost Apartments available for rent right now in Toronto.


Rideau Towers

Total Monthly Price
Academy Place

eCentral

Oakview Heights

1137 Royal York Rd

35 Warrender Ave

10 Walmer Road

5 Capri Road

Helen Towers

La Dorelle

Princeton Apartments

4981 Bathurst St

4979 Bathurst St

675 Martin Grove Rd

869-875 Avenue Rd

The Livmore High Park

2150-2150 Queen St E

1-319 The Kingsway

2559-2559 Bloor St W

83 & 85 Silver Birch Avenue

Kennedy Apartments

26 Annapearl Ct

Total Monthly Price
10 Grenoble

185 Shaughnessy Blvd

2 Dorado Ct

Total Monthly Price
2560 Kingston

890 Jane St

Hunters Lodge Apts. Inc.

Total Monthly Price
2550 Kingston

Total Monthly Price
7 St. Dennis

1286 Islington Ave.

25 Cedarcroft Blvd

7-9 Homewood Ave

St David's Village

24 2nd Street Apartments

Greenlaw Avenue

2914 St Clair Ave E

330 Hopewell Ave

WILSON APARTMENTS

958 Eglinton Ave E

1044-1054 College St

120 Oriole Pky

243 Eglinton Ave W

NORTH WEST APARTMENTS

Regal Court

4029 Old Dundas St

Bathurst Street Apartments

Rona Place

Park Vista Apartments
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 | $1,938 | $1,045 | $8,486 |
| Cheap Toronto 1 Bedroom Apartments | $2,460 | $895 | $10,000+ |
| Cheap Toronto 2 Bedroom Apartments | $3,222 | $900 | $10,000+ |
| Cheap Toronto 3 Bedroom Apartments | $4,092 | $1,569 | $10,000+ |
| Cheap Toronto 4 Bedroom Apartments | $5,079 | $1,384 | $10,000+ |
| Toronto 5 Bedroom Apartments | $19,393 | $8,639 | $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 $1,387.
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

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.

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.

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.

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.