
Cheap Apartments for Rent in Toronto, ON from $700 (788 Rentals) Page 9 of 16
Search the lowest-cost Apartments available for rent right now in Toronto.


203-256 Sherbourne St.

778 BROADVIEW AVE

Keele Apartments

Wellesley Parliament Square

WELLESLEY APARTMENTS

2903 St Clair Ave E

Clearview Heights

1 Clarendon Ave

Davette Apartments

Coehill

JARVIS COURT APARTMENTS

Roselawn Manor

1801 Eglinton Ave W

2-12 Kingston Rd

Bay Mills Place

233 Sorauren Ave

506 Danforth Rd

56 Thorncliffe Park Dr

Wellesley Parliament Square Apartments

327 Dixon Rd

20 Tuxedo Court

655 Briar Hill Avenue

115 Tyndall Ave

35 Fountainhead

1 Fountainhead Rd

40 Fountainhead

425 Avenue Rd

111 Cosburn Avenue

1660 Bathurst Street

Park Vista Apartments

Total Monthly Price
30 Clearview Hts

1911 Bayview Ave

Chatsworth Apartments

222 Wellesley Street East - The Wellsdale

300 Eglinton Ave E

40 Delisle Apartments

Maya Mews

Northwoods Village

Thorncliffe Park Apartments

The Gresham

Total Monthly Price
2449 Queen St E

Leopold Apartments

G & M Apartments

2255 Weston Rd

185 Cosburn Ave

Residences at Sixty Three

Hillsdale Manor

44 Huntley St

1780 Lawrence Av E
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 | $1,993 | $1,045 | $10,000+ |
| Cheap Toronto 1 Bedroom Apartments | $2,436 | $895 | $10,000+ |
| Cheap Toronto 2 Bedroom Apartments | $3,220 | $950 | $10,000+ |
| Cheap Toronto 3 Bedroom Apartments | $4,211 | $1,569 | $10,000+ |
| Cheap Toronto 4 Bedroom Apartments | $6,530 | $1,384 | $10,000+ |
| Toronto 5 Bedroom Apartments | $24,459 | $10,000 | $10,000+ |
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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 $1,495.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is Carrying Place Vista which is listed at $1,387, while the average apartment in Toronto costs $4,917.
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 2,740 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 $1,273 which is $3,644 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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.