Cheap Apartments for Rent in Toronto, ON from $700 (661 Rentals) Page 9 of 14
Search the lowest-cost Apartments available for rent right now in Toronto.

2356 EGLINTON AVENUE EAST

3110-3112 Yonge St

33 Orchard View Blvd

655 Briar Hill Ave

Hampton House South

Murray Ross Apartments

Hampton House North

West Park Village Apartments

3950 Lawrence Ave E

Clearview on the Park

Du Maurier Apartments

South Garden 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 | $2,094 | $1,045 | $10,000+ |
| Cheap Toronto 1 Bedroom Apartments | $2,415 | $895 | $10,000+ |
| Cheap Toronto 2 Bedroom Apartments | $3,089 | $1,559 | $10,000+ |
| Cheap Toronto 3 Bedroom Apartments | $3,856 | $1,180 | $10,000+ |
| Cheap Toronto 4 Bedroom Apartments | $4,320 | $1,459 | $10,000+ |
| Toronto 5 Bedroom Apartments | $1,045 | $1,045 | $1,045 |
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 $1,438.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is Carrying Place Vista which is listed at $1,313, while the average apartment in Toronto costs $3,341.
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 1,314 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 $864 which is $2,477 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

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.





































