
New Luxury Apartments for Rent in Toronto, ON (85 Rentals)
The most luxurious Apartments in Toronto with high-end amenities, features, and finishes.


Strada

Birch House at Canary Landing

EVOLV

The Britt

IMMIX

77 & 99 Gerrard West
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

The Quay - Tower III

The Taylor

Elm-Ledbury

Story of Midtown

The Fairbank

Waverley

The Selby

LNX Residences

20 Samuel Wood

Daniels Keelesdale

Cedarwood Townhomes

The Diamond
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

FourFifty The Well

Bela Square

The Corner On Broadway

Junction Factory Apartments

E18HTEEN

Parker

The Ivy

Maple House at Canary Landing

Balliol Park

66 Isabella St

Lillian Park
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Toronto House

The 203 Residences

Emery Crossing

3030 Pharmacy Av

Novus

The Campbell

Parkside Square

ONE225 York Mills

561 Sherbourne

West22

The Residences at The Well

The Brixton

The Montgomery

Liberty House

TWO St Thomas

Trilogy On King

21 Batavia Av

Towns on Danforth

eCentral

259 Ridgewood Rd
Toronto, ON Local Guide
How much does it cost to rent an apartment in Toronto?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Toronto Studio Apartments | C$2,062 | C$1,045 | C$6,120 |
Toronto 1 Bedroom Apartments | C$2,446 | C$895 | C$6,760 |
Toronto 2 Bedroom Apartments | C$3,162 | C$1,150 | C$10,000 |
Toronto 3 Bedroom Apartments | C$4,225 | C$850 | C$10,000 |
Toronto 4 Bedroom Apartments | C$5,676 | C$3,350 | C$9,880 |
Toronto 5 Bedroom Apartments | C$4,950 | C$4,950 | C$4,950 |
Explore Toronto
Toronto, ON Local Guide
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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 New Toronto Apartments
What is the Cheapest New apartment in Toronto?
Currently the most affordable New Apartment in Toronto is at 25 Duffield Rd listed at C$1,750.
How much is the average rent for a New Toronto Apartment?
The average rent for a New Apartment in Toronto is C$3,153.
What is the largest New Toronto Apartment for rent?
Today's New apartment with the most square footage in Toronto is a 1,722 square feet unit starting from C$2,550 at Novus.
What is the average size for Toronto New Apartments for rent?
The average size for a New rental in Toronto is currently at 486 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.