
Apartments for Rent in Toronto, ON Under C$1,200 (29 Rentals)


1267 King St W
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Basement and Room Available – for 1 or 2 p
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.

148 Coppard Ave
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.
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 Under C$1200 | C$2,038 | C$1,045 | C$5,620 |
Toronto 1 Bedroom Apartments Under C$1200 | C$2,413 | C$890 | C$6,740 |
Toronto 2 Bedroom Apartments Under C$1200 | C$3,106 | C$1,695 | C$10,000 |
Toronto 3 Bedroom Apartments Under C$1200 | C$4,129 | C$2,100 | C$10,000 |
Toronto 4 Bedroom Apartments Under C$1200 | C$4,565 | C$1,145 | C$10,000 |
Toronto 5 Bedroom Apartments | C$4,890 | C$4,890 | C$4,890 |
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Toronto, ON Local Guide
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Quick Rent Budget Calculator
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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 Toronto
How much are Studio apartments in Toronto?
There are currently 4,922 Studio Apartments in Toronto with rent ranges from C$1,045 to C$5,620 with an average price of C$2,038.
What is the current price range for One Bedroom Toronto Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Toronto ranges from C$890 to C$6,740 with an average monthly rent of C$2,413.
What does renting a Two Bedroom Apartment in Toronto cost?
The monthly rent prices of Two Bedroom Apartments currently available in Toronto range from C$1,695 to C$11,670. Today's average rental price for Two Bedrooms here is C$3,106.
How expensive are Toronto Three Bedroom Apartments?
There are currently 2,378 Three Bedroom Apartments listings available in Toronto on ApartmentHomeLiving.com. The pricing ranges from C$2,100 to C$19,000 - averaging C$4,129 for the location.
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 Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.