
Apartments for Rent in Toronto, ON Under $1,500 (153 Rentals)


Upper Canada Apartments 165

Goodwood Apartments

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30 Springhurst Ave

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1592 Bathurst Street

Gertrude Suites

Serena Court

260 Sherbourne

The Continental

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Ava Manor
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

680 Roselawn Avenue

Havenbrook Towers

Brentwood Towers

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WELLINGTON APARTMENTS

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Clearview on the Park

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260 Wellesley St E

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The Imperial

The Citadel

Upper Canada Court, East

1000 Bathurst St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Six Points Suites | 40 Trethewey Dr

103 & 105 West Lodge

200 Roehampton

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Parkside | Student Residence

Marina View Apartments

Dundonald Arms

2251 - 2257 Jane Street

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15 Bater Ave

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22 Oakmount

Bel Manor Apartments
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.

Georgian Arms

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Campus Gate Residence's

2346 Weston

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1011 Lansdowne Ave Apartments

Crescent Town

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440 Winona Drive

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650 Parliament St

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256-262 Sherbourne St.

90 Eastdale

Bradley Courts
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.

Bradley Court

The Els - Student Living

77 Howard St

1191 Woodbine Ave

115 Montrose Av

2903 St Clair Ave E

159 Gladstone Ave

432 Jarvis St

2938 Danforth Ave

224 St George St
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 $1500 | $2,050 | $1,045 | $7,264 |
| Toronto 1 Bedroom Apartments Under $1500 | $2,528 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments Under $1500 | $3,263 | $1,350 | $10,000+ |
| Toronto 3 Bedroom Apartments Under $1500 | $4,078 | $1,569 | $10,000+ |
| Toronto 4 Bedroom Apartments Under $1500 | $5,413 | $1,019 | $10,000+ |
| Toronto 5 Bedroom Apartments | $14,610 | $1,000 | $10,000+ |
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Toronto, ON Local Guide
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Toronto, ON Rentals by Map
See the most popular apartments and homes in Toronto, ON
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 4,881 Studio Apartments in Toronto with rent ranges from $1,045 to $7,264 with an average price of $2,050.
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 $895 to $18,445 with an average monthly rent of $2,528.
What does renting a Two Bedroom Apartment in Toronto cost?
The monthly rent prices of Two Bedroom Apartments currently available in Toronto range from $1,350 to $17,561. Today's average rental price for Two Bedrooms here is $3,263.
How expensive are Toronto Three Bedroom Apartments?
There are currently 2,434 Three Bedroom Apartments listings available in Toronto on ApartmentHomeLiving.com. The pricing ranges from $1,569 to $23,224 - averaging $4,078 for the location.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.