Apartments for Rent in Toronto, ON Under $1,500 (134 Rentals)

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Clearview on the Park
Rent Specials
$1,500 - $2,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,000
Total Monthly Price
$1,500 - $2,000
Studio to 2 Bedroom Apartments Available Now

Clearview on the Park

31 Clearview HtsToronto, ON M6M 2A2
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30 Springhurst Ave
Rent Specials
$1,500 - $2,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,150
Total Monthly Price
$1,500 - $2,150
Studio to 1 Bedroom Apartments Available Now

30 Springhurst Ave

30 Springhurst AveToronto, ON M6K 1B3
Student Housing
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  • Utilities Included

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.

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260 Wellesley St E
Rent Specials
$1,450 - $2,950
Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $2,950
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

260 Wellesley St E

260 Wellesley St EToronto, ON M4X 1R2
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650 Parliament St
Rent Specials
$1,400 - $2,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $2,400
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

650 Parliament St

650 Parliament StToronto, ON M4X 1P8
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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.

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22 Oakmount
$1,400 - $2,800
Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $2,800
Total Monthly Price
$1,400 - $2,800
Studio to 2 Bedroom Apartments Available Now

22 Oakmount

22 Oakmount RdToronto, ON M6P 2M7
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property at 2938 Danforth Ave

$1,499 - $1,599

Studio To 1 Bedroom Rentals

Available Now

2938 Danforth Ave

TorontoONM4C 1M5
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Wellesley Parliament Square
$1,450 - $2,400Studio to 3 Bedroom Apartments

Wellesley Parliament Square

240 Wellesley St EToronto, ON M4X 1R2
  • Utilities Included
property at 2527 Lake Shore Blvd W

$1,450 - $2,495

Studio To 2 Bedroom Rentals

Available Now

Mimico Estates

2527 Lake Shore Blvd W
TorontoONM8V 1E6
property at 58 Morningview Trl

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

1 Bedroom, 1 Bath Home for Rent

Available Now

58 Morningview Trl

TorontoONM1B 5A8
property at 27 Atlee Ave

$1,395 - $1,995

1 To 2 Bedroom Rentals

Available Now

27 Atlee Ave

TorontoONM1N 3W9
property at 10 Maxim Cres

$1,370

Total Monthly Price

Total Monthly Price

Base Rent
$1,370
Total Monthly Price
$1,370

1 Bedroom, 1 Bath Home for Rent

Available Now

10 Maxim Cres

TorontoONM1P 1Y2
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Jameson Apartments
$1,350 - $2,245Studio to 2 Bedroom Apartments

Jameson Apartments

166 Jameson AveToronto, ON M6K 2Z1
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26 Gulliver Road
$1,350 - $2,500Studio to 2 Bedroom Apartments

26 Gulliver Road

26 Gulliver RdToronto, ON M6M 2N2
Student Housing
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Showing Results 1-50, Page 1 of 3

Toronto, ON Local Guide

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.

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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.

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Toronto, ON Area Reviews

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Dee • 4+ years in Toronto

February 25, 2025

30 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 4,891 Studio Apartments in Toronto with rent ranges from $1,045 to $8,548 with an average price of $1,929.

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 $15,526 with an average monthly rent of $2,408.

What does renting a Two Bedroom Apartment in Toronto cost?

The monthly rent prices of Two Bedroom Apartments currently available in Toronto range from $900 to $19,312. Today's average rental price for Two Bedrooms here is $3,174.

How expensive are Toronto Three Bedroom Apartments?

There are currently 2,428 Three Bedroom Apartments listings available in Toronto on ApartmentHomeLiving.com. The pricing ranges from $1,569 to $24,635 - averaging $4,170 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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.