Apartments for Rent in Toronto, ON Under $1,500 (103 Rentals)

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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.

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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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Wellesley Parliament Square
$1,500 - $2,400Studio to 3 Bedroom Apartments

Wellesley Parliament Square

240 Wellesley St EToronto, ON M4X 1R2
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Bay Mills Place
$1,499 - $2,599Studio to 3 Bedroom Apartments

Bay Mills Place

375 Bay Mills BlvdToronto, ON M1T 2G6
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Trudelle Court Apartments
$1,499 - $2,2991 to 3 Bedroom Apartments

Trudelle Court Apartments

30 Trudelle StToronto, ON M1J 1Z4
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40 Lambton Ave
$1,495 - $2,199Studio to 2 Bedroom Apartments

40 Lambton Ave

40 Lambton AveToronto, ON M6N 2S1
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Davisville Village
$1,470 - $2,785Studio to 3 Bedroom Apartments

Davisville Village

141 Davisville AveToronto, ON M4S 1G7
property at 62 Triller Ave

$1,450 - $1,950

Studio To 1 Bedroom Rentals

Available Now

62 Triller Ave

TorontoONM6R 2H8
property at 148 Islington Ave

$1,420 - $1,895

Studio To 2 Bedroom Rentals

Available Now

148 Islington Ave

TorontoONM8V 3B6

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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property at 2938 Danforth Ave

$1,400 - $1,699

Studio To 1 Bedroom Rentals

Available Now

2938 Danforth Ave

TorontoONM4C 1M5
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The Quad at York Phase 2
$1,399 - $1,8491 to 4 Bedroom Apartments

The Quad at York Phase 2

95 The Pond RdToronto, ON M3J 0L1
Student Housing
  • Utilities Included
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Cassandra Towers
$1,399 - $2,799Studio to 4 Bedroom Apartments

Cassandra Towers

265-275 Cassandra BlvdToronto, ON M3A 1V4
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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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1011 Lansdowne Ave Apartments
$1,350 - $2,500Studio to 2 Bedroom Apartments

1011 Lansdowne Ave Apartments

1011 Lansdowne AveToronto, ON M6H 4G1
Student Housing
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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
  • Utilities Included
  • Smoke Free
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Carrying Place Vista
$1,313 - $1,8391 to 2 Bedroom Apartments

Carrying Place Vista

2346 Weston RdToronto, ON M9N
Senior Living
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2597 Keele St
$1,200 - $1,7501 to 2 Bedroom Apartments

2597 Keele St

2597 Keele StToronto, ON M6L 2P2
  • Utilities Included

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.

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Vila Gaspar
$1,074 - $1,7951 to 4 Bedroom Apartments

Vila Gaspar

33 Gabian WayToronto, ON M6M 5H1
  • Utilities Included
property at 50 Laurel Ave

$1,025 - $1,450

1 To 2 Bedroom Rentals

Available Now

50 Laurel Ave

TorontoONM1K 3J5
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St David's Village
$775 - $900Studio to 1 Bedroom Apartments

St David's Village

1290 Danforth RdToronto, ON M1J 3L9
Senior Living
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WELLESLEY APARTMENTS
$1,500 - $2,250Studio to 2 Bedroom Apartments

WELLESLEY APARTMENTS

138-142 Wellesley St EToronto, ON M4Y 2K4
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Coehill
$1,500 - $2,100Studio to 2 Bedroom Apartments

Coehill

99 Coe Hill DrToronto, ON M6S 3E4
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1002 Lawrence Ave East
$1,500 - $2,400Studio to 1 Bedroom Apartments

1002 Lawrence Ave East

1002 Lawrence Ave EToronto, ON M3C 1R4
  • Utilities Included
  • Smoke Free
Showing Results 1-50, Page 1 of 3

Toronto, ON Local Guide

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Toronto, ON Rentals by Map

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See the most popular apartments and homes in Toronto, ON

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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 4,905 Studio Apartments in Toronto with rent ranges from $1,045 to $44,129 with an average price of $2,127.

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 $450 to $13,232 with an average monthly rent of $2,421.

What does renting a Two Bedroom Apartment in Toronto cost?

The monthly rent prices of Two Bedroom Apartments currently available in Toronto range from $1,559 to $15,525. Today's average rental price for Two Bedrooms here is $3,098.

How expensive are Toronto Three Bedroom Apartments?

There are currently 2,422 Three Bedroom Apartments listings available in Toronto on ApartmentHomeLiving.com. The pricing ranges from $1,180 to $11,940 - averaging $3,832 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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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.