Apartments for Rent in Toronto, ON Under $1,500 (109 Rentals)

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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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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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Clearview on the Park
Rent Specials
$1,246 - $2,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,246 - $2,395
Total Monthly Price
$1,246 - $2,395
Studio to 2 Bedroom Apartments Available Now

Clearview on the Park

31 Clearview HtsToronto, ON M6M 2A2
Student Housing
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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
  • Utilities Included
property at 50 Old Yonge St

$1,500 - $3,000

Studio To 2 Bedroom Rentals

Available Now

50 Old Yonge St

TorontoONM2P 1P7
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Bay Mills Place
$1,499 - $2,649Studio to 3 Bedroom Apartments

Bay Mills Place

375 Bay Mills BlvdToronto, ON M1T 2G6
  • 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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property at 148 Islington Ave

$1,495 - $1,790

Studio To 2 Bedroom Rentals

Available Now

148 Islington Ave

TorontoONM8V 3B6
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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Cassandra Towers
$1,399 - $2,799Studio to 4 Bedroom Apartments

Cassandra Towers

265-275 Cassandra BlvdToronto, ON M3A 1V4
  • Utilities Included
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Carrying Place Vista
$1,387 - $1,8981 to 2 Bedroom Apartments

Carrying Place Vista

2346 Weston RdToronto, ON M9N
Senior Living
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Jameson Apartments
$1,350 - $2,245Studio to 2 Bedroom Apartments

Jameson Apartments

166 Jameson AveToronto, ON M6K 2Z1
  • Utilities Included
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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
  • Utilities Included
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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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The Quad at York Phase 2
$1,295 - $1,8751 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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2597 Keele St
$1,200 - $1,7501 to 2 Bedroom Apartments

2597 Keele St

2597 Keele StToronto, ON M6L 2P2
  • Utilities Included
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The Green Apartments
$1,199 - $2,075Studio to 3 Bedroom Apartments

The Green Apartments

200 Woolner AveToronto, ON M6N 4B4
  • Utilities Included
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Vila Gaspar
$1,074 - $1,7951 to 4 Bedroom Apartments

Vila Gaspar

33 Gabian WayToronto, ON M6M 5H1
  • Utilities Included
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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
  • Utilities Included
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2903 St Clair Ave E
$1,500 - $1,849Studio to 1 Bedroom Apartments

2903 St Clair Ave E

2903 St Clair Ave EToronto, ON M4B 1N5
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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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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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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 4,908 Studio Apartments in Toronto with rent ranges from $1,045 to $2,800 with an average price of $1,911.

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 $800 to $5,000 with an average monthly rent of $2,305.

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 $7,295. Today's average rental price for Two Bedrooms here is $3,041.

How expensive are Toronto Three Bedroom Apartments?

There are currently 2,411 Three Bedroom Apartments listings available in Toronto on ApartmentHomeLiving.com. The pricing ranges from $1,509 to $10,995 - averaging $3,898 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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.