
Apartments for Rent in Toronto, ON Under C$1,600 (105 Rentals)


25 St. Mary Street

710 Spadina Av

Park Lane Terrace

The Crossways

55 Brownlow Avenue

Upper Canada Court, East

260 Wellesley St E

22 Oakmount

1592 Bathurst Street
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.

Yonge Eglinton Apartments

Wellesley Parliament Square

30 Springhurst Ave

103 Spadina Rd

38 Southbourne Av
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.

148 Islington Ave

579 Lansdowne Av
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.

101-103 Spadina Rd

101 Spadina Rd

1267 King St W

Basement and Room Available – for 1 or 2 p

335 Painted Post Dr

1490 Dufferin 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 C$1600 | C$2,036 | C$800 | C$5,760 |
Toronto 1 Bedroom Apartments Under C$1600 | C$2,436 | C$450 | C$6,430 |
Toronto 2 Bedroom Apartments Under C$1600 | C$3,146 | C$1,700 | C$10,000 |
Toronto 3 Bedroom Apartments Under C$1600 | C$4,213 | C$2,400 | C$10,000 |
Toronto 4 Bedroom Apartments Under C$1600 | C$5,039 | C$1,245 | 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
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.
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 4,946 Studio Apartments in Toronto with rent ranges from C$800 to C$5,760 with an average price of C$2,036.
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$450 to C$6,430 with an average monthly rent of C$2,436.
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$1,700 to C$11,670. Today's average rental price for Two Bedrooms here is C$3,146.
How expensive are Toronto Three Bedroom Apartments?
There are currently 2,393 Three Bedroom Apartments listings available in Toronto on ApartmentHomeLiving.com. The pricing ranges from C$2,400 to C$19,000 - averaging C$4,213 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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.