
New Apartments for Rent in Toronto, ON Under $2,000 (41 Rentals)


Total Monthly Price
561 Sherbourne

Bloom

The 203 Residences

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3030 Pharmacy Avenue

Daniels Keelesdale

eCentral

West22
First Apartment Regrets: Real Renters Share What They'd Do Differently
Your first apartment comes with a learning curve nobody warns you about. Hear from real renters who've been there and get the advice they wish someone had given them on day one.

Total Monthly Price
Emery Crossing

Primo Tower

66 Isabella St

Story of Midtown

Parkside Square

Total Monthly Price
Halsa

The Campbell

5249 Dundas Street W
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.

The Livmore High Park

Tippett Park

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Bela Square

Liberty House

Total Monthly Price
Cliffside Apartments

555 Sherbourne St

Station House on Bloor

Total Monthly Price
Campus Gate Residence's
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.

The Els - Student Living

The Whitney on Redpath

Total Monthly Price
The Quay - Tower III

49 Hook Av

Avant | Student Living

The Quad at York Phase 2

Alto Rentals

ORCA
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Highland Commons

Total Monthly Price
2Fifteen

40 Fountainhead

Campbell Lofts

Bell Tower Residences

Bridgewood Suites

Dialogue

6 Flavelle Trl
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.

2 Lytton Blvd
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 | $1,880 | $1,045 | $7,278 |
| Toronto 1 Bedroom Apartments | $2,376 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,165 | $1,450 | $10,000+ |
| Toronto 3 Bedroom Apartments | $3,940 | $1,569 | $10,000+ |
| Toronto 4 Bedroom Apartments | $4,489 | $1,119 | $8,661 |
| Toronto 5 Bedroom Apartments | $13,478 | $9,389 | $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 New Toronto Apartments
What is the Cheapest New apartment in Toronto?
Currently the most affordable New Apartment in Toronto is at Campus Gate Residence's listed at $1,395.
How much is the average rent for a New Toronto Apartment?
The average rent for a New Apartment in Toronto is $3,083.
What is the largest New Toronto Apartment for rent?
Today's New apartment with the most square footage in Toronto is a 1,875 square feet unit starting from $1,395 at Campus Gate Residence's.
What is the average size for Toronto New Apartments for rent?
The average size for a New rental in Toronto is currently at 554 sq ft.
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

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.