New Apartments for Rent in Toronto, ON Under $2,000 (36 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article

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.

Read Article
close
View Me
Velocity at the Square
$1,900 - $5,500Built in 2017Studio to 2 Bedroom Apartments

Velocity at the Square

252 Victoria StToronto, ON M5B 1V8
Student Housing
  • Utilities Included
  • Smoke Free
close
View Me
Avant | Student Living
$1,599 - $2,899Built in 2022Studio to 3 Bedroom Apartments

Avant | Student Living

50 Gerrard St EToronto, ON M5B 1J6
Student Housing
  • Utilities Included
  • Smoke Free

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.

Read Article
close
View Me
Carrying Place Vista
$1,387 - $1,898Built in 20241 to 2 Bedroom Apartments

Carrying Place Vista

2346 Weston RdToronto, ON M9N
Senior Living
  • Smoke Free
close
View Me
The Quad at York Phase 2
$1,295 - $1,875Built in 20171 to 4 Bedroom Apartments

The Quad at York Phase 2

95 The Pond RdToronto, ON M3J 0L1
Student Housing
  • Utilities Included
close
View Me
Alto Rentals
$1,950 - $3,595Built in 2016Studio to 3 Bedroom Apartments

Alto Rentals

1544 Dundas St WToronto, ON M6K 0C2
close
View Me
555 Sherbourne St
$1,675 - $2,625Built in 2018Studio to 2 Bedroom Apartments

555 Sherbourne St

555 Sherbourne StToronto, ON M4X 1W6
  • Utilities Included
close
View Me
ORCA
$1,477 - $2,550Built in 2022Studio to 2 Bedroom Apartments

ORCA

2 Main StToronto, ON M4E 0B5
  • Utilities Included
close
View Me
Campbell Lofts
$1,450 - $2,700Built in 2016Studio to 3 Bedroom Apartments

Campbell Lofts

2870 Dundas St WToronto, ON M6P 1Y8
close
View Me
Bridgewood Suites
$1,979Built in 2016Studio to 2 Bedroom Apartments

Bridgewood Suites

1855 Bloor StMississauga, ON L4X 1T4
property at 2 Lytton Blvd

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

1 Bedroom, 1 Bath Home for Rent

Available Apr 1

2 Lytton Blvd

Richmond HillONL4B 3H2
property at 99 Golden Tulip Cres

$1,299

Total Monthly Price

Total Monthly Price

Base Rent
$1,299
Total Monthly Price
$1,299

1 Bedroom, 1 Bath Home for Rent

Available Now

99 Golden Tulip Cres

MarkhamONL6C 1W4

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.

Read Article
Showing Results 1-36, Page 1 of 1

Toronto, ON Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Toronto, ON Rentals by Map

Decorative image of map

See the most popular apartments and homes in Toronto, ON

View Map
Toronto, ON Apartments Map
View Map
Toronto, ON Rental Homes Map

Toronto, ON Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Dee • 4+ years in Toronto

February 25, 2025

30 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 $3,126.

What is the largest New Toronto Apartment for rent?

Today's New apartment with the most square footage in Toronto is a 2,552 square feet unit starting from $2,375 at Novus.

What is the average size for Toronto New Apartments for rent?

The average size for a New rental in Toronto is currently at 512 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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

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

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.