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

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Apartments in Toronto with the best features, newest construction, and richest amenities.

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High Park Village
Rent Specials
$1,854 - $2,968
Total Monthly Price

Total Monthly Price

Base Rent
$1,854 - $2,968
Total Monthly Price
$1,854 - $2,968
Studio to 2 Bedroom Apartments Available Now

High Park Village

111 Pacific AveToronto, ON M6P 2P2
Affordability
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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.

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30 Springhurst Ave
Rent Specials
$1,500 - $2,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,150
Total Monthly Price
$1,500 - $2,150
Studio to 1 Bedroom Apartments Available Now

30 Springhurst Ave

30 Springhurst AveToronto, ON M6K 1B3
Student Housing
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  • Utilities Included
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Ava Manor
Rent Specials
$1,499 - $3,457
Total Monthly Price

Total Monthly Price

Base Rent
$1,499 - $3,457
Total Monthly Price
$1,499 - $3,457
Studio to 3 Bedroom Apartments Available Now

Ava Manor

1862 Bathurst StToronto, ON M5P 3K8
Student Housing
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  • Utilities Included
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Carolyn Court
$1,899Studio to 3 Bedroom Apartments

Carolyn Court

980 Lawrence Ave EToronto, ON M3C 1R2
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The Quay - Tower III
Rent Specials
$1,857 - $3,677
Total Monthly Price

Total Monthly Price

Base Rent
$1,857 - $3,677
Total Monthly Price
$1,857 - $3,677
Studio to 3 Bedroom Apartments Available Now

The Quay - Tower III

370 Queens Quay WToronto, ON M5V 3J3
Student Housing
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  • Utilities Included
  • 3D Tour

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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Avant | Student Living
$1,649 - $2,899Studio to 3 Bedroom Apartments

Avant | Student Living

50 Gerrard St EToronto, ON M5B 1J6
Student Housing
  • Utilities Included
  • Smoke Free
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56 Thorncliffe Park Dr
$1,550 - $2,565Studio to 3 Bedroom Apartments

56 Thorncliffe Park Dr

56 Thorncliffe Park DrToronto, ON M4H 1K6
Renter Rating
  • Utilities Included
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Upper Canada Drive
$1,995 - $2,7551 to 4 Bedroom Apartments

Upper Canada Drive

199 Upper Canada DrToronto, ON M2P 1T2
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Richgrove Village
$1,995 - $2,887Studio to 3 Bedroom Apartments

Richgrove Village

7-21 Richgrove DrToronto, ON M9R 2K9
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60 Callowhill
$1,979 - $2,7991 to 3 Bedroom Apartments

60 Callowhill

60 Callowhill DrToronto, ON M9R 3L6
Renter Rating
  • Utilities Included
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Ruby Heights
$1,969 - $2,509Studio to 2 Bedroom Apartments

Ruby Heights

50 Driftwood AveToronto, ON M3N 2M3
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Wilson Manor
$1,919 - $2,599Studio to 2 Bedroom Apartments

Wilson Manor

1265 Wilson AveToronto, ON M3M 3C2
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Essex House
$1,850 - $2,3001 to 3 Bedroom Apartments

Essex House

6 Milepost PlToronto, ON M4H 1C9
  • Utilities Included
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Prince Charles Terrace
$1,818 - $1,895
Total Monthly Price

Total Monthly Price

Base Rent
$1,818 - $1,895
Total Monthly Price
$1,818 - $1,895
1 to 4 Bedroom Apartments

Prince Charles Terrace

45 Gardiner RdToronto, ON M5P 3B6
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919 Dufferin
$1,799 - $3,049Studio to 2 Bedroom Apartments

919 Dufferin

919 Dufferin StToronto, ON M6H 4B2
  • Utilities Included

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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48 Isabella St Apartments
$1,599 - $1,899Studio to 2 Bedroom Apartments

48 Isabella St Apartments

48 Isabella StToronto, ON M4Y 1N3
  • Utilities Included
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Maya Mews
$1,599Studio to 1 Bedroom Apartments

Maya Mews

470 Roncesvalles AveToronto, ON M6R 2N4
  • Utilities Included
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The Rivergate
$1,749 - $2,400Studio to 2 Bedroom Apartments

The Rivergate

35 S Front StMississauga, ON L5H 2C6
  • Utilities Included
Showing Results 1-36, Page 1 of 1

Toronto, ON Local Guide

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.

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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!

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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 4,879 Studio Apartments in Toronto with rent ranges from $1,025 to $7,301 with an average price of $5,936.

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 $895 to $19,360 with an average monthly rent of $2,527.

What does renting a Two Bedroom Apartment in Toronto cost?

The monthly rent prices of Two Bedroom Apartments currently available in Toronto range from $1,350 to $22,834. Today's average rental price for Two Bedrooms here is $3,248.

How expensive are Toronto Three Bedroom Apartments?

There are currently 2,428 Three Bedroom Apartments listings available in Toronto on ApartmentHomeLiving.com. The pricing ranges from $1,569 to $17,457 - averaging $3,999 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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.