Apartments for Rent in Toronto, ON Under $2,500 (1,377 Rentals)

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1000 Mount Pleasant
$2,500Studio to 2 Bedroom Apartments Available Jun 1

1000 Mount Pleasant

1000 Mt Pleasant RdToronto, ON M4P 2M2
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Uptown Towers I & II
$2,4752 Bedroom Apartments Contact Us For Availability

Uptown Towers I & II

1751-1761 Sheppard Ave EToronto, ON M2J 0A5
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Harrison
Rent Specials
$2,425 - $3,350
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$2,425 - $3,350
Total Monthly Price
$2,425 - $3,350
1 to 2 Bedroom Apartments Available Now

Harrison

105 Harrison Garden BlvdToronto, ON M2N 0C3
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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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Litho
Rent Specials
$2,285 - $4,920
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$2,285 - $4,920
Total Monthly Price
$2,285 - $4,920
1 to 3 Bedroom Apartments Available Now

Litho

740 Dupont StToronto, ON M6G 1Z6
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2775 Apartments
Rent Specials
$2,195 - $2,295
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$2,195 - $2,295
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$2,195 - $2,295
2 Bedroom Apartments Available Now

2775 Apartments

2775 Don Mills RdToronto, ON M2J 3B5
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BEACHHILL Apartments
Rent Specials
$2,190 - $2,925
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$2,190 - $2,925
Total Monthly Price
$2,190 - $2,925
1 to 2 Bedroom Apartments Available Now

BEACHHILL Apartments

763 Woodbine AveToronto, ON M4E 2J4
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The Spoke
Rent Specials
$2,168 - $4,879
Total Monthly Price

Total Monthly Price

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$2,168 - $4,879
Total Monthly Price
$2,168 - $4,879
1 to 3 Bedroom Apartments Available Now

The Spoke

485 Perth AvToronto, ON M6N 0B9
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890 Mount Pleasant Apartments
$2,1652 Bedroom Apartments Available Jul 1

890 Mount Pleasant Apartments

890 Mt Pleasant RdToronto, ON M4P 2L4
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6 AUBURNDALE CRT
$2,161 - $2,267
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Total Monthly Price

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$2,161 - $2,267
Total Monthly Price
$2,161 - $2,267
1 Bedroom Apartments Available Now

6 AUBURNDALE CRT

6 Auburndale CtToronto, ON M9W 3V1
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Showing Results 1-50, Page 1 of 28

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 4,888 Studio Apartments in Toronto with rent ranges from $1,045 to $8,677 with an average price of $1,925.

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 $17,468 with an average monthly rent of $2,421.

What does renting a Two Bedroom Apartment in Toronto cost?

The monthly rent prices of Two Bedroom Apartments currently available in Toronto range from $900 to $17,506. Today's average rental price for Two Bedrooms here is $3,167.

How expensive are Toronto Three Bedroom Apartments?

There are currently 2,422 Three Bedroom Apartments listings available in Toronto on ApartmentHomeLiving.com. The pricing ranges from $1,569 to $24,397 - averaging $4,056 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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.