New Apartments for Rent in Toronto, ON Under C$5,000 (103 Rentals) Page 2 of 3

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EVOLV
Rent Specials
C$1,900 - C$3,125Built in 2021Studio to 2 Bedroom Apartments Available Now

EVOLV

25 Nicholas AveToronto, ON M5A 1X9
Student Housing
  • Verified
  • Utilities Included
  • Matterport 3D Tour
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Don Mills Retirement Residence
Built in 2023Studio to 2 Bedroom Apartments

Don Mills Retirement Residence

2 Green Belt DrToronto, ON M3C 1L8
Senior Living
  • Utilities Included
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Mirvish Village
Built in 2024Studio to 3 Bedroom Apartments

Mirvish Village

748 Bathurst StToronto, ON M5S 0C7
  • Utilities Included
  • Smoke Free
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The Postmark
Built in 20161 to 2 Bedroom Apartments

The Postmark

1075 Queen St EToronto, ON M4M 1K3
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VIA123
Built in 20171 to 4 Bedroom Apartments

VIA123

123 Parkway Forest DrToronto, ON M2J 5H4
  • Utilities Included
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Roehampton
Built in 20151 to 3 Bedroom Apartments

Roehampton

305 Roehampton AveToronto, ON M4P 0B2
  • Utilities Included
  • Smoke Free
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5249 Dundas Street W
Built in 2021Studio to 2 Bedroom Apartments

5249 Dundas Street W

5249 Dundas St WToronto, ON M9B 1A5
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Velocity at the Square
Built in 2017Studio to 2 Bedroom Apartments

Velocity at the Square

252 Victoria StToronto, ON M5B 1V8
  • Utilities Included
  • Smoke Free
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Avant | Student Living
Built in 2022Studio to 3 Bedroom Apartments

Avant | Student Living

50 Gerrard St EToronto, ON M5B 1J6
Student Housing
  • Utilities Included
  • Smoke Free
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The Quad at York Phase 2
Built in 20171 to 4 Bedroom Apartments

The Quad at York Phase 2

95 The Pond RdToronto, ON M3J 0L1
Student Housing
  • Utilities Included
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Carrying Place Vista
Built in 20241 to 2 Bedroom Apartments

Carrying Place Vista

2346 Weston RdToronto, ON M9N
Senior Living
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Mill House
Built in 20252 to 3 Bedroom Apartments

Mill House

80 Mill StToronto, ON M5A 4T3
Furnished
  • Utilities Included
  • Smoke Free
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Ledbury Park
Built in 20241 to 3 Bedroom Apartments

Ledbury Park

600 Brookdale AvToronto, ON M5M 1S4
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Parkland on Eglinton West
Built in 2019Studio to 2 Bedroom Apartments

Parkland on Eglinton West

4650 Av EglintonToronto, ON M9A 0E3
Senior Living
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664 Spadina Av
Built in 20251 to 3 Bedroom Apartments

664 Spadina Av

664 Spadina AvToronto, ON M5S 2H8
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12 Batavia Av
Built in 20242 to 5 Bedroom Apartments

12 Batavia Av

12 Batavia AvToronto, ON M6N 4A2
Furnished
  • Smoke Free
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N°55 Mercer Condos
Built in 20231 to 3 Bedroom Apartments

N°55 Mercer Condos

55 Mercer StToronto, ON M5V 9G9
Corporate Housing
  • Smoke Free
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Towns on the Ravine
Built in 20193 to 4 Bedroom Apartments

Towns on the Ravine

35-53 Valley Woods RdToronto, ON M3A 2R5
  • Smoke Free
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11 Yorkville Avenue
Built in 2024Studio to 3 Bedroom Apartments

11 Yorkville Avenue

11 Yorkville AvToronto, ON M4W 0B7
  • Smoke Free
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The Hampton - West Tower
Built in 20231 to 3 Bedroom Apartments

The Hampton - West Tower

101 Roehampton AvToronto, ON M4P 2W2
  • Smoke Free
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The Livmore Bay & Gerrard
Built in 2018Studio to 3 Bedroom Apartments

The Livmore Bay & Gerrard

55 Gerrard St WToronto, ON M5G 1Z4
  • Smoke Free
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Pivot
Built in 20201 to 2 Bedroom Apartments

Pivot

35 Greenfield AvToronto, ON M2N 0L1
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Cricket Park
Built in 20231 to 3 Bedroom Apartments

Cricket Park

7 Fairbank Av WToronto, ON M6E 3Y5
  • Utilities Included
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Beech Grove Suites
Built in 20151 to 3 Bedroom Apartments

Beech Grove Suites

106 Parkway Forest DrToronto, ON M2J 0A5
  • Utilities Included
  • Smoke Free
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The Livmore High Park
Built in 2021Studio to 3 Bedroom Apartments

The Livmore High Park

55 Quebec AveToronto, ON M6P 2T3
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Alto
Built in 2016Studio to 3 Bedroom Apartments

Alto

1544 Dundas St WToronto, ON M6K 0C2
  • Utilities Included
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ORCA
Built in 2022Studio to 2 Bedroom Apartments

ORCA

2 Main StToronto, ON M4E 0B5
  • Utilities Included
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Campbell Lofts
Built in 2016Studio to 3 Bedroom Apartments

Campbell Lofts

2870 Dundas St WToronto, ON M6P 1Y8

Toronto, ON Area Reviews

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Dee4+ 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 25 Moynes Av listed at C$1,650.

How much is the average rent for a New Toronto Apartment?

The average rent for a New Apartment in Toronto is C$3,222.

What is the largest New Toronto Apartment for rent?

Today's New apartment with the most square footage in Toronto is a 1,665 square feet unit starting from C$2,995 at 62 Dixfield Dr.

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

The average size for a New rental in Toronto is currently at 522 sq ft.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.