Apartments for Rent in Toronto, ON Under C$5,000 (1,377 Rentals) Page 4 of 28

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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 4,902 Studio Apartments in Toronto with rent ranges from C$1,045 to C$5,210 with an average price of C$2,036.

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 C$895 to C$7,040 with an average monthly rent of C$2,481.

What does renting a Two Bedroom Apartment in Toronto cost?

The monthly rent prices of Two Bedroom Apartments currently available in Toronto range from C$1,000 to C$11,995. Today's average rental price for Two Bedrooms here is C$3,134.

How expensive are Toronto Three Bedroom Apartments?

There are currently 2,403 Three Bedroom Apartments listings available in Toronto on ApartmentHomeLiving.com. The pricing ranges from C$1,459 to C$11,940 - averaging C$3,961 for the location.

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.