
Cheap 1 Bedroom Apartments for Rent in the Bay Street Corridor Neighborhood of Toronto, ON from $1,425 (179 Rentals)


96 Isabella The Arms Apartments

135 Isabella St

Wellesley Apartments

135 Earl Pl

Total Monthly Price
100 Alexander Street

25 St. Mary Street

Mid-Town Apartments

48 Isabella St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Village Green

66 Isabella St

10 Huntley St

The Lincoln

The Maples

College Park

31 Phipps Street

Carlton Court Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Beverley Manor

230 Simcoe St

230 Simcoe St

28 Wellesley St E

28 Wellesley St E

Gloucester

101 Charles St E

JARVIS COURT APARTMENTS

WELLESLEY APARTMENTS

330 Richmond St W
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.

Westbury Manor

134-146 Dundas St W

330 Richmond St W

57 St Joseph St

57 St Joseph St

596 Church St

596 Church St

592-596 Church St & 67-71 Gloucester St

135 Earl Pl

955 Bay St.
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.

955 Bay St.

91 Wellesley Street

120 Maitland Street

Village Green Community

415 Jarvis St

10 Huntley St

10 Huntley St

40 Gerrard Street East Apartments

The Village

501 Yonge St
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.
Bay Street Corridor, Toronto, ON Local Guide
How much does it cost to rent an apartment in Bay Street Corridor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bay Street Corridor Studio Apartments | $2,241 | $1,599 | $6,895 |
Bay Street Corridor 1 Bedroom Apartments | $3,153 | $1,425 | $9,856 |
| Bay Street Corridor 2 Bedroom Apartments | $4,306 | $2,300 | $8,313 |
| Bay Street Corridor 3 Bedroom Apartments | $7,732 | $3,199 | $10,000+ |
| Bay Street Corridor 4 Bedroom Apartments | $10,419 | $5,600 | $10,000+ |
Explore Toronto
Frequently Asked Questions about Cheap Bay Street Corridor Apartments
What is a cheap apartment in Bay Street Corridor?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Bay Street Corridor is under $1,699.
What is the price of a cheap apartment in Bay Street Corridor?
The cheapest apartment in Bay Street Corridor is Dundonald Arms which is listed at $1,495, while the average apartment in Bay Street Corridor costs $26,515.
What types of apartments are the cheapest in Bay Street Corridor?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 78 regular apartments in Bay Street Corridor that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Bay Street Corridor?
Cheap apartments in Bay Street Corridor have an average cost of $1,524 which is $24,991 cheaper than the average rent for all rentals in Bay Street Corridor.
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

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.

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.

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.

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.


