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$1,300 - $2,990Studio to 2 Bedroom Apartments Available Now
Wellesley Apartments
100 Wellesley St EToronto, ON M4Y 1H5
Cheap Apartments for Rent in the Bay Street Corridor Neighborhood of Toronto, ON from $1,300 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in the Bay Street Corridor area of Toronto.
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$1,400 - $1,695Studio to 1 Bedroom Apartments Available Now
Dundonald Arms
49 Dundonald StToronto, ON M4Y 1K3
432 Jarvis St
TorontoONM4Y 2H3
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$1,599 - $1,849Studio to 1 Bedroom Apartments Available Now
550 Jarvis St
550 Jarvis StToronto, ON M4Y 2H9
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$1,600 - $1,695Studio to 1 Bedroom Apartments Available Now
96 Isabella The Arms Apartments
96 Isabella StToronto, ON M4Y 1N9
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$1,601 - $1,800Studio Apartments Available Now
608 Church Street
608 Church StToronto, ON M4Y 1L5
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$1,649 - $2,539Studio to 2 Bedroom Apartments Available Now
Mid-Town Apartments
137 Isabella StToronto, ON M4Y 1P2
100 Wellesley St E
TorontoONM4Y 1H5
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$1,699 - $2,549Studio to 2 Bedroom Apartments Available Now
The Maples
20 Carlton Street, 25 Wood StToronto, ON M4Y 2P9
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.
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$1,721 - $3,296Studio to 2 Bedroom Apartments Available Now
College Park
424 Yonge StToronto, ON M5B 2H3
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$1,747 - $2,597Studio to 2 Bedroom Apartments Available Now
25 St. Mary Street
25 St Mary StToronto, ON M5S 2W9
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$1,779 - $3,089Studio to 2 Bedroom Apartments Available Now
The Lincoln
85 Wellesley St EToronto, ON M4Y 1H8
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$1,785 - $2,880Studio to 2 Bedroom Apartments Available Now
Village Green
40 Alexander StToronto, ON M4Y 1B5
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$1,799 - $2,149
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Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$1,799 - $2,149
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$1,799 - $2,149
100 Alexander Street
100 Alexander StToronto, ON M4Y 1B7
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$1,799 - $2,9991 to 2 Bedroom Apartments Available Now
592-596 Church St & 67-71 Gloucester St
592-596 Church StToronto, ON M4Y 2E5
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$1,899 - $2,099Studio to 1 Bedroom Apartments Available Now
135 Isabella St
135 Isabella StToronto, ON M4Y 1P4
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$1,904 - $4,7151 to 3 Bedroom Apartments Available Now
IMMIX
7 Grosvenor StToronto, ON M4Y 0E2
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$1,949 - $3,1991 to 3 Bedroom Apartments Available Now
66 Isabella St
66 Isabella StToronto, ON M4Y 1N3
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.
10 Huntley St
TorontoONM4Y 2K7
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$1,999 - $4,695Studio to 3 Bedroom Apartments Available Now
Toronto House
225 Adelaide St WToronto, ON M5H 0A7
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$2,049 - $3,269Studio to 2 Bedroom Apartments Available Now
1101 Bay
1101 Bay StToronto, ON M5S 3L9
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$2,100 - $4,650
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$2,100 - $4,650
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$2,100 - $4,650
The Britt
31 Phipps StToronto, ON M4Y 0E5
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$2,195 - $4,9951 to 3 Bedroom Apartments Available Now
Gerrard West
99 Gerrard St WToronto, ON M5G 2B5
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$2,229 - $2,7191 to 2 Bedroom Apartments Available Now
Alexandra
41 Dundonald StToronto, ON M4Y 1K2
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$2,260 - $3,3001 to 2 Bedroom Apartments Available Now
Carlton Court Apartments
33 Wood StToronto, ON M4Y 2P8
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$2,299 - $3,775Studio to 2 Bedroom Apartments Available Now
The Bay Club
925 Bay StToronto, ON M5S 3L4
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$1,450 - $1,5001 Bedroom Apartments
Gloucester
83 Gloucester LnToronto, ON M4Y 1L5
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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$1,495 - $1,645Studio to 2 Bedroom Apartments
44 Huntley St
44 Huntley StToronto, ON M4Y 1P2
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$1,500 - $2,250Studio to 2 Bedroom Apartments
WELLESLEY APARTMENTS
138-142 Wellesley St EToronto, ON M4Y 2K4
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$1,525 - $1,725Studio to 1 Bedroom Apartments
JARVIS COURT APARTMENTS
432 Jarvis StToronto, ON M4Y 2H3
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$1,650 - $2,100Studio to 2 Bedroom Apartments
48 Isabella St Apartments
48 Isabella StToronto, ON M4Y 1N3
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$1,750 - $2,2501 to 2 Bedroom Apartments
Westbury Manor
414 Jarvis StToronto, ON M4Y 2G6
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$1,750 - $2,4951 to 2 Bedroom Apartments
134-146 Dundas St W
134-146 Dundas St WToronto, ON M5G 1C6
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$1,795 - $2,150Studio to 1 Bedroom Apartments
Isabella Court
33 Isabella StToronto, ON M4Y 1M8
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$1,800 - $3,500Studio to 3 Bedroom Apartments
Village Green Community
50 Alexander StToronto, ON M4Y 1B6
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$1,800 - $3,250Studio to 3 Bedroom Apartments
Village Green Community - 55
55 Maitland StToronto, ON M4Y 1C9
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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$1,800 - $2,500Studio to 1 Bedroom Apartments
135 Earl Pl
135 Earl PlToronto, ON M4Y 1M4
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$1,849 - $1,999Studio to 1 Bedroom Apartments
40 Gerrard Street East Apartments
40 Gerrard St EToronto, ON M5B 1G3
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$1,850 - $3,700Studio to 3 Bedroom Apartments
Grange Tower
20 St Patrick StToronto, ON M5T 2Y4
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$1,850Studio to 2 Bedroom Apartments
Bloor Yonge Tower
60 Gloucester StToronto, ON M4Y 1L5
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$1,899Studio to 2 Bedroom Apartments
91 Wellesley Street
91 Wellesley St EToronto, ON M4Y 1H9
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$1,900Studio to 1 Bedroom Apartments
120 Maitland Street
120 Maitland StToronto, ON M4Y 1E4
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$1,900 - $5,500Studio to 2 Bedroom Apartments
Velocity at the Square
252 Victoria StToronto, ON M5B 1V8
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$2,0001 to 2 Bedroom Apartments
The Village
100 Maitland StToronto, ON M4Y 1E3
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$2,059Studio to 2 Bedroom Apartments
The Maitlands
36-42 Maitland StToronto, ON M4Y 1C5
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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$2,095 - $2,9501 to 2 Bedroom Apartments
University Apartments - 8 St. Thomas
8 St Thomas StToronto, ON M5S 3E7
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$2,130 - $3,470Studio to 2 Bedroom Apartments
57 Charles at Bay
57 Charles St WToronto, ON M5S 2X1
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$2,166 - $5,194Studio to 3 Bedroom Apartments
The Livmore Bay & Gerrard
55 Gerrard St WToronto, ON M5G 1Z4
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$2,295 - $4,9951 to 3 Bedroom Apartments
Gerrard West
77 Gerrard StToronto, ON M5G 2B5
Showing Results 1-49, Page 1 of 1
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 | $2,862 | $1,525 | $10,000+ |
| Bay Street Corridor 1 Bedroom Apartments | $3,319 | $1,300 | $10,000+ |
| Bay Street Corridor 2 Bedroom Apartments | $4,217 | $2,450 | $10,000+ |
| Bay Street Corridor 3 Bedroom Apartments | $7,158 | $3,199 | $10,000+ |
| Bay Street Corridor 4 Bedroom Apartments | $23,201 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 49 rentals with your search options within a 2 mile radius of the Bay Street Corridor Neighborhood of Toronto, ON.
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Cheapest Available Bay Street Corridor Apartments for Rent
The cheapest available apartment rental in the Bay Street Corridor area of Toronto, ON is a 1 Bed unit found at Wellesley Apartments priced from $1,300. Dundonald Arms has the second lowest priced unit, which is a Studio apartment currently listed from $1,400. Here are the most affordable Bay Street Corridor apartments for rent in Toronto, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wellesley Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,300 |
| Dundonald Arms | Bachelor | Studio,1BA | $1,400 |
| 550 Jarvis St | Bachelor Apartment | Studio,1BA | $1,599 |
| 96 Isabella The Arms Apartments | Bachelor | Studio,1BA | $1,600 |
| 608 Church Street | Bachelor* | Studio,1BA | $1,601 |
| Mid-Town Apartments | Bachelor | Studio,1BA | $1,649 |
| 48 Isabella St Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,650 |
| The Maples | Bachelor | Studio,1BA | $1,699 |
| College Park | Bachelor | Studio,1BA | $1,721 |
| 25 St. Mary Street | Bachelor | Studio,1BA | $1,747 |
Best Value Apartments for Rent in Bay Street Corridor, ON
As of March 01, 2026 the best value apartment in the Bay Street Corridor area is the $3.94 price per square foot 1 Bedroom Model at The Colonnade in the in the Bay Street Corridor neighborhood starting from $3,215. The second greatest value Bay Street Corridor apartment is the Two Bedroom Model at University Apartments - 8 St. Thomas starting at $2,750 with a $3.43 price per square foot in the Bay Street Corridor neighborhood. Here is today’s list of the best values for Bay Street Corridor apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Colonnade | 1 Bedroom | 1BR,1BA | $3.94 |
| University Apartments - 8 St. Thomas | Two Bedroom | 2BR,1BA | $3.43 |
| Carlton Court Apartments | Junior One Bedroom | 1BR,1BA | $3.48 |
| College Park | Bachelor | Studio ,1BA | $2.81 |
| Alexandra | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $4.17 |
| 66 Isabella St | One Bedroom | 1BR,1BA | $3.75 |
| Dundonald Arms | Bachelor | Studio ,1BA | $2.80 |
| 96 Isabella The Arms Apartments | Bachelor | Studio ,1BA | $3.44 |
| 48 Isabella St Apartments | 0 Beds, 1 Baths | Studio ,1BA | $3.72 |
| Mid-Town Apartments | Bachelor | Studio ,1BA | $3.80 |
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 $1,747.
What is the price of a cheap apartment in Bay Street Corridor?
The cheapest apartment in Bay Street Corridor is Wellesley Apartments which is listed at $1,300, while the average apartment in Bay Street Corridor costs $23,201.
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 73 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 $1,160 which is $22,041 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
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.