Cheap Apartments for Rent in the Bay Street Corridor Neighborhood of Toronto, ON from C$1,400 (47 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Bay Street Corridor area of Toronto.

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

property at 48 Isabella St

48 Isabella St

TorontoONM4Y 1N2
property at 100 Wellesley St E

100 Wellesley St E

TorontoONM4Y 1H5
property at 60 Gloucester St

60 Gloucester St

TorontoONM4Y 1L7

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.

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.

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WELLESLEY APARTMENTS
Studio to 2 Bedroom Apartments

WELLESLEY APARTMENTS

138-142 Wellesley St EToronto, ON M4Y 2K4
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JARVIS COURT APARTMENTS
Studio to 1 Bedroom Apartments

JARVIS COURT APARTMENTS

432 Jarvis StToronto, ON M4Y 2H3
  • Utilities Included
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44 Huntley St
1 to 2 Bedroom Apartments

44 Huntley St

44 Huntley StToronto, ON M4Y 1P2
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48 Isabella St
Studio to 2 Bedroom Apartments

48 Isabella St

48 Isabella StToronto, ON M4Y 1N3
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The Wessex
Studio to 2 Bedroom Apartments

The Wessex

88 Wellesley St EToronto, ON M4Y 1H5
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Westbury Manor
1 to 2 Bedroom Apartments

Westbury Manor

414 Jarvis StToronto, ON M4Y 2G6
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134-146 Dundas St W
1 to 2 Bedroom Apartments

134-146 Dundas St W

134-146 Dundas St WToronto, ON M5G 1C6
  • Utilities Included
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College Park
Studio to 2 Bedroom Apartments

College Park

424 Yonge StToronto, ON M5B 2H3

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Isabella Court
Studio to 1 Bedroom Apartments

Isabella Court

33 Isabella StToronto, ON M4Y 1M8
  • Utilities Included
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60 Gloucester St
Studio to 2 Bedroom Apartments

60 Gloucester St

60 Gloucester StToronto, ON M4Y 1L5
  • Utilities Included
  • Smoke Free
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Gloucester
1 Bedroom Apartments

Gloucester

83 Gloucester LnToronto, ON M4Y 1L5
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135 Earl Pl
Studio to 1 Bedroom Apartments

135 Earl Pl

135 Earl PlToronto, ON M4Y 1M4
Furnished
  • Utilities Included
  • Smoke Free
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Village Green Community
Studio to 3 Bedroom Apartments

Village Green Community

50 Alexander StToronto, ON M4Y 1B6
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Grange Tower
Studio to 3 Bedroom Apartments

Grange Tower

20 St Patrick StToronto, ON M5T 2Y4
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120 Maitland Street
Studio to 1 Bedroom Apartments

120 Maitland Street

120 Maitland StToronto, ON M4Y 1E4
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Velocity at the Square
Studio to 2 Bedroom Apartments

Velocity at the Square

252 Victoria StToronto, ON M5B 1V8
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57 Charles at Bay
Studio to 2 Bedroom Apartments

57 Charles at Bay

57 Charles St WToronto, ON M5S 2X1

Cheapest Available Bay Street Corridor Apartments for Rent

 

The cheapest available apartment rental in the Bay Street Corridor area of Toronto, ON is a Studio unit found at 608 Church Street priced from C$1,455. WELLESLEY APARTMENTS has the second lowest priced unit, which is a Studio apartment currently listed from C$1,500. Here are the most affordable Bay Street Corridor apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
608 Church StreetBACHELOR*Studio,1BAC$1,455
WELLESLEY APARTMENTSStudio, 1 BathroomStudio,1BAC$1,500
JARVIS COURT APARTMENTSBachelorStudio,1BAC$1,600
Dundonald ArmsBachelorStudio,1BAC$1,600
96 Isabella StBachelorStudio,1BAC$1,600
44 Huntley StOne bedroom1BR,1BAC$1,650
The MaplesBachelorStudio,1BAC$1,699
48 Isabella St Apartments0 Beds, 1 BathsStudio,1BAC$1,699
The WessexBachelorStudio,1BAC$1,745
College ParkBachelorStudio,1BAC$1,751

Best Value Apartments for Rent in Bay Street Corridor, ON

As of October 05, 2025 the best value apartment in the Bay Street Corridor area is the C$3.67 price per square foot 2 Bedroom 2 Bath Model at The Livmore Bay & Gerrard in the in the Bay Street Corridor neighborhood starting from C$3,409. The second greatest value Bay Street Corridor apartment is the Two Bedroom Model at Mid-Town Apartments starting at C$2,539 with a C$3.14 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Livmore Bay & Gerrard2 Bedroom 2 Bath2BR,2BAC$3.67
Mid-Town ApartmentsTwo Bedroom2BR,1BAC$3.14
College Park1 Bedroom 1 Bath1BR,1BAC$3.18
The Maitlands1 Bedroom(s) and 1 Bathroom(s)1BR,1BAC$3.04
135 Isabella St1 bedroom large1BR,1BAC$3.55
44 Huntley StOne bedroom1BR,1BAC$2.75
91 Wellesley StreetOne Bedroom + Balcony1BR,1BAC$3.17
The WessexJunior One Bedroom1BR,1BAC$3.26
66 Isabella StOne Bedroom1BR,1BAC$3.75
96 Isabella StBachelorStudio ,1BAC$3.44

Frequently Asked Questions about Cheap Bay Street Corridor Apartments

What is the Cheapest Studio apartment in Bay Street Corridor?

Currently the most affordable Cheap Studio Apartment in Bay Street Corridor is at 608 Church Street listed at C$1,455.

How much is rent for a Cheap One Bedroom Bay Street Corridor Apartment?

The lowest price for a Cheap One Bedroom Bay Street Corridor Apartment is C$1,650 at 44 Huntley St.

What is the lowest price for a Cheap Two Bedroom Bay Street Corridor Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Bay Street Corridor is starting from C$2,400 at WELLESLEY APARTMENTS.

What is the most affordable Bay Street Corridor Three Bedroom Apartment?

The best deal on a cheap Bay Street Corridor Three Bedroom Apartment rental is at Toronto House and starts from C$3,912.

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.

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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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.