
Cheap Apartments for Rent in the Bay Street Corridor Neighborhood of Toronto, ON from C$1,400 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in the Bay Street Corridor area of Toronto.


96 Isabella St

Dundonald Arms

Village Green

Mid-Town Apartments

Alexandra

The Maples

25 St. Mary Street
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.

48 Isabella St

Wellesley Apartments

100 Wellesley St E

550 Jarvis St

60 Gloucester St

135 Earl Pl

91 Wellesley Street

66 Isabella St

10 Huntley St

Toronto House
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.

The Village

The Maitlands

Carlton Court Apartments

The Lincoln

135 Isabella St

The Britt

224 Richmond St W
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The Bay Club
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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.
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 | C$2,118 | C$1,455 | C$4,329 |
Bay Street Corridor 1 Bedroom Apartments | C$2,995 | C$1,695 | C$7,627 |
Bay Street Corridor 2 Bedroom Apartments | C$3,949 | C$2,539 | C$7,174 |
Bay Street Corridor 3 Bedroom Apartments | C$6,112 | C$3,912 | C$10,000 |
Browse Apartments in this Neighborhood
There are currently 47 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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
608 Church Street | BACHELOR* | Studio,1BA | C$1,455 |
WELLESLEY APARTMENTS | Studio, 1 Bathroom | Studio,1BA | C$1,500 |
JARVIS COURT APARTMENTS | Bachelor | Studio,1BA | C$1,600 |
Dundonald Arms | Bachelor | Studio,1BA | C$1,600 |
96 Isabella St | Bachelor | Studio,1BA | C$1,600 |
44 Huntley St | One bedroom | 1BR,1BA | C$1,650 |
The Maples | Bachelor | Studio,1BA | C$1,699 |
48 Isabella St Apartments | 0 Beds, 1 Baths | Studio,1BA | C$1,699 |
The Wessex | Bachelor | Studio,1BA | C$1,745 |
College Park | Bachelor | Studio,1BA | C$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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Livmore Bay & Gerrard | 2 Bedroom 2 Bath | 2BR,2BA | C$3.67 |
Mid-Town Apartments | Two Bedroom | 2BR,1BA | C$3.14 |
College Park | 1 Bedroom 1 Bath | 1BR,1BA | C$3.18 |
The Maitlands | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | C$3.04 |
135 Isabella St | 1 bedroom large | 1BR,1BA | C$3.55 |
44 Huntley St | One bedroom | 1BR,1BA | C$2.75 |
91 Wellesley Street | One Bedroom + Balcony | 1BR,1BA | C$3.17 |
The Wessex | Junior One Bedroom | 1BR,1BA | C$3.26 |
66 Isabella St | One Bedroom | 1BR,1BA | C$3.75 |
96 Isabella St | Bachelor | Studio ,1BA | C$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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.

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.