Cheap Homes for Rent in Bay Street Corridor Neighborhood of Toronto, ON from $1,400 (76 Rentals)

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

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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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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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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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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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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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 44 Huntley St priced from $1,495. WELLESLEY APARTMENTS has the second lowest priced unit, which is a Studio apartment currently listed from $1,525. Here are the most affordable Bay Street Corridor apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
44 Huntley StBachelorStudio,1BA$1,495
WELLESLEY APARTMENTSStudio, 1 BathroomStudio,1BA$1,525
JARVIS COURT APARTMENTSBachelorStudio,1BA$1,525
Dundonald ArmsBachelorStudio,1BA$1,600
96 Isabella The Arms ApartmentsBachelorStudio,1BA$1,600
48 Isabella St Apartments0 Beds, 1 BathsStudio,1BA$1,625
The MaplesBachelorStudio,1BA$1,699
608 Church StreetBACHELORStudio,1BA$1,720
The WessexBachelorStudio,1BA$1,745
College ParkBachelorStudio,1BA$1,751

Best Value Apartments for Rent in Bay Street Corridor, ON

As of October 28, 2025 the best value apartment in the Bay Street Corridor area is the $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 $3,409. The second greatest value Bay Street Corridor apartment is the Two Bedroom Model at Mid-Town Apartments starting at $2,539 with a $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,2BA$3.67
Mid-Town ApartmentsTwo Bedroom2BR,1BA$3.14
College Park1 Bedroom 1 Bath1BR,1BA$3.44
91 Wellesley StreetOne Bedroom + Balcony1BR,1BA$3.17
The WessexJunior One Bedroom1BR,1BA$3.26
66 Isabella StOne Bedroom1BR,1BA$3.75
96 Isabella The Arms ApartmentsBachelorStudio ,1BA$3.44
JARVIS COURT APARTMENTSBachelorStudio ,1BA$3.39
44 Huntley StBachelorStudio ,1BA$3.32
48 Isabella St Apartments0 Beds, 1 BathsStudio ,1BA$3.67

Frequently Asked Questions about Bay Street Corridor

What type of rentals are currently available in Bay Street Corridor?

There are currently 370 Apartments for Rent in Bay Street Corridor, ON with pricing that ranges from $1,600 to $10,908. There are also 313 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bay Street Corridor ranging from $1,450 to $14,000.

What is the current price range for Rental Homes in Bay Street Corridor?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Bay Street Corridor ranges from $1,450 to $14,000 with an average monthly rent of $4,610.

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.