Cheap Homes for Rent in Bay Street Corridor Neighborhood of Toronto, ON from C$1,100 (107 Rentals)

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

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.

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.

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.

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 WELLESLEY APARTMENTS priced from C$1,500. The Maples has the second lowest priced unit, which is a Studio apartment currently listed from C$1,599. Here are the most affordable Bay Street Corridor apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
WELLESLEY APARTMENTSStudio, 1 BathroomStudio,1BAC$1,500
The MaplesBachelorStudio,1BAC$1,599
JARVIS COURT APARTMENTSBachelorStudio,1BAC$1,600
Alexandra0 Bedroom(s) and 1 Bathroom(s)Studio,1BAC$1,669
Wellesley Apartments0 Beds, 1 BathsStudio,1BAC$1,695
550 Jarvis StBachelor ApartmentStudio,1BAC$1,699
608 Church StreetBACHELORStudio,1BAC$1,745
Westbury Manor1 Bedroom1BR,1BAC$1,800
48 Isabella St Apartments0 Beds, 1 BathsStudio,1BAC$1,800
135 Earl Pl1 Bedroom1BR,1BAC$1,800

Best Value Apartments for Rent in Bay Street Corridor, ON

As of June 02, 2025 the best value apartment in the Bay Street Corridor area is the C$3.78 price per square foot One Bedroom Model at The Colonnade in the in the Bay Street Corridor neighborhood starting from C$3,099. The second greatest value Bay Street Corridor apartment is the Two Bedroom Model at Mid-Town Apartments starting at C$2,579 with a C$3.19 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 ColonnadeOne Bedroom1BR,1BAC$3.78
Mid-Town ApartmentsTwo Bedroom2BR,1BAC$3.19
25 St. Mary Street1 bedroom1BR,1BAC$2.85
66 Isabella StTwo Bedroom2BR,1BAC$4.04
The Village1 Bedroom(s) and 1 Bathroom(s)1BR,1BAC$3.53
135 Isabella St1 bedroom large1BR,1BAC$3.02
The MaplesTwo Bedroom2BR,1BAC$4.00
The Lincoln1 Bedroom(s) and 1 Bathroom(s)1BR,1BAC$3.66
Carlton Court ApartmentsJunior One Bedroom1BR,1BAC$4.00
Westbury Manor1 Bedroom1BR,1BAC$3.60

Frequently Asked Questions about Bay Street Corridor

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

There are currently 362 Apartments for Rent in Bay Street Corridor, ON with pricing that ranges from C$1,599 to C$11,590. There are also 414 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bay Street Corridor ranging from C$1,100 to C$13,500.

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 C$1,100 to C$13,500 with an average monthly rent of C$3,807.

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 The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.