Cheap Homes for Rent in Bay Street Corridor Neighborhood of Toronto, ON from C$1,700 (72 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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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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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

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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 ListingModel NameBed/BathPriced From
608 Church StreetBACHELORStudio,1BAC$1,455
WELLESLEY APARTMENTSStudio, 1 BathroomStudio,1BAC$1,500
Dundonald ArmsBachelorStudio,1BAC$1,550
JARVIS COURT APARTMENTSBachelorStudio,1BAC$1,600
Mid-Town ApartmentsBachelorStudio,1BAC$1,649
96 Isabella StBachelorStudio,1BAC$1,650
48 Isabella St Apartments0 Beds, 1 BathsStudio,1BAC$1,700
Westbury Manor1 Bedroom1BR,1BAC$1,750
Wellesley Apartments0 Beds, 1 BathsStudio,1BAC$1,765
Village GreenSAStudio,1BAC$1,830

Best Value Apartments for Rent in Bay Street Corridor, ON

As of September 09, 2025 the best value apartment in the Bay Street Corridor area is the C$3.96 price per square foot 2 Beds, 1 Baths Model at Wellesley Apartments in the in the Bay Street Corridor neighborhood starting from C$3,010. The second greatest value Bay Street Corridor apartment is the Two Bedroom Model at 66 Isabella St starting at C$2,749 with a C$4.04 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.
Wellesley Apartments2 Beds, 1 Baths2BR,1BAC$3.96
66 Isabella StTwo Bedroom2BR,1BAC$4.04
135 Isabella St2 Bedroom2BR,1BAC$3.58
Alexandra1 Bedroom(s) and 1 Bathroom(s)1BR,1BAC$3.77
The Village1 Bedroom(s) and 1 Bathroom(s)1BR,1BAC$3.11
Westbury Manor1 Bedroom1BR,1BAC$3.50
96 Isabella StBachelorStudio ,1BAC$3.55
48 Isabella St Apartments0 Beds, 1 BathsStudio ,1BAC$3.84
Mid-Town ApartmentsBachelorStudio ,1BAC$3.80
Dundonald ArmsBachelorStudio ,1BAC$3.88

Frequently Asked Questions about Bay Street Corridor

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

There are currently 371 Apartments for Rent in Bay Street Corridor, ON with pricing that ranges from C$1,455 to C$11,053. There are also 253 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bay Street Corridor ranging from C$1,795 to C$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 C$1,795 to C$14,000 with an average monthly rent of C$5,007.

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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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.

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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.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.