Cheap Homes for Rent in Bay Street Corridor Neighborhood of Toronto, ON from C$1,500 (107 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-50, Page 1 of 3

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. JARVIS COURT APARTMENTS has the second lowest priced unit, which is a Studio apartment currently listed from C$1,550. 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
JARVIS COURT APARTMENTSBachelorStudio,1BAC$1,550
Dundonald ArmsBachelorStudio,1BAC$1,550
Mid-Town ApartmentsBachelorStudio,1BAC$1,649
96 Isabella StBachelorStudio,1BAC$1,650
The MaplesBachelorStudio,1BAC$1,699
608 Church StreetBACHELORStudio,1BAC$1,735
Wellesley Apartments0 Beds, 1 BathsStudio,1BAC$1,750
48 Isabella St Apartments0 Beds, 1 BathsStudio,1BAC$1,750
550 Jarvis StBachelor ApartmentStudio,1BAC$1,799

Best Value Apartments for Rent in Bay Street Corridor, ON

As of July 25, 2025 the best value apartment in the Bay Street Corridor area is the C$2.44 price per square foot 2 bedroom Model at 25 St. Mary Street in the in the Bay Street Corridor neighborhood starting from C$2,500. The second greatest value Bay Street Corridor apartment is the 2 Bedroom 2 Bath Model at Motion starting at C$3,795 with a C$3.83 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.
25 St. Mary Street2 bedroom2BR,1BAC$2.44
Motion2 Bedroom 2 Bath2BR,2BAC$3.83
66 Isabella StTwo Bedroom2BR,1BAC$4.04
91 Wellesley Street1 Bed, 1 bath1BR,1BAC$2.99
135 Isabella St1 bedroom large1BR,1BAC$3.15
The Village1 Bedroom(s) and 1 Bathroom(s)1BR,1BAC$3.11
48 Isabella St Apartments0 Beds, 1 BathsStudio ,1BAC$3.54
96 Isabella StBachelorStudio ,1BAC$3.55
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 357 Apartments for Rent in Bay Street Corridor, ON with pricing that ranges from C$1,550 to C$9,490. There are also 350 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bay Street Corridor ranging from C$1,550 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$1,550 to C$13,500 with an average monthly rent of C$3,839.

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 Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.