Cheap Apartments for Rent in the Caledonia Fairbank Neighborhood of Toronto, ON from $1,500 (10 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Caledonia Fairbank area of Toronto.

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2040 Eglinton Ave W
$1,750 - $2,099Studio to 2 Bedroom Apartments

2040 Eglinton Ave W

2040 Eglinton Ave WToronto, ON M6E 2K5
  • Utilities Included
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Northcliffe Heights
$1,669Studio to 2 Bedroom Apartments

Northcliffe Heights

620 Northcliffe BlvdToronto, ON M6E 3M1

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682 Northcliffe Blvd
Studio to 2 Bedroom Apartments

682 Northcliffe Blvd

682 Northcliffe BlvdToronto, ON M6E 3M5
  • Utilities Included
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640 Lauder Ave
Studio to 2 Bedroom Apartments

640 Lauder Ave

640 Lauder AveToronto, ON M6E 3K1
  • Utilities Included

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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.

Cheapest Available Caledonia Fairbank Apartments for Rent

 

The cheapest available apartment rental in the Caledonia Fairbank area of Toronto, ON is a Studio unit found at Gertrude Suites priced from $1,549. 633 Northcliffe Boulevard has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,628. Here are the most affordable Caledonia Fairbank apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
Gertrude SuitesStudioStudio,1BA$1,549
633 Northcliffe Boulevard1 Bed, 1 Bath1BR,1BA$1,628
Dufferin Heights0 Bedroom(s) and 1 Bathroom(s)Studio,1BA$1,649

Best Value Apartments for Rent in Caledonia Fairbank, ON

As of January 21, 2026 the best value apartment in the Caledonia Fairbank area is the $2.72 price per square foot 1 Bed, 1 Bath Model at 633 Northcliffe Boulevard in the in the Briar Hill Belgravia neighborhood starting from $1,628. The second greatest value Caledonia Fairbank apartment is the Studio Unit - Terrace Model at The Fairbank starting at $2,099 with a $4.44 price per square foot in the Briar Hill Belgravia neighborhood. Here is today’s list of the best values for Caledonia Fairbank apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
633 Northcliffe Boulevard1 Bed, 1 Bath1BR,1BA$2.72
The FairbankStudio Unit - TerraceStudio ,1BA$4.44
Dufferin Heights0 Bedroom(s) and 1 Bathroom(s)Studio ,1BA$3.96
2040 Eglinton Ave WStudioStudio ,1BA$4.25
Gertrude SuitesStudioStudio ,1BA$3.87

Frequently Asked Questions about Cheap Caledonia Fairbank Apartments

What is the price of a cheap apartment in Caledonia Fairbank?

The cheapest apartment in Caledonia Fairbank is 633 Northcliffe Boulevard which is listed at $1,628, while the average apartment in Caledonia Fairbank costs $3,699.

What types of apartments are the cheapest in Caledonia Fairbank?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Caledonia Fairbank that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!