
Cheap Apartments for Rent in the Casa Loma Neighborhood of Toronto, ON from $1,400 (68 Rentals)
Search the lowest-cost Apartments available for rent right now in the Casa Loma area of Toronto.


Oriole Apartments

82 Warren Road

The Summit

310-312 LONSDALE RD

Total Monthly Price
Cottingham Manor

14-22 Tichester Rd

160 Balmoral Ave

585 Avenue Road

316-320 Lonsdale Road
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Casablanca

South Algiers

Total Monthly Price
250 Heath

494 Avenue Rd

70 Heath St W

494 Avenue Rd

Avenue Road-484

484 Avenue Rd

90 Heath St W

342 Avenue Rd
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.

326 Avenue Rd

330 Avenue Rd

340 Avenue Rd

1 Clarendon Ave

425 Avenue Rd

609 Avenue Rd

609 Avenue Rd

Oriole Apartments

320-342 Avenue Road

The Plains
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.

Mayfair Mansions

80 Montclair Ave

St. Edmund

464 Spadina Rd

345 Lonsdale

250 St Clair Ave. W.

587 Avenue Road

440 Avenue Rd

440 Avenue Rd

160 Balmoral Ave
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.

160 Balmoral Ave

The Montclair

377 Madison Ave

377 Madison Ave

322 Dupont St

322 Dupont St

400 Walmer Road

322 Dupont St

322 Dupont St

322-322 Dupont St
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.
Casa Loma, Toronto, ON Local Guide
How much does it cost to rent an apartment in Casa Loma?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Casa Loma Studio Apartments | $1,733 | $1,515 | $1,990 |
| Casa Loma 1 Bedroom Apartments | $2,339 | $1,829 | $4,275 |
| Casa Loma 2 Bedroom Apartments | $2,841 | $2,155 | $3,997 |
| Casa Loma 3 Bedroom Apartments | $3,796 | $2,663 | $4,600 |
Browse Apartments in this Neighborhood
There are currently 68 rentals with your search options within a 2 mile radius of the Casa Loma Neighborhood of Toronto, ON.
See all Apartments in TorontoExplore Toronto
Cheapest Available Casa Loma Apartments for Rent
 The cheapest available apartment rental in the Casa Loma area of Toronto, ON is a Studio unit found at 464 & 448 Spadina Rd priced from $1,515. Oriole Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,595. Here are the most affordable Casa Loma apartments for rent in Toronto, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 464 & 448 Spadina Rd | Bachelor | Studio,1BA | $1,515 |
| Oriole Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,595 |
| 82 Warren Road | Studio | Studio,1BA | $1,649 |
| The Summit | Bachelor | Studio,1BA | $1,650 |
| 310-312 LONSDALE RD | Studio | Studio,1BA | $1,699 |
| Cottingham Manor | Bachelor 07 and 08 | Studio,1BA | $1,700 |
| 320-342 Avenue Road | Bachelor | Studio,1BA | $1,749 |
| 585 Avenue Road | Bachelor | Studio,1BA | $1,797 |
| St. Edmund | 1 Bed, 1 bath | 1BR,1BA | $1,850 |
| Casablanca | Jr. One Bedroom | 1BR,1BA | $1,875 |
Best Value Apartments for Rent in Casa Loma, ON
As of April 29, 2026 the best value apartment in the Casa Loma area is the $3.28 price per square foot 3 Beds, 1 Baths Model at Tower Hill East in the in the Casa Loma neighborhood starting from $4,205. The second greatest value Casa Loma apartment is the 2 Bedroom 1.5 Bath Model at 250 Heath starting at $2,980 with a $2.75 price per square foot in the Casa Loma neighborhood. Here is today’s list of the best values for Casa Loma apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Tower Hill East | 3 Beds, 1 Baths | 3BR,1BA | $3.28 |
| 250 Heath | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $2.75 |
| The Thomas | 1 Beds, 1 Baths | 1BR,1BA | $3.67 |
| Avenue Road-484 | 2 Bedroom(s) and 1.5 Bathroom(s) | 2BR,1.5BA | $3.19 |
| 316-320 Lonsdale Road | 2 Bedroom | 2BR,1BA | $3.29 |
| 606 Avenue Road | 1 bedroom, balcony | 1BR,1BA | $3.12 |
| 494 Avenue Rd | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $3.45 |
| South Algiers | 1 Bed 1 Bath A | 1BR,1BA | $3.53 |
| Oriole Apartments | 0 Beds, 1 Baths | Studio ,1BA | $3.58 |
| 464 & 448 Spadina Rd | Bachelor | Studio ,1BA | $3.97 |
Frequently Asked Questions about Cheap Casa Loma Apartments
What is a cheap apartment in Casa Loma?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Casa Loma is under $1,875.
What is the price of a cheap apartment in Casa Loma?
The cheapest apartment in Casa Loma is 320-342 Avenue Road which is listed at $1,834, while the average apartment in Casa Loma costs $3,752.
What types of apartments are the cheapest in Casa Loma?
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 5 regular apartments in Casa Loma 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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.