
Cheap Apartments for Rent in the Casa Loma Neighborhood of Toronto, ON from $1,417 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in the Casa Loma area of Toronto.


Oriole Apartments

82 Warren Road

320-342 Avenue Road

Total Monthly Price
Cottingham Manor

464 & 448 Spadina Rd

160 Balmoral Ave

14-22 Tichester Rd

Heathmuir Tower

137 Bedford Rd
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Cloverhill Estates

585 Avenue Road

70 Heath St W

Total Monthly Price
250 Heath

330 Avenue Rd

340 Avenue Rd

342 Avenue Rd

326 Avenue Rd

425 Avenue Rd

1215 Bathurst St, Unit 3
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1215 Bathurst St, Unit 3

1 Clarendon Ave

Oriole Apartments

The Plains

Total Monthly Price
2Fifteen

Mayfair Mansions

16 Foxbar Rd, Unit 2

448 Spadina Rd

448 Spadina Rd

16 Foxbar Rd, Unit 2
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

398 Spadina Rd

398 Spadina Rd

291 Avenue Rd, Unit 507

291 Avenue Rd, Unit 507

345 Lonsdale

26-30 Tichester Rd

25 Coulson Ave, Unit 3RD FL

25 Coulson Ave, Unit 3RD FL

110 St Clair Ave W, Unit 102

501 St Clair Ave W, Unit 1109
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.

110 St Clair Ave W, Unit 102

141 Admiral Rd, Unit 101

141 Admiral Rd, Unit 101

St. Edmund

464 Spadina Rd

160 Balmoral Ave

160 Balmoral Ave

587 Avenue Road

400 Walmer Road

91 Montclair Ave, Unit 1508
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.
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 | $1,761 | $1,555 | $2,350 |
| Casa Loma 1 Bedroom Apartments | $2,095 | $1,776 | $3,000 |
| Casa Loma 2 Bedroom Apartments | $2,999 | $2,500 | $3,997 |
| Casa Loma 3 Bedroom Apartments | $3,400 | $2,650 | $4,600 |
Browse Apartments in this Neighborhood
There are currently 62 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 Oriole Apartments priced from $1,620. 82 Warren Road has the second lowest priced unit, which is a Studio apartment currently listed from $1,643. Here are the most affordable Casa Loma apartments for rent in Toronto, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oriole Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,620 |
| 82 Warren Road | Studio | Studio,1BA | $1,643 |
| 320-342 Avenue Road | Bachelor | Studio,1BA | $1,648 |
| Cottingham Manor | Bachelor 07 and 08 | Studio,1BA | $1,649 |
| 345 Lonsdale | Bachelor | Studio,1BA | $1,750 |
| 26-30 Tichester Rd | 0 Bedroom, 1 Bathroom | Studio,1BA | $1,759 |
| Heathmuir Tower | 1 Bedroom - 06 | 1BR,1BA | $1,799 |
| 587 Avenue Road | one bedroom one bathroom unit 5 | 1BR,1BA | $1,897 |
| 400 Walmer Road | Bachelor 1 Bath | Studio,1BA | $1,900 |
| 14-22 Tichester Rd | 1 Bedroom | 1BR,1BA | $1,959 |
Best Value Apartments for Rent in Casa Loma, ON
As of September 12, 2026 the best value apartment in the Casa Loma area is the $3.03 price per square foot 3 Bed/ 2 Bath Model at 314 Lonsdale Rd in the in the Casa Loma neighborhood starting from $5,450. The second greatest value Casa Loma apartment is the 2 Bedroom(s) and 1.5 Bathroom(s) Model at Avenue Road-484 starting at $2,800 with a $3.19 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. |
|---|---|---|---|
| 314 Lonsdale Rd | 3 Bed/ 2 Bath | 3BR,2BA | $3.03 |
| Avenue Road-484 | 2 Bedroom(s) and 1.5 Bathroom(s) | 2BR,1.5BA | $3.19 |
| 425 Avenue Rd | 2 bedroom | 2BR,1BA | $3.16 |
| 80 Montclair Ave | 2 Bedroom | 2BR,1BA | $2.94 |
| 300 St. Clair West | 1 Bed 1 Bath B | 1BR,1BA | $3.03 |
| 585 Avenue Road | One Bedroom, Balcony | 1BR,1BA | $3.38 |
| 494 Avenue Rd | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $3.45 |
| The Summit | 1-Bedroom | 1BR,1BA | $3.38 |
| Heathmuir Tower | 1 Bedroom - 09 | 1BR,1BA | $3.24 |
| Oriole Apartments | 0 Beds, 1 Baths | Studio ,1BA | $3.64 |
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 $1,959.
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 $1,774, while the average apartment in Casa Loma costs $2,092.
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 10 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.