Cheap Homes for Rent in Downsview Neighborhood of Toronto, ON from $500 (36 Rentals)

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

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.

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.

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.

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.

Cheapest Available Downsview Apartments for Rent

 

The cheapest available apartment rental in the Downsview area of Toronto, ON is a 2 Beds unit found at The Quad at York Phase 2 priced from $1,399. 2251 - 2257 Jane Street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. Here are the most affordable Downsview apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
The Quad at York Phase 22-2S22BR,2BA$1,399
2251 - 2257 Jane StreetOne Bedroom1BR,1BA$1,400
73 Lovilla Blvd1 Bedroom1BR,1BA$1,750
Terrace Wood1 bed1BR,1BA$1,750
2460-2500 Keele StreetStudio, 1 bathStudio,1BA$1,800
1525 Wilson Ave1 Bed, 1 bath1BR,1BA$1,800
1770 Wilson AveOne Bedroom1BR,1BA$1,800
Seeley Estates1 bedroom, 1 bathroom, no balcony1BR,1BA$1,807
Northwoods Village1 Bedroom1BR,1BA$1,809
Elmpark Manor Apartments1 Bedroom1BR,1BA$1,849

Best Value Apartments for Rent in Downsview, ON

As of April 29, 2026 the best value apartment in the Downsview area is the $2.11 price per square foot 2 Bedroom - Renovated Model at Oakview Heights in the in the Black Creek neighborhood starting from $2,495. The second greatest value Downsview apartment is the 3 Beds, 1 bath Model at 2460 Keele St starting at $2,400 with a $2.18 price per square foot in the Downsview neighborhood. Here is today’s list of the best values for Downsview apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Oakview Heights2 Bedroom - Renovated2BR,1BA$2.11
2460 Keele St3 Beds, 1 bath3BR,1BA$2.18
3400 Keele Street2 bedroom, 1 bathroom, with balcony2BR,1BA$2.39
25 Stong Court2 bedroom with balcony, one bathroom2BR,1BA$2.31
Terrace Wood2 bed2BR,1BA$2.26
11 Catford Rd2 Beds, 1 bath2BR,1BA$2.44
Benville Court Apartments2 Bedroom2BR,1BA$2.63
Lafayette Apartments1 Beds, 1 Baths1BR,1BA$2.57
Northwoods Village1 Bedroom1BR,1BA$2.41
2251 - 2257 Jane StreetOne Bedroom1BR,1BA$2.33

Frequently Asked Questions about Downsview

What type of rentals are currently available in Downsview?

There are currently 466 Apartments for Rent in Downsview, ON with pricing that ranges from $1,400 to $8,556. There are also 219 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downsview ranging from $560 to $9,900.

What is the current price range for Rental Homes in Downsview?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downsview ranges from $560 to $9,900 with an average monthly rent of $3,325.

How much are larger Three and Four Bedroom Rentals in Downsview?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downsview range from $2,450 to $3,755, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,150 to $5,200. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $2,649.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.