Cheap Homes for Rent in Downsview Neighborhood of Toronto, ON from $500 (58 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.

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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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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.

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Cheapest Available Downsview Apartments for Rent

 

The cheapest available apartment rental in the Downsview area of Toronto, ON is a Studio unit found at Keele Apartments priced from $1,375. The Quad at York Phase 2 has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,399. Here are the most affordable Downsview apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
Keele ApartmentsBachelorStudio,1BA$1,375
The Quad at York Phase 22-2S22BR,2BA$1,399
2251 - 2257 Jane StreetOne Bedroom1BR,1BA$1,400
Berkshire PlaceBachelorStudio,1BA$1,695
170 Sentinel RdStudioStudio,1BA$1,700
Terrace Wood1 bed1BR,1BA$1,750
35 Tobermory Dr1 Bedroom1BR,1BA$1,799
215 Gosford Blvd1bedroom1BR,1BA$1,799
2460-2500 Keele StreetStudio, 1 bathStudio,1BA$1,800
Seeley Estates1 bedroom, 1 bathroom, no balcony1BR,1BA$1,807

Best Value Apartments for Rent in Downsview, ON

As of June 14, 2026 the best value apartment in the Downsview area is the $2.03 price per square foot 2 Bedroom - Renovated Model at Oakview Heights in the in the Black Creek neighborhood starting from $2,395. The second greatest value Downsview apartment is the 2 bedroom, 1 bathroom, with balcony Model at 3400 Keele Street starting at $2,297 with a $2.39 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$2.03
3400 Keele Street2 bedroom, 1 bathroom, with balcony2BR,1BA$2.39
Terrace Wood2 bed2BR,1BA$2.26
Rudfel Apartments2 bedroom2BR,1BA$2.62
Jane Oaks Apartments1 Bedroom1BR,1BA$2.37
Jane Exbury Towers1 Bedroom1BR,1BA$2.37
Lafayette Apartments1 Beds, 1 Baths1BR,1BA$2.52
Northwoods Village1 Bedroom1BR,1BA$2.41
2251 - 2257 Jane StreetOne Bedroom1BR,1BA$2.33
Keele ApartmentsBachelorStudio ,1BA$2.50

Frequently Asked Questions about Downsview

What type of rentals are currently available in Downsview?

There are currently 473 Apartments for Rent in Downsview, ON with pricing that ranges from $1,400 to $7,235. There are also 279 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 $3,658.

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 $2,399 to $3,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,975 to $6,000. Four Bedroom Single-Family rentals are also available starting from $2,800 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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.