Cheap Apartments for Rent in the Forest Hill South Neighborhood of Toronto, ON from $995 (98 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Forest Hill South area of Toronto.

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The Latimer Apartments
Rent Specials
$1,600 - $1,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $1,700

Total Monthly Price
$1,600 - $1,700
Studio to 1 Bedroom Apartments Available Now

The Latimer Apartments

560 Eglinton Ave WToronto, ON M5N 1B8
Student Housing
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Ava Manor
Rent Specials
$1,609 - $3,457
Total Monthly Price

Total Monthly Price

Base Rent
$1,609 - $3,457

Total Monthly Price
$1,609 - $3,457
Studio to 3 Bedroom Apartments Available Now

Ava Manor

1862 Bathurst StToronto, ON M5P 3K8
Student Housing
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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.

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Cedarvale Residences
Rent Specials
$2,100 - $2,500
Total Monthly Price

Total Monthly Price

Base Rent
$2,100 - $2,500

Total Monthly Price
$2,100 - $2,500
1 to 2 Bedroom Apartments Available Now

Cedarvale Residences

111 Raglan AvToronto, ON M6C 2K9
Student Housing
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  • Utilities Included
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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.

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250 Heath
$2,100 - $3,600
Total Monthly Price

Total Monthly Price

Base Rent
$2,100 - $3,600

Total Monthly Price
$2,100 - $3,600
1 to 3 Bedroom Apartments Contact Us For Availability

250 Heath

250 Heath St WToronto, ON M5P 3L6
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494 Avenue Rd
Rent Specials
$2,195 - $3,200
Total Monthly Price

Total Monthly Price

Base Rent
$2,195 - $3,200

Total Monthly Price
$2,195 - $3,200
1 to 2 Bedroom Apartments Available Now

494 Avenue Rd

494 Avenue RdToronto, ON M4V 2J5
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120 Oriole Pky
$995 - $2,2001 to 2 Bedroom Apartments

120 Oriole Pky

120 Oriole PkyToronto, ON M5P 2G8
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Regal Court
$1,004 - $1,450Studio to 2 Bedroom Apartments

Regal Court

1652 Bathurst StToronto, ON M5P 3J8
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1580 Bathurst St
$1,1001 Bedroom Apartments

1580 Bathurst St

1580 Bathurst StToronto, ON M5P 1R8
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1535-1539 Bathurst St
$1,135 - $1,949Studio to 1 Bedroom Apartments

1535-1539 Bathurst St

1535-1539 Bathurst StToronto, ON M5P 3H5
  • Utilities Included

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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Vaughan Gardens
$1,650 - $1,800
Total Monthly Price

Total Monthly Price

Base Rent
$1,650 - $1,800

Total Monthly Price
$1,650 - $1,800
1 to 2 Bedroom Apartments

Vaughan Gardens

205 Vaughan RdToronto, ON M6C 2M3
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2Fifteen
$1,650 - $4,275
Total Monthly Price

Total Monthly Price

Base Rent
$1,650 - $4,275

Total Monthly Price
$1,650 - $4,275
Studio to 4 Bedroom Apartments

2Fifteen

215 Lonsdale RdToronto, ON M4V 2K8
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Oxton Court
$1,700 - $2,100Studio to 2 Bedroom Apartments

Oxton Court

130 Oriole PkyToronto, ON M5P 2G8
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345  Lonsdale
$1,750 - $2,200Studio to 3 Bedroom Apartments

345 Lonsdale

345 Lonsdale RdToronto, ON M5P 1R6
Student Housing
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26-30 Tichester Rd
$1,759 - $1,911Studio to 1 Bedroom Apartments

26-30 Tichester Rd

26-30 Tichester RdToronto, ON M5P 1P3

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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Forest Hill Residences
$1,799Studio to 4 Bedroom Apartments

Forest Hill Residences

780 Eglinton Ave WToronto, ON M5N 2N6
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Prince Charles Terrace
$1,818 - $1,895
Total Monthly Price

Total Monthly Price

Base Rent
$1,818 - $1,895

Total Monthly Price
$1,818 - $1,895
1 to 4 Bedroom Apartments

Prince Charles Terrace

45 Gardiner RdToronto, ON M5P 3B6
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3 Claxton Blvd
$1,8501 Bedroom Apartments

3 Claxton Blvd

3 Claxton BlvdToronto, ON M6C 1L6
  • Utilities Included
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2 Connaught Circle
$1,8571 to 2 Bedroom Apartments

2 Connaught Circle

2-6 Connaught CirToronto, ON M6C 2S7

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.

Cheapest Available Forest Hill South Apartments for Rent

 

The cheapest available apartment rental in the Forest Hill South area of Toronto, ON is a Studio unit found at Suncrest Court priced from $1,495. 1592 Bathurst Street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,500. Here are the most affordable Forest Hill South apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
Suncrest CourtBachelorStudio,1BA$1,495
1592 Bathurst StreetStudio1BR,1BA$1,500
117 Old Forest Hill RoadBachelorStudio,1BA$1,597
The Latimer ApartmentsStudioStudio,1BA$1,600
Ava ManorStudioStudio,1BA$1,609
Cedarwood SuitesStudioStudio,1BA$1,649
1660 Bathurst Street1660 Bathurst | 1 Bedroom1BR,1BA$1,655
464 & 448 Spadina RdJunior 1 BedStudio,1BA$1,695
650 Eglinton Avenue WestBachelor, one bathroom with balconyStudio,1BA$1,697
345 LonsdaleBachelorStudio,1BA$1,750

Best Value Apartments for Rent in Forest Hill South, ON

As of August 31, 2026 the best value apartment in the Forest Hill South 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 Forest Hill South apartment is the 2 Bedroom Model at 1637-1645 Bathurst Street starting at $2,980 with a $2.69 price per square foot in the Forest Hill South neighborhood. Here is today’s list of the best values for Forest Hill South apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
314 Lonsdale Rd3 Bed/ 2 Bath3BR,2BA$3.03
1637-1645 Bathurst Street2 Bedroom2BR,1BA$2.69
Avenue Road-4842 Bedroom(s) and 1.5 Bathroom(s)2BR,1.5BA$3.19
1650 Bathurst1650 Bathurst | 2 Bedroom2BR,1BA$2.56
80 Montclair Ave2 Bedroom2BR,1BA$2.94
316-320 Lonsdale Road2 Bedroom2BR,1BA$3.16
Suncrest Court2 Bedroom2BR,1BA$3.00
1596-1598A Bathurst Street1 Bedroom1BR,1BA$2.88
Cedarvale ResidencesOne Bedroom1BR,1BA$3.11
1660 Bathurst Street1660 Bathurst | 1 Bedroom1BR,1BA$2.62

Frequently Asked Questions about Cheap Forest Hill South Apartments

What is a cheap apartment in Forest Hill South?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Forest Hill South is under $1,750.

What is the price of a cheap apartment in Forest Hill South?

The cheapest apartment in Forest Hill South is 1592 Bathurst Street which is listed at $1,500, while the average apartment in Forest Hill South costs $2,200.

What types of apartments are the cheapest in Forest Hill South?

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 Forest Hill South that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Forest Hill South?

Cheap apartments in Forest Hill South have an average cost of $273 which is $1,927 cheaper than the average rent for all rentals in Forest Hill South.

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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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.

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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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.