
Homes for Rent in Toronto, ON Under C$1,500 (114 Rentals)


30 Beacon Rd

577-577 Gerrard St E

577-577 Gerrard St E

96 Hiawatha Rd

47-1047 Mutual St

31 Robingrove Rd

177 Gowan Ave

26-726 Gibbs Rd
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.

54 Brantwood Dr

135 Florence Ave

2221 Kennedy Rd

14 Maxim Crescent

59 Limevale Crescent

25 Mann Ave

38 Wishing Well Dr

450 Cosburn Ave.
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.

262-262 Clinton St

96 Portsdown Rd

7 Mango Dr

456-456 College St

23 Pineway Blvd

53 Greenbrook Dr

22 Goya Crescent

155 Drayton Ave

22 Risebrough Av

595-595 St Clair Ave W

26 Manorcrest Dr

256-256 Sherbourne St

22 Culver Ln
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

173 Overbrook Pl

246 Nairn Ave

6 Larkhall Ave

12 Rollins Pl

105-105 Pembroke St

1 Vanity Ct

3 Rochdale Ave

101 Woodfern Dr

524-524 Rouge Hills Dr

12-112 Mansfield Ave

148 Campbell Ave

59 Jolly Way

425 Caledonia Rd

117-117 Broadway Ave

485 Brimorton Dr

21 Liam Foudy Ct

629 Christie St

1 Pynford Crescent

271 Braymore Blvd

26 Leyton Ave
Toronto, ON Local Guide
How much does it cost to rent a home in Toronto?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Toronto 2 Bedroom Homes for Rent | C$2,767 | C$1,000 | C$9,000 |
Toronto 3 Bedroom Homes for Rent | C$3,541 | C$850 | C$10,000 |
Toronto 4 Bedroom Homes for Rent | C$4,479 | C$800 | C$10,000 |
Toronto 5 Bedroom Homes for Rent | C$6,421 | C$950 | C$10,000 |
Toronto 6 Bedroom Homes for Rent | C$6,789 | C$3,800 | C$10,000 |
Toronto 7 Bedroom Homes for Rent | C$9,370 | C$1,000 | C$10,000 |
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Toronto, ON Area Reviews
Dee • 4+ years in Toronto
February 25, 202530 years here ... its not impressive working people cant afford rent
Frequently Asked Questions about Toronto
What type of rentals are currently available in Toronto?
There are currently 9450 Apartments for Rent in Toronto, ON with pricing that ranges from C$450 to C$19,000. There are also 3945 Single Family Homes for rent, Condos, and Townhome rentals currently available in Toronto ranging from C$700 to C$35,000.
What is the current price range for Rental Homes in Toronto?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Toronto ranges from C$700 to C$35,000 with an average monthly rent of C$4,652.
How much are larger Three and Four Bedroom Rentals in Toronto?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Toronto range from C$2,400 to C$19,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$850 to C$21,500. Four Bedroom Single-Family rentals are also available starting from C$800 and Four Bedroom Apartments start at C$1,245.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.