
Homes for Rent in Toronto, ON Under C$5,000 (3,330 Rentals)


56 Twenty Sixth St

64 Thirty Sixth St

215 Fort York Blvd

70 Mill St

50 Charles St E

357 King St W

85 Baldwin St

1285 Dupont St

105 Harbord St
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.

50 St Nicholas St

101 Charles St E

1 Shank St

137 Yorkview Dr

8-4908 Widmer St

181 Bedford Rd

15-39 John Perkins Bull Dr

425-425 Front St E

20 Niantic Crescent

38 Annie Craig Dr
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

18 Caroline Carpenter Grv

74 Spadina Rd

75 Wynford Heights Crescent

10-210 Deerlick Ct

261 Soudan Av

400 Adelaide St E

1-1911 Bloor St E

2625 Dundas St W

469 Palmerston Blvd

75 Portland St

18 Hillcrest Ave

30 Ordnance St

85 Eastwood Park Gdns

188 Doris Av

15 Burrard Rd

3 Rowntree Rd

61 Danforth Rd

29 Camden St

689 The Queensway

2 Gladstone Ave

38 Lee Centre Dr

55 Morningside Ave

40 Scollard St

11 Brunel Ct

107 Hadrian Dr

6 Twenty Fifth St

3100 Keele St

2720 Dundas St W

1248 Avenue Rd

10 Edgecliff Golfway
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$2,768 | C$900 | C$10,000 |
Toronto 3 Bedroom Homes for Rent | C$3,595 | C$1,000 | C$10,000 |
Toronto 4 Bedroom Homes for Rent | C$4,585 | C$1,200 | C$10,000 |
Toronto 5 Bedroom Homes for Rent | C$7,497 | C$1,250 | C$10,000 |
Toronto 6 Bedroom Homes for Rent | C$6,146 | C$1,000 | C$10,000 |
Toronto 7 Bedroom Homes for Rent | C$8,050 | C$4,800 | C$10,000 |
Browse Top Homes for Rent in Toronto
Explore Toronto
Toronto, ON Local Guide
- Toronto Neighborhoods
- Nearby Cities
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 9460 Apartments for Rent in Toronto, ON with pricing that ranges from C$800 to C$25,000. There are also 3484 Single Family Homes for rent, Condos, and Townhome rentals currently available in Toronto ranging from C$460 to C$55,000.
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$460 to C$55,000 with an average monthly rent of C$5,719.
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$2,475 to C$9,680, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$1,000 to C$22,500. Four Bedroom Single-Family rentals are also available starting from C$1,200 and Four Bedroom Apartments start at C$3,500.
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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.