Cheap Apartments for Rent in the Islington City Centre North Neighborhood of Toronto, ON from $1,600 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Islington City Centre North area of Toronto.

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Montgomery Mills
Rent Specials
$1,870 - $2,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,870 - $2,700
Total Monthly Price
$1,870 - $2,700
Studio to 2 Bedroom Apartments Available Now

Montgomery Mills

24 Mabelle AveToronto, ON M9A 4X6
Affordability
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  • Utilities Included
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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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22 & 24 Burnhamthorpe Rd
$1,620 - $2,085Studio to 2 Bedroom Apartments

22 & 24 Burnhamthorpe Rd

22-24 Burnhamthorpe RdToronto, ON M9A 1G8
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Islington Towers
$1,650 - $2,750Studio to 3 Bedroom Apartments

Islington Towers

90 Cordova AveToronto, ON M9A 2H8
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1 Rabbit Ln
$1,7991 Bedroom Apartments

1 Rabbit Ln

1 Rabbit LnToronto, ON M9B 2R2
  • Utilities Included

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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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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361 The West Mall
$1,979 - $2,7501 to 3 Bedroom Apartments

361 The West Mall

361 The West MallToronto, ON M9C 1E7
Senior Living
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24 Eva Road
$1,979 - $2,7501 to 3 Bedroom Apartments

24 Eva Road

24 Eva RdToronto, ON M9C 2B2
Senior Living
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Montgomery Mills
$2,010 - $2,510Studio to 3 Bedroom Apartments

Montgomery Mills

50 Cordova AveToronto, ON M9A 4X6
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Greenview Suites
$2,015 - $2,9751 to 3 Bedroom Apartments

Greenview Suites

530 The East MallToronto, ON M9B 6B9

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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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Showing Results 1-43, Page 1 of 1

Cheapest Available Islington City Centre North Apartments for Rent

 

The cheapest available apartment rental in the Islington City Centre North area of Toronto, ON is a Studio unit found at Palomar at Village Gate West priced from $1,625. Islington Towers has the second lowest priced unit, which is a Studio apartment currently listed from $1,650. Here are the most affordable Islington City Centre North apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
Palomar at Village Gate WestStudio 1 BathStudio,1BA$1,625
Islington TowersStudioStudio,1BA$1,650
25 MabelleBachelorStudio,1BA$1,700
5 Capri RoadOne bedroom with one bathroom1BR,1BA$1,797
52 Mabelle | Far InvestmentsOne Bedroom1BR,1BA$1,820
Montgomery MillsStudioStudio,1BA$1,870
5294 Dundas StreetOne Bedroom1BR,1BA$1,900
Montgomery MillsJunior One Bedroom1BR,1BA$2,010
Greenview Suites1 Bedroom, 1 Bathroom1BR,1BA$2,015
Sierra at Village Gate West1 Bedroom 1 Bath1BR,1BA$2,055

Best Value Apartments for Rent in Islington City Centre North, ON

As of August 19, 2026 the best value apartment in the Islington City Centre North area is the $2.74 price per square foot Three Bedroom Model at 52 Mabelle | Far Investments in the in the Islington City Centre North neighborhood starting from $2,875. The second greatest value Islington City Centre North apartment is the 1 Bedroom, 1 Bathroom Model at Greenview Suites starting at $2,015 with a $2.37 price per square foot in the Mississauga Centre Streetsville neighborhood. Here is today’s list of the best values for Islington City Centre North apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
52 Mabelle | Far InvestmentsThree Bedroom3BR,1.5BA$2.74
Greenview Suites1 Bedroom, 1 Bathroom1BR,1BA$2.37
535 The East Mall3 Bedrooms3BR,1.5BA$3.53
5294 Dundas StreetOne Bedroom1BR,1BA$2.71
5 Capri RoadOne bedroom with one bathroom1BR,1BA$2.59
Islington Towers1 Bedroom1BR,1BA$2.80
Montgomery MillsJunior One Bedroom1BR,1BA$3.26
Sierra at Village Gate West1 Bedroom 1 Bath1BR,1BA$3.34
Serrano at Village Gate West1 Bedroom 1 Bath1BR,1BA$3.93
25 MabelleBachelorStudio ,1BA$3.31

Frequently Asked Questions about Cheap Islington City Centre North Apartments

What is the Cheapest Studio apartment in Islington City Centre North?

Currently the most affordable Cheap Studio Apartment in Islington City Centre North is at Palomar at Village Gate West listed at $1,625.

How much is rent for a Cheap One Bedroom Islington City Centre North Apartment?

The lowest price for a Cheap One Bedroom Islington City Centre North Apartment is $1,750 at 25 Mabelle.

What is the lowest price for a Cheap Two Bedroom Islington City Centre North Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Islington City Centre North is starting from $2,100 at 5294 Dundas Street.

What is the most affordable Islington City Centre North Three Bedroom Apartment?

The best deal on a cheap Islington City Centre North Three Bedroom Apartment rental is at 535 The East Mall and starts from $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

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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.

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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.