
Cheap Apartments for Rent in the Islington City Centre North Neighborhood of Toronto, ON from $1,400 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Islington City Centre North area of Toronto.


Palomar at Village Gate West

Sierra at Village Gate West

24 Mabelle

535 The East Mall

5062-5078 Dundas West

25 Mabelle

Islington Towers
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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.

Dwell City Towns

4Hundred East Mall

Islington Towers

1 Rabbit Ln

350 The West Mall

The Essex I

Nuvo 1

306 The West Mall Residence

15 Viking Ln
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.

9 Burnhamthorpe Cres

Burnhamthorpe

7 Capri Rd

2 Aberfoyle Cres

361 The West Mall

24 Eva Road

Greenview Suites

19 Eva Rd

Port Royal Place 5
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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.

Toronto Standard Condominium

Mabelle Place

Thunderbird at Valhalla Condominium

6 Eva Rd

5101 Dundas St W

Islington Manor

50 Cordova

52 Mabelle Ave

Dundas Mabelle
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.
Islington City Centre North, Toronto, ON Local Guide
How much does it cost to rent an apartment in Islington City Centre North?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Islington City Centre North Studio Apartments | $1,861 | $1,500 | $2,145 |
| Islington City Centre North 1 Bedroom Apartments | $1,939 | $1,450 | $2,670 |
| Islington City Centre North 2 Bedroom Apartments | $2,507 | $1,995 | $3,300 |
| Islington City Centre North 3 Bedroom Apartments | $2,472 | $2,245 | $2,699 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the Islington City Centre North Neighborhood of Toronto, ON.
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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 1 Bed unit found at 25 Mabelle priced from $1,450. Palomar at Village Gate West has the second lowest priced unit, which is a Studio apartment currently listed from $1,855. Here are the most affordable Islington City Centre North apartments for rent in Toronto, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 25 Mabelle | 1 Bedroom | 1BR,1BA | $1,450 |
| Palomar at Village Gate West | Studio 1 Bath | Studio,1BA | $1,855 |
| 24 Mabelle | Studio | Studio,1BA | $1,870 |
| Sierra at Village Gate West | Studio 1 Bath | Studio,1BA | $1,870 |
| 5062-5078 Dundas West | 2 Bed 1 Bath A | 2BR,1BA | $1,995 |
| 50 Cordova | Junior One Bedroom | 1BR,1BA | $2,010 |
| Serrano at Village Gate West | 1 Bedroom 1 Bath | 1BR,1BA | $2,090 |
| 535 The East Mall | 1 bedroom | 1BR,1BA | $2,097 |
| Central Park Place & Terrace | 3 Beds, 1.5 Baths | 3BR,1BA | $2,600 |
Best Value Apartments for Rent in Islington City Centre North, ON
As of February 07, 2026 the best value apartment in the Islington City Centre North area is the $2.41 price per square foot 3 Beds, 1.5 Baths Model at Central Park Place & Terrace in the in the Islington City Centre North neighborhood starting from $2,600. The second greatest value Islington City Centre North apartment is the 2 Bed 1 Bath A Model at 5062-5078 Dundas West starting at $1,995 with a $1.90 price per square foot in the Islington City Centre North neighborhood. Here is today’s list of the best values for Islington City Centre North apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Central Park Place & Terrace | 3 Beds, 1.5 Baths | 3BR,1.5BA | $2.41 |
| 5062-5078 Dundas West | 2 Bed 1 Bath A | 2BR,1BA | $1.90 |
| 25 Mabelle | 2 Bed - 2 Bath | 2BR,2BA | $2.38 |
| Greenview Suites | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2.55 |
| 50 Cordova | One Bedroom 1 Bath | 1BR,1BA | $2.83 |
| 535 The East Mall | 3 bedrooms | 3BR,1.5BA | $3.60 |
| Serrano at Village Gate West | Studio 1 Bath | Studio ,1BA | $4.17 |
| 24 Mabelle | Studio | Studio ,1BA | $3.94 |
| Sierra at Village Gate West | Studio 1 Bath | Studio ,1BA | $4.55 |
| Palomar at Village Gate West | Studio 1 Bath | Studio ,1BA | $4.66 |
Frequently Asked Questions about Cheap Islington City Centre North Apartments
What is a cheap apartment in Islington City Centre North?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Islington City Centre North is under $2,600.
What is the price of a cheap apartment in Islington City Centre North?
The cheapest apartment in Islington City Centre North is 25 Mabelle which is listed at $1,450, while the average apartment in Islington City Centre North costs $2,472.
What types of apartments are the cheapest in Islington City Centre North?
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 7 regular apartments in Islington City Centre North that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
