Cheap Apartments for Rent in the Islington City Centre South Neighborhood of Toronto, ON from $1,600 (63 Rentals)

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

property at 66 Greenfield Dr

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900

2 Bedroom, 1 Bath Home for Rent

Available Now

66 Greenfield Dr

TorontoONM9B 1H3
property at 625 Evans Ave.

$2,095 - $2,455

1 To 2 Bedroom Rentals

Available Now

Evans Apartments

625 Evans Ave.
TorontoONM8W 2W5

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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765 Browns Line
$1,659 - $2,499Studio to 2 Bedroom Apartments

765 Browns Line

765 Browns LineToronto, ON M8W 4Z8
  • Utilities Included
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The Elmcrest
$1,850 - $3,1001 to 3 Bedroom Apartments

The Elmcrest

2 Triburnham PlToronto, ON M9C 3P4
  • 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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Fairview Tower
$1,950 - $2,4501 to 3 Bedroom Apartments

Fairview Tower

210 Markland DrToronto, ON M9C 1R2
  • Utilities Included
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287 Markland Drive
$1,9501 to 3 Bedroom Apartments

287 Markland Drive

287 Markland DrToronto, ON M9C 1M4
  • Utilities Included
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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
  • Utilities Included
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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
  • 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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Evans Apartments
$2,095 - $2,4401 to 3 Bedroom Apartments

Evans Apartments

625 Evans AveToronto, ON M8W 2W5

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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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 1-50, Page 1 of 2

Cheapest Available Islington City Centre South Apartments for Rent

 

The cheapest available apartment rental in the Islington City Centre South area of Toronto, ON is a Studio unit found at 25 Mabelle priced from $1,700. Palomar at Village Gate West has the second lowest priced unit, which is a Studio apartment currently listed from $1,835. Here are the most affordable Islington City Centre South apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
25 MabelleBachelorStudio,1BA$1,700
Palomar at Village Gate WestStudio 1 BathStudio,1BA$1,835
5294 Dundas StreetOne Bedroom1BR,1BA$1,900
287 Markland Drive1 Bedrrom1BR,1BA$1,950
Fairview Tower1 Bedroom, 1 Bathroom1BR,1BA$1,950
251-285 The West Mall1-bedroom2BR,1BA$1,968
Lenworth Towers1 bedroom1BR,1BA$1,995
Evans Apartments1 Beds, 1 Baths1BR,1BA$2,095
Serrano at Village Gate West1 Bedroom 1 Bath + Den1BR,1BA$2,120
20 Samuel Wood1 Bedroom 1 Bath1BR,1BA$2,355

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

As of July 25, 2026 the best value apartment in the Islington City Centre South area is the $2.77 price per square foot 3 Bedroom, 2 Bathroom Model at 4340 Bloor Street West in the in the Mississauga Centre Streetsville neighborhood starting from $3,099. The second greatest value Islington City Centre South apartment is the 3 Beds, 1 Baths Model at Sheldon Towers starting at $2,795 with a $2.80 price per square foot in the Port Credit neighborhood. Here is today’s list of the best values for Islington City Centre South apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4340 Bloor Street West3 Bedroom, 2 Bathroom3BR,2BA$2.77
Sheldon Towers3 Beds, 1 Baths3BR,1BA$2.80
202 The West Mall2 Bdrm2BR,1BA$2.45
The Renaissance2 Bedrooms2BR,1BA$2.73
Evans Apartments2 Beds, 1 Baths2BR,1BA$2.54
Sierra at Village Gate West2 Bedroom 2 Bath2BR,2BA$3.21
Fairview Tower1 Bedroom, 1 Bathroom1BR,1BA$2.32
287 Markland Drive1 Bedrrom1BR,1BA$2.47
5294 Dundas StreetOne Bedroom1BR,1BA$2.71
Lenworth Towers1 bedroom1BR,1BA$3.07

Frequently Asked Questions about Cheap Islington City Centre South Apartments

What is a cheap apartment in Islington City Centre South?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Islington City Centre South is under $2,355.

What is the price of a cheap apartment in Islington City Centre South?

The cheapest apartment in Islington City Centre South is 25 Mabelle which is listed at $1,750, while the average apartment in Islington City Centre South costs $7,228.

What types of apartments are the cheapest in Islington City Centre 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 2 regular apartments in Islington City Centre 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 Islington City Centre South?

Cheap apartments in Islington City Centre South have an average cost of $1,239 which is $5,989 cheaper than the average rent for all rentals in Islington City Centre 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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.