Cheap Apartments for Rent in the Islington City Centre South Neighborhood of Toronto, ON from $1,700 (15 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 270 Sheldon Ave

$1,895 - $2,950

Studio To 3 Bedroom Rentals

Available Now

270 Sheldon Ave

TorontoONM8W 4M1

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The Elmcrest
$1,750 - $3,1001 to 3 Bedroom Apartments

The Elmcrest

2 Triburnham PlToronto, ON M9C 3P4
  • Utilities Included
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5249 Dundas Street W
$1,815 - $3,299Studio to 2 Bedroom Apartments

5249 Dundas Street W

5249 Dundas St WToronto, ON M9B 1A5
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270 Sheldon Ave
$1,895 - $2,950Studio to 3 Bedroom Apartments

270 Sheldon Ave

270 Sheldon AveToronto, ON M8W 2S3

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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
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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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350 The West Mall
$2,1001 to 3 Bedroom Apartments

350 The West Mall

350 The West MallToronto, ON M9C 1E6
  • Utilities Included
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287 Markland Drive
$2,100 - $3,1001 to 3 Bedroom Apartments

287 Markland Drive

287 Markland DrToronto, ON M9C 1M4
  • Utilities Included

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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.

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 1 Bed unit found at The Elmcrest priced from $1,750. 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 South apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
The ElmcrestOne Bedroom1BR,1BA$1,750
Palomar at Village Gate WestStudio 1 BathStudio,1BA$1,855
Sierra at Village Gate WestStudio 1 BathStudio,1BA$1,870
Sheldon Towers0 Beds, 1 BathsStudio,1BA$1,895
251-285 The West MallStudioStudio,1BA$1,895

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

As of February 04, 2026 the best value apartment in the Islington City Centre South area is the $2.56 price per square foot Two Bedroom Model at The Elmcrest in the in the Mississauga Centre Streetsville neighborhood starting from $2,300. The second greatest value Islington City Centre South apartment is the 2 Beds, 1 Baths Model at Evans Apartments starting at $2,290 with a $2.59 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.
The ElmcrestTwo Bedroom2BR,1BA$2.56
Evans Apartments2 Beds, 1 Baths2BR,1BA$2.59
765 Browns Line765 Brown's Line - Plan E2BR,1BA$3.08
Fairview Tower1 Bedroom, 1 Bathroom1BR,1BA$2.78
287 Markland Drive1 Bedrrom1BR,1BA$2.63
The Bloordale1 Bedroom1BR,1BA$2.98
The Renaissance1 Bedroom1BR,1BA$3.40
The Markwood1 Bedroom + Den1BR,2BA$4.26
Serrano at Village Gate WestStudio 1 BathStudio ,1BA$4.17
Sheldon Towers0 Beds, 1 BathsStudio ,1BA$4.41

Frequently Asked Questions about Cheap Islington City Centre South Apartments

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

Currently the most affordable Cheap Studio Apartment in Islington City Centre South is at Palomar at Village Gate West listed at $1,855.

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

The lowest price for a Cheap One Bedroom Islington City Centre South Apartment is $1,750 at The Elmcrest.

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

Today's best deal for a Cheap Two Bedroom Apartment in Islington City Centre South is starting from $1,967 at 251-285 The West Mall.

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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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.

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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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.