
Cheap Homes for Rent in Islington City Centre South Neighborhood of Toronto, ON from $1,400 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Islington City Centre South area of Toronto.


247 Alderbrae Ave

36 Zorra St

9 Valhalla Inn Rd

247 Alderbrae Ave

7a Connorvale Ave
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.

36 Zorra St

1037 The Queensway

5130A Dundas St W

918 ISLINGTON Ave

31 Fairlin Dr

1148 Islington Ave
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.
Islington City Centre South, Toronto, ON Local Guide
How much does it cost to rent a home in Islington City Centre South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Islington City Centre South 2 Bedroom Homes for Rent | $2,628 | $2,090 | $3,350 |
| Islington City Centre South 3 Bedroom Homes for Rent | $3,234 | $1,750 | $4,250 |
| Islington City Centre South 4 Bedroom Homes for Rent | $8,225 | $3,350 | $10,000+ |
| Islington City Centre South 5 Bedroom Homes for Rent | $3,995 | $3,995 | $3,995 |
| Islington City Centre South 6 Bedroom Homes for Rent | $12,500 | $7,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Islington City Centre South Neighborhood of Toronto, ON.
Explore Toronto
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 251-285 The West Mall priced from $1,564. Palomar at Village Gate West has the second lowest priced unit, which is a Studio apartment currently listed from $1,895. Here are the most affordable Islington City Centre South apartments for rent in Toronto, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 251-285 The West Mall | Bachelor* | Studio,1BA | $1,564 |
| Palomar at Village Gate West | Studio 1 Bath | Studio,1BA | $1,895 |
| 20 Samuel Wood | Studio 1 Bath | Studio,1BA | $1,895 |
| Sierra at Village Gate West | Studio 1 Bath | Studio,1BA | $1,995 |
| Serrano at Village Gate West | 1 Bedroom 1 Bath | 1BR,1BA | $2,075 |
Best Value Apartments for Rent in Islington City Centre South, ON
As of October 27, 2025 the best value apartment in the Islington City Centre South area is the $2.70 price per square foot 2 Beds, 1 Baths Model at Evans Apartments in the in the Port Credit neighborhood starting from $2,390. The second greatest value Islington City Centre South apartment is the 1 Bedroom, 1 Bathroom Model at Fairview Tower starting at $2,340 with a $2.78 price per square foot in the Mississauga Centre Streetsville neighborhood. Here is today’s list of the best values for Islington City Centre South apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Evans Apartments | 2 Beds, 1 Baths | 2BR,1BA | $2.70 |
| Fairview Tower | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2.78 |
| 765 Browns Line | 765 Brown's Line - Plan A | 2BR,1BA | $2.98 |
| Sheldon Towers | 1 Beds, 1 Baths | 1BR,1BA | $2.97 |
| The Renaissance | One Bedroom | 1BR,1BA | $3.40 |
| Serrano at Village Gate West | 1 Bedroom 1 Bath + Den | 1BR,1BA | $3.87 |
| The Markwood | 1 Bedroom + Den | 1BR,1.5BA | $4.15 |
| 329 The West Mall | 1-Bedroom | 1BR,1BA | $3.53 |
| Sierra at Village Gate West | Studio 1 Bath | Studio ,1BA | $4.85 |
| Palomar at Village Gate West | Studio 1 Bath | Studio ,1BA | $4.76 |
Frequently Asked Questions about Islington City Centre South
What type of rentals are currently available in Islington City Centre South?
There are currently 142 Apartments for Rent in Islington City Centre South, ON with pricing that ranges from $1,564 to $4,137. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in Islington City Centre South ranging from $1,475 to $18,500.
What is the current price range for Rental Homes in Islington City Centre South?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Islington City Centre South ranges from $1,475 to $18,500 with an average monthly rent of $4,925.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.