Cheap Homes for Rent in Islington City Centre South Neighborhood of Toronto, ON from $1,100 (20 Rentals)

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

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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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.

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Showing Results 1-20, Page 1 of 1

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 25 Mabelle priced from $1,500. Sierra at Village Gate West has the second lowest priced unit, which is a Studio apartment currently listed from $1,540. Here are the most affordable Islington City Centre South apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
25 Mabelle1 Bedroom1BR,1BA$1,500
Sierra at Village Gate WestStudio 1 BathStudio,1BA$1,540
Serrano at Village Gate WestStudio 1 BathStudio,1BA$1,585
Palomar at Village Gate WestStudio 1 BathStudio,1BA$1,615
Sheldon Towers0 Beds, 1 BathsStudio,1BA$1,750

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

As of May 05, 2026 the best value apartment in the Islington City Centre South area is the $2.33 price per square foot 2 Bed - 2 Bath Model at 25 Mabelle in the in the Islington City Centre North neighborhood starting from $2,350. The second greatest value Islington City Centre South apartment is the 765 Brown's Line - Plan E Model at 765 Browns Line starting at $2,449 with a $2.91 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.
25 Mabelle2 Bed - 2 Bath2BR,2BA$2.33
765 Browns Line765 Brown's Line - Plan E2BR,1BA$2.91
The Renaissance1 Bedroom1BR,1BA$3.06
Lenworth Towers1 bedroom1BR,1BA$3.07
4340 Bloor Street West1 Bedroom, 1 Bathroom1BR,1BA$3.23
The Markwood1 Bedroom + Den1BR,1BA$3.88
Serrano at Village Gate West1 Bedroom 1 Bath1BR,1BA$4.01
Sheldon Towers0 Beds, 1 BathsStudio ,1BA$4.07
Sierra at Village Gate WestStudio 1 BathStudio ,1BA$3.71
Palomar at Village Gate WestStudio 1 BathStudio ,1BA$4.06

Frequently Asked Questions about Islington City Centre South

What type of rentals are currently available in Islington City Centre South?

There are currently 139 Apartments for Rent in Islington City Centre South, ON with pricing that ranges from $1,500 to $18,649. There are also 195 Single Family Homes for rent, Condos, and Townhome rentals currently available in Islington City Centre South ranging from $1,100 to $8,800.

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 $1,100 to $8,800 with an average monthly rent of $4,342.

How much are larger Three and Four Bedroom Rentals in Islington City Centre South?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Islington City Centre South range from $2,310 to $4,187, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,195 to $4,950. Four Bedroom Single-Family rentals are also available starting from $3,900 and Four Bedroom Apartments start at $10,000.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.