Cheap Homes for Rent in Islington City Centre South Neighborhood of Toronto, ON from $1,100 (31 Rentals)

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

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.

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.

The Art of the Rental Viewing: What to look for during a property tour

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.

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.

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 $1,750. Sheldon Towers has the second lowest priced unit, which is a Studio apartment currently listed from $1,795. Here are the most affordable Islington City Centre South apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
25 Mabelle1 Bedroom1BR,1BA$1,750
Sheldon Towers0 Beds, 1 BathsStudio,1BA$1,795
Sierra at Village Gate WestStudio 1 BathStudio,1BA$1,870
Palomar at Village Gate WestStudio 1 BathStudio,1BA$1,895
251-285 The West MallStudioStudio,1BA$1,895
Lenworth Towers1 bedroom1BR,1BA$1,995
20 Samuel WoodStudio 1 BathStudio,1BA$2,005
4340 Bloor Street West1 Bedroom, 1 Bathroom1BR,1BA$2,099
The Renaissance1 Bedroom1BR,1BA$2,200
765 Browns Line2 Bed Promotional Price2BR,1BA$2,230

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

As of March 20, 2026 the best value apartment in the Islington City Centre South area is the $3.85 price per square foot 3 Bedrooms Model at The Markwood in the in the Mississauga Centre Streetsville neighborhood starting from $3,865. 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 Markwood3 Bedrooms3BR,2BA$3.85
Evans Apartments2 Beds, 1 Baths2BR,1BA$2.59
765 Browns Line765 Brown's Line - Plan E2BR,1BA$3.02
The Renaissance1 Bedroom1BR,1BA$3.06
25 Mabelle1 Bedroom1BR,1BA$2.44
4340 Bloor Street West1 Bedroom, 1 Bathroom1BR,1BA$3.23
Lenworth Towers1 bedroom1BR,1BA$3.07
Serrano at Village Gate West1 Bedroom 1 Bath + Den1BR,1BA$4.16
Sheldon Towers0 Beds, 1 BathsStudio ,1BA$4.17
Sierra at Village Gate WestStudio 1 BathStudio ,1BA$4.51

Frequently Asked Questions about Islington City Centre South

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

There are currently 141 Apartments for Rent in Islington City Centre South, ON with pricing that ranges from $1,500 to $7,835. There are also 175 Single Family Homes for rent, Condos, and Townhome rentals currently available in Islington City Centre South ranging from $1,100 to $8,700.

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 $8,700 with an average monthly rent of $3,919.

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 $2,500 to $4,900. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $7,835.

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 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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.