Cheap Homes for Rent in Islington City Centre South Neighborhood of Toronto, ON from $1,100 (10 Rentals)

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

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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.

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. Sierra 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 ListingModel NameBed/BathPriced From
251-285 The West MallBachelor*Studio,1BA$1,564
Sierra at Village Gate WestStudio 1 BathStudio,1BA$1,895
Palomar at Village Gate WestStudio 1 BathStudio,1BA$1,895

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

As of December 12, 2025 the best value apartment in the Islington City Centre South area is the $2.85 price per square foot 3 Beds, 1 Baths Model at Sheldon Towers in the in the Port Credit neighborhood starting from $2,850. The second greatest value Islington City Centre South apartment is the 2 Bedrooms Model at The Renaissance starting at $2,775 with a $2.81 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Sheldon Towers3 Beds, 1 Baths3BR,1BA$2.85
The Renaissance2 Bedrooms2BR,1BA$2.81
765 Browns Line765 Brown's Line - Plan B2BR,1BA$2.84
Evans Apartments2 Beds, 1 Baths2BR,1BA$2.59
Fairview Tower1 Bedroom, 1 Bathroom1BR,1BA$2.78
Serrano at Village Gate West1 Bedroom 1 Bath + Den1BR,1BA$3.69
329 The West Mall1-Bedroom1BR,1BA$3.37
Sierra at Village Gate WestStudio 1 BathStudio ,1BA$4.61
Palomar at Village Gate WestStudio 1 BathStudio ,1BA$4.76
20 Samuel WoodStudio 1 BathStudio ,1BA$5.07

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 $1,564 to $4,187. There are also 123 Single Family Homes for rent, Condos, and Townhome rentals currently available in Islington City Centre South ranging from $1,100 to $17,500.

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 $1,100 to $17,500 with an average monthly rent of $3,925.

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 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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.