Cheap Apartments for Rent in the Kensington Chinatown Neighborhood of Toronto, ON from $1,800 (82 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Kensington Chinatown area of Toronto.

property at 56 Markham St

$2,100 - $2,400

2 Bedroom Rentals

Available Now

56 Markham St

TorontoONM6J 2G5

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Grange Tower
$1,850 - $3,700Studio to 3 Bedroom Apartments

Grange Tower

20 St Patrick StToronto, ON M5T 2Y4
  • Utilities Included

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Showing Results 1-50, Page 1 of 2

Cheapest Available Kensington Chinatown Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Toronto HouseStudioStudio,1BA$2,021
WaverleyArdenStudio,1BA$2,425

Best Value Apartments for Rent in Kensington Chinatown, ON

As of April 05, 2026 the best value apartment in the Kensington Chinatown area is the $4.59 price per square foot Two Bedroom Model at Toronto House in the in the Bay Street Corridor neighborhood starting from $3,875. The second greatest value Kensington Chinatown apartment is the Sinclair 2 Model at Waverley starting at $2,525 with a $5.89 price per square foot in the Kensington Chinatown neighborhood. Here is today’s list of the best values for Kensington Chinatown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Toronto HouseTwo Bedroom2BR,2BA$4.59
WaverleySinclair 2Studio ,1BA$5.89
23 Ross | Student HousingOne Bedroom (Shared / Shared Bathroom)1BR,0.5BA$11.54

Frequently Asked Questions about Cheap Kensington Chinatown Apartments

What is a cheap apartment in Kensington Chinatown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Kensington Chinatown is under $2,425.

What is the price of a cheap apartment in Kensington Chinatown?

The cheapest apartment in Kensington Chinatown is Toronto House which is listed at $2,538, while the average apartment in Kensington Chinatown costs $18,926.

What types of apartments are the cheapest in Kensington Chinatown?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 11 regular apartments in Kensington Chinatown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Kensington Chinatown?

Cheap apartments in Kensington Chinatown have an average cost of $1,000 which is $17,926 cheaper than the average rent for all rentals in Kensington Chinatown.

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.

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