Cheap Apartments for Rent in the Kensington Chinatown Neighborhood of Toronto, ON from $1,800 (5 Rentals)

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

property at 321A Augusta Av

321A Augusta Av

TorontoONM5T 2M2

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Grange Tower
Studio to 3 Bedroom Apartments

Grange Tower

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

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Grange Apartments
Studio to 3 Bedroom Apartments

Grange Apartments

164-168 Grange AveToronto, ON M5T 2V5
  • Utilities Included
  • Smoke Free

Cheapest Available Kensington Chinatown Apartments for Rent

 

The cheapest available apartment rental in the Kensington Chinatown area of Toronto, ON is a Studio unit found at Grange Tower priced from $1,850. Toronto House has the second lowest priced unit, which is a Studio apartment currently listed from $1,995. Here are the most affordable Kensington Chinatown apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
Grange TowerBachelorStudio,1BA$1,850
Toronto HouseStudioStudio,1BA$1,995
Grange ApartmentsRenovated Two Bedroom2BR,1BA$2,199

Best Value Apartments for Rent in Kensington Chinatown, ON

As of October 31, 2025 the best value apartment in the Kensington Chinatown area is the $2.00 price per square foot Renovated Two Bedroom Model at Grange Apartments in the in the Kensington Chinatown neighborhood starting from $2,199. The second greatest value Kensington Chinatown apartment is the Studio Model at Toronto House starting at $1,995 with a $4.41 price per square foot in the Bay Street Corridor 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.
Grange ApartmentsRenovated Two Bedroom2BR,1BA$2.00
Toronto HouseStudioStudio ,1BA$4.41
WaverleySinclair 2Studio ,1BA$6.35
Grange TowerBachelorStudio ,1BA$4.63

Frequently Asked Questions about Cheap Kensington Chinatown Apartments

How much is rent for a Cheap One Bedroom Kensington Chinatown Apartment?

The lowest price for a Cheap One Bedroom Kensington Chinatown Apartment is $2,150 at Grange Tower.

What is the lowest price for a Cheap Two Bedroom Kensington Chinatown Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Kensington Chinatown is starting from $2,199 at Grange Apartments.

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.