
Cheap Apartments for Rent in the Kensington Chinatown Neighborhood of Toronto, ON from $1,400 (143 Rentals)
Search the lowest-cost Apartments available for rent right now in the Kensington Chinatown area of Toronto.


Toronto House

54 Markham St

132 Huron St

37 Grange Ave

The Darcy

50 McCaul St

56 Markham St

8 Bellevue Av

179 Markham St
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.

763 Dundas St W

763 Dundas St W

Grange Apartments

38 Widmer St, Unit 1111

38 Widmer St, Unit 1111

129 Wolseley St

129 Wolseley St

201 Augusta Ave

201 Augusta Ave

214 Bathurst St, Unit B1
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.

214 Bathurst St, Unit B1

44 Bellevue Ave

44 Bellevue Ave

1 Quarrington Ln

189 Dundas St W, Unit 2nd Flr

189 Dundas St W, Unit 2nd Flr

335 College St, Unit 305

335 College St, Unit 305

566 Queen St W

566 Queen St W, Unit 3
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

566 Queen St W, Unit 3

566 Queen St W

Grange Tower

335 College St, Unit 106

335 College St, Unit 106

101 Peter St, Unit 1402

101 Peter St, Unit 1402

101 Peter St, Unit 617

101 Peter St, Unit 617

435 Richmond St W, Unit 1410
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435 Richmond St W, Unit 1410

290 Adelaide St W, Unit 2503

67 Brunswick Ave

290 Adelaide St W, Unit 2503

67 Brunswick Ave

318 Richmond St W, Unit 1605

318 Richmond St W, Unit 1605

101 Peter St, Unit 2802

101 Peter St, Unit 2802

126 Simcoe St, Unit 706
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Kensington Chinatown, Toronto, ON Local Guide
How much does it cost to rent an apartment in Kensington Chinatown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Kensington Chinatown Studio Apartments | $2,720 | $1,650 | $5,018 |
| Kensington Chinatown 1 Bedroom Apartments | $3,797 | $2,454 | $6,600 |
| Kensington Chinatown 2 Bedroom Apartments | $4,023 | $2,100 | $9,000 |
| Kensington Chinatown 3 Bedroom Apartments | $4,818 | $2,500 | $6,000 |
| Kensington Chinatown 4 Bedroom Apartments | $5,426 | $5,200 | $5,652 |
Browse Apartments in this Neighborhood
There are currently 143 rentals with your search options within a 2 mile radius of the Kensington Chinatown Neighborhood of Toronto, ON.
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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 Toronto House priced from $2,063. The Darcy has the second lowest priced unit, which is a Studio apartment currently listed from $2,303. Here are the most affordable Kensington Chinatown apartments for rent in Toronto, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Toronto House | Studio | Studio,1BA | $2,063 |
| The Darcy | Regular Studio | Studio,1BA | $2,303 |
| Waverley | Helm 2 | 1BR,1BA | $3,290 |
| 23 Ross | Third Level | 3BR,3BA | $6,000 |
Best Value Apartments for Rent in Kensington Chinatown, ON
As of July 11, 2026 the best value apartment in the Kensington Chinatown area is the $6.03 price per square foot Third Level Model at 23 Ross in the in the Kensington Chinatown neighborhood starting from $6,000. The second greatest value Kensington Chinatown apartment is the Two Bedroom Model at Toronto House starting at $4,250 with a $5.15 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 23 Ross | Third Level | 3BR,3BA | $6.03 |
| Toronto House | Two Bedroom | 2BR,2BA | $5.15 |
| The Darcy | 1 bed room plus den | 1BR,1BA | $4.70 |
| Waverley | Helm 2 | 1BR,1BA | $6.16 |
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 $6,000.
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 $9,780.
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 10 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 $582 which is $9,198 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.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.