Cheap Apartments for Rent in the Kensington Chinatown Neighborhood of Toronto, ON from $1,600 (112 Rentals)

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

property at 36 Brunswick Ave

$1,650 - $3,750

1 To 3 Bedroom Rentals

Available Now

36 Brunswick Ave

TorontoONM5S 2L7
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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Cheapest Available Kensington Chinatown Apartments for Rent

 

The cheapest available apartment rental in the Kensington Chinatown area of Toronto, ON is a 2 Beds unit found at Grange Apartments priced from $2,299. 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 ListingModel NameBed/BathPriced From
Grange ApartmentsRenovated Two Bedroom2BR,1BA$2,299
The DarcyStudioStudio,1BA$2,303
Toronto HouseOne Bedroom1BR,1BA$2,399
WaverleySinclair 2Studio,1BA$2,590

Best Value Apartments for Rent in Kensington Chinatown, ON

As of May 26, 2026 the best value apartment in the Kensington Chinatown area is the $2.09 price per square foot Renovated Two Bedroom Model at Grange Apartments in the in the Kensington Chinatown neighborhood starting from $2,299. The second greatest value Kensington Chinatown apartment is the One Bedroom Model at Toronto House starting at $2,399 with a $4.45 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$2.09
Toronto HouseOne Bedroom1BR,1BA$4.45
WaverleySinclair 2Studio ,1BA$6.04
23 Ross | Student HousingOne Bedroom (Shared / Shared Bathroom)1BR,0.5BA$11.54

Frequently Asked Questions about Cheap Kensington Chinatown Apartments

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

The cheapest apartment in Kensington Chinatown is Toronto House which is listed at $2,399, while the average apartment in Kensington Chinatown costs $12,243.

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 4 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 $489 which is $11,754 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

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Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

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