Cheap Homes for Rent in Kensington Chinatown Neighborhood of Toronto, ON from $900 (71 Rentals)

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

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.

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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.

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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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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 $1,995. 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
Toronto HouseStudioStudio,1BA$1,995
The DarcyBachelorStudio,1BA$2,303
WaverleySinclair 2Studio,1BA$2,590

Best Value Apartments for Rent in Kensington Chinatown, ON

As of May 08, 2026 the best value apartment in the Kensington Chinatown area is the $4.41 price per square foot Studio Model at Toronto House in the in the Bay Street Corridor neighborhood starting from $1,995. The second greatest value Kensington Chinatown apartment is the Sinclair 2 Model at Waverley starting at $2,590 with a $6.04 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 HouseStudioStudio ,1BA$4.41
WaverleySinclair 2Studio ,1BA$6.04
23 Ross | Student HousingOne Bedroom (Shared / Shared Bathroom)1BR,0.5BA$11.54

Frequently Asked Questions about Kensington Chinatown

What type of rentals are currently available in Kensington Chinatown?

There are currently 168 Apartments for Rent in Kensington Chinatown, ON with pricing that ranges from $1,250 to $24,397. There are also 205 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kensington Chinatown ranging from $900 to $7,900.

What is the current price range for Rental Homes in Kensington Chinatown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Kensington Chinatown ranges from $900 to $7,900 with an average monthly rent of $3,708.

How much are larger Three and Four Bedroom Rentals in Kensington Chinatown?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Kensington Chinatown range from $2,500 to $24,397, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $6,200. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $5,652.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.