Cheap Homes for Rent in the Kensington Chinatown Neighborhood of Toronto, ON from $1,000 (123 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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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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 $2,175. Toronto House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,475. Here are the most affordable Kensington Chinatown apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
Grange ApartmentsRenovated Two Bedroom2BR,1BA$2,175
Toronto HouseJunior 1 BR1BR,1BA$2,475
WaverleyMillan 41BR,1BA$3,330
23 RossThird Level3BR,3BA$6,000

Best Value Apartments for Rent in Kensington Chinatown, ON

As of August 09, 2026 the best value apartment in the Kensington Chinatown area is the $1.98 price per square foot Renovated Two Bedroom Model at Grange Apartments in the in the Kensington Chinatown neighborhood starting from $2,175. The second greatest value Kensington Chinatown apartment is the Third Level Model at 23 Ross starting at $6,000 with a $6.03 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.
Grange ApartmentsRenovated Two Bedroom2BR,1BA$1.98
23 RossThird Level3BR,3BA$6.03
WaverleyMillan 41BR,1BA$5.40
Toronto HouseJunior 1 BR1BR,1BA$5.95

Frequently Asked Questions about Kensington Chinatown

What type of rentals are currently available in Kensington Chinatown?

There are currently 171 Apartments for Rent in Kensington Chinatown, ON with pricing that ranges from $1,750 to $13,288. There are also 306 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kensington Chinatown ranging from $1,049 to $16,000.

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 $1,049 to $16,000 with an average monthly rent of $3,180.

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 $6,241, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $16,000. Four Bedroom Single-Family rentals are also available starting from $4,000 and Four Bedroom Apartments start at $4,800.

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 Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.