Cheap Homes for Rent in Kensington Chinatown Neighborhood of Toronto, ON from $900 (127 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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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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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 Apartments priced from $1,400. 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 ApartmentsRenovated BachelorStudio,1BA$1,400
Toronto HouseStudioStudio,1BA$1,995
The DarcyRegular StudioStudio,1BA$2,303
WaverleyHelm 21BR,1BA$3,115

Best Value Apartments for Rent in Kensington Chinatown, ON

As of June 22, 2026 the best value apartment in the Kensington Chinatown area is the $7.69 price per square foot Third Level Model at 23 Ross in the in the Kensington Chinatown neighborhood starting from $7,650. The second greatest value Kensington Chinatown apartment is the Two Bedroom Model at Toronto House starting at $3,750 with a $4.55 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.
23 RossThird Level3BR,3BA$7.69
Toronto HouseTwo Bedroom2BR,2BA$4.55
The Darcy1 bed room plus den1BR,1BA$4.70
WaverleyHelm 21BR,1BA$5.83
Grange ApartmentsRenovated BachelorStudio ,1BA$2.80

Frequently Asked Questions about Kensington Chinatown

What type of rentals are currently available in Kensington Chinatown?

There are currently 165 Apartments for Rent in Kensington Chinatown, ON with pricing that ranges from $1,650 to $10,579. There are also 315 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 $3,654.

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 $3,699 to $9,690, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $4,600. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $5,600.

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 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.

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

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.