Cheap 1 Bedroom Apartments for Rent in the Mimico Neighborhood of Toronto, ON from $1,300 (41 Rentals)

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Promenade Apartments
$1,8951 Bedroom Apartments Available Jun 1

Promenade Apartments

2301 Lakeshore Blvd WToronto, ON M8V 1A7
Affordability
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  • Utilities Included
  • Smoke Free

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.

property at 2 Superior Ave

$1,900 - $2,200

1 Bedroom Rentals

Available May 1

2 Superior Ave

TorontoONM8V 2M3

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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SURF
$1,8001 Bedroom Apartments

SURF

2309 Lake Shore Blvd WToronto, ON M8V 1A6
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2311 Lake Shore Blvd W
$1,800 - $1,8501 Bedroom Apartments

2311 Lake Shore Blvd W

2311 Lake Shore Blvd WToronto, ON M8V 1A6
Student Housing
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2369 Lake Shore Blvd W
$1,8001 Bedroom Apartments

2369 Lake Shore Blvd W

2369 Lake Shore Blvd WToronto, ON M8V 1C2
Student Housing
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Mimico Estates
$1,8301 Bedroom Apartments

Mimico Estates

2521-2543 Lake Shore Blvd WToronto, ON M8V 1E5
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2519 Lake Shore Blvd W
$1,8501 Bedroom Apartments

2519 Lake Shore Blvd W

2519 Lake Shore Blvd WToronto, ON M8V 1E3
Student Housing
  • Utilities Included
  • Smoke Free

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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2 Superior Avenue
$1,900 - $2,2501 Bedroom Apartments

2 Superior Avenue

2 Superior AveToronto, ON M8V 2M1

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Frequently Asked Questions about Cheap Mimico Apartments

What is a cheap apartment in Mimico?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mimico is under $1,999.

What is the price of a cheap apartment in Mimico?

The cheapest apartment in Mimico is Islington Apartments which is listed at $1,595, while the average apartment in Mimico costs $2,697.

What types of apartments are the cheapest in Mimico?

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 11 regular apartments in Mimico that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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 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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.