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$1,500 - $2,200Studio to 2 Bedroom Apartments Available Now
2355 Lake Shore Blvd W
2355 Lake Shore Blvd WToronto, ON M8V 1B7
Cheap Apartments for Rent in the Mimico Neighborhood of Toronto, ON from $1,000 (103 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mimico area of Toronto.
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Rent Specials
$1,7951 Bedroom Apartments Contact Us For Availability
Promenade Apartments
2301 Lakeshore Blvd WToronto, ON M8V 1A7
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Rent Specials
$1,400 - $1,900Studio to 1 Bedroom Apartments Available Now
Marina View Apartments
2303-2307 Lake Shore Blvd WToronto, ON M8V 1A7
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Rent Specials
$1,657 - $2,597Studio to 3 Bedroom Apartments Available Now
Shoreline Towers
2313-2323 Lakeshore Blvd WToronto, ON M8V 1B4
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$1,420 - $1,895Studio to 2 Bedroom Apartments Available Now
Islington Apartments
148 Islington AveToronto, ON M8V 3B6
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$2,200Studio to 3 Bedroom Apartments
2 Superior Avenue
2 Superior AveToronto, ON M8V 2M1
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Studio to 4 Bedroom Apartments
Mimico Co-Operative Homes
1 Summerhill RdToronto, ON M8V 1E2
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1 Bedroom Apartments
Hearthstone By The Bay
2069-2081 Lake Shore Blvd WToronto, ON M8V 3Z4
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Studio Apartments
2230 Lakeshore Blvd W
2230 Lakeshore Blvd WToronto, ON M8V 0B1
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Studio to 1 Bedroom Apartments
Lakeshore
2545-2561 Lakeshore Blvd WToronto, ON M8V 3Y3
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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Studio to 1 Bedroom Apartments
Woods Manor
2835 Lake Shore Blvd WToronto, ON M8V 1H6
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Studio to 3 Bedroom Apartments
Thirty Six Zorra
36 Zorra StToronto, ON M8Z
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1 to 3 Bedroom Apartments
The Tailor
1197 The QueenswayToronto, ON M8Z 1R7
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Studio to 3 Bedroom Apartments
Palace Place
1 Palace Pier CtToronto, ON M8V 3W9
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$1,8001 to 2 Bedroom Apartments
2369 Lake Shore Blvd W
2369 Lake Shore Blvd WToronto, ON M8V 1C2
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$1,850Studio to 1 Bedroom Apartments
2519 Lake Shore Blvd W
2519 Lake Shore Blvd WToronto, ON M8V 1E3
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$2,000 - $2,5501 to 2 Bedroom Apartments
2 Royal York Apartments
2 Royal York RdToronto, ON M8V 2S6
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$2,225Studio to 3 Bedroom Apartments
Landmark Apartments
2493 Lake Shore Blvd WToronto, ON M8V 1E2
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Studio to 2 Bedroom Apartments
The Deauville
2663 Lake Shore Blvd WToronto, ON M8V 1E5
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1 to 2 Bedroom Apartments
Lakeside Court
1 Superior AveToronto, ON M8V 2M1
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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Studio Apartments
Key West
36 Park Lawn RdToronto, ON M8Y 0B6
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1 to 2 Bedroom Apartments
Lorette Manor
250 Twelfth StToronto, ON M8V 3Y8
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1 Bedroom Apartments
8 Sand Beach Rd
8 Sand Beach RdToronto, ON M8V 3Y8
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Studio to 2 Bedroom Apartments
4 Superior Ave
4 Superior AveToronto, ON M8V 2M1
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1 to 3 Bedroom Apartments
Newport Beach Condominium
2111 Lake Shore Blvd WToronto, ON M8V 4B2
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Studio to 3 Bedroom Apartments
Marina Del Rey Phase III
2269 Lake Shore BlvdToronto, ON M8V 3X2
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Studio to 2 Bedroom Apartments
Grand Harbour
2285-2289 Lake Shore BlvdToronto, ON M8V 3X2
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1 Bedroom Apartments
Westlake Village
2200 Lake Shore Blvd WToronto, ON M8V 1A4
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1 Bedroom Apartments
Explore Condominium
58 Marine Parade DrToronto, ON M8V 4G1
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Studio Apartments
Eleven Superior
2398 Lake Shore Blvd WToronto, ON M8V 2J1
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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Studio to 1 Bedroom Apartments
Lakeshore Manor
2517 Lakeshore Blvd WToronto, ON M8V 4E9
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Studio Apartments
Waterscapes
68 Marine Parade DrToronto, ON M8V 0A3
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1 to 2 Bedroom Apartments
2696 Lake Shore Blvd
2696 Lake Shore BlvdToronto, ON M8V 1G8
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Studio to 2 Bedroom Apartments
Riviera Court
6 Royal York RdToronto, ON M8V 2S7
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$1,999 - $2,499Studio to 2 Bedroom Apartments
2335 Lake Shore Blvd W
2335 Lake Shore Blvd WToronto, ON M8V 1B4
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Studio to 2 Bedroom Apartments
2667 Lake Shore Blvd
2667 Lake Shore BlvdToronto, ON M8V 1G8
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Studio to 2 Bedroom Apartments
Cornell Manor I
2693 Lake Shore BlvdToronto, ON M8V 1G8
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1 to 3 Bedroom Apartments
Kilcooley Gardens Co-Op
2339-2345 Lake Shore Blvd WToronto, ON M8V 1B7
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Studio Apartments
The Tides
165-185 Legion RdToronto, ON M8Y 1J6
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1 to 2 Bedroom Apartments
Manhattan Lofts
200 Manitoba StToronto, ON M8Y 3Y9
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.
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Studio Apartments
Waterford
2081-2083 Lake Shore Blvd WToronto, ON M8V 4G2
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1 to 3 Bedroom Apartments
Reina Condos
689 The QueenswayToronto, ON M8Y 1K9
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Studio Apartments
Players Club
2067 Lake Shore Blvd WToronto, ON M8V 4B8
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Studio to 2 Bedroom Apartments
70 15th St
70 15th StToronto, ON M8V 3J5
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Studio to 3 Bedroom Apartments
Waterford Residences
2095 Lake Shore Blvd WToronto, ON M8V 4G2
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Studio Apartments
Grenadier Landing
5 Marine Parade DrToronto, ON M8V 4B4
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Studio to 3 Bedroom Apartments
25 Elizabeth St
25 Elizabeth StToronto, ON M8V 1R5
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Studio to 2 Bedroom Apartments
2361 Lake Shore Blvd
2361 Lake Shore BlvdToronto, ON M8V 1B7
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1 Bedroom Apartments
Jade Waterfront Condos
33 Shore Breeze DrToronto, ON M8V 0G1
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Studio Apartments
Lago at the Waterfront
2151 Lake Shore BlvdToronto, ON M4W 1A7
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Mimico, Toronto, ON Local Guide
How much does it cost to rent an apartment in Mimico?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mimico Studio Apartments | $1,494 | $1,395 | $1,657 |
| Mimico 1 Bedroom Apartments | $1,757 | $1,550 | $1,900 |
| Mimico 2 Bedroom Apartments | $2,358 | $1,895 | $3,200 |
| Mimico 3 Bedroom Apartments | $2,597 | $2,597 | $2,597 |
Browse Apartments in this Neighborhood
There are currently 103 rentals with your search options within a 2 mile radius of the Mimico Neighborhood of Toronto, ON.
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Cheapest Available Mimico Apartments for Rent
The cheapest available apartment rental in the Mimico area of Toronto, ON is a Studio unit found at Mimico Estates priced from $1,395. Marina View Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,400. Here are the most affordable Mimico apartments for rent in Toronto, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mimico Estates | 0 Beds, 1 Baths | Studio,1BA | $1,395 |
| Marina View Apartments | Bachelor | Studio,1BA | $1,400 |
| Islington Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,420 |
| 2355 Lake Shore Blvd W | One Bedroom | 1BR,1BA | $1,800 |
| 2335 Lake Shore Blvd W | One Bedroom Apartment | 1BR,1BA | $1,999 |
| Landmark Apartments | 2 Bedroom | 2BR,1BA | $2,225 |
| Shoreline Towers | 2 bedroom, 1 bath with a balcony | 2BR,1BA | $2,297 |
Best Value Apartments for Rent in Mimico, ON
As of January 19, 2026 the best value apartment in the Mimico area is the $2.78 price per square foot 2 bedroom, 1 bath with a balcony Model at Shoreline Towers in the in the Mimico neighborhood starting from $2,297. The second greatest value Mimico apartment is the 2 Bedroom Model at Landmark Apartments starting at $2,225 with a $2.89 price per square foot in the Mimico neighborhood. Here is today’s list of the best values for Mimico apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shoreline Towers | 2 bedroom, 1 bath with a balcony | 2BR,1BA | $2.78 |
| Landmark Apartments | 2 Bedroom | 2BR,1BA | $2.89 |
| Mimico Estates | 1 Beds, 1 Baths | 1BR,1BA | $2.43 |
| Marina View Apartments | Ground 1 Bedroom | 1BR,1BA | $3.78 |
| 2355 Lake Shore Blvd W | One Bedroom | 1BR,1BA | $4.50 |
| Islington Apartments | 0 Beds, 1 Baths | Studio ,1BA | $4.66 |
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 $2,297.
What is the price of a cheap apartment in Mimico?
The cheapest apartment in Mimico is Islington Apartments which is listed at $1,550, while the average apartment in Mimico costs $2,597.
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 7 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
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!