
Cheap Studio Apartments for Rent in the Mimico Neighborhood of Toronto, ON from $1,490 (11 Rentals)


2407 Lake Shore Blvd W

2355 Lake Shore Blvd W

Shoreline Towers

Lakeshore
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.

Mimico Estates

56 Annie Craig Dr, Unit 304

56 Annie Craig Dr, Unit 304

56-356 Annie Craig Dr

26 Albert Avenue
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.

The Deauville
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 | $1,573 | $1,490 | $1,757 |
| Mimico 1 Bedroom Apartments | $1,797 | $1,400 | $2,450 |
| Mimico 2 Bedroom Apartments | $2,605 | $1,790 | $3,353 |
| Mimico 3 Bedroom Apartments | $4,522 | $2,697 | $6,348 |
Explore Toronto
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 $2,295.
What is the price of a cheap apartment in Mimico?
The cheapest apartment in Mimico is Mimico Estates which is listed at $1,490, while the average apartment in Mimico costs $4,522.
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

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.

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.

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.

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.