Cheap Homes for Rent in Mimico Neighborhood of Toronto, ON from $1,500 (60 Rentals)

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

property at 69 Third St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

1 Bedroom, 1 Bath Home for Rent

Available Now

69 Third St

TorontoONM8V 2X7

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Cheapest Available Mimico Apartments for Rent

 

The cheapest available apartment rental in the Mimico area of Toronto, ON is a 1 Bed unit found at Marina View Apartments priced from $1,400. Mimico Estates has the second lowest priced unit, which is a Studio apartment currently listed from $1,490. Here are the most affordable Mimico apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
Marina View Apartments1 Bedroom1BR,1BA$1,400
Mimico Estates0 Beds, 1 BathsStudio,1BA$1,490
Islington Apartments1 Beds, 1 Baths1BR,1BA$1,550
2355 Lake Shore Blvd WStudioStudio,1BA$1,550
Shoreline TowersBachelor, 1 bath with a balconyStudio,1BA$1,757
2335 Lake Shore Blvd WOne Bedroom Apartment1BR,1BA$1,999

Best Value Apartments for Rent in Mimico, ON

As of June 20, 2026 the best value apartment in the Mimico area is the $2.26 price per square foot 0 Beds, 1 Baths Model at Mimico Estates in the in the Mimico neighborhood starting from $1,490. The second greatest value Mimico apartment is the 1 Bedroom Model at Marina View Apartments starting at $1,400 with a $3.11 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Mimico Estates0 Beds, 1 BathsStudio ,1BA$2.26
Marina View Apartments1 Bedroom1BR,1BA$3.11
Islington Apartments1 Beds, 1 Baths1BR,1BA$3.78
Shoreline TowersBachelor, 1 bath with a balconyStudio ,1BA$4.32
2355 Lake Shore Blvd WStudioStudio ,1BA$4.86

Frequently Asked Questions about Mimico

What type of rentals are currently available in Mimico?

There are currently 358 Apartments for Rent in Mimico, ON with pricing that ranges from $1,000 to $8,831. There are also 224 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mimico ranging from $1,550 to $10,000.

What is the current price range for Rental Homes in Mimico?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Mimico ranges from $1,550 to $10,000 with an average monthly rent of $3,172.

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

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