Cheap Apartments for Rent in the Mount Pleasant East Neighborhood of Toronto, ON from $1,365 (144 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Mount Pleasant East area of Toronto.

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Upper Canada Apartments 165
$1,495Studio Apartments Available Soon

Upper Canada Apartments 165

165 Erskine AveToronto, ON M4P 2A1
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890 Mount Pleasant Apartments
$1,550 - $2,195Studio to 2 Bedroom Apartments Available Oct 1

890 Mount Pleasant Apartments

890 Mt Pleasant RdToronto, ON M4P 2L4
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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.

property at 445 Eglinton Ave E
$1,600 - $1,650
Studio Rentals
Available Now
Affordability

445 Eglinton Ave E

TorontoONM4P 1N1

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.

property at 420 Eglinton Ave E
$1,750 - $2,995
1 To 2 Bedroom Rentals
Available Now
Affordability

420 Eglinton Ave E

TorontoONM4P 1S3
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Redpath Towers
Rent Specials
$1,775 - $2,600

Total Monthly Price

Base Rent$1,775 - $2,600

Total Monthly Price$1,775 - $2,600
Studio to 2 Bedroom Apartments Available Now

Redpath Towers

95 Redpath AveToronto, ON M4S 2K1
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Upper Canada Court, West
$1,799 - $2,345Studio to 2 Bedroom Apartments Available Now

Upper Canada Court, West

110 Erskine AveToronto, ON M4P 2A1
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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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88 Redpath Avenue
Rent Specials
$1,899 - $2,792

Total Monthly Price

Base Rent$1,899 - $2,792

Total Monthly Price$1,899 - $2,792
Studio to 3 Bedroom Apartments Available Now

88 Redpath Avenue

88 Redpath AveToronto, ON M4S 1J8
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property at 411 Eglinton Ave E
$2,080 - $2,300
1 To 2 Bedroom Rentals
Available Sep 30
Affordability

411 Eglinton Ave E

TorontoONM4P 1M7
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1000 Mount Pleasant
$2,100 - $2,785Studio to 2 Bedroom Apartments Available Oct 1

1000 Mount Pleasant

1000 Mt Pleasant RdToronto, ON M4P 2M2
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Balliol Park
Rent Specials
$2,100 - $3,350

Total Monthly Price

Base Rent$2,100 - $3,350

Total Monthly Price$2,100 - $3,350
Studio to 2 Bedroom Apartments Available Now

Balliol Park

118 Balliol StToronto, ON M4S 0A9
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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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1911 Bayview Ave
$1,595 - $1,995Studio to 2 Bedroom Apartments

1911 Bayview Ave

1911 Bayview AveToronto, ON M4G 3E4
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168 Erskine
$1,599Studio to 2 Bedroom Apartments

168 Erskine

168-170 Erskine AveToronto, ON M4P 2L8
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Erskine Heights
$1,600 - $1,795

Total Monthly Price

Base Rent$1,600 - $1,795

Total Monthly Price$1,600 - $1,795
Studio to 2 Bedroom Apartments

Erskine Heights

141 Erskine AveToronto, ON M4P 1Y9
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Pleasant Manor
$1,600Studio to 1 Bedroom Apartments

Pleasant Manor

501 Mt Pleasant RdToronto, ON M4S 2M6
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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.

Cheapest Available Mount Pleasant East Apartments for Rent

 

The cheapest available apartment rental in the Mount Pleasant East area of Toronto, ON is a Studio unit found at Brentwood Towers priced from $1,415. 200 Roehampton has the second lowest priced unit, which is a Studio apartment currently listed from $1,450. Here are the most affordable Mount Pleasant East apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
Brentwood TowersBachelorStudio, 1BA$1,415
200 RoehamptonBachelorStudio, 1BA$1,450
657 BalliolbachlorStudio, 1BA$1,500
Yonge Eglinton Apartments1 bedroom1BR, 1BA$1,555
Davisville Tower0 Beds, 1 BathsStudio, 1BA$1,600
Pleasant Manor0 Beds, 1 BathsStudio, 1BA$1,600
196 Eglinton Avenue EastBachelorStudio, 1BA$1,607
Davisville Village0 Beds, 1 BathsStudio, 1BA$1,625
77 DavisvilleSBStudio, 1BA$1,685
225 Davisville AvenueReno Studio, Large, 1Bth, BalconyStudio, 1BA$1,699

Best Value Apartments for Rent in Mount Pleasant East, ON

As of September 19, 2026 the best value apartment in the Mount Pleasant East area is the $3.07 price per square foot Two Bedroom Model at 221 Balliol Street in the Mount Pleasant East neighborhood starting from $2,499. The second greatest value Mount Pleasant East apartment is the 2 Bedroom Model at Upper Canada Court, Centre in the Banbury Don Mills York Mills neighborhood starting at $2,400 with a $2.94 price per square foot. Here is today’s list of the best values for Mount Pleasant East apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
221 Balliol StreetTwo Bedroom2BR, 1.5BA$3.07
Upper Canada Court, Centre2 Bedroom2BR, 1BA$2.94
Mount Pleasant SuitesTwo Bedroom2BR, 1BA$2.85
3 Broadway2 Bedroom2BR, 1BA$2.89
Brentwood Towers1 Bedroom1BR, 1BA$2.49
177 Redpath1 Bedroom1BR, 1BA$2.71
Yonge Eglinton Apartments1 bedroom1BR, 1BA$2.25
Balliol Towers Apartments1 Bedroom1BR, 1BA$3.00
88 Redpath Avenue1 Bedroom1BR, 1BA$3.14
Upper Canada Court, West1 Bedroom1BR, 1BA$3.00

Frequently Asked Questions about Cheap Mount Pleasant East Apartments

What is a cheap apartment in Mount Pleasant East?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mount Pleasant East is under $1,699.

What is the price of a cheap apartment in Mount Pleasant East?

The cheapest apartment in Mount Pleasant East is Yonge Eglinton Apartments which is listed at $1,555, while the average apartment in Mount Pleasant East costs $2,280.

What types of apartments are the cheapest in Mount Pleasant East?

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 33 regular apartments in Mount Pleasant East that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Mount Pleasant East?

Cheap apartments in Mount Pleasant East have an average cost of $341 which is $1,939 cheaper than the average rent for all rentals in Mount Pleasant East.

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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Rent According to Income: A Look at Income-Restricted Rentals

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.