close
View Me
Rent Specials
$1,999 - $3,315
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,999 - $3,315
Total Monthly Price
$1,999 - $3,315
Fairfield Towers
6 24th StToronto, ON M8V 3N4
Cheap Apartments for Rent in the New Toronto Neighborhood of Toronto, ON from $800 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the New Toronto area of Toronto.
close
View Me
$1,550 - $1,8401 to 2 Bedroom Apartments Available Now
Islington Apartments
148 Islington AveToronto, ON M8V 3B6
close
View Me
$1,799 - $2,549Studio to 2 Bedroom Apartments
155 Lake Shore
155 Lake Shore DrToronto, ON M8V 2A1
close
View Me
Studio to 1 Bedroom Apartments
Woods Manor
2835 Lake Shore Blvd WToronto, ON M8V 1H6
close
View Me
1 to 2 Bedroom Apartments
25th Street Apartments
80-100 Twenty Fifth StToronto, ON M8V 3P9
close
View Me
1 Bedroom Apartments
8 Sand Beach Rd
8 Sand Beach RdToronto, ON M8V 3Y8
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.
close
View Me
Studio to 2 Bedroom Apartments
Seacomber Apartments
95 Twenty Fifth StToronto, ON M8V 3P9
close
View Me
1 to 2 Bedroom Apartments
Lorette Manor
250 Twelfth StToronto, ON M8V 3Y8
close
View Me
1 to 2 Bedroom Apartments
20 14th St
20 14th StToronto, ON M8V 2G9
close
View Me
1 to 3 Bedroom Apartments
William Punnett Housing CO-OP
3077 Lake Shore BlvdToronto, ON M8V 1K7
close
View Me
Studio to 2 Bedroom Apartments
70 15th St
70 15th StToronto, ON M8V 3J5
close
View Me
1 to 4 Bedroom Apartments
Nakiska Co-Operative Homes
3078 Lake Shore BlvdToronto, ON M8V 3G8
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.
close
View Me
Studio to 1 Bedroom Apartments
105 25th St
105 25th StToronto, ON M8V 3P9
close
View Me
1 Bedroom Apartments
185 Symons St
185 Symons StToronto, ON M8V 1V1
close
View Me
Studio Apartments
2711 Lake Shore Blvd
2711 Lake Shore BlvdToronto, ON M8V 1G8
close
View Me
Studio to 1 Bedroom Apartments
10-12 Dwight Ave
10-12 Dwight AveToronto, ON M8V 1H1
close
View Me
Studio Apartments
3150 Lake Shore Blvd W
3150 Lake Shore Blvd WToronto, ON M8V 1J8
close
View Me
Studio Apartments
2719 Lake Shore Blvd
2719 Lake Shore BlvdToronto, ON M8V 3Y8
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
close
View Me
Studio to 2 Bedroom Apartments
12 Sand Beach Rd
12 Sand Beach RdToronto, ON M8V 3Y8
close
View Me
Studio Apartments
122 8th St
122 8th StToronto, ON M8V 1J5
Showing Results 1-20, Page 1 of 1
New Toronto, Toronto, ON Local Guide
How much does it cost to rent an apartment in New Toronto?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Toronto 1 Bedroom Apartments | $1,724 | $1,550 | $1,999 |
| New Toronto 2 Bedroom Apartments | $2,416 | $1,840 | $3,200 |
| New Toronto 3 Bedroom Apartments | $3,315 | $3,315 | $3,315 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the New Toronto Neighborhood of Toronto, ON.
See all Apartments in TorontoExplore Toronto
Let everyone know!
Do you know the New Toronto area?
If you’re an expert on all things New Toronto, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Cheapest Available New Toronto Apartments for Rent
The cheapest available apartment rental in the New Toronto area of Toronto, ON is a 1 Bed unit found at Islington Apartments priced from $1,550. 24 2nd Street Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,795. Here are the most affordable New Toronto apartments for rent in Toronto, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Islington Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,550 |
| 24 2nd Street Apartments | One Bedroom (Standard) | 1BR,1BA | $1,795 |
| 67 Lake Shore Dr | One-Bedroom | 1BR,1BA | $1,900 |
| Fairfield Towers | One Bedroom | 1BR,1BA | $1,999 |
| 155 Lake Shore | 155 Lake Shore - Plan C | 2BR,1BA | $2,549 |
Best Value Apartments for Rent in New Toronto, ON
As of June 08, 2026 the best value apartment in the New Toronto area is the $2.87 price per square foot 155 Lake Shore - Plan C Model at 155 Lake Shore in the in the New Toronto neighborhood starting from $2,549. The second greatest value New Toronto apartment is the One Bedroom Model at Fairfield Towers starting at $1,999 with a $2.30 price per square foot in the Long Branch neighborhood. Here is today’s list of the best values for New Toronto apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 155 Lake Shore | 155 Lake Shore - Plan C | 2BR,1BA | $2.87 |
| Fairfield Towers | One Bedroom | 1BR,1BA | $2.30 |
| 67 Lake Shore Dr | One-Bedroom | 1BR,1BA | $2.24 |
| 24 2nd Street Apartments | One Bedroom (Standard) | 1BR,1BA | $2.76 |
| Islington Apartments | 1 Beds, 1 Baths | 1BR,1BA | $3.78 |
Frequently Asked Questions about Cheap New Toronto Apartments
What is the price of a cheap apartment in New Toronto?
The cheapest apartment in New Toronto is Islington Apartments which is listed at $1,550, while the average apartment in New Toronto costs $3,315.
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
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.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.