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$1,999 - $3,3151 to 3 Bedroom Apartments Available Now
Fairfield Towers
6 24th StToronto, ON M8V 3N4
Cheap Apartments for Rent in the New Toronto Neighborhood of Toronto, ON from $1,500 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the New Toronto area of Toronto.
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$1,550 - $1,7901 to 2 Bedroom Apartments Available Now
Islington Apartments
148 Islington AveToronto, ON M8V 3B6
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$1,924 - $2,199Studio to 2 Bedroom Apartments
155 Lake Shore
155 Lake Shore DrToronto, ON M8V 2A1
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Studio to 1 Bedroom Apartments
Woods Manor
2835 Lake Shore Blvd WToronto, ON M8V 1H6
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1 to 2 Bedroom Apartments
25th Street Apartments
80-100 Twenty Fifth StToronto, ON M8V 3P9
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1 Bedroom Apartments
8 Sand Beach Rd
8 Sand Beach RdToronto, ON M8V 3Y8
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 2 Bedroom Apartments
Seacomber Apartments
95 Twenty Fifth StToronto, ON M8V 3P9
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1 to 2 Bedroom Apartments
Lorette Manor
250 Twelfth StToronto, ON M8V 3Y8
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1 to 2 Bedroom Apartments
20 14th St
20 14th StToronto, ON M8V 2G9
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1 to 3 Bedroom Apartments
William Punnett Housing CO-OP
3077 Lake Shore BlvdToronto, ON M8V 1K7
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Studio to 2 Bedroom Apartments
70 15th St
70 15th StToronto, ON M8V 3J5
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1 to 4 Bedroom Apartments
Nakiska Co-Operative Homes
3078 Lake Shore BlvdToronto, ON M8V 3G8
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 to 1 Bedroom Apartments
105 25th St
105 25th StToronto, ON M8V 3P9
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1 Bedroom Apartments
185 Symons St
185 Symons StToronto, ON M8V 1V1
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Studio Apartments
2711 Lake Shore Blvd
2711 Lake Shore BlvdToronto, ON M8V 1G8
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Studio to 1 Bedroom Apartments
10-12 Dwight Ave
10-12 Dwight AveToronto, ON M8V 1H1
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Studio Apartments
3150 Lake Shore Blvd W
3150 Lake Shore Blvd WToronto, ON M8V 1J8
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Studio Apartments
2719 Lake Shore Blvd
2719 Lake Shore BlvdToronto, ON M8V 3Y8
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 2 Bedroom Apartments
12 Sand Beach Rd
12 Sand Beach RdToronto, ON M8V 3Y8
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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 | $1,699 | $1,550 | $1,999 |
| New Toronto 2 Bedroom Apartments | $2,456 | $1,790 | $3,200 |
| New Toronto 3 Bedroom Apartments | $3,315 | $3,315 | $3,315 |
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.
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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. 155 Lake Shore has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,924. 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 |
| 155 Lake Shore | 1 Bed Promotional price for 8 months | 1BR,1BA | $1,924 |
| Fairfield Towers | One Bedroom | 1BR,1BA | $1,999 |
| 67 Lake Shore Dr | One-Bedroom | 1BR,1BA | $2,000 |
Best Value Apartments for Rent in New Toronto, ON
As of March 10, 2026 the best value apartment in the New Toronto area is the $2.43 price per square foot Two Bedroom Model at Fairfield Towers in the in the Long Branch neighborhood starting from $2,379. The second greatest value New Toronto apartment is the 155 Lake Shore - Plan B Model at 155 Lake Shore starting at $2,199 with a $3.24 price per square foot in the New Toronto 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. |
|---|---|---|---|
| Fairfield Towers | Two Bedroom | 2BR,1BA | $2.43 |
| 155 Lake Shore | 155 Lake Shore - Plan B | 1BR,1BA | $3.24 |
| 67 Lake Shore Dr | Two-Bedroom | 2BR,1BA | $3.83 |
| 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.
What types of apartments are the cheapest in New Toronto?
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 2 regular apartments in New Toronto 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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
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.