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$1,979 - $3,315
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,979 - $3,315
Total Monthly Price
$1,979 - $3,315
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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$1,615 - $1,7901 to 2 Bedroom Apartments Available Now
Islington Apartments
148 Islington AveToronto, ON M8V 3B6
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$1,799 - $2,549Studio 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
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.
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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
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.
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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
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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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 | $1,729 | $1,595 | $1,979 |
| New Toronto 2 Bedroom Apartments | $2,399 | $1,790 | $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.
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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 $1,615. Fairfield Towers has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,979. 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 | $1,615 |
| Fairfield Towers | One Bedroom | 1BR,1BA | $1,979 |
| 24 2nd Street Apartments | Premium Two Bedroom | 2BR,1BA | $2,295 |
| 155 Lake Shore | 155 Lake Shore - Plan B | 2BR,1BA | $2,549 |
Best Value Apartments for Rent in New Toronto, ON
As of July 23, 2026 the best value apartment in the New Toronto area is the $2.27 price per square foot One Bedroom Model at Fairfield Towers in the in the Long Branch neighborhood starting from $1,979. The second greatest value New Toronto apartment is the 155 Lake Shore - Plan B Model at 155 Lake Shore starting at $2,549 with a $2.94 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 | One Bedroom | 1BR,1BA | $2.27 |
| 155 Lake Shore | 155 Lake Shore - Plan B | 2BR,1BA | $2.94 |
| 24 2nd Street Apartments | Premium Two Bedroom | 2BR,1BA | $2.87 |
| 39 Vanevery St, Unit Lower Level | 39 Vanevery St | 1BR,1BA | $2.50 |
| Islington Apartments | 1 Beds, 1 Baths | 1BR,1BA | $3.94 |
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 $1,615, 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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
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.