
Cheap Homes for Rent in New Toronto Neighborhood of Toronto, ON from C$1,500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the New Toronto area of Toronto.


3309-3309 Lake Shore Blvd W

32 Seventh St

76 MacDonald St
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.

68-68 Fifteenth St

105-105 Twenty Fifth St

62-62 Murrie St

68-68 Fifteenth St
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.

177 Sixth St
New Toronto, Toronto, ON Local Guide
How much does it cost to rent a home in New Toronto?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
New Toronto 2 Bedroom Homes for Rent | C$2,315 | C$1,800 | C$2,850 |
New Toronto 3 Bedroom Homes for Rent | C$3,498 | C$2,795 | C$4,200 |
New Toronto 5 Bedroom Homes for Rent | C$5,083 | C$3,050 | C$7,900 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the New Toronto Neighborhood of Toronto, ON.
Explore Toronto
Cheapest Available New Toronto Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Islington Apartments | 0 Beds, 1 Baths | Studio,1BA | C$1,600 |
155 Lake Shore | 155 Lake Shore - Plan B | 2BR,1BA | C$2,599 |
Best Value Apartments for Rent in New Toronto, ON
As of September 09, 2025 the best value apartment in the New Toronto area is the C$3.00 price per square foot 155 Lake Shore - Plan B Model at 155 Lake Shore in the in the New Toronto neighborhood starting from C$2,599. The second greatest value New Toronto apartment is the 0 Beds, 1 Baths Model at Islington Apartments starting at C$1,600 with a C$5.25 price per square foot in the Mimico 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 B | 2BR,1BA | C$3.00 |
Islington Apartments | 0 Beds, 1 Baths | Studio ,1BA | C$5.25 |
Frequently Asked Questions about New Toronto
What type of rentals are currently available in New Toronto?
There are currently 125 Apartments for Rent in New Toronto, ON with pricing that ranges from C$1,600 to C$3,200. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Toronto ranging from C$1,599 to C$7,900.
What is the current price range for Rental Homes in New Toronto?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Toronto ranges from C$1,599 to C$7,900 with an average monthly rent of C$2,882.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.