Cheap Homes for Rent in Oakridge Neighborhood of Toronto, ON from $900 (12 Rentals)

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Search the lowest-cost Homes available for rent right now in the Oakridge area of Toronto.

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.

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 Oakridge Apartments for Rent

 

The cheapest available apartment rental in the Oakridge area of Toronto, ON is a Studio unit found at Crescent Town priced from $1,329. Cambridge Place Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,695. Here are the most affordable Oakridge apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
Crescent TownBachelorStudio,1BA$1,329
Cambridge Place ApartmentsBachelor AStudio,1BA$1,695
Pharmacy Place1 Bedroom1BR,1BA$1,695
Birch TowersJr One Bedroom1BR,1BA$1,750
The Towns on DanforthMiddle 2+den*2BR,2BA$2,271

Best Value Apartments for Rent in Oakridge, ON

As of April 20, 2026 the best value apartment in the Oakridge area is the $2.45 price per square foot Basement 2+den* Model at The Towns on Danforth in the in the Birchcliffe Cliffside neighborhood starting from $2,412. The second greatest value Oakridge apartment is the 1 Bedroom Model at Pharmacy Place starting at $1,695 with a $2.63 price per square foot in the Birchcliffe Cliffside neighborhood. Here is today’s list of the best values for Oakridge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Towns on DanforthBasement 2+den*2BR,2BA$2.45
Pharmacy Place1 Bedroom1BR,1BA$2.63
Birch TowersJr One Bedroom1BR,1BA$3.50
Cambridge Place ApartmentsBachelor AStudio ,1BA$3.45
Crescent TownBachelorStudio ,1BA$3.02

Frequently Asked Questions about Oakridge

What type of rentals are currently available in Oakridge?

There are currently 46 Apartments for Rent in Oakridge, ON with pricing that ranges from $1,329 to $3,299. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakridge ranging from $900 to $3,900.

What is the current price range for Rental Homes in Oakridge?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakridge ranges from $900 to $3,900 with an average monthly rent of $2,211.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.