Cheap Homes for Rent in Old East York Neighborhood of Toronto, ON from $1,200 (14 Rentals)

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Search the lowest-cost Homes available for rent right now in the Old East York 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 Old East York Apartments for Rent

 

The cheapest available apartment rental in the Old East York area of Toronto, ON is a Studio unit found at 2&4 Milepost priced from $1,700. 111 Cosburn Avenue has the second lowest priced unit, which is a Studio apartment currently listed from $1,715. Here are the most affordable Old East York apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
2&4 MilepostBachelorStudio,1BA$1,700
111 Cosburn AvenueBachelor*Studio,1BA$1,715
Centennial TowersJr. 1 Bedroom1BR,1BA$1,750
42 Thorncliffe ParkOne Bedroom1BR,1BA$1,750
Rideau TowersOne Bedroom1BR,1BA$1,800

Best Value Apartments for Rent in Old East York, ON

As of June 11, 2026 the best value apartment in the Old East York area is the $2.59 price per square foot Three Bedroom Model at Rideau Towers in the in the Old East York neighborhood starting from $3,000. The second greatest value Old East York apartment is the One Bedroom Apartment Model at 53 Thorncliffe Park Drive starting at $1,849 with a $1.92 price per square foot in the Old East York neighborhood. Here is today’s list of the best values for Old East York apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rideau TowersThree Bedroom3BR,1.5BA$2.59
53 Thorncliffe Park DriveOne Bedroom Apartment1BR,1BA$1.92
Tiara Mansions2 Bedroom2BR,1BA$2.34
44 Thorncliffe Park Drive2 bedroom, one bathroom, with balcony2BR,1BA$2.68
Thorncliffe Park Apartments1 Bed, 1 bath1BR,1BA$2.81
42 Thorncliffe ParkOne Bedroom1BR,1BA$2.40
Milepost Manor1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$2.99
Centennial TowersJr. 1 Bedroom1BR,1BA$2.69
111 Cosburn AvenueBachelor*Studio ,1BA$3.90

Frequently Asked Questions about Old East York

What type of rentals are currently available in Old East York?

There are currently 65 Apartments for Rent in Old East York, ON with pricing that ranges from $1,600 to $7,560. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old East York ranging from $1,295 to $3,250.

What is the current price range for Rental Homes in Old East York?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Old East York ranges from $1,295 to $3,250 with an average monthly rent of $2,118.

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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.