Cheap Homes for Rent in Old East York Neighborhood of Toronto, ON from $1,300 (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 1 Bed unit found at Tiara Mansions priced from $1,600. 2&4 Milepost has the second lowest priced unit, which is a Studio apartment currently listed from $1,700. Here are the most affordable Old East York apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
Tiara MansionsJr 1 - 1 Bedroom1BR,1BA$1,600
2&4 MilepostBachelorStudio,1BA$1,700
42 Thorncliffe ParkOne Bedroom1BR,1BA$1,750
53 Thorncliffe Park DriveOne Bedroom Apartment1BR,1BA$1,849
240 Cosburn Ave1 Bedroom1BR,1BA$1,849

Best Value Apartments for Rent in Old East York, ON

As of April 26, 2026 the best value apartment in the Old East York area is the $2.42 price per square foot 3 Beds, 2 baths Model at Rideau Towers in the in the Old East York neighborhood starting from $3,190. 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 Towers3 Beds, 2 baths3BR,2BA$2.42
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$2.93
42 Thorncliffe ParkOne Bedroom1BR,1BA$2.40
Milepost Manor1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$2.99
240 Cosburn Ave1 Bedroom1BR,1BA$2.82

Frequently Asked Questions about Old East York

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

There are currently 64 Apartments for Rent in Old East York, ON with pricing that ranges from $1,600 to $3,190. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old East York ranging from $1,300 to $6,500.

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 $1,300 to $6,500 with an average monthly rent of $3,518.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.