
Cheap Apartments for Rent in the Riverdale Neighborhood of Toronto, ON from $1,200 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Riverdale area of Toronto.


778 Broadview Ave

15 Eastwood Rd

Beach Suites

852 Broadview Ave

EVOLV
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1887 Queen St E

Beach Park Apartments

Bridge

141 Rhodes Av

70 Cambridge Ave

50 Cambridge Ave
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Riverdale, Toronto, ON Local Guide
How much does it cost to rent an apartment in Riverdale?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent | 
|---|---|---|---|
| Riverdale Studio Apartments | $2,517 | $1,650 | $5,160 | 
| Riverdale 1 Bedroom Apartments | $2,447 | $1,686 | $3,798 | 
| Riverdale 2 Bedroom Apartments | $3,642 | $2,448 | $9,484 | 
| Riverdale 3 Bedroom Apartments | $4,626 | $3,626 | $7,602 | 
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Riverdale Neighborhood of Toronto, ON.
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Cheapest Available Riverdale Apartments for Rent
 The cheapest available apartment rental in the Riverdale area of Toronto, ON is a 1 Bed unit found at Montcrest Apartments A&B priced from $1,599. Rosedale East has the second lowest priced unit, which is a Studio apartment currently listed from $1,650. Here are the most affordable Riverdale apartments for rent in Toronto, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From | 
|---|---|---|---|
| Montcrest Apartments A&B | JR | 1BR,1BA | $1,599 | 
| Rosedale East | Bachelor | Studio,1BA | $1,650 | 
| 778 Broadview Ave | 1 Bedroom | 1BR,1BA | $1,686 | 
| Beach Suites | 1 Bedroom | 1BR,1BA | $1,849 | 
| 441 Kingston Road | 1 Bedroom Apartments | 1BR,1BA | $1,897 | 
Best Value Apartments for Rent in Riverdale, ON
As of October 31, 2025 the best value apartment in the Riverdale area is the $2.36 price per square foot 1 Beds, 1 Baths Model at Eastmount Apartments in the in the Broadview North neighborhood starting from $2,170. The second greatest value Riverdale apartment is the 1 Bedroom Model at Beach Suites starting at $1,849 with a $3.08 price per square foot in the East End Danforth neighborhood. Here is today’s list of the best values for Riverdale apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. | 
|---|---|---|---|
| Eastmount Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.36 | 
| Beach Suites | 1 Bedroom | 1BR,1BA | $3.08 | 
| Bridge | One Bedroom + Den | 1BR,1BA | $4.64 | 
| Beach Park Apartments | 1 Bedroom | 1BR,1BA | $3.39 | 
| Birch House at Canary Landing | A11 | 1BR,1BA | $4.56 | 
| BEACHHILL Apartments | 1 Bed 1 Bath B | 1BR,1BA | $4.44 | 
| 441 Kingston Road | 1 Bedroom Apartments | 1BR,1BA | $4.02 | 
| 778 Broadview Ave | 1 Bedroom | 1BR,1BA | $3.76 | 
| Montcrest Apartments A&B | JR | 1BR,1BA | $3.76 | 
| Rosedale East | Bachelor | Studio ,1BA | $4.13 | 
Frequently Asked Questions about Cheap Riverdale Apartments
What is a cheap apartment in Riverdale?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Riverdale is under $2,195.
What is the price of a cheap apartment in Riverdale?
The cheapest apartment in Riverdale is Montcrest Apartments A&B which is listed at $1,599, while the average apartment in Riverdale costs $3,943.
What types of apartments are the cheapest in Riverdale?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Riverdale that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Riverdale?
Cheap apartments in Riverdale have an average cost of $236 which is $3,707 cheaper than the average rent for all rentals in Riverdale.
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.

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