Cheap Apartments for Rent in the Riverdale Neighborhood of Toronto, ON from C$1,200 (13 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Riverdale area of Toronto.

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.

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1167 Queen St E
1 to 3 Bedroom Apartments

1167 Queen St E

1167 Queen St EToronto, ON M4M 1L5
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778 Broadview Ave
Studio to 1 Bedroom Apartments

778 Broadview Ave

778 Broadview AveToronto, ON M4K 2P7
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2-12 Kingston Rd
Studio to 1 Bedroom Apartments

2-12 Kingston Rd

2-12 Kingston RdToronto, ON M4L 1S5
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156 Kingston Rd
1 Bedroom Apartments

156 Kingston Rd

156 Kingston RdToronto, ON M4L 1S7

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Beach Suites
1 to 2 Bedroom Apartments

Beach Suites

650 Woodbine AveToronto, ON M4E 2J1
  • Utilities Included

Cheapest Available Riverdale Apartments for Rent

 

The cheapest available apartment rental in the Riverdale area of Toronto, ON is a Studio unit found at 778 Broadview Ave priced from C$1,549. Eastmount Apartments has the second lowest priced unit, which is a Studio apartment currently listed from C$1,750. Here are the most affordable Riverdale apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
778 Broadview AveStudioStudio,1BAC$1,549
Eastmount Apartments0 Beds, 1 BathsStudio,1BAC$1,750
245 Logan AveStudioStudio,1BAC$1,750
EVOLVBelieve1BR,1BAC$2,195
Beach Park Apartments1 Bedroom1BR,1BAC$2,199

Best Value Apartments for Rent in Riverdale, ON

As of June 26, 2025 the best value apartment in the Riverdale area is the C$6.06 price per square foot Two Bedroom (Furnished - 2 Months) Model at 422 Cherry St in the in the Moss Park Regent Park neighborhood starting from C$5,510. The second greatest value Riverdale apartment is the 2 Bedroom(s) and 1 Bathroom(s) Model at Broadview Mansions starting at C$2,619 with a C$3.35 price per square foot in the Riverdale neighborhood. Here is today’s list of the best values for Riverdale apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
422 Cherry StTwo Bedroom (Furnished - 2 Months)2BR,2BAC$6.06
Broadview Mansions2 Bedroom(s) and 1 Bathroom(s)2BR,1BAC$3.35
Beach Park Apartments1 Bedroom1BR,1BAC$3.82
Maple House at Canary LandingA111BR,1BAC$4.80
Birch House at Canary LandingA031BR,1BAC$4.97
BEACHHILL Apartments1 Bed 1 Bath B1BR,1BAC$4.54
EVOLVExpand1BR,1BAC$4.43
778 Broadview Ave1 Bedroom1BR,1BAC$5.13
Eastmount Apartments0 Beds, 1 BathsStudio ,1BAC$4.49
245 Logan AveStudioStudio ,1BAC$5.70

Frequently Asked Questions about Cheap Riverdale Apartments

How much is rent for a Cheap One Bedroom Riverdale Apartment?

The lowest price for a Cheap One Bedroom Riverdale Apartment is C$2,075 at Eastmount Apartments.

What is the lowest price for a Cheap Two Bedroom Riverdale Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Riverdale is starting from C$2,619 at Broadview Mansions.

What is the most affordable Riverdale Three Bedroom Apartment?

The best deal on a cheap Riverdale Three Bedroom Apartment rental is at EVOLV and starts from C$3,540.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.