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$1,499Studio Apartments Contact Us For Availability
778 Broadview Ave
778 Broadview AveToronto, ON M4K 2P7
Cheap Apartments for Rent in the Riverdale Neighborhood of Toronto, ON from $1,200 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Riverdale area of Toronto.
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$1,650 - $2,800Studio to 2 Bedroom Apartments Available Now
Rosedale East
50-70 Cambridge AveToronto, ON M4K 2L3
Upper-level level 2 bedroom apartment
789 Woodbine Ave
TorontoONM4E 2J5
15 Eastwood Rd
TorontoONM4L 2C4
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$1,7501 Bedroom Apartments Contact Us For Availability
Donlands Apartments
5 Donlands AveToronto, ON M4J 1M2
5 Donlands Ave
TorontoONM4J 3N5
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.
852 Broadview Ave
TorontoONM4K 2R1
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$1,899 - $2,4481 to 2 Bedroom Apartments Available Now
Beach Park Apartments
223 Woodbine AveToronto, ON M4L 1N7
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$1,899 - $2,6311 to 2 Bedroom Apartments Available Now
Beach Suites
650 Woodbine AveToronto, ON M4E 2J1
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$1,925 - $4,995Studio to 4 Bedroom Apartments Available Now
Bridge
1060 Eastern AvToronto, ON M4L 0B8
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$1,995 - $3,1251 to 2 Bedroom Apartments Available Now
BEACHHILL Apartments
763 Woodbine AveToronto, ON M4E 2J4
70 Cambridge Ave
TorontoONM4K 1R8
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.
50 Cambridge Ave
TorontoONM4K 2L3
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$1,549 - $2,799Studio to 2 Bedroom Apartments
Montcrest Apartments A&B
10 Hogarth AveToronto, ON M4K 2P1
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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Showing Results 1-20, Page 1 of 1
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 | $3,667 | $1,499 | $10,000+ |
| Riverdale 1 Bedroom Apartments | $2,412 | $1,750 | $3,821 |
| Riverdale 2 Bedroom Apartments | $3,225 | $1,725 | $6,190 |
| Riverdale 3 Bedroom Apartments | $4,319 | $3,650 | $5,525 |
Browse Apartments in this Neighborhood
There are currently 20 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 $1,549. 779-781 Danforth has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,595. 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 | $1,549 |
| 779-781 Danforth | 2 Bed 1 Bath A | 2BR,1BA | $1,595 |
| Rosedale East | Bachelor | Studio,1BA | $1,650 |
| 441 Kingston Road | 1 Bedroom Apartments | 1BR,1BA | $1,897 |
| Beach Suites | 1 Bedroom | 1BR,1BA | $1,899 |
Best Value Apartments for Rent in Riverdale, ON
As of December 15, 2025 the best value apartment in the Riverdale area is the $4.24 price per square foot Three Bedroom Model at Bridge in the in the Riverdale neighborhood starting from $4,595. The second greatest value Riverdale apartment is the 2 Bed 1 Bath A Model at 779-781 Danforth starting at $1,595 with a $1.68 price per square foot in the Playter Estates 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. |
|---|---|---|---|
| Bridge | Three Bedroom | 3BR,2BA | $4.24 |
| 779-781 Danforth | 2 Bed 1 Bath A | 2BR,1BA | $1.68 |
| Eastmount Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.34 |
| Beach Suites | 1 Bedroom | 1BR,1BA | $3.17 |
| Beach Park Apartments | 1 Bedroom | 1BR,1BA | $3.30 |
| BEACHHILL Apartments | 1 Bed 1 Bath B | 1BR,1BA | $3.96 |
| EVOLV | Refresh | 1BR,1BA | $4.66 |
| 441 Kingston Road | 1 Bedroom Apartments | 1BR,1BA | $4.02 |
| Rosedale East | Bachelor | Studio ,1BA | $4.13 |
| Montcrest Apartments A&B | Studio, 1 bath | Studio ,1BA | $4.14 |
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 $1,549, while the average apartment in Riverdale costs $4,057.
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 9 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 $404 which is $3,653 cheaper than the average rent for all rentals in Riverdale.
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
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.