Cheap Apartments for Rent in the Riverdale Neighborhood of Toronto, ON from $1,200 (166 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Bridge
Rent Specials
$1,950 - $5,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,950 - $5,395
Total Monthly Price
$1,950 - $5,395
Studio to 3 Bedroom Apartments Available Now

Bridge

1060 Eastern AvToronto, ON M4L 0B8
Student Housing
  • Verified
  • 3D Tour
property at 33 Eastmount Ave

$1,985 - $3,395

1 To 3 Bedroom Rentals

Available Now

Eastmount Apartments

33 Eastmount Ave
TorontoONM4K 1V3

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.

Read Article
property at 70 Cambridge Ave

$1,950 - $2,600

1 To 2 Bedroom Rentals

Available Now

70 Cambridge Ave

TorontoONM4K 1R8
property at 50 Cambridge Ave

$1,950 - $2,600

1 To 2 Bedroom Rentals

Available Now

50 Cambridge Ave

TorontoONM4K 2L3
close
View Me
BEACHHILL Apartments
Rent Specials
$2,190 - $2,925
Total Monthly Price

Total Monthly Price

Base Rent
$2,190 - $2,925
Total Monthly Price
$2,190 - $2,925
1 to 2 Bedroom Apartments Available Now

BEACHHILL Apartments

763 Woodbine AveToronto, ON M4E 2J4
Affordability
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
1167 Queen St E
$1,200 - $4,0001 to 3 Bedroom Apartments

1167 Queen St E

1167 Queen St EToronto, ON M4M 1L5
  • Utilities Included

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.

Read Article
close
View Me
Gerrard Suites
$1,450Studio Apartments

Gerrard Suites

1908 Gerrard StToronto, ON M4L 2C1
  • Smoke Free
close
View Me
2-12 Kingston Rd
$1,545 - $1,7001 Bedroom Apartments

2-12 Kingston Rd

2-12 Kingston RdToronto, ON M4L 1S5
  • Utilities Included
close
View Me
Hillsdale Manor
$1,550 - $1,800Studio to 2 Bedroom Apartments

Hillsdale Manor

818 Broadview AveToronto, ON M4K 2P7
  • Utilities Included
  • Smoke Free

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.

Read Article
close
View Me
778 BROADVIEW AVE
$1,599Studio to 1 Bedroom Apartments

778 BROADVIEW AVE

778 Broadview AveToronto, ON M4K 2P7
  • Utilities Included
close
View Me
Eastwood Manor
$1,649 - $2,199Studio to 2 Bedroom Apartments

Eastwood Manor

15 Eastwood RdToronto, ON M4L 2C4
  • Utilities Included
  • Smoke Free

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.

Read Article
property at 646 Broadview Av

$1,745

Total Monthly Price

Total Monthly Price

Base Rent
$1,745
Total Monthly Price
$1,745

Studio, 1 Bath Home for Rent

Available Now

646 Broadview Av

TorontoONM4K 2P1
close
View Me
156 Kingston Rd
$1,8001 Bedroom Apartments

156 Kingston Rd

156 Kingston RdToronto, ON M4L 1S7

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
Showing Results 1-50, Page 1 of 4

Cheapest Available Riverdale Apartments for Rent

 

The cheapest available apartment rental in the Riverdale area of Toronto, ON is a Studio unit found at Hillsdale Manor priced from $1,550. 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 ListingModel NameBed/BathPriced From
Hillsdale ManorStudioStudio,1BA$1,550
Rosedale EastBachelorStudio,1BA$1,650
Donlands ApartmentsOne Bedroom1BR,1BA$1,650
Broadview Mansions0 Bedroom(s) and 1 Bathroom(s)Studio,1BA$1,809
EVOLVStrideStudio,1BA$1,950
BridgeStudioStudio,1BA$1,950
Eastmount Apartments1 Beds, 1 Baths1BR,1BA$1,985
Beach Park Apartments1 Bedroom1BR,1BA$2,149
BEACHHILL Apartments1 Bed 1 Bath A1BR,1BA$2,190
Birch House at Canary LandingA141BR,1BA$2,285

Best Value Apartments for Rent in Riverdale, ON

As of May 04, 2026 the best value apartment in the Riverdale area is the $4.14 price per square foot TC1 Model at Birch House at Canary Landing in the in the Moss Park Regent Park neighborhood starting from $4,156. The second greatest value Riverdale apartment is the 1 Beds, 1 Baths Model at Eastmount Apartments starting at $1,985 with a $2.66 price per square foot in the Broadview North 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.
Birch House at Canary LandingTC13BR,2BA$4.14
Eastmount Apartments1 Beds, 1 Baths1BR,1BA$2.66
Donlands ApartmentsOne Bedroom1BR,1BA$2.49
BridgeOne Bedroom + Den1BR,1BA$4.28
Beach Park Apartments1 Bedroom1BR,1BA$3.74
Maple House at Canary LandingA81BR,1BA$4.84
BEACHHILL Apartments1 Bed 1 Bath A1BR,1BA$4.53
Broadview Mansions0 Bedroom(s) and 1 Bathroom(s)Studio ,1BA$4.26
Rosedale EastBachelorStudio ,1BA$4.13
Hillsdale ManorStudioStudio ,1BA$3.88

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 $2,285.

What is the price of a cheap apartment in Riverdale?

The cheapest apartment in Riverdale is Donlands Apartments which is listed at $1,650, while the average apartment in Riverdale costs $4,608.

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 241 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 $2,609 which is $1,999 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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.