Cheap Apartments for Rent in the Riverdale Neighborhood of Toronto, ON from $1,200 (174 Rentals)

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

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Rosedale East
Rent Specials
$1,650 - $2,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,650 - $2,600

Total Monthly Price
$1,650 - $2,600
Studio to 2 Bedroom Apartments Available Now

Rosedale East

50-70 Cambridge AveToronto, ON M4K 2L3
Affordability
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  • Utilities Included
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property at 33 Eastmount Ave

$1,920 - $2,585

1 To 2 Bedroom Rentals

Available Now

Eastmount Apartments

33 Eastmount Ave
TorontoONM4K 1V3

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Bridge
Rent Specials
$2,095 - $5,395
Total Monthly Price

Total Monthly Price

Base Rent
$2,095 - $5,395

Total Monthly Price
$2,095 - $5,395
Studio to 3 Bedroom Apartments Available Now

Bridge

1060 Eastern AvToronto, ON M4L 0B8
Student Housing
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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
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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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Gerrard Suites
$1,450Studio Apartments

Gerrard Suites

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

2-12 Kingston Rd

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

Hillsdale Manor

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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Montcrest Apartments A&B
$1,599 - $2,299Studio to 2 Bedroom Apartments

Montcrest Apartments A&B

10 Hogarth AveToronto, ON M4K 2P1
  • Utilities Included
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158 Kingston Rd
$1,625 - $1,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,625 - $1,750

Total Monthly Price
$1,625 - $1,750
1 Bedroom Apartments

158 Kingston Rd

158 Kingston RdToronto, ON M4L 1S7
  • Utilities Included
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Eastwood Manor
$1,649 - $2,199Studio to 2 Bedroom Apartments

Eastwood Manor

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

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.

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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 Riverdale Apartments for Rent

 

The cheapest available apartment rental in the Riverdale area of Toronto, ON is a 1 Bed unit found at Donlands Apartments priced from $1,599. Montcrest Apartments A&B has the second lowest priced unit, which is a Studio apartment currently listed from $1,599. Here are the most affordable Riverdale apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
Donlands ApartmentsOne Bedroom1BR,1BA$1,599
Montcrest Apartments A&BBachelorStudio,1BA$1,599
158 Kingston Rd1 Bedroom1BR,1BA$1,625
Rosedale EastBachelorStudio,1BA$1,650
Broadview Mansions0 Bedroom(s) and 1 Bathroom(s)Studio,1BA$1,769
Beach Park Apartments1 Bedroom1BR,1BA$1,849
Eastmount Apartments1 Beds, 1 Baths1BR,1BA$1,950
Beach Suites1 Bedroom1BR,1BA$1,999
EVOLVReignite1BR,1BA$2,075
BEACHHILL Apartments1 Bed 1 Bath A1BR,1BA$2,095

Best Value Apartments for Rent in Riverdale, ON

As of August 03, 2026 the best value apartment in the Riverdale area is the $2.74 price per square foot 2 Beds, 1 Baths Model at Eastmount Apartments in the in the Broadview North neighborhood starting from $2,585. The second greatest value Riverdale apartment is the 1 Bedroom Model at 158 Kingston Rd starting at $1,625 with a $2.45 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.
Eastmount Apartments2 Beds, 1 Baths2BR,1BA$2.74
158 Kingston Rd1 Bedroom1BR,1BA$2.45
Beach Suites1 Bedroom1BR,1BA$3.33
Donlands ApartmentsOne Bedroom1BR,1BA$2.67
Beach Park Apartments1 Bedroom1BR,1BA$3.22
BEACHHILL Apartments1 Bed Den 1 Bath G1BR,1BA$3.84
EVOLVExpand1BR,1BA$4.43
Montcrest Apartments A&BJR1BR,1BA$4.23
Broadview Mansions0 Bedroom(s) and 1 Bathroom(s)Studio ,1BA$4.16
Rosedale EastBachelorStudio ,1BA$4.13

Frequently Asked Questions about Cheap Riverdale Apartments

What is the Cheapest Studio apartment in Riverdale?

Currently the most affordable Cheap Studio Apartment in Riverdale is at Montcrest Apartments A&B listed at $1,599.

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

The lowest price for a Cheap One Bedroom Riverdale Apartment is $1,599 at Donlands 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 $2,200 at Rosedale East.

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 $3,675.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.