Cheap Homes for Rent in Riverdale Neighborhood of Toronto, ON from $1,300 (46 Rentals)

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

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.

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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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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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Cheapest Available Riverdale Apartments for Rent

 

The cheapest available apartment rental in the Riverdale area of Toronto, ON is a Studio unit found at Rosedale East priced from $1,650. 778 Broadview Ave 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
Rosedale EastBachelorStudio,1BA$1,650
778 Broadview AveStudioStudio,1BA$1,650
Montcrest Apartments A&BJR1BR,1BA$1,719
Beach Park Apartments1 Bedroom1BR,1BA$1,849
Beach Suites1 Bedroom1BR,1BA$1,849
Eastmount Apartments1 Beds, 1 Baths1BR,1BA$2,055
EVOLVReach1BR,1BA$2,195
Cherry House at Canary LandingA021BR,1BA$2,214
BEACHHILL Apartments1 Bed 1 Bath B1BR,1BA$2,240
The Postmark1 Bedroom1BR,1BA$2,275

Best Value Apartments for Rent in Riverdale, ON

As of January 25, 2026 the best value apartment in the Riverdale area is the $4.10 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 Bedroom Model at The Postmark starting at $2,850 with a $3.52 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.
BridgeThree Bedroom3BR,2BA$4.10
The Postmark2 Bedroom2BR,2BA$3.52
Eastmount Apartments1 Beds, 1 Baths1BR,1BA$2.74
Beach Suites1 Bedroom1BR,1BA$3.08
Beach Park Apartments1 Bedroom1BR,1BA$3.22
Maple House at Canary LandingA101BR,1BA$4.65
BEACHHILL Apartments1 Bed 1 Bath B1BR,1BA$4.44
EVOLVExpand1BR,1BA$4.58
Montcrest Apartments A&BJR1BR,1BA$4.04
Rosedale EastBachelorStudio ,1BA$4.13

Frequently Asked Questions about Riverdale

What type of rentals are currently available in Riverdale?

There are currently 353 Apartments for Rent in Riverdale, ON with pricing that ranges from $1,299 to $5,384. There are also 178 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverdale ranging from $1,300 to $9,995.

What is the current price range for Rental Homes in Riverdale?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Riverdale ranges from $1,300 to $9,995 with an average monthly rent of $3,258.

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 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.