Cheap Homes for Rent in Riverdale Neighborhood of Toronto, ON from $1,200 (65 Rentals)

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

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property at 2A Tiverton Av

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895
Total Monthly Price
$1,895

1 Bedroom, 1 Bath Home for Rent

Available Now

2A Tiverton Av

TorontoONM4M 2L9

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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 778 Broadview Ave priced from $1,575. 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
778 Broadview AveStudioStudio,1BA$1,575
Rosedale EastBachelorStudio,1BA$1,650
Hillsdale Manor1 Bedroom1BR,1BA$1,700
Montcrest Apartments A&BStudio, 1 bathStudio,1BA$1,729
Beach Park Apartments1 Bedroom1BR,1BA$1,799
Broadview Mansions0 Bedroom(s) and 1 Bathroom(s)Studio,1BA$1,809
EVOLVStrideStudio,1BA$1,950
Eastmount Apartments1 Beds, 1 Baths1BR,1BA$1,985
BEACHHILL Apartments1 Bed 1 Bath B1BR,1BA$2,095
Maple House at Canary LandingA11BR,1BA$2,203

Best Value Apartments for Rent in Riverdale, ON

As of March 19, 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 B02 Model at Birch House at Canary Landing starting at $3,028 with a $4.61 price per square foot in the Moss Park Regent Park 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
Birch House at Canary LandingB022BR,2BA$4.61
Beach Park Apartments1 Bedroom1BR,1BA$3.13
BEACHHILL Apartments1 Bed 1 Bath B1BR,1BA$4.16
Hillsdale Manor1 Bedroom1BR,1BA$3.41
Eastmount Apartments1 Beds, 1 Baths1BR,1BA$4.14
Broadview Mansions0 Bedroom(s) and 1 Bathroom(s)Studio ,1BA$4.26
Rosedale EastBachelorStudio ,1BA$4.13
Montcrest Apartments A&BStudio, 1 bathStudio ,1BA$4.34
778 Broadview AveStudioStudio ,1BA$4.58

Frequently Asked Questions about Riverdale

What type of rentals are currently available in Riverdale?

There are currently 350 Apartments for Rent in Riverdale, ON with pricing that ranges from $1,650 to $9,819. There are also 378 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverdale ranging from $1,250 to $22,000.

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 $1,250 to $22,000 with an average monthly rent of $4,561.

How much are larger Three and Four Bedroom Rentals in Riverdale?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Riverdale range from $3,550 to $8,014, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $22,000. Four Bedroom Single-Family rentals are also available starting from $3,395 and Four Bedroom Apartments start at $9,454.

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 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.

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.