Cheap Homes for Rent in the Riverdale Neighborhood of Toronto, ON from $1,300 (145 Rentals)

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

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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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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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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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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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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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 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 $1,400 to $7,654. There are also 409 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverdale ranging from $1,395 to $19,999.

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 $1,395 to $19,999 with an average monthly rent of $2,997.

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

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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

Written by: Robin Stewart

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

Written by: Robin Stewart

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

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.