Cheap Homes for Rent in Riverdale Neighborhood of Toronto, ON from $1,200 (140 Rentals)

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

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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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

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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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 Riverdale

What type of rentals are currently available in Riverdale?

There are currently 351 Apartments for Rent in Riverdale, ON with pricing that ranges from $1,650 to $9,719. There are also 326 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverdale ranging from $1,250 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 $1,250 to $9,995 with an average monthly rent of $3,828.

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.