
Cheap Homes for Rent in Thorncliffe Park Neighborhood of Toronto, ON from $1,500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Thorncliffe Park area of Toronto.


35 Brian Peck Crescent

42 Thorncliffe Park Dr
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.

42 Thorncliffe Park Dr

21 Overlea Blvd

21 Overlea Blvd
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.
Thorncliffe Park, Toronto, ON Local Guide
How much does it cost to rent a home in Thorncliffe Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Thorncliffe Park 2 Bedroom Homes for Rent | $2,557 | $2,480 | $2,760 |
| Thorncliffe Park 4 Bedroom Homes for Rent | $4,950 | $4,950 | $4,950 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Thorncliffe Park Neighborhood of Toronto, ON.
Explore Toronto
Cheapest Available Thorncliffe Park Apartments for Rent
 The cheapest available apartment rental in the Thorncliffe Park area of Toronto, ON is a Studio unit found at 2&4 Milepost priced from $1,700. 42 Thorncliffe Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,750. Here are the most affordable Thorncliffe Park apartments for rent in Toronto, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2&4 Milepost | Bachelor | Studio,1BA | $1,700 |
| 42 Thorncliffe Park | One Bedroom | 1BR,1BA | $1,750 |
| Centennial Towers | Jr. 1 Bedroom | 1BR,1BA | $1,750 |
Best Value Apartments for Rent in Thorncliffe Park, ON
As of May 08, 2026 the best value apartment in the Thorncliffe Park area is the $2.42 price per square foot 3 Beds, 2 baths Model at Rideau Towers in the in the Old East York neighborhood starting from $3,190. The second greatest value Thorncliffe Park apartment is the Two Bedroom Model at Leaside Towers starting at $3,365 with a $2.60 price per square foot in the Thorncliffe Park neighborhood. Here is today’s list of the best values for Thorncliffe Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Rideau Towers | 3 Beds, 2 baths | 3BR,2BA | $2.42 |
| Leaside Towers | Two Bedroom | 2BR,1.5BA | $2.60 |
| The Gateway | 2 Bedroom | 2BR,1.5BA | $2.34 |
| 53 Thorncliffe Park Drive | One Bedroom Apartment | 1BR,1BA | $1.92 |
| 44 Thorncliffe Park Drive | 2 bedroom, one bathroom, with balcony | 2BR,1BA | $2.93 |
| Grandstand Place | 1 Bedroom | 1BR,1BA | $2.67 |
| 42 Thorncliffe Park | One Bedroom | 1BR,1BA | $2.40 |
| 7 St. Dennis | 1 Bedroom B | 1BR,1BA | $3.00 |
| Milepost Manor | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $2.99 |
| Centennial Towers | Jr. 1 Bedroom | 1BR,1BA | $2.69 |
Frequently Asked Questions about Thorncliffe Park
What type of rentals are currently available in Thorncliffe Park?
There are currently 75 Apartments for Rent in Thorncliffe Park, ON with pricing that ranges from $1,700 to $3,523. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Thorncliffe Park ranging from $1,550 to $4,950.
What is the current price range for Rental Homes in Thorncliffe Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Thorncliffe Park ranges from $1,550 to $4,950 with an average monthly rent of $3,169.
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

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.

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.

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.

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.