101-103 Spadina Rd
TorontoONM5R 2T1
Cheap Apartments for Rent in the University Annex Neighborhood of Toronto, ON from $1,200 (134 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Annex area of Toronto.
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$1,399 - $3,799
Total Monthly Price
Base Rent$1,399 - $3,799
Total Monthly Price$1,399 - $3,799
Walmer Place
34 Walmer RdToronto, ON M5R 2W6
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$1,555 - $2,900
Total Monthly Price
Base Rent$1,555 - $2,900
Total Monthly PriceVaries
The Summit
280 St George StToronto, ON M5R 2P7
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Rent Specials
$1,597Studio to 2 Bedroom Apartments Available Oct 1
267 St. George Street
267 St George StToronto, ON M5R 2P9
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$1,600 - $1,850Studio Apartments Available Oct 1
710 Spadina Av
710 Spadina AvToronto, ON M5S 2J3
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$1,648 - $1,926Studio to 1 Bedroom Apartments Available Now
320-342 Avenue Road
320 Avenue RdToronto, ON M4V 1H2
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$1,649 - $2,250
Total Monthly Price
Base Rent$1,649 - $2,250
Total Monthly Price$1,649 - $2,250
Cottingham Manor
291 Avenue RdToronto, ON M4V 2G9
224 St George St
TorontoONM5R 2N9
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$1,697Studio to 2 Bedroom Apartments Available Now
145 St. George Street
145 St George StToronto, ON M5R 2M1
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$1,697 - $2,297Studio to 1 Bedroom Apartments Available Now
Ramsden Place
30-50 Hillsboro AvToronto, ON M5R 1S8
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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$1,746 - $3,163Studio to 2 Bedroom Apartments Available Now
70 Spadina Road
70 Spadina RdToronto, ON M5R 2T6
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$1,747 - $2,097Studio to 2 Bedroom Apartments Available Now
25 St. Mary Street
25 St Mary StToronto, ON M5S 2W9
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$1,797Studio to 2 Bedroom Apartments Available Now
85 Lowther Avenue
85 Lowther AveToronto, ON M5S 2E5
137 Bedford Rd
TorontoONM5R 2K7
710 Spadina Ave.
TorontoONM5S 2J3
149 St George St
TorontoONM5R 2L9
849 Bathurst St
TorontoONM5R 3G2
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$1,897Studio to 2 Bedroom Apartments Available Nov 1
10 Walmer Road
10 Walmer RdToronto, ON M5R 2W4
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Rent Specials
$1,899 - $3,175
Total Monthly Price
Base Rent$1,899 - $3,175
Total Monthly Price$1,899 - $3,175
35 Walmer Road
35 Walmer RdToronto, ON M5R 2X3
250 St George St
TorontoONM5R 3L8
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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$1,910Studio Apartments Available Now
177 St. George Street
177 St George StToronto, ON M5R 2M5
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$1,979 - $3,309Studio to 3 Bedroom Apartments Available Now
1101 Bay
1101 Bay StToronto, ON M5S 3L9
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$1,995 - $3,990Studio to 2 Bedroom Apartments Available Now
31 Phipps Street
31 Phipps StToronto, ON M4Y 0E5
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Rent Specials
$1,999 - $4,285
Total Monthly Price
Base Rent$1,999 - $4,285
Total Monthly Price$1,999 - $4,285
Mirvish Village Residential
748 Bathurst StToronto, ON M5S 0C7
132 Huron St
TorontoONM5T 2B2
20 Prince Arthur Ave
TorontoONM5R 1B1
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$2,075 - $2,414Studio to 3 Bedroom Apartments Available Now
66 Spadina Road
66 Spadina RdToronto, ON M5R 2T4
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$2,0991 Bedroom Apartments Available Soon
100 Spadina Road
100 Spadina RdToronto, ON M5R 2T7
163 Huron St
TorontoONM5T 2B6
298 Robert St
TorontoONM5S 2K8
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.
298 Robert St
TorontoONM5S 2K8
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$1,417 - $1,680Studio to 1 Bedroom Apartments
330 Avenue Rd
330 Avenue RdToronto, ON M4V 2H3
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$1,417 - $1,680Studio to 1 Bedroom Apartments
326 Avenue Rd
326 Avenue RdToronto, ON M4V 2H3
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$1,417 - $1,680Studio to 1 Bedroom Apartments
342 Avenue Rd
342 Avenue RdToronto, ON M4V 2H3
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$1,417 - $1,680Studio to 1 Bedroom Apartments
340 Avenue Rd
340 Avenue RdToronto, ON M4V 2H7
1215 Bathurst St, Unit 3
1215 Bathurst St
TorontoONM5R 1L4
1215 Bathurst St, Unit 3
1215 Bathurst St
TorontoONM5R 1L4
130 Macpherson Ave, Unit 6
130 Macpherson Ave
TorontoONM5R 1W8
130 Macpherson Ave, Unit 6
130 Macpherson Ave
TorontoONM5R 1W8
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$1,499Studio to 2 Bedroom Apartments
Vermont Apartments
4 Vermont AveToronto, ON M6G 2R8
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.
429 Montrose Av
TorontoONM6G 3H2
130 Macpherson Ave, Unit 8
130 Macpherson Ave
TorontoONM5R 1W8
130 Macpherson Ave, Unit 8
130 Macpherson Ave
TorontoONM5R 1W8
850 Bathurst St, Unit 301
850 Bathurst St
TorontoONM5R 3G1
850 Bathurst St, Unit 301
850 Bathurst St
TorontoONM5R 3G1
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$1,599 - $1,950Studio to 2 Bedroom Apartments
250 St George St
250 St George StToronto, ON M5R 3L8
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$1,6001 to 2 Bedroom Apartments
1098 Bathurst Street
1098 Bathurst StToronto, ON M5R 3G9
364 Huron St
TorontoONM5S 2G4
364 Huron St
TorontoONM5S 2G4
628 Manning Ave
TorontoONM6G 2V9
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.
Showing Results 1-50, Page 1 of 3
University Annex, Toronto, ON Local Guide
How much does it cost to rent an apartment in University Annex?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Annex Studio Apartments | $1,989 | $1,200 | $3,095 |
| University Annex 1 Bedroom Apartments | $3,079 | $1,774 | $10,000+ |
| University Annex 2 Bedroom Apartments | $3,759 | $1,950 | $7,795 |
| University Annex 3 Bedroom Apartments | $4,110 | $2,495 | $7,699 |
| University Annex 4 Bedroom Apartments | $5,600 | $5,600 | $5,600 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 134 rentals with your search options within a 2 mile radius of the University Annex Neighborhood of Toronto, ON.
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Cheapest Available University Annex Apartments for Rent
The cheapest available apartment rental in the University Annex area of Toronto, ON is a Studio unit found at Walmer Place priced from $1,399. Vermont Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,499. Here are the most affordable University Annex apartments for rent in Toronto, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Walmer Place | Bachelor | Studio, 1BA | $1,399 |
| Vermont Apartments | Studio | Studio, 1BA | $1,499 |
| 320-342 Avenue Road | Bachelor | Studio, 1BA | $1,648 |
| Cottingham Manor | Bachelor 07 and 08 | Studio, 1BA | $1,649 |
| The Summit | Bachelor | Studio, 1BA | $1,650 |
| Ramsden Place | Bachelor | Studio, 1BA | $1,697 |
| 145 St. George Street | bachelor, 1 bathroom with a balcony | Studio, 1BA | $1,697 |
| 70 Spadina Road | Studio | Studio, 1BA | $1,746 |
| 25 St. Mary Street | Bachelor | Studio, 1BA | $1,747 |
| 24 Webster Avenue | Studio | Studio, 1BA | $1,750 |
Best Value Apartments for Rent in University Annex, ON
As of September 19, 2026 the best value apartment in the University Annex area is the $3.29 price per square foot 2 Bedroom - 03 Model at Bay Charles Tower in the Bay Street Corridor neighborhood starting from $3,499. The second greatest value University Annex apartment is the 1 Bedroom Model at The Colonnade in the Bay Street Corridor neighborhood starting at $3,100 with a $3.54 price per square foot. Here is today’s list of the best values for University Annex apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bay Charles Tower | 2 Bedroom - 03 | 2BR, 1BA | $3.29 |
| The Colonnade | 1 Bedroom | 1BR, 1BA | $3.54 |
| 70 Spadina Road | 2 Bedroom | 2BR, 1BA | $4.12 |
| Walmer Place | One Bedroom | 1BR, 1BA | $4.09 |
| The Bay Club | Studio | Studio, 1BA | $4.21 |
| 145 St. George Street | bachelor, 1 bathroom with a balcony | Studio, 1BA | $4.17 |
| The Summit | Bachelor | Studio, 1BA | $4.07 |
| 320-342 Avenue Road | Bachelor | Studio, 1BA | $4.19 |
| Cottingham Manor | Bachelor 07 and 08 | Studio, 1BA | $4.42 |
| Vermont Apartments | Studio | Studio, 1BA | $4.37 |
Frequently Asked Questions about Cheap University Annex Apartments
What is a cheap apartment in University Annex?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Annex is under $1,750.
What is the price of a cheap apartment in University Annex?
The cheapest apartment in University Annex is 320-342 Avenue Road which is listed at $1,774, while the average apartment in University Annex costs $2,750.
What types of apartments are the cheapest in University Annex?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 93 regular apartments in University Annex that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in University Annex?
Cheap apartments in University Annex have an average cost of $1,802 which is $948 cheaper than the average rent for all rentals in University Annex.
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
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.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.