Cheap Apartments for Rent in the University Annex Neighborhood of Toronto, ON from $1,400 (50 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the University Annex area of Toronto.

property at 224 St George St

224 St George St

TorontoONM5R 2N9
property at 157 Spadina Rd

157 Spadina Rd

TorontoONM5R 2T9
property at 250 St George St

250 St George St

TorontoONM5R 3L8

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.

property at 710 Spadina Ave.

710 Spadina Ave.

TorontoONM5S 2J3
property at 103 Avenue Rd

103 Avenue Rd

TorontoONM5R 2G9

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.

property at 321A Augusta Av

321A Augusta Av

TorontoONM5T 2M2
close
View Me
330 Avenue Rd
Studio to 1 Bedroom Apartments

330 Avenue Rd

330 Avenue RdToronto, ON M4V 2H3
close
View Me
326 Avenue Rd
Studio to 1 Bedroom Apartments

326 Avenue Rd

326 Avenue RdToronto, ON M4V 2H3
close
View Me
340 Avenue Rd
Studio to 1 Bedroom Apartments

340 Avenue Rd

340 Avenue RdToronto, ON M4V 2H7
close
View Me
342 Avenue Rd
Studio to 1 Bedroom Apartments

342 Avenue Rd

342 Avenue RdToronto, ON M4V 2H3
close
View Me
Vermont Apartments
Studio to 2 Bedroom Apartments

Vermont Apartments

4 Vermont AveToronto, ON M6G 2R8
  • Utilities Included
  • Smoke Free
close
View Me
44 Walmer Rd
Studio to 4 Bedroom Apartments

44 Walmer Rd

44 Walmer RdToronto, ON M5R 2X5
close
View Me
15 Walmer Rd
Studio to 3 Bedroom Apartments

15 Walmer Rd

15 Walmer RdToronto, ON M5R 2X1
  • Smoke Free

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

close
View Me
149 St George St
Studio to 1 Bedroom Apartments

149 St George St

149 St George StToronto, ON M5R 2L9
  • Utilities Included
close
View Me
191 St George St
Studio to 2 Bedroom Apartments

191 St George St

191 St George StToronto, ON M5R 2M6
  • Utilities Included
close
View Me
214 St George St
Studio to 3 Bedroom Apartments

214 St George St

214 St George StToronto, ON M5R 2N8
  • Utilities Included
close
View Me
145 St. George Street
Studio to 2 Bedroom Apartments

145 St. George Street

145 St George StToronto, ON M5R 2M1
  • Utilities Included
close
View Me
35 Walmer Road
Studio to 3 Bedroom Apartments

35 Walmer Road

35 Walmer RdToronto, ON M5R 2X3
  • Utilities Included
close
View Me
250 St George St
Studio to 2 Bedroom Apartments

250 St George St

250 St George StToronto, ON M5R 3L8
  • Utilities Included
close
View Me
20 Prince Arthur Ave
Studio to 2 Bedroom Apartments

20 Prince Arthur Ave

20 Prince Arthur AveToronto, ON M5R 1A9
  • Utilities Included
close
View Me
The Cottingham Manor
Studio to 1 Bedroom Apartments

The Cottingham Manor

291 Avenue RdToronto, ON M4V 2G9
  • Utilities Included
  • Smoke Free
close
View Me
151 St George St
Studio to 1 Bedroom Apartments

151 St George St

151 St George StToronto, ON M5R 2L9
  • Smoke Free
close
View Me
103 Avenue Rd
Studio to 3 Bedroom Apartments

103 Avenue Rd

103 Avenue RdToronto, ON M5R 2G5
  • Utilities Included
  • Smoke Free

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.

close
View Me
Sussex Square
Studio to 2 Bedroom Apartments

Sussex Square

666 Spadina AveToronto, ON M5S 2H8
  • Utilities Included
  • Smoke Free
close
View Me
224 St George St
Studio to 1 Bedroom Apartments

224 St George St

224 St George StToronto, ON M5R 2N9
  • Utilities Included
close
View Me
Brazil Towers
Studio to 3 Bedroom Apartments

Brazil Towers

485 Huron StToronto, ON M5R 2R5
  • Utilities Included
  • Smoke Free
close
View Me
153 St. George
Studio to 2 Bedroom Apartments

153 St. George

153 St George StToronto, ON M5R 2L9
  • Utilities Included
  • Smoke Free
close
View Me
88 Bernard Ave
Studio to 2 Bedroom Apartments

88 Bernard Ave

88 Bernard AveToronto, ON M5R 1R7
  • Utilities Included
close
View Me
169 St George
Studio to 3 Bedroom Apartments

169 St George

169 St George StToronto, ON M5R 2M4
  • Utilities Included
  • Smoke Free
close
View Me
66 Spadina Rd
Studio to 3 Bedroom Apartments

66 Spadina Rd

66 Spadina RdToronto, ON M5R 2T4
  • Utilities Included
close
View Me
Farewell Apartments
1 to 2 Bedroom Apartments

Farewell Apartments

11 Walmer RdToronto, ON M5R 2W9
  • Utilities Included
close
View Me
25 Bedford Rd
1 to 2 Bedroom Apartments

25 Bedford Rd

25 Bedford RdToronto, ON M5R 2K1
  • Utilities Included
close
View Me
57 Charles at Bay
Studio to 2 Bedroom Apartments

57 Charles at Bay

57 Charles St WToronto, ON M5S 2X1

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.

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 177 St. George Street priced from $1,624. 100 Spadina Road has the second lowest priced unit, which is a Studio apartment currently listed from $1,670. Here are the most affordable University Annex apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
177 St. George StreetBachelor*Studio,1BA$1,624
100 Spadina RoadBachelor ApartmentStudio,1BA$1,670
399 Dupont StreetBachelorStudio,1BA$1,695
70 SpadinaStudioStudio,1BA$1,702
The SummitBachelorStudio,1BA$1,750
145 St. George Streetbachelor, 1 bathroom with a balconyStudio,1BA$1,797
320-342 Avenue Road1 Bedroom1BR,1BA$1,804
35 Walmer RoadStudioStudio,1BA$1,881
1101 BayStudioStudio,1BA$2,049
Ramsden PlaceBachelorStudio,1BA$2,097

Best Value Apartments for Rent in University Annex, ON

As of November 25, 2025 the best value apartment in the University Annex area is the $3.48 price per square foot 2 Bedroom Model at Fifty Spadina in the in the University Annex neighborhood starting from $4,524. The second greatest value University Annex apartment is the 2 Bedroom 1.5 Bath Model at 50 Prince Arthur starting at $4,799 with a $4.46 price per square foot in the University Annex neighborhood. Here is today’s list of the best values for University Annex apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fifty Spadina2 Bedroom2BR,1.5BA$3.48
50 Prince Arthur2 Bedroom 1.5 Bath2BR,1.5BA$4.46
The Colonnade1 Bedroom1BR,1BA$4.08
169 St George169-2bb2BR,1BA$3.18
66 Spadina Rd1 Bedroom1BR,1BA$3.34
320-342 Avenue Road1 Bedroom1BR,1BA$3.03
The Bay ClubStudioStudio ,1BA$4.39
The SummitJR 1-Bedroom1BR,1BA$4.71
399 Dupont StreetBachelorStudio ,1BA$4.19
145 St. George Streetbachelor, 1 bathroom with a balconyStudio ,1BA$4.50

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 $2,097.

What is the price of a cheap apartment in University Annex?

The cheapest apartment in University Annex is 177 St. George Street which is listed at $1,789, while the average apartment in University Annex costs $5,550.

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 24 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 $1,662 which is $3,888 cheaper than the average rent for all rentals in University Annex.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.