Cheap Homes for Rent in University Annex Neighborhood of Toronto, ON from $1,000 (32 Rentals)

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

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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 89 Willcocks St

89 Willcocks St

TorontoONM5S 1C9

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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.

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 320-342 Avenue Road priced from $1,668. 44 Walmer Rd has the second lowest priced unit, which is a Studio apartment currently listed from $1,695. Here are the most affordable University Annex apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
320-342 Avenue RoadStudioStudio,1BA$1,668
44 Walmer RdStudio, 1 bathStudio,1BA$1,695
100 Spadina RoadBachelor ApartmentStudio,1BA$1,729
The SummitBachelorStudio,1BA$1,750
70 SpadinaStudioStudio,1BA$1,751
35 Walmer RoadStudioStudio,1BA$1,881
177 St. George StreetBACHELORStudio,1BA$1,920
1101 BayStudioStudio,1BA$2,049
Ramsden PlaceBachelorStudio,1BA$2,097
153 St. George1 Beds, 1 Baths1BR,1BA$2,200

Best Value Apartments for Rent in University Annex, ON

As of October 24, 2025 the best value apartment in the University Annex area is the $4.16 price per square foot 3 Bedroom Model at The Colonnade in the in the Bay Street Corridor neighborhood starting from $8,294. The second greatest value University Annex apartment is the 2 Bedroom Model at Fifty Spadina starting at $4,624 with a $3.56 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.
The Colonnade3 Bedroom3BR,2BA$4.16
Fifty Spadina2 Bedroom2BR,1.5BA$3.56
723 Bloor Street West2 BEDROOM2BR,1BA$2.77
66 Spadina Rd1 Bedroom1BR,1BA$3.39
169 St George169-1bb1BR,1BA$3.44
153 St. George1 Beds, 1 Baths1BR,1BA$3.33
44 Walmer RdStudio, 1 bathStudio ,1BA$3.08
The Bay ClubStudioStudio ,1BA$4.39
70 Spadina1 Bedroom1BR,1BA$4.38
320-342 Avenue RoadStudioStudio ,1BA$4.27

Frequently Asked Questions about University Annex

What type of rentals are currently available in University Annex?

There are currently 499 Apartments for Rent in University Annex, ON with pricing that ranges from $1,450 to $11,995. There are also 183 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Annex ranging from $1,050 to $22,000.

What is the current price range for Rental Homes in University Annex?

Today's rental pricing for Homes for Rent, Condos and Townhomes in University Annex ranges from $1,050 to $22,000 with an average monthly rent of $4,560.

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.