Cheap Homes for Rent in the University Annex Neighborhood of Toronto, ON from $1,200 (80 Rentals)

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

property at 429 Montrose Av
$1,500

Total Monthly Price

Base Rent$1,500
Total Monthly Price$1,500
1 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

429 Montrose Av

TorontoONM6G 3H2

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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 ListingModel NameBed/BathPriced From
Walmer PlaceBachelorStudio,1BA$1,399
Vermont ApartmentsStudioStudio,1BA$1,499
320-342 Avenue RoadBachelorStudio,1BA$1,648
Cottingham ManorBachelor 07 and 08Studio,1BA$1,649
Ramsden PlaceBachelorStudio,1BA$1,697
145 St. George Streetbachelor, 1 bathroom with a balconyStudio,1BA$1,697
25 St. Mary StreetBachelorStudio,1BA$1,747
24 Webster AvenueStudioStudio,1BA$1,750
85 Lowther AvenueBachelor, bathroom no balconyStudio,1BA$1,797
177 St. George StreetBachelorStudio,1BA$1,910

Best Value Apartments for Rent in University Annex, ON

As of September 06, 2026 the best value apartment in the University Annex area is the $3.79 price per square foot 4 Bed Model at 1000 Bathurst St in the in the University Annex neighborhood starting from $5,500. The second greatest value University Annex apartment is the 2 Bedroom - 03 Model at Bay Charles Tower starting at $3,499 with a $3.29 price per square foot in the Bay Street Corridor 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.
1000 Bathurst St4 Bed4BR,2BA$3.79
Bay Charles Tower2 Bedroom - 032BR,1BA$3.29
The Colonnade1 Bedroom1BR,1BA$3.54
70 Spadina Road2 Bedroom2BR,1BA$4.12
The Summit1-Bedroom1BR,1BA$3.38
Walmer PlaceOne Bedroom1BR,1BA$4.09
The Bay ClubStudioStudio ,1BA$4.21
145 St. George Streetbachelor, 1 bathroom with a balconyStudio ,1BA$4.17
320-342 Avenue RoadBachelorStudio ,1BA$4.14
Vermont ApartmentsStudioStudio ,1BA$4.37

Frequently Asked Questions about University Annex

What type of rentals are currently available in University Annex?

There are currently 512 Apartments for Rent in University Annex, ON with pricing that ranges from $1,399 to $9,533. There are also 389 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Annex ranging from $1,200 to $30,000.

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 $1,200 to $30,000 with an average monthly rent of $4,214.

How much are larger Three and Four Bedroom Rentals in University Annex?

For those who are looking for larger living arrangements, Three Bedroom Apartments in University Annex range from $2,850 to $9,533, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $30,000. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $5,600.

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

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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.

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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.