Cheap Homes for Rent in University Annex Neighborhood of Toronto, ON from $900 (50 Rentals)

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

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.

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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.

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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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 The Summit priced from $1,650. 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
The SummitBachelorStudio,1BA$1,650
100 Spadina RoadBachelor ApartmentStudio,1BA$1,670
70 SpadinaStudioStudio,1BA$1,699
177 St. George StreetBachelor*Studio,1BA$1,730
145 St. George Streetbachelor, 1 bathroom with a balconyStudio,1BA$1,797
Prince Arthur0 Beds, 1 BathsStudio,1BA$1,800
320-342 Avenue Road1 Bedroom1BR,1BA$1,847
35 Walmer RoadStudioStudio,1BA$1,895
10 Walmer Road1 bedroom, 1 bathroom with balcony1BR,1BA$1,897
Mirvish VillageStudioStudio,1BA$1,940

Best Value Apartments for Rent in University Annex, ON

As of January 23, 2026 the best value apartment in the University Annex area is the $4.07 price per square foot 2 Bedroom Two Bath Model at The Colonnade in the in the Bay Street Corridor neighborhood starting from $5,495. The second greatest value University Annex apartment is the 2 Bedroom 1.5 Bath Model at 50 Prince Arthur starting at $4,479 with a $4.16 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 Colonnade2 Bedroom Two Bath2BR,2BA$4.07
50 Prince Arthur2 Bedroom 1.5 Bath2BR,1.5BA$4.16
169 St George169-2bb2BR,1BA$2.65
25 St. Mary Street2 bedroom2BR,1BA$2.87
Mirvish Village1 Bedroom plus Den1BR,1BA$3.48
Fifty Spadina1 Bedroom1BR,1BA$3.91
University Apartments - 8 St. ThomasTwo Bedroom2BR,1BA$3.61
66 Spadina Rd1 Bedroom1BR,1BA$3.45
320-342 Avenue Road1 Bedroom1BR,1BA$3.04
10 Walmer Road1 bedroom, 1 bathroom with balcony1BR,1BA$3.93

Frequently Asked Questions about University Annex

What type of rentals are currently available in University Annex?

There are currently 497 Apartments for Rent in University Annex, ON with pricing that ranges from $1,450 to $10,995. There are also 234 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Annex ranging from $900 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 $900 to $30,000 with an average monthly rent of $5,436.

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

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.