
Cheap Homes for Rent in University Annex Neighborhood of Toronto, ON from $900 (111 Rentals)
Search the lowest-cost Homes available for rent right now in the University Annex area of Toronto.


605 Bloor St W

262 Clinton St

262 Clinton St

148 Major St

148 Major St

519 Crawford St

71 Poplar Plains Cres

125 Madison Ave

125 Madison Ave
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.

253 College St

253 College St

440 Spadina Ave.

440 Spadina Ave.

27 Hillsboro Ave

27 Hillsboro Ave

335 College St

335 College St

858 Manning Ave

858 Manning Ave
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.

17 Hocken Ave

17 Hocken Ave

57 St Joseph St

57 St Joseph St

8 Cumberland St

8 Cumberland St

955 Bay St.

335 Palmerston Blvd

409 Huron St

335 Palmerston Blvd
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.

409 Huron St

955 Bay St.

454 Bloor St W

454 Bloor St W

850 Bathurst St

850 Bathurst St

177 St George St

177 St George St

161 St George St

161 St George St
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.

666 Spadina Ave.

666 Spadina Ave.

666 Spadina Ave.

666 Spadina Ave.

666 Spadina Ave.

666 Spadina Ave.

545 Palmerston Blvd

545 Palmerston Blvd

322 Dupont St

322 Dupont St
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.
University Annex, Toronto, ON Local Guide
How much does it cost to rent a home in University Annex?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Annex 2 Bedroom Homes for Rent | $3,552 | $1,700 | $10,000+ |
| University Annex 3 Bedroom Homes for Rent | $5,912 | $2,250 | $10,000+ |
| University Annex 4 Bedroom Homes for Rent | $7,046 | $1,600 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 111 rentals with your search options within a 2 mile radius of the University Annex Neighborhood of Toronto, ON.
Explore Toronto
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 145 St. George Street priced from $1,597. 70 Spadina Road has the second lowest priced unit, which is a Studio apartment currently listed from $1,625. Here are the most affordable University Annex apartments for rent in Toronto, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 145 St. George Street | bachelor, 1 bathroom with a balcony | Studio,1BA | $1,597 |
| 70 Spadina Road | Studio | Studio,1BA | $1,625 |
| The Summit | Bachelor | Studio,1BA | $1,650 |
| 100 Spadina Road | Bachelor Apartment | Studio,1BA | $1,670 |
| 85 Lowther Avenue | Bachelor, bathroom no balcony | Studio,1BA | $1,697 |
| 267 St. George Street | bachelor 1 bathroom with a balcony | Studio,1BA | $1,697 |
| Cottingham Manor | Bachelor 07 and 08 | Studio,1BA | $1,700 |
| 177 St. George Street | Bachelor* | Studio,1BA | $1,730 |
| 35 Walmer Road | Studio | Studio,1BA | $1,747 |
| 25 St. Mary Street | Bachelor | Studio,1BA | $1,747 |
Best Value Apartments for Rent in University Annex, ON
As of April 23, 2026 the best value apartment in the University Annex area is the $4.16 price per square foot 2 Bedroom 1.5 Bath Model at 50 Prince Arthur in the in the University Annex neighborhood starting from $4,479. The second greatest value University Annex apartment is the 2 Bedroom Model at The Colonnade starting at $4,030 with a $3.80 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 50 Prince Arthur | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $4.16 |
| The Colonnade | 2 Bedroom | 2BR,2BA | $3.80 |
| 1101 Bay | Three Bedroom | 3BR,1BA | $3.69 |
| 50 Spadina Road | 1 Bedroom | 1BR,1BA | $3.02 |
| Two St. Thomas | One Bedroom | 1BR,1BA | $3.98 |
| University Apartments - 8 St. Thomas | Two Bedroom | 2BR,1BA | $3.92 |
| 66 Spadina Road | 1 Bedroom | 1BR,1BA | $3.24 |
| Mirvish Village | Finished studio | Studio ,1BA | $3.52 |
| 10 Walmer Road | 1 bedroom, 1 bathroom with balcony | 1BR,1BA | $4.01 |
| 145 St. George Street | bachelor, 1 bathroom with a balcony | Studio ,1BA | $3.93 |
Frequently Asked Questions about University Annex
What type of rentals are currently available in University Annex?
There are currently 509 Apartments for Rent in University Annex, ON with pricing that ranges from $1,300 to $17,419. There are also 413 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Annex ranging from $995 to $45,000.
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 $995 to $45,000 with an average monthly rent of $4,130.
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 $2,650 to $10,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,250 to $45,000. Four Bedroom Single-Family rentals are also available starting from $1,600 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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.