3 Pembroke St
TorontoONM5A 2N6
Cheap Homes for Rent in the Waterfront Communities The Island Neighborhood of Toronto, ON from $949 (512 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterfront Communities The Island area of Toronto.
3 Pembroke St
TorontoONM5A 2N6
128 Denison Ave
TorontoONM5T 2N3
128 Denison Ave
TorontoONM5T 2N3
137 Denison Ave
TorontoONM5T 2N2
137 Denison Ave
TorontoONM5T 2N2
137 Denison Ave
TorontoONM5T 2N2
137 Denison Ave
TorontoONM5T 2N2
108 Peter St, Unit 1205
108 Peter St
TorontoONM5V 0W2
108 Peter St, Unit 1205
108 Peter St
TorontoONM5V 0W2
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
126 Dundas St E, Unit 204
126 Dundas St E
TorontoONM5B 1E2
126 Dundas St E, Unit 204
126 Dundas St E
TorontoONM5B 1E2
620 Dundas St W
TorontoONM5T 1H7
620 Dundas St W
TorontoONM5T 1H7
238 Simcoe St, Unit 2508
238 Simcoe St
TorontoONM5T 0E2
238 Simcoe St, Unit 2508
238 Simcoe St
TorontoONM5T 0E2
28 Eastern Ave, Unit LPH16
28 Eastern Ave
TorontoONM5A 0Y2
28 Eastern Ave, Unit LPH16
28 Eastern Ave
TorontoONM5A 0Y2
28 Eastern Ave, Unit 1017
28 Eastern Ave
TorontoONM5A 0Y2
28 Eastern Ave, Unit 1017
28 Eastern Ave
TorontoONM5A 0Y2
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
330 Richmond St W, Unit 505BR2
330 Richmond St W
TorontoONM5V 0M4
330 Richmond St W, Unit 505BR2
330 Richmond St W
TorontoONM5V 0M4
10 Queens Quay W, Unit 611
10 Queens Quay W
TorontoONM5J 2R9
10 Queens Quay W, Unit 611
10 Queens Quay W
TorontoONM5J 2R9
44 Bellevue Ave
TorontoONM5T 2N4
44 Bellevue Ave
TorontoONM5T 2N4
15 Richardson St, Unit 405
15 Richardson St
TorontoONM5A 0Y5
15 Richardson St, Unit 405
15 Richardson St
TorontoONM5A 0Y5
600 Fleet St, Unit 634
600 Fleet St
TorontoONM5V 1B7
600 Fleet St, Unit 634
600 Fleet St
TorontoONM5V 1B7
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
20 Richardson St, Unit 3309
20 Richardson St
TorontoONM5A 0S6
20 Richardson St, Unit 3309
20 Richardson St
TorontoONM5A 0S6
10 Willison Square, Unit 609
10 Willison Square
TorontoONM5T 0A8
10 Willison Square, Unit 609
10 Willison Square
TorontoONM5T 0A8
82 Dalhousie St, Unit 1109
82 Dalhousie St
TorontoONM5B 0C5
82 Dalhousie St, Unit 1109
82 Dalhousie St
TorontoONM5B 0C5
600 Fleet St, Unit 2509
600 Fleet St
TorontoONM5V 1B7
600 Fleet St, Unit 2509
600 Fleet St
TorontoONM5V 1B7
3 Pembroke St
TorontoONM5A 2N6
3 Pembroke St
TorontoONM5A 2N6
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.
8 York St, Unit 1601
8 York St
TorontoONM5J 2Y2
8 York St, Unit 1601
8 York St
TorontoONM5J 2Y2
78 Tecumseth St., Unit 307
78 Tecumseth St.
TorontoONM5V 0A9
78 Tecumseth St., Unit 307
78 Tecumseth St.
TorontoONM5V 0A9
115 Blue Jays Way, Unit 4907
115 Blue Jays Way
TorontoONM5V 0N4
115 Blue Jays Way, Unit 4907
115 Blue Jays Way
TorontoONM5V 0N4
600 Fleet St, Unit 2109
600 Fleet St
TorontoONM5V 1B7
115 Blue Jays Way, Unit 4003
115 Blue Jays Way
TorontoONM5V 0N4
115 Blue Jays Way, Unit 4003
115 Blue Jays Way
TorontoONM5V 0N4
209 Fort York Blvd, Unit 773
209 Fort York Blvd
TorontoONM5V 4A1
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.
Showing Results 1-50, Page 1 of 11
Waterfront Communities The Island, Toronto, ON Local Guide
How much does it cost to rent a home in Waterfront Communities The Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterfront Communities The Island 2 Bedroom Homes for Rent | $3,262 | $1,650 | $9,900 |
| Waterfront Communities The Island 3 Bedroom Homes for Rent | $4,490 | $2,000 | $10,000+ |
| Waterfront Communities The Island 4 Bedroom Homes for Rent | $5,630 | $3,995 | $10,000+ |
| Waterfront Communities The Island 5 Bedroom Homes for Rent | $5,500 | $5,500 | $5,500 |
| Waterfront Communities The Island 6 Bedroom Homes for Rent | $18,400 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 512 rentals with your search options within a 2 mile radius of the Waterfront Communities The Island Neighborhood of Toronto, ON.
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Cheapest Available Waterfront Communities The Island Apartments for Rent
The cheapest available apartment rental in the Waterfront Communities The Island area of Toronto, ON is a Studio unit found at The Richmond priced from $1,719. One32 has the second lowest priced unit, which is a Studio apartment currently listed from $1,915. Here are the most affordable Waterfront Communities The Island apartments for rent in Toronto, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Richmond | Studio, 1 bath | Studio,1BA | $1,719 |
| One32 | Studio 1 Bath | Studio,1BA | $1,915 |
| 39 Niagara | 0 Beds, 1 Baths | Studio,1BA | $2,072 |
| Jazz | Studio 1 Bath | Studio,1BA | $2,135 |
| The 203 Residences | One Bedroom | 1BR,1BA | $2,195 |
| ROQ City | A1 | 1BR,1BA | $2,204 |
| Birch House at Canary Landing | A04 | 1BR,1BA | $2,243 |
| Toronto House | Studio | 1BR,1BA | $2,245 |
| West House | S2 | Studio,1BA | $2,264 |
| The Quay - Tower III | 1 Bedroom | 1BR,1BA | $2,273 |
Best Value Apartments for Rent in Waterfront Communities The Island, ON
As of September 07, 2026 the best value apartment in the Waterfront Communities The Island area is the $3.74 price per square foot Two Bedroom Model at The 203 Residences in the in the Church Yonge Corridor neighborhood starting from $3,240. The second greatest value Waterfront Communities The Island apartment is the 2 Bedroom Model at The Quay - Tower II starting at $2,907 with a $3.62 price per square foot in the Waterfront Communities The Island neighborhood. Here is today’s list of the best values for Waterfront Communities The Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The 203 Residences | Two Bedroom | 2BR,2BA | $3.74 |
| The Quay - Tower II | 2 Bedroom | 2BR,1BA | $3.62 |
| Maple Leaf Quay | 2 Bedroom | 2BR,1BA | $3.62 |
| The Quay - Tower III | 2 Bedroom | 2BR,2BA | $4.07 |
| The Richmond | 1 Bed, 1 bath | 1BR,1BA | $3.28 |
| Fifty on the Park | Two Bedroom | 2BR,1BA | $4.27 |
| 525 Richmond Street | 1 Bedroom 1 Bath | 1BR,1BA | $3.44 |
| ROQ City | AD1 | 1BR,1BA | $4.31 |
| Maple House at Canary Landing | A12 | 1BR,1BA | $4.42 |
| Birch House at Canary Landing | A10 | 1BR,1BA | $4.55 |
Frequently Asked Questions about Waterfront Communities The Island
What type of rentals are currently available in Waterfront Communities The Island?
There are currently 498 Apartments for Rent in Waterfront Communities The Island, ON with pricing that ranges from $1,719 to $16,894. There are also 1162 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterfront Communities The Island ranging from $949 to $21,900.
What is the current price range for Rental Homes in Waterfront Communities The Island?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterfront Communities The Island ranges from $949 to $21,900 with an average monthly rent of $3,209.
How much are larger Three and Four Bedroom Rentals in Waterfront Communities The Island?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Waterfront Communities The Island range from $3,495 to $16,894, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $21,900. Four Bedroom Single-Family rentals are also available starting from $3,995 and Four Bedroom Apartments start at $8,628.
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
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.
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.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
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.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
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.