
Cheap Apartments for Rent in the Yonge Eglinton Neighborhood of Toronto, ON from $900 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in the Yonge Eglinton area of Toronto.


Brentwood Towers

Dunfield and Holly Towers

Yonge Eglinton Apartments — Orchard View

Yonge Eglinton Apartments — Orchard View

2107 Yonge St

Yonge Eglinton Apartments – Duplex

Yonge Eglinton Apartments – Duplex

30 Edith
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.

869-875 Avenue Rd

120 Oriole Pky

243 Eglinton Ave W

25 Holly St

25 Holly St

65 Keewatin Ave

17 Braemar Ave

17 Braemar Ave

Roselawn Manor
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.

166 Eastbourne Ave

Residences at Sixty Three

280 Eglinton Ave W

280 Eglinton Ave W

Oxton Court

77 Erskine Ave

77 Erskine Ave

77 Erskine Ave

3 Broadway
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.

60 Berwick Ave

60 Berwick Ave

77 Erskine Ave

77 Erskine Ave

20 Soudan Ave

20 Soudan Ave

166 Eastbourne Ave

166 Eastbourne Ave

500 Duplex Avenue Apartments
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.

873 Avenue Rd

873 Avenue Rd

Apartments

Cartac Community

1084 Avenue Rd

1084 Avenue Rd

896 Avenue Rd

896 Avenue Rd

115 Eglinton Ave W
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.

119 Eglinton Ave W

25 SHERWOOD AVE.

Montgomery Apartments
Yonge Eglinton, Toronto, ON Local Guide
How much does it cost to rent an apartment in Yonge Eglinton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Yonge Eglinton Studio Apartments | $1,721 | $1,299 | $2,045 |
| Yonge Eglinton 1 Bedroom Apartments | $2,333 | $1,589 | $3,401 |
| Yonge Eglinton 2 Bedroom Apartments | $3,126 | $1,989 | $4,500 |
| Yonge Eglinton 3 Bedroom Apartments | $3,300 | $3,100 | $3,500 |
Browse Apartments in this Neighborhood
There are currently 48 rentals with your search options within a 2 mile radius of the Yonge Eglinton Neighborhood of Toronto, ON.
See all Apartments in TorontoExplore Toronto
Cheapest Available Yonge Eglinton Apartments for Rent
 The cheapest available apartment rental in the Yonge Eglinton area of Toronto, ON is a Studio unit found at Castlefield Apartments priced from $1,299. Brentwood Towers has the second lowest priced unit, which is a Studio apartment currently listed from $1,555. Here are the most affordable Yonge Eglinton apartments for rent in Toronto, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Castlefield Apartments | Bachelor | Studio,1BA | $1,299 |
| Brentwood Towers | Bachelor | Studio,1BA | $1,555 |
| 166 Eastbourne Ave | 1-Bedroom* | 1BR,1BA | $1,564 |
| Dunfield and Holly Towers | Bachelor | Studio,1BA | $1,600 |
| Yonge Eglinton Apartments — Orchard View | 0 Beds, 1 Baths | Studio,1BA | $1,685 |
| Yonge Eglinton Apartments – Duplex | 0 Beds, 1 Baths | Studio,1BA | $1,700 |
| 30 Edith | 30 Edith - Plan A | Studio,1BA | $1,849 |
| Montgomery Apartments | One Bedroom | 1BR,1BA | $1,990 |
| eCentral | The Revolve | Studio,1BA | $2,045 |
| E18HTEEN | Addison | 1BR,1BA | $2,115 |
Best Value Apartments for Rent in Yonge Eglinton, ON
As of April 24, 2026 the best value apartment in the Yonge Eglinton area is the $4.53 price per square foot Roselawn III - Penthouse Collection Model at The Montgomery in the in the Lawrence Park South neighborhood starting from $2,818. The second greatest value Yonge Eglinton apartment is the One Bedroom Model at Montgomery Apartments starting at $1,990 with a $3.31 price per square foot in the Lawrence Park South neighborhood. Here is today’s list of the best values for Yonge Eglinton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Montgomery | Roselawn III - Penthouse Collection | 1BR,1BA | $4.53 |
| Montgomery Apartments | One Bedroom | 1BR,1BA | $3.31 |
| Brentwood Towers | Bachelor | Studio ,1BA | $2.68 |
| eCentral | The Connected | 1BR,1BA | $4.49 |
| Castlefield Apartments | Bachelor | Studio ,1BA | $2.79 |
| E18HTEEN | Addison | 1BR,1BA | $4.60 |
| Dunfield and Holly Towers | Bachelor | Studio ,1BA | $3.57 |
| Yonge Eglinton Apartments — Orchard View | 0 Beds, 1 Baths | Studio ,1BA | $4.21 |
| Yonge Eglinton Apartments – Duplex | 0 Beds, 1 Baths | Studio ,1BA | $4.36 |
| 166 Eastbourne Ave | 1-Bedroom* | 1BR,1BA | $4.64 |
Frequently Asked Questions about Cheap Yonge Eglinton Apartments
What is a cheap apartment in Yonge Eglinton?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Yonge Eglinton is under $2,115.
What is the price of a cheap apartment in Yonge Eglinton?
The cheapest apartment in Yonge Eglinton is 166 Eastbourne Ave which is listed at $1,564, while the average apartment in Yonge Eglinton costs $3,300.
What types of apartments are the cheapest in Yonge Eglinton?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in Yonge Eglinton that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.