Cheap Homes for Rent in Yonge Eglinton Neighborhood of Toronto, ON from $1,400 (22 Rentals)

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

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.

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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 ListingModel NameBed/BathPriced From
Castlefield ApartmentsBachelorStudio,1BA$1,299
Brentwood TowersBachelorStudio,1BA$1,555
166 Eastbourne Ave1-Bedroom*1BR,1BA$1,564
Dunfield and Holly TowersBachelorStudio,1BA$1,600
Yonge Eglinton Apartments — Orchard View0 Beds, 1 BathsStudio,1BA$1,685

Best Value Apartments for Rent in Yonge Eglinton, ON

As of April 23, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The MontgomeryRoselawn III - Penthouse Collection1BR,1BA$4.53
Montgomery ApartmentsOne Bedroom1BR,1BA$3.31
Brentwood TowersBachelorStudio ,1BA$2.68
eCentralThe Connected1BR,1BA$4.49
Castlefield ApartmentsBachelorStudio ,1BA$2.79
E18HTEENAddison1BR,1BA$4.60
Dunfield and Holly TowersBachelorStudio ,1BA$3.57
Yonge Eglinton Apartments — Orchard View0 Beds, 1 BathsStudio ,1BA$4.21
Yonge Eglinton Apartments – Duplex0 Beds, 1 BathsStudio ,1BA$4.36
166 Eastbourne Ave1-Bedroom*1BR,1BA$4.64

Frequently Asked Questions about Yonge Eglinton

What type of rentals are currently available in Yonge Eglinton?

There are currently 156 Apartments for Rent in Yonge Eglinton, ON with pricing that ranges from $1,299 to $4,500. There are also 166 Single Family Homes for rent, Condos, and Townhome rentals currently available in Yonge Eglinton ranging from $1,400 to $6,200.

What is the current price range for Rental Homes in Yonge Eglinton?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Yonge Eglinton ranges from $1,400 to $6,200 with an average monthly rent of $2,906.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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.