Cheap Apartments for Rent in Vaughan, ON from $1,000 (111 Rentals)

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Search the lowest-cost Apartments available for rent right now in Vaughan.

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.

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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.

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Terrace Wood
$1,400 - $2,195
Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $2,195
Total Monthly Price
$1,400 - $2,195
Studio to 2 Bedroom Apartments Available Now

Terrace Wood

45 Driftwood AveToronto, ON M3N 2M4
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470 Sentinel Road
Rent Specials
$1,579 - $2,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,579 - $2,650
Total Monthly Price
$1,579 - $2,650
Studio to 3 Bedroom Apartments Contact Us For Availability

470 Sentinel Road

470 Sentinel RdToronto, ON M3J 1V6
Student Housing
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property at 54 Crystalview Cres

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

Studio, 1 Bath Home for Rent

Available Now

54 Crystalview Cres

BramptonONL6P 2S3

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.

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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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NORTH WEST APARTMENTS
$1,000 - $2,450Studio to 2 Bedroom Apartments

NORTH WEST APARTMENTS

2900 Jane StToronto, ON M3N 2J6
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Rona Place
$1,015 - $1,7451 to 2 Bedroom Apartments

Rona Place

391 Sentinel RdToronto, ON M3J 1T3

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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Vaughan, ON Local Guide

Cheapest Neighborhoods for Apartments in Vaughan, ON

Pricing Updated: 07/28/2026

Current apartment rentals in the Vaughan, ON area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Vaughan Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Richmond Hill Vaughan King$25,391$1,419237

Cheapest Available Vaughan Apartments for Rent

 

The cheapest available apartment rental in Vaughan, ON is a 2 Beds unit found at The Quad at York Phase 2 in the Downsview neighborhood priced from $1,399. Terrace Wood in the Black Creek neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,400. Here is today’s list of the most affordable Vaughan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Quad at York Phase 22-2S22BR,2BA$1,399
Terrace WoodStudioStudio,1BA$1,400
4750 Bathurst StreetStudioStudio,1BA$1,557
Park Willow DevelopmentsBachStudio,1BA$1,599
Weston Towers IBachelorStudio,1BA$1,775
Weston Towers IIBachelorStudio,1BA$1,775
35 Tobermory Dr1 Bedroom1BR,1BA$1,799
Elmpark Manor Apartments 11 Bedroom1BR,1BA$1,849
Fifeshire TowersJr. 1 Bdm1BR,1BA$1,849
Buckingham House1 Bedroom1BR,1BA$1,850

Best Value Apartments for Rent in Vaughan, ON

As of July 28, 2026 the best value apartment in the Vaughan area is the $2.18 price per square foot 2 Beds, 1 Baths Model at 85 Henderson Avenue Townhomes in the in the Markham neighborhood starting from $3,070. The second greatest value Vaughan apartment is the Three Bedroom Model at 70 Hucknall Rd starting at $2,879 with a $2.40 price per square foot in the Downsview neighborhood. Here is today’s list of the best values for Vaughan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
85 Henderson Avenue Townhomes2 Beds, 1 Baths2BR,1BA$2.18
70 Hucknall RdThree Bedroom3BR,1BA$2.40
Bathville Towers2 Bedroom2BR,1BA$2.35
Benville Court ApartmentsThree Bedroom3BR,1BA$2.49
Duncanwoods ManorOne Bedroom1BR,1BA$2.39
Rosslyn Residence1 Bedroom1BR,1BA$2.08
Willowdale Apartments1 bedroom1BR,1BA$2.48
Sandringham House1 Bedroom1BR,1BA$2.37
Tiffany Hill ApartmentsOne Bedroom1BR,1BA$2.50
La Corona1 Bedroom1BR,1BA$2.46

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Vaughan, ON Rentals by Map

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Frequently Asked Questions about Cheap Vaughan Apartments

What is a cheap apartment in Vaughan?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Vaughan is under $1,850.

What is the price of a cheap apartment in Vaughan?

The cheapest apartment in Vaughan is Terrace Wood which is listed at $1,750, while the average apartment in Vaughan costs $25,391.

What types of apartments are the cheapest in Vaughan?

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 9 regular apartments in Vaughan that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Vaughan?

Cheap apartments in Vaughan have an average cost of $176 which is $25,215 cheaper than the average rent for all rentals in Vaughan.

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

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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.