Cheap Homes for Rent in Alderwood Neighborhood of Toronto, ON from C$1,500 (5 Rentals)

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

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Cheapest Available Alderwood Apartments for Rent

 

The cheapest available apartment rental in the Alderwood area of Toronto, ON is a Studio unit found at 1051-1061 Seneca Av priced from C$1,699. Marina View Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from C$1,800. Here are the most affordable Alderwood apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
1051-1061 Seneca AvBachelorStudio,1BAC$1,699
Marina View ApartmentsGround 1 Bedroom1BR,1BAC$1,800
Bristol Arms ApartmentBACHELORStudio,1BAC$1,825

Best Value Apartments for Rent in Alderwood, ON

As of March 27, 2025 the best value apartment in the Alderwood area is the C$2.60 price per square foot 2 Beds, 1 Baths Model at Sheldon Towers in the in the Port Credit neighborhood starting from C$2,750. The second greatest value Alderwood apartment is the 2 Beds, 1 Baths Model at Evans Apartments starting at C$2,730 with a C$2.84 price per square foot in the Port Credit neighborhood. Here is today’s list of the best values for Alderwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sheldon Towers2 Beds, 1 Baths2BR,1BAC$2.60
Evans Apartments2 Beds, 1 Baths2BR,1BAC$2.84
Humber River ApartmentsTwo Bedroom2BR,1BAC$2.76
Fairfield TowersOne Bedroom1BR,1BAC$2.53
3085 Queen Frederica2 bedroom2BR,1BAC$2.47
Marina View Apartments2 Bedroom2BR,1BAC$2.88
Lakewood Apartments I1 Bedroom1BR,1BAC$2.97
The KayOne Bedroom1BR,1BAC$3.27
Roxbury ManorOne Bedroom1BR,1BAC$3.09
Bridgewood Place1 Bedroom(s) and 1 Bathroom(s)1BR,1BAC$3.37

Frequently Asked Questions about Alderwood

What type of rentals are currently available in Alderwood?

There are currently 84 Apartments for Rent in Alderwood, ON with pricing that ranges from C$1,699 to C$3,200. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alderwood ranging from C$1,550 to C$7,500.

What is the current price range for Rental Homes in Alderwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Alderwood ranges from C$1,550 to C$7,500 with an average monthly rent of C$4,356.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

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With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

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While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

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If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.