Cheap Apartments for Rent in Toronto, ON from C$700 with Washer/Dryer (32 Rentals)

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

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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property at 1610 Alwin Cir

1610 Alwin Cir

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Toronto, ON Local Guide

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Toronto, ON Area Reviews

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Dee • 4+ years in Toronto

February 25, 2025

30 years here ... its not impressive working people cant afford rent

Frequently Asked Questions about Cheap Toronto Apartments

What is the Cheapest Studio apartment in Toronto?

Currently the most affordable Cheap Studio Apartment in Toronto is at Bradley Court listed at C$1,045.

How much is rent for a Cheap One Bedroom Toronto Apartment?

The lowest price for a Cheap One Bedroom Toronto Apartment is C$1,313 at Carrying Place Vista.

What is the lowest price for a Cheap Two Bedroom Toronto Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Toronto is starting from C$1,799 at Queensview Apartments.

What is the most affordable Toronto Three Bedroom Apartment?

The best deal on a cheap Toronto Three Bedroom Apartment rental is at Fifeshire Towers and starts from C$1,419.

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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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

Written by: Andrea Lee Negroni, JD

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

Written by: Amber Kanuckel

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.