Cheap Homes for Rent in Bay Street Corridor Neighborhood of Toronto, ON from C$1,200 (49 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 89 McGill St

89 McGill St

TorontoONM5B 0B1
Showing Results 1-49, Page 1 of 1

Cheapest Available Bay Street Corridor Apartments for Rent

 

The cheapest available apartment rental in the Bay Street Corridor area of Toronto, ON is a Studio unit found at 550 Jarvis St priced from C$1,549. The Maples has the second lowest priced unit, which is a Studio apartment currently listed from C$1,599. Here are the most affordable Bay Street Corridor apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
550 Jarvis StBachelor ApartmentStudio,1BAC$1,549
The MaplesBachelorStudio,1BAC$1,599
25 St. Mary StreetBachelorStudio,1BAC$1,625
MotionStudio 1 BathStudio,1BAC$1,650
608 Church StreetBACHELORStudio,1BAC$1,745
Wellesley Apartments0 Beds, 1 BathsStudio,1BAC$1,745
Mid-Town ApartmentsBachelorStudio,1BAC$1,795
College Park SuitesBachelorStudio,1BAC$1,809
Village GreenSEStudio,1BAC$1,825
135 Isabella St1 bedroom large1BR,1BAC$1,875

Best Value Apartments for Rent in Bay Street Corridor, ON

As of April 16, 2025 the best value apartment in the Bay Street Corridor area is the C$3.78 price per square foot One Bedroom Model at The Colonnade in the in the Bay Street Corridor neighborhood starting from C$3,099. The second greatest value Bay Street Corridor apartment is the One Bedroom Model at 77 Gerrard West starting at C$2,195 with a C$3.48 price per square foot in the Bay Street Corridor neighborhood. Here is today’s list of the best values for Bay Street Corridor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The ColonnadeOne Bedroom1BR,1BAC$3.78
77 Gerrard WestOne Bedroom1BR,1BAC$3.48
135 Isabella St1 bedroom large1BR,1BAC$3.02
The MaplesTwo Bedroom2BR,1BAC$4.00
The Lincoln1 Bedroom(s) and 1 Bathroom(s)1BR,1BAC$3.65
Carlton Court ApartmentsJunior One Bedroom1BR,1BAC$4.00
66 Isabella StOne Bedroom1BR,1BAC$3.75
Mid-Town ApartmentsBachelorStudio ,1BAC$3.59
MotionStudio 1 BathStudio ,1BAC$4.11
25 St. Mary StreetBachelorStudio ,1BAC$4.11

Frequently Asked Questions about Bay Street Corridor

What type of rentals are currently available in Bay Street Corridor?

There are currently 360 Apartments for Rent in Bay Street Corridor, ON with pricing that ranges from C$1,549 to C$10,300. There are also 361 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bay Street Corridor ranging from C$1,200 to C$13,500.

What is the current price range for Rental Homes in Bay Street Corridor?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Bay Street Corridor ranges from C$1,200 to C$13,500 with an average monthly rent of C$3,635.

How much are larger Three and Four Bedroom Rentals in Bay Street Corridor?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Bay Street Corridor range from C$4,600 to C$10,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$2,620 to C$13,500. Four Bedroom Single-Family rentals are also available starting from C$3,800 and Four Bedroom Apartments start at C$5,500.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords & Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords & 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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.