Cheap Homes for Rent in Bay Street Corridor Neighborhood of Toronto, ON from C$1,200 (76 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 1-50, Page 1 of 2

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 The Lincoln priced from C$1,539. 550 Jarvis St has the second lowest priced unit, which is a Studio apartment currently listed from C$1,549. Here are the most affordable Bay Street Corridor apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
The Lincoln0 Bedroom(s) and 1 Bathroom(s)Studio,1BAC$1,539
550 Jarvis StBachelor ApartmentStudio,1BAC$1,549
The MaplesBachelorStudio,1BAC$1,599
608 Church StreetBACHELORStudio,1BAC$1,745
Wellesley Apartments0 Beds, 1 BathsStudio,1BAC$1,770
Village GreenSEStudio,1BAC$1,794
College Park SuitesBachelorStudio,1BAC$1,809
1101 Bay Street ApartmentsStudioStudio,1BAC$1,895
66 Isabella StOne Bedroom2BR,2BAC$1,899
91 Wellesley Street1 Bed, 1 bath1BR,1BAC$1,979

Best Value Apartments for Rent in Bay Street Corridor, ON

As of March 24, 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 1 Bed, 1 bath Model at 91 Wellesley Street starting at C$1,979 with a C$2.99 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
91 Wellesley Street1 Bed, 1 bath1BR,1BAC$2.99
66 Isabella StOne Bedroom + Den1BR,1BAC$3.39
77 Gerrard WestOne Bedroom1BR,1BAC$3.48
The MaplesTwo Bedroom2BR,1BAC$4.00
Carlton Court ApartmentsJunior One Bedroom1BR,1BAC$4.09
The Bay ClubStudioStudio ,1BAC$4.02
MotionStudio 1 BathStudio ,1BAC$4.19
The Lincoln0 Bedroom(s) and 1 Bathroom(s)Studio ,1BAC$3.64
550 Jarvis StBachelor ApartmentStudio ,1BAC$4.62

Frequently Asked Questions about Bay Street Corridor

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

There are currently 370 Apartments for Rent in Bay Street Corridor, ON with pricing that ranges from C$1,539 to C$10,900. There are also 408 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bay Street Corridor ranging from C$1,250 to C$12,000.

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$1,250 to C$12,000 with an average monthly rent of C$3,568.

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$10,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$2,690 to C$12,000. 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 What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

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.