Homes for Rent in Toronto, ON Under C$1,500(77 Rentals)

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Toronto, ON Local Guide

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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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Frequently Asked Questions about Toronto

What type of rentals are currently available in Toronto?

There are currently 9485 Apartments for Rent in Toronto, ON with pricing that ranges from C$845 to C$12,000. There are also 3423 Single Family Homes for rent, Condos, and Townhome rentals currently available in Toronto ranging from C$800 to C$60,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Toronto ranges from C$800 to C$60,000 with an average monthly rent of C$7,166.

How much are larger Three and Four Bedroom Rentals in Toronto?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Toronto range from C$1,126 to C$9,680, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$1,000 to C$22,500. Four Bedroom Single-Family rentals are also available starting from C$800 and Four Bedroom Apartments start at C$845.

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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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print. While most leases...

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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. While fees will range depending on...

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new...

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Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in...