2294 Lake Shore Blvd W
TorontoONM8V 1B4
Cheap Apartments for Rent in the Mimico Neighborhood of Toronto, ON from C$900 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mimico area of Toronto.
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from C$1,550Studio to 2 Bedroom Apartments Available Now
22 Oakmount
22 Oakmount RdToronto, ON M6P 2M7
2527 Lake Shore Blvd W
TorontoONM8V 1E9
148 Islington Ave
TorontoONM8V 3B6
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from C$1,8001 to 3 Bedroom Apartments Available Now
Marina View Apartments
2303-2307 Lake Shore Blvd WToronto, ON M8V 1A7
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Mimico, Toronto, ON Local Guide
How much does it cost to rent an apartment in Mimico?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mimico Studio Apartments | C$1,676 | C$1,545 | C$1,950 |
| Mimico 1 Bedroom Apartments | C$2,013 | C$1,780 | C$2,250 |
| Mimico 2 Bedroom Apartments | C$2,607 | C$2,300 | C$3,200 |
| Mimico 3 Bedroom Apartments | C$3,200 | C$2,600 | C$4,506 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Mimico Neighborhood of Toronto, ON.
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Cheapest Available Mimico Apartments for Rent
The cheapest available apartment rental in the Mimico area of Toronto, ON is a Studio unit found at 40 Beaty Av priced from C$1,545. 22 Oakmount has the second lowest priced unit, which is a Studio apartment currently listed from C$1,550. Here are the most affordable Mimico apartments for rent in Toronto, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 40 Beaty Av | Studio | Studio,1BA | C$1,545 |
| 22 Oakmount | Bachelor | Studio,1BA | C$1,550 |
| Mimico Estates | 0 Beds, 1 Baths | Studio,1BA | C$1,635 |
Best Value Apartments for Rent in Mimico, ON
As of March 25, 2025 the best value apartment in the Mimico area is the C$2.76 price per square foot Two Bedroom Model at Humber River Apartments in the in the Alderwood neighborhood starting from C$2,619. The second greatest value Mimico apartment is the One Bedroom Model at Fairfield Towers starting at C$2,199 with a C$2.53 price per square foot in the Alderwood neighborhood. Here is today’s list of the best values for Mimico apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Humber River Apartments | Two Bedroom | 2BR,1BA | C$2.76 |
| Fairfield Towers | One Bedroom | 1BR,1BA | C$2.53 |
| Marina View Apartments | 2 Bedroom | 2BR,1BA | C$2.88 |
| Landmark Apartments | 2 Bedroom | 2BR,1BA | C$3.31 |
| 2 Superior Avenue | 1 Beds, 1 Baths | 1BR,1BA | C$2.93 |
| Lakewood Apartments I | 1 Bedroom | 1BR,1BA | C$2.97 |
| Roxbury Manor | One Bedroom | 1BR,1BA | C$3.09 |
| Shoreline Towers - I & II | One Bedroom | 1BR,1BA | C$3.49 |
| Mimico Estates | 0 Beds, 1 Baths | Studio ,1BA | C$2.85 |
| 22 Oakmount | Bachelor | Studio ,1BA | C$3.62 |
Frequently Asked Questions about Cheap Mimico Apartments
What is the Cheapest Studio apartment in Mimico?
Currently the most affordable Cheap Studio Apartment in Mimico is at 40 Beaty Av listed at C$1,545.
How much is rent for a Cheap One Bedroom Mimico Apartment?
The lowest price for a Cheap One Bedroom Mimico Apartment is C$1,780 at Islington Apartments.
What is the lowest price for a Cheap Two Bedroom Mimico Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mimico is starting from C$2,199 at 2335 Lake Shore Blvd W.
What is the most affordable Mimico Three Bedroom Apartment?
The best deal on a cheap Mimico Three Bedroom Apartment rental is at Marina View Apartments and starts from C$2,600.
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.
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.
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.
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.
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.