
Cheap Homes for Rent in Mimico Neighborhood of Toronto, ON from C$1,600 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Mimico area of Toronto.


164-164 Melrose St

68-68 Fifteenth St

34 Ringley Ave

25A Milton St

1195-1195 The Queensway

362-362 Royal York Rd

38-2038 Annie Craig Dr

859-859 The Queensway

60-B260 Annie Craig Dr

2522 Lake Shore Blvd W

213 Royal York Rd

36-3236 Zorra St

17-917 Zorra St

36-2936 Zorra St

2212-2212 Lake Shore Blvd W

36-2436 Zorra St

2-2 Wesley St

80-280 Marine Parade Dr

2-2 Wesley St

2240-2240 Lake Shore Blvd W
Mimico, Toronto, ON Local Guide
How much does it cost to rent a home in Mimico?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Mimico 2 Bedroom Homes for Rent | C$2,819 | C$2,000 | C$4,300 |
Mimico 3 Bedroom Homes for Rent | C$3,753 | C$2,800 | C$8,400 |
Mimico 4 Bedroom Homes for Rent | C$4,225 | C$3,950 | C$4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 21 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 |
Islington Apartments | 1 Beds, 1 Baths | 1BR,1BA | C$1,780 |
Marina View Apartments | Ground 1 Bedroom | 1BR,1BA | C$1,800 |
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 Mimico
What type of rentals are currently available in Mimico?
There are currently 354 Apartments for Rent in Mimico, ON with pricing that ranges from C$999 to C$4,506. There are also 97 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mimico ranging from C$1,750 to C$8,400.
What is the current price range for Rental Homes in Mimico?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mimico ranges from C$1,750 to C$8,400 with an average monthly rent of C$3,004.
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.