Cheap Apartments for Rent in the New Toronto Neighborhood of Toronto, ON from C$1,700 (26 Rentals)

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Search the lowest-cost Apartments available for rent right now in the New Toronto area of Toronto.

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105 25th St
Studio to 1 Bedroom Apartments

105 25th St

105 25th StToronto, ON M8V 3P9
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122 8th St
Studio Apartments

122 8th St

122 8th StToronto, ON M8V 1J5
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10-12 Dwight Ave
Studio to 1 Bedroom Apartments

10-12 Dwight Ave

10-12 Dwight AveToronto, ON M8V 1H1
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12 Sand Beach Rd
Studio to 2 Bedroom Apartments

12 Sand Beach Rd

12 Sand Beach RdToronto, ON M8V 3Y8
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230 Royal York Rd
1 to 2 Bedroom Apartments

230 Royal York Rd

230 Royal York RdToronto, ON M8V 2V9
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185 Symons St
1 Bedroom Apartments

185 Symons St

185 Symons StToronto, ON M8V 1V1
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Lakewood Apartments I
from C$1,9851 to 3 Bedroom Apartments Available Now

Lakewood Apartments I

1257 E Lakeshore RdMississauga, ON L5E 3G8
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Showing Results 1-26, Page 1 of 1

Cheapest Available New Toronto Apartments for Rent

 

The cheapest available apartment rental in the New Toronto area of Toronto, ON is a 1 Bed unit found at Islington Apartments priced from C$1,780. Marina View Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from C$1,800. Here are the most affordable New Toronto apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
Islington Apartments1 Beds, 1 Baths1BR,1BAC$1,780
Marina View ApartmentsGround 1 Bedroom1BR,1BAC$1,800
Lakewood Apartments I1 Bedroom1BR,1BAC$1,985
Roxbury ManorOne Bedroom1BR,1BAC$1,999
Humber River ApartmentsOne Bedroom1BR,1BAC$1,999
Fairfield TowersOne Bedroom1BR,1BAC$2,199
155 Lake Shore155 Lake Shore - Plan A2BR,1BAC$2,699
Shoreline Towers2 bedroom, 1 bath with a balcony2BR,1BAC$2,750

Best Value Apartments for Rent in New Toronto, ON

As of March 25, 2025 the best value apartment in the New Toronto 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 New Toronto apartment is the 155 Lake Shore - Plan A Model at 155 Lake Shore starting at C$2,699 with a C$3.03 price per square foot in the New Toronto neighborhood. Here is today’s list of the best values for New Toronto apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Humber River ApartmentsTwo Bedroom2BR,1BAC$2.76
155 Lake Shore155 Lake Shore - Plan A2BR,1BAC$3.03
Fairfield TowersOne Bedroom1BR,1BAC$2.53
Shoreline Towers2 bedroom, 1 bath with a balcony2BR,1BAC$3.33
Marina View Apartments2 Bedroom2BR,1BAC$2.88
Lakewood Apartments I1 Bedroom1BR,1BAC$2.97
Roxbury ManorOne Bedroom1BR,1BAC$3.09
Islington Apartments1 Beds, 1 Baths1BR,1BAC$4.34

Frequently Asked Questions about Cheap New Toronto Apartments

How much is rent for a Cheap One Bedroom New Toronto Apartment?

The lowest price for a Cheap One Bedroom New Toronto Apartment is C$1,780 at Islington Apartments.

What is the lowest price for a Cheap Two Bedroom New Toronto Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in New Toronto is starting from C$2,300 at Marina View Apartments.

What is the most affordable New Toronto Three Bedroom Apartment?

The best deal on a cheap New Toronto 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.

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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.

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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.

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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.

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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.