Cheap Homes for Rent in New Toronto Neighborhood of Toronto, ON from C$1,700 (3 Rentals)

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

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Best Value Apartments for Rent in New Toronto, ON

As of March 28, 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
Marina View Apartments2 Bedroom2BR,1BAC$2.88
Lakewood Apartments I1 Bedroom1BR,1BAC$2.97
Roxbury ManorOne Bedroom1BR,1BAC$3.09
Shoreline Towers1 bedroom, 1 bath with a balcony1BR,1BAC$3.49
Islington Apartments1 Beds, 1 Baths1BR,1BAC$4.34

Frequently Asked Questions about New Toronto

What type of rentals are currently available in New Toronto?

There are currently 130 Apartments for Rent in New Toronto, ON with pricing that ranges from C$1,780 to C$4,506. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Toronto ranging from C$1,750 to C$2,600.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in New Toronto ranges from C$1,750 to C$2,600 with an average monthly rent of C$2,112.

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.