Cheap Homes for Rent in Waterfront Communities The Island Neighborhood of Toronto, ON from C$1,600 (195 Rentals)

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Search the lowest-cost Homes available for rent right now in the Waterfront Communities The Island area of Toronto.

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Cheapest Available Waterfront Communities The Island Apartments for Rent

 

The cheapest available apartment rental in the Waterfront Communities The Island area of Toronto, ON is a Studio unit found at The 203 Residences priced from C$1,985. 39 Niagara has the second lowest priced unit, which is a Studio apartment currently listed from C$1,999. Here are the most affordable Waterfront Communities The Island apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
The 203 ResidencesStudioStudio,1BAC$1,985
39 Niagara0 Beds, 1 BathsStudio,1BAC$1,999
One32Studio 1 BathStudio,1BAC$2,000
Grange ApartmentsOnee bedroom1BR,1BAC$2,100
MotionStudio 1 BathStudio,1BAC$2,125
JazzStudio 1 BathStudio,1BAC$2,150
FourFifty The WellThe Logan IIStudio,1BAC$2,174
Fifty on the ParkStudioStudio,1BAC$2,195
Toronto HouseStudioStudio,1BAC$2,295
Maple HouseA11BR,1BAC$2,300

Best Value Apartments for Rent in Waterfront Communities The Island, ON

As of April 18, 2025 the best value apartment in the Waterfront Communities The Island area is the C$2.33 price per square foot Large Three Bedroom Model at Grange Apartments in the in the Kensington Chinatown neighborhood starting from C$2,799. The second greatest value Waterfront Communities The Island apartment is the 2 Bedroom 1.5 Bath Model at Richmond starting at C$2,844 with a C$3.13 price per square foot in the South Parkdale King West neighborhood. Here is today’s list of the best values for Waterfront Communities The Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grange ApartmentsLarge Three Bedroom3BR,2BAC$2.33
Richmond2 Bedroom 1.5 Bath2BR,1.5BAC$3.13
90 Adelaide St ETwo Bedroom Apartment2BR,1BAC$2.96
The TaylorA2-A1BR,1BAC$5.10
Maple HouseA111BR,1BAC$4.97
Fifty on the ParkStudioStudio ,1BAC$4.26
The 203 ResidencesStudioStudio ,1BAC$4.22
Toronto HouseStudioStudio ,1BAC$5.08
MotionStudio 1 BathStudio ,1BAC$5.30
One32Studio 1 BathStudio ,1BAC$5.39

Frequently Asked Questions about Waterfront Communities The Island

What type of rentals are currently available in Waterfront Communities The Island?

There are currently 499 Apartments for Rent in Waterfront Communities The Island, ON with pricing that ranges from C$1,471 to C$9,680. There are also 538 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterfront Communities The Island ranging from C$1,680 to C$22,500.

What is the current price range for Rental Homes in Waterfront Communities The Island?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterfront Communities The Island ranges from C$1,680 to C$22,500 with an average monthly rent of C$3,611.

How much are larger Three and Four Bedroom Rentals in Waterfront Communities The Island?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Waterfront Communities The Island range from C$2,706 to C$9,680, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$2,300 to C$22,500. Four Bedroom Single-Family rentals are also available starting from C$3,800 and Four Bedroom Apartments start at C$6,500.

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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.