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Cheap Apartments for Rent in Downtown Toronto, Toronto, ON

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  • Apartments Under $1,400 Apartments Under $1,600 Apartments Under $1,800 Apartments Under $2,000 Apartments Under $2,200

  • Apartments Under $1,400

  • 81 Spadina Road Studio Apartment for Rent
    Only 2 units left
    Studio $1,295+
    Base rent
    Verified Listing

    81 Spadina Road

    81 Spadina Road, Toronto, ON M5R 2T1
    Apply online
  • Only 1 unit left
    Studio $1,300
    Base rent
    Verified Listing

    440 Winona Drive

    4.0 (12)
    440 Winona Drive, York, ON M6C 3T7
    Apply online

  • Apartments Under $1,600

  • 9 units available
    Studio $1,450
    1 bd $1,799+
    2 bd $2,500
    Base rent
    Verified Listing

    130 Jameson Avenue

    3.0 (6)
    130 Jameson Avenue, Toronto, ON M6K 2Y2
    Apply online
  • Studio $1,465+
    1 bd $1,600+
    2 bd $2,605+
    Base rent
    Verified Listing

    Brentwood Towers

    23 Lascelles Boulevard, Toronto, ON M4V 2B9
    Apply online • Pet friendly
  • 8 units available
    Studio $1,500
    1 bd $1,725
    2 bd $1,900
    Base rent
    Verified Listing

    WELLESLEY APARTMENTS

    138-142 WELLESLEY STREET EAST, TORONTO, ON M4Y 1J1
    Apply online • Pet friendly
  • Studio $1,685
    1 bd $1,530+
    Base rent
    Verified Listing

    Cosburn Apartments

    101 Cosburn Avenue, Toronto, ON M4K 2G3
    Apply online • Pet friendly • Dishwasher
  • Studio $1,550
    1 bd $1,625
    Base rent
    Verified Listing

    435 WARRINGTON APARTMENTS

    435 SHERBOURNE STREET, TORONTO, ON M4X 1K5
    Pet friendly • Laundry Facilities
  • Studio $1,597
    Base rent
    Verified Listing

    267 St. George Street

    267 St. George Street, Toronto, ON M5R 2P9
    Pet friendly

  • Apartments Under $1,800

  • 11 units available
    Studio $1,700
    1 bd $1,750+
    Base rent
    Verified Listing

    JARVIS COURT APARTMENTS

    120 Maitland Street, Toronto, ON M4Y 2H3
    Apply online • Pet friendly • Laundry Facilities
  • 7 units available
    Studio $1,800
    1 bd $1,700+
    2 bd $2,500
    Base rent
    Verified Listing

    WINOAK APARTMENTS

    450 WINONA DRIVE, TORONTO, ON M6C 3T9
    Apply online • Pet friendly • Laundry Facilities
  • Rent specials
    Ask for pricing
    Verified Listing

    80 St. Clair East

    4.0 (24)
    80 St Clair Ave E., Toronto, ON M4T 1N6
    Pet friendly • Fitness center • Pool
  • Rent specials New Units Available
    Studio $1,747
    1 bd $1,897
    2 bd $2,597
    Base rent
    Verified Listing

    25 St. Mary Street

    4.5 (2)
    25 St. Mary Street, Toronto, ON M4Y 1R2
    Pet friendly • Fitness center • Laundry Facilities
  • Rent specials 5 units available
    Studio $1,749
    1 bd $2,000
    Base rent
    Verified Listing

    Cottingham Manor

    3.5 (11)
    291 Avenue Road, Toronto, ON M4V 2G9
    Apply online • Pet friendly
  • Studio $1,750
    Base rent
    Verified Listing

    608 Church

    608 Church Street, Toronto, ON M4Y 2E7
    Apply online • Pet friendly • Laundry Facilities
  • 10 units available
    Studio $1,775
    1 bd $1,850+
    2 bd $2,000
    Base rent
    Verified Listing

    125 LAWTON APARTMENTS

    125 LAWTON BLVD., TORONTO, ON M4V 2A1
    Apply online • Pet friendly

  • Apartments Under $2,000

  • 1 bd $1,845
    Base rent
    Verified Listing

    391 Sherbourne

    391 Sherbourne Street, Toronto, ON M4X 1K4
    Apply online • Pet friendly • Laundry Facilities
  • 1 bd $1,850
    2 bd $2,475
    Base rent
    Verified Listing

    414 Jarvis Street

    414 Jarvis Street, Toronto, ON M4Y 3C2
    Pet friendly
  • 1 bd $1,980
    Base rent
    Verified Listing

    425 Avenue Road

    425 Avenue Road, Toronto, ON M4V 2H7
    Apply online • Pet friendly • Hardwood Floors

  • Apartments Under $2,200

  • New Units Available
    Studio $2,010
    1 bd $2,310
    2 bd $3,334
    Base rent
    Verified Listing

    College Park

    424 Yonge Street, Toronto, ON M5B 2H3
    Apply online • Pet friendly • Fitness center
  • Ask for pricing
    Verified Listing

    433 WARRINGTON APARTMENTS

    433 SHERBOURNE STREET, TORONTO, ON M4X 1K5
    Pet friendly • Laundry Facilities
  • Ask for pricing
    Verified Listing

    WELLINGTON APARTMENTS

    437 JARVIS STREET, TORONTO, ON M4Y 2H1
    Pet friendly • Laundry Facilities
  • 433 JARVIS STREET Studio-10 Beds Apartment for Rent
    Ask for pricing
    Verified Listing

    WATERLOO APARTMENTS

    433 JARVIS STREET, TORONTO, ON M4Y 2G9
    Pet friendly • Laundry Facilities
  • Only 1 unit left
    Ask for pricing
    Verified Listing

    1002 Lawrence Avenue East

    4.5 (5)
    1002 Lawrence Avenue, East, Toronto, ON M3C 1R4
    Apply online • Pet friendly
  • Ask for pricing
    Verified Listing

    111 Cosburn

    111 Cosburn Avenue, East York, ON M4J 2L1
    Pet friendly • Laundry Facilities
  • 13-12-nhood
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Frequently asked questions

What is the price of a cheap apartment in Downtown Toronto, Toronto, ON?

The price range of a cheap apartment is between $1,295 and $3,334.

How many cheap rentals are available in Downtown Toronto, Toronto, ON on RentCafe?

There are 38 cheap rentals available on RentCafe. Prices and availability in Downtown Toronto, Toronto, ON were last updated on 20 Oct 2026.

What is the average size of a cheap apartment in Downtown Toronto, Toronto, ON?

The average Downtown Toronto, Toronto, ON cheap apartment size is 135 sq. ft.

What are the advantages of renting a cheap apartment in Downtown Toronto, Toronto, ON?

Cheap apartments in Downtown Toronto, Toronto, ON are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Downtown Toronto, Toronto, ON?

A cheap apartment in Downtown Toronto, Toronto, ON offers little storage space and fewer amenities compared to other apartments.