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641 Vaughan Road, Toronto, ON M6E 2Y4
Pet friendly • In unit laundry • Hardwood Floors
Apartments for Rent in Toronto, ON under $700
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Studio $597Base rent5.0 (1)139 Yarmouth Road, Toronto, ON M6G 1X3Pet friendly -
Studio $130Base rent1 SPRINGHURST AVE., TORONTO, ON M6K 1A8Pet friendly -
1 bd $240Base rentPARKING - 125 BLUE JAYS WAY, Toronto (Waterfront Communities), ON M5V0N5 -
Studio $150Base rent800 LAWRENCE AVENUE, Toronto (Yorkdale-Glen Park), ON M6A1C2 -
Studio $300Base rentB-33 - 308 JARVIS STREET, Toronto (Church-Yonge Corridor), ON M5B0E3 -
Studio $280Base rentP2 07 - 220 VICTORIA STREET, Toronto (Church-Yonge Corridor), ON M5B1V8 -
Studio $250Base rent209 - 832 BAY STREET, Toronto (Bay Street Corridor), ON M5S1Z6 -
Studio $300Base rentPARKING @P1 - 425 FRONT STREET E, Toronto (Waterfront Communities), ON M5A0X2 -
Studio $350Base rentPARKING AND LOCKER - 100 DALHOUSIE STREET, Toronto (Church-Yonge Corridor), ON M5B0C7 -
Studio $250Base rentPARKING - 195 MCCAUL STREET, Toronto (Kensington-Chinatown), ON M5T0E5 -
Studio $199Base rentP2-B37 - 25 NEIGHBOURHOOD LANE, Toronto (Stonegate-Queensway), ON M8Y0C4 -
Studio $250Base rent5 ST. JOSEPH STREET, Toronto (Bay Street Corridor), ON M4Y1J6 -
Studio $600Base rent- EV PARKING (L2 CHARGER) - 11 YORKVILLE AVENUE, Toronto (Annex), ON M4W0B7 -
Studio $200Base rent225 SUMACH STREET, Toronto (Regent Park), ON M5A0P8 -
Studio $250Base rentPK09 - 25 BEDFORD ROAD, Toronto (Annex), ON M5R2K1 -
Studio $350Base rentPARKING - 20 LOMBARD STREET, Toronto (Waterfront Communities), ON M5C0A7 -
Studio $180Base rent30 OLD MILL ROAD, Toronto (Kingsway South), ON M8X0A5 -
Studio $250Base rentPARKING - 15 GRENVILLE STREET, Toronto (Bay Street Corridor), ON M4Y0B9 -
Studio $199Base rentP2-B34 - 25 NEIGHBOURHOOD LANE, Toronto (Stonegate-Queensway), ON M8Y0C4 -
Studio $150Base rent1080 BAY STREET STREET, Toronto (Bay Street Corridor), ON M5S0A5 -
1 bd $699Base rentONE BEDROOM MAIN FLOOR - 3 BUTTERFIELD DR DRIVE, Toronto (Parkwoods-Donalda), ON M3A2L9
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1 bd $700Base rentMAIN FLOOR UNIT - 17 WISHING WELL DRIVE, Toronto (Tam O'shanter-Sullivan), ON M1T1H9
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1 bd $650Base rentSECOND FLOOR UNIT - 17 WISHING WELL DRIVE, Toronto (Tam O'shanter-Sullivan), ON M1T1H9
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1 bd $250Base rentPARKING - 290 ADELAIDE STREET W, Toronto (Waterfront Communities), ON M5V0P3
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Frequently asked questions
When were prices and availability in Toronto, ON last updated?
Prices and availability in Toronto, ON were last updated on 15 Sep 2026.
What are the best apartments in Toronto, ON?
The best apartments in Toronto, ON are: 390 Queens Quay West, 25 St. Mary Street, 196 Eglinton Avenue East, 2700 Bathurst Street and 10 Walmer Road.
Renting apartments in Toronto, ON under $700
Searching for apartments for rent in Toronto, ON under $700 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Toronto, ON, where the average rent is $361 per month, there are 36 units available for less than $700. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.
We’ll help you find the cheapest rental near you
Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $700” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Toronto, ON. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Toronto, ON going for $130 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.