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
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Studio $130Base rent1 SPRINGHURST AVE., TORONTO, ON M6K 1A8Pet friendly -
1 bd $699Base rentUNIT A BSMT - 23 PINEWAY BLVD BOULEVARD, Toronto (Bayview Woods-Steeles), ON M2H1A3
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1 bd $650Base rentBASEMENT UNIT 2 - 2608 ISLINGTON AVENUE, Toronto (Thistletown-Beaumonde Heights), ON M9V2X3
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1 bd $240Base rentPARKING - 125 BLUE JAYS WAY, Toronto (Waterfront Communities), ON M5V0N5
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Studio $150Base rent800 LAWRENCE AVENUE W, Toronto (Yorkdale-Glen Park), ON M6A0B1
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1 bd $700Base rentBASEMENT UNIT 1 - 123 STEELES AVENUE E, Toronto (Newtonbrook East), ON M2M3Y5
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Studio $150Base rent3091 DUFFERIN STREET, Toronto (Yorkdale-Glen Park), ON M6A0C4
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Studio $300Base rentB-33 - 308 JARVIS STREET, Toronto (Church-Yonge Corridor), ON M5B0E3
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Studio $200Base rent225 SUMACH STREET, Toronto (Regent Park), ON M5A0P8
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Studio $280Base rentP2 07 - 220 VICTORIA STREET, Toronto (Church-Yonge Corridor), ON M5B1V8
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Studio $280Base rent7 GRENVILLE STREET, Toronto (Bay Street Corridor), ON M4Y1A1
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Studio $250Base rentPARKING - 195 MCCAUL STREET, Toronto (Kensington-Chinatown), ON M5T0E5
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1 bd $550Base rentROOM A - 10 EMMOTT AVENUE, Toronto (Oakridge), ON M1L2X3
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Studio $300Base rentPARKING - 55 MERCER STREET, Toronto (Waterfront Communities), ON M5V0W4
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Studio $200Base rentP114 - 11 WELLESLEY STREET W, Toronto (Bay Street Corridor), ON M4Y0G4
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Studio $250Base rent209 - 832 BAY STREET, Toronto (Bay Street Corridor), ON M5S1Z6
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Studio $200Base rentPARKING - 5858 YONGE ST STREET, Toronto (Newtonbrook West), ON M2M0C6
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Studio $200Base rent121 ST. PATRICK ST., Toronto (Kensington-Chinatown), ON M5T0B8
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Studio $250Base rentPK09 - 25 BEDFORD ROAD, Toronto (Annex), ON M5R2K1
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Studio $200Base rentP2 - 770 BAY STREET, Toronto (Bay Street Corridor), ON M5G0A6
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Studio $175Base rentP3-28 - 38 JOE SHUSTER WAY, Toronto (South Parkdale), ON M6K0A5
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Studio $199Base rentP2-B34 - 25 NEIGHBOURHOOD LANE, Toronto (Stonegate-Queensway), ON M8Y0C4
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1 bd $625Base rent314 - ROOM 3 - 684 WARDEN AVENUE, Toronto (Clairlea-Birchmount), ON M1L4W4
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1 bd $220Base 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 6 Aug 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.
Your search for apartments in Toronto, ON under $700 stops here
Finding apartments for rent in Toronto, ON for less than $700 has never been so easy! At RentCafe nice cheap apartments are just one click away. There are currently 30 available units in Toronto, ON, renting for under $700. On average, $325 can get you 756 Sqft in this area. Be sure to search for the apartment that is best for you. Under “More”, check the amenities that you consider a must-have, and don’t forget to look at the pet policy. Fitness enthusiasts can even check the Fitness Center box. Whether you are looking for studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, you are sure to find one that will make you want to move in right away.
We’ll help you find the best rental near you
Having to compromise on either price or location can turn your “apartments near me under $700” search into a nightmare. At RentCafe we recognize the importance of both. Therefore, we offer a variety of filters that can help you find exactly what you want. Sorting the results by rent, ascending, will make the cheapest units show up first on the list. Try it out! You will find that right now the cheapest apartment under $700 in Toronto, ON goes for $130 per month. If some of the results are outside the area of your choice, you can go to the left side of the screen and draw a radius or a polygon around your location. Now you will only see results that are relevant to you.