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Apartments for Rent in Toronto, ON under $1500
20 Rentals Available

  • Today

    641 Vaughan Road, Toronto, ON M6E 2Y4
    STUDIO $1,425
  • Today

    139 Yarmouth Road, Toronto, ON M6G 1X3
    STUDIO $597
  • Today

    (File 804) 62 Indian Road Crescent, Toronto, ON M6P 2G1
    1 BED $1,062+
  • 1 day ago

    2449 Lake Shore Boulevard West, Toronto, ON M8V 1C5
    STUDIO $621
  • Today

    2808 KEELE STREET, NORTH YORK, ON M3M 2G5
    STUDIO $1,400
  • Need to find a home fast? Take a quiz and let us find a home that fits your needs
  • Today

    2 Treewood Street, Scarborough, ON M1P 3J3
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
  • Today

    (File 122) 3 Glamorgan Avenue, Scarborough, ON M1P 4N9
    1 BED $947
    2 BEDS $1,048+
    3 BEDS $1,214+
  • Today

    2740 Jane Street, North York, ON M3L 2N3
    STUDIO $1,500
  • Today

    138-142 WELLESLEY STREET EAST, TORONTO, ON M4Y 1J1
    STUDIO $1,500
  • Today

    50 Eccleston Drive, North York, ON M4A 1K8
    1 BED Ask for Pricing
  • Today

    20 Greencrest Circuit, Scarborough, ON M1G 1B8
    1 BED Call for pricing
    2 BEDS Call for pricing
    3 BEDS Call for pricing
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Getting around in Toronto, ON

41 /100
73 /100
Excellent Transit
53 /100
Bikeable
Walk Score®: 41, Transit Score®: 73, Bike Score®: 53

Frequently asked questions

When were prices and availability in Toronto, ON last updated?

Prices and availability in Toronto, ON were last updated on 27 Apr 2025.

What are the best apartments in Toronto, ON?

The best apartments in Toronto, ON are: 2700 Bathurst Street, 196 Eglinton Avenue East, 25 St. Mary Street, The Quay and Forest Manor.

Your search for apartments in Toronto, ON under $1,500 stops here

Finding apartments for rent in Toronto, ON for less than $1,500 has never been so easy! At RentCafe nice cheap apartments are just one click away. There are currently 20 available units in Toronto, ON, renting for under $1,500. On average, $1,433 can get you 515 Sq.Ft. 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 $1,500” 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 $1,500 in Toronto, ON goes for $597 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.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!