Prices and availability in Toronto, ON were last updated on 23 Nov 2025.
The best apartments in Toronto, ON are: The Quay, 2700 Bathurst Street, 25 St. Mary Street, 196 Eglinton Avenue East and 650 Eglinton Avenue West.
There’s more than one way to spend $700 on rent in Toronto, ON, so the first step is to start thinking about what you really want from your new home. Be mindful of what makes you tick. Look for 2 bedroom apartments for rent for less than $700 if you want to share your living space and don’t mind being further away from the city center. Search for 3 bedroom apartments if you’re moving in with family or planning to share part of your life and living expenses with more friends. If city bustle is what you live for, you might want to search for a studio or 1 bedroom apartment closer to the city center.
Don’t dismiss the idea of a studio just because it sounds small and featureless: studios come in many shapes and sizes, and it only takes a few strikes of creativity to go from drab to lively. If an all-in-one-room apartment spells total lack of privacy for you, have a look at the 1 bedroom apartments for rent in Toronto, ON. Customize your search by using more RentCafe filters. Decide what amenities you can’t live without and focus your search on the apartments that offer them. Are you bringing in a pet? Narrow your options to pet-friendly apartments for rent. Want more windows so that natural light floods your home? Hardwood floors or plush carpet in the living area? There are 3 apartments for rent below $700 in Toronto, ON for every taste. Decide what you need, stay focused, and you’re bound to find your perfect apartment in no time.
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