5 of cheapest apartments you can rent in Toronto right now

Toronto is an expensive city to call home, but it’s not entirely impossible to live here on a budget. There are plenty of cheap apartments for rent in Toronto that don’t require living with roommates or on the outskirts of town.

These are some of the cheapest apartments listed on Rentals.ca around the city.

740 Eglinton Avenue West: $1,800 per month

This unfurnished, one-bedroom apartment is close to Eglinton West subway station and the Allen Expressway. Heat and water are included in the price, and there’s also parking available for an extra $45 per month.

51 Richardson Avenue: $1,850 per month

Located on the basement level of a charming raised bungalow, this open-concept unit has a shared backyard, cozy gas fireplace, wardrobe for storage, laundry, and plenty of natural light. It’s located off of Black Creek, conveniently near Highway 401 and the 400.

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53 Dawes Road: $1,900 per month

This gorgeous fully-renovated studio apartment is located steps away from the Danforth and subway line. There are modern and updated finishes throughout, including the kitchen and bathroom. Plus, you can rent a parking spot for an extra $100 per month.

210 Wychwood Avenue: $1,974+ per month

This unit is located in a well-kept century-old Victorian building in a beautiful residential area.

Heat is included in the monthly price, and residents also get to enjoy stainless steel appliances, on-site laundry, many nearby amenities, and convenient transit access.

251 Jarvis Street: $2,000 per month

This bright studio is located in the heart of Toronto’s downtown core on Jarvis Street.

There you have it, friends — cheap apartments for rent in Toronto. Happy hunting!