For most people, renting in Toronto is by no means affordable, but that’s the price we pay for living in a city as cool as ours. However, if you’re looking to save on living costs without compromising on comfort and convenience, you can set your sight on these cheap rental apartments in Toronto.
Here are 5 of the best options you have right now for cheap living in Toronto.
730 St Clarens Avenue — $1,600

This bachelor unit in Wallace-Emerson comes with water and heating included. The unit features engineered wood, a stove, fridge, oven, and shower, with on-site laundry and 24-hour security.
2066 Gerrard Street East — $1,400

This lower-level unit in the east end is a total steal. With ensuite laundry, a shared backyard, central heating, air conditioning, and friendly tenants throughout, you’ve got everything you need and for a great price too.
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5 Glenavon Road — $1,425+

5 Glenavon Road is a multi-unit house situated at the end of a quiet, residential street on the shores of Lake Ontario, near Liberty Village and Parkdale districts. You’ll love the lake views and access to the Lake Shore Park areas. The unit comes with heat, water, and electricity included.
146 Jameson Avenue — $1,549+

This rental is situated conveniently between West Queen West and Liberty Village. Not only do you have restaurant, shops, and amenities at your fingertips, but access to the Gardiner, bike trails, and transit too. The unit is located inside a clean and safe building with heat and water included in the rent.
230 Lake Promenade — $1,550+

Situated in a quiet neighbourhood in the Long Branch district, this clean and freshly updated mid-rise rental apartment comes with views of the lake. Each suite has been newly renovated, including updated windows and sliding doors. The units come with spacious balconies and outdoor pool access, with GO Transit nearby.