Cheap Rentals Under $1500 in East York, ON

East York, once Canada’s last borough until it was incorporated into the City of Toronto in 1998, is now among the Greater Toronto Area (GTA)’s most affordable areas and is ideal for renters thanks to being just a 10-15 minute drive from Downtown Toronto, Ontario. With a generally older population, East York is a great fit for mature renters and those seeking a laid-back, community-focused vibe without getting too far from the urban convenience of Downtown Toronto.

Though the East York area is known for its detached two-story and one-story houses, there are a number of high-rise apartment buildings located primarily amongst Cosburn Avenue between Broadview and Donlands Avenues. Its shopping district is concentrated but thriving, with a variety of coffee shops, bakeries, clothing stores, and more.

Finding cheap rentals under $1500 in East York requires research, communication with landlords & property managers, securing references, and signing a lease. All this can add up to a lengthy endeavour if you’re not familiar with how to find an apartment in East York. To help you get started, here is a guide with tips for renting in East York.

East York is a desirable central area of Toronto with rent prices that are consistently above the region’s average. As such, it will be hard to find cheap rentals in East York - especially if you’re trying to find apartments for rent under $1000. However, to start your search, you can refer to this guide on the cheapest neighbourhoods for rent in Greater Toronto Area (GTA).

Once you’ve decided on a location, it’s a good idea to familiarize yourself with the different types of rentals in East York (e.g. 1 bedroom apartments, 2 bedroom apartments, 3 bedroom apartments, studio apartments) and the average rent for each property type. Refer below to figure out your options - ranging from furnished rentals and unfurnished rentals to long term rentals and short term rentals.

There are many rental property types you can choose from in East York.

In addition to choosing your property type, there are also specific rental types you can look into.

When you’re searching for cheap rentals under $1500 in East York, make sure to look at what amenities are offered. For instance, check to see if the rental includes utilities like air conditioning, cable and internet or features such as dishwasher, parking, balcony and fridge.

Tip: When looking at listings on liv.rent, scroll down to the "Amenities" section to see what utilities and features are included with the rental.

East York, once a separate municipality in Toronto, Ontario, embodies a blend of affordability, cultural diversity, and educational opportunities. Green spaces and local parks enhance the area for outdoor enthusiasts. The sense of community is palpable, highlighted by community-led initiatives that promote an inclusive environment. Located within the city of Toronto, East York boasts a diverse population with residents from various backgrounds. Its location makes it a favorable area for those looking to live within the Greater Toronto Area.

Like any city, East York is made up of smaller neighbourhoods with their own distinct features. Some of the most popular neighbourhoods include Leaside, Thorncliffe Park, Broadview North, Pape Village, Woodbine-Lumsden, and O’Connor-Parkview. For more info about East York, you can consult this guide on Toronto neighbourhoods.

Despite its close proximity to Downtown Toronto, East York has plenty of amazing nature spaces including Crothers Woods which is home to the Thomas Hauser Memorial Trailhead, as well as the Todmordern Mills Heritage Site.

Search for condos, townhouses, rooms, and houses for rent in East York, ON on liv.rent. Finding cheap rentals under $1500 near you has never been easier. Filter your search by price range (great for finding cheap apartments for rent), unfurnished or furnished apartments for rent, pet-friendly rentals, availability, and housing type. Options range from studio apartments and suites for rent to 1 or 2 bedroom apartment and 3+ bedrooms for rent.

Our East York rental listings are updated in real-time and are current as of May 6, 2025.

Looking for a specific type of rental in East York, ON? Use our filters below to find your next home.