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Cheap Apartments Under $1400 in Toronto, ON

19 Rentals Found

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bright and clean bathroom featuring a modern vessel sink on a dark wood vanity, a white toilet, and a bathtub with sliding glass doors. white tiled walls and a large frosted window provide natural light, complemented by a decorative round mirror with a gold frame, creating a fresh and inviting space.

bright and modern open-concept living space featuring a compact kitchen with white cabinets and black backsplash, a cozy seating area with a flat-screen tv on a white stand, a glass coffee table, and natural light streaming through large windows with sheer curtains. the room is enhanced by light wood flooring and contemporary furnishings, creating a clean and inviting atmosphere.

bright and modern kitchen featuring a wooden island with yellow placemats, transparent chairs, sleek black appliances, and white cabinetry against a gray backsplash, complemented by greenery for a fresh touch

Bright and cozy open-concept living space featuring natural wood flooring, a modern gray sofa with black cushions, a compact kitchen island with wooden countertop, and stainless steel refrigerator. The space is enhanced with natural light from large windows and minimalist decor, creating a warm and inviting atmosphere.

bright and cozy bedroom featuring a white bed with a pink and white striped blanket and an orange accent pillow, illuminated by soft bedside lamps. the room opens to a modern kitchen with white cabinetry and bar stools, creating a welcoming and functional living space.

$1,100/month

1 Bed · 1 Bath · 310 ft²

2 Anndale Dr

Toronto, ON · Entire Apartment

modern bathroom with white marble flooring and walls, wooden vanity with white countertop, glass shower enclosure, decorative wall art, and a sleek black storage cabinet, creating a clean and stylish space with contemporary charm.

bright and cozy living room featuring large floor-to-ceiling windows, a comfortable gray sectional sofa with colorful accent pillows, two beige armchairs, and a dark wood coffee table. the space is decorated with modern wall art and warm lighting, creating an inviting urban retreat.

bright and modern living room featuring a gray sectional sofa with colorful pillows, a sleek wall-mounted tv above a contemporary fireplace, and an open floor plan leading to a well-lit kitchen and hallway. stylish and cozy urban apartment with elegant decor and warm lighting.

modern kitchen and dining area with sleek cabinetry, wooden dining table and benches, open shelving with decorative items, and a clean, bright bathroom visible in the background. warm lighting and contemporary finishes create an inviting space ideal for comfortable living.

modern bedroom featuring a cozy queen-sized bed with layered gray and blue bedding, flanked by stylish nightstands with matching lamps, accented with framed artwork and natural light from a large window with dark curtains, perfect for a serene and inviting retreat.

$1,000/month

1 Bed · 1 Bath · 298 ft²

70 Temperance Street

Toronto, ON · Entire Apartment

140 Wellesley Street East, Toronto, ON Photo 18 of 18

modern kitchen featuring light wood cabinetry, stainless steel appliances including microwave and stove, sleek white subway tile backsplash, and a clean, minimalist aesthetic. the space is well-lit with natural light, showcasing a tidy and contemporary design ideal for stylish urban living.

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modern kitchen featuring light wood cabinetry, stainless steel appliances including microwave and oven, refrigerator, white subway tile backsplash, and sleek countertops. bright, clean, and well-organized space with contemporary design elements and efficient layout.

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2 Units Available

$1,167–$1,375/month

Studio – 1 Bed

140 Wellesley Street East

Toronto, ON · 140 Wellesley Street East

street-level view of a modern urban mixed-use building with red brick and light stone facade featuring large windows and illuminated retail shops under colorful awnings, lively evening ambiance with pedestrians, bicycles, and trees lining the wet street reflecting city lights

modern mixed-use building with brick and white facades featuring large windows and rooftop greenery, situated in a lively urban neighborhood with retail shops and pedestrians, bathed in natural daylight under a clear blue sky

modern recreational room featuring a blue pool table, white sectional sofa with colorful cushions, artistic ceiling panel, and a wall-mounted tv, complemented by contemporary pendant and recessed lighting in a spacious, stylish setting.

modern communal lounge area featuring curved red and blue seating, warm wood flooring, unique pendant lighting, and a large window with brown curtains, creating an inviting space with a mounted tv and bar seating perfect for socializing or relaxing.

modern hallway featuring unique geometric chandelier lighting, wood-paneled walls with arched openings, patterned tile flooring, and a decorative console with a vase of red flowers, exuding a warm and inviting contemporary ambiance.

modern elevator lobby with dual stainless steel doors, patterned tile flooring and walls, recessed ceiling lighting, and sleek wood paneling, creating a stylish and welcoming entry space in a residential or commercial building.

modern fitness center featuring colorful flooring, wall-mounted tvs, and vibrant wall art of running shoes. equipped with stationary bikes, elliptical machines, free weights, and exercise balls, this clean and well-lit gym offers a motivating workout environment with sleek wood panel ceiling accents and industrial-style lighting.

modern open-concept living space featuring a cozy curved sofa with teal pillows, sleek kitchen island with bar stools, contemporary lighting fixtures, and a stylish fireplace beneath a mounted tv. artistic ceiling design and a pool table room visible in the background add to the upscale ambiance.

modern multi-story urban building with a mix of brick and metal panel exteriors, featuring rooftop greenery and large windows, situated in a bustling city area with nearby shops and iconic skyline views including cn tower on a clear day

a modern multi-story residential building with a striking mix of red brick and light-colored upper floors, featuring abundant greenery on terraces and large windows. the building is set in a lively urban neighborhood with people walking and biking, under a clear blue sky.

$1,087/month

Studio · 1 Bath · 512 ft²

140 D'Arcy Street

Toronto, ON · Entire Apartment

~~$1295~~$1,250+/month

Studio · 1 Bath

38 Lambton Avenue

Toronto, ON · Entire Apartment

exterior view of a vintage brick apartment building with three stories, featuring symmetrical windows and pink decorative accents, located on a clear day with a blue sky. the building showcases classic urban charm with a well-maintained facade and a small fenced yard.

modern kitchen with light wood cabinetry, stainless steel appliances including microwave, stove, and refrigerator, sleek white countertops, and white subway tile backsplash, complemented by natural and artificial lighting for a bright and clean cooking space

433 Sherbourne Street, Toronto, ON Photo 2 of 9

bright empty bedroom with polished parquet flooring and light gray walls featuring white baseboards and a closet with sliding doors, showcasing a clean and minimalist space with natural light enhancing the warm wood tones and neutral wall colors

bright empty room with polished parquet flooring, large window allowing natural light and greenery view, neutral walls with white trim, and a classic white radiator, ideal for a cozy living or bedroom space

bright small closet space with light gray walls, white trim, and parquet wood flooring featuring a single shelf and an open white paneled door leading to a bathroom with hex tile flooring. clean and simple design ideal for storage or organization.

433 Sherbourne Street, Toronto, ON Photo 6 of 9

bright and airy empty living room with polished parquet hardwood flooring, large window letting in natural light, and a view into a clean kitchen featuring a white stove. neutral wall colors and classic radiator add charm to this well-maintained space.

433 Sherbourne Street, Toronto, ON Photo 8 of 9

~~$1400~~$1,167/month

Studio · 1 Bath · 400 ft²

433 Sherbourne Street

Toronto, ON · Entire Apartment

exterior view of a classic brick multi-unit residential building located on jarvis street, featuring traditional architectural elements with large windows and a central glass panel entrance, set against a backdrop of modern high-rise buildings under a cloudy sky, ideal for urban living

modern kitchen with light wood cabinetry, stainless steel appliances including microwave, stove, and refrigerator, white subway tile backsplash, and sleek faucet. clean, bright, and functional space ideal for contemporary living.

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bright and compact bathroom featuring white tiled walls, a classic white bathtub with showerhead, a white toilet, and a wall-mounted sink. natural light filters through a frosted window, enhancing the clean and simple design with tiled flooring for easy maintenance.

~~$1400~~$1,167/month

Studio · 1 Bath · 400 ft²

120 Maitland Street

Toronto, ON · Entire Apartment

Modern bathroom featuring a clean white vanity with mirror, a toilet, and a bathtub surrounded by white subway tile. The space boasts minimalist design with black flooring and subtle metallic fixtures, offering a fresh and tidy ambiance ideal for contemporary living.

historic red brick victorian building with ornate stone arch entrance and turret, set against urban cityscape backdrop featuring modern high-rise buildings and street art mural, showcasing unique architectural charm and urban appeal in a vibrant neighborhood.

modern kitchen featuring sleek white cabinetry with glossy finish, black granite countertops, stainless steel refrigerator and stove, and light wood-look flooring, offering a clean and contemporary cooking space with natural light from a window near the stove.

modern compact kitchen featuring sleek white cabinetry, stainless steel refrigerator and oven, black countertops, and a stylish ceiling light fixture, perfect for efficient cooking and contemporary living

cozy modern living and dining area featuring light wood flooring, minimalist furniture, and a neutral color palette. natural light from the adjoining bedroom enhances the warm, inviting atmosphere. ideal for small space living with a stylish and clean design.

bright and modern living space featuring light wood flooring, neutral beige seating, and a minimalist closet with sliding doors, complemented by a clean design and natural light from an adjacent room.

Cozy modern bedroom featuring a comfortable queen-sized bed with neutral bedding, exposed brick accent wall, natural light from two windows, and contemporary flooring. The space includes an air conditioning unit and minimalistic furniture, creating a clean and inviting atmosphere.

cozy modern bedroom featuring a queen-sized bed with grey and white bedding, sleek wood flooring, a black door leading to an adjacent room, and an air conditioning unit mounted above for comfort. minimalistic design with neutral tones creates a relaxing atmosphere.

~~$1499~~$1,299/month

Studio · 1 Bath · 430 ft²

256 Sherbourne Street

Toronto, ON · Entire Apartment

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Bright and spotless communal laundry room featuring multiple modern white washers and dryers, beige walls, tiled flooring, and a functional sink area. Well-lit with fluorescent ceiling lights, this space offers convenience and cleanliness for residents.

bright and spacious mid-century modern apartment building with multiple balconies and large windows, surrounded by tall evergreen trees and located on a clean urban street under a clear blue sky, featuring a convenient ground-floor variety store for easy shopping.

bright exterior view of a multi-story residential apartment building featuring red brick facade and multiple balconies surrounded by trees and landscaped bushes under a clear blue sky

exterior view of a mid-rise brick apartment building with multiple balconies, large windows, and surrounded by mature trees on a clear sunny day, featuring a nearby bus stop and green bike lane along the street.

bright and clean apartment building lobby with modern lighting, glass entry doors, tiled floor and carpet runner, mailboxes, and a hallway leading to residential units, offering a welcoming and secure entrance space

modern elevator lobby featuring two stainless steel elevator doors set within beige tiled walls, complemented by grey carpeting and clean, bright lighting, creating a welcoming and well-maintained communal space in a residential or commercial building.

bright and spacious kitchen with modern white cabinetry and large island, complemented by sleek appliances and abundant natural light through vertical blinds, featuring wood-look flooring and recessed ceiling lights for a clean, contemporary feel

bright and spacious open-concept kitchen and living area featuring modern white cabinetry, stainless steel appliances, sleek subway tile backsplash, and wide wood-look flooring. large windows with vertical blinds allow abundant natural light, enhancing the clean and contemporary ambiance.

interior view of a clean, well-lit apartment hallway featuring blue doors, white walls, and patterned carpet flooring, showcasing a modern and functional residential corridor.

$1,350/month

Studio · 1 Bath

100 Unity Road

Toronto, ON · Entire Apartment

$155+/day

1 Bed · 1 Bath

300 Front St W

Toronto, ON · Entire Apartment

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$1,399/month

1 Bed · 1 Bath · 750 ft²

22 Kenmark Boulevard

Toronto, ON · Entire Apartment

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~~$195~~$145/day

1 Bed · 1 Bath · 550 ft²

140 Simcoe St

Toronto, ON · Entire Apartment

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2 Units Available

$195–$240/day

1 Bed – 2 Bed

30 Mutual Street

Toronto, ON · The Ledbury

bright exterior view of a mid-rise brick apartment building featuring multiple balconies, large windows, and a clean driveway surrounded by sparse winter landscaping under a clear blue sky, showcasing urban residential living with convenient outdoor space.

spacious and well-lit lobby area featuring large glass windows and doors, modern tiled flooring, comfortable seating, and a decorative indoor plant, creating an inviting and clean atmosphere perfect for welcoming guests or residents.

well-equipped fitness room featuring modern exercise equipment including a treadmill, stationary bike, and weight bench, with large windows allowing natural light and a mirrored wall enhancing the spacious feel, ideal for health-conscious residents.

well-lit communal laundry room featuring multiple white top-loading washing machines and dryers, a central folding table, and a clean, organized layout, ideal for convenient shared use in residential buildings.

interior view of a wood-paneled elevator with metal trim and a gray floor, featuring a notice board on the back wall. the space is clean and functional, suitable for residential or commercial properties.

long narrow apartment hallway with patterned carpet flooring and white walls, featuring multiple green doors and soft overhead lighting, showcasing a clean and well-maintained communal space with a classic interior design aesthetic.

modern mid-rise residential apartment building with red brick facade and multiple balconies set against a bright blue sky, surrounded by leafless trees and snow-covered ground, featuring ample natural light and urban landscaping

$1,350/month

Studio · 1 Bath

110 Unity Rd

Toronto, ON · Entire Apartment

$175+/day

2 Bed · 2 Bath

30 Nelson St

Toronto, ON · Entire Apartment

2 Units Available

$155–$175/day

1 Bed – 2 Bed

199 Richmond St W

Toronto, ON · Studio on Richmond

About Toronto, ON

With almost half of the population born outside of Canada, Toronto is one of the most multicultural cities in the world. From high-rise condominium towers dominating the Downtown Core to uniquely Torontonian bay-and-gable housing in Old Toronto and pre-war single-family houses in the suburbs, Toronto, Ontario offers a vast array of housing and rental options suitable for everyone in all stages of life.

Known for its gorgeous natural spaces and extensive public transit system, Toronto is consistently ranked as one of the most livable cities. Serving as Canada’s banking and financial capital, the city of Toronto continues to grow with the Greater Toronto Area (GTA) being home to over 6 million people.

Renting in Toronto, ON

Finding cheap apartments under $1400 in Toronto 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 Toronto. To help you get started, here is a guide with tips for renting in Toronto.

Average Rent in Toronto, ON

What is the average rent in Toronto for cheap apartments under $1400?

The average rent in Toronto, ON for cheap apartments under $1400 will vary on a month-to-month basis. For the latest stats on average rent in Toronto, check out our monthly Toronto rent reports.

Finding cheap apartments under $1400 in Toronto, ON

Since it’s Canada’s most populous city and consistently one of its most expensive, it will be hard to find cheap rentals in Toronto - especially if you’re trying to find a place to rent for under $1000. However, to start your search, you can refer to this guide on the cheapest neighbourhoods for rent in City of Toronto.

In addition to choosing your location, it’s important to know what rental types are available in Toronto (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.

Toronto Rental Types

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

Apartments for rent Toronto

Apartments are the most common form of housing you’ll find in Toronto. Renters should be prepared for higher prices for apartments for rent in Toronto, especially compared to other Canadian cities. Still, diligent renters should be able to find something within their budget in this sprawling metropolis.

Houses for rent Toronto

Though the city is very densely populated, there are quieter areas of Toronto surrounding the city’s downtown where renters may find houses for rent in Toronto. Both partial houses and entire houses for rent are common, with a mix of older and newer homes depending on which part of the city you’re looking in.

Townhouses for rent Toronto

Townhouses are a popular form of housing in Toronto that combines the best qualities of both apartments and whole houses. Typically less expensive than houses, townhouses for rent in Toronto offer an attractive combination of freedom and space, generally coming with your own private yard and entrance.

Basements for rent Toronto

A popular alternative for students, first-time renters and anyone else seeking relatively inexpensive rental housing are basements for rent in Toronto. Since rent prices for apartments and houses can often get too expensive, many renters seek out basements for rent in Toronto as a cheaper alternative. Homeowners often rent out their basements as a way to offset their mortgage payments. This makes it easy for renters to find relatively inexpensive basements for rent in all areas of the city.

Condos for rent Toronto

Particularly in more densely-populated areas like Downtown Toronto, condos for rent in Toronto are often the most common form of rental housing. These types of rental accommodation are perfect for those who like to be in the centre of the action, and don’t need too much space. If you are looking to rent in the city centre though, be prepared for significantly higher monthly rent prices.

Rooms for rent Toronto

Sharing a house or apartment is practically essential for those looking for cheap rent. Rooms for rent in Toronto are a great way to experience the best of the city on a budget, and can offer you the opportunity to live in neighbourhoods that would otherwise be unaffordable.

Special Toronto Rental Types

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

Pet friendly rentals in Toronto

Though not every landlord is keen on allowing pets, there are a good number of pet-friendly rentals in Toronto for those with furry friends. Both dog-friendly and cat-friendly rental units are available, as well as properties where both are allowed. Keep in mind that some rental units are available, as well as properties where both are allowed. Keep in mind that some neighbourhoods are better suited to those with pets, and adjust your search accordingly.

Furnished rentals in Toronto

If you’re new to town or just haven’t had a chance to pick up furniture of your own yet, not to worry – there are plenty of furnished rentals available in Toronto. Renters seeking furnished units should search for these units using filters, but do be prepared to pay more in rent. There are pros and cons to renting furnished units compared to unfurnished units, so deciding whether it’s worth it to buy furniture when moving is a good first step.

Short term rentals in Toronto

As Canada's largest city, Toronto has plenty of work opportunities and world-class academic institutions, making it a popular place for those renting on a short-term basis. Short-term rentals in Toronto are exceedingly popular, particularly during the summer months and at the beginning of school semesters. The added flexibility is an appealing prospect for many renters, and a key factor in deciding whether or not short-term rentals are right for you.

Cheap rentals in Toronto

Toronto is famous across Canada for its high rent prices, but if you’re thoughtful in your search, it shouldn’t be too hard to find something within your budget. If you’re looking for cheap rentals in Toronto, ON, try finding a roommate or two and exploring shared housing; or search for rooms for rent. It’s worth noting that there are neighbourhoods in Toronto where rent is considerably cheaper, so exploring these options is a good idea as well.

Toronto Amenities

When you’re searching for cheap apartments under $1400 in Toronto, 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 a 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.

Living in Toronto, ON

Toronto is a truly world-class city, with easy access to the very best Canada has to offer. For students, schools like The University of Toronto, Toronto Metropolitan University, and York University each draw in tens of thousands each year spread across the city’s various neighbourhoods. For those with families looking to move to Toronto, there are a number of family-friendly neighbourhoods, as well as neighbourhoods that are particularly appealing to pet owners.

Popular Neighbourhoods in Toronto

Toronto is made up of a number of diverse, eclectic neighbourhoods spread across the city’s four administrative districts: Etobicoke-York, North York, Toronto, and East Scarborough. For more about Toronto’s individual neighbourhoods, you can consult this guide on .

Popular Cities Near Toronto

North York apartments for rent

Etobicoke apartments for rent

Scarborough apartments for rent

Mississauga apartments for rent

Vaughan apartments for rent

Richmond Hill apartments for rent

Brampton apartments for rent

Oshawa apartments for rent

Ajax apartments for rent

Markham apartments for rent

East York apartments for rent

York apartments for rent

Hamilton apartments for rent

Kitchener apartments for rent

London apartments for rent

Popular Universities Near Toronto

Apartments for rent near University of Toronto

Apartments for rent near University of Waterloo

Apartments for rent near York University

Apartments for rent near Carleton University

Apartments for rent near Queen's University

Apartments for rent near University of Ottawa

Apartments for rent near University of Toronto (Scarborough)

Apartments for rent near Toronto Metropolitan University

Apartments for rent near Western University

Apartments for rent near McMaster University

Apartments for rent near University of Guelph

Apartments for rent near Brock University

Apartments for rent near Ontario Tech University

Apartments for rent near Wilfrid Laurier University

Local Landmarks in Toronto

Known for its arts scene, sporting events, vibrant nightlife, and cuisines from all nationalities, Toronto has it all. Some of the most iconic landmarks include the CN Tower, Kensington Market, Eaton’s Centre, Yonge Street, Distillery District, Royal Ontario Museum, Rogers Centre, Ripley’s Aquarium of Canada, Toronto Islands, University of Toronto and Casa Loma.

Cheap Apartments Under $1400 Toronto

Search for condos, townhouses, rooms, and houses for rent in Toronto, ON on liv.rent. Finding cheap apartments under $1400 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 Toronto rental listings are updated in real-time and are current as of Jun 23, 2026.

Looking for Cheap Apartments Under $1400 in Toronto, ON?

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

Cheap Apartments Under $1400 in Toronto, ON

About Toronto, ON

Renting in Toronto, ON

Average Rent in Toronto, ON

What is the average rent in Toronto for cheap apartments under $1400?

Finding cheap apartments under $1400 in Toronto, ON

Toronto Rental Types

Apartments for rent Toronto

Houses for rent Toronto

Townhouses for rent Toronto

Basements for rent Toronto

Condos for rent Toronto

Rooms for rent Toronto

Special Toronto Rental Types

Pet friendly rentals in Toronto

Furnished rentals in Toronto

Short term rentals in Toronto

Cheap rentals in Toronto

Toronto Amenities

Living in Toronto, ON

Popular Neighbourhoods in Toronto

Popular Cities Near Toronto

Popular Universities Near Toronto

Local Landmarks in Toronto

Cheap Apartments Under $1400 Toronto

Looking for Cheap Apartments Under $1400 in Toronto, ON?

Toronto Rental Types

Toronto Rentals by Bedrooms

Toronto Rentals by Amenity

Toronto Rentals by Lease

Toronto Rentals by Price