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Cheap Apartments Under $1500 in Toronto, ON

51 Rentals Found
nighttime urban street scene featuring a modern mixed-use building with illuminated storefronts, vibrant signage in asian script, and pedestrians enjoying a lively atmosphere. the wet street reflects colorful lights, adding to the dynamic cityscape appeal.
21 Units Available
$1,087–$1,487/month
Studio – 2 Bed
140 D'Arcy Street
Toronto, ON · The Darcy
1570 Bathurst Street, Toronto, ON
2 Units Available
$1,450–$1,450/month
Studio
1570 Bathurst Street
Toronto, ON · Urisha Investments Inc - 1570 Bathurst Street
charming mid-rise apartment buildings featuring a blend of brick and white stucco exterior with classic architectural detailing, nestled in a vibrant urban neighborhood with well-maintained landscaping and clear blue skies enhancing curb appeal.
bright and cozy living room featuring a white sectional sofa with patterned throw pillows, neutral-toned area rug, modern abstract wall art, large windows with dark curtains, and a wall-mounted flat-screen tv, complemented by a minimalist coffee table and indoor plants for a welcoming atmosphere.
1574 Bathurst Street, Toronto, ON Photo 2 of 7
bright and modern living room featuring a soft pink sectional sofa with colorful throw pillows and a cozy brown blanket, complemented by a sleek glass coffee table and mustard yellow bench on a gray rug. natural light filters through large windows framed by dark curtains, illuminating the clean hardwood floors and contemporary wall art.
a cozy, modern bedroom featuring a neatly made bed with striped bedding and layered pillows, soft lighting from bedside lamps, a framed black-and-white cityscape photo on the wall, and floor-to-ceiling curtains framing a large window that lets in natural light, complemented by a small bedside table with books and a decorative lamp.
cozy bedroom with a neatly made bed featuring neutral-tone bedding, accented with multiple pillows, a modern abstract painting above the headboard, and a wooden nightstand adorned with framed photos and books, illuminated by soft ceiling light and natural light from a small window.
bright and clean white bathroom featuring a bathtub with showerhead, a white vanity with sink and mirror, a frosted window for natural light, and minimalist tiled walls and floor creating a fresh and simple atmosphere.
charming mid-rise apartment buildings featuring a blend of brick and white stucco exterior with classic architectural detailing, nestled in a vibrant urban neighborhood with well-maintained landscaping and clear blue skies enhancing curb appeal.
bright and cozy living room featuring a white sectional sofa with patterned throw pillows, neutral-toned area rug, modern abstract wall art, large windows with dark curtains, and a wall-mounted flat-screen tv, complemented by a minimalist coffee table and indoor plants for a welcoming atmosphere.
$1695$1,450/month
Studio · 1 Bath
1574 Bathurst Street
Toronto, ON · Entire Apartment
charming brick apartment buildings featuring classic architectural details and well-maintained landscaping along a tree-lined city street under a clear blue sky. the property offers a blend of timeless design and urban convenience with multiple units in a cohesive, attractive community setting.
bright and modern living room featuring a soft blush sectional sofa with colorful accent pillows, a glass coffee table with a vase of sunflowers, and a wall-mounted flat-screen tv. large windows with dark curtains provide natural light, complemented by a sleek black media console and abstract wall art for a cozy yet stylish ambiance.
bright and cozy living room featuring a large white sectional sofa with decorative pillows, modern abstract wall art, a beige coffee table with books and a laptop, soft neutral curtains, a flat-screen tv mounted on the wall, and a green potted plant, all illuminated by a ceiling light and natural light from classic windows overlooking brick buildings.
bright and cozy bedroom featuring a neutral color palette with soft gray walls, a comfortable upholstered bed with layered pillows and striped bedding, bedside lamps, framed black-and-white cityscape art, and a window with floor-to-ceiling curtains allowing natural light. modern minimalist design with clean lines and inviting ambiance.
cozy and minimalist bedroom featuring a neatly made bed with striped bedding, neutral grey curtains covering a small window, abstract wall art, and a wooden nightstand with framed photos and books. the room showcases clean lines and a serene atmosphere ideal for restful living.
bright and clean all-white bathroom featuring a bathtub with shower, white tiled walls, a white vanity with sink, a toilet, and a frosted window providing natural light. simple and minimalist design ideal for a fresh and functional space.
charming brick apartment buildings featuring classic architectural details and well-maintained landscaping along a tree-lined city street under a clear blue sky. the property offers a blend of timeless design and urban convenience with multiple units in a cohesive, attractive community setting.
bright and modern living room featuring a soft blush sectional sofa with colorful accent pillows, a glass coffee table with a vase of sunflowers, and a wall-mounted flat-screen tv. large windows with dark curtains provide natural light, complemented by a sleek black media console and abstract wall art for a cozy yet stylish ambiance.
$1599$1,450/month
Studio · 1 Bath
1560 Bathurst Street
Toronto, ON · Entire Apartment
bright exterior view of a mid-century modern apartment building featuring multiple balconies, red brick and beige facade, large windows, and a variety store on the ground floor, surrounded by mature trees and clear blue sky
2 Units Available
$1,350–$1,450/month
Studio – 1 Bed
100 Unity Road
Toronto, ON · Green Meadows Apartments
2356 Eglinton Avenue East, Toronto, ON Photo 6 of 6
2356 Eglinton Avenue East, Toronto, ON Photo 1 of 6
bright and clean kitchen featuring white cabinetry, modern appliances, and wood-style flooring, creating a fresh and inviting cooking space with ample storage and a minimalist design.
bright and clean empty room with polished parquet flooring, large window allowing natural light, and neutral beige walls, offering a versatile living space with a city view from the window
bright and clean bathroom with white tiled walls, a bathtub, a white vanity with sink, and a window providing natural light. simple and functional design offers a fresh and inviting space for daily routines.
bright empty room with polished parquet flooring, multiple white doors including closet space, and large window allowing abundant natural light, featuring a clean and simple aesthetic ideal for personalization and modern living.
2356 Eglinton Avenue East, Toronto, ON Photo 6 of 6
2356 Eglinton Avenue East, Toronto, ON Photo 1 of 6
$1650$1,500/month
Studio · 1 Bath · 450 ft²
2356 Eglinton Avenue East
Toronto, ON · Entire Apartment
110 Unity Rd, Toronto, ON
2 Units Available
$1,350–$1,450/month
Studio – 1 Bed
110 Unity Rd
Toronto, ON · Fred J Beavis Apartments
30 Mutual Street, Toronto, ON Photo 30 of 30
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2 Units Available
$195–$240/day
1 Bed – 2 Bed
30 Mutual Street
Toronto, ON · The Ledbury
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Modern and clean bathroom featuring white subway tile walls, a white vanity with mirror, a toilet, and a bathtub. The space is minimalistic and bright, with black flooring providing a striking contrast to the white fixtures and walls.
historic red brick building featuring a distinctive turret and ornate gable roofline, blending classic architectural charm with urban surroundings near modern high-rises. the structure showcases arched entryways and bay windows, creating an inviting street presence in a city neighborhood.
modern kitchen featuring sleek white glossy cabinets, black granite countertops, and stainless steel appliances with wood-look flooring and a window providing natural light, ideal for contemporary city living
modern minimalist kitchen featuring sleek white cabinetry, black countertops, stainless steel refrigerator, and a compact stove with a window for natural light. clean and well-lit space with contemporary ceiling light fixture and subway tile backsplash, ideal for efficient cooking and modern living.
bright and cozy living space featuring modern furnishings with a glass coffee table, beige tufted sofa, round dining table with chairs, and a sleek minimalist design. natural light enhances the clean, polished flooring and neutral color palette, creating an inviting atmosphere.
bright and clean modern living space with light wood flooring, beige cushioned seating, a glass coffee table, and a sliding door closet. connected to a bedroom with natural light through a window, this space offers a cozy and functional layout with minimalist decor and practical storage solutions.
Cozy bedroom featuring a minimalist design with a comfortable bed, neutral tones, exposed brick accent wall, and wood-look flooring. The room offers natural light through windows and a black door, complemented by modern lighting and an air conditioning unit for added comfort.
cozy modern bedroom featuring a queen-sized bed with gray bedding and a wooden headboard, complemented by minimalistic nightstands with glass lamps and a sleek air conditioning unit mounted above. the room boasts light wood flooring and a neutral color palette, creating a bright, inviting atmosphere.
Modern and clean bathroom featuring white subway tile walls, a white vanity with mirror, a toilet, and a bathtub. The space is minimalistic and bright, with black flooring providing a striking contrast to the white fixtures and walls.
historic red brick building featuring a distinctive turret and ornate gable roofline, blending classic architectural charm with urban surroundings near modern high-rises. the structure showcases arched entryways and bay windows, creating an inviting street presence in a city neighborhood.
$1799$1,499/month
1 Bed · 1 Bath · 430 ft²
262A Sherbourne Street
Toronto, ON · Entire Apartment
A clean and modern bathroom featuring white walls, a white vanity with a rectangular mirror, a toilet, and a bathtub with white subway tile surround. The space combines functionality and simplicity with black flooring accents, offering a fresh and minimalistic design ideal for contemporary living.
historic red brick building featuring ornate turrets and arched windows in an urban setting with modern high-rises in the background. distinct architectural details blend victorian and dutch renaissance styles, showcasing craftsmanship and character in a vibrant city environment.
modern kitchen featuring sleek white high-gloss cabinetry, black granite countertops, and stainless steel appliances including a refrigerator and stove. bright space with natural wood-look flooring and a small window adding natural light. clean, contemporary design ideal for stylish urban living.
modern compact kitchen with sleek white cabinetry, black countertops, stainless steel refrigerator, and stove under warm ceiling light. clean, minimalist design with efficient layout and small window for natural light, ideal for contemporary urban living spaces.
cozy modern living room with neutral tones featuring a tufted beige armchair, minimalist sofa, glass coffee table, and round wooden dining table. sleek wood-look flooring and simple decor create a clean and inviting atmosphere with natural and artificial lighting.
modern living space featuring light wood flooring, neutral-toned furniture including a cozy sofa and armchair, minimalistic decor, and a spacious closet with sliding doors. bright and clean with natural light enhancing the airy atmosphere.
cozy modern bedroom featuring a comfortable bed with gray and white bedding, exposed brick wall, natural light from large windows, and sleek wooden flooring. ideal for urban living with contemporary and rustic charm.
modern bedroom with wooden bedframe, gray bedding, and bedside tables featuring glass lamps, complemented by light wood flooring and a wall-mounted air conditioner, creating a cozy and clean atmosphere.
A clean and modern bathroom featuring white walls, a white vanity with a rectangular mirror, a toilet, and a bathtub with white subway tile surround. The space combines functionality and simplicity with black flooring accents, offering a fresh and minimalistic design ideal for contemporary living.
historic red brick building featuring ornate turrets and arched windows in an urban setting with modern high-rises in the background. distinct architectural details blend victorian and dutch renaissance styles, showcasing craftsmanship and character in a vibrant city environment.
$1799$1,499/month
1 Bed · 1 Bath · 430 ft²
260 Sherbourne Street
Toronto, ON · Entire Apartment
140 Wellesley Street East, Toronto, ON Photo 9 of 9
modern kitchen with light wood cabinetry, stainless steel appliances including refrigerator, stove, microwave, and dishwasher, white subway tile backsplash, and clean minimalist design. bright and tidy space with sleek handles and white countertops.
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modern kitchen with light wood cabinetry, stainless steel appliances including refrigerator, stove, microwave, and dishwasher, white subway tile backsplash, and clean minimalist design. bright and tidy space with sleek handles and white countertops.
$1495$1,400/month
Studio · 1 Bath · 300 ft²
140 Wellesley Street East
Toronto, ON · Entire Apartment
exterior view of a mid-century modern apartment building with balconies, set among other high-rise residential buildings under a bright blue sky with scattered clouds. the building features beige brick walls, black balcony railings, and a well-maintained green lawn at the front, offering urban living with outdoor space.
modern kitchen featuring light wood cabinetry, stainless steel appliances, and white subway tile backsplash, complemented by a clean and minimalist design with ample cabinet space and sleek fixtures, ideal for contemporary living.
433 Jarvis Street, Toronto, ON Photo 2 of 14
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urban apartment balcony with glass railings overlooking neighboring brick buildings, featuring a concrete floor and open door leading to interior hardwood floors and tiled kitchen area, perfect for city living with outdoor space
bright and clean communal laundry room featuring multiple washers and dryers in a tiled space with blue wall accents and overhead fluorescent lighting, ideal for convenient laundry needs in residential buildings.
entrance of a mid-century modern apartment building at 433 with glass doors, a neon open sign, brick facade, and a paved walkway bordered by iron fencing and greenery, situated in an urban setting with high-rise reflections
modern mid-rise apartment buildings featuring multiple balconies with glass railings, well-maintained green lawn areas, and a clear blue sky providing bright natural lighting, ideal for urban living with a clean and inviting exterior.
exterior view of a mid-century modern apartment building with balconies, set among other high-rise residential buildings under a bright blue sky with scattered clouds. the building features beige brick walls, black balcony railings, and a well-maintained green lawn at the front, offering urban living with outdoor space.
modern kitchen featuring light wood cabinetry, stainless steel appliances, and white subway tile backsplash, complemented by a clean and minimalist design with ample cabinet space and sleek fixtures, ideal for contemporary living.
$1585$1,500/month
Studio · 1 Bath · 400 ft²
433 Jarvis 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
120 Maitland Street, Toronto, ON Photo 1 of 8
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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.
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
120 Maitland Street, Toronto, ON Photo 1 of 8
$1500$1,400/month
Studio · 1 Bath · 400 ft²
120 Maitland Street
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 featuring light wood cabinetry, stainless steel appliances including a refrigerator, stove, and microwave, white subway tile backsplash, and sleek countertops. Bright, clean space with efficient layout and contemporary design.
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
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 featuring light wood cabinetry, stainless steel appliances including a refrigerator, stove, and microwave, white subway tile backsplash, and sleek countertops. Bright, clean space with efficient layout and contemporary design.
$1500$1,400/month
Studio · 1 Bath · 400 ft²
433 Sherbourne Street
Toronto, ON · Entire Apartment
214 Wellesley Street East, Toronto, ON Photo 20 of 20
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$1550$1,485/month
Studio · 1 Bath · 330 ft²
214 Wellesley Street East
Toronto, ON · Entire Apartment
38 Lambton Avenue, Toronto, ON
$1345$1,295+/month
Studio · 1 Bath
38 Lambton Avenue
Toronto, ON · Entire Apartment
Spacious balcony offering stunning panoramic views of nearby residential buildings and lush greenery under a bright blue sky. Ideal for relaxation with ample outdoor space and secure railing for safety.
10 Macey Ave, Toronto, ON Photo 1 of 20
modern kitchen featuring sleek white cabinetry, stainless steel appliances, and a polished gray countertop island with ample storage. glossy gray subway tile backsplash complements the bright, clean space with marble-look flooring and recessed lighting, perfect for contemporary living.
10 Macey Ave, Toronto, ON Photo 3 of 20
spacious open-plan kitchen and living area featuring sleek stainless steel appliances, glossy parquet flooring, large windows for abundant natural light, and modern neutral tones creating a bright and inviting urban living space.
modern bathroom featuring a sleek gray countertop with undermount sink, white cabinetry, and a white bathtub with a stylish mosaic tile accent border. bright and clean space with polished fixtures and a large mirror enhancing the light and sense of space.
exterior view of 10 macey ave featuring well-maintained landscaping with neatly trimmed bushes, colorful flower beds, and a clean sidewalk leading to the building entrance. the property offers ample parking and a pleasant, green environment ideal for comfortable living.
high-rise apartment building with multiple balconies under a clear blue sky, surrounded by trees and urban streetscape, showcasing a well-maintained residential complex in a sunny neighborhood with ample parking and greenery.
multi-story residential apartment building with beige and brown exterior, featuring numerous balconies under clear blue sky, surrounded by trees and urban street setting, ideal for city living and investment opportunities
spacious balcony with a black metal railing overlooking a cityscape featuring high-rise buildings and lush green trees under a clear blue sky, offering a serene outdoor space perfect for relaxation and enjoying panoramic views
aerial view of a high-rise residential building surrounded by lush green trees and a suburban neighborhood under a clear blue sky, showcasing urban living with ample greenery and spacious parking areas, ideal for city dwellers seeking a balance of nature and convenience
laundry room featuring multiple stacked and front-loading washers and dryers with white tiled walls and brown tiled flooring, illuminated by fluorescent ceiling lights, ideal for apartment complexes or shared housing facilities.
bright and clean u-shaped kitchen featuring white cabinetry, white appliances including refrigerator and electric stove, ample counter space with speckled countertops, and neutral flooring, ideal for functional cooking and meal preparation in a contemporary styled home.
bright and clean kitchen featuring white cabinetry, beige countertops, and essential appliances including a refrigerator and electric stove. the space is well-lit and functional, perfect for everyday cooking and meal preparation in a cozy home setting.
spacious empty living area with polished parquet flooring and white walls featuring an open doorway leading to a kitchen with white cabinetry and appliances, ideal for modern minimalist living with clean lines and natural light
bright and spacious empty living area with polished parquet flooring, large windows allowing natural light, and neutral walls creating a clean, open atmosphere ideal for versatile interior design and comfortable living.
Bright and spacious empty room with polished parquet flooring and a large window allowing natural light to fill the space. Freshly painted white walls create a clean, modern canvas perfect for customization in this well-maintained property.
bright and spacious empty living room with polished parquet flooring and neutral cream walls, featuring an open doorway to a kitchen with white cabinetry and appliances, ideal for versatile interior design and personalization.
Empty room with polished parquet flooring, beige walls, and sliding wooden closet doors. Bright, clean space with simple design, ideal for personalization and versatile use. Natural light enhances the warm tones of the flooring, creating a welcoming atmosphere.
bright and clean bathroom featuring a white vanity with sink, large framed mirror, toilet, and bathtub with tiled surround. simple and functional design ideal for efficient use of space in residential homes or apartments.
Spacious balcony offering stunning panoramic views of nearby residential buildings and lush greenery under a bright blue sky. Ideal for relaxation with ample outdoor space and secure railing for safety.
10 Macey Ave, Toronto, ON Photo 1 of 20
$1549$1,499/month
Studio · 1 Bath · 474 ft²
10 Macey Ave
Toronto, ON · Entire Apartment
modern bathroom featuring a sleek black vanity with white sink, a wall-mounted mirror cabinet, and a classic tiled floor with black and white pattern. the space is bright and clean with gray walls and a white bathtub accented by black and white wall tiles, offering a fresh and contemporary feel.
This modern kitchen features sleek white cabinetry, stainless steel appliances including a refrigerator, oven, and dishwasher, and a stylish black and white tiled backsplash with a matching patterned floor. The space is well-lit with a clean, contemporary design perfect for any home.
image showing a person holding a smartphone with a promotional overlay inviting viewers to take a virtual tour and lease remotely with 360-degree viewing options for convenient apartment leasing experience.
Bright and spacious empty room featuring large windows with city views, light gray walls, polished parquet flooring, and a white heating unit under the windows. The clean and minimalist space offers excellent natural light and a neutral palette, perfect for customization.
modern bathroom featuring a sleek white bathtub with black tile accents, a white toilet, and a stylish black vanity with a matching mirror cabinet under bright lighting, showcasing a clean and contemporary design with gray walls and white tiled floor.
exterior view of a well-maintained mid-century modern apartment building entrance featuring brick facade, manicured lawn, flower beds, and clear signage at 146 jameson. the entrance has decorative stone columns and glass doors, creating an inviting appeal.
bright entryway featuring large windows allowing ample natural light, colorful geometric floor pattern, and glass door entrance creating a welcoming and airy atmosphere in this urban residential or commercial building lobby.
bright and clean apartment building hallway featuring ornate patterned rugs, beige walls, and natural light from large windows. the space includes a glass door leading to a stairwell and modern ceiling lights, creating a welcoming and well-maintained atmosphere.
Exterior view of a well-maintained mid-century modern apartment building featuring light brown brick facade, large windows, manicured lawn with flower beds, and a clean sidewalk. The property showcases an inviting entrance with decorative planters and mature trees under a blue sky.
modern three-story brick apartment building with large windows and a central glass entrance surrounded by lush greenery and mature trees under a bright blue sky, featuring a well-maintained lawn and colorful flower beds, located in an urban neighborhood with adjacent residential buildings and bike racks visible
modern three-story brick apartment building with large windows and well-maintained landscaping featuring colorful flowers and green grass under a bright blue sky. the property includes a driveway leading to individual garages and mature trees providing shade and curb appeal.
bright and clean studio apartment featuring modern kitchen appliances, glossy parquet flooring, and large windows allowing ample natural light, creating an inviting living space with a sleek white and gray color scheme and contemporary tile backsplash.
bright and empty living room with large windows, polished parquet flooring, and neutral gray walls offering a clean and modern space filled with natural light, perfect for personalization and comfortable urban living.
bright and spacious empty apartment featuring polished parquet flooring, light gray walls, and a compact kitchen with stainless steel refrigerator. mirrored closet doors and ample natural light enhance the open living space, perfect for modern city living.
modern bathroom featuring a sleek black vanity with white sink, a wall-mounted mirror cabinet, and a classic tiled floor with black and white pattern. the space is bright and clean with gray walls and a white bathtub accented by black and white wall tiles, offering a fresh and contemporary feel.
This modern kitchen features sleek white cabinetry, stainless steel appliances including a refrigerator, oven, and dishwasher, and a stylish black and white tiled backsplash with a matching patterned floor. The space is well-lit with a clean, contemporary design perfect for any home.
$1499$1,449/month
Studio · 1 Bath · 423 ft²
140, 146 Jameson Avenue
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.
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.
$1499$1,299/month
Studio · 1 Bath · 430 ft²
256 Sherbourne Street
Toronto, ON · Entire Apartment
300 Front St W, Toronto, ON
$155+/day
1 Bed · 1 Bath
300 Front St W
Toronto, ON · Entire Apartment
199 Richmond St W, Toronto, ON
2 Units Available
$155–$175/day
1 Bed – 2 Bed
199 Richmond St W
Toronto, ON · Studio on Richmond
22 Kenmark Boulevard, Toronto, ON Photo 9 of 9
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$1,399/month
1 Bed · 1 Bath · 750 ft²
22 Kenmark Boulevard
Toronto, ON · Entire Apartment
30 Nelson St, Toronto, ON
$175+/day
2 Bed · 2 Bath
30 Nelson St
Toronto, ON · Entire Apartment
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140 Simcoe St, Toronto, ON Photo 1 of 13
$195$145/day
1 Bed · 1 Bath · 550 ft²
140 Simcoe St
Toronto, ON · Entire Apartment
exterior view of a mid-century modern three-story apartment building featuring a mix of white and brown brick facades, balconies with white railings, and surrounded by leafless trees and a paved walkway under a clear sky, offering a quiet residential atmosphere.
2808 Keele Street, Toronto, ON Photo 1 of 8
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exterior view of a multi-unit residential building featuring a modern architectural style with beige brick and brown brick accents, surrounded by leafless trees and fenced yards under a clear blue sky.
exterior view of a mid-century modern three-story apartment building featuring a mix of white and brown brick facades, balconies with white railings, and surrounded by leafless trees and a paved walkway under a clear sky, offering a quiet residential atmosphere.
2808 Keele Street, Toronto, ON Photo 1 of 8
$1,500/month
Studio · 1 Bath · 200 ft²
2808 Keele Street
Toronto, ON · Entire Apartment
105 George St, Toronto, ON Photo 11 of 11
105 George St, Toronto, ON Photo 1 of 11
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105 George St, Toronto, ON Photo 11 of 11
105 George St, Toronto, ON Photo 1 of 11
$1,500/month
2 Bed · 2 Bath · 918 ft²
105 George St
Toronto, ON · Entire Apartment

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 $1500 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 $1500?

The average rent in Toronto, ON for cheap apartments under $1500 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 $1500 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 $1500 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 .

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 $1500 Toronto

Search for condos, townhouses, rooms, and houses for rent in Toronto, ON on liv.rent. Finding cheap apartments 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 Toronto rental listings are updated in real-time and are current as of Jun 5, 2026.