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Cheap Rentals Under $2000 in Kensington Market, Toronto, ON

About Kensington Market, Toronto, ON

Kensington Market, nestled in the heart of Toronto, Ontario, is a vibrant and eclectic neighborhood renowned for its rich multicultural heritage and bohemian flair. Designated a National Historic Site of Canada, this area boasts a tapestry of colorful Victorian homes, diverse eateries, vintage boutiques, and lively street art. Its unique blend of cultures and artistic expression makes Kensington a must-visit destination for both locals and tourists seeking an authentic Toronto experience.

Renting in Kensington Market, Toronto, ON

Finding cheap rentals under $2000 in Kensington Market, 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 the rental process in Canada. To help you get started, here is a list of resources with tips on renting in Canada.

Average Rent in Kensington Market, Toronto, ON

What is the average rent in Kensington Market, Toronto for cheap rentals under $2000?

The average rent in Kensington Market, Toronto, ON for cheap rentals under $2000 will vary on a month-to-month basis. For the latest stats on average rent in Kensington Market, Toronto, check out our monthly Toronto rent reports.

Apartment Hunting in Kensington Market, Toronto, ON

Compared to cities like Vancouver and Richmond, it’s fairly easy to find relatively cheap rentals in Kensington Market, Toronto - although apartments for rent under $1000 are still uncommon. To start your search, you can refer to this guide on Kensington Market, Torontoneighbourhoods.
In addition to choosing your location, it’s important to know what rental types are available (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.

Kensington Market, Toronto Rental Types

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

Apartments for rent Kensington Market, Toronto

Apartments for rent in Kensington, Toronto, are ideal for students, artists, and young professionals drawn to the neighborhood’s creative energy. These units often feature unique layouts within historic buildings, offering character and charm. Residents benefit from proximity to eclectic shops, diverse dining options, and excellent public transit connections.

Houses for rent Kensington Market, Toronto

Houses for rent in Kensington, Toronto, cater to families and individuals seeking a vibrant community atmosphere. These homes, often Victorian-style, provide spacious living with historic charm. Living here offers easy access to local markets, cultural events, and the dynamic Kensington lifestyle.

Townhouses for rent Kensington Market, Toronto

Townhouses for rent in Kensington, Toronto, appeal to those desiring a balance between space and urban living. These multi-level residences often feature modern amenities while retaining historic exteriors. Their central location ensures residents are steps away from Kensington’s bustling streets and cultural hotspots.

Basements for rent Kensington Market, Toronto

Basements for rent in Kensington, Toronto, offer affordable living options for students and young options for students and young professionals. These units provide cozy living spaces within walking distance to universities, cafes, and public transit. The neighborhood’s vibrant atmosphere adds to the appeal of basement living here.

Condos for rent Kensington Market, Toronto

Condos for rent in Kensington, Toronto, attract individuals seeking modern living amidst a historic setting. These units often come with contemporary finishes and amenities. Residents enjoy the convenience of nearby shops, eateries, and the artistic vibe that defines Kensington.

Rooms for rent Kensington Market, Toronto

Rooms for rent in Kensington, Toronto, are perfect for students and travelers looking for short-term stays. These accommodations offer a chance to immerse oneself in the neighborhood’s diverse culture. With numerous cafes, galleries, and markets nearby, residents experience the true essence of Kensington living.

Special Kensington Market, Toronto Rental Types

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

Pet friendly rentals in Kensington Market, Toronto

Though not every landlord is keen on allowing pets, there are a good number of pet-friendly rentals in Kensington Market, Toronto for those with furry friends. Both dog-friendly and cat-friendly rental units are available, as well as properties where both are allowed. Try searching for pet-friendly units using search filters on your rental platform to find units that match your needs.

Furnished rentals in Kensington Market, 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 Kensington Market, 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 Kensington Market, Toronto

Short-term rentals in Kensington Market, Toronto provide visitors with a unique opportunity to live like a local. Options range from cozy apartments to artist lofts, all set within the neighborhood’s vibrant streets. Proximity to downtown and cultural attractions makes these rentals highly sought after.

Cheap rentals in Kensington Market, Toronto

If you’re looking for cheap rentals in Kensington Market, Toronto, try finding a roommate or two and explore shared housing; or search for rooms for rent. It’s worth noting that in Kensington Market, Toronto, there are neighbourhoods where rent is considerably cheaper, so exploring these options is a good idea as well.

Kensington Market, Toronto Rental Amenities

When you’re searching for cheap rentals under $2000 in Kensington Market, 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.

Exploring Kensington Market, Toronto, ON

Kensington Market is a microcosm of Toronto’s multicultural spirit, offering a sensory-rich experience with its array of global cuisines, vintage shops, and vibrant street art. Strolling through its narrow lanes, visitors encounter a blend of cultures, from Latin American grocers to Caribbean eateries. The neighborhood’s historic significance and commitment to preserving its unique character make it a standout destination in Toronto. Kensington Market

Things to do in Kensington Market, Toronto, ON

Kensington Market is a haven for explorers and culture enthusiasts. Food lovers can indulge in diverse offerings, from authentic Mexican tacos at Seven Lives to Jamaican-Italian fusion at Rasta Pasta!. Art aficionados will appreciate the neighborhood’s vibrant murals and independent galleries. Vintage shoppers can browse unique finds in stores like Courage My Love. The area also hosts events like Pedestrian Sundays, transforming the streets into lively festivals with music, food, and art.

Top restaurants in Kensington Market, Toronto, ON

Kensington Toronto offers a range of dining options for every taste. Here are three restaurants worth trying.
1) Seven Lives is renowned for its Baja-style tacos, offering generous portions filled with fresh seafood and bold flavors. The casual, bustling atmosphere makes it a favorite among locals and tourists seeking authentic Mexican street food.
2) Rasta Pasta blends Jamaican and Italian cuisines, serving dishes like jerk chicken pasta and reggae lasagna. The vibrant decor and fusion flavors provide a unique dining experience that reflects Kensington’s multicultural essence.
3) Grey Gardens offers a refined dining experience with a menu that emphasizes seasonal ingredients and inventive dishes. The intimate setting and curated wine list make it ideal for food connoisseurs and romantic dinners.
4) Tortería San Cosme brings the flavors of Mexico City to Toronto, specializing in traditional tortas made with fresh ingredients. The vibrant, colorful interior and authentic menu transport diners straight to the heart of Mexico.

Transportation options in Kensington Market, Toronto, ON

Getting around Kensington Market, Toronto, ON is easy thanks to the city’s well-developed public transit system. The Toronto Transit Commission (TTC) operates an extensive network of subways, streetcars, and buses that connect neighborhoods across the city. The Line 1 (Yonge-University) and Line 2 (Bloor-Danforth) subway lines are especially useful for accessing downtown and major transit hubs. For surface travel, the iconic red streetcars offer a scenic way to explore. If you’re heading to nearby cities, regional trains and buses are available via GO Transit. Many areas are walkable and bike-friendly, with the city’s Bike Share Toronto program providing convenient rentals. Whether you’re commuting or sightseeing, Kensington Market is well-connected for every type of traveler.

Where to stay in Kensington Market, Toronto, ON

Toronto offers a wide range of accommodations for every type of traveler. If you prefer luxury, hotels like the Ritz-Carlton or Bisha Hotel in the Entertainment District provide stunning views, fine dining, and easy access to downtown attractions. For a boutique experience, try the Drake Hotel in Queen West—perfect for art lovers and creatives. Travelers on a budget or seeking a more local feel might opt for an Airbnb in neighborhoods like Kensington Market, Leslieville, or the Distillery District. These areas offer charm, convenience, and unique stays. Whether hotel or home-style rental, Toronto has a stay that fits your style.

Cheap Rentals Under $2000 Kensington Market, Toronto, ON

Search for condos, townhouses, rooms, and houses for rent near Kensington Market, Toronto on liv.rent. Finding apartments for rent 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 apartments and 3+ bedrooms for rent.
Our Kensington Market, Toronto, ON rental listings are updated in real-time and are current as of May 24, 2026.