Cheap Rentals Under $1500 in Toronto, ON near Toronto Metropolitan University
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Most Relevant
2 Units Available
$120–$120/day
-- Bed · -- Bath 90 Glen Everest Road
Toronto, ON $1,200/month
RoomGarden Ave
Toronto, ON · Room in House%2Fstatic_files%2Funit%2F111258%2Funit_111258_68a2b4c40cf10.png&w=3840&q=75)
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2360 Weston Road
Toronto, ON · Entire Apartment 2 Units Available
$850–$850/month
-- Bed · -- Bath 127 Pears Avenue
Toronto, ON · Pears on the Avenue$1,500/month
Room113 Markham St
Toronto, ON · Room in House44 Yatesbury Rd
Toronto, ON · Room in House%2Fstatic_files%2Funit%2F51463%2Funit_51463_647d56f1ae23b.jpg&w=3840&q=75)
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$1,350/week
3 Bed · 2 Bath · 1500 ft²Tollerton Ave
Toronto, ON · Partial HouseAdvertisement
$1,200/month
RoomClaver Ave
Toronto, ON · Room in House 2 Units Available
$155–$210/day
1 Bed – 2 Bed 300 Front St W
Toronto, ON · Front St W18 Graylee Ave
Toronto, ON · Room in Apartment$900/month
RoomDynevor Rd
Toronto, ON · Room in House$1,399/month
1 Bed · 1 Bath · 750 ft²22 Kenmark Boulevard
Toronto, ON · Entire Apartment$660/month
RoomDundas St E
Toronto, ON · Room in House$1,500/month
Studio · 1 Bath · 330 ft²214 Wellesley Street East
Toronto, ON · Entire ApartmentAdvertisement
$139+/day
1 Bed · 1 Bath 30 Nelson St
Toronto, ON · Entire Apartment 3 Units Available
$145–$260/day
1 Bed – 3 Bed 7 Grosvenor St
Toronto, ON · IMMIX$190+/day
2 Bed · 2 Bath 30 Nelson St
Toronto, ON · Entire Apartment$135+/day
1 Bed · 1 Bath 140 Simcoe St
Toronto, ON · Entire Apartment 2 Units Available
$135–$199/day
1 Bed – 2 Bed 199 Richmond St W
Toronto, ON · Studio on Richmond$135+/day
1 Bed · 1 Bath 295 Adelaide St W
Toronto, ON · Entire ApartmentPembroke St
Toronto, ON · Room in HouseAdvertisement
$850/month
1 Bed · 1 Bath · 540 ft²20 Prince Arthur Ave
Toronto, ON · Entire Apartment%2Fstatic_files%2Fbuilding%2F19671%2Fbuilding_19671_0a41e776-7729-4924-ba3e-5e23fca13857.jpg&w=3840&q=75)
2 Units Available
$1,499–$1,629/month
Studio – 1 Bed 1030-1040 Hollington St
Ottawa, ON · Arbor Village%2Fstatic_files%2Fbuilding%2F48114%2Fbuilding_48114_68a3da8f3f2e3.jpg&w=3840&q=75)
2 Units Available
$1,399–$1,429/month
1 Bed 27 Lucerne
Aylmer, ON · 27 Lucerne & 87 Vanier%2Fstatic_files%2Fbuilding%2F48120%2Fbuilding_48120_68a3db599df8b.jpg&w=3840&q=75)
$1,470+/month
1 Bed · 1 Bath 350 Mayfield
Ottawa, ON · Entire Apartment%2Fstatic_files%2Fbuilding%2F48122%2Fbuilding_48122_68a3db72df81f.jpg&w=3840&q=75)
$1,500+/month
2 Bed · 1 Bath 324 Cambridge
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$1,295/month
2 Bed · 1 Bath 131 Lower - 131 Magnolia Drive S...
Calgary, AB · Entire Apartment$1,468+/month
1 Bed · 1 Bath 57 Forest Ave
Hamilton, ON · Entire ApartmentAdvertisement
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$1,270/month
1 Bed · 1 Bath 3280 Cavendish Boulevard
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500 Rue De L'Atmosphere
Gatineau, QC · Entire Apartment$1,150/month
1 Bed · 1 Bath · 682 ft²812 Welsh Dr SW
Edmonton, AB · Entire Apartment25 Delwood Dr
Scarborough, ON · Entire Apartment$1,100/month
Room12585 104A Ave
Surrey, BC · Room in Townhouse%2Fstatic_files%2Fbuilding%2F40291%2Fbuilding_40291_67baad6daeebc.png&w=3840&q=75)
270 Spadina Road East
Kitchener, ON · Entire Apartment$1,075/month
1 Bed · 1 Bath · 583 ft²580 6e Avenue
Montréal, QC · Entire ApartmentAdvertisement
$880/month
RoomLavender Way
London, ON · Room in House%2Fstatic_files%2Fbuilding%2F48121%2Fbuilding_48121_68a3db664fdc6.jpg&w=3840&q=75)
$1,450+/month
2 Bed · 1 Bath 50 Selkirk
Ottawa, ON · Entire Apartment$850/month
RoomSugarbush Rd
Mississauga, ON · Room in House$1,500/month
1 Bed · 1 Bath Prestonvale Rd
Clarington, ON · Partial House$850/month
RoomClearview Bay
Winkler, MB · Room in House$1,000/month
Room9 Thornton Ave
York, ON · Room in House$450/month
Room256 Hamilton Rd
London, ON · Room in ApartmentAdvertisement
135 Sherbrooke St E
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About Toronto Metropolitan University, Toronto, ON
Toronto Metropolitan University (TMU), formerly known as Ryerson University, is situated in the heart of Toronto, Ontario, Canada. Celebrated for its unwavering commitment to delivering exceptional education, groundbreaking research, and cutting-edge innovations, Toronto Metropolitan University attracts a diverse community of students from around the globe. Offering an extensive range of undergraduate and graduate programs that cater to individual aspirations, Toronto Metropolitan University takes immense pride in cultivating a multicultural and inclusive atmosphere, encouraging students to actively engage with the dynamic local community.
Renting Near Toronto Metropolitan University
Finding cheap rentals under $1500 near Toronto Metropolitan University 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 Near Toronto Metropolitan University
What is the average rent near Toronto Metropolitan University for cheap rentals under $1500?
The average rent near Toronto Metropolitan University for cheap rentals under $1500 will vary on a month-to-month basis. For the latest stats on average rent near Toronto Metropolitan University, refer to our monthly rent reports.
Toronto Metropolitan University Off Campus Housing
Finding off-campus housing near Toronto Metropolitan University may be a challenge depending on where you’re looking to rent. To enhance the likelihood of finding cheap rentals under $1500, acquaint yourself with various neighborhoods near TMU and their average rental prices. For additional insights, you can explore our blog, which delves into details about the diverse neighborhoods in Canada.
In addition to choosing your location to rent near Toronto Metropolitan University, 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 for renting near Toronto Metropolitan University - ranging from furnished rentals and unfurnished rentals to long term rentals and short term rentals.
Toronto Metropolitan University Rental Types
There are many rental property types you can choose from near Toronto Metropolitan University.
Apartments for rent Toronto Metropolitan University
Apartments are a common form of housing you’ll find near Toronto Metropolitan University. Average rent prices for apartments depend on which campus you’ll be attending. Apartments for rent near Toronto Metropolitan University’s main campus in Toronto are typically more expensive due to higher demand. Apartments generally require much less maintenance than houses, making them ideal for students who don’t need as much space.
Houses for rent Toronto Metropolitan University
There are plenty of houses for rent near Toronto Metropolitan University for those with a higher budget, need extra space, or who have multiple roommates. Both partial houses and entire houses for rent are common, as well as both new builds and older homes. Some areas, like Toronto and Vancouver, are also known for an abundance of laneway homes and townhomes, making it easy to find a place to rent that suits your needs.
Townhouses for rent Toronto Metropolitan University
Townhouses are another popular form of housing near Toronto Metropolitan University that combine the best qualities of both apartments and whole houses. Typically less expensive than houses, townhouses for rent offer an attractive combination of freedom and space, generally coming with your own private yard and entrance.
Basements for rent Toronto Metropolitan University
For those looking to find affordable rental housing near Toronto Metropolitan University, basements for rent pose an attractive alternative. Since house prices are so expensive, homeowners will sometimes 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 areas they might not otherwise be able to afford to rent in.
Condos for rent Toronto Metropolitan University
Condos for rent are common in Downtown Toronto, not far from Toronto Metropolitan University. These types of rental accommodation are perfect for those who like to be in the centre of the action, and don’t need as much space. If you are looking to rent in the city centre though, be prepared for higher-than-average rent prices.
Rooms for rent Toronto Metropolitan University
Sharing a house or apartment is practically essential for those looking for cheap rent near Toronto Metropolitan University. Rooms for rent are a great way to experience wherever you’re living on a budget, and can offer you the opportunity to live in neighbourhoods that would otherwise be unaffordable.
Special Toronto Metropolitan University Rental Types
In addition to choosing your property type, there are also specific rental types you can look into.
Pet friendly rentals near Toronto Metropolitan University
Though not every landlord is keen on allowing pets, there are a good number of pet-friendly rentals near Toronto Metropolitan University 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 near Toronto Metropolitan University
If you’re new to Toronto 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 near Toronto Metropolitan University. Student 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 near Toronto Metropolitan University
Not only is Toronto Metropolitan University one of Ontario’s best academic institutions, it is also a major hub with a significant staff. As a result, many people rent near Toronto Metropolitan University on a short-term basis - including staff, international students, and even parents who want to accompany their children for a brief period. Short-term rentals near most universities 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 near Toronto Metropolitan University
If you’re looking for cheap rentals near Toronto Metropolitan University, try finding a roommate or two and explore shared housing; or search for rooms for rent. It’s worth noting that in Toronto, there are neighbourhoods where rent is considerably cheaper, so exploring these options is a good idea as well.
Toronto Metropolitan University Rental Amenities
When you’re searching for cheap rentals under $1500 near Toronto Metropolitan University, 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 Near Toronto Metropolitan University, Toronto, ON
Many students often find themselves at a crossroads when it comes to deciding on their university and where they should live.
Some students pick a university based on the city. If you’re not sure that Toronto is the right city for you, check out some of these resources comparing the different cities.
Another choice to make is deciding between living in residence or off-campus. For those of you who are still deciding, check out some of these resources.
Popular Neighbourhoods Near Toronto Metropolitan University
There are many neighbourhoods near Toronto Metropolitan University that you can consider if you’re looking to live off campus. For more information, you can check the blog to learn about the different neighbourhoods near Toronto Metropolitan University.
Popular Cities Near Toronto Metropolitan University
Popular Universities Near Toronto Metropolitan University
Cheap Rentals Under $1500 near Toronto Metropolitan University
Search for condos, townhouses, rooms, and houses for rent near Toronto Metropolitan University 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 Toronto Metropolitan University rental listings are updated in real-time and are current as of Aug 19, 2025.
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