$0 - $1,000

Cheap Rentals Under $1000 in Toronto, ON

31 Rentals Found

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2 Units Available

$195–$240/day

1 Bed – 2 Bed

30 Mutual Street

Toronto, ON · The Ledbury

3 Units Available

$650–$900/month

-- Bed · -- Bath

140 Carlton St

Toronto, ON · Downtown: Carlton St

empty room with hardwood flooring and plain beige walls featuring a single window with dark green curtains, showcasing natural light and a simple, unadorned space with visible wear and tear on floors and walls, ideal for renovation or customization.

cozy dining area with vintage wooden chairs surrounding a round table, featuring simple white tiled flooring and neutral walls adorned with a minimalistic floral painting. adjacent kitchen space visible through an archway, creating a functional and modest home environment.

$830/month

Room

Danforth Ave

Toronto, ON · Room in House

bright and spacious modern fitness room with large windows allowing ample natural light, equipped with colorful exercise balls, spin bikes, and various workout accessories, featuring light wood flooring and sleek black ceiling lights for a clean, motivating workout environment.

cozy and modern bedroom featuring a colorful abstract duvet set, sleek white furniture including a tall dresser and study desk, a mounted flat-screen tv, and soft ambient lighting from floor and desk lamps creating a warm and inviting atmosphere.

modern kitchen and dining area featuring sleek wood cabinetry with metallic upper cabinets, a stylish tile backsplash, and a compact dining set with black chairs and yellow-accented table settings on a patterned rug, highlighting a contemporary and functional design perfect for urban living.

modern bathroom featuring sleek wood vanity with integrated sink, white toilet, marble-effect tiled walls and floor, and a bathtub with shower curtain. bright, clean, and stylish space with subtle natural and artificial lighting enhancing its contemporary appeal.

modern office hallway featuring light wood flooring and decorative tiled area, glass walls with black frames, and a well-lit workspace with tables and chairs, creating a sleek and professional atmosphere for business activities.

modern office lounge area featuring cozy black booth seating with pendant lighting, light wood flooring, and stylish gray tufted ottomans on a textured rug, complemented by sleek glass partitions and contemporary black shelving unit under bright recessed lighting.

modern communal lounge area featuring sleek black booth seating, stylish bar stools, and a clean white counter with pendant lighting. the space combines light wood flooring with geometric tile accents, creating a sophisticated and inviting atmosphere ideal for casual meetings or social gatherings.

modern rooftop patio featuring sleek cushioned seating, a fire pit, and city skyline views, perfect for outdoor relaxation and entertaining in an urban setting

modern gym space featuring large windows with abundant natural light, sleek black workout mats, and various fitness equipment including stairmasters, dumbbells, and plyometric boxes, ideal for a comprehensive workout routine in a clean and spacious environment.

$980/month

Room

85 Wood St

Toronto, ON · Room in Apartment

spacious modern fitness center with high ceilings and floor-to-ceiling windows allowing ample natural light. equipped with various strength training machines, cardio equipment, and free weights, offering a clean and inviting workout environment in an urban setting.

modern bedroom with large windows offering a stunning city skyline view, featuring a neatly made bed with green patterned bedding, a mounted roku tv on a rolling stand, and bright natural lighting enhancing the clean and minimalistic space.

bright and modern small home office nook with large windows offering expansive city views, minimalist white desk and chair, sleek wooden flooring, and natural light enhancing the clean, organized workspace ambiance

spacious high-rise balcony with sturdy glass and metal railing overlooking a vibrant cityscape of modern skyscrapers and distant ocean view, perfect for outdoor relaxation and urban living enjoyment

aerial view showcasing a lush green urban landscape with a mix of residential buildings and high-rise apartments under a clear blue sky, highlighting vibrant fall foliage and a busy road running alongside, ideal for nature lovers seeking city proximity

Modern galley kitchen featuring light wood cabinetry, white countertops, and stainless steel appliances. Bright and clean space with a small dining area set for four, stylish track lighting, and wood-look flooring enhancing the contemporary design.

Bright, modern bathroom featuring a sleek wooden vanity with granite countertop, large mirror, and minimalistic fixtures. Includes a white toilet, soft gray bath mat, and decorative plants for a fresh, clean look. Ideal for contemporary living spaces.

modern minimalist bathroom featuring a sleek white bathtub with a square showerhead and chrome fixtures, surrounded by large white tiles and illuminated by recessed ceiling lighting, creating a clean and spacious bathing area with a glass shower door.

modern laundry area featuring a stacked white washer and dryer set against clean white walls and white tiled flooring, maximizing space efficiency in a compact corner. bright, minimalist design ideal for contemporary homes.

modern indoor swimming pool area featuring sleek lounge chairs, textured dark pillars, and elegant recessed lighting, surrounded by large glass windows and stylish gray tile flooring, offering a serene and luxurious spa-like atmosphere for relaxation and recreation.

$990/month

Room

395 Bloor St E

Toronto, ON · Room in Apartment

modern indoor swimming pool with sleek curved ceiling, large circular skylight, floor-to-ceiling windows, and comfortable lounge chairs creating a bright and inviting relaxation space in a contemporary design setting

cozy bedroom featuring a modern black and gray checkered bedspread, a sleek black desk with an adjustable lamp, and a comfortable black office chair. mirrored closet doors enhance the sense of space, while neutral walls and carpet create a clean, inviting atmosphere perfect for rest and work.

cozy and compact bedroom featuring a modern black and gray color scheme with a comfortable bed, a small desk with an office chair, and a wall-mounted flat-screen tv. the room is enhanced by dark curtains and soft lighting, creating a functional and inviting space for rest and work.

modern kitchen featuring dark wood cabinetry, granite countertops, and sleek stainless steel appliances with large windows allowing natural light, complemented by a wooden floor and track lighting for a bright, inviting cooking and dining space.

clean and functional bathroom featuring a white sink vanity, toilet, and bathtub with a white shower curtain, complemented by beige tiled flooring and bright lighting, ideal for a modern apartment or home.

bright and spacious children's playroom with colorful soft play structures, multiple orange tables with stools, large white columns, and modern pendant lighting providing a cheerful and safe environment for kids to play and learn indoors.

modern gym room featuring multiple cardio machines including treadmills and stationary bikes, bright natural lighting from large windows, and floor-to-ceiling mirrors enhancing the spacious feel and sleek design, perfect for fitness enthusiasts.

modern fitness center with large windows and multiple exercise machines including benches, weight machines, and cardio equipment. bright natural and artificial lighting highlights the clean and spacious interior with mirrored walls enhancing the sense of space.

spacious and pristine wooden sauna room featuring smooth vertical wood paneling, built-in bench seating along two walls, and soft wall-mounted lighting that creates a warm and inviting atmosphere for relaxation and wellness.

$980/month

Room

14 York St

Toronto, ON · Room in Apartment

$650/month

Room

525 Jones Ave

Toronto, ON · Room in House

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~~$195~~$145/day

1 Bed · 1 Bath · 550 ft²

140 Simcoe St

Toronto, ON · Entire Apartment

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$155+/day

1 Bed · 1 Bath

300 Front St W

Toronto, ON · Entire Apartment

2 Units Available

$155–$175/day

1 Bed – 2 Bed

199 Richmond St W

Toronto, ON · Studio on Richmond

$155+/day

1 Bed · 1 Bath

30 Nelson St

Toronto, ON · Entire Apartment

$175+/day

2 Bed · 2 Bath

30 Nelson St

Toronto, ON · Entire Apartment

bright and spacious modern children's playroom featuring colorful soft play equipment, multiple small tables with orange seating, and a clean, well-lit environment with white walls and columns, ideal for families seeking a safe and engaging space for kids.

bright and modern bedroom featuring large floor-to-ceiling windows with city skyline views, a colorful bedspread, and a white minimalist desk with chair. natural light fills the space, complemented by a tall floor lamp and a small desk lamp, creating a comfortable and inviting urban living environment.

bright modern bedroom with large floor-to-ceiling windows offers stunning city views, featuring a colorful bedspread, minimalist white furniture including a desk, chair, wardrobe, and shelving unit, complemented by natural light and a cozy reading lamp for a comfortable urban living space.

bright and clean modern bathroom featuring a white vanity with sink, large mirror, white toilet, gray tiled floor, and simple decor including a striped rug and dark towel for a minimalist appeal

bright and clean modern bathroom features a glass-enclosed shower, neutral tile flooring, and simple white walls accented by a dark towel and striped floor mat, creating a minimalist yet inviting space.

modern kitchen featuring dark wood cabinetry, granite countertops, and large floor-to-ceiling windows offering impressive city views and abundant natural light, complemented by sleek stainless steel appliances and track lighting for a contemporary feel.

modern indoor swimming pool with sleek curved ceiling design and large circular skylight, surrounded by floor-to-ceiling windows allowing natural light, complemented by comfortable lounge chairs on gray tiled flooring, perfect for relaxation and recreation.

spacious and well-lit sauna room featuring warm wood paneling on walls and ceiling, multiple wooden benches arranged in an l-shape, and soft wall-mounted lighting fixtures creating a relaxing ambiance for wellness and rejuvenation.

modern fitness center with multiple cardio machines, large floor-to-ceiling windows providing ample natural light, mirrored walls enhancing spaciousness, and sleek contemporary design. perfect for health and wellness enthusiasts.

modern fitness center with sleek exercise equipment, large windows allowing ample natural light, and bright linear ceiling lights. the spacious room features a clean, minimalist design with mirrored walls enhancing the sense of space and brightness.

~~$980~~$900/month

Room

12 York Street

Toronto, ON · Room in Apartment

$735/month

Room

Pembroke St

Toronto, ON · Room in House

$1,000/month

Room

3000 Yonge street

Toronto, ON · Room in Apartment

bright and minimalistic room featuring a wooden wardrobe, simple black desk with matching chair, warm hardwood flooring, and soft natural light from a single window, creating a clean and inviting space perfect for a home office or small bedroom.

Bright and inviting hallway featuring a classic dark wooden curved staircase with decorative stair runners, cream-colored tiled floor, soft yellow walls, and a vintage wooden side table adorned with potted plants, leading to a well-lit dining area in the background.

bright and tidy bedroom with natural light filtering through soft pink curtains, featuring minimalist furniture including a wooden bed with a white mattress and a black desk with a lamp and orchid, set on polished hardwood floors and a neutral wall color for a clean, inviting atmosphere.

Minimalist small bedroom featuring light hardwood floors, white walls, a simple wardrobe, a basic desk, and an empty wooden bed frame under soft natural light from a small window, offering a clean and uncluttered living space ideal for personalization.

$820/month

Room

0 cindy nicholas drive m1e5c4

Toronto, ON · Room in House

modern kitchen with white cabinetry, marble countertops, and stainless steel appliances featuring a large island with seating, pendant lighting, and a stacked washer-dryer unit visible in the background, showcasing a clean and contemporary design with ample natural light

Minimalist bedroom featuring a cozy double bed with patterned bedding, a sleek white desk with a modern black office chair, and a wall-mounted clock. Large window with roller blinds allows natural light, complemented by a soft area rug and a mounted flat-screen TV for entertainment.

modern bathroom featuring a sleek white vanity with rectangular sink, a glass-enclosed shower with large marble-like tiles, polished concrete floor, and bright recessed lighting, offering a clean and minimalist space with contemporary finishes and ample natural and artificial light.

bright modern kitchen featuring a large marble island with seating, stainless steel appliances, pendant lighting, and a stacked washer and dryer unit, complemented by large windows offering ample natural light and views of charming brick homes outside.

$800/month

Room

41 River St

Toronto, ON · Room in Apartment

text-based real estate listing highlighting prime toronto location with proximity to major landmarks, universities, transit access, and nearby parks, emphasizing perfect transit and walk scores for urban convenience.

a minimalist entryway featuring a dark door contrasted with white walls and light wood flooring, complemented by simple white curtains and bright overhead lighting for a clean and modern look

Modern bathroom featuring a sleek white bathtub with matte black fixtures, light wood cabinetry, and a large mirror that enhances natural light. Minimalist design with clean lines and neutral tones creates a fresh, spacious, and inviting atmosphere.

modern apartment hallway with light wood flooring and white walls leading to a bathroom featuring sleek gray tile and a bathtub with glass shower door. bright ceiling light illuminates the clean, minimalist space, emphasizing the contemporary design and polished finishes.

modern and clean bathroom featuring a white bathtub with matte black fixtures, a sleek white toilet, light wood cabinetry, and a large mirror that enhances the bright and minimalist space with neutral gray tiles and contemporary design.

modern urban property featuring a fresh foods storefront and a high-rise balcony with expansive city views, showcasing sleek glass and metal architecture in a bustling metropolitan area, ideal for city living enthusiasts.

modern and luxurious lobby featuring high ceilings with geometric pendant lighting, plush tufted beige seating on a patterned rug, glossy black paneled walls, and large floor-to-ceiling windows offering abundant natural light and urban views, complemented by a sleek reception desk with ambient lighting.

text listing prime downtown toronto location highlights near entertainment, theatre, financial district, and major attractions like roy thompson hall, princess of wales theatre, tiff lightbox, st. lawrence market, rogers centre, and scotiabank arena with easy access to top bars, coffee shops, restaurants, and metro hall path network.

$900/month

Room

108 Peter st, toronto

Toronto, ON · Room in Apartment

2 Units Available

$900–$980/month

-- Bed · -- Bath

260 Wellesley St E

Toronto, ON · 260 WELLESLEY RESIDENCES

4 Units Available

$780–$980/month

-- Bed · -- Bath

280 Wellesley St E

Toronto, ON · Wellesley Parliament Square

$690/month

Room

Dundas St E

Toronto, ON · Room in House

$900/month

Room

Dynevor Rd

Toronto, ON · Room in House

bright and modern kitchen area featuring stainless steel refrigerator, sleek countertops, and white cabinetry leading to a sunlit dining nook with large windows and parquet flooring, offering a clean and inviting urban living space with ample natural light and functional design.

modern bedroom with large glass sliding doors leading to a balcony, featuring a blue forest-themed bedspread, minimalist white shelving unit, wooden desk, and natural light enhancing the cozy urban living space with city views.

bright and compact bedroom featuring large floor-to-ceiling windows with city views, minimalist white storage units, a vibrant blue ocean-themed bedspread, and a mounted smart tv on a mobile stand, complementing the parquet hardwood flooring and dark curtains.

cozy bedroom with large window and natural light featuring a bed with blue bear-themed bedding, simple wooden desk with a lamp, black office chair, and open shelving against a beige wall creating a serene and functional living space.

clean and modern bathroom featuring a white bathtub with shower curtain, a white toilet, sleek vanity with dark countertop, and a large mirror with overhead lighting, offering a bright and fresh appeal

modern kitchen featuring stainless steel appliances, white cabinetry with subway tile backsplash, and quartz countertops. bright, clean, and efficient layout with ample storage, perfect for contemporary living.

$980/month

Room

50 DUNFIELD Avenue

Toronto, ON · Room in 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 rentals under $1000 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 rentals under $1000?

The average rent in Toronto, ON for cheap rentals under $1000 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 rentals under $1000 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 rentals under $1000 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

Toronto apartments for rent

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 Rentals Under $1000 Toronto

Search for condos, townhouses, rooms, and houses for rent in Toronto, ON on liv.rent. Finding cheap rentals under $1000 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 3, 2026.

Looking for Cheap Rentals Under $1000 in Toronto, ON?

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

Cheap Rentals Under $1000 in Toronto, ON

About Toronto, ON

Renting in Toronto, ON

Average Rent in Toronto, ON

What is the average rent in Toronto for cheap rentals under $1000?

Finding cheap rentals under $1000 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 Rentals Under $1000 Toronto

Looking for Cheap Rentals Under $1000 in Toronto, ON?

Toronto Rental Types

Toronto Rentals by Bedrooms

Toronto Rentals by Amenity

Toronto Rentals by Lease

Toronto Rentals by Price