University of Toronto, Toronto, ON
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Apartments, Condos and Houses for Rent near University of Toronto, Toronto, ON

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About University of Toronto, Toronto, ON

The University of Toronto, located in the bustling city of Toronto, Ontario, is renowned for its unwavering dedication to excellence in teaching, research, and innovation. Drawing students from diverse backgrounds, both domestic and international, the university offers an extensive range of undergraduate and graduate programs tailored to cater to individual student needs. An integral part of its identity lies in nurturing a multicultural and inclusive environment that actively encourages students to forge meaningful connections with the local community.

Renting Near University of Toronto

Finding unfurnished rentals near University of 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 Near University of Toronto

What is the average rent near University of Toronto for unfurnished rentals?

The average rent near University of Toronto for unfurnished rentals will vary on a month-to-month basis. For the latest stats on average rent near University of Toronto, refer to our monthly rent reports.

University of Toronto Off Campus Housing

Finding U of T off-campus housing in Downtown Toronto may be a challenge depending on where you’re looking to rent. To enhance the likelihood of finding unfurnished rentals, acquaint yourself with various neighborhoods near University of Toronto 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 University of Toronto, 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 University of Toronto - ranging from furnished rentals and unfurnished rentals to long term rentals and short term rentals.

University of Toronto Rental Types

There are many rental property types you can choose from near University of Toronto.

Apartments for rent University of Toronto

Near University of Toronto, apartments are a common form of housing you’ll find. Average rent prices for apartments depend on where you’re looking. Apartments for rent in urban areas 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 University of Toronto

There are plenty of houses for rent near the University of Toronto 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. In Toronto and Vancouver, there are plenty of laneway homes and townhomes as well to suit various renters’ needs.

Townhouses for rent University of Toronto

Townhouses are another popular form of housing near University of Toronto 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 University of Toronto

For those looking to find affordable rental housing near University of Toronto, 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 University of Toronto

Condos for rent are the most common type of housing near the University of Toronto’s downtown campus. 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 University of Toronto

Since Toronto is one of the most expensive cities to rent in Canada, sharing a house or apartment is practically essential for those looking for cheap rent near the University of Toronto. 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 University of Toronto Rental Types

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

Pet friendly rentals near University of Toronto

Though not every landlord is keen on allowing pets, there are a good number of pet-friendly rentals near University of 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 near University of Toronto

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 University of Toronto. 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 University of Toronto

Not only is University of Toronto one of Ontario’s best academic institutions, it is also a major hub with a significant staff. As a result, many people rent near University of Toronto 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 University of Toronto

If you’re looking for cheap rentals near the University of Toronto, try finding a roommate or two and explore shared housing; or search for rooms for rent. It’s worth noting that in Toronto in particular, there are neighbourhoods and different parts of the city where rent is considerably cheaper than others, so exploring these options is a good idea as well.

University of Toronto Rental Amenities

When you’re searching for unfurnished rentals near University of 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 Near University of Toronto, 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 University of Toronto

There are many neighbourhoods near University of Toronto 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 University of Toronto.

Unfurnished rentals near University of Toronto

Search for condos, townhouses, rooms, and houses for rent near University of 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 University of Toronto rental listings are updated in real-time and are current as of Apr 26, 2025.