If you're currently living in Toronto, you already know how much of a struggle it is to find affordable accommodations in the city. No matter where you look, whether the apartment is smack dab in the middle of downtown or an hour commute outside, the prices just won't go down!
Recent data released by Padmapper showed that the average price of a one bedroom apartment in Toronto has now reached $2,000! Yup, the average price. It's a sad, sad real estate world we're living in right now in the Toronto and it seems to be getting worse by the month.
So, with the unfortunate fact in mind that the average rent is now $2,000/month, a 'cheap' apartment will be anything under that price. While that isn't considered cheap by most working class individuals in Toronto, that's just how it is.
There are some unfortunately bad apartments at this price range, but there are also some hidden gems that just take a little bit of digging to uncover. So I did the digging for you! There's something that everyone will be looking for in an apartment in here.
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2 Bedroom High Park Apartment
Price: $1800/month
Amenities:
- 2 bedrooms with 2 floors
- New appliances
- In suite laundry
- Gas fireplace
- Close to restaurants and the TTC
Available: February 1st
1 Bedroom Richmond Hill Apartment
Price: $1700/month
Amenities:
- 607 square feet apartment
- Big balcony
- Stainless steal appliances
- Den for home office or extra room
- Close to big mall and major highways
Available: Now
1 Bedroom Loft In Old Toronto
Price: $1795/month
Amenities:
- Located at Richmond and Church steps from St. Lawrence Market, The Distillery District, Ryerson and Downtown Toronto
- Washer and dryer in unit
- Stainless steel appliances
- Large balcony
- Utilities included (gas, water and heat)
Available: February 1st
1 Bedroom Apartment In The Beaches
Price: $1450
Amenities:
- Located near Queen Street East, steps away from TTC
- Only 10 minutes from downtown core
- Living room, bedroom and washroom spaces
Available: Now
1 Bedroom Downtown Condo
Price: $1795/month
Amenities:
- 1 bedroom condo at Sherbourne and Wellesley
- Ensuite washer and dryer
- Fitness centre, party room, theatre room, rooftop garden in building
- Large balcony
Available: March 1st
2 Bedroom Apartment In The Junction
Price: $1500/month
Amenities:
- Newly renovated, 2 bedroom apartment
- Full size kitchen with stove and fridge included
- Coin laundry on-site
- Spacious living room with natural light
Available: February 1st
1 Bedroom Condo In Humber Bay
Price: $1750
Amenities:
- Balcony with courtyard garden views
- Utilities included (except hydro)
- Brand new stainless steel appliances
- Balcony with electrical outlets
- Indoor pool, hot tub and sauna in building
- Fitness centre in building
Available: March 1st
1 Bedroom Danforth Apartment
Price: $1450/month
Amenities:
- 3 piece ensuite bathroom
- Dishwasher, laundry, stove and fridge
- 10 minutes from Woodbine station
Available: February 1st
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2 Bedroom Modern Condo In West Humber
Price: $1895/month
Amenities:
- 2 bedrooms, 2 washroom and parking space
- Floor to ceiling windows
- Fitness and party room in building
- Rooftop terrace with BBQ and swimming pool
Available: February 1st
1 Bedroom Apartment In North York
Price: $1000/month
Amenities:
- Separate entrance to apartment
- 3 piece bathroom
- Private laundry on-site
- 200 meters to Bessarian station
- Basic furniture included
Available: February 1st
1 Bedroom High Park Apartment
Price: $1600/month
Amenities:
- Utilities included (except internet)
- New appliances including gas stove
- Private entrance and parking in the rear
- Shared washer/dryer in common laundry area
- Close to TTC
Available: February 1st
Studio Apartment In Financial District
Price: $1650/month
Amenities:
- 1 bathroom
- Large balcony
- Locker included
- Fitness centre, outdoor terrace, golf room, poker room, theatre room and more in building
Available: February 1st
1 Bedroom Apartment In Maple Leaf Square
Price: $1950/month
Amenities:
- 1 bedroom and 1 bathroom
- Large balcony
- Connected to Air Canada Centre and Union Station
Available: Now
Studio Apartment In Entertainment District
Price: $1700/month
Amenities:
- Studio unit with large balcony
- Walking distance to subway station and streetcars
- Located in the heart of downtown Toronto
Available: January 15th
1 Bedroom Basement Apartment Bathurst And St. Clair
Price: $1000/month
Amenities:
- Close to St. Clair subway station
- Living room, kitchen and bathroom
- Separate entrance to apartment
- Utilities included (except internet)
Available: February 1st
Furnished 1 Bedroom Apartment At Dundas And Spadina
Price: $1500/month
Amenities:
- Furnished large bedroom with open kitchen and bathroom
- All utilities included as well as internet
- Coin laundry in the building
- Streetcar stop only 1 minute away
Available: Now
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1 Bedroom Apartment At Harbourfront
Price: $1800/month
Amenities:
- Located in the heart of the city and the waterfront
- Open concept living/dining room
- Modern kitchen with granite counters
Available: February 1st
Studio Apartment In Downtown
Price: $1650
Amenities:
- Right in the middle of downtown with access to everything
- Building newly renovated with all amenities included
- Bachelor style apartment
Available: Now
1 Bedroom Apartment At Yonge And Wellesley
Price: $1776/month
Amenities:
- Condo-style living in downtown Toronto
- Large balcony
- Dishwasher, fridge/stove and microwave included
- Pool and fitness centre in building
Available: Now
1 Bedroom Apartment At Yonge And St. Clair
Price: $1650/month
Amenities:
- New kitchen with stainless steel appliances
- Full length balcony
- Minutes from St. Clair subway station
Available: Now
1 Bedroom Apartment In Yorkville
Price: $750/month
Amenities:
- Luxury condo at Yonge and Bloor
- Designer kitchen with 6 stainless steel appliances
- Hardwood floors
- Pool, sauna, gym and party room in building
- Fully furnished apartment
Available: Now
1 Bedroom Basement Apartment In Richmond Hill
Price: $950/month
Amenities:
- Large living room with walkout backyard
- Fridge and stove included
- Driveway parking spot
- Shared washer and dryer
- Tenant pays 30% of hydro, water and gas
Available: March 1st
1 Bedroom Apartment At Dufferin And St. Clair
Price: $1300/month
Amenities:
- 1 room, den and bathroom in basement unit
- Separate side entrance to apartment
- Hydro, water, heat and internet included (cable is extra)
- Freshly repainted and cleaned
Available: January 15th
1 Bedroom Apartment In Liberty Village
Price: $1700/month
Amenities:
- Private balcony
- Floor to ceiling windows
- Sauna, gym, pool, jacuzzi, yoga room and security in building
- Hydro included
Available: Now
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Bachelor Apartment At Yonge And Eglinton
Price: $1320/month
Amenities:
- Large balcony
- Brand new elevators
- Free storage lockers on-site
- 24/7 laundry facilities
- Heat and A/C included, hydro is extra
- Outdoor and indoor parking available
Available: March 1st
1 Bedroom Apartment At Davenport And Caledonia
Price: $1475/month
Amenities:
- 1 bedroom with brand new kitchen and floors
- New stainless steel appliances included
- Private ensuite laundry unit
- Large bedroom with walk-in closet
- All utilities included (wifi can be included)
- Separate side entrance
1 Bedroom Basement Apartment In Richmond Hill
Price: $1200/month
Amenities:
- Brand new spacious basement apartment
- Separate entrance
- Private washer and dryer
- Parking spot included
- Utilities included
Available: Now
1 Bedroom Luxury Waterfront Condo
Price: $1600/month
Amenities:
- Balcony with view of waterfront
- 6 appliances included
- Indoor and outdoor pools, tennis court, fitness centre, basketball hoop, party room and more included in building
- Walking distance to Bloor Village neighbourhood
Available: January 15th
1 Bedroom Basement Apartment In Etobicoke
Price: $1595/month
Amenities:
- Private entrance to apartment
- Stone fireplace, flat screen TV and furniture included
- Stainless steel appliances
- Recently remodelled bathroom
- Rent includes cable, internet, water, hydro/electricity and private laundry
Available: Now
Bachelor Apartment In The Annex
Price: $1450/month
Amenities:
- Fully furnished apartment
- Kitchen fully stocked and equipped
- Hydro, heating and internet is included
- Steps from Casa Loma and George Brown College
Available: February 1st
2 Bedroom Apartment In Vaughn
Price: $1350/month
Amenities:
- 2 bedroom basement apartment
- Stainless steel appliances and granite counters
- All utilities included plus internet
- One parking spot available
- Minutes away from Highway 400
Available: March 1st
Studio Apartment In Downtown
Prie: $1650/month
Amenities:
- Located in the heart of Downtown Toronto
- Indoor pool, outdoor hot tub, lounge, gym, party room and much more in building
- All appliances included
Available: February 19th
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1 Bedroom Apartment In The Junction
Price: $1350/month
Amenities:
- 2nd floor, 1 bedroom apartment
- Steps to Dufferin or Dovercourt stations
- All utilities included
Available: Now
1 Bedroom Apartment In The Beaches
Price: $1250/month
Amenities:
- Fully renovated lower level apartment
- Within walking distance of Woodbine station
- Private washer and dryer
- Separate entrance and private porch
Available: Now
1 Bedroom Loft Apartment On Wellington West
Price: $1259/month
Amenities:
- 1 bedroom and 1 bathroom loft conversion
- 2 stories
- Heart of King West district
- Walk-in closet in bedroom
- Private patio with BBQ
- Includes one outdoor parking spot
Available: Now
1 Bedroom Apartment At The Waterfront
Price: $1258/month
Amenities:
- 1 bedroom and den apartment
- Large balcony
- Swimming pool, basketball court, bowling alley, gym, tennis court, party room and massive BBQ area available in building
- Steps from financial and entertainment districts
Available: Now
1 Bedroom Basement Apartment At Danforth And Coxwell
Price: $1100/month
Amenities:
- 5 minute walk to Coxwell station
- Private laundry in apartment
- Hydro not included
- Street parking available
Available: February 1st
1 Bedroom Apartment In Birch Cliff
Price: $1100/month
Amenities:
- Lower level 1bedroom apartment
- Close to buses and subway
- Close to the beach and Beaches area
Available: January 15th
1 Bedroom Condo In Downtown Core
Price: $1700/month
Amenities:
- Available furnished
- Contact for more details
1 Bedroom Apartment In Liberty Village
Price: $1700/month
Amenities:
- Comes with a locker for extra storage
- Indoor pool, steam room, jacuzzi, movie theatre, fitness centre, party room and BBQs available in building
- All appliances included
Available: February 1st