Cheap Apartments in Toronto Under $5000/mo

+25 spots available

Reduced FeeNew Listing*

Entire place in 5 Quarrington Lane - Northeast Midtown

2 Beds 2 Baths 700-799 sq ft

C$2,400, Rent

Avail. Jun 21, 2026

Reduced FeeNew Listing*

Entire place in 85 McMahon Drive - North York

3 Beds 2 Baths 900-999 sq ft

C$3,650, Rent

Avail. Jun 21, 2026

+2 spots available

Reduced FeeNew Listing*

Entire place in 352 Front Street - Downtown

2 Beds 1 Bath 700-799 sq ft

C$3,100, Rent

Avail. Jun 21, 2026

Reduced FeeNew Listing*

Entire place in 208 Queens Quay - Downtown

1 Bed 1 Bath 500-599 sq ft

C$2,150, Rent

Avail. Jul 1, 2026

Reduced FeeNew Listing*

Entire place in 146 Madison Avenue - Northwest Downtown

2 Beds 1 Bath 700-1100 sq ft

C$2,399, Rent

Avail. Jun 21, 2026

Reduced FeeNew Listing*

Entire place in 64 Niagara Street - Downtown

2 Beds 2 Baths 1000-1199 sq ft

C$4,600, Rent

Avail. Jul 1, 2026

+2 spots available

Reduced FeeNew Listing*

Entire place in 77 Harbour Square - Downtown

1 Bed 1 Bath 700-799 sq ft

C$3,050, Rent

Avail. Jul 1, 2026

Reduced FeeNew Listing*

Entire place in 9 Glenborough Park Crescent - West North York

5 Beds 3 Baths 1100-1500 sq ft

C$3,300, Rent

Avail. Jun 21, 2026

+1 spot available

Reduced FeeNew Listing*

Entire place in 75 Queens Wharf Road - Downtown

1 Bed 1 Bath 500-599 sq ft

C$2,300, Rent

Avail. Jun 21, 2026

Reduced FeeNew Listing*

Entire place in 12 Newton Drive - North York

4 Beds 2 Baths 700-1100 sq ft

C$3,825, Rent

Avail. Jun 21, 2026

Reduced FeeNew Listing*

Entire place in 8 Olympic Garden Drive - North York

2 Beds 2 Baths 800-899 sq ft

C$2,850, Rent

Avail. Jun 21, 2026

+1 spot available

Reduced FeeNew Listing*

Entire place in 608 Richmond Street - Downtown

1 Bed 1 Bath 0-499 sq ft

C$2,150, Rent

Avail. Jul 1, 2026

+9 spots available

Reduced FeeNew Listing*

Entire place in 5 Defries Street - East Downtown

2 Beds 2 Baths 600-699 sq ft

C$2,900, Rent

Avail. Jun 21, 2026

+1 spot available

Reduced FeeNew Listing*

Entire place in 188 Fairview Mall Drive - North York

Studio 1 Bath 0-499 sq ft

C$1,800, Rent

Avail. Jun 21, 2026

No photo

+6 spots available

Reduced FeeNew Listing*

Entire place in 1001 Bay Street - Downtown

2 Beds 2 Baths 800-899 sq ft

C$3,000, Rent

Avail. Jul 1, 2026

+2 spots available

Reduced FeeNew Listing*

Entire place in 120 Parliament Street - East Downtown

1 Bed 1 Bath 500-599 sq ft

C$2,050, Rent

Avail. Jul 1, 2026

+5 spots available

Reduced FeeNew Listing*

Entire place in 2020 Bathurst Street - West Midtown

1 Bed 1 Bath 0-499 sq ft

C$2,150, Rent

Avail. Jul 1, 2026

+1 spot available

Reduced FeeNew Listing*

Entire place in 50 Wellesley Street - East Downtown

1 Bed 1 Bath 0-499 sq ft

C$2,250, Rent

Avail. Jun 21, 2026

+14 spots available

Reduced FeeNew Listing*

Entire place in 50 Wellesley Street - East Downtown

2 Beds 1 Bath 500-599 sq ft

C$2,450, Rent

Avail. Jul 1, 2026

Reduced FeeNew Listing*

Entire place in 181 Wynford Drive - Northeast Midtown

1 Bed 1 Bath 600-699 sq ft

C$2,150, Rent

Avail. Jun 21, 2026

Affordable Rentals in Toronto Under $5000