Cheap Apartments in Toronto Under $5000/mo

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Entire place in 8 Mercer Street - Downtown

3 Beds 2 Baths 1000-1199 sq ft

C$4,000, Rent

Avail. Jun 20, 2026

+5 spots available

Entire place in 138 Downes Street - East Downtown

1 Bed 1 Bath 0-499 sq ft

C$2,300, Rent

Avail. Jun 20, 2026

+1 spot available

Entire place in 319 Jarvis Street - East Downtown

Studio 1 Bath 0-499 sq ft

C$1,750, Rent

Avail. Jun 20, 2026

Entire place in 42 Charles Street - East Downtown

Studio 1 Bath 0-499 sq ft

C$2,000, Rent

Avail. Jun 20, 2026

Entire place in 11 Wingreen Court - Northeast Midtown

1 Bed 1 Bath < 700 sq ft

C$1,750, Rent

Avail. Jun 20, 2026

+2 spots available

Entire place in 181 Wynford Drive - Northeast Midtown

2 Beds 2 Baths 900-999 sq ft

C$2,900, Rent

Avail. Jul 1, 2026

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Entire place in 89 Mccaul Street - Downtown

1 Bed 1 Bath 600-699 sq ft

C$2,200, Rent

Avail. Jun 20, 2026

+1 spot available

Entire place in 2885 Bayview Avenue - North York

Studio 1 Bath 500-599 sq ft

C$1,900, Rent

Avail. Jul 1, 2026

+2 spots available

Entire place in 50 Ordnance Street - Downtown

2 Beds 2 Baths 700-799 sq ft

C$3,100, Rent

Avail. Jul 1, 2026

Entire place in 35 Parliament Street - East Downtown

1 Bed 1 Bath 500-599 sq ft

C$1,999, Rent

Avail. Jun 20, 2026

+1 spot available

Entire place in 11 Charlotte Street - Downtown

1 Bed 1 Bath 500-599 sq ft

C$2,595, Rent

Avail. Jun 20, 2026

+9 spots available

Entire place in 6 Sonic Way - Northeast Downtown

2 Beds 2 Baths 700-799 sq ft

C$2,700, Rent

Avail. Aug 1, 2026

+13 spots available

Entire place in 45 Charles Street - East Downtown

2 Beds 2 Baths 700-799 sq ft

C$3,350, Rent

Avail. Jun 20, 2026

Entire place in 150 Farnham Avenue - Northwest Downtown

2 Beds 1 Bath 900-999 sq ft

C$3,275, Rent

Avail. Jun 20, 2026

+1 spot available

Entire place in 180 Fairview Mall Drive - North York

1 Bed 1 Bath 0-499 sq ft

C$1,900, Rent

Avail. Jun 20, 2026

+22 spots available

Entire place in 252 Church Street - East Downtown

2 Beds 1 Bath 500-599 sq ft

C$2,400, Rent

Avail. Jul 1, 2026

+1 spot available

Entire place in 168 Old Sheppard Avenue - North York

3 Beds 1 Bath 1100-1500 sq ft

C$1,900, Rent

Avail. Jun 20, 2026

+6 spots available

Entire place in 20 Edward Street - Downtown

2 Beds 1 Bath 0-499 sq ft

C$2,350, Rent

Avail. Jun 20, 2026

No photo

+2 spots available

Entire place in 3 Rean Drive - North York

2 Beds 2 Baths 700-799 sq ft

C$2,550, Rent

Avail. Jul 1, 2026

+2 spots available

Entire place in 50 Ordnance Street - Downtown

2 Beds 2 Baths 700-799 sq ft

C$2,950, Rent

Avail. Jun 20, 2026

Affordable Rentals in Toronto Under $5000