UofT apartments under $1,500/month
If you're looking under $1,500 per month, you're looking at studios in mid-tier neighborhoods, sharing 2-beds, or living slightly farther from campus. Below are neighborhoods near University of Toronto that fit this budget.
Best neighborhoods under $1,500/month for UofT
The Annex
The Annex — Toronto's classic UofT neighbourhood. Bloor Street, Honest Ed's history, Subway Line 2.
$1,300 – $3,200/mo
Harbord Village
Harbord Village is south of the Annex — walk to UofT, Italian dining, quieter.
$1,200 – $2,900/mo
Kensington Market
Kensington Market is Toronto's most international neighbourhood — vibrant, walkable, walk to UofT.
$1,100 – $2,600/mo
Frequently asked questions
Can I really find apartments under $1,500/month near UofT?
Yes — there are real options under $1,500/month near UofT, especially in The Annex, Harbord Village, Kensington Market. We send 5–10 verified options within 24 hours.
Will I need a roommate to stay under $1,500/month at UofT?
Often yes — sharing a 2-bed with one roommate is the most reliable way to stay under $1,500/month near UofT without sacrificing safety or commute. We can help match you with a roommate.