MMyHomeversity

Toronto · UofT · Budget

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.

Browse other filters

Studio1-bed2-bed3-bedunder $1,500/monthunder $2,000/monthunder $2,500/monthunder $3,000/month

Get matched with verified apartments

Tell us a bit about you — we'll send 5–10 vetted options within 24 hours.