Toronto · Budget
Toronto apartments under $3,000/month
Under $3,000 puts you in 1-beds and 2-beds in nearly every US student neighborhood — including high-cost markets like Cambridge, Manhattan, and Palo Alto. The neighborhoods below in Toronto fit this budget.
Best neighborhoods under $3,000/month in Toronto
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
Universities in Toronto
Frequently asked questions
Can I really find apartments under $3,000/month in Toronto?
Yes — 3 of our covered Toronto neighborhoods have units under $3,000/month, especially The Annex, Harbord Village, Kensington Market.
Will I need a roommate to stay under $3,000/month in Toronto?
Often yes — sharing a 2-bed is the most reliable way to stay under $3,000/month in Toronto without sacrificing safety or commute.