What is the average rent for a 1-bedroom apartment in Bay Street Corridor, Toronto, ON?

One-bedroom apartments in Bay Street Corridor average around $2,600 per month in 2025, down 1.2% from the previous year. These units typically offer around 538 sqft of living space.

What is the average rent for a 2-bedroom apartment in Bay Street Corridor, Toronto, ON?

Two-bedroom apartments in Bay Street Corridor rent for around $3,500 per month in 2025, representing a 2.7% decline from 2024. These apartments average around 799 sqft in size.

What is the average rent for a 3-bedroom apartment in Bay Street Corridor, Toronto, ON?

Three-bedroom apartments in Bay Street Corridor average around $5,000 per month in 2025, down 2.8% from the previous year. These larger units typically provide around 1,058 sqft of living space.

How much does it cost to rent an apartment in Bay Street Corridor, Toronto, ON?

Bay Street Corridor's rental market averaged around $2,900 per month across all property types in 2025, down 4.8% year over year. Studios offer the most affordable option at around $2,200 monthly, while three-bedrooms reach around $5,000 per month.

What is the average apartment size in Bay Street Corridor, Toronto, ON?

Apartments in Bay Street Corridor average around 671 sqft across all unit types. Studios are the most compact at around 396 sqft, while three-bedroom units offer the most space at around 1,058 sqft.

What type of apartment is most common in Bay Street Corridor, Toronto, ON?

One-bedroom apartments are the most common rental type in Bay Street Corridor, with about 93 listings available monthly. Two-bedroom units follow closely with about 82 listings per month.

What type of apartment is least common in Bay Street Corridor, Toronto, ON?

Three-bedroom apartments have the lowest availability in Bay Street Corridor, with about 21 listings per month. Studios are also relatively uncommon, averaging about 22 listings monthly.

Cheap Apartments for Rent in Bay Street Corridor, Toronto, ON

25 rentals

433-435 Sherbourne Street-Warrington Apartments - Photo 1 of 1

2d ago

8.8

Very good

433-435 Sherbourne Street-Warrington Apartments

433 Sherbourne St, Toronto, ON M4X 1K5

Affordable | On-site laundry | Garage parking

Studio–1 bed

1 bath

$1,450–$1,700

Apartment for rent

Top amenities

Air Conditioning

Hardwood Floor

On-Site Laundry

On-Site Management

2d ago

8.8

Very good

120 Maitland Street

120 Maitland St, Toronto, ON M4Y 1E1

Affordable | On-site laundry | Storage

Studio–1 bed

1 bath

$1,450–$1,700

Apartment for rent

Top amenities

Hardwood Floor

On-Site Laundry

On-Site Management

Rent special

1h ago

9.1

Excellent

320-342 Avenue Road

342 320-342 Avenue Road, Toronto, ON M4V 2H4

Affordable | Garage parking | Dishwasher

Studio–1 bed

1 bath

$1,650–$1,942

Apartment for rent

Available Jun 29

Top amenities

Hardwood Floor

Rent special

9h ago

8.8

Very good

145 St. George Street

145 St. George St, Toronto, ON M5R 2M1

Affordable | On-site laundry | Garage parking

Studio–1 bed

1 bath

$1,697–$1,897

Apartment for rent

Top amenities

Elevator

Garage Parking

Hardwood Floor

On-Site Laundry

On-Site Management

Wheelchair Accessible

200-222 Elm Street - Elm Place - Photo 1 of 1

Rent special

1d ago

9.1

Excellent

200-222 Elm Street - Elm Place

222 Apartment Building, Toronto, ON M5T 1K5

Affordable | On-site laundry | On-site management

Studio–2 beds

1–2 baths

$1,699–$3,150

Apartment for rent

Available Oct 31

Top amenities

On-Site Laundry

On-Site Management

Rent special

2d ago

8.8

Very good

The Cottingham Manor

291 Avenue Rd, Toronto, ON M4V 2G9

Affordable | On-site laundry | Garage parking

Studio–1 bed

1 bath

$1,700–$2,255

Apartment for rent

Top amenities

Central Heat

Elevator

Garage Parking

On-Site Laundry

On-Site Management

Storage

Nearby rental good for eco-living

$1,975–$4,180

Bay Street Corridor

Nearby rental good for pet owners

$2,700

100 Queen Street West #903

Rent special

1d ago

Excellent

Verified

Gerrard Residences

40 Gerrard St E, Toronto, ON M5B 2E8

Affordable | On-site laundry | Storage

Studio–1 bed

1 bath

$1,869–$2,249

Apartment for rent

Top amenities

Air Conditioning

Hardwood Floor

On-Site Laundry

On-Site Management

Storage

Wheelchair Accessible

Rent special

18h ago

Excellent

Verified

30-50 Hillsboro Avenue

50 Ramsden Place Apts., Toronto, ON M5R 1S8

Affordable | On-site laundry | Garage parking

Studio–1 bed

1 bath

$1,897–$2,197

Apartment for rent

Top amenities

Elevator

Garage Parking

Hardwood Floor

On-Site Laundry

On-Site Management

Storage

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Rent special

3D tour

10h ago

9.1

Excellent

Velocity at the Square

252 Victoria St, Toronto, ON M5B 1V8

Affordable | In-unit laundry | Garage parking

Studio–2 beds

1–2 baths

$1,900–$3,250

Apartment for rent

Available Jun 1

Top amenities

Controlled Access

Dishwasher

Elevator

Hardwood Floor

On-Site Laundry

Storage

Rent special

14h ago

Excellent

Verified

Motion

570 Bay St, Toronto, ON M5G 0B2

Affordable | In-unit laundry | Dishwasher

Studio–3 beds

1–2 baths

$1,975–$4,180

Apartment for rent

Top amenities

Central Heat

Controlled Access

Dishwasher

Elevator

In-Unit Laundry

On-Site Laundry

Find sweet deals near Bay Street Corridor

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$3,985–$4,955

Niagara

$1,999–$2,249

Garden District

$1,700

Cabbagetown

$1,450

The Village

Rent special

New construction

1d ago

Excellent

Toronto House

225 Adelaide St W, Toronto, ON M5H 0A7

Affordable | In-unit laundry | Garage parking

Studio–3 beds

1–2 baths

$1,995–$3,825

Apartment for rent

Top amenities

Central Heat

Dishwasher

Garage Parking

On-Site Laundry

On-Site Management

Swimming Pool

Rent special

9h ago

8.8

Very good

1101 Bay

1101 Bay St, Toronto, ON M5S 2W8

Affordable | On-site laundry | Garage parking

Studio–2 beds

1 bath

$1,999–$3,450

Apartment for rent

Top amenities

Fitness Center

Hardwood Floor

On-Site Laundry

On-Site Management

Storage

Wheelchair Accessible

Rent special

5d+ ago

9.1

Excellent

The Britt

31 Phipps St, Toronto, ON M4Y 0E5

Affordable | On-site laundry | Garage parking

Studio–2 beds

1 bath

$1,999–$3,990

Apartment for rent

Available Jan 31

Top amenities

Air Conditioning

Assigned Parking

On-Site Laundry

On-Site Management

Residents Lounge

Swimming Pool

Rent special

18h ago

8.5

Very good

561 Sherbourne

561 Sherbourne St, Toronto, ON M4X 0A1

Affordable | On-site laundry | Garage parking

1–3 beds

1–2 baths

$2,000–$3,700

Apartment for rent

Top amenities

Concierge Service

Dishwasher

Fitness Center

On-Site Management

Storage

Wheelchair Accessible

Rent special

18h ago

8.8

Very good

350-390 Queens Quay West

390 Apartment Building, Toronto, ON M5V 3A6

Affordable | On-site laundry | Dishwasher

1–3 beds

1 bath

$2,057–$3,797

Price drop

Apartment for rent

Top amenities

Business Center

Central Heat

Concierge Service

Controlled Access

On-Site Laundry

On-Site Management

Rent special

New construction

14h ago

Excellent

the 203 RESIDENCES

203 Jarvis St, Toronto, ON M5B 0E7

Affordable | In-unit laundry | Garage parking

Studio–3 beds

1–2 baths

$2,100–$4,095

Apartment for rent

Top amenities

Concierge Service

Controlled Access

Elevator

Garage Parking

In-Unit Laundry

On-Site Laundry

Rent special

3D tour

19h ago

Excellent

Verified

39 Niagara

39 Niagara St, Toronto, ON M5V 0T6

Affordable | In-unit laundry | Garage parking

Studio–3 beds

1–2 baths

$2,118–$5,165

Apartment for rent

Top amenities

Air Conditioning

EV Charging

In-Unit Laundry

On-Site Laundry

Residents Lounge

Storage

6h ago

Excellent

Verified

Maddox Cabbagetown

201 Apartment Bldg., Toronto, ON M5A 3X2

Affordable | On-site laundry | Garage parking

1–2 beds

1 bath

$2,120–$3,045

Apartment for rent

Top amenities

Central Heat

Controlled Access

Fitness Center

On-Site Laundry

Residents Lounge

Wheelchair Accessible

Rent special

New construction

10h ago

Excellent

Verified

West House

88 Bathurst St, Toronto, ON M5V 0W8

Affordable | In-unit laundry | Garage parking

Studio–3 beds

1–2 baths

$2,181–$6,740

Apartment for rent

Top amenities

Air Conditioning

Business Center

Dishwasher

Fitness Center

Garage Parking

Residents Lounge

Rent special

New construction

5d+ ago

Excellent

Verified

370 Queens Quay West

370 Queens Quay W, Toronto, ON M5V 0X6

Affordable | On-site laundry | Dishwasher

1–3 beds

1–3 baths

$2,257–$3,677

Apartment for rent

Top amenities

Air Conditioning

Business Center

Central Heat

Dishwasher

On-Site Laundry

Swimming Pool

Rent special

3D tour

16h ago

9.1

Excellent

44 Charles West

44 Charles St W, Toronto, ON M4Y 1R7

Affordable | On-site laundry | Garage parking

Studio–2 beds

1–2 baths

$2,375–$7,295

Apartment for rent

Top amenities

Central Heat

Elevator

On-Site Laundry

On-Site Management

Residents Lounge

Swimming Pool

5h ago

9.7

Excellent

Verified

Elm-Ledbury

30 Mutual St, Toronto, ON M5B 0E4

Affordable | In-unit laundry | Garage parking

Studio–3 beds

1–2 baths

$2,480–$5,820

Apartment for rent

Available Jul 1

Top amenities

Air Conditioning

Elevator

Garage Parking

On-Site Management

Residents Lounge

Wheelchair Accessible

Rent special

1d ago

8.5

Very good

Gerrard West

99 & 99 Gerrard Street West, Toronto, ON M5G 0C4

Affordable | In-unit laundry | Garage parking

1–3 beds

1–2 baths

$2,495–$5,300

Apartment for rent

Top amenities

Dishwasher

Elevator

In-Unit Laundry

On-Site Laundry

On-Site Management

Residents Lounge

10 Graphophone Grove #1412 - Photo 1 of 1

1d ago

Verified

10 Graphophone Grove #1412, Toronto, ON M6H 0E5

Affordable | In-unit laundry | Garage parking

2 beds

2 baths

$2,595

Apartment for rent

Available May 12

Top amenities

Garage Parking

In-Unit Laundry

Microwave

On-Site Laundry

On-Site Management

100 Queen Street West #903 - Photo 1 of 1

5d+ ago

Cheap Bay Street Corridor condo for rent in Toronto

100 Queen Street West #903, Toronto, ON M5H 2N2

Affordable | In-unit laundry | Dishwasher

2 beds

2 baths

$2,700

Condo for rent

Available Apr 20

Top amenities

Air Conditioning

Concierge Service

Controlled Access

Elevator

In-Unit Laundry

On-Site Management

Showing 1 - 25 of 25 results

Home > Apartments in Toronto > Bay Street Corridor > Bay Street Corridor Cheap Apartments For Rent

Updated: May 14, 2026

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