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Home Where to live The Average Cost to Rent an Apartment Near Each Toronto Subway Station in 2021

The Average Cost to Rent an Apartment Near Each Toronto Subway Station in 2021

The subway is a practical, affordable, and eco-friendly way to get around, especially in cities like Toronto, where the cost of living is very high. When it comes to renting in Toronto, it’s no surprise that it’s expensive, especially near subway stations. Using the data found on Zumper, MovingWaldo, Canada’s #1 Moving Concierge, calculated the average cost of rent near each subway station in Toronto. To simplify your search even more, we’ve gathered the costs, and we’ve also included a short description of what it’s like to live near that subway station you’re looking to rent in. So, if you’re planning a move to Toronto and want to live near a subway station, keep reading.

Looking for an apartment near a subway station in Toronto?

Dundas West is the most affordable station to live nearby

Located near High Park North neighborhood, Dundas West is the most affordable station to live nearby with a price of $1356 on average for a 1 bedroom apartment. Considering that you have a great park, High Park, within a few minutes by walk, this definitely a place to have in mind if you enjoy nature.

Bay is the most expensive station to live nearby

It’s no surprise that a well situated neighborhood like Yorkville has the most expensive subway station to live nearby. If you like living in the city, Bay station has everything you would want nearby restaurants, bars & pubs, stores and much more. Of course that comes at an expensive price, on average a 1 bedroom apartment will cost you $2356.

Keele, Dundas West and High Park station are the most up and coming stations to live nearby

According to Five Walls, High Park area is one of the hottest up and coming neighborhood. Being located in this zone, Keele, Dundas West and High Park are the stations you should consider living close to when you are looking to rent an apartment. The modern and family-friendly neighbourhood is one to keep an eye on.

Edgeley

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Vaughan Metropolitan Centre	$1929	$2320
Highway 407	$1929	$2320

Living around Edgeley

Part of the Vaughan Metropolitan Centre, Edgely is an ever expanding area with many new condo developments. Edgely is home to one of the GTA’s 3 Ikeas and is also home to Niagara University in Ontario. Edgeley can be considered as the small-cale entertainment hub of Vaughan with its sports complexes, restaurants, and Dave and Buster’s location.

York University

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Pioneer Village	$1529	$2021
York University	$1529	$1971

Living around York University

If you truly want to enjoy the cultural diversity, living around York University is the best option. One can enjoy the scenic nature views, beautiful trails, and numerous shaded trees in Black Creek Parkland. The neighbourhood is also home to many iconic food places Bamiyan Kabob. Most importantly, the village area offers inexpensive rooms for rent.

York University Heights

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Finch West	$1516	$1910
Downsview Park	$1612	$2096

Living around York University Heights

Home to the main campus of world-renowned York University, York University Heights hosts many immigrant communities, including Chinese and Italian. The private residential framework is based on semi-detached and detached bungalows and townhouses. The area has recently seen a bit of development, giving it some high and low-rise apartments and condos.

Clanton Park

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Sheppard West	$1702	$2223
Wilson	$1624	$2048

Living around Clanton Park

Clanton Park is a major political neighbourhood in Toronto as it is a part of provincial and federal electoral district York Centre. The Downsview Airport borders it on the west and Sheppard Avenue on the north. You can find Highway 401 for commuting on the south, and on the east, you see Bathurst Street. You will find an abundance of parks in the area.

Lawrence Manor

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Yorkdale	$1704	$1869
Lawrence West	$1588	$1865
Glencairn	$1522	$2263

Living around Lawrence Manor

Home to the Lawrence Plaza, Lawrence Manor consists of several residential low-rise apartments and single homes. You will find several retail store lines on the west side of the neighbourhood. The wealthier part of Lawrence Manor is considered to be the area east of Bathurst and Yonge Streets.

Belgravia

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Eglinton West	$1625	$2541

Living around Belgravia

Belgravia is known for its rolling hills and steep climbing streets. There are also many landmarks in the area, including the main park, Fairbank Memorial Park, Fairbank Memorial Park Community Centre, Prospect Cemetery and Fairbank United Church. It also has several bus routes that connect the neighbourhood to other parts of the city.

Forest Hill South

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
St. Clair West	$1720	$2541

Living around Forest Hill South

Forest Hill South is one of the most central neighbourhoods in Toronto. Downtown Toronto is right beside Forest Hill South. Forest Hill South is a perfect place to live in with its lush greenery and easy access to business districts. Crossed by the Nordheimer Ravine, Forest Hill South fills up its northwestern portion with Sir Winston Churchill Park. You can even have a distant view of Lake Ontario from here.

The Annex

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Dupont	$1630	$2069
Spadina	$1953	$2241
St. George	$2130	$2419
Museum	$2158	$2983
Bathurst	$2013	$2438
St George	$1927	$2840

Living around The Annex

As the area that houses the staff and students at the University of Toronto, The Annex is a hub for creative and professional young adults. The eateries, pubs, old houses and leafy streets are easy on the student budget. However, many businesses have moved to the area recently. The main attractions in the area include Christie Pits Park and Casa Loma. If you truly want to enjoy architecture and art venues, The Annex is your place to live in.

Downtown Toronto

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Queen’s Park	$1837	$2393
St. Patrick	$1674	$20338
Osgoode	$1670	$2570
St. Andrew	$1786	$2790
Union	$2190	$2223
King	$2158	$2634
Queen	$1789	$2704

Living in Downtown Toronto

Downtown Toronto is known for its office blocks, shopping avenues and banks. While the convenience of living in the center is unmatched, the expense makes it quite hefty on the wallet. You will find an array of well-known places in the area, including bars and restaurants, The Air Canada Center, The Art Gallery of Ontario, Eaton Centre shopping mall and The CN Tower.

Downtown Yonge

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Dundas	$1740	$2469
College	$1801	$2221

Living around Downtown Yonge

Considered one of Toronto’s best entertainment and retail districts, Downtown Yonge is home to many businesses and nightlife locations. Tenants of commercial properties and owners of both residential and commercial properties in the area are all members of the Downtown Yonge Business Improvement Area Association.

Church and Wellesley

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Wellesley	$1712	$2425

Living around Church and Wellesley

Church and Wellesley is home to several LGBTQ+ communities and has tons of recreational places, including parks, community centres, restaurants, stores and bars. One can find houses from the Victorian times and apartments as old as from the late 19th and early 20th centuries. The yearly LGBTQ+ parade also takes place in the area.

Summerhill

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Bloor Yonge	$1806	$2776
Rosedale	$1880	$2830
Summerhill	$1814	$2188

Living around Summerhill

Filled with large and beautiful houses, Summerhill falls among the most affluent areas of Toronto. You can find a cozy restaurant, bars and boutiques in the area very easily. The Summerhill subway station is also home to one of the largest liquor stores in Toronto. All of this is complemented by the parks and tennis clubs in the area.

Deer Park

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
St.Clair	$1702	$2287

Living around Deer Park

Considered one of Toronto’s most well-off areas, Deer Park is home to several shops, cafes, and fancy restaurants. It is also home to numerous luxury condominium apartment buildings. Although it is a residential area, easy access to shopping and business districts like The Yonge and St. Clair make it a great place to live in.

Chaplin Estates

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Davisville	$2185	$2249
Eglinton	$1774	$2197

Living around Chaplin Estates

Situated near several railway lines and trails, Chaplin Estates is considered among the wealthiest neighbourhoods of Toronto. This neighbourhood covers the southwest part of Yonge and Eglinton. The Scenic Beltline Trail is situated at the southern boundary of the area.

Yonge and Lawrence

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Lawrence	$1548	$2113

Living around Yonge and Lawrence

Young and Lawrence provide a mixture of lush green parks, easy commuting facilities, trendy shops and top-rated schools. It might not have an abundance of shops, but being a part of midtown Toronto, it is a great place to raise a family. In summary, Yonge and Lawrence is a perfect blend of modern facilities and domestic bliss.

Hoggs Hollow

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
York Mills	$1650	$2154

Living around Hoggs Hollow

Named after the Hogg family, this residential neighbourhood is situated on the Don River Valley and is known for its infamous landmarks. Initially, Hoggs Hollow saw its first whiskey distillery and continues to be the home of many today. The first settlement in the area was by a Scottish family, so it continues to cater to immigrants’ needs, especially people from Scotland to this day.

Lansing

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Sheppard Yonge	$1714	$2515

Living around Lansing

Lansing finds its origins back in a post office’s minor settlement, a store, and some services. Today, it has become a residential neighbourhood in the central area of the North York district. It has Highway 401 on its south and touches Burnett Avenue from the north. Nearby the Earl Bales Park, it is a residential neighbourhood with facilities ranging from dental clinics to retirement homes.

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Willowdale

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
North York Centre	$1865	$2300
Finch	$1769	$2209

Living around Willowdale

Willowdale’s core is the North York City Center, where you can find high-rise commercial and residential developments. Willowdale has become one of Toronto’s hottest neighbourhoods owing to its world-class entertainment facilities that include a reputed Centre for the Performing Arts, a modern civic centre and an aquatic centre.

Islington-City Centre West

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Kipling	$1762	$2229
Islington	$1664	$2090

Living around Islington-City Centre West

Islington-City Centre West is known to be one of the important central business districts other than Downtown Toronto. It has both residential and commercial buildings making it a mix of both. It is also commonly known as Islington Village. You can find Rathburn Road on its north, and on the south, you can find Bloor Street. All in all, it’s an amazing neighbourhood to live in.

The Kingsway

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Royal York	$1630	$2000

Living around The Kingsway

One of Toronto’s wealthiest neighbourhoods, catering to residential needs, The Kingsway was initially known as Kingsway Park. You can find homes in the form of large stone mansions in the area. The prices are very high as the houses are top-notch both in terms of luxury and space.

Old Mill

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Old Mill	$1788	$2183

Living around Old Mill

With all amenities found in an event venue, Old Mill provides its people with a spa, restaurant and a boutique hotel. It is a perfect place for holding celebrations, weddings, conferences and business meetings. Afternoon tea is a tradition for restaurants in the area as well as dinner buffets and brunches on a Sunday.

Bloor West Village

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Jane	$1669	$2073
Runnymede	$1686	$2179

Living around Bloor West Village

Bloor West Village houses many colourful shops, offering the ambiance of a local village. The nights in the area are peaceful and relaxing. It is perfect for comfortable residential living away from the bustle of business districts. Bloor West Village has all facilities, including bars, schools, restaurants, supermarkets, cafes, and much more.

High Park North

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
High Park	$1637	$2127
Keele	$1608	$2317
Dundas West	$1356	$2849

Living around High Park North

High Park North provides a safe haven for those looking for a life away from the hustle and bustle of downtown. Designed strictly for residential living, you can find a mix of apartments and houses in the area. The streets are lined with green trees, including mature oaks and maples.

Bloordale Village

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Lansdowne	$1613	$2677
Dufferin	$1668	$2096

Living around Bloordale Village

This neighbourhood is a go-to place for families to settle in. Based around Bloor Street between the Lansdowne and Dufferin Streets, the area has all the necessary living facilities. The main attraction is Dufferin Mall which is home to a large Walmart and numerous clothing brand stores.

Christie Pits

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Ossington	$1779	$2450
Christie	$1744	$1989

Living around Christie Pits

Christie Pits reflects a vibrant, multicultural environment. Many immigrants reside here and spend their transitional time when they arrive in Toronto for the first time. People increasingly prefer Christie Pits’ life than moving to the suburbs, since it is affordable with good facilities.

Yorkville

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Bay	$2356	$3383
Bloor-Yonge	$1855	$2723

Living around Yorkville

Considered among the wealthiest areas of Toronto, Yorkville does have relatively affordable apartments for rent. However, it is mainly the area that attracts the famous and the rich due to an abundance of high-end fashion stores, including Prada and Gucci. You can come across many celebrities in the area during the Toronto International Film Festival.

St. James Town

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Sherbourne	$1690	$2367
Castle Frank	$1435	$1860

Living around St. JamesTown

St. James Town is known to be the home of many immigrants from China, the Philippines and South Asia. Residents are mostly families with school-aged kids. You can find community centers, schools and parks in the area, making it perfect for family living.

The Danforth

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Broadview	$1766	$2198
Chester	$1826	$2135
Pape	$1650	$2134
Donlands	$1657	$2161
Greenwood	$1613	$2378
Coxwell	$1791	$2428
Woodbine	$1460	$1709
Main Street	$1635	$1918

Living around The Danforth

Host to the annual “Taste of Danforth” festival, The Danforth is a perfect place for safe and family-oriented living. The bars are often filled with locals and provide a soothing environment. The neighbourhood starts from Don Valley Parkway’s east side. Overall, it is a close-knit, communal living space away from Toronto’s hustle and bustle.

Crescent Town

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Victoria Park	$1400	$1922

Living around Crescent Town

Located in the former borough of East York, Crescent Town has transits to both Danforth Avenue and Victoria Park Avenue. You will find high-rise apartment buildings in the area that were built initially to benefit from the nearby Victoria Park subway station. It connects the neighbourhood to a central quadrangle.

Clairlea - Birchmount

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Warden	$1630	$1843

Living around Clairlea - Birchmount

Located in the western part of Scarborough, very close to Victoria Park Avenue, Clairlea offers a wide variety of shopping centers and large retail developments. It is home to both the Don Valley Parkway and Warden station. You can find many of the shopping centers on Eglinton Avenue, once known as the Golden Mile of Industry in the area.

Longview

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Kennedy	$1908	$1968

Living around Longview

Longview is a quiet and peaceful neighbourhood in Toronto. It makes for a nice residential area for people who seek a comfortable living. Every day, there are several outdoor activities on the Oregon coast, Mt. St. Helens, Mt. Hood and Columbia Gorge. The nightlife is relaxing with a few bars, with music open for you to relax after a hectic day.

Dorset Park

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Lawrence East	$1739	$1909
Ellesmere	$1560	$1934
Midland	$1720	$2016

Living around Dorset Park

Bordering Highway 401, Dorset Park is home to many residents living in houses and apartments. There is even a communal space to practice gardening. It is known for its public schools, of which Dorset Public School is the most prominent. The Kennedy Road pierces it as it runs through the center of the neighbourhood.

Scarborough City Centre

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Scarborough Centre	$1800	$1939
McCowen	$1854	$1949

Living around Scarborough City Centre

Scarborough is home to many newcomers due to its relatively affordable rents. It has lots of public transit that connects you to the important areas of Toronto for work. You can visit the incredible Scarborough Bluffs and Toronto Zoo in the area.

Bayview Village

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Bayview	$1648	$1854
Bessarion	$1610	$2242
Leslie	$1675	$2255

Living around Bayview Village

Bayview Village is home to the North York General Hospital. The east boundary of the neighbourhood is regarded as the Don River. Bayview Village has many raised and executive ranch-style houses, Bayview Village Tennis Club, and a beautiful East Don Parklands park.

Don Valley Village

Cost of 1 bedroom & 2 bedroom

Subway Station	$ 1 Bedroom	$ 2 Bedroom
Don Mills	$1705	$1887

Living around Don Valley Village

Don Valley Village has a combination of parks, schools and roadways that connect you to the city. The two major public schools are Toronto District School Board (TDSB) and Toronto Catholic District School Board (TCDSB). Well-known parks include Linus Park, Hobart Park, Oriole Park and many more.

Conclusion

Living near a subway station can get expensive, but it does come with its benefits. With close proximity to a subway station comes close proximity to all the basic necessities and, of course, a shorter commute to work! Are you planning a move to Toronto? Check out the 5 best movers in Toronto.

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