Find and compare great deals on Budget rental cars in Toronto
Same drop-off
Driver's age: 26-65
Budget car rental deals in Toronto, Ontario
Find your perfect rental car on momondo
Small Cars
C$ 57 - C$ 229
All Car Types
C$ 87 - C$ 201
The best time to rent a Small car from Budget in Toronto, Ontario is in September when prices are C$ 57 per day on average. C$ 57 per day is 54% lower than the C$ 123 average yearly price for a Budget Small rental in Toronto. While September may be the cheapest month to rent a Small car from Budget in Toronto, August is the most expensive. However, you may still be able to find great deals in August on Small rental vehicles from Budget depending on what day you book.
The best time to rent a Medium car from Budget in Toronto, Ontario is in July when prices are C$ 55 per day on average. C$ 55 per day is 50% lower than the C$ 110 average yearly price for a Budget Medium rental in Toronto. While July may be the cheapest month to rent a Medium car from Budget in Toronto, February is the most expensive. However, you may still be able to find great deals in February on Medium rental vehicles from Budget depending on what day you book.
The best time to rent a Large car from Budget in Toronto, Ontario is in November when prices are C$ 64 per day on average. C$ 64 per day is 51% lower than the C$ 130 average yearly price for a Budget Large rental in Toronto. While November may be the cheapest month to rent a Large car from Budget in Toronto, July is the most expensive. However, you may still be able to find great deals in July on Large rental vehicles from Budget depending on what day you book.
The best time to rent a SUV car from Budget in Toronto, Ontario is in November when prices are C$ 72 per day on average. C$ 72 per day is 48% lower than the C$ 138 average yearly price for a Budget SUV rental in Toronto. While November may be the cheapest month to rent a SUV car from Budget in Toronto, July is the most expensive. However, you may still be able to find great deals in July on SUV rental vehicles from Budget depending on what day you book.
The best time to rent a Van car from Budget in Toronto, Ontario is in February when prices are C$ 86 per day on average. C$ 86 per day is 37% lower than the C$ 137 average yearly price for a Budget Van rental in Toronto. While February may be the cheapest month to rent a Van car from Budget in Toronto, August is the most expensive. However, you may still be able to find great deals in August on Van rental vehicles from Budget depending on what day you book.
The best time to rent a Luxury car from Budget in Toronto, Ontario is in January when prices are C$ 49 per day on average. C$ 49 per day is 67% lower than the C$ 147 average yearly price for a Budget Luxury rental in Toronto. While January may be the cheapest month to rent a Luxury car from Budget in Toronto, July is the most expensive. However, you may still be able to find great deals in July on Luxury rental vehicles from Budget depending on what day you book.
It was not clear that my rental was not for anyone under 25. I could not go forward with the rental. Some kind of pop-up or more explicit warning would be helpful in the future.
10.0
Wonderful|Feb 2023
Owen at the front desk was super helpful and upgraded me for a great price!
6.0
Okay|Nov 2022
Confusing set up, difficult to return vehicle. Missing info. Not impressed Why you gave us a BMW SUV instead of intermediate KIA vehicle causing us to pay higher fuel costs wasn't appreciated. Not pleasant experience.
10.0
Wonderful|Jul 2022
Price is too high
10.0
Wonderful|Jul 2022
It was an easy and seamless one day travel experience.
1 out of 9
Budget Locations in Toronto
Information about Budget car rentals in Toronto
Does Budget have a location at Toronto Pearson Intl Airport?
Yes, there is 1 car rental location for Budget at Toronto Pearson Intl Airport (5990 Airport Road).
Does Budget offer free car rental cancellation in Toronto?
There are free rental car cancellations available from Budget in Toronto. Keep in mind that there might be a cancellation fee if you cancel your rental car last-minute. Click here to find a list of phone numbers under the Locations tab if you’d like to learn more about Budget cancellation policies.
What is the most popular car to rent from Budget while in Toronto in October?
Consider Intermediate rentals from Budget if you need a car rental in Toronto during October. When renting Intermediate cars in October, you can expect prices to be an average of C$ 100 per day and as low as C$ 33 per day. Keep in mind that there are also other types of rental cars available from Budget—Intermediate vehicles just happen to be the most popular amongst our users during this time of year.
What is the cheapest type of car to rent from Budget in Toronto?
The cheapest type of car Budget has to offer in Toronto is the Intermediate at C$ 100 per day on average. C$ 100 per day is 64% cheaper than the most expensive car available at Budget, so you end up saving some money by choosing a more affordable option. 48% of momondo users who rented a car in Toronto from Budget chose the Intermediate, often because of the cost savings.
How many Budget car rental locations are there in Toronto?
In Toronto, Budget has 14 locations. 161a Bay Street is the address of the car rental company’s most popular location (based on our user data). In the past 12 months, 29% of momondo users who reserved a rental car in Toronto from Budget went to the 161a Bay Street location.
When did momondo last update prices for cars in Toronto?
Prices for cars in Toronto were last updated today.
How many operators does momondo search for cars in Toronto?
As of September 2025, there are 190 operators available to choose from for cars in Toronto.
How old do you have to be to hire a car in Toronto?
The minimum age for drivers varies by country, including Toronto. In numerous EU countries, drivers must be 18 years old. To rent a car overseas, you'll generally need to be at least 21, and if you're under 25, a young driver surcharge may be applied. We advise that you read the policy of your chosen rental company before making a reservation.
What documentation or ID do you need to rent a car in Toronto?
To rent a car in Toronto, all drivers must present a valid full driving license. If the license is written in a language other than the language of the country of rental, an International Driving Permit may be required to avoid the risk of potential fines. If you're renting a car abroad, you may also need to provide evidence of your return travel and accommodation information during your stay. We always recommend that you verify with the specific rental company you're booking with.
An easier way to manage your Toronto trip
We make it super easy to schedule, organize and travel with friends or family. Trips is free — and available to use no matter where you book.
momondo and its partners wish to use cookies or similar technologies to store and/or access information on and about your device and process personal data such as your IP address, device identifiers etc., in order to improve your experience on the site, to analyze navigation, to offer and measure personalized advertising, and to facilitate sharing on social networks. We also allow the use of third-party cookies (including those from our advertising partners) on our sites.
By clicking 'Accept', you consent to your data being processed by 0 vendors on this web site for the purposes described in this notice. You can review the vendors and their individual processing purposes on the .
To review individual processing purposes and cookie categories, please click ’Select individual purposes’. You can review and update your choices anytime by clicking the ’Privacy Preferences’ link in the page side navigation.