Cheap Student Apartments for Rent in Toronto, ON from $700 (99 Rentals)

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Student Housing Options in Toronto.

Cheap Apartments in Toronto.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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Clearview on the Park
Rent Specials
$1,500 - $2,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,000

Total Monthly Price
$1,500 - $2,000
Studio to 2 Bedroom Apartments Available Now

Clearview on the Park

31 Clearview HtsToronto, ON M6M 2A2
Student Housing
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30 Springhurst Ave
Rent Specials
$1,500 - $2,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,150

Total Monthly Price
$1,500 - $2,150
Studio to 1 Bedroom Apartments Available Now

30 Springhurst Ave

30 Springhurst AveToronto, ON M6K 1B3
Student Housing
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Doversquare Apartments
$1,550 - $2,749
Total Monthly Price

Total Monthly Price

Base Rent
$1,550 - $2,749

Total Monthly Price
$1,550 - $2,749
Studio to 2 Bedroom Apartments Available Now

Doversquare Apartments

730 Dovercourt RdToronto, ON M6H 2W9
Student Housing
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470 Sentinel Road
Rent Specials
$1,579 - $2,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,579 - $2,650

Total Monthly Price
$1,579 - $2,650
Studio to 3 Bedroom Apartments Contact Us For Availability

470 Sentinel Road

470 Sentinel RdToronto, ON M3J 1V6
Student Housing
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Ava Manor
Rent Specials
$1,581 - $3,457
Total Monthly Price

Total Monthly Price

Base Rent
$1,581 - $3,457

Total Monthly Price
$1,581 - $3,457
Studio to 3 Bedroom Apartments Available Now

Ava Manor

1862 Bathurst StToronto, ON M5P 3K8
Student Housing
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  • Utilities Included
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Huntley Apartments
Rent Specials
$1,590 - $2,580
Total Monthly Price

Total Monthly Price

Base Rent
$1,590 - $2,580

Total Monthly Price
$1,590 - $2,580
Studio to 2 Bedroom Apartments Available Now

Huntley Apartments

77 Huntley StToronto, ON M4Y 2L1
Student Housing
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Northwoods Village
Rent Specials
$1,599 - $2,649
Total Monthly Price

Total Monthly Price

Base Rent
$1,599 - $2,649

Total Monthly Price
$1,599 - $2,649
Studio to 4 Bedroom Apartments Available Now

Northwoods Village

32-51 Brookwell DrToronto, ON M3M 2Y1
Student Housing
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Shorecrest Apartments
$1,600 - $2,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $2,750

Total Monthly Price
$1,600 - $2,750
Studio to 3 Bedroom Apartments Available Now

Shorecrest Apartments

35 Spencer AveToronto, ON M6K 1G8
Student Housing
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100 Alexander Street
Rent Specials
$1,600 - $2,149
Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $2,149

Total Monthly Price
$1,600 - $2,149
Studio to 1 Bedroom Apartments Available Now

100 Alexander Street

100 Alexander StToronto, ON M4Y 1B7
Student Housing
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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440 Winona Drive
$1,600 - $2,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $2,300

Total Monthly Price
$1,600 - $2,300
Studio to 2 Bedroom Apartments Available Now

440 Winona Drive

440 Winona DrToronto, ON M6E 3P9
Student Housing
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545 & 555 Sherbourne
Rent Specials
$1,625 - $2,625
Total Monthly Price

Total Monthly Price

Base Rent
$1,625 - $2,625

Total Monthly Price
$1,625 - $2,625
Studio to 2 Bedroom Apartments Available Now

545 & 555 Sherbourne

545 Sherbourne StToronto, ON M4X 1W6
Student Housing
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Imperial
$1,670 - $2,550
Total Monthly Price

Total Monthly Price

Base Rent
$1,670 - $2,550

Total Monthly Price
$1,670 - $2,550
Studio to 2 Bedroom Apartments Available Now

The Imperial

130 Jameson AveToronto, ON M6K 2X4
Student Housing
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Willowridge Towers
Rent Specials
$1,750 - $2,900
Total Monthly Price

Total Monthly Price

Base Rent
$1,750 - $2,900

Total Monthly Price
$1,750 - $2,900
1 to 4 Bedroom Apartments Available Now

Willowridge Towers

10-22 Willowridge RdToronto, ON M9R 3Y9
Student Housing
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Deciding Between a Student Apartment or a Dorm?

If you have the option of living off campus in your own apartment...that is the sure fire way to go! Learn a few reasons why. Click below to read more.

Toronto, ON Local Guide

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Location, Location, Location!

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Dee4+ years in Toronto

February 25, 2025

30 years here ... its not impressive working people cant afford rent

Frequently Asked Questions about Cheap Toronto Apartments

What is a cheap apartment in Toronto?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Toronto is under $1,395.

What is the price of a cheap apartment in Toronto?

The cheapest apartment in Toronto is 2346 Weston which is listed at $1,387, while the average apartment in Toronto costs $4,360.

What types of apartments are the cheapest in Toronto?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3,422 regular apartments in Toronto that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Toronto?

Cheap apartments in Toronto have an average cost of $1,345 which is $3,015 cheaper than the average rent for all rentals in Toronto.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.