Cheap Student Apartments for Rent in Toronto, ON from $700 (102 Rentals)

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Student Housing Options in Toronto.

Cheap Apartments in Toronto.

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

Total Monthly Price

Base Rent
$1,300 - $2,300

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

440 Winona Drive

440 Winona DrToronto, ON M6E 3P9
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The Pacific
Rent Specials
$1,347 - $5,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,347 - $5,300

Total Monthly Price
$1,347 - $5,300
1 to 3 Bedroom Apartments Available Now

The Pacific

2946 Dundas St WToronto, ON M6P 1Y8
Student Housing
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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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WELLINGTON APARTMENTS
Rent Specials
$1,450 - $2,500
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Total Monthly Price

Base Rent
$1,450 - $2,500

Total Monthly Price
$1,450 - $2,500
Studio to 2 Bedroom Apartments Available Now

WELLINGTON APARTMENTS

437 Jarvis StToronto, ON M4Y 2H1
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Clearview on the Park
Rent Specials
$1,450 - $2,050
Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $2,050

Total Monthly Price
$1,450 - $2,050
Studio to 2 Bedroom Apartments Available Now

Clearview on the Park

31 Clearview HtsToronto, ON M6M 2A2
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The Imperial
$1,450 - $2,550
Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $2,550

Total Monthly Price
$1,450 - $2,550
Studio to 2 Bedroom Apartments Available Now

The Imperial

130 Jameson AveToronto, ON M6K 2X4
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Ava Manor
Rent Specials
$1,499 - $3,457
Total Monthly Price

Total Monthly Price

Base Rent
$1,499 - $3,457

Total Monthly Price
$1,499 - $3,457
Studio to 3 Bedroom Apartments Available Now

Ava Manor

1862 Bathurst StToronto, ON M5P 3K8
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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
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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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Shorecrest Apartments
$1,500 - $2,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,750

Total Monthly Price
$1,500 - $2,750
Studio to 3 Bedroom Apartments Available Now

Shorecrest Apartments

35 Spencer AveToronto, ON M6K 1G8
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The Summit
Rent Specials
$1,555 - $1,995
Total Monthly Price

Total Monthly Price

Base Rent
$1,555 - $1,995

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

The Summit

280 St George StToronto, ON M5R 2P7
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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
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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
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545 & 555 Sherbourne
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

545 & 555 Sherbourne

545 Sherbourne StToronto, ON M4X 1W6
Student Housing
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Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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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
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The Latimer Apartments
Rent Specials
$1,600 - $1,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $1,700

Total Monthly Price
$1,600 - $1,700
Studio to 1 Bedroom Apartments Available Now

The Latimer Apartments

560 Eglinton Ave WToronto, ON M5N 1B8
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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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100 Alexander Street
$1,600 - $2,449
Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $2,449

Total Monthly Price
$1,600 - $2,449
Studio to 2 Bedroom Apartments Contact Us For Availability

100 Alexander Street

100 Alexander StToronto, ON M4Y 1B7
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Doversquare Apartments
Rent Specials
$1,699 - $2,299
Total Monthly Price

Total Monthly Price

Base Rent
$1,699 - $2,299

Total Monthly Price
$1,699 - $2,299
Studio to 2 Bedroom Apartments Available Now

Doversquare Apartments

730 Dovercourt RdToronto, ON M6H 2W9
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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.

Toronto, ON Local Guide

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Location, Location, Location!

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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 $1,399.

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 $5,535.

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 3,198 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 $1,157 which is $4,378 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

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.