Cheap Student Apartments for Rent in Toronto, ON from $700 (105 Rentals) Page 2 of 3
Student Housing Options in Toronto.
Cheap Apartments in Toronto.

Total Monthly Price
Bela Square

Birchmount Park Towers

Total Monthly Price
The Coronet

Total Monthly Price
Eighty-five on Wellesley

Total Monthly Price
Willowridge Towers

Shoreline Towers

Altair

The Livmore High Park

Davette Apartments
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.

85 Lowther Avenue

Total Monthly Price
Victoria Village Towers

Total Monthly Price
Elmpark Manor Apartments 1

Total Monthly Price
The Quay - Tower III

Sandalwood Manor

Total Monthly Price
Keele and Lawrence

697-701 Eglinton

Total Monthly Price
Academy Place

Total Monthly Price
88 Redpath Avenue
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.

135 Isabella St

2110 Keele Street

2 Dorado Ct

103 Spadina Rd

The Quad at York Phase 2

252 Sherbourne

Total Monthly Price
Cedarvale Residences

44 Huntley St

26 Gulliver Road

Toronto Furnished Living
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.

45 & 55 Oakmount Rd

Avant | Student Living

Highland Commons

345 Lonsdale

80 Guestville Ave

592-596 Church St & 67-71 Gloucester St

2369 Lake Shore Blvd W

2311 Lake Shore Blvd W

College Park

Total Monthly Price
Seeley Estates

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.

40 Gerrard Street East Apartments

The Westerham

2519 Lake Shore Blvd W

Total Monthly Price
Mapleview Residences

Total Monthly Price
Laurentia Apartments

44 Saranac Blvd

The Village

2170 Sherobee Road

Seville East & West

Equity Place
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.
Toronto, ON Local Guide
How much does it cost to rent an apartment in Toronto?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Toronto Studio Apartments | $1,907 | $1,045 | $8,112 |
| Toronto 1 Bedroom Apartments | $2,377 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,161 | $1,450 | $10,000+ |
| Toronto 3 Bedroom Apartments | $4,021 | $1,569 | $10,000+ |
| Toronto 4 Bedroom Apartments | $4,489 | $1,119 | $8,663 |
| Toronto 5 Bedroom Apartments | $13,438 | $9,230 | $10,000+ |
Browse Top Apartments in Toronto
See all Apartments in TorontoExplore Toronto
Toronto, ON Area Reviews
Dee • 4+ years in Toronto
February 25, 202530 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 $1,400.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is 90 Eastdale which is listed at $1,395, while the average apartment in Toronto costs $2,553.
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 2,866 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 $1,148 which is $1,405 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

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.

