Studio Apartments for Rent in Toronto, ON (4,900 Rentals)

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Toronto, ON Local Guide

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Toronto Studio Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: January 11, 2026

There are currently 584 available Studio apartment units from neighborhoods all over Toronto, ON that range in price from $1,045 to $6,963. Waterfront Communities The Island, South Parkdale King West and Mount Pleasant East are the neighborhoods that currently have the most Studio availability. Here is today's list of the top neighborhoods in Toronto with the most available Studio apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
Waterfront Communities The Island56$2,570$1,799
South Parkdale King West52$2,457$1,439
Mount Pleasant East48$1,790$1,530
Mount Pleasant West45$1,799$1,555
Lawrence Park South40$1,750$1,555
Church Yonge Corridor34$1,830$1,045
Bay Street Corridor27$1,925$1,599
University Annex16$1,850$1,450
Moss Park Regent Park14$1,962$1,045
Moore Park13$1,795$1,155

Largest Available Toronto Studio Apartments

The largest available Studio apartment unit in Toronto, ON is found at Mimico Estates in the Mimico neighborhood and is 1,109 square feet priced from $1,395. Bay Mills in the LAmoreaux Steeles Milliken neighborhood has the second largest Studio, which is sized at 720 square feet and currently listed start at $1,885. Here is today’s list of the largest available Studio units in Toronto:

Apartment ListingModel NameSquare FootagePriced From
Mimico Estates0 Beds, 1 Baths1,109 Sq Ft$1,395
Bay Mills0 Beds, 1 Baths720 Sq Ft$1,885
Faywood-Vinci CommunityStudio675 Sq Ft$1,750
2461 Queen St EStudio/Bachelor600 Sq Ft$1,700
34 Heydon Park RdBachelor*516 Sq Ft$1,705
2701 Eglinton Ave W1 Bedroom429 Sq Ft$2,050
Mirvish VillageStudio404 Sq Ft$1,940

Cheapest Available Toronto Studio Apartments

As of January 11, 2026 the lowest priced Studio apartment unit in Toronto, ON is the Bachelor Model starting from $1,155 at 80 St. Clair East in the Moore Park neighborhood. The second most affordable Toronto Studio is the 0 Beds, 1 Baths Model at Mimico Estates starting at $1,395 in the Mimico neighborhood. The average price for all Studio apartments in Toronto is currently $1,928. Here is today’s list of the cheapest available Studio options in Toronto:

Apartment ListingModel NamePriced From
80 St. Clair EastBachelor$1,155
Mimico Estates0 Beds, 1 Baths$1,395
Dundonald ArmsBachelor$1,400
Marina View ApartmentsBachelor$1,400
2808 KEELE APARTMENTSStudio, 1 Bathroom$1,400
Goodwood ApartmentsBachelor$1,400
Islington Apartments0 Beds, 1 Baths$1,420
391 Sherbourne StreetBachelor*$1,438
103 & 105 West Lodge0 Bedroom(s) and 1 Bathroom(s)$1,439
Serena CourtBachelor$1,499

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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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Toronto Overview

Toronto is a fantastic place to call home. With thousands of available rentals all over the city, find your perfect new place with ease!

Why live in Toronto, ON?

There are a number of reasons that folks living in apartments in Toronto, and people in general, enjoy living in Toronto. It is a true melting pot of cultures, it has a variety of beautiful green spaces and entertainment options, and its a good place to get a job. Citizens of Toronto also enjoy a high quality of life, excellent health care and education prospects, and a high-octane public transportation system to get from A to B. If you enjoy that bustling big-city feel, Toronto is probably for you.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Toronto, ON Rentals by Map

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See the most popular apartments and homes in Toronto, ON

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Toronto, ON Area Reviews

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Dee • 4+ years in Toronto

February 25, 2025

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

Frequently Asked Questions about Studio Toronto Apartments

What is the Cheapest apartment in Toronto with Studio?

Currently the most affordable Studio in Toronto is at 80 St. Clair East listed at $1,155.

How much is the average rent for a Studio Toronto Apartment?

The average rent for a Studio Apartment in Toronto is $1,928.

What is the largest available Studio Toronto Apartment for rent?

Today's apartment with the most square footage in Toronto is a 1,109 square feet unit starting from $1,395 at Mimico Estates.

What is the average size for Toronto Studio Apartments for rent?

The average size for a Studio rental in Toronto is currently 400 sq ft.

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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!