Studio Apartments for Rent in Toronto, ON (4,927 Rentals)

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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: August 25, 2025

There are currently 565 available Studio apartment units from neighborhoods all over Toronto, ON that range in price from C$1,045 to C$5,600. South Parkdale King West, Waterfront Communities The Island and Church Yonge Corridor 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
South Parkdale King West81C$2,475C$1,300
Waterfront Communities The Island75C$2,475C$1,799
Church Yonge Corridor36C$1,827C$1,045
Mount Pleasant East36C$1,800C$1,530
Mount Pleasant West33C$1,837C$1,577
Lawrence Park South27C$1,787C$1,577
Bay Street Corridor26C$1,952C$1,550
Moss Park Regent Park15C$1,822C$1,045
University Annex12C$1,850C$1,250
Banbury Don Mills York Mills11C$1,984C$1,600

Largest Available Toronto Studio Apartments

The largest available Studio apartment unit in Toronto, ON is found at Sherwood Apartments in the Cabbagetown S St James Town neighborhood and is 783 square feet priced from C$1,569. WATERLOO APARTMENTS has the second largest Studio, which is sized at 700 square feet and currently listed start at C$1,650. Here is today’s list of the largest available Studio units in Toronto:

Apartment ListingModel NameSquare FootagePriced From
Sherwood Apartments0 Bedroom(s) and 1 Bathroom(s)783 Sq FtC$1,569
WATERLOO APARTMENTSStudio, 1 Bathroom700 Sq FtC$1,650
77 Erskine AveBachelor700 Sq FtC$1,750
Faywood-Vinci CommunityStudio675 Sq FtC$1,900
Mimico Estates0 Beds, 1 Baths628 Sq FtC$1,610
Wellesley Apartments0 Beds, 1 Baths625 Sq FtC$1,750
Park Lane TerraceStudio, 1 bath600 Sq FtC$1,897
2701 Eglinton Ave W1 Bedroom415 Sq FtC$2,135

Cheapest Available Toronto Studio Apartments

As of August 25, 2025 the lowest priced Studio apartment unit in Toronto, ON is the Bachelor Model starting from C$1,045 at Bradley Court in the Church Yonge Corridor neighborhood. The second most affordable Toronto Studio is the Bachelor with Balcony Model at Bradley Courts starting at C$1,200 . The average price for all Studio apartments in Toronto is currently C$2,007. Here is today’s list of the cheapest available Studio options in Toronto:

Apartment ListingModel NamePriced From
Bradley CourtBachelorC$1,045
Bradley CourtsBachelor with BalconyC$1,200
103 Spadina RdPrivate RoomC$1,250
ORCABachelorC$1,477
30 Springhurst AveStudioC$1,500
1002 Lawrence Ave EBachelorC$1,500
25 MabelleBachelorC$1,500
WELLESLEY APARTMENTSStudio, 1 BathroomC$1,500
Maya Mews0 Bedroom(s) and 1 Bathroom(s)C$1,519
Wellesley Parliament SquareStudio, 1 bathC$1,525

Quick Rent Budget Calculator

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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!

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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 Bradley Court listed at C$1,045.

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

The average rent for a Studio Apartment in Toronto is C$2,007.

What is the largest available Studio Toronto Apartment for rent?

Today's apartment with the most square footage in Toronto is a 783 square feet unit starting from C$1,569 at Sherwood Apartments.

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

The average size for a Studio rental in Toronto is currently 1,434 sq ft.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.