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$1,045 - $1,099Studio Apartments Available Now
Bradley Court
280 Dundas St EToronto, ON M5A 3W1
Cheap Studio Apartments for Rent in Toronto, ON from $995 (391 Rentals)
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$1,150 - $1,200Studio Apartments Available Now
Bradley Courts
266 Sherbourne StToronto, ON M5A 2A2
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$1,250 - $1,650Studio Apartments Available Now
York Mills
2275 Victoria Park AveToronto, ON M1R 1W4
101-103 Spadina Rd
TorontoONM5R 2T1
612 Mortimer Ave
TorontoONM4C 2J7
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$1,299
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,299
Total Monthly Price
$1,299
256-262 Sherbourne St.
256 Sherbourne StToronto, ON M5A 2A2
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$1,300
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
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$1,300 - $2,300
Total Monthly Price
$1,300 - $2,300
440 Winona Drive
440 Winona DrToronto, ON M6E 3P9
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$1,350
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
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$1,350 - $2,100
Total Monthly Price
$1,350 - $2,100
1011 Lansdowne Ave Apartments
1011 Lansdowne AveToronto, ON M6H 4G1
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$1,365 - $1,460Studio Apartments Contact Us For Availability
Yonge Eglinton Apartments
460 Eglinton Ave EToronto, ON M4P 1M3
57 Cowan Ave
TorontoONM6K 2N1
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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Rent Specials
$1,399 - $1,649Studio Apartments Available Now
Mid-Town Apartments
137 Isabella StToronto, ON M4Y 1P2
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Rent Specials
$1,400
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
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$1,400 - $2,100
Total Monthly Price
$1,400 - $2,100
15 Bater Ave
15 Bater AveToronto, ON M4K 2S4
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$1,400 - $1,950
Total Monthly Price
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$1,400 - $2,800
Total Monthly Price
$1,400 - $2,800
22 Oakmount
22 Oakmount RdToronto, ON M6P 2M7
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$1,400
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
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$1,400 - $2,300
Total Monthly Price
$1,400 - $2,300
Bel Manor Apartments
145 Jameson AveToronto, ON M6K 2X4
249 Logan Ave
TorontoONM4M 2N2
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$1,400 - $1,500
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
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$1,400 - $2,195
Total Monthly Price
$1,400 - $2,195
Terrace Wood
45 Driftwood AveToronto, ON M3N 2M4
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$1,415 - $1,735Studio Apartments Available Now
Park Terraces North & South
3000 Yonge StToronto, ON M4N 2K5
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$1,420Studio Apartments Available Now
Islington Apartments
148 Islington AveToronto, ON M8V 3B6
Islington Apartments
148 Islington Ave
TorontoONM8V 3B6
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$1,429 - $1,809Studio Apartments Available Now
Crescent Town
7-11 Crescent PlToronto, ON M4C 5C4
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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Rent Specials
$1,439Studio Apartments Available Now
103 & 105 West Lodge
103-105 W Lodge AveToronto, ON M6K 2T7
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$1,450Studio Apartments Available Now
The Citadel
701 Don Mills RdToronto, ON M3C 1R7
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Rent Specials
$1,450 - $1,550
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$1,450 - $2,950
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Varies
260 Wellesley St E
260 Wellesley St EToronto, ON M4X 1R2
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$1,450 - $1,650
Total Monthly Price
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$1,450 - $2,500
Total Monthly Price
$1,450 - $2,500
WELLINGTON APARTMENTS
437 Jarvis StToronto, ON M4Y 2H1
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$1,450 - $1,700
Total Monthly Price
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$1,450 - $2,550
Total Monthly Price
$1,450 - $2,550
The Imperial
130 Jameson AveToronto, ON M6K 2X4
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$1,470Studio Apartments Available Now
Havenbrook Towers
75 Havenbrook BlvdToronto, ON M2J 1A8
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$1,475 - $1,600Studio Apartments Available Now
200 Roehampton
200 Roehampton AvToronto, ON M4R 1R8
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$1,485 - $1,765Studio Apartments Contact Us For Availability
680 Roselawn Avenue
680 Roselawn AveToronto, ON M5N 1L3
214 Wellesley St E
TorontoONM4X 1G2
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Mimico Estates
2527 Lake Shore Blvd W
TorontoONM8V 1E6
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$1,495Studio Apartments Contact Us For Availability
Collegiate Court
481 Vaughan RdToronto, ON M6C 2P4
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$1,495Studio Apartments Available Now
Suncrest Court
236 Vaughan RdToronto, ON M6C 2N1
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$1,495Studio Apartments Contact Us For Availability
Upper Canada Apartments 165
165 Erskine AveToronto, ON M4P 2A1
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$1,500
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
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$1,500 - $1,695
Total Monthly Price
$1,500 - $1,695
Six Points Suites | 40 Trethewey Dr
40 Trethewey DrToronto, ON M6M 4B1
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$1,500Studio Apartments Available Now
657 Balliol
657 Balliol StToronto, ON M4S 1E1
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$1,500 - $1,650
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$1,500 - $2,750
Total Monthly Price
$1,500 - $2,750
Shorecrest Apartments
35 Spencer AveToronto, ON M6K 1G8
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$1,500Studio Apartments Contact Us For Availability
Goodwood Apartments
100-108 Goodwood Park CtToronto, ON M4C 5C4
2903 St Clair Ave E
TorontoONM4B 1N5
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.
140 Springhurst Ave
TorontoONM6K 1C1
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$1,525 - $1,725Studio Apartments Available Now
Cambridge Place Apartments
30 Denton AveToronto, ON M1L 4P2
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$1,525 - $1,689Studio Apartments Available Sep 1
The Sheldrake
1 Homewood AvToronto, ON M4Y 2J8
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$1,539 - $1,789Studio Apartments Available Now
The Crossways
2340-2360 Dundas St WToronto, ON M6P 4A9
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$1,549
Total Monthly Price
Studio Apartments Available Oct 1Total Monthly Price
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$1,549 - $1,799
Total Monthly Price
$1,549 - $1,799
Princeton Apartments
183 Berry RdToronto, ON M8Y 1W5
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$1,550 - $2,199
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Studio Apartments Available NowTotal Monthly Price
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$1,550 - $2,659
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$1,550 - $2,659
2837 Yonge Street
2837 Yonge StToronto, ON M4N 2J6
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$1,550
Total Monthly Price
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$1,550 - $2,129
Total Monthly Price
$1,550 - $2,129
Doversquare Apartments
730 Dovercourt RdToronto, ON M6H 2W9
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$1,550 - $1,700Studio Apartments Contact Us For Availability
Castlegate Apartments
39-45 Parkcrest DrToronto, ON M1M 3S6
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$1,550 - $1,599Studio Apartments Available Now
550 Jarvis St
550 Jarvis StToronto, ON M4Y 2H9
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$1,550Studio Apartments Available Now
2355 Lake Shore Blvd W
2355 Lake Shore Blvd WToronto, ON M8V 1B7
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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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 | $1,909 | $995 | $8,290 |
| Toronto 1 Bedroom Apartments | $2,374 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,159 | $1,550 | $10,000+ |
| Toronto 3 Bedroom Apartments | $4,078 | $1,569 | $10,000+ |
| Toronto 4 Bedroom Apartments | $4,433 | $1,119 | $8,642 |
| Toronto 5 Bedroom Apartments | $16,752 | $8,900 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Toronto
See all Apartments in TorontoExplore Toronto
Toronto, ON Local Guide
- Toronto Neighborhoods
- Nearby Cities
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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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Toronto, ON Rentals by Map
See the most popular apartments and homes in Toronto, ON
Toronto, ON Area Reviews
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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 Bradley Court which is listed at $1,099, while the average apartment in Toronto costs $2,538.
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 3,096 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 $1,173 which is $1,365 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.