
Cheap Studio Apartments for Rent in Toronto, ON from $1,045 (396 Rentals) Page 2 of 8


Castlegate Apartments

2355 Lake Shore Blvd W

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East York Apartments

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The Summit

Park Terraces North & South

4750 Bathurst Street

The Maitlands

77 Davisville

Northshore Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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470 Sentinel Road

1 Marquette Avenue

Oriole Apartments

Village Green

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Huntley Apartments

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565 Sherbourne St

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545 & 555 Sherbourne

Cambridge Place Apartments

Chatsworth Apartments

117 Old Forest Hill Road
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

267 St. George Street

Glencairn Garden Apartments

2701 EGLINTON AVE W

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1 Springhurst Ave

1065 Eglinton

Park Willow Developments

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2837 Yonge Street

70 Spadina Road

Lawrence Park Apartments
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.

Cedarwood Suites

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Northwoods Village

250 St George St

710 Spadina Av

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The Latimer Apartments

96 Isabella The Arms Apartments

1765 & 1775 Weston Rd Apartments

Residences of Rose Park

135 Isabella St

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100 Alexander Street
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.

Dunfield and Holly Towers

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29 Upper Canada Drive

2890 St Clair Ave E

Sherwood Apartments

Wellesley Apartments

Wellesley Apartments

Park Vista Apartments

Davisville Village

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Biggin Court Apartments

Hopewell Court
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.
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 | $2,050 | $1,045 | $7,264 |
| Toronto 1 Bedroom Apartments | $2,528 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,263 | $1,350 | $10,000+ |
| Toronto 3 Bedroom Apartments | $4,078 | $1,569 | $10,000+ |
| Toronto 4 Bedroom Apartments | $5,413 | $1,019 | $10,000+ |
| Toronto 5 Bedroom Apartments | $14,610 | $1,000 | $10,000+ |
Explore 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 $1,350.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is 7-9 Homewood Ave which is listed at $1,025, while the average apartment in Toronto costs $5,748.
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 3,002 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 $1,177 which is $4,571 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

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.

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.
