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

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The Summit
Rent Specials
$1,555 - $1,795
Total Monthly Price

Total Monthly Price

Base Rent
$1,555 - $1,995

Total Monthly Price
Varies
Studio Apartments Available Aug 15

The Summit

280 St George StToronto, ON M5R 2P7
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour

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
Rent Specials
$1,579 - $1,679
Total Monthly Price

Total Monthly Price

Base Rent
$1,579 - $2,650

Total Monthly Price
$1,579 - $2,650
Studio Apartments Contact Us For Availability

470 Sentinel Road

470 Sentinel RdToronto, ON M3J 1V6
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour
property at 1 Oriole Rd

$1,580 - $2,255

Studio Rentals

Available Now

Oriole Apartments

1 Oriole Rd
TorontoONM4V 2E7
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565 Sherbourne St
Rent Specials
$1,590
Total Monthly Price

Total Monthly Price

Base Rent
$1,590 - $3,400

Total Monthly Price
$1,590 - $3,400
Studio Apartments Available Now

565 Sherbourne St

565 Sherbourne StToronto, ON M4X 1W7
Affordability
  • Verified
  • Utilities Included
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545 & 555 Sherbourne
Rent Specials
$1,590
Total Monthly Price

Total Monthly Price

Base Rent
$1,590 - $2,580

Total Monthly Price
$1,590 - $2,580
Studio Apartments Available Now

545 & 555 Sherbourne

545 Sherbourne StToronto, ON M4X 1W6
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour

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.

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2837 Yonge Street
Rent Specials
$1,599 - $1,837
Total Monthly Price

Total Monthly Price

Base Rent
$1,599 - $2,799

Total Monthly Price
$1,599 - $2,799
Studio Apartments Available Now

2837 Yonge Street

2837 Yonge StToronto, ON M4N 2J6
Furnished
  • Verified
  • Utilities Included
  • Smoke Free

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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Northwoods Village
Rent Specials
$1,599
Total Monthly Price

Total Monthly Price

Base Rent
$1,599 - $2,649

Total Monthly Price
$1,599 - $2,649
Studio Apartments Contact Us For Availability

Northwoods Village

32-51 Brookwell DrToronto, ON M3M 2Y1
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour
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100 Alexander Street
$1,600 - $1,799
Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $2,449

Total Monthly Price
$1,600 - $2,449
Studio Apartments Contact Us For Availability

100 Alexander Street

100 Alexander StToronto, ON M4Y 1B7
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour

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.

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 Area Reviews

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Dee4+ years in Toronto

February 25, 2025

30 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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.