
Cheap Studio Apartments for Rent in Toronto, ON from $1,045 (369 Rentals) Page 3 of 8


Total Monthly Price
Commonwealth Towers

21 Welsford Gdns

Parkdale Apartment Nominee 1 Inc.

Total Monthly Price
The Sheldrake

132 Bellefair Av

2837 Yonge Street

Highland Commons

224 St George St

11 Maryport Ave

Davick Court

100 Roehampton Ave

177 St. George Street

Lord Dufferin Apartments

25 St. Mary Street

15 Eastwood Rd

310-312 LONSDALE RD

Total Monthly Price
Doversquare Apartments

The Maples

220 Redpath Ave

29 Upper Canada Drive

Faywood-Vinci Community

48 Isabella St

Total Monthly Price
Shoreline Towers

Total Monthly Price
2700 Bathurst Street

299 Glenlake (Toronto) Limited

College Park

Total Monthly Price
45 Balliol Street

214 St George St

Tippett Park

30 Tuxedo Ct

270 Sheldon Ave

650 Eglinton Avenue West

Total Monthly Price
85 Lowther Avenue

77 Mutual St

Total Monthly Price
Victoria Village Towers

225 Davisville Avenue

Total Monthly Price
2460-2500 Keele Street

60 Gloucester St

20 Prince Arthur Ave

153 St George St

Broadview Mansions

The Torontonian

Total Monthly Price
The Britt
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 | $1,990 | $1,045 | $10,000+ |
| Toronto 1 Bedroom Apartments | $2,429 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,229 | $950 | $10,000+ |
| Toronto 3 Bedroom Apartments | $4,208 | $1,569 | $10,000+ |
| Toronto 4 Bedroom Apartments | $6,516 | $1,384 | $10,000+ |
| Toronto 5 Bedroom Apartments | $24,045 | $10,000 | $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 $1,495.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is 80 St. Clair East which is listed at $1,140, while the average apartment in Toronto costs $4,917.
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 2,740 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 $1,273 which is $3,644 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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.





