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

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Commonwealth Towers
Rent Specials
$1,697 - $1,997
Total Monthly Price

Total Monthly Price

Base Rent
$1,697 - $3,497

Total Monthly Price
$1,697 - $3,497
Studio Apartments Available Now

Commonwealth Towers

40-60 Pleasant BlvdToronto, ON M4T 1J9
Eco-Friendly
  • Verified
  • Utilities Included
  • 3D Tour
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The Sheldrake
Rent Specials
$1,699
Total Monthly Price

Total Monthly Price

Base Rent
$1,699 - $1,749

Total Monthly Price
$1,699 - $1,749
Studio Apartments Available Now

The Sheldrake

1 Homewood AvToronto, ON M4Y 2J8
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour
property at 132 Bellefair Av

$1,699

Total Monthly Price

Total Monthly Price

Base Rent
$1,699

Total Monthly Price
$1,699

Studio, 1 Bath Home for Rent

Available Apr 1

132 Bellefair Av

TorontoONM4L 3T9
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Doversquare Apartments
Rent Specials
$1,749 - $1,929
Total Monthly Price

Total Monthly Price

Base Rent
$1,749 - $2,749

Total Monthly Price
$1,749 - $2,749
Studio Apartments Available Now

Doversquare Apartments

730 Dovercourt RdToronto, ON M6H 2W9
Student Housing
  • Verified
  • Utilities Included
  • Smoke Free
property at 48 Isabella St

$1,650 - $2,100

Studio Rentals

Available Now

48 Isabella St

TorontoONM4Y 1N2
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Shoreline Towers
Rent Specials
$1,757
Total Monthly Price

Total Monthly Price

Base Rent
$1,757 - $2,697

Total Monthly Price
$1,757 - $2,697
Studio Apartments Available Now

Shoreline Towers

2313-2323 Lakeshore Blvd WToronto, ON M8V 1B4
Student Housing
  • Verified
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2700 Bathurst Street
Rent Specials
$1,757
Total Monthly Price

Total Monthly Price

Base Rent
$1,757 - $2,397

Total Monthly Price
$1,757 - $2,397
Studio Apartments Available Now

2700 Bathurst Street

2700 Bathurst StToronto, ON M6B 2Z7
Affordability
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  • Utilities Included
  • Smoke Free
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45 Balliol Street
Rent Specials
$1,785 - $1,850
Total Monthly Price

Total Monthly Price

Base Rent
$1,785 - $2,500

Total Monthly Price
$1,785 - $2,500
Studio Apartments Available Mar 31

45 Balliol Street

45 Balliol StToronto, ON M4S 1C3
Affordability
  • Verified
  • Utilities Included
  • 3D Tour
property at 30 Tuxedo Ct

$1,795 - $2,295

Studio Rentals

Available Now

30 Tuxedo Ct

TorontoONM1G 3S8
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85 Lowther Avenue
Rent Specials
$1,797
Total Monthly Price

Total Monthly Price

Base Rent
$1,797 - $2,097

Total Monthly Price
$1,797 - $2,097
Studio Apartments Available Apr 1

85 Lowther Avenue

85 Lowther AveToronto, ON M5S 2E5
Student Housing
  • Verified
  • Utilities Included
  • Smoke Free
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The Britt
Rent Specials
$1,820 - $2,225
Total Monthly Price

Total Monthly Price

Base Rent
$1,820 - $4,650

Total Monthly Price
$1,820 - $4,650
Studio Apartments Available Now

The Britt

31 Phipps StToronto, ON M4Y 0E5
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour

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 $1,495.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.