Cheap Studio Apartments for Rent in Toronto, ON from $1,045 (319 Rentals) Page 3 of 7

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done
property at 103 Avenue Rd

103 Avenue Rd

TorontoONM5R 2G9
close
View Me
Genesis Place
Studio Apartments

Genesis Place

280 Gerrard St EToronto, ON M5A 2G4
close
View Me
St David's Village
Studio Apartments

St David's Village

1290 Danforth RdToronto, ON M1J 3L9
Senior Living
  • Utilities Included
close
View Me
The Esplanade
Studio Apartments

The Esplanade

140 The EsplanadeToronto, ON M5A 4P5
  • Utilities Included
close
View Me
330 Hopewell Ave
Studio Apartments

330 Hopewell Ave

330 Hopewell AveToronto, ON M6E 2S3
  • Utilities Included
close
View Me
The Esplanade
Studio Apartments

The Esplanade

171 Front StToronto, ON M5A 4H3
close
View Me
Trefann Court
Studio Apartments

Trefann Court

440-450 Queen St EToronto, ON M5A 1T7
close
View Me
The Esplanade
Studio Apartments

The Esplanade

176 The EsplanadeToronto, ON M5A 4H2
Showing Results 101-150, Page 3 of 7

Toronto, ON Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Dee • 4+ 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 $1,460.

What is the price of a cheap apartment in Toronto?

The cheapest apartment in Toronto is Bradley Court which is listed at $1,045, while the average apartment in Toronto costs $3,444.

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 1,160 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 $803 which is $2,641 cheaper than the average rent for all rentals in Toronto.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.