Cheap Studio Apartments for Rent in Toronto, ON from $1,045 (396 Rentals) Page 4 of 8

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Commonwealth Towers
Rent Specials
$1,737
Total Monthly Price

Total Monthly Price

Base Rent
$1,737 - $3,447

Total Monthly Price
$1,737 - $3,447
Studio Apartments Available Now

Commonwealth Towers

40-60 Pleasant BlvdToronto, ON M4T 1J9
Eco-Friendly
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property at 270 Sheldon Ave

$1,750 - $2,795

Studio Rentals

Available Now

Sheldon Towers

270 Sheldon Ave
TorontoONM8W 4M1
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Redpath Towers
Rent Specials
$1,775
Total Monthly Price

Total Monthly Price

Base Rent
$1,700 - $2,525

Total Monthly Price
$1,700 - $2,525
Studio Apartments Available Now

Redpath Towers

95 Redpath AveToronto, ON M4S 2K1
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Victoria Village Towers
Rent Specials
$1,799
Total Monthly Price

Total Monthly Price

Base Rent
$1,799 - $3,849

Total Monthly Price
$1,799 - $3,849
Studio Apartments Contact Us For Availability

Victoria Village Towers

1704 Victoria Park AveToronto, ON M1R 1R5
Student Housing
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20 Samuel Wood
$1,805 - $1,930
Total Monthly Price

Total Monthly Price

Base Rent
$1,805 - $3,030

Total Monthly Price
$1,805 - $3,030
Studio Apartments Available Now

20 Samuel Wood

20 Samuel Wood WayToronto, ON M9B 0C8
Corporate Housing
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One32
Rent Specials
$1,850 - $1,870
Total Monthly Price

Total Monthly Price

Base Rent
$1,850 - $3,085

Total Monthly Price
$1,850 - $3,085
Studio Apartments Available Now

One32

132 Berkeley StToronto, ON M5A 0H6
Student Housing
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property at 172 Humbercrest Blvd

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

Studio, 1.5 Bath Home for Rent

Available Jul 1

172 Humbercrest Blvd

TorontoONM6S 4L3
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The Quay - Tower III
Rent Specials
$1,857 - $2,007
Total Monthly Price

Total Monthly Price

Base Rent
$1,857 - $3,677

Total Monthly Price
$1,857 - $3,677
Studio Apartments Available Now

The Quay - Tower III

370 Queens Quay WToronto, ON M5V 3J3
Student Housing
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Montgomery Mills
Rent Specials
$1,870
Total Monthly Price

Total Monthly Price

Base Rent
$1,870 - $2,700

Total Monthly Price
$1,870 - $2,700
Studio Apartments Available Now

Montgomery Mills

24 Mabelle AveToronto, ON M9A 4X6
Student Housing
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Bridge
Rent Specials
$1,895 - $2,195
Total Monthly Price

Total Monthly Price

Base Rent
$1,895 - $5,395

Total Monthly Price
$1,895 - $5,395
Studio Apartments Available Now

Bridge

1060 Eastern AvToronto, ON M4L 0B8
Student Housing
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property at 1216 York Mills Rd

$1,895 - $2,390

Studio Rentals

Available Now

Don View Towers

1216 York Mills Rd
TorontoONM3A 1Y6
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2550 Kingston
$1,900
Total Monthly Price

Total Monthly Price

Base Rent
$1,900 - $3,250

Total Monthly Price
$1,900 - $3,250
Studio Apartments Contact Us For Availability

2550 Kingston

2550 Kingston RdToronto, ON M1M 1L9
Affordability
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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

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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.

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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.

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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.