
Cheap Studio Apartments for Rent in Toronto, ON from $1,045 (395 Rentals) Page 4 of 8


Lord Dufferin Apartments

25 St. Mary Street

15 Eastwood Rd

The Maples

220 Redpath Ave

15 Hubbard Blvd

Station House on Bloor

29 Upper Canada Drive

45 Balliol Street

Faywood-Vinci Community

Sheldon Towers

103 Avenue Rd

20 Prince Arthur Ave

710 Spadina Ave.

250 St George St

Village Green

2700 Bathurst Street

Shoreline Towers

31 Phipps Street

299 Glenlake (Toronto) Limited

The Torontonian

Broadview Mansions

14-22 Tichester Rd

160 Balmoral Ave

30 Tuxedo Ct

650 Eglinton Avenue West

Total Monthly Price
Victoria Village Towers

77 Mutual St

2460-2500 Keele Street

153 St George St

Total Monthly Price
20 Samuel Wood

Liberty House

Total Monthly Price
Mirvish Village

Total Monthly Price
High Park Village

Total Monthly Price
30 Edith

Total Monthly Price
One32

The Fleetwood

225 Davisville Avenue

149 St George St

Ramsden Place

5249 Dundas Street W

Total Monthly Price
Montgomery Mills

Richelieu

The Livmore High Park
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 | $1,938 | $1,045 | $8,486 |
| Toronto 1 Bedroom Apartments | $2,460 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,222 | $900 | $10,000+ |
| Toronto 3 Bedroom Apartments | $4,092 | $1,569 | $10,000+ |
| Toronto 4 Bedroom Apartments | $5,079 | $1,384 | $10,000+ |
| Toronto 5 Bedroom Apartments | $19,393 | $8,639 | $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 $1,387.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is 7-9 Homewood Ave which is listed at $749, while the average apartment in Toronto costs $5,848.
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 3,414 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 $1,316 which is $4,532 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.




