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

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done
close
View Me
Commonwealth Towers
$1,737 - $1,797
Total Monthly Price

Total Monthly Price

Base Rent
$1,737 - $3,497

Total Monthly Price
$1,737 - $3,497
Studio Apartments Available Now

Commonwealth Towers

40-60 Pleasant BlvdToronto, ON M4T 1J9
Eco-Friendly
  • Verified
  • Utilities Included
  • 3D Tour
property at 270 Sheldon Ave

$1,750 - $2,795

Studio Rentals

Available Now

Sheldon Towers

270 Sheldon Ave
TorontoONM8W 4M1
property at 103 Avenue Rd

$1,750 - $3,500

Studio Rentals

Available Now

103 Avenue Rd

TorontoONM5R 2G9
property at 30 Tuxedo Ct

$1,795 - $2,355

Studio Rentals

Available Now

30 Tuxedo Ct

TorontoONM1G 3S8
close
View Me
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
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
20 Samuel Wood
$1,805 - $1,870
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
  • Verified
  • 3D Tour
close
View Me
Mirvish Village
Rent Specials
$1,840 - $2,499
Total Monthly Price

Total Monthly Price

Base Rent
$1,840 - $5,500

Total Monthly Price
$1,840 - $5,500
Studio Apartments Available Now

Mirvish Village

748 Bathurst StToronto, ON M5S 0C7
Student Housing
  • Verified
  • 3D Tour
  • Smoke Free
close
View Me
30 Edith
$1,849 - $1,999
Total Monthly Price

Total Monthly Price

Base Rent
$1,849 - $2,929

Total Monthly Price
$1,849 - $2,929
Studio Apartments Available Now

30 Edith

30 Edith DrToronto, ON M4R 1Y8
Affordability
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
One32
Rent Specials
$1,850 - $1,925
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
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
Montgomery Mills
$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
  • Verified
  • Utilities Included
  • 3D Tour

Toronto, ON Area Reviews

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

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 $1,387.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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.