
Cheap Studio Apartments for Rent in Toronto, ON from $995 (391 Rentals) Page 5 of 8


St David's Village

Sherbourne Complex

The Esplanade

330 Hopewell Ave

958 Eglinton Ave E

243 Eglinton Ave W

1002 Lawrence Ave East

The Esplanade

Terra Nova Senior Citizens Building

11 Yorkville Avenue

Park Vista Apartments

Trefann Court

The Esplanade

Regent Park North

898 Eglinton Ave E

Beverley Manor

The Green Apartments

841-869 Millwood Rd

Wilkeele Apartments

Village Park Apartments

52 Thorncliffe Park Dr

2520 Bloor St W

Lakeshore

12 Buttonwood Ave

Jameson Apartments

641 Vaughan Road

425 Avenue Rd

Total Monthly Price
2449 Queen St E

2393 Queen St E

Robina Suites

2808 KEELE APARTMENTS

675 Roselawn Ave

342 Avenue Rd

326 Avenue Rd

340 Avenue Rd

330 Avenue Rd

440 Eglinton

Regal Court

Campbell Lofts

Gerrard Suites

Wellesley Parliament Square Apartments

Wellesley Parliament Square

660 Briar Hill

915 St Clair Ave W

69 Gamble Av

Mimico Estates

44 Huntley St

3110-3112 Yonge St

Vermont Apartments
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 | $1,909 | $995 | $8,290 |
| Toronto 1 Bedroom Apartments | $2,374 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,159 | $1,550 | $10,000+ |
| Toronto 3 Bedroom Apartments | $4,078 | $1,569 | $10,000+ |
| Toronto 4 Bedroom Apartments | $4,433 | $1,119 | $8,642 |
| Toronto 5 Bedroom Apartments | $16,752 | $8,900 | $10,000+ |
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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 $1,400.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is Bradley Court which is listed at $1,099, while the average apartment in Toronto costs $2,538.
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 3,096 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 $1,173 which is $1,365 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

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.

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.

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.