
Cheap Studio Apartments for Rent in Toronto, ON from $1,045 (396 Rentals) Page 5 of 8


Genesis Place

7-9 Homewood Ave

St David's Village

The Esplanade

330 Hopewell Ave

958 Eglinton Ave E

243 Eglinton Ave W

The Esplanade

11 Yorkville Avenue

Park Vista Apartments

The Esplanade

Trefann Court

Regent Park North

898 Eglinton Ave E

130 Cosburn Ave

Beverley Manor

The Green Apartments

190 Cosburn Ave

841-869 Millwood Rd

40 Lambton Ave

Wilkeele Apartments

Village Park Apartments

52 Thorncliffe Park Dr

2520 Bloor St W

Jameson Apartments

12 Buttonwood Ave

Lakeshore

641 Vaughan Road

2393 Queen St E

Robina Suites

Total Monthly Price
2449 Queen St E

Truman St Clair

2808 KEELE APARTMENTS

Grange Apartments

675 Roselawn Ave

330 Avenue Rd

326 Avenue Rd

342 Avenue Rd

340 Avenue Rd

65 Keewatin Ave

Campbell Lofts

Wellesley Parliament Square Apartments

Wellesley Parliament Square

Regal Court

Gerrard Suites

Mimico Estates

440 Eglinton

44 Huntley St

252 Sherbourne
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 | $2,050 | $1,045 | $7,264 |
| Toronto 1 Bedroom Apartments | $2,528 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,263 | $1,350 | $10,000+ |
| Toronto 3 Bedroom Apartments | $4,078 | $1,569 | $10,000+ |
| Toronto 4 Bedroom Apartments | $5,413 | $1,019 | $10,000+ |
| Toronto 5 Bedroom Apartments | $14,610 | $1,000 | $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 $1,350.
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

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.

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.