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Cheap Studio Apartments for Rent in Toronto, ON from $1,045 (336 Rentals) Page 6 of 7
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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 | $2,105 | $1,045 | $10,000+ |
| Toronto 1 Bedroom Apartments | $2,427 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,080 | $1,559 | $10,000+ |
| Toronto 3 Bedroom Apartments | $3,825 | $1,180 | $10,000+ |
| Toronto 4 Bedroom Apartments | $3,959 | $1,240 | $10,000+ |
| Toronto 5 Bedroom Apartments | $1,362 | $1,045 | $1,680 |
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Toronto, ON Area Reviews
Do you know the Toronto area?
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Write a ReviewDee • 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 $1,499.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is Mimico Estates which is listed at $1,395, while the average apartment in Toronto costs $3,321.
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 1,317 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 $865 which is $2,456 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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!