
Cheap Studio Apartments for Rent in Toronto, ON from $1,045 (395 Rentals) Page 6 of 8


252 Sherbourne

WELLESLEY APARTMENTS

1 Clarendon Ave

Davette Apartments

1002 Lawrence Ave East

116 Spencer Ave

2 Treewood Street

2903 St Clair Ave E

2260 Weston

660 Briar Hill

425 Avenue Rd

Roselawn Manor

233 Sorauren Ave

56 Thorncliffe Park Dr

20 Tuxedo Court

3110-3112 Yonge St

Hillsdale Manor

Davisville Tower

655 Briar Hill Avenue

2255 Weston Rd

1215 Bathurst Street

40 Fountainhead

115 Tyndall Ave

1 Fountainhead Rd

35 Fountainhead

Park Vista Apartments

Pleasant Manor

1911 Bayview Ave

Maya Mews

40 Delisle Apartments

300 Eglinton Ave E

48 Isabella St Apartments

Bloor Yonge Tower

The Lakeside - 91 James

657 Balliol

42 Thorncliffe Park

Total Monthly Price
Erskine Heights

185 Cosburn Ave

Residences at Sixty Three

Vermont Apartments

95 Pembroke St

Davisville Village Apartments

111 Cosburn Avenue

Davisville Village

Eastwood Manor

Victoria Park

Thorncliffe Park Apartments

320-342 Avenue Road

433 WARRINGTON 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 | $1,938 | $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.