
Cheap Studio Apartments for Rent in Toronto, ON from $1,045 (396 Rentals) Page 7 of 8


Islington Towers

The Belvedere

45 & 55 Oakmount Rd

2356 EGLINTON AVENUE EAST

110 Jameson Ave

433 WARRINGTON APARTMENTS

Nashville Lofts

765 Browns Line

WATERLOO APARTMENTS

Cosburn Apartments

Total Monthly Price
Hampton House North

165 Cosburn Avenue

Berkshire Place

191 St George St

Jane Exbury Towers

Jane Oaks Apartments

Total Monthly Price
Hampton House South

Parkview Terrace Apartments

166 Carlton Street

26 Albert Avenue

4 Greentree Court

214 St George St

153 St. George

Davick Court

485 Eglinton Ave E

44 Saranac Blvd

170 Sentinel Rd

3240 Bathurst St

2461 Queen St E

775 Ossington Avenue

Oxton Court

South Garden Apartments

40 Raglan Avenue

Victoria Park Apartments

Montcrest Apartments A&B

DuPont Loft Residences

The Wessex

15 Walmer Rd

Sheldon Towers

1017 Woodbine

New Garden Residences

149 St George St

24 Webster Avenue

High Park Village

Bathville Towers

4 Hill Heights Rd

The Plains

The Links Road

169 St George
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 | $2,067 | $1,045 | $7,264 |
| Toronto 1 Bedroom Apartments | $2,536 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,262 | $1,350 | $10,000+ |
| Toronto 3 Bedroom Apartments | $4,069 | $1,569 | $10,000+ |
| Toronto 4 Bedroom Apartments | $5,413 | $1,019 | $10,000+ |
| Toronto 5 Bedroom Apartments | $14,591 | $1,000 | $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 $1,350.
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.