Studio Apartments for Rent in Toronto, ON Under $1,500 (83 Rentals)

Crescent Town

Total Monthly Price
Clearview on the Park

80 St. Clair East

391 Sherbourne Street

Bradley Courts

Bradley Court

Davisville Village

2355 Lake Shore Blvd W

1 Springhurst Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Dundonald Arms

150 Culford Rd

Goodwood Apartments

Marina View Apartments

90 Eastdale

Sherwood Apartments

22 Oakmount

103 & 105 West Lodge
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

25 Mabelle

Islington Apartments

50 Old Yonge St

5 High Park Blvd

536 Huron St

2903 St Clair Ave E

148 Islington Ave

2938 Danforth Ave

2527 Lake Shore Blvd W

Genesis Place
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

St David's Village

The Esplanade

330 Hopewell Ave

958 Eglinton Ave E

243 Eglinton Ave W

Regent Park North

Trefann Court

898 Eglinton Ave E

130 Cosburn Ave

Beverley Manor

190 Cosburn Ave

841-869 Millwood Rd

Wilkeele Apartments

Village Park Apartments

12 Buttonwood Ave

Monterey Park

52 Thorncliffe Park Dr

26 Gulliver Road

Jameson Apartments

641 Vaughan Road
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 | $1,911 | $1,045 | $2,800 |
| Toronto 1 Bedroom Apartments | $2,305 | $800 | $5,000 |
| Toronto 2 Bedroom Apartments | $3,041 | $1,559 | $7,295 |
| Toronto 3 Bedroom Apartments | $3,898 | $1,509 | $10,000+ |
| Toronto 4 Bedroom Apartments | $3,628 | $1,459 | $10,000+ |
| Toronto 5 Bedroom Apartments | $1,045 | $1,045 | $1,045 |
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Toronto, ON Local Guide
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Toronto, ON Rentals by Map
See the most popular apartments and homes in Toronto, ON
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 Studio Toronto Apartments
What is the Cheapest apartment in Toronto with Studio?
Currently the most affordable Studio in Toronto is at 80 St. Clair East listed at $1,140.
How much is the average rent for a Studio Toronto Apartment?
The average rent for a Studio Apartment in Toronto is $1,911.
What is the largest available Studio Toronto Apartment for rent?
Today's apartment with the most square footage in Toronto is a 1,109 square feet unit starting from $1,475 at Mimico Estates.
What is the average size for Toronto Studio Apartments for rent?
The average size for a Studio rental in Toronto is currently 0 sq ft.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.


