
Studio Apartments for Rent in Toronto, ON Under $1,500 (93 Rentals)


103 & 105 West Lodge

Crescent Town

2701 EGLINTON AVE W

Total Monthly Price
256-262 Sherbourne St.

Bradley Courts

Bradley Court

25 Duncanwoods Dr

1011 Lansdowne Ave Apartments
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

Goodwood Apartments

Total Monthly Price
260 Wellesley St E

Serena Court

Dundonald Arms

Total Monthly Price
650 Parliament St

90 Eastdale

Total Monthly Price
Six Points Suites | 40 Trethewey Dr

Total Monthly Price
30 Springhurst Ave
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.

630 Roselawn Apartments

Total Monthly Price
22 Oakmount

1 A-1A Vermont Ave

492 Montrose Ave

2903 St Clair Ave E

101-103 Spadina Rd

2938 Danforth Ave

536 Huron St

2407 Lake Shore Blvd W
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.

Mimico Estates

214 Wellesley St E

Genesis Place

7-9 Homewood Ave

St David's Village

The Esplanade

330 Hopewell Ave

958 Eglinton Ave E

243 Eglinton Ave W

Regent Park North
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.

Trefann Court

898 Eglinton Ave E

130 Cosburn Ave

Beverley Manor

841-869 Millwood Rd

190 Cosburn Ave

Wilkeele Apartments

Village Park Apartments

Monterey Park

52 Thorncliffe Park Dr
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 | $1,929 | $1,045 | $8,548 |
| Toronto 1 Bedroom Apartments | $2,408 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,174 | $900 | $10,000+ |
| Toronto 3 Bedroom Apartments | $4,170 | $1,569 | $10,000+ |
| Toronto 4 Bedroom Apartments | $5,125 | $1,384 | $10,000+ |
| Toronto 5 Bedroom Apartments | $19,425 | $8,639 | $10,000+ |
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Toronto, ON Local Guide
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 7-9 Homewood Ave listed at $749.
How much is the average rent for a Studio Toronto Apartment?
The average rent for a Studio Apartment in Toronto is $1,929.
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 $1,450 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

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.



