
Cheap Studio Apartments for Rent in the Bay Street Corridor Neighborhood of Toronto, ON from $1,399 (66 Rentals) Page 2 of 2


33 Maitland St, Unit 308

33 Maitland St, Unit 204

33 Maitland St, Unit 308

33 Maitland St, Unit 204
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

121 St Patrick St, Unit 417

121 St Patrick St, Unit 417

140 Simcoe St, Unit 301

140 Simcoe St, Unit 301

87 Peter St, Unit 3505
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.

87 Peter St, Unit 3505

57 Charles at Bay

11 Wellesley St W, Unit 1112

11 Wellesley St W, Unit 1112

42 Charles St E, Unit 4305
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

42 Charles St E, Unit 4305
Bay Street Corridor, Toronto, ON Local Guide
How much does it cost to rent an apartment in Bay Street Corridor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
Bay Street Corridor Studio Apartments | $2,223 | $1,399 | $5,387 |
| Bay Street Corridor 1 Bedroom Apartments | $3,245 | $1,695 | $10,000+ |
| Bay Street Corridor 2 Bedroom Apartments | $4,330 | $2,190 | $10,000+ |
| Bay Street Corridor 3 Bedroom Apartments | $6,711 | $3,875 | $10,000+ |
| Bay Street Corridor 4 Bedroom Apartments | $6,719 | $6,719 | $6,719 |
Browse Apartments in this Neighborhood
There are currently 66 rentals with your search options within a 2 mile radius of the Bay Street Corridor Neighborhood of Toronto, ON.
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Frequently Asked Questions about Cheap Bay Street Corridor Apartments
What is a cheap apartment in Bay Street Corridor?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Bay Street Corridor is under $1,747.
What is the price of a cheap apartment in Bay Street Corridor?
The cheapest apartment in Bay Street Corridor is Mid-Town Apartments which is listed at $1,399, while the average apartment in Bay Street Corridor costs $3,100.
What types of apartments are the cheapest in Bay Street Corridor?
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 91 regular apartments in Bay Street Corridor 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 Bay Street Corridor?
Cheap apartments in Bay Street Corridor have an average cost of $1,773 which is $1,327 cheaper than the average rent for all rentals in Bay Street Corridor.
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 Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.