30 Super Nice Toronto Apartments You Can Rent For Under $50

Perfect for a mini staycation, a night out with friends, or a one night business stay!

Toronto is the top cities in Canada for tourists to visit with over 40 million visitors coming in each year. Since this city is so massive there really isn't any shortage of areas to explore, activities to experience, and foods and drinks to enjoy.

With all the fun things to see and do here comes much higher prices compared to the rest of Canada. If you're planning on visiting Toronto, or you're just looking for a place to rent for a staycation, you'd probably rather save money on accommodations so you can spend it on activities, foods and drinks.

That makes a lot of sense and is probably the best way to go since you'll really only been in your room to sleep anyways. This list is full of great apartments that are actually nice but still cost less than $50!


30. Cozy Studio Flat

Via Airbnb

Price: $45/night

Where: Scarborough

Why You Should Go: This super cute and cozy private studio in Scarborough is the perfect place to stay on a budget. It's just a short walk from the gorgeous Scarborough Bluffs and a pool for the summer months!

Book your stay HERE


29. Downtown Private Room

Via Airbnb

Price: $29/night

Where: Cabbagetown

Why You Should Go: This Victorian-style neighbourhood is offering a cozy room super close to downtown. The room comes equipped with an indoor fireplace, wifi, a TV and access to the kitchen.

Book your stay HERE


28. Romantic Studio Apartment

Via VRBO

Price: $47/night

Where: North York

Why You Should Go: This cozy studio offers a great option for those looking for a place to stay on a budget. It comes equipped with a large King sized bed, an electric fireplace, a cozy kitchen and more!

Book your stay HERE


27. Bright 1 Bedroom Apartment

Via Airbnb

Price: $40/night

Where: Parkdale

Why You Should Go: Stay in a bright and spacious 1 bedroom apartment in one of Toronto's trendiest neighbourhoods. It's close to tons of bars, restaurants and shopping areas plus the streetcar is a short walk away so you can easily travel anywhere in the city!

Book your stay HERE


26. Cozy Downtown Loft

Via Airbnb

Price: $49/night

Where: Old Toronto

Why You Should Go: This cozy loft is located in the perfect place in Toronto. It's close to areas like the Distillery District, the St. Lawrence Market, downtown Toronto and more! The space itself has 2 bedrooms and can fit up to 8 people.

Book your stay HERE


25. Charming Downtown Studio

Via Airbnb

Price: $46

Where: Old Toronto

Why You Should Go: This super bright and sunny loft apartment is the perfect place to stay located in the heart of Toronto's downtown area. It's close to all the best sights like the Eaton Centre, the St. Lawrence Market and all of downtown!

Book your stay HERE


24. Cozy 2nd Floor Room

Via VRBO

Price: $48/night

Where: Scarborough

Why You Should Go: This is a great option if you're just looking for a simple room in downtown Toronto. It's located close to the Scarborough Town Centre and buses that can take you to the downtown area.

Book your stay HERE


23. Comfy 1 Bedroom Apartment

Via Airbnb

Price: $50/night

Where: Bloordale Village

Why You Should Go: Located close to tons of amazing restaurants, bars, cafes and shopping areas this apartment is perfect for a weekend stay. It's a bright place with a comfy 1 bedroom with a full kitchen and a TV.

Book your stay HERE


22. 1 Bedroom Flat

Via Airbnb

Price: $49/night

Where: North York

Why You Should Go: This 1 bedroom apartment is super cute and a great option for a budget stay in Toronto. The subway is just a short walk away and the apartment has a 1 cozy bedroom, a kitchen and a living space.

Book your stay HERE


21. Quirky Skylight Loft

Via Airbnb

Price: $51/night

Where: Old Toronto

Why You Should Go: This cute and quirky styled apartment is the perfect spot located super close to the downtown area. The apartment comes with a cozy bedroom with a bright skylight, a private washroom, a fully equipped kitchen and a living space!

Book your stay HERE


20. Clean & Comfy Studio

Via Airbnb

Price: $45/night

Where: Old Toronto

Why You Should Go: This space is dubbed 'Studio Red' because it's uniquely designed with red accent colours. It's located super close to the downtown core and tons of other cute areas!

Book your stay HERE


19. Victorian Home

Via Airbnb

Price: $45/night

Where: Riverside

Why You Should Go: This super cute space is located on the top floor of an old Victorian home. The space comes with a double bed, all coffee/tea and bathroom toiletries will be provided, and it's not far from all the downtown action.

Book your stay HERE


18. Cozy 1 Bedroom Apartment

Via Airbnb

Price: $43/night

Where: Birch Cliff Heights

Why You Should Go: Located in a lively area of the east end, close to both Scarborough and the Beaches. Here you'll have access to the entire apartment with a bedroom, kitchen, living room and bathroom.

Book your stay HERE


17. Clean & Comfortable Room

Via Airbnb

Price: $21/night

Where: Parkwoods

Why You Should Go: This is a great option if you're really looking to stay on a budget during your stay. The apartment is two floors and the upstairs area with a private entrance is available for rent. It has a double bed, a kitchen, wifi and a workspace.

Book your stay HERE


16. Comfy 1 Bedroom Apartment

Via Airbnb

Price: $50/night

Where: Entertainment District

Why You Should Go: This 1 bedroom apartment is located in the heart of downtown Toronto's Entertainment District. You'll find tons of restaurants, bars, shops and activities located just all around you plus the apartment is spacious and you have access to all the building's amenities.

Book your stay HERE


15. Bachelor Apartment

Via Airbnb

Price: $50/night

Where: Queen St. West

Why You Should Go: This apartment is ideal for just one person who's looking to stay in one of Toronto's trendiest neighbourhoods. It has 1 single bed located on the 2nd floor of the building, a kitchen, wifi, and it's located to all the best shops, restaurants and more!

Book your stay HERE


14. Luxury Condo Apartment

Via Airbnb

Price: $40/night

Where: Entertainment District

Why You Should Go: If you're looking for a gorgeous condo building located in the heart of downtown this is definitely a great choice. You'll have access tot he gym facilities, the hot tub, and more!

Book your stay HERE


13. Simple Basement Apartment

Via Airbnb

Price: $40/night

Where: Little Italy

Why You Should Go: This simple basement apartment offers 2 bedrooms in one of Toronto's hippest and coolest areas. You're close to all the best shopping, restaurants, bars and cafes in Toronto and super close to the downtown area as well!

Book your stay HERE


12. Cute Bachelor Apartment

Via Airbnb

Price: $43/night

Where: St. Clair West Village

Why You Should Go: This cozy 1 bedroom apartment comes equipped with a queen bed, wifi and is super close to transportation. It's located in a bustling area but is also super close to hip and trendy areas of Toronto.

Book your stay HERE


11. Cozy & Chic Apartment

Via Airbnb

Price: $51/night

Where: Danforth Village

Why You Should Go: This cozy and chic apartment is located in one of the east end's most bustling areas. This 1 bedroom space is just a 3 minute walk to the subway to get to other Toronto areas.

Book your stay HERE


10. Bright Downtown Suite

Via Airbnb

Price: $39/night

Where: The Annex

Why You Should Go: Located right between two amazing Toronto neighbourhoods, The Annex and Yorkville, this apartment offers a great place to stay. It's a hotel-style apartment with 2 Queen beds and all the amenities you could need!

Book your stay HERE


9. Spacious 1 Bedroom

Via Airbnb

Price: $49/night

Where: Scarborough Village

Why You Should Go: Located in a super cute house near The Beaches are is this super spacious room that's fully private. You'll get a 1 bedroom suite, a private entrance and a living room, kitchen and amenities!

Book your stay HERE


8. Luxury Hideaway

Via Airbnb

Price: $50/night

Where: Little Italy

Why You Should Go: This newly renovated space is decorated so adorably and offers a great located to explore the city. The host even provides a complimentary welcome basket with drinks and snacks!

Book your stay HERE


7. Newly Renovated Suite

Via Airbnb

Price: $26/night

Where: Woodbine Gardens

Why You Should Go: This spacious and newly renovated basement apartment comes equipped with 2 cozy rooms in Toronto's east end. It's close to the subway, come with wifi and a super spacious common area.

Book your stay HERE


6. Stylish Suite

Via Airbnb

Price: $45/night

Where: Little Portugal

Why You Should Go: This charming and stylish suite located in the trendy area of Little Portugal is offering a great deal on their space! It's super close to cute restaurants, shops and cafes, offers fast wifi and a super spacious living area.

Book your stay HERE


5. Modern Condo

Via Airbnb

Price: $51/night

Where: Entertainment District

Why You Should Go: Stay in a gorgeous and modern condo located in the heart of the downtown area! You'll be located within walking distance of all the best sites in the city and have access to all the building's amenities.

Book your stay HERE


4. Charming Modern Apartment

Via Airbnb

Price: $50/night

Where: Brockton Village

Why You Should Go: This cozy and cute apartment is perfect for those that want to stay in a super hip area with tons of great shops, restaurants and cafes. There's 1 bedroom with the opportunity for a pullout couch to fit up to 4 people!

Book your stay HERE


3. Basement Bachelor Apartment

Via Airbnb

Price: $50/night

Where: Parkdale

Why You Should Go: Though this loft-style apartment is located in a basement, it definitely doesn't feel like it. This recently renovated apartment offers a spacious area that's close to all the best shops and restaurants in the city.

Book your stay HERE


2. Luxury Condo Apartment

Via Airbnb

Price: $46/night

Where: Entertainment District

Why You Should Go: Located in the luxurious ICE condo building in the heart of downtown Toronto! It's close to the Harbourfront and tons of other great Toronto areas. You'll also have access to all the building's amenities.

Book your stay HERE


1. Cozy Bachelor Apartment

Via Airbnb

Price: $45/night

Where: Upper Jarvis

Why You Should Go: This cozy and bright apartment offers the best option for a cheap spot that's also super close to all the downtown activities. The apartment comes with a Queen bed, a kitchen, a TV with Netflix and Apple TV, and all the kitchen and apartment essentials!

Book your stay HERE

Keep on reading

Share on Facebook

Recommended for you

Mia Shabsove Soon to be graduate from Concordia University in Montreal. Originally from Toronto and yes, Montreal and Toronto are very different cities and no, I don't love one more than the other! My passions include eating pasta for every meal, squealing at every pug I see on the street, taking naps in hammocks, and rewatching episodes of Friends on Netflix. Follow my life adventures on Instagram: @miashabsove