Where to Stay in Toronto Under $50/Night

Published on June 13, 2025

by Annie Driver

Toronto may be one of Canada’s priciest cities, but that doesn’t mean low-budget travelers are out of options when it comes to accommodation. With a little planning and flexibility, it’s entirely possible to find places to stay under CAD $50 per night—even in this bustling metropolis. Whether you’re a backpacker, student, or frugal adventurer, there are creative ways to sleep affordably without compromising safety or convenience.

This guide offers practical tips and strategies on where and how to stay in Toronto under $50/night. From hostels and university dorms to unconventional and community-based lodging, we break down where to look, how to book, and what to expect—so you can rest easy without blowing your travel budget.

Tips for Where to Stay in Toronto Under $50/Night

Finding accommodation under CAD $50 in Toronto requires flexibility, timing, and a willingness to explore non-traditional options. Here are some proven strategies that locals and savvy travelers use to score budget lodging in the city.

Book a Bed in a Hostel Dorm

Hostels remain the most consistent and reliable source for budget beds in Toronto. Dormitory-style accommodation with shared facilities often starts at CAD $35–$50 per night, depending on the season and location.

Check out The Planet Traveler in Kensington Market for eco-friendly lodging and free breakfast
HI Toronto downtown often runs promotions for short stays
Book directly via their websites for best rates
Look for discounts on Hostelworld or Booking.com
Choose larger dorm rooms (6–10 beds) for lower rates

Stay at University Dormitories (Summer Only)

During summer months (May–August), university residences open to travelers. These are affordable, centrally located, and often include amenities like Wi-Fi and shared kitchens.

University of Toronto St. George Campus offers rooms for as low as CAD $45/night
Ryerson University dorms near Yonge-Dundas also cater to travelers
Book early, as these fill quickly
Expect basic but clean, private or semi-private rooms
Check campus housing websites for availability and pricing

Try Couchsurfing for Free Accommodation

Couchsurfing connects travelers with locals offering free places to sleep—usually a couch, mattress, or spare room. In Toronto, it’s a popular option among budget travelers who want cultural exchange as much as savings.

Always read host reviews, communicate clearly, and be respectful of house rules. While not guaranteed, it’s a valuable community for those open to new experiences.

Look for Shared Rooms or Sublets on Facebook and Kijiji

Locals frequently post spare rooms and short-term rentals on platforms like Facebook Marketplace, Kijiji, and local groups such as ‘Bunz Housing Zone’. Prices can range from CAD $30 to $50 for shared rooms, especially in neighborhoods like East York, Parkdale, or Scarborough.

Search using keywords like “short stay,” “shared room,” or “traveler rental”
Contact hosts directly and negotiate rates for multi-night stays
Always confirm amenities (Wi-Fi, access to kitchen, etc.)
Check proximity to public transit before booking
Stay alert for scams—always meet in person or verify profiles

Volunteer in Exchange for a Bed

Platforms like Workaway, HelpX, and WWOOF allow travelers to work a few hours a day in exchange for free lodging. These can include hostel reception, gardening, or pet sitting gigs within the Toronto area.

Opportunities often come with meals included
Minimum commitment may be 1–2 weeks
Great for slow travelers and cultural immersion
Contact hosts well in advance
Ideal for flexible, independent travelers

More Advanced Tips for Where to Stay in Toronto Under $50/Night

Once you’ve mastered the basics, here are some advanced hacks to secure even better rates or bonus amenities.

Travel during off-peak months (January–April, October–November)
Use referral credits or first-time user discounts on booking platforms
Join hostel loyalty programs or follow them on social media for last-minute deals
Check university-affiliated religious housing for affordable guest rooms
Bundle with public transit passes or tour packages when possible
Use location filters to find affordable stays along subway lines
Negotiate for a discount on weekly stays when booking directly

Common Mistakes to Avoid When Looking for Cheap Accommodation in Toronto

Steering clear of these common pitfalls will save you both money and hassle during your search for low-cost lodging.

Waiting until the last minute—budget spots fill quickly
Booking based solely on price without checking reviews
Staying far from transit, leading to added transport costs
Ignoring hidden fees (cleaning, deposits)
Assuming city center is best—outskirts can be cheaper and well-connected
Not asking about amenities (Wi-Fi, linens, kitchen use)
Using unsafe or unverified booking platforms

Final Thoughts

Finding accommodation in Toronto under CAD $50 a night is possible—it just takes creativity and resourcefulness. Whether you’re in a hostel dorm, campus room, or someone’s couch, the key is knowing where to look and booking smart. With these tips, you’ll be ready to explore the city while keeping your lodging costs low and your experience high.