These 5 of the cheapest rentals currently available in Toronto (MAP)

Last month, Toronto took the top spot for the most expensive rent in the country.

For the month of June, one-bedroom rent dropped 0.9% to $2,230, while two bedrooms remained flat at $2,850.

But don’t let this discourage you from entering the rental market, because there are still listings in the GTA that won’t cost you a small fortune — you just need to know where to look.

If you stray away from the heart of downtown, you can find some affordable options hidden throughout the city.

According to brokerage Zoocasa, there are a number of listings currently well below the average rental price this month, with one listing going for just $900.

Read on to see the five cheapest rentals currently available in Toronto.

See also

• Housing affordability is still 'dreadful' in Toronto: report
• Your landlord can legally increase your rent by largest amount in more than 5 years
• The average cost of rent in Canadian cities in June (MAP)

5. 4 Valhalla Boulevard: $900/month

• Bachelor studio
• Open concept (no bedroom)
• Bathroom and laundry
• Heat, hydro, and gas included in rent
• No parking

4. 56 Mcinnes Crescent: $950/month

• Basement unit, open concept
• 1 Bedroom
• 1 Bathroom
• 1 Parking spot

3. 56 North Woodrow Boulevard: $980/month

• Basement unit
• 1 Bedroom
• 1 Bathroom
• 1 Parking spot

2. 360 East Avenue: $1000/month

• 1 Bedroom
• 1 Bathroom
• 1 Parking spot
• New appliances
• Laundry

5. 536 Huron Street: $1,000/month

• Located in The Annex in a “Victorian Mansion”
• 1 Bedroom
• 1 Bathroom
• No parking
• Laundry