These are the 5 cheapest rental listings in Toronto right now
It comes as no surprise that rent is expensive in Toronto.
For the month of August, the average one-bedroom rent went up $10 to $2,300 — surpassing the previous month’s record of $2,290. Two bedrooms remained flat at an average price of $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 to find some of the cheapest rentals in the city.
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If you stray away from the heart of downtown, you can find some affordable options hidden throughout Toronto.
According to brokerage Zoocasa, there are a number of listings currently well below the average rental price this month, with some rentals going for just $1,100 a month.
Read on to see the five cheapest rentals currently available in Toronto.
5. 47 Richbourne Court: $1,100 per month

47 Richbourne Crt/Zoocasa
- Basement apartment
- 1 Bathroom
- 700 to 1100 sq. ft.
- 1 Parking spot
4. 18 Chipmunk Avenue: $1,100 per month

18 Chipmunk Avenue/Zoocasa
- Basement unit
- 1 Bedroom
- 1 Bathroom
- No parking
3. 307 Churchill Avenue: $1,150 per month

307 Churchill Avenue/Zoocasa
- Bachelor unit
- 1 Bathroom
- 1 Parking spot
2. Unit #1 – 46 Confederation Drive: $1,150 per month

Unit 1 – 46 Confederation Drive/Zoocasa
- Basement apartment
- 1 Bedroom
- 1 Bathroom
- No parking
1. 11 Flycatcher Avenue: $1,195 per month

11 Flycatcher Avenue/Zoocasa
- 1 Bedroom
- 1 Bathroom
- 700-1100 sq. ft.
- No parking
All of these numbers are accurate as of October 3, 2019.