These are the "cheapest" rentals in Toronto right now

Renting in Toronto is never an easy task, but as the pandemic continues to affect every day life, it’s left a mark on the rental market as well putting pressure on rental prices.

A recent report shows that the average monthly rent in the GTA has declined for the tenth straight month in a row — now down 13%, with units going for just over $2,000.

So if you’ve been looking for the perfect rental, now might just be the right time to look.

While you can still expect virtual apartment viewings, here are five of the “cheapest” rentals, recently listed by Zoocasa, showing places in and around Toronto.

See also:
- Average GTA rent prices drop for 10th straight month, down almost 13%
- Toronto neighbourhoods that have seen the greatest drop in rent prices this year

1. 62 Patricia Avenue – $1,000

Zoocasa

1 bedroom
1 bathroom
1 Parking
Close to Yonge Street

2. 62 Cresthaven Drive – $1,000

Zoocasa

1 bedroom
1 bathroom
1 Parking
Separate entry from backyard

3. 468 Midland Avenue – $1,000

Zoocasa

Bachelor
1 bathroom
1 Parking
700 sq. ft.

4. 52 Tisdale Avenue – $1,050

Zoocasa

1 bedroom
1 bathroom
No Parking
700 sq. ft.
Walking distance to Eglinton town centre