These are the five "cheapest" rentals in Toronto right now

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

For the 13th straight month, the average GTA rent is down. Prices were 16% lower in December 2020 than the same time last year — making the average rent now $2,020, according to the latest TorontoRentals.com and Bullpen Research & Consulting Toronto GTA rent report.

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, in and around Toronto.

• See also:
  • Average GTA rent prices drop for 13th straight month
  • COVID-19 pushes Toronto’s rental vacancy rate to 14-year high

1. 113 Osborne Avenue – $1,000

• Basement apartment
• 1 bathroom
• 1 parking
• Upper Beaches, close to transit

2. 24 Cedar Brae Boulevard – $1,000

• 1 Bedroom
• 1 Bathroom
• No parking
• Close walk to Eglinton Station

3. B01 – 432 St. Clarens Avenue – $1,050

• 1 Bedroom
• 1 Bathroom
• No parking
• Downtown Toronto, close to Dufferin Mall

4. 219 Brunswick Avenue – $1,095

• Basement
• 1 Bathroom
• No parking
• Downtown Toronto in The Annex

5. 68 Claver Avenue – $1,190

• 1 Bedroom
• 1 Bathroom
• 1 parking
• Close to Lawrence West subway station

List is accurate as of February 1.