These are the 5 cheapest rental listings in Toronto right now

Earlier this year, it was projected that Toronto’s rental market would remain “tight,” with monthly rent expected to rise 7%.
Last month, Toronto took the top spot for the most expensive rent in the country, with a one-bedroom now averaging $2,300.
But don’t let this discourage you from entering the rental market, because there are still some listings in the GTA that won’t cost you a small fortune — you just need to know where to find them.
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According to Zoocasa, there are a number of listings currently well below the average rental price this month, all listed at $900 per month.
But… they are generally small, studios, and in lower levels or basements.
Read on to see the five cheapest rentals currently available in the city.
5. Basement – 249 Burnhamthorpe Rd: $9o0 per month

Bsmt – 249 Burnhamthorpe Rd / Zoocasa
- 1 Bedroom
- 1 Bathroom
- 1 parking
- TTC at door, 4 min drive to Kipling subway
4. Basement #2 – 40 Mcclure Cres: $900 per month

Basement #2 – 40 Mcclure Cres/ Zoocasa
- 1 Bedroom
- 1 Bathroom
- No parking
- Listed as a newly renovated basement apartment with “larger windows”
3. Basement – 47 Benary Cres: $900 per month

Basement – 47 Benary Cres / Zoocasa
- 2 Bedrooms
- 1 bathroom
- 3 parking
- Listed as having “above ground windows” and being close to Centennial College
2. Basement – 18 Nanaberry Street: $900 per month

Basement – 18 Nanaberry Street/ Zoocasa
- 1 Bedroom
- 1 Bathroom
- 1 parking
- Basement apartment with separate entrance, listed as “bright and spacious”
1. 360 East Avenue: $900 per month

360 East Avenue / Zoocasa
- 1 Bedroom
- 1 Bathroom
- 1 parking
- Listed as a newly renovated apartment that is perfect for students
All information is accurate as of March 4, 2020