These are the 5 cheapest rental listings in Toronto right now

It should come as no surprise that rent is damn expensive in Toronto.

For the month of October, the average one-bedroom rent reached $2,209, while two-bedrooms hit $2,888, according to a report from the Toronto Real Estate Board.

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 find them.

See also:

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• These are the 5 most expensive listings in Toronto right now
• City of Toronto project to create hundreds of new “affordable” rental homes in Queen East

If you stray 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 one rental going for as low as $900 per month.

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

5. #102 – 256 Sherbourne Street: $1,150 per month

• Renovated bachelor suite
• 1 Bathroom
• 1 Parking spot
• Just south of Cabbagetown

4. 8 Sorauren Avenue: $1,095 per month

• 1 Bedrooms
• 1 Bathroom
• No parking
• Located in Roncesvalles Village

3. Lower – 68 Lawlor Avenue: $1,050 per month

• 1 Bathroom
• Bachelor-style apartment
• No parking
• Located in Upper Beaches neighbourhood

2. Basement A – 53 Silvio Avenue: $1,050 per month

• 1 Bedroom
• 1 Bathroom
• 4 Parking spots
• Minutes from Warden station

1. 88 Lanark Avenue: $900 per month

• 1 Bedroom
• 1 Bathroom
• Basement bachelor-style unit
• No parking
• Steps from the new Oakwood subway station

All information is accurate as of December 3, 2019.