These are the 10 cheapest rentals currently available in Toronto (MAP)
While rental prices in Toronto continue to be on the rise, renters can still find some affordable listings throughout the city… although not downtown.
In July, the average rent for a one-bedroom apartment in Toronto, which claims the title of the priciest market in Canada, was $2,290 and rent for a two-bedroom apartment remained flat at $2,850.
See also:
- GTA home sales jumped 24.3% from July last year as market conditions ‘tightened’
- This is how much it would cost to relocate to Toronto from outside Canada: report
- This is how much you have to make an hour to rent an average 2-bedroom apartment in Toronto: report
And while this might sound discouraging for those looking for a new spot to call home, it doesn’t mean you can’t find affordable listings around the GTA.
They might not be located in the heart of downtown, you can find some affordable options hidden throughout the Toronto area—you just need to know where to look.
And according to brokerage Zoocasa, these are the ten cheapest rentals available in Toronto right now.
10. 162 Staines Road: $1,100/month
- Basement
- 1+1 Bedroom
- 1 Bathroom
- 1 Parking spot
9. 56 North Woodrow Boulevard: $1,100/month
- Bedroom apartment
- 1 Bedroom
- 1 Bathroom
- 1 Parking spot
8. 177 Rogue River Drive: $1,100/month
- Basement
- 1 Bedroom
- 1 Bathroom
- 1 Parking spot
7. 192 Linsmore Crescent: $1,100/month
- Basement
- 1 Bedroom
- 1 Bathroom
- 1 Parking spot
6. 16 Jacques Road: $1,095/month
- Basement
- 1 Bedroom
- 1 Bathroom
- 1 Parking spot
5. 1792 Dufferin Street: $1,000/month
- Bachelor apartment
- 1 Bathroom
- 2 Parking spots
4. 360 East Avenue: $1,000/month
- 1 Bedroom
- 1 Bathroom
- 1 Parking spot
- Recently renovated (new appliances and laundry on-site)
3. 28 Sandrift Square: $1,000/month
- Basement
- 1 Bathroom
- 1 Parking spot
2. 172 North Carson Street: $850/month
- Bachelor apartment in the basement
- 1 Small bedroom
- 1 Bathroom
- Furnished
- No parking
1. 1234 Woodbine Avenue: $749/month
- Basement apartment (open concept)
- 1 Bathroom
- No parking