Toronto Rent Prices Are Getting Super Pricey & It's Much Cheaper To Live In These 3 Spots
Toronto rent prices are slowly going back up after declining during the COVID-19 pandemic, and it could be time to start packing your bags.
According to Rentals.ca, the average price of a one-bedroom apartment in the 6ix is currently just under $2,000 which is down 2.9% compared to the same period last year. However, overall rent, which is $2,181, is up 6.7% from the last quarter of 2021.
The city's blatant unaffordability has caused many to flee the GTA in search of cheaper housing, especially in the wake of the 2020-2021 lockdowns.
While Toronto currently sits at $1,938 for a one-bedroom and $2,628 for a two-bedroom, there are cheaper options around Ontario.
At the moment, the overall most affordable cities to rent in Ontario are London, Windsor, and Kingston with …
More on: www.narcity.com