Most Affordable & Most Expensive Places to Rent in Downtown Toronto | July 25 - 31, 2022

Here's your weekly recap on the most affordable & most expensive areas to rent in Downtown Toronto from July 25-31, 2022.

Most Affordable & Most Expensive Places to Rent in Downtown Toronto | July 25 - 31, 2022

Here's your weekly recap on the most affordable & most expensive areas to rent in Downtown Toronto from July 25-31, 2022.

Please note that the Downtown boundaries are as follows:
North = College St
South = Lake Ontario
West = Bathurst
East = Don Valley Parkway

1-Bed

  • 79 units leased
  • Average price = $2389
  • Most affordable = $1880 | Corktown
  • Most expensive = $3600 | King West

1-Bed + Den

  • 72 units leased
  • Average price = $2688
  • Most affordable = $2200 | CityPlace
  • Most expensive = $4300 | Harbourfront

2-Bed

  • 61 units leased
  • Average price = $3325
  • Most affordable = $2650 | Harbourfront
  • Most expensive = $4000 | Queen West

2-Bed + Den

  • 22 units leased
  • Average price = $3698
  • Most affordable = $3000 | Entertainment District
  • Most expensive = $4700 | College Park

3-Bed

  • 5 units leased
  • Average price = $4395
  • Most affordable = $4100 | Entertainment District
  • Most expensive = $4725 | Harbourfront

The rental market is shifting very quickly so be sure to check back next week for the most up-to-date stats!

Have any questions about renting?

Feel free to message me on Instagram @TorontoRealEstate.ca !

Rylie C.