Brampton Is The Cheapest City To Rent In The GTA RN & Here's How Other Areas Stack Up

If you're currently looking for a place to rent somewhere in the GTA, a new report reveals how much the average rental costs in each neighbourhood.

Rental platform liv.rent just broke down how much rent costs across the GTA for November, as well as how the rental market trends and changes are looking in Toronto.

This November, for the first time ever this year, the average rental price for the GTA has gone over $1,700 a month. Back in October, the average price was $1,693 and now it's $1,735, which is a $42 difference. Liv.rent said they're unsure if Toronto's rental prices will continue upwards for the rest of the year.

liv.rent

Of all the places to find an unfurnished, one-bedroom rental, Brampton is currently the most affordable neighbourhood in the GTA, with its average rent going just over $1,500 a month. Unsurprisingly, Toronto is the most expensive place to live with rent coming out to an eye-watering $1,909 for the same kind of unit. That's a nearly $400 difference between the two cities.

North York is the second-most expensive area with unfurnished one-bedrooms going for $1,852 a month. Mississauga comes in third at $1,763 a month.

If you're looking for something even cheaper, furnished one-bedroom rentals in Brampton are $1,338 per month while Vaughan is boasting the same units for $1,540.

Outside of the GTA, the cheapest places to rent are in London, Windsor, and Kingston, with one-bedrooms going for anywhere in the $1,300s.