These Are The Toronto Neighbourhoods With The Cheapest Rent, According To New Data From The City
Toronto is crazy expensive to rent in, that's not a secret at this point. While the average rent prices in Toronto are painfully high, the costs vary dramatically throughout the city's many neighbourhoods.
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In preparation for the Toronto mayoral election happening next week, the city has released profiles of all 25 wards in the city, down from the 44 wards included in the previous election. Wards refer to the city's various districts and neighbourhoods. The ward profiles include all kinds of data from income, populations and other demographics. But, most interestingly, it lists the average monthly rent prices in each ward.
Across the city from Etobicoke through Downtown to Scarborough, there is as much as a $600 difference between the highest and lowest rent prices - not one, but two wards actually have average rent prices below $1000 per month.
According to the City of Toronto, these are the average costs for monthly rent in each of the Toronto neighbourhoods, ranked from most expensive to least.
25. Ward 10 – Spadina-Fort York
The most expensive rent in the city can be found here, where the average monthly rent cost is $1673.
24. Ward 11 – University-Rosedale
Here the average monthly rent cost is $1560.
23. Ward 18 – Willowdale
Here the average monthly rent cost is $1537.
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22. Ward 17 – Don Valley North
Here the average monthly rent cost is $1390.
21. Ward 12 – Toronto-St. Paul’s
Here the average monthly rent cost is $1384.
20. Ward 16 – Don Valley East
Here the average monthly rent cost is $1353.
19. Ward 2 – Etobicoke Centre
Here the average monthly rent cost is $1303.
18. Ward 8 – Eglinton-Lawrence
Here the average monthly rent cost is $1245.
17. Ward 3 – Etobicoke Lakeshore
Here the average monthly rent cost is $1229.
16. Ward 9 – Davenport
Here the average monthly rent cost is $1226.
15. Ward 13 – Toronto Centre
Here the average monthly rent cost is $1214.
14. Ward 15- Don Valley West
Here the average monthly rent cost is $1205.
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13. Ward 6 – York Centre
Here the average monthly rent cost is $1177.
12. Ward 4 – Parkdale-High Park
Here the average monthly rent cost is $1174.
11. Ward 23 – Scarborough North
Here the average monthly rent cost is $1144.
10. Ward 14 – Toronto-Danforth
Here the average monthly rent cost is $1123.
9. Ward 22 – Scarborough-Agincourt
Here the average monthly rent cost is $1103.
8. Ward 25 – Scarborough Rouge Park
Here the average monthly rent cost is $1097.
7. Ward 19 – Beaches-East York
Here the average monthly rent cost is $1082.
6. Ward 21 – Scarborough Centre
Here the average monthly rent cost is $1067.
4. Ward 7 – Humber River-Black Creek
Here the average monthly rent cost is $1011.
3. Ward 5 – York South – Weston
Here the average monthly rent cost is $957.
2. Ward 24 – Scarborough-Guildwood
Here the average monthly rent cost is $950.
1. Scarborough Southwest
This is the winner with an average monthly rent cost is $936.
It shouldn't come as a surprise that the cheapest places for rent are further outside of the city centre, especially as far out as Scarborough. On the flip side, neighbourhoods as far west as Etobicoke are higher on the list, pointing to a shift out of the downtown area.
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These 25 wards were created recently after Doug Ford's government passed legislation to reduce the size of Toronto's city council. They will be used as the voting areas for the upcoming municipal election on October 22nd.

