Toronto rents just skyrocketed again and here's how much you'll need to spend

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Toronto rents just skyrocketed again and here's how much you'll need to spend
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Toronto rents just skyrocketed again and here's how much you'll need to spend Toronto Rent RealEstate

It will now cost you well north of $2,800 to rent an apartment in Toronto, and renters looking to move into a new home will have to fork over more than 15 per cent higher prices than this time last year.

The former City of Toronto ranked second on the list of 35 cities for average one-bedroom monthly rent in May, at $2,538, and third place for two-bedroom rent averages, at $3,286.

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