Toronto Apartment Prices Dropping
While we are still very early in 2022, Toronto apartment prices have already dipped. The average rental price in Toronto, for a one-bedroom, is down to $1,678.00 from $1,766.00 in December 2021.
While downtown Toronto has shown a decrease, other areas are showing increases (York Region).
The rental market seems to again be a yo-yo and renters should be watching market trends if they intend on signing new leases.
![](https://static.wixstatic.com/media/11062b_86e6fc7d445d4375943c7a2de20db5e3~mv2.jpg/v1/fill/w_147,h_147,al_c,q_80,usm_0.66_1.00_0.01,blur_2,enc_auto/11062b_86e6fc7d445d4375943c7a2de20db5e3~mv2.jpg)