Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Toronto area can be challenging. Home prices in Toronto are now at a median cost of $155,810, lower than the South Dakota average of $199,518.
The average cost of rent is $779/mo in Toronto, primarily driven by the current value of real estate in the Toronto area. While nearly 56.61% of residents own their homes outright in Toronto, 18.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in Toronto is $6,078 per month. Households that rent pay about 12.81% of their income on rent here. Toronto's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Brandt, SD: less expensive homes
- Astoria, SD: equally priced homes
- White, SD: higher priced homes
- Estelline, SD: equally priced homes
- Bruce, SD: higher priced homes
- Clear Lake, SD: less expensive homes
- Hendricks, MN: less expensive homes
- Bushnell, SD: higher priced homes
- Brookings, SD: higher priced homes
- Stone Bridge, SD: equally priced homes
Cities with Similar Populations
- Alberhill, CA: higher priced homes
- Alberta, VA: less expensive homes
- Alleyton, TX: equally priced homes
- Allport, PA: equally priced homes
- Altona, IL: less expensive homes
- Alverno, MI: equally priced homes
- Apple Springs, TX: less expensive homes
- Arkville, NY: higher priced homes
- Ary, KY: less expensive homes
- Thornton, AR: less expensive homes
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