Cheapest Neighborhoods In Toronto, ON To Buy A House

Like any large city, home prices in Toronto have continued to increase over the years. Fortunately, there are still some neighborhoods in Toronto that offer some affordable housing options. These are the cheapest neighborhoods in Toronto for 2026. The neighborhoods are ranked by the lowest median home prices when compared to the average median home price in Toronto.

Kensington Market
Population 4,204
-45%
Median Home Value $572,326
45% less expensive than Toronto
Woodbine Corridor
Population 13,428
-45%
Median Home Value $573,219
45% less expensive than Toronto
Stockyards District
Population 4,416
-45%
Median Home Value $579,220
45% less expensive than Toronto
Liberty Village
Population 9,387
-37%
Median Home Value $663,027
37% less expensive than Toronto
Church and Wellesley
Population 28,516
-36%
Median Home Value $668,016
36% less expensive than Toronto
The Distillery District
Population 1,724
-34%
Median Home Value $687,853
34% less expensive than Toronto
Corktown
Population 2,767
-34%
Median Home Value $694,456
34% less expensive than Toronto
Baldwin Village
Population 561
-31%
Median Home Value $723,358
31% less expensive than Toronto
Regent Park
Population 12,154
-30%
Median Home Value $730,109
30% less expensive than Toronto
Fashion District
Population 10,455
-30%
Median Home Value $731,480
30% less expensive than Toronto

Toronto neighborhoods

Neighborhood Neighborhood
Best Neighborhoods in Toronto for Singles Neighborhood Neighborhood
Best Neighborhoods in Toronto for Families Neighborhood Neighborhood
Safest Neighborhoods in Toronto Neighborhood Neighborhood
Most Dangerous Neighborhoods in Toronto Neighborhood Neighborhood
Most Affordable Neighborhoods in Toronto Neighborhood Neighborhood
Most Expensive Neighborhoods in Toronto
General
For Professionals
Follow Us
AV on Twitter AV on Facebook
© AreaVibes Inc. 2010-2026