Cheapest Cities in the Toronto GTA and Southern Ontario

Hamilton: A Growing City with Affordable Housing

Hamilton is one of the more affordable cities in the Toronto GTA. Situated just an hour's drive from Toronto, Hamilton provides a good mix of city life and nature, with easy access to parks, waterfalls, and cultural sites. Rent for a one-bedroom apartment typically ranges from $1,500 to $1,800 per month, which is significantly lower than in Toronto. The city has a growing arts scene, lively neighborhoods, and a variety of restaurants.

Pros:

• Lower rental and home prices than Toronto.
• Proximity to nature and recreational activities.
• Good public transit options, including GO train service to Toronto.

Cons:

• Certain areas have higher crime rates.
• Traffic congestion during peak hours.

St. Catharines: Affordable Living in the Niagara Region

St. Catharines, located in the Niagara Region, is known for its affordable housing options and beautiful scenery. Rent for a one-bedroom apartment can range from $1,500 to $2,200, making it an attractive option for those looking for a more relaxed lifestyle without sacrificing amenities. The city offers a range of outdoor activities, vineyards, and easy access to Niagara Falls.

Pros:

• Lower cost of living compared to the GTA.
• Scenic environment with parks and outdoor activities.
• Good options for dining and local entertainment.

Cons:

• Limited job opportunities compared to larger cities.
• Longer commute times if working in Toronto.

Oshawa: A Suburban Option with Competitive Prices

Oshawa, situated in the Durham Region, is another affordable option close to Toronto. Rent for a one-bedroom apartment typically falls between $1,050 and $2,300. The city has a strong sense of community, parks, and educational institutions, making it an appealing place for families. Oshawa also benefits from good public transit, including GO train connections, allowing for easier commuting.

Pros:

• Affordable rental and home prices.
• Family-friendly atmosphere with schools and community centers.
• Good connectivity to Toronto via GO Transit.

Cons:

• Some areas have limited nightlife and shopping options.
• Certain neighborhoods may have higher crime rates.

Brantford: Small-Town Living with Big Savings

Brantford, located about an hour and a half from Toronto, offers some of the most affordable housing in Southern Ontario. Rent for a one-bedroom apartment ranges from $1,500 to $2,000. Known for its rich history and quiet environment, Brantford is perfect for those who prefer a slower pace of life. The city has parks, cultural spots, and local shops to enjoy.

Pros:

• Significantly lower rental costs.
• A quiet, family-oriented community.
• Historical landmarks and local attractions.

Cons:

• Limited public transportation options.
• Longer commute times to major cities like Toronto.

Kitchener-Waterloo: Affordable and Thriving Tech Hub

Kitchener-Waterloo is not only known for its technology and startup scene but also for its relatively lower housing prices compared to Toronto. Rent for a one-bedroom apartment typically falls between $1,400 and $2,500. The area has a blend of urban and suburban living, with parks, universities, and a variety of job opportunities in the tech industry.

Pros:

• Thriving job market, especially in tech.
• A good mix of urban and suburban living.
• Strong sense of community and local events.

Cons:

• Higher rental prices compared to more remote areas.
• Traffic congestion can be an issue during peak times.

Barrie: Budget-Friendly with Access to Outdoor Activities

Barrie, located on the shores of Lake Simcoe, is a great option for those who want affordable housing and a good quality of life. Rent for a one-bedroom apartment ranges from $1,700 to $2,800. The city offers outdoor activities like boating and hiking, and its growing infrastructure has led to more amenities and services. Barrie is also connected to Toronto via GO train service, making commuting possible.

Pros:

• Lower rent and home prices compared to the GTA.
• Plenty of outdoor activities and lake access.
• Growing infrastructure and amenities.

Cons:

• Longer commute times to Toronto.
• Limited entertainment and cultural venues compared to larger cities.

London: Affordable and Diverse Community

London, Ontario, located about two hours from Toronto, is known for its affordability and diverse community. The rent for a one-bedroom apartment is between $1,500 and $2,800, making it an attractive option for individuals and families looking for budget-friendly living. London has a range of educational institutions, parks, and healthcare facilities, making it an ideal place for students and families alike.

Pros:

• Affordable rental and real estate prices.
• Diverse community with cultural events and festivals.
• Access to good educational institutions and healthcare.

Cons:

• Distance from Toronto may not be ideal for daily commuting.
• Fewer job opportunities compared to the Toronto area.