It's just as bad or worse downtown. I rent in Liberty Village (paying a blessed 300 dollars a month below market and crossing my fingers it stays that way for n

It's just as bad or worse downtown. I rent in Liberty Village (paying a blessed 300 dollars a month below market and crossing my fingers it stays that way for now), and around here studio units can start in the mid 500's. The larger units easily run upwards of 2 - 4 million dollars if you go for the trendier, older buildings like the old Irwin Toy factory. Rents are feeling it as well. I think the numbers just came out yesterday or today and an average 1 bed is about $1950. I've seen one bedrooms rent in this neighbourhood for upwards of $4000 a month -- again for the trendier buildings. And this is by no means the upper limit. I remember approximately 2 years ago, when the average attached houses in the downtown were ~600k (usually 2 or 3 bed, kitchen, living, dining, basement, yard, garage). They hardly exist for anything less than 950k Back then the average 1 bed rented for 1200 - 1500 a month. That's a long lost dream now.