The price of a detached home is out of reach for most. Minuscule condos cost an arm and a leg, rentals are becoming increasingly unaffordable, and hotels seem to cater to high rollers.

So where can a person on a budget lay their head in Toronto without digging themselves into insurmountable debt?

How about the back of an SUV?

That’s right for a measly $15 a night, or $311 a month, you can rent an SUV in downtown Toronto’s distillery district and sleep in the trunk.

The Airbnb posting reads: Live in the “trunk” of my Mercedes SUV in the hot, usually expensive Historic Distillery District, also called “Corktown” of downtown Toronto a few steps from Lake Ontario, Sugar Beach, gorgeous park lands, trails, dining, shopping, entertainment and more.

The back of this SUV is up for rent on Airbnb for $15 a night/Airbnb/Russell

This is the vehicle available for rent/Airbnb/Russell

The poster adds that the vehicle is parked on a “safe, quiet street” and includes a thick foam double bed mattress that sleeps up to two people.

There’s even curtains for privacy if you’re inclined to test the vehicle’s suspension.

Of course you’ll have to walk to find a washroom, but a burst bladder is a small price to pay for such gargantuan savings.

The “apartment” is stationary, but may be available to drive at an extra cost.

But is it legal? According to the City, zoning bylaws that target living/sleeping in vehicles only apply to property that can be bought and sold, including driveways and parking lots, but not to public streets. Police also say it’s within the law, as long as the vehicle isn’t running, or parked in a prohibited location.

Would you sleep in the back of an SUV to save money? Let us know in the comments section below, or on our Facebook and Twitter pages.