How much is the average rent in Toronto, ON for 1-bedroom and 2-bedroom apartments?

Toronto's 2025 rental market shows 1-bedroom apartments averaging around $2,200 per month, while 2-bedroom units average around $2,800 monthly. These figures represent the current pricing across Canada's largest city, where 1-bedroom apartments make up 44% of available listings and 2-bedrooms account for 33% of the rental market.

Are rents going up or down in Toronto, ON?

Rents in Toronto have been decreasing, with average prices dropping by about 4.6%. The average cost of a 1-bedroom has decreased by 2.1%, and 2-bedrooms have dropped by 3.1%.

When is the best time to look for an apartment in Toronto, ON?

December offers the best timing for apartment hunting in Toronto, featuring both the lowest seasonal rents and reduced competition among renters. April sees the highest rent with approximately a 4% difference from December pricing, while August and July bring the most competitive rental market with higher demand relative to available inventory.

What are the best neighborhoods to rent an apartment in Toronto, ON?

Bay Street Corridor, East Bayfront, and Saint Lawrence offer vibrant social scenes with high walk scores and excellent transit access for urban connectivity. For environmentally conscious renters, Baby Point, Glen Park, and Crescent Town provide comprehensive sustainability features including community solar projects, rainwater harvesting, and car-free living support.

What areas of Toronto, ON are best for budget-conscious renters?

The Junction provides excellent value with 1-bedroom apartments averaging around $1,600 monthly, representing 26% below the city median. Mount Dennis offers another affordable option at around $1,700 per month, 21% under the median rate, while Malvern features median rents around $1,600.

Are there pet-friendly apartments in Toronto, ON?

Toronto's rental market is highly accommodating to pet owners, with 75% of listings offering pet-friendly policies. This reflects the city's renter-friendly approach to companion animals across its strong selection of approximately 8,283 available rental listings per month.

Are utilities usually included in rent in Toronto, ON?

Utilities are rarely included in Toronto rental prices, appearing in less than 1% of listings across all apartment sizes. Studios, 1-bedrooms, 2-bedrooms, and 3-bedrooms each show utilities included in approximately 0.03% to 0.04% of available units, making separate utility payments the standard expectation.

Cheap Apartments for Rent in Toronto, ON - 1,555 Rentals from $749

19h ago

8.9

Very good

Homewood Rooming

9 - 9 Homewood Ave, Toronto, ON M4Y 2J7

Affordable | On-site management | Hardwood floor

Studio

1 bath

$749

Apartment for rent

Top amenities

On-Site Management

5d+ ago

Cheap Scarborough Junction house for rent in Toronto

979 Danforth Rd, Toronto, ON M1K 1J3

Affordable | In-unit laundry | Storage

6 beds

2 baths

$770

House for rent

Top amenities

In-Unit Laundry

On-Site Laundry

Yonge-Eglinton Apartments Co-Living - Photo 1 of 1

1d ago

7.9

Very good

Yonge-Eglinton Apartments Co-Living

411 Duplex Ave, Toronto, ON M4R 1V2

Affordable | Swimming pool | Elevator

1 bed

1 bath

$789

Apartment for rent

5d+ ago

Cheap South Annex apartment for rent in Toronto

418 College Street, Toronto, ON M5T 1T3

Affordable | Central heat | Air conditioning

1 bed

1 bath

$850

Apartment for rent

Available Mar 26

Top amenities

Air Conditioning

5d+ ago

Cheap Morningside house for rent in Toronto

4 Silversand Place, Toronto, ON M1E 4J1

Affordable | In-unit laundry | Assigned parking

1 bed

1 bath

$850

House for rent

Available Apr 1

Top amenities

Air Conditioning

Central Heat

Hardwood Floor

High Ceilings

In-Unit Laundry

Swimming Pool

5d+ ago

Cheap Clairlea apartment for rent in Toronto

4 Camilla Crescent - 3

4 Camilla Cres #3, Toronto, ON M1L 1Z1

Affordable

1 bed

1 bath

$975

Apartment for rent

Available Jun 1

4d ago

Cheap Garden District condo for rent in Toronto

Affordable | In-unit laundry | Dishwasher

2 beds

1 bath

$1,000

Condo for rent

Available Jul 3

Top amenities

Central Heat

Concierge Service

Fitness Center

Furnished

In-Unit Laundry

Wheelchair Accessible

Danforth Ave & Pape Ave #203 - Photo 1 of 1

5d+ ago

Cheap Riverdale house for rent in Toronto

Danforth Ave & Pape Ave #203, Toronto, ON M4K 3T7

Affordable | Hardwood floor | Central heat

3 beds

2 baths

$1,000

House for rent

Available May 5

Top amenities

Central Heat

Furnished

High Ceilings

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Queen St E & Woodbine Ave - Photo 1 of 1

5d+ ago

Cheap The Beaches apartment for rent in Toronto

Queen St E & Woodbine Ave, Toronto, ON M4L 3S7

Affordable | In-unit laundry | Storage

1 bed

1 bath

$1,025

Apartment for rent

Available May 15

Top amenities

Central Heat

Furnished

In-Unit Laundry

On-Site Laundry

On-Site Management

Storage

2294 Lake Shore Blvd W #102 - Photo 1 of 1

5d+ ago

Cheap Mimico apartment for rent in Toronto

2294 Lake Shore Boulevard West - Room 102

2294 Lake Shore Blvd W #102, Toronto, ON M8V 1B4

Affordable | In-unit laundry | Central heat

5 beds

2 baths

$1,050

Apartment for rent

Available Jun 1

Top amenities

Air Conditioning

Central Heat

Housekeeping

In-Unit Laundry

Microwave

On-Site Laundry

16h ago

Cheap Woburn apartment for rent in Toronto

15 Shawford Crescent - 3

15 Shawford Cres #3, Toronto, ON M1G 1V7

Affordable

1 bed

1 bath

$1,250

$1,125

Price drop

Apartment for rent

Available Jul 1

5d+ ago

Cheap The Annex apartment for rent in Toronto

9 Albany Avenue, Toronto, ON M5R 3C2

Affordable | Carpet | Furnished

1 bed

1 bath

$1,149

Apartment for rent

Available May 4

685 Greenwood Avenue #BSMT - Photo 1 of 1

5d+ ago

Cheap East Danforth house for rent in Toronto

Affordable

1 bed

1 bath

$1,199

House for rent

Available May 1

5d+ ago

Cheap East Danforth apartment for rent in Toronto

408 Strathmore Boulevard, Toronto, ON M4C 1N5

Affordable | On-site laundry | Central heat

1 bed

1 bath

$1,199

Apartment for rent

Available Apr 15

Top amenities

On-Site Laundry

Don Mills Rd. & Sheppard Ave E #41 - Photo 1 of 1

5d+ ago

Cheap Henry Farm townhouse for rent in Toronto

Don Mills Rd. & Sheppard Ave E #41, Toronto, ON M2J 1Z2

Affordable | In-unit laundry | Carpet

5 beds

2 baths

$1,200

House for rent

Available Nov 1

Top amenities

Air Conditioning

Furnished

Hardwood Floor

In-Unit Laundry

Warden Ave. & Lawrence Ave E #Bmt-N - Photo 1 of 1

5d+ ago

Cheap Wexford apartment for rent in Toronto

Warden Ave. & Lawrence Ave E #Bmt-N, Toronto, ON M1R 2P6

Affordable | In-unit laundry | Assigned parking

2 beds

1 bath

$1,275

Apartment for rent

Available May 15

Top amenities

Air Conditioning

Central Heat

In-Unit Laundry

On-Site Laundry

5d+ ago

Cheap Earlscourt house for rent in Toronto

117 Earlscourt Avenue #B, Toronto, ON M6E 4A8

Affordable | Central heat | Air conditioning

1 bed

1 bath

$1,295

House for rent

Available Jul 1

3d ago

Cheap L'Amoreaux apartment for rent in Toronto

5 Eastlea Crescent, Toronto, ON M1T 3A5

Affordable | In-unit laundry | Storage

1 bed

1 bath

$1,300

Apartment for rent

Available Jun 1

Top amenities

Air Conditioning

Central Heat

Furnished

In-Unit Laundry

On-Site Laundry

Residents Lounge

5d+ ago

Cheap Riverdale house for rent in Toronto

462 Pape Avenue, Toronto, ON M4K 3P7

Affordable | Central heat

1 bed

1 bath

$1,300

House for rent

Available May 15

5d+ ago

Cheap Niagara apartment for rent in Toronto

720 Richmond Street West, Toronto, ON M6J 1C5

Affordable | On-site laundry | Dishwasher

1 bed

1 bath

$1,350

Apartment for rent

Available May 10

Top amenities

Air Conditioning

Dishwasher

Hardwood Floor

High Ceilings

On-Site Laundry

On-Site Management

3664 Saint Clair Avenue East - Photo 1 of 1

3h ago

Cheap Cliffcrest apartment for rent in Toronto

3664 Saint Clair Avenue East, Toronto, ON M1M 1T2

Affordable | On-site laundry | Storage

1 bed

1 bath

$1,500

$1,400

Price drop

Apartment for rent

Available Jun 1

Top amenities

Central Heat

On-Site Laundry

Sheppard Ave E & Markham Rd - Photo 1 of 1

1d ago

Cheap Malvern apartment for rent in Toronto

Sheppard Ave E & Markham Rd, Toronto, ON M1B 1R3

Affordable | In-unit laundry | Hardwood floor

2 beds

1 bath

$1,400

Apartment for rent

Available Jun 1

Top amenities

In-Unit Laundry

Littles Rd & Morningview Trail #B1 - Photo 1 of 1

3d ago

Cheap apartment for rent in Toronto

Littles Rd & Morningview Trail #Bsmt 2, Toronto, ON

Littles Rd & Morningview Trail #B1, Toronto, ON M1B 5A8

Affordable | On-site laundry | Carpet

1 bed

1 bath

$1,400

Apartment for rent

Available May 15

Top amenities

Ceiling Fan

Central Heat

Furnished

Hardwood Floor

On-Site Laundry

5d+ ago

Cheap Kensington townhouse for rent in Toronto

Affordable | On-site laundry | Hardwood floor

1 bed

1 bath

$1,400

House for rent

Available Jul 1

Top amenities

Central Heat

Hardwood Floor

On-Site Laundry

Roof Deck

Kingston Rd & Overture Rd - Photo 1 of 1

5d+ ago

Cheap West Hill house for rent in Toronto

Kingston Rd & Overture Rd, Toronto, ON M1E 2W5

Affordable | In-unit laundry | Assigned parking

1 bed

1 bath

$1,400

House for rent

Available May 1

Top amenities

Assigned Parking

In-Unit Laundry

4h ago

Cheap Oakwood - Vaughn apartment for rent in Toronto

50 Alameda Avenue

Alameda Avenue, Toronto, ONTARIO M6C 3W2

Affordable

1 bed

1 bath

$1,450

Apartment for rent

1d ago

8.9

Very good

Seacomber Apartments

95 Twenty Fifth St, Toronto, ON M8V 3P9

Affordable

1 bed

1 bath

$1,450

Apartment for rent

63 Blackthorn Avenue #101 - Photo 1 of 1

5d+ ago

Cheap Earlscourt apartment for rent in Toronto

63 Blackthorn Avenue #101, Toronto, ON M6N 3H4

Affordable | On-site laundry | Central heat

1 bed

1 bath

$1,450

Apartment for rent

Available May 4

Top amenities

Air Conditioning

Furnished

High Ceilings

On-Site Laundry

5d+ ago

Cheap Keelesdale house for rent in Toronto

16 Yarrow Road, Toronto, ON M6M 4E1

Affordable | Central heat | Air conditioning

1 bed

1 bath

$1,450

House for rent

Available Apr 24

16 Montrose Avenue #Lower - Photo 1 of 1

5d+ ago

Cheap Little Italy apartment for rent in Toronto

16 Montrose Avenue #Lower, Toronto, ON M6J 2T7

Affordable | On-site laundry | Storage

1 bed

1 bath

$1,450

Apartment for rent

Available Apr 20

Top amenities

Air Conditioning

Central Heat

On-Site Laundry

Rushton Rd & Maplewood Ave - Photo 1 of 1

5d+ ago

Cheap Humewood apartment for rent in Toronto

Rushton Rd & Maplewood Ave, Toronto, ON M6C 1K2

Affordable | On-site laundry | Central heat

1 bed

1 bath

$1,450

Apartment for rent

Available Jun 1

Top amenities

On-Site Laundry

160, 170, 180 and 200 Chalkfarm Dr. - Photo 1 of 1

Rent special

14h ago

9.2

Excellent

160, 170, 180 and 200 Chalkfarm Dr.

160 Chalkfarm Dr, Toronto, ON M3L 2J1

Affordable | On-site laundry | Garage parking

Studio–3 beds

1 bath

$1,500–$2,875

Apartment for rent

Top amenities

Garage Parking

On-Site Laundry

5d+ ago

Cheap L'Amoreaux apartment for rent in Toronto

32 Darnborough Way, Toronto, ON M1W 2G1

Affordable | On-site laundry | Assigned parking

2 beds

1 bath

$1,500

Apartment for rent

Available Jun 1

Top amenities

Central Heat

Dishwasher

On-Site Laundry

Rent special

19h ago

8.8

Very good

448 & 464 Spadina Road

448 Spadina Rd, Toronto, ON M5P 2W4

Affordable | Assigned parking | Dishwasher

Studio–2 beds

1 bath

$1,515–$2,195

Apartment for rent

23h ago

9.3

Excellent

Verbana Apartments

10 Chichester Pl, Toronto, ON M1T 1G5

Affordable | On-site laundry | Garage parking

1–2 beds

1 bath

$1,525–$2,200

Price drop

Apartment for rent

Available Apr 1

Top amenities

Elevator

On-Site Laundry

16h ago

Cheap Clairlea apartment for rent in Toronto

4 Camilla Crescent - 2

4 Camilla Cres #2, Toronto, ON M1L 1Z1

Affordable

2 beds

1 bath

$1,550

Apartment for rent

Available Jun 1

16h ago

Cheap Woburn apartment for rent in Toronto

103 Pandora Circle - Unit 2

103 Pandora Cir #2, Toronto, ON M1H 1V8

Affordable

2 beds

1 bath

$1,550

Apartment for rent

Available Jun 1

4d ago

8.8

Very good

Valencia Towers

6020 Bathurst St, Toronto, ON M2R 1Z8

Affordable | On-site laundry | Dishwasher

1–3 beds

1–2 baths

$1,569–$2,549

Apartment for rent

Top amenities

EV Charging

Fitness Center

On-Site Laundry

On-Site Management

Rent special

4d ago

9.4

Excellent

460 Eglinton Avenue East

460 Eglinton Ave E, Toronto, ON M4P 1M3

Affordable | On-site laundry | Garage parking

1–2 beds

1 bath

$1,570–$1,960

Price drop

Apartment for rent

Top amenities

On-Site Laundry

5d+ ago

Cheap Silverthorn apartment for rent in Toronto

394 Kane Ave #LOWER, Toronto, ON M6M 3P4

Affordable | Outdoor space

2 beds

0 baths

$1,590

Apartment for rent

Available Apr 1

Rent special

20m ago

9.4

Excellent

3000 Victoria Park Ave

3000 Victoria Park Ave, Toronto, ON M2J 4Y2

Affordable | On-site laundry | Garage parking

Studio–3 beds

1–2 baths

$1,600–$2,500

Apartment for rent

Available Jul 1

Top amenities

Garage Parking

Hardwood Floor

On-Site Laundry

16h ago

Cheap Topham Park apartment for rent in Toronto

1 Vicross Road - Unit 2

1 Vicross Rd #2, Toronto, ON M4B 3K7

Affordable | Outdoor space

2 beds

1 bath

$1,600

Apartment for rent

Available Jul 1

16h ago

Cheap Bendale apartment for rent in Toronto

32 Durrington Crescent - 2

32 Durrington Cres #2, Toronto, ON M1P 4G5

Affordable

2 beds

1 bath

$1,600

Apartment for rent

Available Jun 1

414 Jarvis Street, Toronto - Photo 1 of 1

19h ago

8.9

Very good

414 Jarvis Street, Toronto

414 Jarvis St, Toronto, ON M4Y 3C2

Affordable | Garage parking | Hardwood floor

1–2 beds

1 bath

$1,600–$1,750

Apartment for rent

5d+ ago

Cheap Clairlea house for rent in Toronto

1 Southmead Rd, Toronto, ON M1L 2H7

Affordable | On-site laundry | Assigned parking

2 beds

1 bath

$1,600

House for rent

Available May 13

Top amenities

On-Site Laundry

5d+ ago

Cheap Brookhaven - Amesbury house for rent in Toronto

638 Trethewey Drive, Toronto, ON M6M 4C3

Affordable | In-unit laundry | Storage

2 beds

1 bath

$1,600

House for rent

Available May 1

Top amenities

Central Heat

Hardwood Floor

In-Unit Laundry

On-Site Laundry

Storage

5d+ ago

Cheap Malvern apartment for rent in Toronto

29 Tillbrook Court - 3 ( 2 Bedroom )

29 Tillbrook Crt #3, Toronto, ON M1B 1N5

Affordable

2 beds

1.5 baths

$1,600

Apartment for rent

Available Jul 1

5d+ ago

Verified

263 Dundas Street East, Toronto, ON M5A 1Z8

Affordable | High ceilings

2 beds

1 bath

$1,600

Apartment for rent

Available Apr 15

5d+ ago

Cheap Bendale house for rent in Toronto

1 Lyon Heights Road - Unit...

1 Lyon Heights Rd #2, Toronto, ON M1P 3V6

Affordable

2 beds

1 bath

$1,600

House for rent

Available Apr 1

16h ago

Cheap Woburn apartment for rent in Toronto

81 Pandora Circle - 2

81 Pandora Cir #2, Toronto, ON M1H 1V6

Affordable

2 beds

1 bath

$1,800

$1,625

Price drop

Apartment for rent

Available Jun 1

💸Lowest price	$749
🔑Available apartment rentals	1,555
💰Best rent deal	9 - 9 Homewood Ave
✨Popular amenities	, ,
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