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

The average rent for a 1-bedroom apartment in Toronto, ON is approximately $2,273, while a 2-bedroom apartment averages around $2,897.

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 is the best time to look for an apartment in Toronto, as it is the least competitive month with lower demand, potentially offering better deals compared to the high demand in July.

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

The best neighborhoods for social living include Cabbagetown and the University of Toronto area, while Islington-City Centre West and Parkdale are among the most in-demand areas.

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

Budget-conscious renters might consider Earlscourt, where rents are 24% lower than the city median, as well as Todmorden Village and Fairbanks, which also offer more affordable options.

Are there pet-friendly apartments in Toronto, ON?

Yes, Toronto is quite accommodating for pet owners, with over 67% of apartment listings being pet-friendly in some capacity.

Are utilities usually included in rent in Toronto, ON?

Utilities are included in about 14% of apartment listings in Toronto, so it's not the norm but available in some cases.

Luxury Apartments for Rent in Toronto, ON - 1,714 High End Rentals

Rent special

8h ago

9.4

Excellent

161-177 St George Street

161 St. George St, Toronto, ON M5R 2M3

Luxury | On-site laundry | Assigned parking

Studio–1 bed

1 bath

$1,730–$2,060

Apartment for rent

Top amenities

On-Site Laundry

Rent special

8h ago

8.8

Very good

1101 Bay

1101 Bay St, Toronto, ON M5S 2W8

Luxury | Walk-in closets | Swimming pool

Studio–2 beds

1 bath

$1,899–$3,599

Apartment for rent

Top amenities

Air Conditioning

Elevator

Garage Parking

On-Site Laundry

On-Site Management

Residents Lounge

8h ago

9.4

Excellent

The Torontonian

45 Dunfield Ave, Toronto, ON M4S 2H4

Luxury | Balcony | Walk-in closets

Studio–1 bed

1 bath

$1,810–$2,500

Apartment for rent

Available May 15

Top amenities

Dishwasher

Garage Parking

On-Site Laundry

Residents Lounge

Swimming Pool

Rent special

New construction

10h ago

9

Excellent

Bridge

1060 Eastern Ave, Toronto, ON M4L 0B8

Luxury | Fitness center | In-unit laundry

Studio–3 beds

1–2 baths

$1,950–$5,395

Apartment for rent

Top amenities

Garage Parking

In-Unit Laundry

On-Site Management

Residents Lounge

Storage

Wheelchair Accessible

10, 40 & 50 Carabob Court - Photo 1 of 1

Rent special

12h ago

8.8

Very good

10, 40 & 50 Carabob Court

10 Carabob Crt, Toronto, ON M1T 3N5

Luxury | Balcony | Walk-in closets

Studio–2 beds

1 bath

$1,695–$2,299

Apartment for rent

Top amenities

Fitness Center

Hardwood Floor

On-Site Laundry

On-Site Management

Residents Lounge

Wheelchair Accessible

Rent special

12h ago

8.8

Very good

145 St. George Street

145 St. George St, Toronto, ON M5R 2M1

Luxury | Balcony | Controlled access

Studio–2 beds

1 bath

$1,697–$2,497

Apartment for rent

Top amenities

Controlled Access

Elevator

On-Site Laundry

On-Site Management

Wheelchair Accessible

Rent special

12h ago

9.4

Excellent

Residences on Bloor

235 Bloor St E, Toronto, ON M4W 3Y3

Luxury | Swimming pool | Fitness center

Studio–2 beds

1 bath

$1,680–$3,320

Apartment for rent

Available Oct 25

Top amenities

EV Charging

Fitness Center

On-Site Laundry

Package Service

Residents Lounge

Swimming Pool

433-435 Sherbourne Street-Warrington Apartments - Photo 1 of 1

12h ago

8.8

Very good

433-435 Sherbourne Street-Warrington Apartments

433 Sherbourne St, Toronto, ON M4X 1K5

Luxury | Air conditioning | Garage parking

Studio–1 bed

1 bath

$1,500–$1,700

Apartment for rent

Top amenities

Air Conditioning

Hardwood Floor

On-Site Laundry

On-Site Management

Storage

The best of Zumper, delivered

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12h ago

8.8

Very good

120 Maitland Street

120 Maitland St, Toronto, ON M4Y 1E1

Luxury | On-site laundry | Hardwood floor

Studio–1 bed

1 bath

$1,500–$1,700

Apartment for rent

Top amenities

Hardwood Floor

On-Site Laundry

On-Site Management

Rent special

New construction

12h ago

9

Excellent

Toronto House

225 Adelaide St W, Toronto, ON M5H 0A7

Luxury | Swimming pool | Fitness center

Studio–3 beds

1–2 baths

$2,038–$3,825

Price drop

Apartment for rent

Top amenities

Central Heat

Dishwasher

Garage Parking

On-Site Laundry

On-Site Management

Residents Lounge

Rent special

12h ago

8.5

Very good

Novus

25 Ordnance St, Toronto, ON M6K 0E9

Luxury | Balcony | Walk-in closets

1–3 beds

1–4 baths

$2,295–$5,495

Apartment for rent

Top amenities

Central Heat

Controlled Access

Fitness Center

On-Site Laundry

On-Site Management

Wheelchair Accessible

Rent special

3D tour

12h ago

9.4

Excellent

Harrison

105 Harrison Garden Blvd, Toronto, ON M2N 0C3

Luxury | Balcony | Walk-in closets

1–2 beds

1–2 baths

$2,495–$3,350

Apartment for rent

Top amenities

Dishwasher

Fireplace

Fitness Center

In-Unit Laundry

On-Site Laundry

Residents Lounge

Sierra at Village Gate West - Photo 1 of 1

13h ago

9.2

Excellent

Sierra at Village Gate West

7 Summerland Terr, Toronto, ON M9A 0B6

Luxury | Fitness center | Elevator

Studio–2 beds

1–2 baths

$1,870–$3,075

Apartment for rent

Available Feb 1

Top amenities

Residents Lounge

Rent special

13h ago

8.8

Very good

The Cottingham Manor

291 Avenue Rd, Toronto, ON M4V 2G9

Luxury | Balcony | Controlled access

Studio–1 bed

1 bath

$1,700–$2,255

Apartment for rent

Top amenities

Central Heat

Controlled Access

Elevator

On-Site Laundry

On-Site Management

Storage

14h ago

9.4

Excellent

One32

132 Berkeley St, Toronto, ON M5A 0H6

Luxury | Balcony | Controlled access

Studio–2 beds

1 bath

$1,850–$2,985

Apartment for rent

Available Oct 1

Top amenities

Air Conditioning

Dishwasher

Garage Parking

On-Site Laundry

Storage

Wheelchair Accessible

16h ago

9.4

Excellent

Jazz

167 Church St, Toronto, ON M5B 1Y6

Luxury | Balcony | Fitness center

Studio–2 beds

1–2 baths

$1,940–$3,025

Apartment for rent

Available Oct 1

Top amenities

Dishwasher

In-Unit Laundry

On-Site Laundry

On-Site Management

Residents Lounge

Storage

Rent special

16h ago

8.5

Very good

45 Balliol Street

45 Balliol St, Toronto, ON M4S 1C3

Luxury | Balcony | Swimming pool

Studio–2 beds

1–2 baths

$1,750–$3,200

Apartment for rent

Top amenities

Assigned Parking

Dishwasher

Elevator

Garage Parking

On-Site Laundry

Storage

Rent special

3D tour

16h ago

8.5

Very good

225 Davisville Avenue

225 Davisville Ave, Toronto, ON M4S 1G9

Luxury | Balcony | Swimming pool

Studio–2 beds

1–2 baths

$1,799–$5,300

Apartment for rent

Top amenities

Assigned Parking

Dishwasher

Elevator

On-Site Laundry

Swimming Pool

Rent special

3D tour

16h ago

9.1

Excellent

44 Charles West

44 Charles St W, Toronto, ON M4Y 1R7

Luxury | Walk-in closets | Swimming pool

Studio–2 beds

1–2 baths

$2,375–$7,295

Apartment for rent

Top amenities

Air Conditioning

Central Heat

Concierge Service

Elevator

On-Site Laundry

Residents Lounge

Rent special

3D tour

16h ago

9.4

Excellent

Lillian Park

44 Lillian St, Toronto, ON M4S 0B7

Luxury | Balcony | Swimming pool

1–2 beds

1–2 baths

$2,245–$3,200

Apartment for rent

Top amenities

Business Center

Garage Parking

In-Unit Laundry

Swimming Pool

Rent special

23h ago

9.1

Excellent

Richmond Place

798 Richmond St W, Toronto, ON M6J 3P3

Luxury | Controlled access | Air conditioning

Studio–1 bed

1 bath

$1,450–$1,875

Price drop

Apartment for rent

Top amenities

Controlled Access

Dishwasher

On-Site Laundry

Storage

Wheelchair Accessible

Rent special

23h ago

9.1

Excellent

320-342 Avenue Road

342 320-342 Avenue Road, Toronto, ON M4V 2H4

Luxury | Garage parking | Assigned parking

Studio–1 bed

1 bath

$1,650–$1,942

Apartment for rent

Available Jun 29

Top amenities

Hardwood Floor

Rent special

1d ago

9

Excellent

Liberty House

15 Solidarity Way, Toronto, ON M6K 0G8

Luxury | Walk-in closets | Swimming pool

Studio–2 beds

1–2 baths

$1,908–$3,508

Apartment for rent

Available Jan 7

Top amenities

Controlled Access

Fitness Center

In-Unit Laundry

On-Site Management

Package Service

Swimming Pool

Rent special

1d ago

8.7

Very good

FourFifty The Well

450 Front St W, Toronto, ON M5V 0V7

Luxury | Balcony | Air conditioning

Studio–2 beds

1–2 baths

$2,238–$4,176

Apartment for rent

Available Apr 1

Rent special

1d ago

9.4

Excellent

35 Walmer Road

35 Walmer Rd, Toronto, ON M5R 2X3

Luxury | Balcony | Air conditioning

Studio–2 beds

1 bath

$1,713–$3,024

Price drop

Apartment for rent

Available May 15

Top amenities

Air Conditioning

Dishwasher

Elevator

Garage Parking

On-Site Laundry

Rent special

1d ago

8.5

Very good

eCentral

15 Roehampton Ave, Toronto, ON M4P 0C2

Luxury | Fitness center | In-unit laundry

Studio–1 bed

1–2 baths

$1,945–$2,547

Price drop

Apartment for rent

Top amenities

Concierge Service

In-Unit Laundry

On-Site Management

Package Service

Residents Lounge

Rent special

2d ago

8.5

Very good

1150/1200 Kingston Road

1150/1200 Kingston Road, Toronto, ON M1C 1K7

Luxury | Balcony | Controlled access

Studio–2 beds

1 bath

$1,569–$2,599

Apartment for rent

Top amenities

Dishwasher

On-Site Laundry

On-Site Management

Rent special

2d ago

8.5

Very good

Weston Road

2304 Weston Rd, Toronto, ON M9N 1Z3

Luxury | Balcony | On-site laundry

1–3 beds

1 bath

$1,949–$2,949

Price drop

Apartment for rent

Top amenities

Elevator

On-Site Laundry

Rent special

2d ago

9

Excellent

Widdicombe Place

53 Widdicombe Hill Blvd, Toronto, ON M9R 1Y3

Luxury | Walk-in closets | Swimming pool

1–2 beds

1–2 baths

$3,190–$3,630

Apartment for rent

Top amenities

Concierge Service

Dishwasher

Hardwood Floor

In-Unit Laundry

On-Site Laundry

Swimming Pool

Rent special

2d ago

8.8

Very good

196 Eglinton Avenue East

196 Eglinton Ave E, Toronto, ON M4P 1K2

Luxury | In-unit laundry | On-site laundry

Studio–1 bed

1 bath

$1,677–$2,077

Apartment for rent

Top amenities

In-Unit Laundry

On-Site Laundry

Rent special

3D tour

2d ago

9.2

Excellent

400 Walmer Road

400 Walmer Rd, Toronto, ON M5P 2X7

Luxury | Hardwood floor

Studio–2 beds

1 bath

$2,010–$2,950

Apartment for rent

Rent special

3d ago

8.8

Very good

310-312 LONSDALE RD

312 310-312 Lonsdale Rd, Toronto, ON M4V 1X4

Luxury | Walk-in closets | On-site laundry

Studio–2 beds

1 bath

$1,699–$2,399

Apartment for rent

Top amenities

Hardwood Floor

On-Site Laundry

Rent special

3d ago

8.5

Very good

50 Spadina Road

50 Spadina Rd, Toronto, ON M5R 2P1

Luxury | Fitness center | Air conditioning

1–2 beds

1–2 baths

$2,743–$4,224

Apartment for rent

Top amenities

Dishwasher

Elevator

On-Site Management

Birch House at Canary Landing - Photo 1 of 1

New construction

3d ago

8.6

Very good

Birch House at Canary Landing

100 Mill St, Toronto, ON M5A 0Y1

Luxury | Swimming pool | Fitness center

1–3 beds

1–3 baths

$2,310–$4,686

Price drop

Apartment for rent

Top amenities

Dishwasher

Furnished

In-Unit Laundry

On-Site Laundry

On-Site Management

Residents Lounge

Rent special

3D tour

3d ago

9.1

Excellent

Velocity at the Square

252 Victoria St, Toronto, ON M5B 1V8

Luxury | Balcony | Fitness center

Studio–2 beds

1–2 baths

$1,900–$3,250

Apartment for rent

Available Jun 1

Top amenities

Dishwasher

Garage Parking

Hardwood Floor

On-Site Laundry

On-Site Management

Storage

3d ago

9.4

Excellent

The Ivy

8 Gloucester St, Toronto, ON M4Y 0H8

Luxury | Balcony | Walk-in closets

Studio–3 beds

1–2 baths

$2,769–$5,028

Price drop

Apartment for rent

Available Dec 15

Top amenities

Fitness Center

Garage Parking

In-Unit Laundry

On-Site Laundry

Storage

Wheelchair Accessible

3D tour

3d ago

9

Excellent

Balliol Park

118 Balliol St, Toronto, ON M4S 0A9

Luxury | Balcony | Swimming pool

Studio–2 beds

1–2 baths

$2,090–$3,515

Apartment for rent

Available May 31

Top amenities

Fitness Center

In-Unit Laundry

3d ago

9.3

Excellent

The Taylor

57 Spadina Ave, Toronto, ON M5V 0T9

Luxury | Balcony | Walk-in closets

1–3 beds

1–2 baths

$2,796–$5,007

Price drop

Apartment for rent

Top amenities

Air Conditioning

Elevator

EV Charging

Garage Parking

On-Site Laundry

Swimming Pool

Rent special

3d ago

9.4

Excellent

The Selby

25 Selby St, Toronto, ON M4Y 0E6

Luxury | Balcony | Walk-in closets

1–3 beds

1–2 baths

$2,258–$4,421

Apartment for rent

Available Nov 28

Top amenities

Controlled Access

EV Charging

In-Unit Laundry

On-Site Laundry

On-Site Management

Residents Lounge

Rent special

3d ago

8.8

Very good

55 Livingston Road

55 Livingston Rd, Toronto, ON M1E 1K9

Luxury | Balcony | Walk-in closets

1–3 beds

1–2 baths

$1,999–$5,100

Apartment for rent

Top amenities

Carpet

Controlled Access

Dishwasher

Elevator

Hardwood Floor

On-Site Management

Rent special

3d ago

8.8

Very good

25 St. Mary Street

25 St Mary St, Toronto, ON M4Y 1R2

Luxury | Balcony | Fitness center

Studio–2 beds

1 bath

$1,747–$2,597

Apartment for rent

Top amenities

Central Heat

Fitness Center

Garage Parking

Hardwood Floor

On-Site Laundry

Wheelchair Accessible

Rent special

3d ago

8.8

Very good

109 Jameson Avenue

109 Jameson Ave, Toronto, ON M6K 2X2

Luxury | Balcony | Controlled access

Studio–2 beds

1 bath

$1,637–$2,457

Apartment for rent

Top amenities

Controlled Access

Dishwasher

Elevator

On-Site Laundry

On-Site Management

3d ago

9.4

Excellent

730 St. Clarens

730 Saint Clarens Ave, Toronto, ON M6H 4E8

Luxury | Balcony | In-unit laundry

Studio–2 beds

1 bath

$1,300–$2,350

Apartment for rent

Top amenities

Controlled Access

Elevator

In-Unit Laundry

On-Site Laundry

3D tour

3d ago

9.4

Excellent

40 & 60 Pleasant Blvd

40 Pleasant Blvd, Toronto, ON M4T 1J9

Luxury | Balcony | Swimming pool

Studio–2 beds

1–2 baths

$1,737–$3,297

Apartment for rent

Available Oct 1

Top amenities

Controlled Access

Garage Parking

Hardwood Floor

On-Site Laundry

Swimming Pool

Wheelchair Accessible

3d ago

9.4

Excellent

169 St George

169 St. George St, Toronto, ON M5R 2M4

Luxury | Balcony | In-unit laundry

Studio–1 bed

1 bath

$1,995–$2,295

Apartment for rent

Available Jul 1

Top amenities

Hardwood Floor

In-Unit Laundry

On-Site Laundry

On-Site Management

Rent special

3D tour

4d ago

9

Excellent

Vivere

65 Lillian St, Toronto, ON M4S 0A1

Luxury | Garage parking

1–2 beds

1–2 baths

$2,220–$3,250

Apartment for rent

117 Old Forest Hill Road & 725 Eglinton Avenue West - Photo 1 of 1

Rent special

4d ago

8.8

Very good

117 Old Forest Hill Road & 725 Eglinton Avenue West

725 Eglinton Ave W, Toronto, ON M5N 1C7

Luxury | Balcony | Garage parking

Studio–1 bed

1 bath

$1,597–$1,897

Apartment for rent

Top amenities

Garage Parking

On-Site Laundry

On-Site Management

Rent special

4d ago

8.5

Very good

20 Monte Kwinter

20 Monte Kwinter Crt, Toronto, ON M3H 0E1

Luxury | Swimming pool | Fitness center

Studio–2 beds

1–2 baths

$1,700–$2,733

Apartment for rent

Top amenities

Dishwasher

Elevator

EV Charging

Fitness Center

In-Unit Laundry

On-Site Laundry

Rent special

4d ago

8.8

Very good

221 & 265 Balliol Street

265 Chequers Place East, Toronto, ON M4S 1C9

Luxury | Balcony | Walk-in closets

Studio–1 bed

1 bath

$1,675–$1,925

Apartment for rent

Top amenities

Dishwasher

Garage Parking

Hardwood Floor

On-Site Laundry

Residents Lounge

Swimming Pool

Rent special

4d ago

8.8

Very good

20 Chichester Place

20 Chichester Pl, Toronto, ON M1T 1G6

Luxury | Balcony | Walk-in closets

1–2 beds

1 bath

$1,899–$2,375

Apartment for rent

Top amenities

Elevator

Hardwood Floor

On-Site Laundry

On-Site Management

Storage

Swimming Pool

🔑Available apartment rentals	1,714
💰Best rent deal	730 Saint Clarens Ave
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