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.

Short Term Apartments for Rent in Toronto, ON - Furnished and Monthly Rentals

2h ago

9.9

Excellent

Verified

18 Yonge Street

18 Yonge St, Toronto, ON M5E 1Z8

Short term | Furnished | Air conditioning

3 beds

2 baths

$12,006

Price drop

Apartment for rent

Top amenities

Air Conditioning

Elevator

Furnished

Microwave

Oven

Wi-Fi

2h ago

9.5

Excellent

Verified

462 Front Street West

21 Iceboat Terr, Toronto, ON M5V 4A9

Short term | In-unit laundry | Furnished

2 beds

1 bath

$6,270

Apartment for rent

Top amenities

Central Heat

Dishwasher

Furnished

Microwave

TV

Wi-Fi

2h ago

9.6

Excellent

Verified

155 Yorkville Avenue

155 Yorkville Ave, Toronto, ON M5R 0B4

Short term | In-unit laundry | Furnished

2 beds

2 baths

$9,204

Condo for rent

Top amenities

Central Heat

Dishwasher

Elevator

In-Unit Laundry

TV

Wi-Fi

9h ago

Verified

330 Lansdowne Ave, Toronto, ON M6H 3Y1

Short term | In-unit laundry | Furnished

1 bed

1 bath

$3,416

Apartment for rent

Top amenities

Central Heat

Furnished

In-Unit Laundry

Microwave

TV

Wi-Fi

9h ago

Verified

233 Saint Clarens Ave, Toronto, ON M6H 3W2

Short term | In-unit laundry | Furnished

2 beds

1.5 baths

$7,890

Apartment for rent

Top amenities

Furnished

Garage Parking

In-Unit Laundry

Microwave

TV

Wi-Fi

9h ago

Verified

421 Lansdowne Ave, Toronto, ON M6H 3Y2

Short term | In-unit laundry | Furnished

3 beds

1 bath

$8,690

Apartment for rent

Top amenities

Central Heat

Furnished

In-Unit Laundry

Oven

TV

Wi-Fi

9h ago

Verified

52 Columbine Ave, Toronto, ON M4L 1P5

Short term | In-unit laundry | Furnished

1 bed

1 bath

$3,342

Apartment for rent

Top amenities

Central Heat

Dishwasher

Furnished

In-Unit Laundry

Oven

TV

9h ago

Verified

137 Bremner Blvd, Toronto, ON M5J 3A7

Short term | In-unit laundry | Furnished

1 bed

1 bath

$4,654

Apartment for rent

Top amenities

Air Conditioning

Dishwasher

Fitness Center

Furnished

On-Site Management

Swimming Pool

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9h ago

Verified

37 Sheppard Ave E, Toronto, ON M2N 2Z8

Short term | In-unit laundry | Furnished

2 beds

2 baths

$7,294

Apartment for rent

Top amenities

Central Heat

Concierge Service

Dishwasher

Fitness Center

Furnished

TV

9h ago

Verified

10 Navy Wharf Crt, Toronto, ON M5V 3V2

Short term | In-unit laundry | Furnished

2 beds

2 baths

$15,365

Condo for rent

Top amenities

Business Center

Elevator

Furnished

In-Unit Laundry

Oven

TV

9h ago

Verified

9 Niagara St, Toronto, ON M5V 1C2

Short term | Furnished | Air conditioning

1 bed

1 bath

$5,269

Apartment for rent

Top amenities

Air Conditioning

Central Heat

Fitness Center

Furnished

TV

Wi-Fi

9h ago

Verified

14 York St, Toronto, ON M5J 0B1

Short term | In-unit laundry | Furnished

1 bed

1 bath

$10,578

$8,624

Price drop

Condo for rent

Top amenities

Central Heat

Dishwasher

In-Unit Laundry

Microwave

TV

Wi-Fi

9h ago

Verified

146 Fort York Blvd, Toronto, ON M5V 0E1

Short term | In-unit laundry | Furnished

2 beds

2 baths

$23,124

$14,231

Price drop

Apartment for rent

Top amenities

Elevator

Furnished

In-Unit Laundry

On-Site Management

Oven

Wi-Fi

9h ago

Verified

30 Ordnance St, Toronto, ON M6K 0C8

Short term | Furnished | Air conditioning

2 beds

2 baths

$6,968

$4,645

Price drop

House for rent

Top amenities

Air Conditioning

Assigned Parking

Dishwasher

On-Site Management

TV

Wi-Fi

9h ago

Verified

2708 Puente de Luz, Toronto, ON None None

Short term | In-unit laundry | Furnished

2 beds

2 baths

$17,357

$14,684

Price drop

Apartment for rent

Top amenities

Central Heat

Microwave

On-Site Management

Oven

TV

Wi-Fi

9h ago

Verified

807 York Street

1 York St Null, Toronto, ON M5J 0B6

Short term | In-unit laundry | Furnished

3 beds

2 baths

$15,668

Apartment for rent

Top amenities

Dishwasher

Elevator

In-Unit Laundry

Microwave

Oven

TV

9h ago

Verified

216 St Johns Rd, Toronto, ON M6P None

Short term | In-unit laundry | Furnished

1 bed

1 bath

$3,663

Apartment for rent

Top amenities

Dishwasher

In-Unit Laundry

Microwave

Oven

TV

Wi-Fi

9h ago

Verified

168 Dan Leckie Way, Toronto, ON M5V 0E5

Short term | In-unit laundry | Furnished

1 bed

1 bath

$6,791

Apartment for rent

Top amenities

Air Conditioning

Dishwasher

In-Unit Laundry

Microwave

TV

Wi-Fi

9h ago

Verified

5 Mellanby Pl, Toronto, ON M3B 1A6

Short term | In-unit laundry | Furnished

3 beds

4 baths

$16,467

Apartment for rent

Top amenities

Air Conditioning

Dishwasher

In-Unit Laundry

Microwave

TV

Wi-Fi

9h ago

Verified

2185 Lake Shore Blvd W, Toronto, ON M8V None

Short term | In-unit laundry | Furnished

1 bed

1 bath

$4,985

Apartment for rent

Top amenities

Air Conditioning

Furnished

In-Unit Laundry

Swimming Pool

TV

Wi-Fi

9h ago

Verified

1 Shaw St, Toronto, ON M6K 0A1

Short term | In-unit laundry | Furnished

1 bed

1 bath

$7,464

Apartment for rent

Top amenities

Air Conditioning

Business Center

Central Heat

In-Unit Laundry

Microwave

Wi-Fi

9h ago

Verified

10 York St, Toronto, ON M5J 0E1

Short term | In-unit laundry | Furnished

1 bed

1 bath

$4,457

$3,064

Price drop

Condo for rent

Top amenities

Air Conditioning

Central Heat

Dishwasher

On-Site Management

Swimming Pool

TV

9h ago

Verified

150 Bloor St W, Toronto, ON M5S 2X9

Short term | Furnished | Air conditioning

1 bed

1 bath

$6,511

$4,078

Price drop

Condo for rent

Top amenities

Air Conditioning

Dishwasher

Elevator

Fitness Center

TV

Wi-Fi

9h ago

Verified

55 Avenue Rd, Toronto, ON M5R 3L2

Short term | In-unit laundry | Furnished

1 bed

1 bath

$6,873

$5,491

Price drop

Apartment for rent

Top amenities

Central Heat

Dishwasher

Elevator

In-Unit Laundry

Microwave

TV

9h ago

Verified

116 Brownville Ave, Toronto, ON M6N 4L4

Short term | In-unit laundry | Furnished

1 bed

1 bath

$4,233

$4,034

Price drop

Condo for rent

Top amenities

Central Heat

Elevator

Furnished

In-Unit Laundry

TV

Wi-Fi

9h ago

Verified

50 Mccaul St, Toronto, ON M5T 0B6

Short term | Furnished | Air conditioning

2 beds

1 bath

$6,033

Condo for rent

Top amenities

Air Conditioning

Assigned Parking

Elevator

Furnished

On-Site Laundry

Wi-Fi

9h ago

Verified

770 Bay St, Toronto, ON M5G 0A6

Short term | In-unit laundry | Furnished

Studio

1 bath

$3,352

Apartment for rent

Top amenities

Central Heat

Elevator

Fitness Center

Microwave

Oven

Wi-Fi

9h ago

Verified

38 Dan Leckie Way, Toronto, ON M5V 2V6

Short term | In-unit laundry | Furnished

1 bed

1 bath

$3,757

Apartment for rent

Top amenities

Air Conditioning

Central Heat

Dishwasher

Microwave

TV

Wi-Fi

9h ago

Verified

250 Victoria St, Toronto, ON M5B 1V8

Short term | In-unit laundry | Furnished

Studio

1 bath

$3,137

Apartment for rent

Top amenities

Air Conditioning

Dishwasher

Microwave

Oven

TV

Wi-Fi

9h ago

Verified

30 Mutual St, Toronto, ON M5B 0E4

Short term | Furnished | Air conditioning

1 bed

1 bath

$5,520

Apartment for rent

Top amenities

Fitness Center

Furnished

Microwave

Oven

Residents Lounge

Swimming Pool

9h ago

Verified

38 Stewart St, Toronto, ON M5V 0H1

Short term | Furnished | Air conditioning

1 bed

1 bath

$6,696

$5,815

Price drop

Apartment for rent

Top amenities

Air Conditioning

Dishwasher

Furnished

Oven

TV

Wi-Fi

9h ago

Verified

70 Douro St, Toronto, ON M6K 3N4

Short term | Furnished | Air conditioning

1 bed

1 bath

$6,625

$6,377

Price drop

Apartment for rent

Top amenities

Air Conditioning

Assigned Parking

Central Heat

Dishwasher

TV

Wi-Fi

9h ago

Verified

62 Mcgill St, Toronto, ON M5B 1H2

Short term | Furnished | Air conditioning

5 beds

3 baths

$24,153

$12,899

Price drop

Apartment for rent

Top amenities

Air Conditioning

Central Heat

Dishwasher

Furnished

TV

Wi-Fi

9h ago

9.9

Excellent

Verified

300 Front Street West

300 Front St W, Toronto, ON M5V 0E9

Short term | Furnished | Air conditioning

1–3 beds

1–2 baths

$5,348–$12,736

Apartment for rent

Top amenities

Central Heat

Microwave

On-Site Laundry

Storage

TV

Wi-Fi

9h ago

Verified

164 Cumberland St, Toronto, ON M5R 1A8

Short term | Furnished | Air conditioning

1 bed

1 bath

$5,032

$4,251

Price drop

Apartment for rent

Top amenities

Business Center

Dishwasher

Fitness Center

Oven

Swimming Pool

Wi-Fi

9h ago

Verified

170 Cumberland St, Toronto, ON M5R 1A8

Short term | Furnished | Air conditioning

1 bed

1 bath

$4,787

Apartment for rent

Top amenities

Central Heat

Elevator

Fitness Center

Furnished

TV

Wi-Fi

9h ago

9.9

Excellent

Verified

501 Yonge Street

501 Yonge St, Toronto, ON M4Y 0G8

Short term | Furnished | Air conditioning

2 beds

1 bath

$5,225

Price drop

Apartment for rent

Top amenities

Dishwasher

Furnished

Microwave

Swimming Pool

TV

Wi-Fi

9h ago

Verified

250 Fort York Blvd, Toronto, ON M5V 3K9

Short term | In-unit laundry | Furnished

2 beds

1 bath

$19,511

$19,304

Price drop

Apartment for rent

Top amenities

Air Conditioning

Central Heat

Fitness Center

In-Unit Laundry

Microwave

Wi-Fi

9h ago

9.9

Excellent

Verified

832 Bay Street

832 Bay St, Toronto, ON M5S 1Z6

Short term | In-unit laundry | Furnished

1 bed

1 bath

$5,787

Apartment for rent

Top amenities

Air Conditioning

Dishwasher

In-Unit Laundry

Microwave

On-Site Management

Wi-Fi

9h ago

9.9

Excellent

Verified

211 Fort York Boulevard

211 Fort York Blvd, Toronto, ON M5V None

Short term | In-unit laundry | Furnished

2 beds

2 baths

$5,724

Apartment for rent

Top amenities

Central Heat

Elevator

In-Unit Laundry

Oven

TV

Wi-Fi

9h ago

Verified

115 Manning Ave, Toronto, ON M6J 2K6

Short term | In-unit laundry | Furnished

1 bed

1 bath

$2,105

Apartment for rent

Top amenities

Air Conditioning

Central Heat

In-Unit Laundry

Microwave

Oven

TV

9h ago

9.9

Excellent

Verified

55 Bremner Boulevard

55 Bremner Blvd, Toronto, ON M5J 0A6

Short term | Furnished | Air conditioning

Studio–2 beds

1–2 baths

$3,064–$7,560

Apartment for rent

Top amenities

Air Conditioning

Central Heat

Dishwasher

Furnished

TV

Wi-Fi

9h ago

9.9

Excellent

Verified

78 Gerrard Street West

78 Gerrard St W, Toronto, ON M5G 1J5

Short term | Furnished | Air conditioning

2 beds

1 bath

$3,386

Condo for rent

Top amenities

Air Conditioning

Central Heat

Dishwasher

Microwave

Swimming Pool

Wi-Fi

9h ago

Verified

432 Cherry St, Toronto, ON M5A 1B3

Short term | In-unit laundry | Furnished

3 beds

2 baths

$5,158

Apartment for rent

Top amenities

Central Heat

Dishwasher

Microwave

On-Site Management

Residents Lounge

Roof Deck

9h ago

Verified

557 St Clair Ave W, Toronto, ON M6C 1A3

Short term | In-unit laundry | Furnished

2 beds

1 bath

$10,286

$7,706

Price drop

Apartment for rent

Top amenities

Air Conditioning

Business Center

Furnished

Microwave

TV

Wi-Fi

9h ago

9.9

Excellent

Verified

30 Nelson Street

30 Nelson St, Toronto, ON M5V 0H5

Short term | Furnished | Air conditioning

Studio–2 beds

1–2 baths

$3,225–$5,958

Apartment for rent

Top amenities

Air Conditioning

Dishwasher

Furnished

Microwave

Residents Lounge

TV

9h ago

9.7

Excellent

Verified

199 Richmond Street West

199 Richmond St W, Toronto, ON M5V 0H4

Short term | Furnished | Air conditioning

1–2 beds

1 bath

$4,990–$5,348

Apartment for rent

Top amenities

Air Conditioning

Central Heat

On-Site Laundry

Storage

TV

Wi-Fi

1d ago

Verified

25 Grand Trunk Cres, Toronto, ON M5J None

Short term | In-unit laundry | Furnished

1 bed

1 bath

$14,274

$12,990

Price drop

Apartment for rent

Top amenities

Air Conditioning

Concierge Service

In-Unit Laundry

Microwave

On-Site Management

Wi-Fi

1d ago

Verified

266 Maria St, Toronto, ON M6P 1W4

Short term | In-unit laundry | Furnished

2 beds

1 bath

$4,902

Apartment for rent

Top amenities

Air Conditioning

Dishwasher

Furnished

In-Unit Laundry

TV

Wi-Fi

1d ago

Verified

29 Camden St, Toronto, ON M5V 3N3

Short term | In-unit laundry | Furnished

1 bed

1 bath

$4,800

Apartment for rent

Top amenities

Air Conditioning

Assigned Parking

Central Heat

Dishwasher

Garage Parking

Wi-Fi

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