Bedroom count
Property type
Last updated on November 5, 2026
Last updated on November 5, 2026
Bedroom count
Property type
Toronto, ON rents are essentially flat year over year, with a current median of $2,399/month. The year-over-year change is negligible, indicating stable rental prices compared to last year.
Toronto rents run 26.3% more expensive than the $1,900/month national median, placing it among pricier major metros with 2,193 total rentals available across the city.
Studios rent for about $1,710/month, 1-bedrooms for $2,099/month, and 2-bedrooms for $2,745/month, with 3-bedrooms at $3,550/month and 4+ bedrooms reaching $4,200/month. The 4+ bedroom median of $4,200/month represents the upper end of the bedroom-tier rent spectrum.
Bridle Path rents fell by 86.5% year over year to $2,405/month, a steep decline compared to the citywide flat trend. This sharp drop contrasts with the overall stable rental market in Toronto, ON.
Median rent in Toronto
$2,399/mo
vs previous year
The average rent in Toronto is $2,399 per month as of October 2026. This is 26% above the national average rent, or $499 more per month.
average price per square foot
Available rentals in Toronto
2,193
for rent on Zumper.com as of October 2026
Share of Toronto rentals at each price point
Average rent prices in Toronto have remained the same over the last month and have remained the same since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Toronto vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Toronto is $2,351, whereas a house costs $3,250. 1-bedroom apartments in Toronto run $2,050 on average, while 2-bedroom apartments are $2,650.
Listings | ||||
|---|---|---|---|---|
Studio | $1,710 | No Change | 5% | |
1 bedroom | $2,099 | No Change | 2% | |
2 bedroom | $2,745 | No Change | No Change | |
3 bedroom | $3,550 | No Change | 4% | |
4 bedroom | $4,200 | 5% | 6% |
Listings | ||
|---|---|---|
Bay Street Corridor | $2,799 | |
Brockton Village | $3,775 | |
Cabbagetown | $2,810 | |
Davisville Village | $2,320 | |
Entertainment District | $2,997 | |
Forest Hill | $2,350 | |
Garden District | $2,885 | |
Lawrence Heights | $3,385 | |
North Toronto | $2,475 | |
West Don Lands | $3,032 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,351 | 1% | No Change | |
Condos | $2,650 | 2% | 4% | |
Houses | $3,250 | 9% | 4% | |
Rooms | $950 | No Change | 5% |
Studio
Average rent
$1,710
Last 30 days
No Change
Last year
5%
1 bedroom
Average rent
$2,099
Last 30 days
No Change
Last year
2%
2 bedroom
Average rent
$2,745
Last 30 days
No Change
Last year
No Change
3 bedroom
Average rent
$3,550
Last 30 days
No Change
Last year
4%
4 bedroom
Average rent
$4,200
Last 30 days
5%
Last year
6%
Brockton Village
Average rent
$3,775
North Toronto
Average rent
$2,475
Garden District
Average rent
$2,885
Lawrence Heights
Average rent
$3,385
West Don Lands
Average rent
$3,032
Bay Street Corridor
Average rent
$2,799
Davisville Village
Average rent
$2,320
Forest Hill
Average rent
$2,350
Entertainment District
Average rent
$2,997
Cabbagetown
Average rent
$2,810
Apartments
Average rent
$2,351
Last 30 days
1%
Last year
No Change
Condos
Average rent
$2,650
Last 30 days
2%
Last year
4%
Houses
Average rent
$3,250
Last 30 days
9%
Last year
4%
Rooms
Average rent
$950
Last year
5%
The table above reflects average rent prices in Toronto, ON, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
Compare median rent prices in Toronto and Ajax by all bedroom counts and property types.
Toronto
higher than the national median
higher than the national median
Takeaway
The median rent for all rentals in Toronto, ON is 14% higher than the median rent in Ajax, ON.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Toronto rental market.
The average rent in Toronto is $2,399 per month as of October 31, 2026.
Average rent prices in Toronto have remained the same over the last month and have remained the same since last year.
Rent in Toronto is 26% above the national average, which means renters are paying approximately $499 more per month.
The most affordable neighborhoods in Toronto are Davisville Village ($2,320/mo), Forest Hill ($2,350/mo), and North Toronto ($2,475/mo).
To comfortably afford rent in Toronto, you'd need to earn approximately $96,000/year, based on spending no more than 30% of your income on rent.
December offers the best timing for apartment hunting in Toronto, with the lowest seasonal rents and reduced competition compared to peak months like July and August.
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).