Last updated on November 5, 2026

Average rent in
Toronto, ON

Key takeaways for renters

  • Where Toronto rent stands today

    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.

  • Price ranges

    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.

  • Neighborhood spotlight

    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

Median rent in Toronto

$2,399/mo

Flat

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.

$3.42

average price per square foot

Total rentals

Available rentals in Toronto

2,193

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Toronto rentals at each price point

75%56%38%19%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Toronto, ON

Average rent prices in Toronto have remained the same over the last month and have remained the same since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Toronto, ON

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%

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.

How does rent in Toronto, ON compare to other cities?

Compare median rent prices in Toronto and Ajax by all bedroom counts and property types.

Toronto

Median rent price$2,399
increased by26%

higher than the national median

Median rent price$2,100
increased by11%

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.

Discover rentals in Toronto, ON

Golfdown Rentals - Photo 1 of 1

20h ago

9.2

Excellent

Golfdown Rentals

50 Golfdown Drive, Toronto, ON M9W 2H7

1 bed

2 baths

$675

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
3335 Lake Shore Boulevard West - Photo 1 of 1

5d+ ago

Long Branch apartment for rent in Toronto

1 bed

1 bath

$801

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
47 Boon Ave - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

Boon Avenue -47 Toronto Ontario M6E3Z2

47 Boon Ave, Toronto, ON M6E 3Z2

1 bed

2 baths

$870

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Homewood Rooming - Photo 1 of 1

2d ago

8.9

Very good

Homewood Rooming

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

Studio

1 bath

$899

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
4 Wellesley Place #Pl - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

5 beds

5 baths

$25,000

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
27 True Davidson Drive - Photo 1 of 1

5d+ ago

Governor''s Bridge house for rent in Toronto

5 beds

6 baths

$22,000

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
11 Bishop Street - Photo 1 of 1

5d+ ago

Yorkville house for rent in Toronto

3 beds

4 baths

$20,000

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
1 Edgewater Drive #PH - Photo 1 of 1

5d+ ago

East Bayfront condo for rent in Toronto

3 beds

5 baths

$20,000

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
The Diamond - Photo 1 of 1
3D tour

11h ago

10

Excellent

Our team has verified this company

Verified

The Diamond

950 Lansdowne Ave, Toronto, ON M6H 0E6

1–3 beds

1–2 baths

$2,099–$3,809

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
The Hampton - Photo 1 of 1

1h ago

9.7

Excellent

Our team has verified this company

Verified

The Hampton

101 Roehampton Ave, Toronto, ON M4P 2W2

1–3 beds

1–2 baths

$2,250–$4,750

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Station House on Bloor - Photo 1 of 1
Rent special
New construction

1h ago

9.7

Excellent

Our team has verified this company

Verified

Station House on Bloor

65 Collegiate Road, Toronto, ON M6H 0K1

Studio–3 beds

1–2 baths

$1,968–$5,129

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
LNX - Photo 1 of 1

2h ago

10

Excellent

Our team has verified this company

Verified

LNX

2376 Dundas St W, Toronto, ON M6P 0C1

1–2 beds

1–2 baths

$2,115–$3,240

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
The Diamond - Photo 1 of 1
3D tour

11h ago

10

Excellent

Our team has verified this company

Verified

The Diamond

950 Lansdowne Ave, Toronto, ON M6H 0E6

1–3 beds

1–2 baths

$2,099–$3,809

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
LNX - Photo 1 of 1

2h ago

10

Excellent

Our team has verified this company

Verified

LNX

2376 Dundas St W, Toronto, ON M6P 0C1

1–2 beds

1–2 baths

$2,115–$3,240

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Rouge Valley Residence - Photo 1 of 1
Rent special

16h ago

10

Excellent

Our team has verified this company

Verified

Rouge Valley Residence

45 Generation Blvd, Toronto, ON M1B 2K5

1–3 beds

1 bath

$1,900–$2,650

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
The Fairbank - Photo 1 of 1
Rent special
New construction

17h ago

10

Excellent

Our team has verified this company

Verified

The Fairbank

9 Croham Rd, Toronto, ON M6E 0B3

Studio–3 beds

1–2 baths

$2,099–$3,699

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
Station House on Bloor - Photo 1 of 1
Rent special
New construction

1h ago

9.7

Excellent

Our team has verified this company

Verified

Station House on Bloor

65 Collegiate Road, Toronto, ON M6H 0K1

Studio–3 beds

1–2 baths

$1,968–$5,129

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Maple House at Canary Landing - Photo 1 of 1
Rent special

2h ago

9.7

Excellent

Our team has verified this company

Verified

Maple House at Canary Landing

131 Mill St, Toronto, ON M5A 2Z8

1–3 beds

1–2 baths

$2,157–$4,687

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
The Ivy - Photo 1 of 1
Rent special

2h ago

9.7

Excellent

Our team has verified this company

Verified

The Ivy

8 Gloucester St, Toronto, ON M4Y 0H8

Studio–3 beds

1–2 baths

$2,272–$4,543

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
West House - Photo 1 of 1
New construction

2h ago

9.7

Excellent

Our team has verified this company

Verified

West House

88 Bathurst St, Toronto, ON M5V 0W8

3 beds

2 baths

$4,283–$4,318

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

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Frequently asked questions for Toronto, ON

Quick answers to common questions about the Toronto rental market.

How much is rent in Toronto?

The average rent in Toronto is $2,399 per month as of October 31, 2026.

Is rent up or down in Toronto?

Average rent prices in Toronto have remained the same over the last month and have remained the same since last year.

How does Toronto rent compare to the national average?

Rent in Toronto is 26% above the national average, which means renters are paying approximately $499 more per month.

Which neighborhoods are most affordable in Toronto?

The most affordable neighborhoods in Toronto are Davisville Village ($2,320/mo), Forest Hill ($2,350/mo), and North Toronto ($2,475/mo).

What salary do I need to afford rent in Toronto?

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.

When is the best time of year to rent in Toronto?

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.

Methodology

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).

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