Bedroom count
Property type
Last updated on June 19, 2026
Last updated on June 19, 2026
Bedroom count
Property type
Toronto, ON rent slipped 3.2% year over year, with a current median of $2,400/month. Renters today are paying $87 less per month on average than last year, following a modest month-over-month increase of 1.0%.
Toronto runs 23.1% more expensive than the $1,950/month national median, positioning it as a pricier metro with 2,646 total rentals available. Renters face a market above the national median but with a variety of options.
Studios in Toronto sit around $1,700/month, 1-bedrooms around $2,100/month, and 2-bedrooms around $2,720/month, with 3-bedrooms at $3,500/month and 4+ bedrooms at $4,225/month. Houses rent for a median of $3,050/month while apartments sit at $2,370/month, reflecting the city's diverse inventory composition.
Fort York rents rose 85.0% year over year to $4,533/month, Yorkville increased 52.1% to $4,054/month, and City Place climbed 43.5% to $4,018/month. These gains contrast with the citywide decline of 3.2%, showing strong hyperlocal growth in Toronto's most expensive neighborhoods.
Median rent in Toronto
$2,400/mo
vs previous year
The average rent in Toronto is $2,400 per month as of June 2026. This is 23% above the national average rent, or $450 more per month.
average price per square foot
Available rentals in Toronto
2,646
for rent on Zumper.com as of June 2026
Share of Toronto rentals at each price point
Average rent prices in Toronto have increased by 1% over the last month and have decreased by 3% 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 $2,370, whereas a house costs $3,050. 1-bedroom apartments in Toronto run $2,098 on average, while 2-bedroom apartments are $2,650.
Listings | ||||
|---|---|---|---|---|
Studio | $1,700 | No Change | 2% | |
1 bedroom | $2,100 | 1% | 1% | |
2 bedroom | $2,720 | 1% | 1% | |
3 bedroom | $3,500 | 1% | 4% | |
4 bedroom | $4,225 | 17% | 66% |
Listings | ||
|---|---|---|
Bay Street Corridor | $3,100 | |
Davisville Village | $2,245 | |
Entertainment District | $4,000 | |
Forest Hill | $2,237 | |
Garden District | $3,050 | |
Lansing Westgate | $2,974 | |
North Toronto | $2,400 | |
Parkdale | $1,962 | |
The Village | $2,199 | |
West Don Lands | $3,515 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,370 | 1% | No Change | |
Condos | $2,800 | 3% | No Change | |
Houses | $3,050 | 2% | No Change | |
Rooms | $1,000 | 1% | No Change |
Studio
Average rent
$1,700
Last 30 days
No Change
Last year
2%
1 bedroom
Average rent
$2,100
Last 30 days
1%
Last year
1%
2 bedroom
Average rent
$2,720
Last 30 days
1%
Last year
1%
3 bedroom
Average rent
$3,500
Last 30 days
1%
Last year
4%
4 bedroom
Average rent
$4,225
Last 30 days
17%
Last year
66%
Parkdale
Average rent
$1,962
West Don Lands
Average rent
$3,515
North Toronto
Average rent
$2,400
Garden District
Average rent
$3,050
Lansing Westgate
Average rent
$2,974
Bay Street Corridor
Average rent
$3,100
The Village
Average rent
$2,199
Forest Hill
Average rent
$2,237
Davisville Village
Average rent
$2,245
Entertainment District
Average rent
$4,000
Apartments
Average rent
$2,370
Last 30 days
1%
Condos
Average rent
$2,800
Last 30 days
3%
Houses
Average rent
$3,050
Last 30 days
2%
Rooms
Average rent
$1,000
Last 30 days
1%
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 9% 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 $2,400 per month as of June 13, 2026.
Average rent prices in Toronto have increased by 1% over the last month and have decreased by 3% since last year.
Rent in Toronto is 23% above the national average, which means renters are paying approximately $450 more per month.
The most affordable neighborhoods in Toronto are Parkdale ($1,962/mo), The Village ($2,199/mo), and Forest Hill ($2,237/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.
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.
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).