Bedroom count
Property type
Last updated on August 3, 2026
Average rent in
Toronto, ON
Average rent in
Last updated on August 3, 2026
Bedroom count
Property type
Key takeaways for renters
The bottom line
Toronto, ON rent slipped 2.2% year over year, with a current median of $2,410/month. Renters today are paying $80 less per month on average than last year, while month-to-month rent is essentially flat.
Compared to national trends
Toronto runs 24.2% more expensive than the $1,940/month national median, placing it among pricier major metros with 2,348 total rentals available.
Rent ranges by bedroom
Studios in Toronto sit around $1,710/month, 1-bedrooms around $2,099/month, and 2-bedrooms around $2,750/month. Larger units include 3-bedrooms at $3,599/month and 4+ bedrooms at $4,510/month. This range reflects the variety available across bedroom sizes.
Median rent
Median rent in Toronto
$2,410/mo
2%vs previous year
The average rent in Toronto is $2,410 per month as of August 2026. This is 24% above the national average rent, or $470 more per month.
average price per square foot
Total rentals
Available rentals in Toronto
2,348
for rent on Zumper.com as of August 2026
Rent price distribution
Share of Toronto rentals at each price point
Rent trends in Toronto, ON
Average rent prices in Toronto have remained the same over the last month and have decreased by 2% 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 $2,375, whereas a house costs $3,400. 1-bedroom apartments in Toronto run $2,091 on average, while 2-bedroom apartments are $2,650.
Listings | ||||
|---|---|---|---|---|
Studio | $1,710 | No Change | 6% | |
1 bedroom | $2,099 | 1% | No Change | |
2 bedroom | $2,750 | No Change |  1% | |
3 bedroom | $3,599 | 1% | 2% | |
4 bedroom | $4,510 | 4% | 40% |
Listings | ||
|---|---|---|
Bay Street Corridor | $3,175 | |
Brockton Village | $2,500 | |
Davisville Village | $2,231 | |
Forest Hill | $2,200 | |
Garden District | $3,085 | |
Lawrence Heights | $3,385 | |
North Toronto | $2,500 | |
Parkdale | $1,980 | |
The Junction | $3,200 | |
West Don Lands | $3,398 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,375 | 1% | No Change | |
Condos | $2,899 | 3% | No Change | |
Houses | $3,400 | 5% | No Change | |
Rooms | $980 | No Change | No Change |
Studio
Average rent
$1,710
Last 30 days
No Change
Last year
6%
1 bedroom
Average rent
$2,099
Last 30 days
1%
Last year
No Change
2 bedroom
Average rent
$2,750
Last 30 days
No Change
Last year
1%
3 bedroom
Average rent
$3,599
Last 30 days
1%
Last year
2%
4 bedroom
Average rent
$4,510
Last 30 days
4%
Last year
40%
North Toronto
Average rent
$2,500
West Don Lands
Average rent
$3,398
Garden District
Average rent
$3,085
Lawrence Heights
Average rent
$3,385
Bay Street Corridor
Average rent
$3,175
Forest Hill
Average rent
$2,200
Brockton Village
Average rent
$2,500
Davisville Village
Average rent
$2,231
The Junction
Average rent
$3,200
Parkdale
Average rent
$1,980
Apartments
Average rent
$2,375
Last 30 days
1%
Condos
Average rent
$2,899
Last 30 days
3%
Houses
Average rent
$3,400
Last 30 days
5%
Rooms
Average rent
$980
Last 30 days
No Change
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
24%higher than the national median
17%higher than the national median
Takeaway
The median rent for all rentals in Toronto, ON is 6% higher than the median rent in Ajax, ON.
Average rent in nearby cities
Explore rent trends in neighboring markets
$2,267
14%$2,197
2%$2,302
2%$1,770
3%$2,225
$2,287
8%$2,349
2%$2,306
15%$2,550
5%$2,100
13%$1,699
2%$2,250
4%Discover rentals in Toronto, ON
5d+ ago
9 - 9 Homewood Ave, Toronto, ON M4Y 2J7
Studio
1 bath
$749
Apartment for rent
5d+ ago
Verified
1 bed
1 bath
$980
House for rent
Available Jul 27
5d+ ago
Dufferin Grove apartment for rent in Toronto
Studio
1 bath
$990
Apartment for rent
Available Sep 15
1d ago
University of Toronto apartment for rent in Toronto
Studio
1 bath
$1,099
$998
Price drop
Apartment for rent
Available Sep 1
5d+ ago
Verified
5 beds
8 baths
$45,000
House for rent
Available May 1
5d+ ago
Yorkville townhouse for rent in Toronto
109 Hazelton Ave #109, Toronto, ON M5R 2E4
3 beds
5 baths
$30,000
House for rent
Available Mar 3
3d ago
Verified
3 beds
4 baths
$26,800
Condo for rent
5d+ ago
Verified
5 beds
5 baths
$25,000
Apartment for rent
Available Jun 1
5h ago
Verified
950 Lansdowne Ave, Toronto, ON M6H 0E6
1–3 beds
1–2 baths
$2,099–$3,809
Apartment for rent
3d ago
Verified
100 Eastdale Ave, Toronto, ON M4C 0B6
1–4 beds
1–3 baths
$1,913–$3,600
Apartment for rent
1h ago
Verified
30 Mutual St, Toronto, ON M5B 0E4
Studio–3 beds
1–2 baths
$2,520–$5,880
Apartment for rent
Available Jul 1
3h ago
Verified
3030 Pharmacy Ave, Toronto, ON M1W 0B2
1–3 beds
1–2 baths
$1,995–$3,035
Apartment for rent
5h ago
Verified
950 Lansdowne Ave, Toronto, ON M6H 0E6
1–3 beds
1–2 baths
$2,099–$3,809
Apartment for rent
1h ago
Verified
31 York Garden Way Th 5, Toronto, ON M6A 0G3
Studio–3 beds
1–3 baths
$2,280–$7,115
Apartment for rent
1h ago
Verified
30 Mutual St, Toronto, ON M5B 0E4
Studio–3 beds
1–2 baths
$2,520–$5,880
Apartment for rent
Available Jul 1
3h ago
Verified
3030 Pharmacy Ave, Toronto, ON M1W 0B2
1–3 beds
1–2 baths
$1,995–$3,035
Apartment for rent
5h ago
Verified
950 Lansdowne Ave, Toronto, ON M6H 0E6
1–3 beds
1–2 baths
$2,099–$3,809
Apartment for rent
3d ago
Verified
100 Eastdale Ave, Toronto, ON M4C 0B6
1–4 beds
1–3 baths
$1,913–$3,600
Apartment for rent
3h ago
Verified
3030 Pharmacy Ave, Toronto, ON M1W 0B2
1–3 beds
1–2 baths
$1,995–$3,035
Apartment for rent
5h ago
Verified
35 David Dr, Toronto, ON M1E 5E5
1–2 beds
1 bath
$1,610–$2,520
Apartment for rent
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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 $2,410 per month as of August 1, 2026.
Is rent up or down in Toronto?
Average rent prices in Toronto have remained the same over the last month and have decreased by 2% since last year.
How does Toronto rent compare to the national average?
Rent in Toronto is 24% above the national average, which means renters are paying approximately $470 more per month.
Which neighborhoods are most affordable in Toronto?
The most affordable neighborhoods in Toronto are Parkdale ($1,980/mo), Forest Hill ($2,200/mo), and Davisville Village ($2,231/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?
Based on Zumper's July 2026 data, one-bedroom apartments in Toronto average around $2,120/month and two-bedrooms approximately $2,710/month, both down from last year.
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).