Bedroom count
Property type
Last updated on September 18, 2026
Last updated on September 18, 2026
Bedroom count
Property type
Toronto, ON rent slipped 2.5% year over year, with a current median of $2,399/month. Renters today are paying $46 less per month on average than last year, while month-to-month rent is essentially flat.
Toronto runs 26.3% more expensive than the $1,900/month national median, positioning it as a pricier metro with 2,173 total rentals available across the city.
Studios in Toronto rent for about $1,730/month, 1-bedrooms for $2,099/month, and 2-bedrooms for $2,750/month, with 3-bedrooms at $3,650/month and 4+ bedrooms at $4,250/month. Apartments make up 72.5% of rentals, renting at a median of $2,350/month compared to houses at $3,275/month.
Bridle Path rents fell 87.9% year over year to $2,150/month across 12 rentals, while Lawrence Park and Old Mill also saw declines of 62.8% and 54.7% respectively. These drops contrast with the citywide decline of 2.5% and show localized shifts in Toronto's rental market.
Median rent in Toronto
$2,399/mo
vs previous year
The average rent in Toronto is $2,399 per month as of September 2026. This is 26% above the national average rent, or $499 more per month.
average price per square foot
Available rentals in Toronto
2,173
for rent on Zumper.com as of September 2026
Share of Toronto rentals at each price point
Average rent prices in Toronto have remained the same over the last month and have decreased by 2% 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 $2,350, whereas a house costs $3,275. 1-bedroom apartments in Toronto run $2,079 on average, while 2-bedroom apartments are $2,641.
Listings | ||||
|---|---|---|---|---|
Studio | $1,730 | 1% | 6% | |
1 bedroom | $2,099 | No Change | 5% | |
2 bedroom | $2,750 | No Change | 1% | |
3 bedroom | $3,650 | 2% | 1% | |
4 bedroom | $4,250 | 1% | 24% |
Listings | ||
|---|---|---|
Bay Street Corridor | $2,865 | |
Davisville Village | $2,250 | |
Deer Park | $2,520 | |
Forest Hill | $2,200 | |
Garden District | $2,950 | |
Lawrence Heights | $3,435 | |
North Toronto | $2,449 | |
South Annex | $3,025 | |
The Junction | $3,125 | |
West Don Lands | $3,143 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,350 | No Change | No Change | |
Condos | $2,800 | 2% | No Change | |
Houses | $3,275 | 7% | No Change | |
Rooms | $980 | 2% | No Change |
Studio
Average rent
$1,730
Last 30 days
1%
Last year
6%
1 bedroom
Average rent
$2,099
Last 30 days
No Change
Last year
5%
2 bedroom
Average rent
$2,750
Last 30 days
No Change
Last year
1%
3 bedroom
Average rent
$3,650
Last 30 days
2%
Last year
1%
4 bedroom
Average rent
$4,250
Last 30 days
1%
Last year
24%
North Toronto
Average rent
$2,449
West Don Lands
Average rent
$3,143
Garden District
Average rent
$2,950
Lawrence Heights
Average rent
$3,435
Deer Park
Average rent
$2,520
Forest Hill
Average rent
$2,200
Davisville Village
Average rent
$2,250
Bay Street Corridor
Average rent
$2,865
South Annex
Average rent
$3,025
The Junction
Average rent
$3,125
Apartments
Average rent
$2,350
Last 30 days
No Change
Condos
Average rent
$2,800
Last 30 days
2%
Houses
Average rent
$3,275
Last 30 days
7%
Rooms
Average rent
$980
Last 30 days
2%
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 $2,399 per month as of September 12, 2026.
Average rent prices in Toronto have remained the same over the last month and have decreased by 2% 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 Forest Hill ($2,200/mo), Davisville Village ($2,250/mo), and North Toronto ($2,449/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).