Average Rent in Alderwood, Toronto, ON and Rent Price Trends

Rent trends in Alderwood, Toronto, ON

Average rent prices in Alderwood have increased by 2% over the last month and have increased by 1% 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
Alderwood, Toronto, ON

Rent prices in Alderwood vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Alderwood is $2,049, whereas a house costs $1,825. 1-bedroom apartments in Alderwood run $1,875 on average, while 2-bedroom apartments are $2,349.


Studio	$1,737	No Change	63%
1 bedroom	$1,900	30%	2%
2 bedroom	$2,149	7%	10%
3 bedroom	$2,795	No Change	-

		Listings
Applewood	$2,250
City Centre	$2,374
Lakeview	$2,193
Mimico	$1,997
New Toronto	$1,945
Weston	$2,025


Apartments	$2,049	14%	No Change
Houses	$1,825	No Change	-
Rooms	$1,080	No Change	-

Studio

Average rent

$1,737

Last year

63%

1 bedroom

Average rent

$1,900

Last 30 days

30%

Last year

2 bedroom

Average rent

$2,149

Last 30 days

Last year

10%

3 bedroom

Average rent

$2,795

Last 30 days

No Change

The table above reflects average rent prices in Alderwood, 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 Alderwood, Toronto, ON compare to other neighborhoods?

Compare median rent prices in Alderwood and Applewood by all bedroom counts and property types.

Alderwood

Median rent price$2,195

13%

higher than the national median

Median rent price$2,250

15%

higher than the national median

Takeaway

The median rent for all rentals in Alderwood, Toronto, ON is 2% lower than the median rent in Applewood, Mississauga, ON.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$2,250

$2,374

$2,193

$1,997

$1,945

$2,025

Discover rentals in Alderwood, Toronto, ON

5d+ ago

Alderwood apartment for rent in Toronto

34 Robindale Avenue - Upper

34 Upper, Toronto, ON M8W 4A9

3 beds

1 bath

$2,500

Apartment for rent

Available May 1

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Frequently asked questions for Alderwood, Toronto, ON

Quick answers to common questions about the Alderwood rental market.

How much is rent in Alderwood?

The average rent in Alderwood is $2,195 per month as of June 13, 2026.

Is rent up or down in Alderwood?

Average rent prices in Alderwood have increased by 2% over the last month and have increased by 1% since last year.

How does Alderwood rent compare to the national average?

Rent in Alderwood is 13% above the national average, which means renters are paying approximately $245 more per month.

What salary do I need to afford rent in Alderwood?

To comfortably afford rent in Alderwood, you'd need to earn approximately $88,000/year, based on spending no more than 30% of your income on rent.

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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