Last updated on August 3, 2026

Average rent in
Alderwood, Toronto, ON

Median rent

Median rent in Alderwood

$2,375/mo

increased by13%

vs previous year

The average rent in Alderwood is $2,375 per month as of August 2026. This is 22% above the national average rent, or $435 more per month.

$3.18

average price per square foot

Total rentals

Available rentals in Alderwood

16

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Alderwood rentals at each price point

90%68%45%23%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Alderwood, Toronto, ON

Average rent prices in Alderwood have remained the same over the last month and have increased by 13% 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 $2,329, whereas a house costs $3,150. 1-bedroom apartments in Alderwood run $2,095 on average, while 2-bedroom apartments are $2,475.

Listings

Studio

$1,750

8%

53%

1 bedroom

$1,899

3%

4%

2 bedroom

$2,395

No Change

4%

3 bedroom

$2,900

25%

-

Studio

Average rent

$1,750

Last 30 days

8%

Last year

53%

1 bedroom

Average rent

$1,899

Last 30 days

3%

Last year

4%

2 bedroom

Average rent

$2,395

Last 30 days

No Change

Last year

4%

3 bedroom

Average rent

$2,900

Last 30 days

25%

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$2,375
increased by22%

higher than the national median

Median rent price$2,305
increased by19%

higher than the national median

Takeaway

The median rent for all rentals in Alderwood, Toronto, ON is 3% higher than the median rent in Applewood, Mississauga, ON.

Discover rentals in Alderwood, Toronto, ON

34 Upper - Photo 1 of 1

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

Stay up to date with rental market insights

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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 $2,375 per month as of August 1, 2026.

Is rent up or down in Alderwood?

Average rent prices in Alderwood have remained the same over the last month and have increased by 13% since last year.

How does Alderwood rent compare to the national average?

Rent in Alderwood is 22% above the national average, which means renters are paying approximately $435 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 $95,000/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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