Last updated on October 28, 2026

Average rent in
Bay Street Corridor, Toronto, ON

Median rent

Median rent in Bay Street Corridor

$2,742/mo

decreased by7%

vs previous year

The average rent in Bay Street Corridor is $2,742 per month as of October 2026. This is 44% above the national average rent, or $842 more per month.

$3.83

average price per square foot

Total rentals

Available rentals in Bay Street Corridor

30

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Bay Street Corridor rentals at each price point

60%45%30%15%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Bay Street Corridor, Toronto, ON

Average rent prices in Bay Street Corridor have decreased by 1% over the last month and have decreased by 7% 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 Bay Street Corridor, Toronto, ON

Rent prices in Bay Street Corridor vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Bay Street Corridor is $2,689, whereas a house costs $11,000. 1-bedroom apartments in Bay Street Corridor run $2,496 on average, while 2-bedroom apartments are $3,499.

Listings

Studio

$2,147

1%

3%

1 bedroom

$2,475

1%

4%

2 bedroom

$3,499

6%

No Change

3 bedroom

$4,873

No Change

1%

4 bedroom

$11,000

-

-

Studio

Average rent

$2,147

Last 30 days

1%

Last year

3%

1 bedroom

Average rent

$2,475

Last 30 days

1%

Last year

4%

2 bedroom

Average rent

$3,499

Last 30 days

6%

Last year

No Change

3 bedroom

Average rent

$4,873

Last year

1%

4 bedroom

Average rent

$11,000

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

Compare median rent prices in Bay Street Corridor and Entertainment District by all bedroom counts and property types.

Bay Street Corridor

Median rent price$2,742
increased by44%

higher than the national median

Median rent price$2,997
increased by58%

higher than the national median

Takeaway

The median rent for all rentals in Bay Street Corridor, Toronto, ON is 9% lower than the median rent in Entertainment District, Toronto, ON.

Discover rentals in Bay Street Corridor, Toronto, ON

Station House on Bloor - Photo 1 of 1
Rent special
New construction

3h ago

8.7

Very good

Station House on Bloor

65 Collegiate Road, Toronto, ON M6H 0K1

Studio–3 beds

1–2 baths

$2,003–$5,129

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
College Park - Photo 1 of 1
Rent special

1d ago

9.4

Excellent

College Park

424 Yonge St, Toronto, ON M5B 2H3

Studio–2 beds

1–2 baths

$2,010–$3,334

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
Gerrard West - Photo 1 of 1
Rent special

4d ago

8.8

Very good

Gerrard West

99 & 99 Gerrard Street West, Toronto, ON M5G 0C4

1–3 beds

1–2 baths

$2,250–$5,300

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
The Britt - Photo 1 of 1
Rent special

5d+ ago

9.1

Excellent

The Britt

31 Phipps St, Toronto, ON M4Y 0E5

1–2 beds

1–2 baths

$2,425–$3,650

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Bay Street Corridor, Toronto, ON

Quick answers to common questions about the Bay Street Corridor rental market.

How much is rent in Bay Street Corridor?

The average rent in Bay Street Corridor is $2,742 per month as of October 24, 2026.

Is rent up or down in Bay Street Corridor?

Average rent prices in Bay Street Corridor have decreased by 1% over the last month and have decreased by 7% since last year.

How does Bay Street Corridor rent compare to the national average?

Rent in Bay Street Corridor is 44% above the national average, which means renters are paying approximately $842 more per month.

What salary do I need to afford rent in Bay Street Corridor?

To comfortably afford rent in Bay Street Corridor, you'd need to earn approximately $110,000/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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