Last updated on September 13, 2026

Average rent in
Bay Street Corridor, Toronto, ON

Median rent

Median rent in Bay Street Corridor

$2,865/mo

increased by1%

vs previous year

The average rent in Bay Street Corridor is $2,865 per month as of September 2026. This is 51% above the national average rent, or $965 more per month.

$3.99

average price per square foot

Total rentals

Available rentals in Bay Street Corridor

32

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Bay Street Corridor rentals at each price point

55%41%28%14%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 increased by 4% 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 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 $2,865. 1-bedroom apartments in Bay Street Corridor run $2,468 on average, while 2-bedroom apartments are $3,565.

Listings

Studio

$2,107

No Change

6%

1 bedroom

$2,455

1%

6%

2 bedroom

$3,550

4%

5%

3 bedroom

$4,650

No Change

9%

Studio

Average rent

$2,107

Last 30 days

No Change

Last year

6%

1 bedroom

Average rent

$2,455

Last 30 days

1%

Last year

6%

2 bedroom

Average rent

$3,550

Last 30 days

4%

Last year

5%

3 bedroom

Average rent

$4,650

Last 30 days

No Change

Last year

9%

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$2,865
increased by51%

higher than the national median

Median rent price$3,000
increased by58%

higher than the national median

Takeaway

The median rent for all rentals in Bay Street Corridor, Toronto, ON is 5% lower than the median rent in Entertainment District, Toronto, ON.

Discover rentals in Bay Street Corridor, Toronto, ON

Gerrard West - Photo 1 of 1
Rent special

1d ago

8.5

Very good

Gerrard West

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

1–3 beds

1–2 baths

$2,295–$5,300

Bay Charles Towers - Photo 1 of 1

1d ago

8.5

Very good

Bay Charles Towers

55 Charles St W, Toronto, ON M5S 2W9

1–3 beds

1–2 baths

$2,799–$7,699

801 The Royalton - Photo 1 of 1

5d+ ago

Bay Street Corridor condo for rent in Toronto

Other - Toronto, ON

801 The Royalton, Toronto, ON M5S 1Y9

2 beds

2 baths

$2,800

111 Elizabeth Street - Photo 1 of 1

5d+ ago

Bay Street Corridor apartment for rent in Toronto

2 beds

2 baths

$3,100

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 $2,865 per month as of September 12, 2026.

Is rent up or down in Bay Street Corridor?

Average rent prices in Bay Street Corridor have increased by 4% over the last month and have increased by 1% since last year.

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

Rent in Bay Street Corridor is 51% above the national average, which means renters are paying approximately $965 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 $115,000/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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