Last updated on June 15, 2026

Average rent in
Bay Street Corridor, Toronto, ON

Median rent

Median rent in Bay Street Corridor

$3,100/mo

increased by7%

vs previous year

The average rent in Bay Street Corridor is $3,100 per month as of June 2026. This is 59% above the national average rent, or $1,150 more per month.

$4.58

average price per square foot

Total rentals

Available rentals in Bay Street Corridor

49

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Bay Street Corridor rentals at each price point

50%38%25%13%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 2% over the last month and have increased 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 $3,040, whereas a house costs $5,050. 1-bedroom apartments in Bay Street Corridor run $2,595 on average, while 2-bedroom apartments are $3,450.

Listings

Studio

$2,121

No Change

5%

1 bedroom

$2,595

1%

23%

2 bedroom

$3,368

3%

7%

3 bedroom

$4,650

2%

12%

Studio

Average rent

$2,121

Last 30 days

No Change

Last year

5%

1 bedroom

Average rent

$2,595

Last 30 days

1%

Last year

23%

2 bedroom

Average rent

$3,368

Last 30 days

3%

Last year

7%

3 bedroom

Average rent

$4,650

Last 30 days

2%

Last year

12%

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$3,100
increased by59%

higher than the national median

Median rent price$4,000
increased by105%

higher than the national median

Takeaway

The median rent for all rentals in Bay Street Corridor, Toronto, ON is 23% lower than the median rent in Entertainment District, Toronto, ON.

Discover rentals in Bay Street Corridor, Toronto, ON

25 St. Mary Street - Photo 1 of 1
Rent special

2d ago

8.8

Very good

25 St. Mary Street

25 St Mary St, Toronto, ON M4Y 1R2

Studio–2 beds

1 bath

$1,747–$2,597

Apartment for rent

16 St. Joseph Street - Photo 1 of 1
Rent special

5d+ ago

9.1

Excellent

16 St. Joseph Street

16 St Joseph St, Toronto, ON M4Y 1J9

1 bed

1 bath

$1,900

Apartment for rent

1101 Bay - Photo 1 of 1
Rent special

3d ago

8.8

Very good

1101 Bay

1101 Bay St, Toronto, ON M5S 2W8

Studio–2 beds

1 bath

$2,069–$3,599

Apartment for rent

College Park - Photo 1 of 1
Rent special

3d ago

9.4

Excellent

College Park

424 Yonge St, Toronto, ON M5B 2H3

Studio–2 beds

1–2 baths

$2,246–$3,334

Apartment for rent

Stay up to date with rental market insights

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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 $3,100 per month as of June 13, 2026.

Is rent up or down in Bay Street Corridor?

Average rent prices in Bay Street Corridor have decreased by 2% over the last month and have increased by 7% since last year.

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

Rent in Bay Street Corridor is 59% above the national average, which means renters are paying approximately $1,150 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 $124,000/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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