Last updated on October 12, 2026

Average rent in
Mimico, Toronto, ON

Median rent

Median rent in Mimico

$1,968/mo

increased by2%

vs previous year

The average rent in Mimico is $1,968 per month as of October 2026. This is 4% above the national average rent, or $68 more per month.

$2.69

average price per square foot

Total rentals

Available rentals in Mimico

19

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Mimico 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 Mimico, Toronto, ON

Average rent prices in Mimico have decreased by 7% over the last month and have increased by 2% 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 Mimico, Toronto, ON

Rent prices in Mimico vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Mimico is $1,997, whereas a house costs $5,995. 1-bedroom apartments in Mimico run $1,849 on average, while 2-bedroom apartments are $2,397.

Listings

Studio

$1,747

No Change

No Change

1 bedroom

$1,845

6%

4%

2 bedroom

$2,397

5%

1%

3 bedroom

$3,150

15%

46%

4 bedroom

$3,500

No Change

114%

Studio

Average rent

$1,747

Last 30 days

No Change

Last year

No Change

1 bedroom

Average rent

$1,845

Last 30 days

6%

Last year

4%

2 bedroom

Average rent

$2,397

Last 30 days

5%

Last year

1%

3 bedroom

Average rent

$3,150

Last 30 days

15%

Last year

46%

4 bedroom

Average rent

$3,500

Last year

114%

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

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

Mimico

Median rent price$1,968
increased by4%

higher than the national median

Median rent price$2,195
increased by16%

higher than the national median

Takeaway

The median rent for all rentals in Mimico, Toronto, ON is 10% lower than the median rent in Alderwood, Toronto, ON.

Discover rentals in Mimico, Toronto, ON

80 Mimico Ave - Photo 1 of 1

5d+ ago

Mimico apartment for rent in Toronto

2 beds

1 bath

$1,550–$2,400

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.
2513 Lake Shore Boulevard West #11 - Photo 1 of 1

5d+ ago

Mimico apartment for rent in Toronto

2 beds

1 bath

$1,800

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.
2513 Lake Shore Boulevard West #3 - Photo 1 of 1

5d+ ago

Mimico apartment for rent in Toronto

2 beds

1 bath

$1,800

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.
Landmark Apartments - Photo 1 of 1

2d ago

9.3

Excellent

Landmark Apartments

2493 Lake Shore Blvd W, Toronto, ON M8V 1C7

2 beds

1 bath

$2,245

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.

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 Mimico, Toronto, ON

Quick answers to common questions about the Mimico rental market.

How much is rent in Mimico?

The average rent in Mimico is $1,968 per month as of October 10, 2026.

Is rent up or down in Mimico?

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

How does Mimico rent compare to the national average?

Rent in Mimico is 4% above the national average, which means renters are paying approximately $68 more per month.

What salary do I need to afford rent in Mimico?

To comfortably afford rent in Mimico, you'd need to earn approximately $79,000/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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