Last updated on May 29, 2026

Average rent in
Mimico, Toronto, ON

Median rent

Median rent in Mimico

$1,997/mo

decreased by7%

vs previous year

The average rent in Mimico is $1,997 per month as of May 2026. This is 2% above the national average rent, or $47 more per month.

$2.97

average price per square foot

Total rentals

Available rentals in Mimico

17

for rent on Zumper.com as of May 2026

Rent price distribution

Share of Mimico rentals at each price point

85%64%43%21%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 remained the same 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 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 $2,887. 1-bedroom apartments in Mimico run $1,870 on average, while 2-bedroom apartments are $2,397.

Listings

Studio

$1,747

1%

1%

1 bedroom

$1,845

1%

8%

2 bedroom

$2,397

2%

4%

3 bedroom

$2,795

2%

10%

4 bedroom

$8,500

9%

707%

Studio

Average rent

$1,747

Last 30 days

1%

Last year

1%

1 bedroom

Average rent

$1,845

Last 30 days

1%

Last year

8%

2 bedroom

Average rent

$2,397

Last 30 days

2%

Last year

4%

3 bedroom

Average rent

$2,795

Last 30 days

2%

Last year

10%

4 bedroom

Average rent

$8,500

Last 30 days

9%

Last year

707%

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$1,997
increased by2%

higher than the national median

Median rent price$2,060
increased by6%

higher than the national median

Takeaway

The median rent for all rentals in Mimico, Toronto, ON is 3% lower than the median rent in Alderwood, Toronto, ON.

Discover rentals in Mimico, Toronto, ON

2294 Lake Shore Blvd W #102 - Photo 1 of 1

5d+ ago

Mimico apartment for rent in Toronto

2294 Lake Shore Boulevard West - Room 102

2294 Lake Shore Blvd W #102, Toronto, ON M8V 1B4

5 beds

2 baths

$1,050

Apartment for rent

Available Jun 1

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

5d+ ago

Mimico apartment for rent in Toronto

Apartment for rent

Available Mar 1

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

5d+ ago

Mimico apartment for rent in Toronto

Apartment for rent

Available Mar 1

Promenade Apartments - Photo 1 of 1

1d ago

9.4

Excellent

Promenade Apartments

2301 Lake Shore Blvd W, Toronto, ON M8V 1A7

2 beds

1 bath

$1,999

Apartment for rent

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 $1,997 per month as of May 23, 2026.

Is rent up or down in Mimico?

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

How does Mimico rent compare to the national average?

Rent in Mimico is 2% above the national average, which means renters are paying approximately $47 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 $80,000/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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