Last updated on October 28, 2026

Average rent in
Parkdale, Toronto, ON

Median rent

Median rent in Parkdale

$1,875/mo

decreased by6%

vs previous year

The average rent in Parkdale is $1,875 per month as of October 2026. This is 1% below the national average rent, or $25 less per month.

$3.89

average price per square foot

Total rentals

Available rentals in Parkdale

57

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Parkdale 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 Parkdale, Toronto, ON

Average rent prices in Parkdale have remained the same over the last month and have decreased by 6% 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 Parkdale, Toronto, ON

Rent prices in Parkdale vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Parkdale is $1,875, whereas a house costs $3,250. 1-bedroom apartments in Parkdale run $1,850 on average, while 2-bedroom apartments are $2,567.

Listings

Studio

$1,649

No Change

8%

1 bedroom

$1,862

No Change

7%

2 bedroom

$2,597

No Change

4%

3 bedroom

$3,500

No Change

1%

4 bedroom

$2,975

6%

31%

Studio

Average rent

$1,649

Last year

8%

1 bedroom

Average rent

$1,862

Last year

7%

2 bedroom

Average rent

$2,597

Last year

4%

3 bedroom

Average rent

$3,500

Last year

1%

4 bedroom

Average rent

$2,975

Last 30 days

6%

Last year

31%

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

Compare median rent prices in Parkdale and Fashion District by all bedroom counts and property types.

Parkdale

Median rent price$1,875
decreased by1%

lower than the national median

Median rent price$2,800
increased by47%

higher than the national median

Takeaway

The median rent for all rentals in Parkdale, Toronto, ON is 33% lower than the median rent in Fashion District, Toronto, ON.

Discover rentals in Parkdale, Toronto, ON

31 Spencer Ave - Photo 1 of 1

5d+ ago

8.8

Very good

31 Spencer Ave

31 Spencer Ave, Toronto, ON M6K 2J9

1–2 beds

1 bath

$1,380–$1,989

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.
Bel Manor Apartments - Photo 1 of 1
Rent special

4d ago

8.8

Very good

Bel Manor Apartments

145 Jameson Ave, Toronto, ON M6K 2X4

Studio–2 beds

1 bath

$1,400–$2,300

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.
Shorecrest - Photo 1 of 1

5d+ ago

8.8

Very good

Shorecrest

35 Spencer Ave, Toronto, ON M6K 2K1

Studio–3 beds

1 bath

$1,450–$2,750

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.
89 Macdonell Avenue - Photo 1 of 1

5d+ ago

Parkdale apartment for rent in Toronto

89 Macdonell Avenue, Toronto, ON

89 Macdonell Avenue, Toronto, ON M6R 2A4

1 bed

1 bath

$1,450

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 Parkdale, Toronto, ON

Quick answers to common questions about the Parkdale rental market.

How much is rent in Parkdale?

The average rent in Parkdale is $1,875 per month as of October 24, 2026.

Is rent up or down in Parkdale?

Average rent prices in Parkdale have remained the same over the last month and have decreased by 6% since last year.

How does Parkdale rent compare to the national average?

Rent in Parkdale is 1% below the national average, which means renters are paying approximately $25 less per month.

What salary do I need to afford rent in Parkdale?

To comfortably afford rent in Parkdale, you'd need to earn approximately $75,000/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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