Last updated on August 2, 2026

Average rent in
University of Toronto, Toronto, ON

Median rent

Median rent in University Of Toronto

$2,949/mo

increased by10%

vs previous year

The average rent in University Of Toronto is $2,949 per month as of August 2026. This is 52% above the national average rent, or $1,009 more per month.

$3.48

average price per square foot

Total rentals

Available rentals in University Of Toronto

24

for rent on Zumper.com as of August 2026

Rent price distribution

Share of University Of Toronto rentals at each price point

60%45%30%15%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in University of Toronto, Toronto, ON

Average rent prices in University Of Toronto have decreased by 41% over the last month and have increased by 10% 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 University of Toronto, Toronto, ON

Rent prices in University Of Toronto vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in University Of Toronto is $3,000, whereas a house costs $4,200. 1-bedroom apartments in University Of Toronto run $2,395 on average, while 2-bedroom apartments are $2,850.

Listings

Studio

$2,303

No Change

32%

1 bedroom

$2,695

No Change

73%

2 bedroom

$3,367

2%

-

3 bedroom

$3,300

260%

43%

4 bedroom

$4,650

116%

24%

Studio

Average rent

$2,303

Last year

32%

1 bedroom

Average rent

$2,695

Last 30 days

No Change

Last year

73%

2 bedroom

Average rent

$3,367

Last 30 days

2%

3 bedroom

Average rent

$3,300

Last 30 days

260%

Last year

43%

4 bedroom

Average rent

$4,650

Last 30 days

116%

Last year

24%

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

Compare median rent prices in University Of Toronto and Cabbagetown by all bedroom counts and property types.

University Of Toronto

Median rent price$2,949
increased by52%

higher than the national median

Median rent price$2,175
increased by12%

higher than the national median

Takeaway

The median rent for all rentals in University Of Toronto, Toronto, ON is 36% higher than the median rent in Cabbagetown, Toronto, ON.

Discover rentals in University of Toronto, Toronto, ON

233 Borden Street #C - Photo 1 of 1

5d+ ago

University of Toronto apartment for rent in Toronto

4 beds

2 baths

$5,175

$4,995

Price drop

Apartment for rent

Available Sep 1

97 Spadina Road #100 - Photo 1 of 1

13h ago

University of Toronto apartment for rent in Toronto

Studio

1 bath

$1,099

$998

Price drop

Apartment for rent

Available Sep 1

Stay up to date with rental market insights

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Frequently asked questions for University of Toronto, Toronto, ON

Quick answers to common questions about the University Of Toronto rental market.

How much is rent in University Of Toronto?

The average rent in University Of Toronto is $2,949 per month as of August 1, 2026.

Is rent up or down in University Of Toronto?

Average rent prices in University Of Toronto have decreased by 41% over the last month and have increased by 10% since last year.

How does University Of Toronto rent compare to the national average?

Rent in University Of Toronto is 52% above the national average, which means renters are paying approximately $1,009 more per month.

What salary do I need to afford rent in University Of Toronto?

To comfortably afford rent in University Of Toronto, you'd need to earn approximately $118,000/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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