Toronto, ON rental market
What is the average rent in Toronto, ON?
Rental market summary
The average rent for all bedrooms and all property types in Toronto, ON is $2,498.
Average rent
$2,498
Month-over-monthMoM change
+$3
Year-over-yearYoY change
-$52
Available rentals
10,136
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $100 to $80,000.
| Rent price | Number of rental properties |
|---|---|
| $0 | 29 |
| $500 | 3 |
| $600 | 14 |
| $700 | 38 |
| $800 | 81 |
| $900 | 99 |
| $1,000 | 82 |
| $1,100 | 113 |
| $1,200 | 134 |
| $1,300 | 168 |
| $1,400 | 300 |
| $1,500 | 387 |
| $1,600 | 461 |
| $1,700 | 528 |
| $1,800 | 545 |
| $1,900 | 664 |
| $2,000 | 580 |
| $2,100 | 697 |
| $2,200 | 823 |
| $2,300 | 824 |
| $2,400 | 842 |
| $2,500 | 744 |
| $2,600 | 630 |
| $2,700 | 563 |
| $2,800 | 531 |
| $2,900 | 603 |
| $3,000 | 441 |
| $3,100 | 377 |
| $3,200 | 408 |
| $3,300 | 309 |
| $3,400 | 348 |
| $3,500 | 306 |
| $3,600 | 190 |
| $3,700 | 168 |
| $3,800 | 148 |
| $3,900 | 194 |
| $4,000 | 117 |
| $4,100 | 103 |
| $4,200 | 105 |
| $4,300 | 61 |
| $4,400 | 107 |
| $4,500 | 107 |
| $4,600 | 40 |
| $4,700 | 48 |
| $4,800 | 45 |
| $4,900 | 77 |
| $5,000+ | 508 |
Average rent price over time
In the last year, rent has decreased by $52 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $2,600 | $2,500 |
| Feb | $2,600 | $2,450 |
| Mar | $2,567 | $2,450 |
| Apr | $2,500 | $2,400 |
| May | $2,500 | $2,400 |
| Jun | $2,500 | $2,400 |
| Jul | $2,500 | $2,409 |
| Aug | $2,575 | $2,450 |
| Sep | $2,600 | $2,450 |
| Oct | $2,599 | $2,450 |
| Nov | $2,550 | $2,498 |
| Dec | $2,500 | No data |
Market temperature
The Toronto, ON rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Toronto, ON is 25% higher than the national average.
$2,498
$2,000
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Frequently asked questions
1. What is the average rent in Toronto, ON?
2. What is the average rent for a studio apartment in Toronto, ON?
3. What is the average rent for a one-bedroom apartment in Toronto, ON?
4. What is the average rent for a two-bedroom apartment in Toronto, ON?
5. What is the average rent for a three-bedroom apartment in Toronto, ON?
6. What is the average rent for a four-bedroom apartment in Toronto, ON?
7. How much does it cost to rent a house in Toronto, ON?
8. How has the rent in Toronto, ON changed in the last year?
9. How much has the rent in Toronto, ON increased/decreased in the last month?
10. How many available rentals are there in Toronto, ON?
11. How do rent prices in Toronto, ON compare with the national average?
