Toronto, ON rental market

What is the average rent in Toronto, ON?

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Last updated September 17, 2026

Rental market summary

The average rent for all bedrooms and all property types in Toronto, ON is $2,450.

Average rent

$2,450

Month-over-month change

$0

Year-over-year change

-$150

Available rentals

9,471

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $125 to $80,000.

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Rent frequencies
Rent priceNumber of rental properties
$046
$5005
$6007
$70032
$80062
$90074
$1,00064
$1,10093
$1,200103
$1,300120
$1,400211
$1,500304
$1,600400
$1,700465
$1,800513
$1,900624
$2,000576
$2,100763
$2,200883
$2,300879
$2,400780
$2,500661
$2,600554
$2,700534
$2,800485
$2,900537
$3,000422
$3,100351
$3,200363
$3,300271
$3,400310
$3,500266
$3,600167
$3,700197
$3,800180
$3,900174
$4,000111
$4,10090
$4,20087
$4,30050
$4,40083
$4,500106
$4,60043
$4,70033
$4,80025
$4,90072
$5,000+438

Average rent price over time

In the last year, rent has decreased by $150 compared to the previous year.

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Average rent price over time
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$2,599No data
Nov$2,550No data
Dec$2,500No data

Market temperature

The Toronto, ON rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Toronto, ON is 23% higher than the national average.

Toronto, ONvs.

$2,450

$2,000

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Frequently asked questions

1. What is the average rent in Toronto, ON?

The average rent in Toronto, ON is $2,450.

2. What is the average rent for a studio apartment in Toronto, ON?

The average rent for a studio apartment in Toronto, ON is $1,700 per month.

3. What is the average rent for a one-bedroom apartment in Toronto, ON?

The average rent for a one-bedroom apartment in Toronto, ON is $2,000 per month.

4. What is the average rent for a two-bedroom apartment in Toronto, ON?

The average rent for a two-bedroom apartment in Toronto, ON is $2,550 per month.

5. What is the average rent for a three-bedroom apartment in Toronto, ON?

The average rent for a three-bedroom apartment in Toronto, ON is $3,100 per month.

6. What is the average rent for a four-bedroom apartment in Toronto, ON?

The average rent for a four-bedroom apartment in Toronto, ON is $8,598 per month.

7. How much does it cost to rent a house in Toronto, ON?

Houses in Toronto, ON rent between $125 - $80,000 with an average rent of $2,450.

8. How has the rent in Toronto, ON changed in the last year?

In the last year, the rent in Toronto, ON decreased by $150

9. How much has the rent in Toronto, ON increased/decreased in the last month?

In the last month, the rent in Toronto, ON did not change.

10. How many available rentals are there in Toronto, ON?

There are currently 9,471 rentals available in Toronto, ON.

11. How do rent prices in Toronto, ON compare with the national average?

The average rent in Toronto, ON is $2,450 — 22.5% higher the national average of $2,000.

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