Average Rent in Toronto

This rent report is based on current rental listings in Toronto. Use the data to understand typical monthly rental prices, compare property types and browse available homes in the area.

Average rent C$2,821
Lowest rent C$300
Highest rent C$20,000
Listings analysed 39,048

Average rent by bedrooms

Bedrooms Average rent Listings
Studio C$1,976 453
1 bedroom C$2,231 15,219
2 bedrooms C$2,936 13,093
3 bedrooms C$3,708 4,945
4 bedrooms C$5,038 1,045
5 bedrooms C$6,551 189
6 bedrooms C$8,565 35

Average rent by property type

Property type Average rent Listings
Apartment C$2,723 26,482
House C$3,150 6,977
Other C$2,390 2,159
Row / Townhouse C$3,199 2,063
Triplex C$2,568 349
Duplex C$2,859 334
Residential Commercial Mix C$2,345 240
Fourplex C$2,768 184
None C$4,090 41
Parking C$486 12

Average rent by area in Toronto

Area Average rent Listings
M5V C$2,962 2,542
M5A C$2,572 2,098
M4Y C$2,764 1,991
M2N C$2,779 1,800
M5B C$2,603 1,351
M2K C$2,676 1,186
M2J C$2,559 924
M4P C$2,659 853
M5S C$3,076 811
M8V C$2,876 807
M3C C$2,580 807
M6K C$2,650 760
M6H C$2,703 731
M2M C$2,766 690
M4W C$3,492 687

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Frequently asked questions

What is the average rent in Toronto?

The average rent in Toronto is C$2,821 per month, based on 39,048 current rental listings.

How many rental listings were analysed in Toronto?

This report is based on 39,048 rental listings in Toronto. The figures are updated when new listings are added or old listings are removed.

What is the cheapest rent found in Toronto?

The lowest monthly rent currently found in Toronto is C$300. Rental prices can change quickly, so always check the latest listing details.

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