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$2,825
Lowest rent C$300
Highest rent C$20,000
Listings analysed 42,416

Average rent by bedrooms

Bedrooms Average rent Listings
Studio C$1,976 453
1 bedroom C$2,222 16,039
2 bedrooms C$2,906 14,709
3 bedrooms C$3,686 5,520
4 bedrooms C$4,980 1,187
5 bedrooms C$6,778 258
6 bedrooms C$7,867 58
7 bedrooms C$8,895 21

Average rent by property type

Property type Average rent Listings
Apartment C$2,717 28,837
House C$3,192 7,598
Other C$2,390 2,295
Row / Townhouse C$3,212 2,238
Triplex C$2,571 378
Duplex C$2,856 358
Residential Commercial Mix C$2,337 252
Fourplex C$2,783 197
None C$4,090 41
Parking C$486 12

Average rent by area in Toronto

Area Average rent Listings
M5V C$2,962 2,543
M2N C$2,786 2,422
M5A C$2,574 2,100
M4Y C$2,764 1,991
M2K C$2,702 1,560
M5B C$2,603 1,352
M2J C$2,539 1,239
M4P C$2,645 1,146
M3C C$2,607 997
M2M C$2,795 884
M5S C$3,076 811
M8V C$2,876 807
M6K C$2,650 760
M6H C$2,699 734
M4S C$2,879 712

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Frequently asked questions

What is the average rent in Toronto?

The average rent in Toronto is C$2,825 per month, based on 42,416 current rental listings.

How many rental listings were analysed in Toronto?

This report is based on 42,416 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.