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$2,831
Lowest rent C$300
Highest rent C$20,000
Listings analysed 45,260

Average rent by bedrooms

Bedrooms Average rent Listings
Studio C$1,976 453
1 bedroom C$2,215 16,720
2 bedrooms C$2,888 16,008
3 bedrooms C$3,667 6,037
4 bedrooms C$4,928 1,340
5 bedrooms C$6,872 324
6 bedrooms C$7,747 88
7 bedrooms C$8,258 29

Average rent by property type

Property type Average rent Listings
Apartment C$2,715 30,663
House C$3,229 8,240
Other C$2,390 2,448
Row / Townhouse C$3,226 2,376
Triplex C$2,584 403
Duplex C$2,867 377
Residential Commercial Mix C$2,315 270
Fourplex C$2,787 215
None C$4,090 41
Parking C$486 12

Average rent by area in Toronto

Area Average rent Listings
M2N C$2,803 2,912
M5V C$2,962 2,543
M5A C$2,574 2,100
M4Y C$2,764 1,991
M2K C$2,729 1,788
M2J C$2,544 1,495
M4P C$2,648 1,376
M5B C$2,602 1,353
M3C C$2,661 1,154
M2M C$2,812 1,006
M4S C$2,876 862
M5S C$3,076 811
M8V C$2,876 807
M6K C$2,650 760
M6H C$2,699 734

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Frequently asked questions

What is the average rent in Toronto?

The average rent in Toronto is C$2,831 per month, based on 45,260 current rental listings.

How many rental listings were analysed in Toronto?

This report is based on 45,260 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.