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$2,801
Lowest rent C$300
Highest rent C$20,000
Listings analysed 24,705

Average rent by bedrooms

Bedrooms Average rent Listings
Studio C$2,024 241
1 bedroom C$2,197 9,442
2 bedrooms C$2,915 7,650
3 bedrooms C$3,690 2,973
4 bedrooms C$4,985 599
5 bedrooms C$7,095 93
6 bedrooms C$9,672 11

Average rent by property type

Property type Average rent Listings
Apartment C$2,705 16,124
House C$3,049 4,784
Other C$2,368 1,519
Row / Townhouse C$3,169 1,348
Triplex C$2,545 232
Duplex C$2,795 225
Residential Commercial Mix C$2,375 163
Fourplex C$2,777 115
None C$5,028 21
Parking C$321 11

Average rent by area in Toronto

Area Average rent Listings
M5V C$3,005 1,498
M5A C$2,541 1,430
M4Y C$2,721 1,152
M2N C$2,740 1,117
M5B C$2,563 799
M2K C$2,636 602
M2J C$2,561 564
M4P C$2,634 552
M3C C$2,534 532
M8V C$2,870 526
M5S C$3,121 485
M6H C$2,735 483
M6K C$2,616 480
M2M C$2,702 448
M5R C$3,960 404

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Frequently asked questions

What is the average rent in Toronto?

The average rent in Toronto is C$2,801 per month, based on 24,705 current rental listings.

How many rental listings were analysed in Toronto?

This report is based on 24,705 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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