Toronto, ON rental market

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Last updated August 27, 2025

Rental market summary

The average rent for all bedrooms and all property types in Toronto, ON is $2,600.

Average rent

$2,600

Month-over-month change

+$25

Year-over-year change

-$100

Available rentals

10,196

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $100 to $60,000.

Rent frequencies
Rent priceNumber of rental properties
$034
$6004
$70022
$80034
$90047
$1,00050
$1,10057
$1,20054
$1,30078
$1,400135
$1,500210
$1,600283
$1,700402
$1,800494
$1,900577
$2,000549
$2,100771
$2,200915
$2,300940
$2,400932
$2,500824
$2,600717
$2,700669
$2,800667
$2,900743
$3,000467
$3,100453
$3,200445
$3,300303
$3,400395
$3,500334
$3,600226
$3,700237
$3,800198
$3,900242
$4,000133
$4,100113
$4,200132
$4,30081
$4,400109
$4,500100
$4,60049
$4,70054
$4,80058
$4,90094
$5,000+534

Average rent price over time

In the last year, rent has decreased by $100 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,800$2,600
Feb$2,799$2,600
Mar$2,700$2,567
Apr$2,675$2,500
May$2,650$2,500
Jun$2,700$2,500
Jul$2,700$2,500
Aug$2,700$2,575
Sep$2,700No data
Oct$2,700No data
Nov$2,679No data
Dec$2,600No data

Market temperature

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

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Toronto, ON is 24% higher than the national average.

Toronto, ONvs.

$2,600

$2,100

Rent in Toronto, ON

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Frequently asked questions

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

The average rent in Toronto, ON is $2,600.

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

Houses in Toronto, ON rent between $100 - $60,000 with an average rent of $2,600.

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

In the last year, the rent in Toronto, ON decreased by $100

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

In the last month, the rent in Toronto, ON increased by $25

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

There are currently 10,196 rentals available in Toronto, ON.

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

The average rent in Toronto, ON is $2,600 — 23.81% higher the national average of $2,100.