|Rent Price||Aug||vs Last Month|
|1 bed rentals||$2,710||-13.7%|
|2 bed rentals||$3,854||+5.8%|
|3 bed rentals||$4,533||-6.1%|
|4+ bed rentals||$6,215||-12.7%|
Over the Aug 2022, the average rent for an apartment in/near Toronto, ON, Canada decreased by 5.4% to CA$3,944.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 13.7% to CA$2,710. Pricing for 2-bed apartment also increased by 5.8% and a place of this size will now cost you CA$3,854. 3-bed apartment rent pricing starts at CA$4,533, it decreased by 6.1% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 12.7% and made it down to CA$6,215.
|Rent Type Price||Aug||vs Last Month|
The median rent for an apartment in Toronto, ON, Canada decreased by 4.3% to CA$4,001. Statistics show that house rent price decreased by 1.1% this month making it up to CA$1,830. Condos faced an upward trend these days. The median rent for a condo increased by 17.8%, it’s now available for CA$2,948. An average room will now go for CA$1,111, the median rent price for a room increased by 13.5%. The median rent for a townhouse decreased by 42.9%, you’ll have to spend around CA$3,479 to get one.