Median rent for residential in as of Apr, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
1,560 Toronto, ON, Canada apartments for rent
Housing Trends
How much is an apartment in Toronto, ON, Canada
Average rent in Toronto: $2,864 (+1%)
| Rent Price | Apr | vs Last Month |
|---|---|---|
| 1 bed rentals | $2,356 | -3.4% |
| 2 bed rentals | $3,236 | +0.8% |
| 3 bed rentals | $3,882 | -4.4% |
| 4+ bed rentals | $4,338 | -1.1% |
Over the Apr 2022, the average rent for an apartment in/near Toronto, ON, Canada increased by 1% to CA$2,864.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at CA$2,356 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you CA$3,236. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for CA$3,882. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around CA$4,338 for a big-family home.
| Rent Type Price | Apr | vs Last Month |
|---|---|---|
| Condo rentals | $2,421 | -20.6% |
| House rentals | $1,451 | -17.4% |
| Apartment rentals | $2,919 | +2.6% |
| Room rentals | $1,041 | -12% |
| Townhouse rentals | $2,623 | -24.4% |
| Loft rentals | $2,855 | N/A |
Looking at the median rent price for an apartment in Toronto, ON, Canada, you can note that it remains flat with a price tag of CA$2,919. The median rent for a house is still CA$1,451 with no significant changes this month. Condo for rent is now available for the same pricing as previously — CA$2,421. The median rent for a loft did not face significant changes this time, it now still goes for CA$2,855. If you’re looking for a room, the price tag still starts at CA$1,041. The median price did not change this time. Townhouse rent pricing didn’t change, the price still starts at CA$2,623.
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