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Apartments in Toronto

31 - 35 of 35 Results
6
3D Tour
$1,599
Glazebrook Avenue Apartment
7 Glazebrook Avenue Toronto, ON
1 BR | Available Now
Contact
Heat Included
Virtual Tour
12
3D Tour
$3,850
Heritage On The Trail
3 Elsie Ln Toronto, ON
3 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Townhome
Air Conditioning
12
$1,599
Donlands Apartments
5 Donlands Avenue Toronto, ON
1 BR | Available Now
Contact
Heat Included
Air Conditioning
9
$980 - 1,180
PER
ROOM
Near Humber College Lakeshore Campus
148 Islington Ave Etobicoke, ON
3 BR | Available Now
Contact
Heat Included
Furnished
Student
Virtual Tour
Air Conditioning
7
$1,460 - 1,580
PER
ROOM
12&14 York Street, Toronto, ON M5J 0A9, Canada
Toronto, ON
5 BR | Available Now
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Heat Included
Furnished
Student
Virtual Tour
Air Conditioning
31 - 35 of 35 Results
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  2. Toronto

How much does it cost to rent an apartment in Toronto?

Toronto Apartments
Bed Type Average Rent Range
Studio $1,570 $1,250 - $1,900
1BR $2,100 $1,350 - $2,640
2BR $2,870 $1,660 - $6,090
3BR $3,150 $2,600 - $5,800
4+BR $4,250 $3,750 - $4,750
Frequently Asked Questions

How many apartments are available in Toronto, ON on Rentable.co?

Rentable.co has over 712 apartments available in Toronto.

What is the average rent for a studio apartment in Toronto, ON?

The average rent for a studio apartment in Toronto is around $1,570 per month.

What is the average rent for a one-bedroom apartment in Toronto, ON?

The average rent for a one-bedroom apartment in Toronto is around $2,100 per month.

What is the average rent for a two-bedroom apartment in Toronto, ON?

The average rent for a two-bedroom apartment in Toronto is around $2,870 per month.

How expensive is it to rent an apartment in Toronto, ON?

For a two-bedroom apartment in Toronto, the average rent price is $2,870 per month, which is higher than the national average of $1,600 per month.

Can I afford an apartment for rent in Toronto, ON?

Based on average rent prices in Toronto, to afford a studio apartment you would need an annual household income of $63,000 to live comfortably.

Toronto:
November Rent Report

Welcome to the November 2024 Toronto Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Toronto rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Toronto and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Toronto average rent prices in the chart below.

Monthly Rent Report

$3,350
$2,510
$1,680
$840
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Toronto Rent Prices Decrease From October to November

Toronto rent prices decreased over the last month. From October to November, the city experienced a -0.5% decrease for the price of a one-bedroom apartment. The rent price for a Toronto one-bedroom apartments currently stands at $2,200.0.

When we take a look at the two-bedroom comparison from October to November, Toronto experienced a -0.73% decrease for the price of a two-bedroom apartment. The rent price for a Toronto two-bedroom apartments currently stands at $2,728.0.

November Prices: Toronto vs. Surrounding Areas

Rent Prices in Toronto and Surrounding Areas

Rent prices have decreased in Toronto over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Toronto suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Toronto suburbs

  • Rents did not decrease in any of the Toronto suburbs.

November 2024 Pricing Trends: Toronto vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Toronto Rent Prices More Affordable Than Major Cities

Rent growth in Toronto over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Toronto average rent prices appear to be relatively affordable for local residents.

The price for a Toronto one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Toronto and surrounding area rent prices, take a look at the complete data set below.

Data set for Toronto and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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