Apartments in Toronto

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7
Homewood Rooming Apartment for rent in Toronto, ON
$1,300
7 - 9 Homewood Ave Toronto, ON
1 BR | Ask for Availability
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Heat Included
Air Conditioning
9
Located At Weston And Finch Avenues Apartment for rent in Toronto, ON
$800 - 1,100
PER
ROOM
15 Vena Way Toronto, ON
4 BR | Available Now
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Furnished
Student
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9
Near Humber College Lakeshore Campus Apartment for rent in Etobicoke, ON
$980 - 1,180
PER
ROOM
148 Islington Ave Etobicoke, ON
3 BR | Available Now
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Furnished
Student
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Air Conditioning
12
Donlands Apartments Apartment for rent in Toronto, ON
$1,599
5 Donlands Avenue Toronto, ON
1 BR | Available Now
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Air Conditioning
$2,200
50 60 Holly St Toronto, ON
1 BR | Jul. 1, 2025
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Dog Friendly
Cat Friendly
12
3D Tour
Heritage On The Trail Apartment for rent in Toronto, ON
$3,850
3 Elsie Ln Toronto, ON
3 BR | Available Now
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Dog Friendly
Cat Friendly
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Townhome
Air Conditioning
13
15-minute Walk To Ryerson University Apartment for rent in Toronto, ON
$1,340 - 1,780
PER
ROOM
561 Sherbourne St Toronto, ON
3 BR | Available Now
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Heat Included
Furnished
Student
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Air Conditioning
4
Gerrard Suites Apartment for rent in Toronto, ON
$1,250
1908 Gerrard Street Toronto, ON
Studio | Available Now
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Air Conditioning
8
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Eastwood Apartments Apartment for rent in Toronto, ON
Call for Pricing
15 Eastwood Road Toronto, ON
Studio | Ask for Availability
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Storage
$5,800
Toronto, ON
3 BR | Ask for Availability
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How much does it cost to rent an apartment in Toronto?

Toronto Apartments
Bed Type Average Rent Range
Studio $1,520 $1,250 - $1,800
1BR $1,960 $1,390 - $2,700
2BR $2,580 $1,920 - $5,200
3BR $3,470 $3,030 - $5,800

Toronto:
June Rent Report

Welcome to the June 2025 Toronto Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2025 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

$2,850
$2,140
$1,430
$710
$0
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
1 BR       2 BR

Toronto Rent Prices Increase From May to June

Toronto rent prices increased over the last month. From May to June, the city experienced a 0.48% increase for the price of a one-bedroom apartment. The rent price for a Toronto one-bedroom apartments currently stands at $2,079.0.

When we take a look at the two-bedroom comparison from May to June, Toronto experienced a 0.42% increase for the price of a two-bedroom apartment. The rent price for a Toronto two-bedroom apartments currently stands at $2,614.0.

June Prices: Toronto vs. Surrounding Areas

Rent Prices in Toronto and Surrounding Areas

Rent prices have increased 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.

June 2025 Pricing Trends: Toronto vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Pittsburgh, PA
Minneapolis, MN
$4,101
$3,197
$2,350
$2,316
$1,870
$1,341
$1,263
$1,247
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Toronto Rent Prices More Affordable Than Major Cities

Rent growth in Toronto over the past year has been on the rise. 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 June 1 BR M/M % Change 2 BR June 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.