Gathering the latest market data
Average rent and live market data for every Toronto neighbourhood we track. Select an area for full detail.
Updated August 2026
Average asking rent in Toronto currently sits at $1,853 for a studio, $1,850 for a one-bedroom, $2,400 for a two-bedroom. These figures refresh every 24 hours from live listings, so they reflect what tenants are being asked to pay today — not a survey taken months ago.
| Unit Type | Average Asking Rent |
|---|---|
| Studio / Bachelor | $1,853 |
| 1 Bedroom | $1,850 |
| 2 Bedroom | $2,400 |
As of August 2026, average asking rent in Toronto is $1,853 for a studio, $1,850 for a one-bedroom, $2,400 for a two-bedroom. These figures are refreshed every 24 hours from active rental listings.
Real-IQ refreshes Toronto average-rent figures every 24 hours using active rental listings, so they reflect what tenants are being asked to pay today rather than a survey taken months ago.
© 2026 Real-IQ Inc. | Calgary, Alberta | Built on CMHC Methodology.