Average Rent Over Time
Monthly asking rent across Greater Toronto Area, updated daily from active listings.
Building class is derived from the local rent distribution: A = premium (top quartile), B = mid-market (median), C = entry-level (bottom quartile).
Neighbourhood Intelligence
Drill down into specific sub-markets to identify high-yield opportunities and softening zones. Click any neighbourhood for full rent history.
Methodology & Precision
Real-IQ Daily Tracking
We scrape Greater Toronto Area listings daily across major platforms to produce average asking rent by unit type — refreshed every 24 hours from what tenants are actually being asked to pay.
Building Class (A / B / C)
Every listing is placed against the local rent distribution — Class A (premium), B (mid-market), C (entry-level) — so you can track each tier separately, not just a single blended average.
Better Data,
Faster Decisions.
GTA landlords and investors use Real-IQ to track rent movement by unit type and building class in real time — not months after the fact.
Refresh Rate
Rent by Class
Toronto Rental Market Analysis
Updated September 2026
Average asking rent in Toronto currently sits at $1,850 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 | $1,850 |
| 1 Bedroom | $1,850 |
| 2 Bedroom | $2,400 |
Toronto Rent — Frequently Asked Questions
How much is rent in Toronto?+
As of September 2026, average asking rent in Toronto is $1,850 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.
How often is Toronto rent data updated?+
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.