Toronto Rental Listings — November 2025

Key Market Indicators

Overall median listing price

$2,599

MoM: -0.0% · YoY: -0.0% · 3m: -1.7% · n=5325

IQR: $2,150 – $3,300

1-bed median listing price

$2,000

MoM: 0.0% · YoY: -7.0% · 3m: -2.4% · n=1872

IQR: $1,790 – $2,279

2-bed median listing price

$2,650

MoM: -0.9% · YoY: -5.4% · 3m: -1.9% · n=1837

IQR: $2,400 – $3,000

3+ median listing price

$3,700

MoM: +1.4% · YoY: +6.6% · 3m: 0.0% · n=1616

IQR: $3,199 – $4,400

Trend & Mix Visuals

Median with IQR (filter by bedroom)

Bedroom mix share

Price distribution (1- & 2-bed) — November 2025

1-bed 3-month outlook (80/95% bands) — SARIMA(1, 1, 0)×(1, 0, 1, 12) AIC=-43.7 — Backtest MAPE: —

2-bed 3-month outlook (80/95% bands) — SARIMA(1, 1, 0)×(1, 0, 1, 12) AIC=-50.2 — Backtest MAPE: —

Income Benchmarks

Income needed to afford (rule-of-thumb 3.0× rent)

Hourly = (median × 3.0) ÷ (40.0 × 52.0 ÷ 12). Annual = hourly × 40.0 × 52.0.

1-bed

$34.62/hr

Annual: $72,000

2-bed

$45.87/hr

Annual: $95,400

3+ bed

$64.04/hr

Annual: $133,200