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Inference Economics
Monthly rental market intelligence

Toronto Rental Listings — January 2026

January 2026 Toronto
Key Market Indicators
Overall median listing price
$2,550
MoM: +2.0% · YoY: -1.9% · 3m: -1.9% · n=5025
IQR: $2,100 – $3,200
1-bed median listing price
$1,950
MoM: 0.0% · YoY: -11.2% · 3m: -2.5% · n=1787
IQR: $1,770 – $2,200
2-bed median listing price
$2,644
MoM: +1.7% · YoY: -5.6% · 3m: -1.1% · n=1698
IQR: $2,400 – $3,000
3+ median listing price
$3,516
MoM: +0.5% · YoY: -2.3% · 3m: -3.7% · n=1540
IQR: $3,100 – $4,000
Trend & Mix Visuals
Median with IQR (filter by bedroom)
Bedroom mix share
Price distribution (1- & 2-bed) — January 2026
1-bed 3-month outlook (80/95% bands) — SARIMA(1, 1, 0)×(1, 0, 1, 12) AIC=-53.3 — Backtest MAPE: —
2-bed 3-month outlook (80/95% bands) — SARIMA(1, 1, 0)×(1, 0, 1, 12) AIC=-60.4 — 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
$33.75/hr
Annual: $70,200
2-bed
$45.77/hr
Annual: $95,202
3+ bed
$60.85/hr
Annual: $126,576
Toronto skyline illustration