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Inference Economics
Monthly rental market intelligence

Toronto Rental Listings — April 2026

April 2026 Toronto
Key Market Indicators
Overall median listing price
$2,490
MoM: -2.4% · YoY: -4.2% · 3m: -2.4% · n=3285
IQR: $2,080 – $3,100
1-bed median listing price
$1,950
MoM: -2.5% · YoY: -4.8% · 3m: 0.0% · n=1180
IQR: $1,700 – $2,200
2-bed median listing price
$2,500
MoM: -3.8% · YoY: -7.4% · 3m: -5.5% · n=1121
IQR: $2,299 – $2,850
3+ median listing price
$3,500
MoM: +1.2% · YoY: -2.8% · 3m: -0.5% · n=984
IQR: $2,995 – $4,200
Trend & Mix Visuals
Median with IQR (filter by bedroom)
Bedroom mix share
Price distribution (1- & 2-bed) — April 2026
1-bed 3-month outlook (80/95% bands) — SARIMA(1, 1, 0)×(1, 0, 1, 12) AIC=-68.9 — Backtest MAPE: —
2-bed 3-month outlook (80/95% bands) — SARIMA(1, 1, 0)×(1, 0, 1, 12) AIC=-75.5 — 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
$43.27/hr
Annual: $90,000
3+ bed
$60.58/hr
Annual: $126,000
Toronto skyline illustration