Toronto Rental Listings

Key Market Indicators

Overall median listing price

$2,500

MoM: +0.4% · YoY: -3.8% · 3m: 0.0% · n=3288

IQR: $2,100 – $3,200

1-bed median listing price

$1,975

MoM: +1.3% · YoY: -3.6% · 3m: -1.0% · n=1153

IQR: $1,750 – $2,200

2-bed median listing price

$2,600

MoM: +4.0% · YoY: -3.7% · 3m: 0.0% · n=1144

IQR: $2,349 – $2,900

3+ median listing price

$3,550

MoM: +1.4% · YoY: +1.4% · 3m: +1.4% · n=991

IQR: $2,995 – $4,000

Trend & Mix Visuals

Median with IQR (filter by bedroom)

Bedroom mix share

Price distribution (1- & 2-bed) — May 2026

1-bed 3-month outlook (80/95% bands) — SARIMA(1, 1, 0)×(1, 0, 1, 12) AIC=-75.3 — Backtest MAPE: —

2-bed 3-month outlook (80/95% bands) — SARIMA(1, 1, 0)×(1, 0, 1, 12) AIC=-82.2 — 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

$34.18/hr

Annual: $71,100

2-bed

$45.00/hr

Annual: $93,600

3+ bed

$61.44/hr

Annual: $127,800