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Inference Economics
Monthly rental market intelligence

Toronto Rental Listings — July 2026

July 2026 Toronto
Key Market Indicators
Overall median listing price
$2,500
MoM: -1.9% · YoY: -5.6% · 3m: +0.4% · n=4168
IQR: $2,095 – $3,250
1-bed median listing price
$1,900
MoM: -2.6% · YoY: -7.3% · 3m: -2.6% · n=1478
IQR: $1,700 – $2,199
2-bed median listing price
$2,600
MoM: 0.0% · YoY: -3.7% · 3m: +4.0% · n=1444
IQR: $2,350 – $3,000
3+ median listing price
$3,600
MoM: +0.0% · YoY: 0.0% · 3m: +2.9% · n=1246
IQR: $3,011 – $4,200
Trend & Mix Visuals
Median with IQR (filter by bedroom)
Bedroom mix share
Price distribution (1- & 2-bed) — July 2026
1-bed 3-month outlook (80/95% bands) — SARIMA(1, 1, 0)×(1, 0, 1, 12) AIC=-82.8 — Backtest MAPE: —
2-bed 3-month outlook (80/95% bands) — SARIMA(1, 1, 0)×(1, 0, 1, 12) AIC=-90.3 — 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
$32.88/hr
Annual: $68,400
2-bed
$45.00/hr
Annual: $93,600
3+ bed
$62.31/hr
Annual: $129,600
Toronto skyline illustration