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Inference Economics
Monthly rental market intelligence

Toronto Rental Listings — August 2026

August 2026 Toronto
Key Market Indicators
Overall median listing price
$2,500
MoM: 0.0% · YoY: -5.5% · 3m: 0.0% · n=2002
IQR: $2,150 – $3,300
1-bed median listing price
$1,950
MoM: +2.6% · YoY: -4.9% · 3m: -1.3% · n=684
IQR: $1,700 – $2,250
2-bed median listing price
$2,600
MoM: 0.0% · YoY: -3.7% · 3m: 0.0% · n=722
IQR: $2,315 – $3,050
3+ median listing price
$3,698
MoM: +2.7% · YoY: -0.1% · 3m: +4.2% · n=596
IQR: $3,200 – $4,256
Trend & Mix Visuals
Median with IQR (filter by bedroom)
Bedroom mix share
Price distribution (1- & 2-bed) — August 2026
1-bed 3-month outlook (80/95% bands) — SARIMA(1, 1, 0)×(1, 0, 1, 12) AIC=-88.6 — Backtest MAPE: —
2-bed 3-month outlook (80/95% bands) — SARIMA(1, 1, 0)×(1, 0, 1, 12) AIC=-96.7 — 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
$45.00/hr
Annual: $93,600
3+ bed
$64.00/hr
Annual: $133,110
Toronto skyline illustration