Toronto Rental Listings — September 2026

Key Market Indicators

Overall median listing price

$2,500

MoM: 0.0% · YoY: -3.8% · 3m: -1.9% · n=3223

IQR: $2,100 – $3,200

1-bed median listing price

$1,975

MoM: +1.3% · YoY: -1.2% · 3m: +1.3% · n=1220

IQR: $1,700 – $2,300

2-bed median listing price

$2,600

MoM: 0.0% · YoY: -1.9% · 3m: 0.0% · n=1134

IQR: $2,350 – $3,000

3+ median listing price

$3,600

MoM: -2.6% · YoY: -4.0% · 3m: +0.0% · n=869

IQR: $3,150 – $4,295

Trend & Mix Visuals

Median with IQR (filter by bedroom)

Bedroom mix share

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

1-bed 3-month outlook (80/95% bands) — SARIMA(1, 1, 0)×(1, 0, 1, 12) AIC=-93.2 — Backtest MAPE: —

2-bed 3-month outlook (80/95% bands) — SARIMA(1, 1, 0)×(1, 0, 1, 12) AIC=-103.2 — 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

$62.31/hr

Annual: $129,600