Average rent in Toronto
A 2 bedrooms unit in Toronto rented for $2,045 a month on average in October 2025 (▲ 3.7% in a year), rank 7 of 189 centres for two-bedroom rent (1 = highest). Check that a listing is fair before you sign.
Average monthly rent, October 2025
Bachelor
Oct 2024: $1,448 · ▲ 3.0%
$1,4911 bedroom
Oct 2024: $1,715 · ▲ 2.7%
$1,7612 bedrooms
Oct 2024: $1,972 · ▲ 3.7%
$2,0453+ bedrooms
Oct 2024: $2,185 · ▲ 5.0%
$2,294Other centres in Ontario (2 bedrooms)
Ottawa-Gatineau (Ontario part)$1,916Kitchener-Cambridge-Waterloo$1,816Guelph$1,803Saugeen Shores$1,790Kincardine$1,767Kingston$1,763Oshawa$1,762Barrie$1,749The Nation$1,692Stratford$1,663Hamilton$1,659London$1,645Woodstock$1,645Collingwood$1,634Cobourg$1,610
Affordability calculator →Questions and answers
What is the average rent in Toronto?
Bachelor: $1,491, 1 bedroom: $1,761, 2 bedrooms: $2,045, 3+ bedrooms: $2,294 a month (CMHC, October 2025).
Is rent going up in Toronto?
The average 2 bedrooms rent changed 3.7% between October 2024 and October 2025.
What rents are included?
Average rents in purpose-built row and apartment structures of three or more units, from CMHC's Rental Market Survey.
Source: Statistics Canada, Table 34-10-0133-01, CMHC average rents for areas with a population of 10,000 and over (Statistics Canada Open Licence).