Rent Trends for Apartments in Toronto

May 2026

Bedroom count	Toronto	vs Last Month
Studio	$1,700	No change
1 Bedroom	$2,100	No change
2 Bedroom	$2,650	down 1.49%
3 Bedroom	$3,400	up 1.49%
4 Bedroom	$3,800	down 5.00%

Median rent as of April 26, 2026

This May, we've analyzed our 5,428 listings in Toronto to determine the rent trend. We're updating our tables in real time to give you the most up to date Toronto median apartment rent prices by bedroom count.

The median rent for a studio apartment remained the same at $1,700, while the median rent for a 1 bedroom apartment remained the same at $2,100.

Cities Near Toronto

Markham Apartments Richmond Hill Apartments Vaughan Apartments Mississauga Apartments Whitchurch-Stouffville Apartments Aurora Apartments King Apartments Pickering Apartments Brampton Apartments Oakville Apartments

Top Neighborhoods in Toronto

Parkdale Apartments North Toronto Apartments Lansing-Westgate Apartments Garden District Apartments Davisville Village Apartments The Annex Apartments Bay Street Corridor Apartments Carleton Village Apartments

Apartment Types in Toronto

Pet Friendly Apartments in Toronto Cheap Apartments in Toronto Luxury Apartments in Toronto Low Income Apartments in Toronto Move In Special Apartments in Toronto Utilities Included Apartments in Toronto

Find Your Dream Apartment for Rent in Toronto

PadMapper has 5,428 condos, houses, and apartments for rent in Toronto. Specifically, 598 studio apartments, 2,331 one-bedroom apartments, 1,896 two-bedroom apartments, 616 three-bedroom apartments are currently available for rent.

We have options to filter by price, bedroom count, bathroom count, long-term or short-term, housing type, pet friendly, no broker fee, and you can search for an apartment by custom keywords.

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