Rent Trends for Apartments in Toronto

May 2026

Bedroom count	Toronto	vs Last Month
Studio	$1,700	No change
1 Bedroom	$2,099	down 0.05%
2 Bedroom	$2,650	down 1.67%
3 Bedroom	$3,399	up 0.27%
4 Bedroom	$4,000	up 0.03%

Median rent as of May 3, 2026

This May, we've analyzed our 5,676 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 decreased by 0.05% to $2,099.

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 West Don Lands Apartments Garden District Apartments Lansing-Westgate Apartments The Annex Apartments Davisville Village Apartments Forest Hill 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 5,676 condos, houses, and apartments for rent in Toronto. Specifically, 621 studio apartments, 2,398 one-bedroom apartments, 2,013 two-bedroom apartments, 662 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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