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8,981 Apartments in Toronto, ON

Apartments for Rent in Toronto, ON

Serving up equal portions of charm and sophistication, Toronto’s tree-filled neighbourhoods give way to quaint shops and restaurants in historic buildings, some of the tallest skyscrapers in Canada, and a dazzling waterfront lined with yacht clubs and sandy beaches.

During the summer, residents enjoy cycling the Waterfront Bike Trail or spending lazy afternoons at Balmy Beach Park. Commuting in the city is a breeze, even on the coldest days of winter, thanks to Toronto’s system of underground walkways known as the PATH. The path covers more than 30 kilometers and leads to shops, restaurants, six subway stations, and a variety of attractions.

You’ll have a wide selection of beautiful neighbourhoods to choose from as you look for your Toronto rental. If you want a busy neighbourhood filled with condos and corner cafes, Liberty Village might be the ideal location. If you want a quieter neighbourhood filled with green spaces, High Park North borders one of the largest parks in North America. For those wanting a place that oozes cool, West Queen West is filled with art galleries and vintage clothing stores.

From the parks and beaches along Lake Ontario to Kensington Market, there’s much to explore in this diverse, active city. Spend some time in the Entertainment District, home to the famous CN Tower, or head to Harbourfront Centre and take a boat cruise. Nature lovers can explore the city’s unique ravine system on the Northern Ravines and Gardens Discovery Walk, while sports fans can cheer on the NHL’s Toronto Maple Leafs, the MLB’s Toronto Blue Jays, or the NBA’s Toronto Raptors. An international centre for business and finance, Toronto has one of the world’s largest stock exchanges and is home to Canada’s five largest banks. The Port of Toronto, located on the northwest end of Lake Ontario, is one of Canada’s largest inland ports.

Downtown Toronto is home to the University of Toronto, which was established in 1827 and is one of the top 10 public universities in the world. Considered one of the top 10 “most economically powerful cities” by Forbes Magazine, Toronto is as prosperous as it is beautiful.

Toronto, ON Rental Insights

Average Rent Rates

What is the average rent in Toronto, ON?

The average rent in Toronto is C$2,075. When you rent an apartment in Toronto, you can expect to pay as little as C$1,623 or as much as C$2,904, depending on the location and the size of the apartment.

What is the average rent of a Studio apartment in Toronto, ON?

The average rent for a studio apartment in Toronto, ON is C$1,623 per month.

What is the average rent of a 1 bedroom apartment in Toronto, ON?

The average rent for a one bedroom apartment in Toronto, ON is C$2,075 per month.

What is the average rent of a 2 bedroom apartment in Toronto, ON?

The average rent for a two bedroom apartment in Toronto, ON is C$2,544 per month.

What is the average rent of a 3 bedroom apartment in Toronto, ON?

The average rent for a three bedroom apartment in Toronto, ON is C$2,904 per month.

Transportation

How transit friendly is Toronto, ON?

Transit options in Toronto vary, but overall, it has a transit score of 79.

Education

What colleges and universities are in Toronto, ON?

If you’re a student moving to an apartment in Toronto, you’ll have access to York University, Univ. of St. Michael's, and University of Toronto.

Helpful Rental Guides for Toronto, ON

Tips for Moving to a Big City from a Small Town
Tips for Moving to a Big City from a Small Town
Getting Through Winter Without Central Heat
Getting Through Winter Without Central Heat
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What to Know About Rent Concessions
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Everything You Need to Know About Apartment Keys
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