Primary Rental Market
% Change of Average Rent

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  2. Census Subdivisions
  3. Historical Time Periods

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Toronto — Historical % Change of Average Rents by Bedroom Type

  Bachelor 1 Bedroom 2 Bedroom 3 Bedroom + Total
1990 October ** ** ** ** **
1991 October 8.0 b 6.4 a 6.6 a 6.0 b 6.3 a
1992 October 3.8 c 4.3 a 4.2 a 5.0 b 3.9 a
1993 October 4.5 b 4.1 a 3.5 a 3.8 b 3.6 a
1994 October 2.1 b 2.6 a 2.5 a 2.3 b 2.4 a
1995 October 3.6 b 3.5 a 3.7 a 2.6 a 3.3 a
1996 October 2.8 b 2.5 a 2.6 a 3.0 b 2.6 a
1997 October 2.9 a 2.8 a 2.5 a 3.2 c 2.6 a
1998 October 6.5 b 6.8 a 7.0 a 7.0 b 6.8 a
1999 October 6.8 b 5.3 a 4.9 a 4.3 c 4.9 a
2000 October 7.6 b 8.7 a 8.9 a 8.9 b 8.4 a
2001 October 6.2 b 6.2 a 6.3 a ** 6.0 a
2002 October 4.5 c 2.8 a 2.7 a 2.7 b 3.0 b
2003 October 1.2 d ++ 0.8 d ++ 0.5 b
2004 October ++ ++ ++ ++ ++
2005 October ++ 0.5 a 0.9 a 1.1 a 0.6 a
2006 October 0.8 a 0.8 a 1.1 a 1.2 a 1.1 a
2007 October 2.0 a 1.2 a 1.0 a 1.0 a 1.2 a
2008 October 2.0 b 1.6 a 1.7 a 1.6 a 1.6 a
2009 October 1.7 b 1.9 a 2.2 a 2.2 b 2.0 a
2010 October 1.7 a 1.6 a 1.9 a 2.4 a 1.8 a
2011 October 2.2 a 1.7 a 1.9 a 1.1 a 1.8 a
2012 October 3.1 b 2.9 a 2.8 a 3.0 a 2.9 a
2013 October 3.7 b 3.0 a 2.9 a 3.3 b 3.1 a
2014 October 2.3 a 2.7 a 2.6 a 2.1 a 2.6 a
2015 October 3.4 b 3.3 a 3.4 a 2.7 a 3.2 a
2016 October 3.0 b 3.4 a 3.2 a 2.2 b 3.1 a
2017 October 4.7 b 4.4 a 4.2 a 4.7 c 4.4 a
2018 October 6.8 b 6.0 a 5.2 a 4.9 b 5.4 a
2019 October 7.2 a 7.1 a 6.1 a 5.2 c 6.4 a
2020 October 4.4 c 4.7 a 4.5 a ** 4.7 a
2021 October 0.8 d 1.0 a 1.2 a 1.4 a 1.0 a
2022 October 6.8 b 6.2 a 6.5 a 6.5 b 6.2 a
2023 October 8.7 a 9.0 a 8.8 a 6.0 b 9.1 a
2024 October 6.3 b 3.7 c 2.7 b 3.2 c 2.7 b
Notes:
  • The following letter codes are used to indicate the reliability of the estimates: a — Excellent, b — Very good, c — Good, d — Poor (Use with Caution))
  • ** — Data suppressed to protect confidentiality or data not statistically reliable
  • ++ — Change in rent is not statistically significant. This means that the change in rent is not statistically different than zero (0). (Applies only to % Change of Average Rent Tables).