Primary Rental Market
Average Rent ($)

By:

  1. Bedroom Type
  2. Year of Construction
  3. Structure Size

Display Options:

  1. Survey Zones
  2. Census Subdivisions
  3. Neighbourhoods
  4. Census Tracts
  5. Historical Time Periods

Note:

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Toronto — Historical Average Rent by Year of Construction

  Before 1960 1960 - 1979 1980 - 1999 2000 or Later Total
1990 October 562 a 619 a 938 a ** 634 a
1991 October 590 a 659 a 941 a ** 672 a
1992 October 606 a 687 a 919 a ** 691 a
1993 October 629 a 708 a 917 a ** 710 a
1994 October 639 a 727 a 904 a ** 722 a
1995 October 656 a 746 a 921 a ** 741 a
1996 October 673 a 761 a 924 a ** 755 a
1997 October 679 a 772 a 912 a ** 762 a
1998 October 720 a 828 a 965 a ** 813 a
1999 October 773 a 864 a 956 a ** 850 a
2000 October 820 a 932 a 1,029 a ** 913 a
2001 October 851 a 975 a 1,073 a ** 954 a
2002 October 891 a 993 a 1,126 a 1,540 a 981 a
2003 October 882 a 983 a 1,086 a 1,633 c 970 a
2004 October 892 a 992 a 1,096 a 1,598 b 980 a
2005 October 886 a 993 a 1,091 a 1,617 b 979 a
2006 October 907 a 1,007 a 1,100 a 1,611 d 995 a
2007 October 922 a 997 a 1,107 a 1,512 b 992 a
2008 October 923 a 1,030 a 1,141 a 1,527 a 1,021 a
2009 October 939 a 1,030 a 1,127 a 1,437 a 1,018 a
2010 October 958 a 1,052 a 1,216 a 1,538 a 1,048 a
2011 October 971 a 1,084 a 1,168 a 1,709 c 1,073 a
2012 October 1,016 a 1,118 a 1,218 a 1,565 b 1,108 a
2013 October 1,039 a 1,148 a 1,246 a 1,596 a 1,138 a
2014 October 1,073 a 1,170 a 1,327 a 1,698 b 1,170 a
2015 October 1,116 a 1,211 a 1,321 a 1,737 b 1,208 a
2016 October 1,136 a 1,245 a 1,351 a 1,751 a 1,240 a
2017 October 1,175 a 1,312 a 1,410 a 1,913 b 1,308 a
2018 October 1,213 a 1,381 a 1,483 a 1,957 b 1,370 a
2019 October 1,295 a 1,463 a 1,548 a 2,172 a 1,465 a
2020 October 1,386 a 1,533 a 1,604 a 2,139 a 1,536 a
2021 October 1,419 a 1,565 a 1,649 a 2,130 a 1,570 a
2022 October 1,524 a 1,658 a 1,700 a 2,225 a 1,665 a
2023 October 1,603 a 1,808 a 1,835 a 2,662 a 1,830 a
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).
Source: CMHC Rental Market Survey (opens in new window)