Primary Rental Market
Median 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

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Toronto — Historical Median Rent by Structure Size (Apartment only)

  3-5 Units 6-19 Units 20-49 Units 50-199 Units 200+ Units Total
1990 October 700 a 540 a 500 a 570 a 631 a 576 a
1991 October 750 a 560 a 530 a 600 a 700 a 620 a
1992 October 750 a 576 a 550 a 630 a 720 a 650 a
1993 October 750 a 600 a 575 a 655 a 728 a 670 a
1994 October 750 a 609 a 600 a 680 a 745 a 690 a
1995 October 765 a 650 a 610 a 700 a 764 a 708 a
1996 October 750 a 650 a 630 a 720 a 775 a 725 a
1997 October 750 a 650 a 650 a 730 a 787 a 735 a
1998 October 800 a 700 a 672 a 775 a 845 a 780 a
1999 October 850 b 725 a 710 a 825 a 868 a 819 a
2000 October 825 b 770 a 750 a 870 a 944 a 875 a
2001 October 850 b 790 a 800 a 900 a 978 a 900 a
2002 October 900 b 818 a 825 a 940 a 1,000 a 944 a
2003 October 900 a 825 a 850 a 944 a 975 a 925 a
2004 October 925 a 850 a 849 a 940 a 995 a 935 a
2005 October 950 a 849 a 830 a 935 a 995 a 930 a
2006 October 920 a 850 a 850 a 940 a 988 a 941 a
2007 October 975 a 850 a 850 a 949 a 991 a 947 a
2008 October 950 b 850 a 850 a 950 a 1,025 a 953 a
2009 October 1,000 b 875 a 875 a 966 a 1,028 a 960 a
2010 October 1,000 a 900 a 892 a 980 a 1,045 a 980 a
2011 October 995 a 900 a 900 a 1,000 a 1,085 a 1,002 a
2012 October 1,050 b 930 a 920 a 1,035 a 1,126 a 1,045 a
2013 October 1,100 b 950 a 948 a 1,067 a 1,150 a 1,075 a
2014 October 1,100 b 969 a 966 a 1,100 a 1,195 a 1,102 a
2015 October 1,200 b 1,000 a 1,000 a 1,138 a 1,229 a 1,150 a
2016 October 1,150 b 1,050 a 1,025 a 1,175 a 1,250 a 1,180 a
2017 October 1,300 b 1,050 a 1,075 a 1,225 a 1,347 a 1,243 a
2018 October 1,300 b 1,095 a 1,115 a 1,291 a 1,396 a 1,300 a
2019 October 1,400 c 1,120 a 1,175 a 1,380 a 1,495 a 1,389 a
2020 October 1,500 b 1,200 a 1,267 a 1,452 a 1,565 a 1,479 a
2021 October 1,500 a 1,250 a 1,300 a 1,500 a 1,600 a 1,500 a
2022 October 1,625 b 1,300 a 1,400 a 1,600 a 1,713 a 1,600 a
2023 October 1,650 d 1,348 b 1,500 a 1,720 a 1,900 a 1,749 a
2024 October 1,900 b 1,425 b 1,600 a 1,759 a 1,850 a 1,759 a
2025 October 1,700 d 1,661 b 1,669 a 1,830 a 1,920 a 1,845 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)