Primary Rental Market
Summary Statistics

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  2. Census Subdivisions
  3. Historical Time Periods

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Toronto — Historical Rental Market Statistics Summary

  Vacancy Rate (%) Availability Rate (%) Average Rent ($) Median Rent ($) % Change Units
1990 October 1.0 a ** 634 a 585 a ** 304,091
1991 October 1.8 a ** 672 a 625 a 6.3 a 306,102
1992 October 2.2 a ** 691 a 650 a 3.9 a 304,199
1993 October 2.0 a ** 710 a 675 a 3.6 a 303,570
1994 October 1.3 a ** 722 a 697 a 2.4 a 306,811
1995 October 0.8 a ** 741 a 711 a 3.3 a 306,949
1996 October 1.2 a ** 755 a 728 a 2.6 a 305,889
1997 October 0.8 a ** 762 a 741 a 2.6 a 309,515
1998 October 0.8 a ** 813 a 785 a 6.8 a 310,440
1999 October 0.9 a ** 850 a 825 a 4.9 a 311,324
2000 October 0.6 a ** 913 a 875 a 8.4 a 309,277
2001 October 0.9 a ** 954 a 903 a 6.0 a 310,103
2002 October 2.5 a ** 981 a 949 a 3.0 b 309,397
2003 October 3.8 a ** 970 a 935 a 0.5 b 310,053
2004 October 4.4 a ** 980 a 945 a ++ 312,664
2005 October 3.8 a 5.7 a 979 a 939 a 0.6 a 310,854
2006 October 3.2 a 5.0 a 995 a 949 a 1.1 a 314,641
2007 October 3.2 a 5.0 a 992 a 950 a 1.2 a 314,519
2008 October 2.0 a 3.7 a 1,021 a 962 a 1.6 a 314,591
2009 October 3.1 a 5.1 a 1,018 a 969 a 2.0 a 315,375
2010 October 2.1 a 3.9 a 1,048 a 990 a 1.8 a 313,993
2011 October 1.4 a 2.9 a 1,073 a 1,013 a 1.8 a 315,033
2012 October 1.7 a 3.1 a 1,108 a 1,050 a 2.9 a 315,671
2013 October 1.7 a 3.2 a 1,138 a 1,080 a 3.1 a 314,959
2014 October 1.6 a 3.0 a 1,170 a 1,110 a 2.6 a 315,841
2015 October 1.6 a 3.1 a 1,208 a 1,150 a 3.2 a 316,241
2016 October 1.4 a 2.9 a 1,240 a 1,192 a 3.1 a 316,913
2017 October 1.1 a 2.3 a 1,308 a 1,250 a 4.4 a 319,282
2018 October 1.1 a ** 1,370 a 1,300 a 5.4 a 320,898
2019 October 1.5 a ** 1,465 a 1,395 a 6.4 a 323,341
2020 October 3.4 a ** 1,536 a 1,484 a 4.7 a 326,290
2021 October 4.5 a ** 1,570 a 1,500 a 1.0 a 327,970
2022 October 1.6 a ** 1,665 a 1,600 a 6.2 a 334,883
2023 October 1.4 a ** 1,830 a 1,750 a 9.1 a 333,087
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).