Primary Rental Market
Vacancy Rate (%)

By:

  1. Bedroom Type
  2. Year of Construction
  3. Structure Size
  4. Rent Ranges
  5. Rent Quartiles

Display Options:

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

Note:

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Toronto — Historical Vacancy Rates by Structure Size (Apt. only)

  3-5 Units 6-19 Units 20-49 Units 50-199 Units 200+ Units Total
1990 October 3.3 d 1.7 b 0.8 a 0.7 a 0.9 a 1.0 a
1991 October 5.1 c 3.1 b 1.2 a 1.1 a 2.4 a 1.8 a
1992 October 6.8 c 3.2 b 1.8 a 1.6 a 2.4 a 2.2 a
1993 October 4.3 c 3.3 b 1.8 a 1.4 a 2.2 a 2.0 a
1994 October 2.4 c 2.0 b 1.2 a 1.0 a 1.3 a 1.2 a
1995 October 2.0 c 1.8 b 0.7 a 0.6 a 0.8 a 0.8 a
1996 October 2.3 b 1.7 b 1.1 a 0.9 a 1.4 a 1.2 a
1997 October 1.6 c 1.5 b 0.8 a 0.6 a 0.9 a 0.8 a
1998 October 2.1 c 1.1 a 0.8 a 0.6 a 0.9 a 0.8 a
1999 October 1.4 a 1.3 a 0.7 a 0.7 a 1.0 a 0.9 a
2000 October 1.1 a 1.3 a 0.7 a 0.5 a 0.6 a 0.6 a
2001 October 1.3 d 1.1 a 0.9 a 0.8 a 0.9 a 0.9 a
2002 October 2.0 c 2.2 b 2.4 a 2.4 a 2.9 a 2.5 a
2003 October 3.5 d 4.8 b 4.3 b 3.6 a 3.8 a 3.8 a
2004 October 3.8 c 5.3 b 4.4 a 4.3 a 4.3 a 4.3 a
2005 October 4.8 c 5.5 b 4.3 a 3.6 a 3.2 a 3.7 a
2006 October 4.1 c 5.2 b 4.0 a 2.9 a 2.7 a 3.2 a
2007 October 1.8 c 5.3 b 3.4 a 2.8 a 3.3 a 3.2 a
2008 October 2.5 c 4.0 b 2.8 a 1.7 a 1.8 a 2.0 a
2009 October 4.5 d 4.6 b 3.5 a 2.5 a 3.2 a 3.1 a
2010 October 2.4 c 3.6 b 2.7 a 1.9 a 1.8 a 2.1 a
2011 October 0.9 a 2.5 a 1.9 a 1.3 a 1.2 a 1.4 a
2012 October 3.2 d 2.7 a 2.1 a 1.5 a 1.4 a 1.7 a
2013 October 2.2 c 2.5 a 1.7 a 1.5 a 1.6 a 1.6 a
2014 October 2.1 c 2.5 a 2.1 a 1.5 a 1.4 a 1.6 a
2015 October 3.6 d 2.6 b 1.8 a 1.3 a 1.5 a 1.6 a
2016 October 1.9 c 1.6 b 1.5 a 1.1 a 1.5 a 1.3 a
2017 October 3.5 d 1.2 a 1.2 a 0.9 a 0.9 a 1.0 a
2018 October 1.9 c 1.8 b 1.3 a 0.9 a 1.0 a 1.1 a
2019 October 1.6 c 2.3 b 1.7 a 1.2 a 1.6 a 1.5 a
2020 October 5.2 d 3.6 c 3.6 a 2.7 a 4.0 a 3.4 a
2021 October ** 7.1 c 5.2 a 3.8 a 5.1 a 4.6 a
2022 October 3.3 d 3.2 c 2.1 a 1.3 a 1.4 a 1.6 a
2023 October 1.5 a 3.0 d 1.6 a 1.2 a 1.4 a 1.4 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)