Toronto average 1-bed rent: C$2,450/mo Year-on-year rent increase: +-2.5% Toronto rents fall as condo supply rises Ontario rent increase guideline 2.5% Downtown one-bed rents at a three-year low Rent increases for units first occupied before Nov 2018 are capped by Ontario's annual guideline (2.5% in 2026). Landlords can only collect a rent deposit for the last month, no damage deposit. Toronto average 1-bed rent: C$2,450/mo Year-on-year rent increase: +-2.5% Toronto rents fall as condo supply rises Ontario rent increase guideline 2.5% Downtown one-bed rents at a three-year low Rent increases for units first occupied before Nov 2018 are capped by Ontario's annual guideline (2.5% in 2026). Landlords can only collect a rent deposit for the last month, no damage deposit.
Canada · Rent guide
Toronto Rent Index 2026
Average rent costs by neighbourhood, yearly rent increases and tenant rights in Toronto. The typical one-bedroom rent is C$2,450 per month, up -2.5% year on year.
Average rent by neighbourhood
| Neighbourhood | 1 bedroom | 2 bedrooms | Yearly increase |
|---|---|---|---|
| Yorkville | C$3,000 | C$4,300 | +-1.8% |
| King West | C$2,600 | C$3,600 | +-3.1% |
| The Annex | C$2,350 | C$3,300 | +-1.5% |
| Scarborough | C$2,000 | C$2,600 | +-0.9% |
Indicative 2026 figures (per month, CAD). Compare with real tenant-reported rents on RentScore.
Tenant rights in Toronto
- Rent increases for units first occupied before Nov 2018 are capped by Ontario's annual guideline (2.5% in 2026).
- Landlords can only collect a rent deposit for the last month, no damage deposit.
- Rent can be raised only once every 12 months with 90 days' written notice.
- Disputes go to the Landlord and Tenant Board.
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