Toronto Central and Toronto North were the most expensive areas to rent a two-bedroom apartment in Toronto, Canada in 2022, with a median rent of 2,288 and 2,080 Canadian dollars respectively. In comparison, the average for the city stood at 1,750 Canadian dollars. Bradford/West Gwillimbury/New Tecumseth, in comparison, was the most affordable area with a monthly rent of 1,240 Canadian dollars. The data is based on the results of an annual survey among owners, managers, and building superintendents and includes only apartments in privately initiated buildings with three or more rental units on the market for more than three months.
Median monthly rent for a two-bedroom apartment in Toronto, Canada in 2022, by area (in Canadian dollars)
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$69 USD $49 USD / Month *
in the first 12 months
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you
Overview
7
- Premium Statistic House sales in Canada 2018-2022, with a forecast until 2024
- Premium Statistic Average house price in Canada 2018-2022, with a forecast until 2024
- Premium Statistic New residential construction in Canada 1948-2022
- Premium Statistic Share of Canadians who plan to buy a home in the next five years as of 2023, by age
- Premium Statistic Income needed to afford buying a home in different cities in Canada 2022
- Premium Statistic Consumer confidence in value of real estate Canada 2023
- Premium Statistic Investment in new residential real estate in Canada 2016-2021
Construction
7
- Premium Statistic Canada's residential buildings put in place 2016-2021, with forecasts up until 2026
- Premium Statistic Number of new residential construction in Canada 2016-2022, by province
- Premium Statistic Multifamily housing starts in Canada 2018-2022, by province
- Premium Statistic Single-family housing starts in Canada 2016-2022, by province
- Premium Statistic Price index for residential and non-residential construction in Canada 2017-2022
- Premium Statistic Ontario's construction costs 2022, by building type
- Premium Statistic Vancouver construction costs by building type 2022
House prices
8
- Premium Statistic Average house prices in Canada 2022
- Premium Statistic Average house prices in Ontario 2018-2022, with a forecast until 2024
- Premium Statistic Average house price in Quebec 2018-2022, with a forecast until 2024
- Premium Statistic Average house price in British Columbia 2018-2022, with a forecast until 2024
- Premium Statistic Average residential sale prices in selected markets in Canada 2022
- Premium Statistic Average resale house prices Canada 2011-2021 with a forecast until 2023, by province
- Premium Statistic Change in home prices in selected markets in Canada 2022, with a forecast for 2023
- Premium Statistic Average sales price of residential real estate Toronto 2021-2023, by property type
Rental market
8
- Premium Statistic Index of rental prices in Canada 2002-2022
- Premium Statistic Most expensive cities to rent 1-bedroom apartment in Canada 2023
- Premium Statistic Most expensive cities to rent 2-bedroom apartment in Canada 2023
- Premium Statistic Median rent for two-bedroom apartment in Montreal 2022, by area
- Premium Statistic Median rent for two-bedroom apartment in Toronto 2022, by area
- Premium Statistic Median rent for two-bedroom apartment in Vancouver 2022, by area
- Premium Statistic Gross rental yield in Toronto and Vancouver 2023, by location
- Premium Statistic Canadian housing: rental vacancy rates 2011-2022, by province
Financing and affordabiliity
7
- Premium Statistic Average mortgage interest rate Canada 2019-2022, by type of mortgage
- Premium Statistic Average monthly mortgage payment Canada Q3 2021-Q3 2022, by metropolitan area
- Premium Statistic Rate of arrears to total number of mortgages Canada 2008-2022
- Premium Statistic Quarterly house price to income ratio in Canada Q1 2012-Q3 2022
- Premium Statistic Quarterly house price to rent ratio in Canada Q1 2015- Q4 2022
- Premium Statistic Affordability of homes Canada 2014-2022, by property type
- Premium Statistic Distribution of mortgage borrowers Canada Q3 2022, by age group
Further Content: You might find this interesting as well
Canada Mortgage and Housing Corporation. (February 7, 2023). Median monthly rent for a two-bedroom apartment in Toronto, Canada in 2022, by area (in Canadian dollars) [Graph]. In Statista. Retrieved May 31, 2023, from https://www.statista.com/statistics/1365113/rent-residential-real-estate-vancouver-canada-by-area/
Canada Mortgage and Housing Corporation. "Median monthly rent for a two-bedroom apartment in Toronto, Canada in 2022, by area (in Canadian dollars)." Chart. February 7, 2023. Statista. Accessed May 31, 2023. https://www.statista.com/statistics/1365113/rent-residential-real-estate-vancouver-canada-by-area/
Canada Mortgage and Housing Corporation. (2023). Median monthly rent for a two-bedroom apartment in Toronto, Canada in 2022, by area (in Canadian dollars). Statista. Statista Inc.. Accessed: May 31, 2023. https://www.statista.com/statistics/1365113/rent-residential-real-estate-vancouver-canada-by-area/
Canada Mortgage and Housing Corporation. "Median Monthly Rent for a Two-bedroom Apartment in Toronto, Canada in 2022, by Area (in Canadian Dollars)." Statista, Statista Inc., 7 Feb 2023, https://www.statista.com/statistics/1365113/rent-residential-real-estate-vancouver-canada-by-area/
Canada Mortgage and Housing Corporation, Median monthly rent for a two-bedroom apartment in Toronto, Canada in 2022, by area (in Canadian dollars) Statista, https://www.statista.com/statistics/1365113/rent-residential-real-estate-vancouver-canada-by-area/ (last visited May 31, 2023)
Median monthly rent for a two-bedroom apartment in Toronto, Canada in 2022, by area (in Canadian dollars) [Graph], Canada Mortgage and Housing Corporation, February 7, 2023. [Online]. Available: https://www.statista.com/statistics/1365113/rent-residential-real-estate-vancouver-canada-by-area/