Toronto Central and Toronto North were the most expensive areas to rent a two-bedroom apartment in Greater Toronto, Canada in 2023, with a median rent of 2,550 and 2,300 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 1,101 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 Greater Toronto, Canada in 2023, by area
(in Canadian dollars)
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Canada Mortgage and Housing Corporation. (January 31, 2024). Median monthly rent for a two-bedroom apartment in Greater Toronto, Canada in 2023, by area (in Canadian dollars) [Graph]. In Statista. Retrieved January 23, 2025, from https://www.statista.com/statistics/1365113/rent-residential-real-estate-vancouver-canada-by-area/?__sso_cookie_checker=failed
Canada Mortgage and Housing Corporation. "Median monthly rent for a two-bedroom apartment in Greater Toronto, Canada in 2023, by area (in Canadian dollars)." Chart. January 31, 2024. Statista. Accessed January 23, 2025. https://www.statista.com/statistics/1365113/rent-residential-real-estate-vancouver-canada-by-area/?__sso_cookie_checker=failed
Canada Mortgage and Housing Corporation. (2024). Median monthly rent for a two-bedroom apartment in Greater Toronto, Canada in 2023, by area (in Canadian dollars). Statista. Statista Inc.. Accessed: January 23, 2025. https://www.statista.com/statistics/1365113/rent-residential-real-estate-vancouver-canada-by-area/?__sso_cookie_checker=failed
Canada Mortgage and Housing Corporation. "Median Monthly Rent for a Two-bedroom Apartment in Greater Toronto, Canada in 2023, by Area (in Canadian Dollars)." Statista, Statista Inc., 31 Jan 2024, https://www.statista.com/statistics/1365113/rent-residential-real-estate-vancouver-canada-by-area/?__sso_cookie_checker=failed
Canada Mortgage and Housing Corporation, Median monthly rent for a two-bedroom apartment in Greater Toronto, Canada in 2023, by area (in Canadian dollars) Statista, https://www.statista.com/statistics/1365113/rent-residential-real-estate-vancouver-canada-by-area/?__sso_cookie_checker=failed (last visited January 23, 2025)
Median monthly rent for a two-bedroom apartment in Greater Toronto, Canada in 2023, by area (in Canadian dollars) [Graph], Canada Mortgage and Housing Corporation, January 31, 2024. [Online]. Available: https://www.statista.com/statistics/1365113/rent-residential-real-estate-vancouver-canada-by-area/?__sso_cookie_checker=failed
