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June 2026 · Toronto
Average Rent in Toronto — June 2026
6,702 confirmed residential leases in Toronto in June 2026. Average rent $2,753/month. Mixed conditions across property types.
Avg Lease Price $2,753/mo
Median Lease $2,500/mo
Avg Asking $2,769/mo
Lease / Ask 99.4%
Leased Over Asking 11.6%
Avg DOM 23 days
Previous Months
Total Leased
6,702
all residential
Avg Lease Price
$2,753
per month
Median Lease
$2,500
mid-point
Lease / Ask
99.4%
avg ratio
Over Asking
11.6%
of all leases
Avg DOM
23
days on market
Lease Prices by Property Type
Toronto · June 2026
💰 Lease Price Summary
Average Lease $2,753/mo
Median Lease $2,500/mo
Avg Asking Rent $2,769/mo
Lowest Lease $725
Highest Lease $28,000
Lease / Ask Ratio 99.4%
📊 Market Activity
Leased over asking 11.6%
Leased at asking 63.3%
Leased under asking 25.1%
Avg Days on Market 23 days
Fast · 050Slow · 100+
⚖️ Balanced — 11.6% over vs 25.1% under asking.
💰 Lease Price Summary
Average Lease $2,654/mo
Median Lease $2,450/mo
Avg Asking Rent $2,669/mo
Lowest Lease $800
Highest Lease $28,000
Lease / Ask Ratio 99.5%
📊 Market Activity
Leased over asking 10.5%
Leased at asking 64.2%
Leased under asking 25.3%
Avg Days on Market 21 days
Fast · 050Slow · 100+
⚖️ Balanced — 10.5% over vs 25.3% under asking.
💰 Lease Price Summary
Average Lease $3,583/mo
Median Lease $3,000/mo
Avg Asking Rent $3,615/mo
Lowest Lease $725
Highest Lease $20,000
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 17.6%
Leased at asking 56.7%
Leased under asking 25.7%
Avg Days on Market 29 days
Fast · 050Slow · 100+
⚖️ Balanced — 17.6% over vs 25.7% under asking.
💰 Lease Price Summary
Average Lease $3,210/mo
Median Lease $3,000/mo
Avg Asking Rent $3,224/mo
Lowest Lease $950
Highest Lease $10,650
Lease / Ask Ratio 99.6%
📊 Market Activity
Leased over asking 14.4%
Leased at asking 58.3%
Leased under asking 27.3%
Avg Days on Market 25 days
Fast · 050Slow · 100+
⚖️ Balanced — 14.4% over vs 27.3% under asking.
💰 Lease Price Summary
Average Lease $2,533/mo
Median Lease $2,250/mo
Avg Asking Rent $2,532/mo
Lowest Lease $950
Highest Lease $10,000
Lease / Ask Ratio 100.0%
📊 Market Activity
Leased over asking 16.6%
Leased at asking 64.1%
Leased under asking 19.3%
Avg Days on Market 31 days
Fast · 050Slow · 100+
⚖️ Balanced — 16.6% over vs 19.3% under asking.
Nearby Cities · June 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Mississauga | $2,719 | $2,600 | 99.3% | 22d | ⚖️ Balanced |
| Markham | $2,884 | $2,800 | 99.2% | 24d | ⚖️ Balanced |
| Vaughan | $2,656 | $2,400 | 99.2% | 26d | ⚖️ Balanced |
| Brampton | $2,617 | $2,700 | 99.7% | 27d | ⚖️ Balanced |
| Richmond Hill | $3,033 | $3,000 | 99.3% | 27d | ⚖️ Balanced |
| Pickering | $2,731 | $2,750 | 99.7% | 28d | ⚖️ Balanced |
| Ajax | $2,578 | $2,800 | 100.2% | 25d | ⚖️ Balanced |
| Oakville | $3,389 | $3,125 | 99.3% | 19d | ⚖️ Balanced |
Frequently Asked Questions
Toronto · June 2026
The average confirmed lease in Toronto was $2,753/month in June 2026,
based on 6,702 MLS® transactions. The median was
$2,500/month.
Condos averaged $2,654/mo, freehold averaged $3,583/mo, and townhouses averaged $3,210/mo.
Units in Toronto took an average of 23 days to lease in June 2026.
Freehold rentals averaged 29 days while condos averaged 21 days.
In June 2026, condos averaged $2,654/month while freehold rentals averaged $3,583/month —
a difference of $929/month.
Toronto averaged $2,753/month in June 2026. Markham averaged $2,884/mo. Pickering averaged $2,731/mo. See the full June 2026 Ontario lease summary →
Looking to rent in Toronto?
Browse available rentals or connect with a local agent who knows the rental market.
Data note: Based on MLS® confirmed lease transaction data held in our system for Toronto, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
