Below are housing costs from the Canada Mortgage and Housing Corporation (CMHC) Rental Market Fall 2018 Report. Please note that downtown Toronto averages tend to be about $500 higher than what is listed for Bachelors and 1+ bedroom apartments.
Toronto/GTA average
- Room: N/A
- Bachelor/studio: $1,080 – $1,520
- 1-bedroom apartment: $1,261 – $1,910
- 2-bedroom apartment: $1,467 – $2,393
- 3+ bedroom apartment: $1,633 – $2,982
Some additional costs from the U of T Off-Campus Housing Service Averages Fall 2018 report:
Near St. George (Downtown Toronto)
- Room: $1,011
- Bachelor/studio: $1,224
- 1-bedroom apartment: $1,333
- 2-bedroom apartment: $2,223
- 3+ bedroom apartment: $3,027
Near UTM
- Room: $526
- Bachelor/studio: $1,053
- 1-bedroom apartment: $1,250
- 2-bedroom apartment: $1,495
- 3+ bedroom apartment: $2,004
Near UTSC
- Room: $753
- Bachelor/studio: $1,015
- 1-bedroom apartment: $1,250
- 2-bedroom apartment: $1,413
- 3+ bedroom apartment: $2,821
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