
Top Rated Luxury Apartments for Rent in Toronto, ON (23 Rentals)
Top Rated Apartments in Toronto.
Higher End Luxurious Apartments in Toronto.


Waverley

Toronto House

Story of Midtown

FourFifty The Well

The Corner On Broadway

Motion
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

The Ivy

The 203 Residences

West House

Harrison

Palomar at Village Gate West

The Residences at The Well

TWO St Thomas
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Trilogy On King
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

The Millway

Dialogue
Toronto, ON Local Guide
How much does it cost to rent an apartment in Toronto?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Toronto Studio Apartments | C$2,042 | C$800 | C$5,520 |
Toronto 1 Bedroom Apartments | C$2,439 | C$895 | C$5,970 |
Toronto 2 Bedroom Apartments | C$3,181 | C$1,150 | C$10,000 |
Toronto 3 Bedroom Apartments | C$4,224 | C$2,400 | C$10,000 |
Toronto 4 Bedroom Apartments | C$6,020 | C$3,350 | C$10,000 |
Toronto 5 Bedroom Apartments | C$4,950 | C$4,950 | C$4,950 |
Explore Toronto
Toronto, ON Local Guide
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Toronto, ON Area Reviews
Dee • 4+ years in Toronto
February 25, 202530 years here ... its not impressive working people cant afford rent
Frequently Asked Questions about Toronto
How much are Studio apartments in Toronto?
There are currently 4,953 Studio Apartments in Toronto with rent ranges from C$1,045 to C$5,520 with an average price of C$3,809.
What is the current price range for One Bedroom Toronto Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Toronto ranges from C$895 to C$5,970 with an average monthly rent of C$2,439.
What does renting a Two Bedroom Apartment in Toronto cost?
The monthly rent prices of Two Bedroom Apartments currently available in Toronto range from C$1,150 to C$11,670. Today's average rental price for Two Bedrooms here is C$3,181.
How expensive are Toronto Three Bedroom Apartments?
There are currently 2,393 Three Bedroom Apartments listings available in Toronto on ApartmentHomeLiving.com. The pricing ranges from C$2,400 to C$11,130 - averaging C$4,224 for the location.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.