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Average rent in Toronto for a 3-bedroom+ (2026)

New 3-bedroom+ leases in Toronto average $3,586 a month (Rentals.ca, September 2026). Across all renters, including long-time tenants, the average is $2,294 (CMHC, October 2025).

Benchmark3-bedroom+
All renters (CMHC, Oct 2025)$2,294
New leases (Rentals.ca, September 2026)$3,586

At $2,294, a 3-bedroom+ in Toronto is 11% above the Ontario average ($2,075).

Source: CMHC Rental Market Survey, Oct 2025: average rent by bedroom and survey zone (purpose-built, all tenants). These are averages for purpose-built rental apartments and include long-time tenants, so new leases are usually higher.

Asking rent source: Rentals.ca & Urbanation National Rent Report, Oct 2026: average asking rent by city and bedroom, September 2026.

What people here told us

Community stats appear here once at least 5 people have checked their rent for a 3-bedroom+ in Toronto, so no one can be identified.

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3-bedroom+ rent by zone

Common questions

What is the average 3-bedroom+ rent in Toronto?

The average 3-bedroom+ rent across all renters in Toronto is $2,294 a month (CMHC Rental Market Survey, October 2025). It includes long-time tenants, so it runs below what new renters are asked.

How much is a new 3-bedroom+ lease in Toronto?

The average asking rent for a 3-bedroom+ in Toronto is $3,586 a month (Rentals.ca and Urbanation, September 2026, city-wide, all listing types).

How do I know if I'm overpaying for a 3-bedroom+ in Toronto?

If you moved in 2024 or later, compare with the asking rent; if earlier, compare with the CMHC average. Our free check does this for you in about 10 seconds and shows how you compare with others who checked.

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