Rental Market Trends in North York, ON

What is the average rent in North York, ON?

C$2,653/month

Average Rent

538 Sq Ft

Average Apartment Size

-0.1%

Decrease in the Last Year

As of May 2025, the average rent in North York, ON was C$2,653/month. When you rent an apartment in North York, you can expect to pay as little as C$2,128 to as much as C$4,592, depending on the location and size of the apartment.

Floor Plan Type

Average Rent

Average Sq Ft

Studio

C$2,128/month

357 Sq Ft

One Bedroom

C$2,653/month

538 Sq Ft

Two Bedroom

C$3,671/month

789 Sq Ft

Three Bedroom

C$4,592/month

953 Sq Ft

Floor Plan Type

Average Rent

Average Sq Ft

One Bedroom

C$2,092/month

7 Sq Ft

Two Bedroom

C$2,648/month

3 Sq Ft

Three Bedroom

C$3,360/month

5 Sq Ft

Four Bedroom

C$5,837/month

0 Sq Ft

Floor Plan Type

Average Rent

Average Sq Ft

One Bedroom

C$2,317/month

510 Sq Ft

Two Bedroom

C$3,835/month

649 Sq Ft

Floor Plan Type

Average Rent

Average Sq Ft

How much has average rent changed in North York, ON?

In the past year, rent has decreased by 0.1%, which averages out to C$2 less per month.

Percentage*

Rent Range

0% Below C$700/month

0% C$700 - C$1,000/month

0% C$1,001 - C$1,500/month

0% C$1,501 - C$2,000/month

100% Above C$2,000/month

What salary do I need to live comfortably in North York, ON?

Because the average rent in North York is C$2,653, you’ll want to make about C$8,843 per month or C$106,116 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

How does North York, ON compare to other nearby cities and neighborhoods?

Use the tool below to compare North York, ON to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Nearby City Rent Trends

Apartment communities in North York we think you'll love

Sloane

5-31 York Garden Way,
North York, ON M6A 2V1

Studio - 3 Beds | C$2,100 - C$4,500

Oakview Heights

2000 Sheppard Ave W,
Toronto, ON M3N 1A2

1-4 Beds | C$2,699

Glencairn Garden Apartments

2730 Yonge St,
Toronto, ON M4N 2H9

Studio - 1 Bed | C$1,799 - C$2,099

345 Sentinel Road

345 Sentinel Rd,
Toronto, ON M3J 1V2

1 Bed | C$2,150

Canada Ontario North York Rental Trends

Methodology

† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

* Percentages may not total 100 due to rounding.