Toronto city: Median Gross Rent Trend
How Toronto city's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$572
2023
$673
Total change
+$101
% change
+17.7%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $572 | — |
| 2019 | $582 | +$10 (1.7%) |
| 2020 | $556 | $26 (-4.5%) |
| 2021 | $631 | +$75 (13.5%) |
| 2022 | $685 | +$54 (8.6%) |
| 2023 | $673 | $12 (-1.8%) |