Homes for Rent in Toronto, ON (3,558 Rentals)

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property at 107 Hadrian Dr

107 Hadrian Dr

TorontoONM9W 1V7
property at 15 Balford Ave

15 Balford Ave

TorontoONM1L 3W1
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Toronto, ON Local Guide

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Written By:
Brandie Parton
Local Expert

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Toronto Overview

As the largest city in Canada within the Ontario province in the country’s southeastern region, Toronto has a reputation for being one of the world’s great melting pots. It is home to over 200 nationalities, including enormous expat and immigrant populations. This creates a rich mixture of multiculturalism that is advantageous for those who prefer a diverse population. In addition, this large city, while offering many benefits, also features a low crime rate that is atypical of a city its size, which further adds to its appeal. Interestingly enough, Toronto, although in Canada, is only 90 minutes away from Western New York. 

What is the history of Toronto?

Toronto was founded in 1793 as part of the Toronto Purchase, which was when it was purchased by the British from the Mississaugas. Before this, Indigenous People lived in the area. Decades later, after many changes in the city, the Province of Ontario was officially formed as a regional government, which included Metropolitan Toronto and its suburbs. After this time, the government invested heavily in the infrastructure of the city, sending it into a boom in both industry and population. Throughout the second half of the 20th century, Toronto even surpassed Montreal as the largest city in Canada and then became its economic capital. The most recent significant historical event for the city occurred when the Province of Ontario amalgamated its suburbs and metropolitan governments into one municipality in 1998. 

How is the weather in Toronto?

The city of Toronto is upwind from Lake Ontario, but lake-effect snow is rare. Toronto has a semi-continental climate with humid summers and cold winters. In fact, although frigid temperatures and snowstorms do occur, this is one of Canada’s warmest cities throughout the winter, though it typically has 101 days a year when temperatures are around 32 degrees. There is snow on the ground most days beginning between mid-December through mid-March. The temperatures are cool through mid-January, averaging a nightly range between 19 and 39 degrees Fahrenheit. Toronto can even have some hot days, although this isn’t a yearly guarantee. Hot weather typically includes about 12 days a year when the temperature reaches 95 degrees between June and September, and more, rarely April. 

How do I get around town?

Toronto is known for its easily navigable and safe streets. Therefore, it is ideally suited for walking or biking with many walkable areas and lots of public transportation options at the ready (outlined in more detail below). Biking is perhaps the most efficient way to get around the city, and within the city itself, there are many convenient areas to rent public bikes from one of the over 800 stations located throughout the city. This includes access to over 9,000 public bikes, including some e-bike options. For those who don’t want to walk or bike, getting around can be arranged via Lyft, Uber, or Taxi. Since parking downtown on the street is limited, it is actually best to avoid driving a car when in the city itself. 

What is the Toronto commute like?

Traffic can get pretty dicey when trying to navigate downtown Toronto. Thankfully, Toronto does feature a public transportation system called the Toronto Transit Commission or TTC, which offers three modes of transportation: the subway, streetcars, and buses. Due to the traffic issues and the sheer size of the city, Toronto residents have the longest commute in Canada, averaging 33.3 minutes. Those who live right outside the city itself have more lengthy commutes. The city’s rush hour, which consists of heavy traffic, can be experienced between 7:00 a.m. to 9:00 a.m. and then again from 4:00 p.m. to 6:00 p.m.  Overall, the subway is considered the best public transportation option, but be aware that delays can happen with public transportation. So, again, for many, walking or biking is a better option to get around. 

Why live in Toronto, ON?

Toronto is known as the most diverse city in the entire world, with many entertainment and cultural offerings to enjoy. In addition, due to its importance in Canada’s overall economy and the many sectors that call Toronto home, there are a great number of work opportunities in the city that come with good pay and benefits. Toronto boasts a thriving tech industry, five top banks, and many avenues that are ideal for investors and entrepreneurs. Competitive wages and immense job opportunities, along with a high standard of health benefits, life insurance coverage, and retirement savings contributions, make it an ideal city in which to rent. The family-friendly city also features a wide array of professional sports, community parks, green spaces, theme parks, and festivals that add to its appeal to virtually any demographic. 

What Toronto landmarks should I see?

There are several landmarks in Toronto that are worth exploring. Just a few include the architectural landmark, the CN Tower, which is a 1,815-foot-tall observation tower and is one of the most recognized and celebrated architectural icons. In addition to this, the historic castle, Casa Lama, is a Gothic Revival mansion that is a museum and a notable landmark of the city, built between 1911 and 1914. These represent just a few of the many, many landmarks that are located throughout Toronto. 

What is there to do around Toronto?

When living in Toronto, you will never have to worry about what to do, as this city is full of cultural and entertainment options. Winter attractions like skating rinks, skiing, and tobogganing are popular, as are camping options in the warmer months. In addition to this, the city is home to the Toronto Symphony Orchestra, which enjoys an international reputation. This, along with Torontos four major theaters and other notable attractions like the Royal Ontario Museum, means there is something to do for individuals of every interest, age, and culture in Toronto. 

Where is the best place to move in Toronto?

Toronto features four main areas: the West End, Downtown, East End, and Midtown. All of them feature a variety of living options, including rental possibilities. The West End is near the University of Toronto and is known as a hub for young professionals. Downtown Toronto features gorgeous views of Lake Ontario and a residential area called Queens Quay. The East End has many diverse neighborhoods with attractions, and last but not least, Midtown features Toronto’s most walkable streets and is near the FCT campus, and is an area full of cafes, shops, parks, and more.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Toronto, ON Area Reviews

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Dee • 4+ years in Toronto

February 25, 2025

30 years here ... its not impressive working people cant afford rent

Frequently Asked Questions about Toronto

What type of rentals are currently available in Toronto?

There are currently 9428 Apartments for Rent in Toronto, ON with pricing that ranges from C$800 to C$12,480. There are also 3558 Single Family Homes for rent, Condos, and Townhome rentals currently available in Toronto ranging from C$460 to C$40,000.

What is the current price range for Rental Homes in Toronto?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Toronto ranges from C$460 to C$40,000 with an average monthly rent of C$5,155.

How much are larger Three and Four Bedroom Rentals in Toronto?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Toronto range from C$850 to C$9,680, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$750 to C$22,500. Four Bedroom Single-Family rentals are also available starting from C$1,200 and Four Bedroom Apartments start at C$3,674.

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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.