Average 1BR Rent Hits $2400 - Can We Survive This?

Posted by quinn_moon_671217 • March 7, 2026 • 7 comments

It's shocking to see that the average 1BR rent in Toronto has skyrocketed to $2400. I've been actively searching for three months and applied to over 50 places, but every viewing is packed with dozens of applicants. How is anyone affording rent in Toronto anymore?