Average rent in Toronto now $2400 – is this sustainable?

Posted by meetmay_370021 • November 8, 2026 • 5 comments

Just checked the latest rent prices, and it’s shocking! The average 1BR is now $2400 – how is anyone affording this? I saw listings for over $2500 and am feeling completely priced out. I can't be the only one struggling with this affordability crisis, right?