{"id":19114,"date":"2020-04-04T10:44:01","date_gmt":"2020-04-04T17:44:01","guid":{"rendered":"https:\/\/liv.rent\/blog\/?p=19114"},"modified":"2021-03-31T15:03:49","modified_gmt":"2021-03-31T22:03:49","slug":"april-2020-toronto-rent-report","status":"publish","type":"post","link":"https:\/\/liv.rent\/blog\/rent-reports\/april-2020-toronto-rent-report\/","title":{"rendered":"April 2020: What’s happening in the Toronto rental market?"},"content":{"rendered":"

April 2020 Toronto Rent Prices<\/h2>\n

This month, we take a closer look at what the reported average rent prices for the month of April are across the Greater Toronto Area. They will be the first set of figures collected since the COVID-19 pandemic began. Toronto saw a slight uptick in rental rates in April.<\/p>\n

\"toronto,<\/h2>\n

Month-to-Month Rent Change<\/h2>\n

Below we show the percentage change in average rent from March to April\u2019s figures. The biggest decrease was in Downtown Toronto where rent for furnished listings has gone down by 2.29% while Vaughan\/Richmond Hill saw a 4.25% increase in rates for furnished apartments.<\/p>\n

\"toronto,<\/h2>\n

Toronto Furnished vs. Unfurnished Rentals<\/h2>\n

What is the average rent in Toronto? The highest average rent in Toronto for an unfurnished one bedroom apartment is $1873 up slightly from March’s $1,847<\/a> while the average rent in Toronto of a furnished apartment also increased to $1,947 from March’s $1,934.<\/p>\n

\"rent<\/p>\n

RECOMMENDED POST:<\/span> Coronavirus (COVID-19) Canada \u2013 Update For Landlords and Tenants<\/a><\/strong><\/span><\/p><\/blockquote>\n

Neighbourhood Breakdown<\/h2>\n

To assist you in your rental decision, here is a breakdown of rental averages across other neighbourhoods in the GTA. Comparing 1, 2, and 3 bedroom rates for both unfurnished and furnished listings across each neighbourhood.<\/p>\n

Brampton had the lowest average rent in the GTA for an unfurnished, 1 bedroom unit at $1,600 (up from March’s $1,563<\/a>) while the highest average 1 bedroom rent in the GTA for a similar home in March was in Downtown Toronto at $2,210 (up from March’s $2,161). <\/span><\/p>\n

\"rent<\/p>\n

\"rent<\/p>\n

Most Expensive Cities in Canada<\/h2>\n

Average cost of living in Toronto continues to be the highest in Canada<\/a> in a city by city comparison.<\/p>\n

\"rent<\/p>\n

Vancouver<\/a> comes in at a close second, with the average reported rent of $1,678 as of April. There are many similarities, and differences between the two most popular and expensive cities in Canada. Check out our article on the <\/span>cost of living comparison between Vancouver and Toronto here<\/a>. <\/span><\/p>\n

Here is the full Toronto rent report for you to save and reshare with ease:<\/span><\/p>\n

Remember though, despite paying premium rates to live in Toronto\u2019s downtown core, tenants are saving in other ways, primarily, on car-related expenses (vehicle, insurance, fuel and repairs). In addition, time is money, and living near where you work pays mental health dividends in terms of reduced commuting times and associated stress.<\/p>\n

\n

DOWNLOAD: <\/span><\/span> The complete April 2020 – Toronto Rent Report <\/a><\/strong><\/p>\n<\/blockquote>\n

\"toronto,<\/a><\/p>\n

Be sure to subscribe<\/a><\/strong><\/span> to our mailing list for all future updates on the Toronto rental market 2020!<\/p>\n

See last month\u2019s Rent Reports:<\/p>\n

March<\/strong> 2020<\/strong> Vancouver Rental Report<\/strong><\/a><\/p>\n

March<\/strong> 2020<\/strong> Toronto Rental Report<\/strong><\/a><\/p>\n

March<\/strong> 2020<\/strong> Montreal Rental Report<\/strong><\/a><\/p>\n

\n

\"\"Find your next home with liv.rent<\/a>, your rental companion.<\/p>\n

With verified listings<\/a> and landlords, avoid rental scams & save time with digital applications and contracts.<\/p>\n

Sign up here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

April 2020 Toronto Rent Prices This month, we take a closer look at what the reported average rent prices for the month of April are across the Greater Toronto Area. They will be the first set of figures collected since the COVID-19 pandemic began. Toronto saw a slight uptick in rental rates in April. Month-to-Month […]<\/p>\n","protected":false},"author":3,"featured_media":19338,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false},"categories":[292,450],"tags":[399,350],"acf":[],"yoast_head":"\nApril 2020: What's happening in the Toronto rental market? | liv.rent blog<\/title>\n<meta name=\"description\" content=\"Toronto Rent prices improved slightly in April 2020, despite the COVID-19 Pandemic. See the full April 2020 Toronto Rent Report here.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/liv.rent\/blog\/rent-reports\/april-2020-toronto-rent-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"April 2020: What's happening in the Toronto rental market? | liv.rent blog\" \/>\n<meta property=\"og:description\" content=\"Toronto Rent prices improved slightly in April 2020, despite the COVID-19 Pandemic. See the full April 2020 Toronto Rent Report here.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/liv.rent\/blog\/rent-reports\/april-2020-toronto-rent-report\/\" \/>\n<meta property=\"og:site_name\" content=\"liv.rent blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/liv.rent\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-04T17:44:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-03-31T22:03:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2020\/04\/2020_04_23_Toronto_Rent-Report_Apr_Blog-Header-08.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1232\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kristina Ikavalko\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@liv_rent\" \/>\n<meta name=\"twitter:site\" content=\"@liv_rent\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kristina Ikavalko\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/liv.rent\/blog\/rent-reports\/april-2020-toronto-rent-report\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/liv.rent\/blog\/rent-reports\/april-2020-toronto-rent-report\/\"},\"author\":{\"name\":\"Kristina Ikavalko\",\"@id\":\"https:\/\/liv.rent\/blog\/#\/schema\/person\/d848b746dd0bf9661e52be319d6921ae\"},\"headline\":\"April 2020: What’s happening in the Toronto rental market?\",\"datePublished\":\"2020-04-04T17:44:01+00:00\",\"dateModified\":\"2021-03-31T22:03:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/liv.rent\/blog\/rent-reports\/april-2020-toronto-rent-report\/\"},\"wordCount\":461,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/liv.rent\/blog\/#organization\"},\"keywords\":[\"Rent Report\",\"Toronto\"],\"articleSection\":[\"Rent Reports\",\"Toronto\"],\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/liv.rent\/blog\/rent-reports\/april-2020-toronto-rent-report\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/liv.rent\/blog\/rent-reports\/april-2020-toronto-rent-report\/\",\"url\":\"https:\/\/liv.rent\/blog\/rent-reports\/april-2020-toronto-rent-report\/\",\"name\":\"April 2020: What's happening in the Toronto rental market? | liv.rent blog\",\"isPartOf\":{\"@id\":\"https:\/\/liv.rent\/blog\/#website\"},\"datePublished\":\"2020-04-04T17:44:01+00:00\",\"dateModified\":\"2021-03-31T22:03:49+00:00\",\"description\":\"Toronto Rent prices improved slightly in April 2020, despite the COVID-19 Pandemic. See the full April 2020 Toronto Rent Report here.\",\"breadcrumb\":{\"@id\":\"https:\/\/liv.rent\/blog\/rent-reports\/april-2020-toronto-rent-report\/#breadcrumb\"},\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/liv.rent\/blog\/rent-reports\/april-2020-toronto-rent-report\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/liv.rent\/blog\/rent-reports\/april-2020-toronto-rent-report\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/liv.rent\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"April 2020: What’s happening in the Toronto rental market?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/liv.rent\/blog\/#website\",\"url\":\"https:\/\/liv.rent\/blog\/\",\"name\":\"Liv Rent\",\"description\":\"Rental Made Easy\",\"publisher\":{\"@id\":\"https:\/\/liv.rent\/blog\/#organization\"},\"alternateName\":\"liv.rent\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/liv.rent\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-CA\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/liv.rent\/blog\/#organization\",\"name\":\"Liv Rent\",\"alternateName\":\"liv.rent\",\"url\":\"https:\/\/liv.rent\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\/\/liv.rent\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2020\/03\/liv-rent-logo-1.png\",\"contentUrl\":\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2020\/03\/liv-rent-logo-1.png\",\"width\":1000,\"height\":457,\"caption\":\"Liv Rent\"},\"image\":{\"@id\":\"https:\/\/liv.rent\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/liv.rent\/\",\"https:\/\/twitter.com\/liv_rent\",\"https:\/\/www.instagram.com\/liv.rent\/\",\"https:\/\/www.youtube.com\/channel\/UCyx0INp1qqQ2Xhw-rMiqQiA\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/liv.rent\/blog\/#\/schema\/person\/d848b746dd0bf9661e52be319d6921ae\",\"name\":\"Kristina Ikavalko\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\/\/liv.rent\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0a5bbf3fd596506205981f6d985d6969?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0a5bbf3fd596506205981f6d985d6969?s=96&d=mm&r=g\",\"caption\":\"Kristina Ikavalko\"},\"description\":\"Creative Content Creator for liv.rent, based in Vancouver.\",\"url\":\"https:\/\/liv.rent\/blog\/author\/kristina\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"April 2020: What's happening in the Toronto rental market? | liv.rent blog","description":"Toronto Rent prices improved slightly in April 2020, despite the COVID-19 Pandemic. See the full April 2020 Toronto Rent Report here.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/liv.rent\/blog\/rent-reports\/april-2020-toronto-rent-report\/","og_locale":"en_US","og_type":"article","og_title":"April 2020: What's happening in the Toronto rental market? | liv.rent blog","og_description":"Toronto Rent prices improved slightly in April 2020, despite the COVID-19 Pandemic. See the full April 2020 Toronto Rent Report here.","og_url":"https:\/\/liv.rent\/blog\/rent-reports\/april-2020-toronto-rent-report\/","og_site_name":"liv.rent blog","article_publisher":"https:\/\/www.facebook.com\/liv.rent\/","article_published_time":"2020-04-04T17:44:01+00:00","article_modified_time":"2021-03-31T22:03:49+00:00","og_image":[{"width":1920,"height":1232,"url":"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2020\/04\/2020_04_23_Toronto_Rent-Report_Apr_Blog-Header-08.jpg","type":"image\/jpeg"}],"author":"Kristina Ikavalko","twitter_card":"summary_large_image","twitter_creator":"@liv_rent","twitter_site":"@liv_rent","twitter_misc":{"Written by":"Kristina Ikavalko","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/liv.rent\/blog\/rent-reports\/april-2020-toronto-rent-report\/#article","isPartOf":{"@id":"https:\/\/liv.rent\/blog\/rent-reports\/april-2020-toronto-rent-report\/"},"author":{"name":"Kristina Ikavalko","@id":"https:\/\/liv.rent\/blog\/#\/schema\/person\/d848b746dd0bf9661e52be319d6921ae"},"headline":"April 2020: What’s happening in the Toronto rental market?","datePublished":"2020-04-04T17:44:01+00:00","dateModified":"2021-03-31T22:03:49+00:00","mainEntityOfPage":{"@id":"https:\/\/liv.rent\/blog\/rent-reports\/april-2020-toronto-rent-report\/"},"wordCount":461,"commentCount":0,"publisher":{"@id":"https:\/\/liv.rent\/blog\/#organization"},"keywords":["Rent Report","Toronto"],"articleSection":["Rent Reports","Toronto"],"inLanguage":"en-CA","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/liv.rent\/blog\/rent-reports\/april-2020-toronto-rent-report\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/liv.rent\/blog\/rent-reports\/april-2020-toronto-rent-report\/","url":"https:\/\/liv.rent\/blog\/rent-reports\/april-2020-toronto-rent-report\/","name":"April 2020: What's happening in the Toronto rental market? | liv.rent blog","isPartOf":{"@id":"https:\/\/liv.rent\/blog\/#website"},"datePublished":"2020-04-04T17:44:01+00:00","dateModified":"2021-03-31T22:03:49+00:00","description":"Toronto Rent prices improved slightly in April 2020, despite the COVID-19 Pandemic. See the full April 2020 Toronto Rent Report here.","breadcrumb":{"@id":"https:\/\/liv.rent\/blog\/rent-reports\/april-2020-toronto-rent-report\/#breadcrumb"},"inLanguage":"en-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/liv.rent\/blog\/rent-reports\/april-2020-toronto-rent-report\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/liv.rent\/blog\/rent-reports\/april-2020-toronto-rent-report\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/liv.rent\/blog\/"},{"@type":"ListItem","position":2,"name":"April 2020: What’s happening in the Toronto rental market?"}]},{"@type":"WebSite","@id":"https:\/\/liv.rent\/blog\/#website","url":"https:\/\/liv.rent\/blog\/","name":"Liv Rent","description":"Rental Made Easy","publisher":{"@id":"https:\/\/liv.rent\/blog\/#organization"},"alternateName":"liv.rent","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/liv.rent\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-CA"},{"@type":"Organization","@id":"https:\/\/liv.rent\/blog\/#organization","name":"Liv Rent","alternateName":"liv.rent","url":"https:\/\/liv.rent\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/liv.rent\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2020\/03\/liv-rent-logo-1.png","contentUrl":"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2020\/03\/liv-rent-logo-1.png","width":1000,"height":457,"caption":"Liv Rent"},"image":{"@id":"https:\/\/liv.rent\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/liv.rent\/","https:\/\/twitter.com\/liv_rent","https:\/\/www.instagram.com\/liv.rent\/","https:\/\/www.youtube.com\/channel\/UCyx0INp1qqQ2Xhw-rMiqQiA"]},{"@type":"Person","@id":"https:\/\/liv.rent\/blog\/#\/schema\/person\/d848b746dd0bf9661e52be319d6921ae","name":"Kristina Ikavalko","image":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/liv.rent\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0a5bbf3fd596506205981f6d985d6969?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0a5bbf3fd596506205981f6d985d6969?s=96&d=mm&r=g","caption":"Kristina Ikavalko"},"description":"Creative Content Creator for liv.rent, based in Vancouver.","url":"https:\/\/liv.rent\/blog\/author\/kristina\/"}]}},"_links":{"self":[{"href":"https:\/\/liv.rent\/blog\/wp-json\/wp\/v2\/posts\/19114"}],"collection":[{"href":"https:\/\/liv.rent\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/liv.rent\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/liv.rent\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/liv.rent\/blog\/wp-json\/wp\/v2\/comments?post=19114"}],"version-history":[{"count":0,"href":"https:\/\/liv.rent\/blog\/wp-json\/wp\/v2\/posts\/19114\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/liv.rent\/blog\/wp-json\/wp\/v2\/media\/19338"}],"wp:attachment":[{"href":"https:\/\/liv.rent\/blog\/wp-json\/wp\/v2\/media?parent=19114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/liv.rent\/blog\/wp-json\/wp\/v2\/categories?post=19114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/liv.rent\/blog\/wp-json\/wp\/v2\/tags?post=19114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}