{"id":31464,"date":"2021-07-30T09:00:10","date_gmt":"2021-07-30T16:00:10","guid":{"rendered":"https:\/\/liv.rent\/blog\/?p=31464"},"modified":"2021-08-26T16:48:08","modified_gmt":"2021-08-26T23:48:08","slug":"august-2021-toronto-rent-report","status":"publish","type":"post","link":"https:\/\/liv.rent\/blog\/rent-reports\/august-2021-toronto-rent-report\/","title":{"rendered":"August 2021 Toronto Rent Report"},"content":{"rendered":"\n<div style=\"border: 1px solid black; text-align: left; margin: 20px 0;padding-top:15px;\">\n\n<ul><li><strong>\nUnfurnished rent in Vaughan &amp; Vaughan-Richmond Hill increased more than faster than other GTA areas.\n<\/strong>\n\n<\/li><li><strong>Overall rent is simmering just below $1,700 per month for an unfurnished one-bedroom.\n<\/strong>\n\n<\/li><li><strong>\n\nToronto is still cheaper than Vancouver for unfurnished one-bedrooms but the gap got smaller.\n<\/strong> <\/li><\/ul>\n<\/div>\n\n\n\n<p>As August rolls around to Toronto, <a rel=\"noreferrer noopener\" aria-label=\"liv.rent (opens in a new tab)\" href=\"https:\/\/liv.rent\/\" target=\"_blank\">liv.rent<\/a> is continuing to report on the Summer Simmer, a rental trend we&#8217;re tracking right now. Each month, we share our data on the actual cost of rent in Toronto with our community.<\/p>\n\n\n\n<p><strong><em>You can get the latest updates on the Toronto rental market straight to your inbox when you <\/em><\/strong><a rel=\"noreferrer noopener\" href=\"https:\/\/mautic.liv.rent\/subscribe\" target=\"_blank\"><strong><em>subscribe<\/em><\/strong><\/a><strong><em> to keep on top of the trends.<\/em><\/strong><\/p>\n\n\n\n<p>When we started 2021, rent prices were lower than usual due to the COVID-19 pandemic and its effects. Then, we saw parity last month between furnished and unfurnished rental averages. Now, we&#8217;re tracking a Summer Simmer and seeing Toronto&#8217;s rent prices bubble just below Vancouver&#8217;s.  <\/p>\n\n\n\n<p style=\"text-align:center\"><strong><em>Jump to the following Toronto Rent Report sections: <\/em><\/strong><\/p>\n\n\n\n<div style=\"border: 1px solid black; text-align: center; margin: 20px 0;\">\n\n<p style=\"text-align: center;\"><a href=\"#rent-trends\">Toronto rent trends<\/a><\/p>\n\n<p style=\"text-align: center;\"><a href=\"#month-to-month\">Month-to-month rent change<\/a><\/p>\n\n<p style=\"text-align: center;\"><a href=\"#furnished-unfurnished\">Furnished vs. unfurnished averages<\/a><\/p>\n\n<p style=\"text-align: center;\"><a href=\"#neighbourhood-breakdown\">Neighbourhood breakdown<\/a><\/p>\n\n<p style=\"text-align: center;\"><a href=\"#most-expensive-cities-in-canada\">Average rent in Canada<\/a><\/p>\n\n<p style=\"text-align: center;\"><a href=\"#Downloadable-Resources\">Downloadable resources<\/a><\/p><\/div>\n\n\n\n<style>\n.myDivDownload {\n  background-color: #FFF2E7;    \n  text-align: center;\n  padding: 30px 5px;\n  margin: 30px 0;\n  font-size: 18px;\n}\n<\/style>\n<div class=\"myDivDownload\">\n<p style=\"margin:0;\"><strong>Complete August 2021 Toronto Rent Report: <a href=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Full-Stats-1.zip\" target=\"_blank\" rel=\"noopener noreferrer\">Download Here<\/a><\/strong><\/p>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"rent-trends\"><br>Toronto rent trends<\/h2>\n\n\n\n<p>Rent has continued to trend downward since May for a <a rel=\"noreferrer noopener\" aria-label=\"one-bedroom unfurnished apartment (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/toronto?bedroom_count=1&amp;page=1&amp;furnished=false\" target=\"_blank\">one-bedroom unfurnished apartment<\/a>, although slightly. Now, the price is simmering below $1,700.<\/p>\n\n\n\n<p>In fact, August rental rates are pretty similar to where they were back in March 2021.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"344\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-3-1-1024x344.png\" alt=\"Rental trend in Toronto from March to August\" class=\"wp-image-31567\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-3-1-1024x344.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-3-1-300x101.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-3-1-768x258.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-3-1.png 1440w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<br>\n<style>\n.background-toronto-landed {\n  text-align: center;\n  color: #303030;\n  font-family: 'Inter', sans-serif;\n  font-size: 24px;\n}\n\n.cta-block-toronto-landed p{\n  font-family: 'Inter', sans-serif;\n  color: #303030; \n  font-weight: 400;\n  text-align: center; \n  font-size: 16px;\n}\n\n.cta-block-toronto-landed {\n  background-color: #F5F5F5;\n  border-radius: 16px;\n  padding: 30px;\n  text-align: center;\n  margin: 20px 0px;\n}\n.button-toronto-landed {\n  margin-top: 20px;\n  padding: 12px 16px;\n  background: #1D415E;\n  border: 0px solid white;\n  box-shadow: 0px 6px 8px -2px rgba(29, 66, 94, 0.4), 0px 12px 16px rgba(32, 121, 193, 0.15);\n  border-radius: 6px;\n  cursor: pointer;\n  \n  font-family: 'Inter';\n  font-style: normal;\n  font-weight: 600;\n  font-size: 14px;\n  line-height: 16px;\n  text-align: center;\n  color: #FFFFFF;\n\n}\n<\/style>\n\n<div class=\"background-toronto-landed cta-block-toronto-landed\">\n<h3><strong>liv.rent has officially landed in Toronto<\/strong><\/h3>\n\n<p>Start your search today and browse through verified condos, houses and <a href=\"https:\/\/liv.rent\/rental-listings\/city\/toronto\" target=\"_blank\" rel=\"noopener noreferrer\">apartments for rent in Toronto<\/a>. Connect instantly with verified landlords and apply to multiple listings with just a few clicks.<\/p>\n\n<a href=\"https:\/\/liv.rent\/rental-listings\/city\/toronto\" target=\"_blank\" rel=\"noopener noreferrer\"><button id=\"button-toronto-landed\" class=\"button-toronto-landed\">Search Listings<\/button><\/a>\n<\/div>\n\n\n\n<!--more-->\n\n\n\n<h2 class=\"wp-block-heading\" id=\"month-to-month\">Month-to-month rent change<\/h2>\n\n\n\n<p>This chart breaks down the percentage change in rent across all central <a rel=\"noreferrer noopener\" aria-label=\"Toronto neighbourhoods (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/2021\/03\/where-to-live-in-toronto\/\" target=\"_blank\">Toronto neighbourhoods<\/a> from July 2021 to August 2021.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Unfurnished Toronto rent trends<\/h4>\n\n\n\n<p>Primarily, unfurnished rentals were unchanged. Last month we saw a dip in both <a rel=\"noreferrer noopener\" aria-label=\"Brampton (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings?cities=Brampton\" target=\"_blank\">Brampton<\/a> and <a rel=\"noreferrer noopener\" aria-label=\"Vaughan (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings?cities=Vaughan\" target=\"_blank\">Vaughan<\/a> which has now reversed as rent has gone up slightly (+8.20%)  (+3.84%) in both areas.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Furnished Toronto rent trends<\/h4>\n\n\n\n<p>Furnished rent dropped sharply in <a rel=\"noreferrer noopener\" aria-label=\"Mississauga (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings?cities=Mississauga\" target=\"_blank\">Mississauga<\/a> and went up slightly in every other GTA neighbourhood.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"505\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-7-1024x505.png\" alt=\"Percent change since last month.\" class=\"wp-image-31568\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-7-1024x505.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-7-300x148.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-7-768x379.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-7.png 1440w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<div style=\"border: 2px solid lightcoral; text-align: center; margin: 30px 0; padding: 20px; color: #BD8D7C;\">\n<p style=\"font-size: 16px;margin:0;\"><b>Read More:<\/b> <a href=\"https:\/\/liv.rent\/blog\/2021\/07\/liv-rent-user-guide-for-renters\/\" rel=\"noopener noreferrer\">\nThe Ultimate Renter\u2019s Guide To Using liv.rent\n\n\n<\/a><\/p>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"furnished-unfurnished\">Toronto furnished vs. unfurnished averages<\/h2>\n\n\n\n<p>Last month, unfurnished and furnished rentals were exactly the same price on average. Now, we&#8217;re seeing furnished rentals pull ahead as just slightly more expensive.<\/p>\n\n\n\n<p>We&#8217;ll continue to monitor this unique <a rel=\"noreferrer noopener\" href=\"https:\/\/liv.rent\/rental-listings?cities=Toronto\" target=\"_blank\">Toronto<\/a> rent trend as right now in some neighbourhoods, furnished rentals are cheaper than unfurnished ones on average.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"407\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-1-1024x407.png\" alt=\"Rental market average in Toronto shows that furnished average rent is just a bit more expensive than unfurnished.\" class=\"wp-image-31569\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-1-1024x407.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-1-300x119.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-1-768x305.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-1.png 1440w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n\n\n<div style=\"border: 2px solid lightcoral; text-align: center; margin: 30px 0; padding: 20px; color: #BD8D7C;\">\n<p style=\"font-size: 16px;margin:0;\"><b>Read More: <\/b> <a href=\"https:\/\/liv.rent\/blog\/2021\/06\/liv-rent-user-guide-landlords-and-property-managers\/\" rel=\"noopener noreferrer\">The Complete User Guide To liv.rent For Landlords &amp; Property Managers\n\n\n<\/a><\/p>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"neighbourhood-breakdown\">Neighbourhood breakdown<\/h2>\n\n\n\n<p>Brampton continues to be the <a rel=\"noreferrer noopener\" aria-label=\"most affordable GTA neighbourhood (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/2021\/04\/2021-where-can-you-find-the-cheapest-toronto-rentals\/\" target=\"_blank\">most affordable GTA neighbourhood<\/a> while the most expensive is Downtown.<\/p>\n\n\n\n<p>In Brampton, an <a rel=\"noreferrer noopener\" aria-label=\"unfurnished one-bedroom (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings?cities=Brampton&amp;page=1&amp;furnished=false\" target=\"_blank\">unfurnished one-bedroom<\/a> goes for $1,486 on average, but in Downtown Toronto, the same kind of unit will go for $1,871 \u2014 a difference of $385.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"407\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-2-1024x407.png\" alt=\"The rental market in Toronto: Downtown is the most expensive and brampton is the least expensive.\" class=\"wp-image-31570\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-2-1024x407.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-2-300x119.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-2-768x305.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-2.png 1440w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<div style=\"border: 2px solid lightcoral; text-align: center; margin: 30px 0; padding: 20px; color: #BD8D7C;\">\n<p style=\"font-size: 16px;margin:0;\"><b>Read More:<\/b> <a href=\"https:\/\/liv.rent\/blog\/2021\/07\/the-best-off-campus-housing-for-international-students-coming-to-canada-fall-2021\/\" rel=\"noopener noreferrer\">The Best Off-Campus Housing For International Students Coming To Canada Fall 2021\n\n<\/a><\/p>\n<\/div>\n\n\n\n<p>Because Canada&#8217;s cities are diverse, we&#8217;re breaking down the GTA into its different neighbourhoods to see the price difference listing types: one-bedroom, two-bedroom, and three-bedroom units, both <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/2018\/11\/furnished-vs-unfurnished-rental-guide-for-landlords\/\" target=\"_blank\">unfurnished and furnished<\/a>.<\/p>\n\n\n\n<ul><li>Unfurnished units in North York are more expensive than furnished ones.<\/li><li>Etobicoke &amp; North York have extremely similar price points for unfurnished units, unless you want a three-bedroom where the price difference jumps up almost $300<\/li><li>Furnished three-bedrooms are nearing at the $3,000 per month mark in Downtown and North York<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"459\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-6-1-1024x459.png\" alt=\"Average rental rates by listing type for unfurnished units.\" class=\"wp-image-31594\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-6-1-1024x459.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-6-1-300x135.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-6-1-768x345.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-6-1.png 1440w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"459\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-5-1024x459.png\" alt=\"Average rental rates by listing type for furnished units.\" class=\"wp-image-31593\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-5-1024x459.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-5-300x135.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-5-768x345.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-5.png 1440w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"most-expensive-cities-in-canada\"><br>Average rent in Canada<\/h2>\n\n\n\n<p>Since taking out Toronto as the Canada&#8217;s most expensive city to rent, Vancouver has remained at the top of the list. The price difference closed a biting the last month.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"344\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-4-1024x344.png\" alt=\"Canada's most expensive city for renters is Vancouver followed by Toronto.\" class=\"wp-image-31573\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-4-1024x344.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-4-300x101.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-4-768x258.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Blog-4.png 1440w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<div style=\"border: 2px solid lightcoral; text-align: center; margin: 30px 0; padding: 20px; color: #BD8D7C;\">\n<p style=\"font-size: 16px;margin:0;\"><b>Read More:<\/b> <a href=\"https:\/\/liv.rent\/blog\/2021\/04\/toronto-vs-montreal-cost-of-living-comparison\/\" target=\"_blank\" rel=\"noopener noreferrer\">Toronto vs. Montreal: Cost Of Living Comparison\n\n<\/a><\/p>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"Downloadable-Resources\">Downloadable resources<\/h2>\n\n\n\n<ul class=\"wp-block-gallery columns-2 is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\"><li class=\"blocks-gallery-item\"><figure><img decoding=\"async\" width=\"700\" height=\"699\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/04\/2020-07-15_Zoom_IG_Toronto-Avg-Updated.png\" alt=\"\" data-id=\"29467\" data-link=\"https:\/\/liv.rent\/blog\/?attachment_id=29467\" class=\"wp-image-29467\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/04\/2020-07-15_Zoom_IG_Toronto-Avg-Updated.png 700w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/04\/2020-07-15_Zoom_IG_Toronto-Avg-Updated-300x300.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/04\/2020-07-15_Zoom_IG_Toronto-Avg-Updated-170x170.png 170w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/04\/2020-07-15_Zoom_IG_Toronto-Avg-Updated-370x370.png 370w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/04\/2020-07-15_Zoom_IG_Toronto-Avg-Updated-440x440.png 440w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/figure><\/li><li class=\"blocks-gallery-item\"><figure><img decoding=\"async\" width=\"700\" height=\"699\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/04\/2020-07-15_Zoom_IG_Toronto-Trend-Updated-1.png\" alt=\"\" data-id=\"29468\" data-link=\"https:\/\/liv.rent\/blog\/?attachment_id=29468\" class=\"wp-image-29468\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/04\/2020-07-15_Zoom_IG_Toronto-Trend-Updated-1.png 700w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/04\/2020-07-15_Zoom_IG_Toronto-Trend-Updated-1-300x300.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/04\/2020-07-15_Zoom_IG_Toronto-Trend-Updated-1-170x170.png 170w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/04\/2020-07-15_Zoom_IG_Toronto-Trend-Updated-1-370x370.png 370w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/04\/2020-07-15_Zoom_IG_Toronto-Trend-Updated-1-440x440.png 440w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/figure><\/li><\/ul>\n\n\n\n<p>Make a splash at your next video meeting and rep the <a href=\"https:\/\/liv.rent\/blog\/category\/rent-reports\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">latest rental averages<\/a> and trends with our custom virtual backgrounds \u2014 always free to download.&nbsp; <br><\/p>\n\n\n\n<style>\n.myDivDownload {\n  background-color: #FFF2E7;    \n  text-align: center;\n  padding: 30px 5px;\n  margin: 30px 0;\n  font-size: 18px;\n}\n<\/style>\n<div class=\"myDivDownload\">\n<p style=\"margin:0;\"><strong>Get your free <a href=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Zoom-2.zip\" target=\"_blank\" rel=\"noopener noreferrer\">virtual backgrounds<\/a><\/strong><\/p>\n<\/div>\n\n\n\n<p style=\"text-align:center\"><strong><em>Were you looking for the full report? Download it for free here.<\/em><\/strong><\/p>\n\n\n\n<style>\n.myDivDownload {\n  background-color: #FFF2E7;    \n  text-align: center;\n  padding: 30px 5px;\n  margin: 30px 0;\n  font-size: 18px;\n}\n<\/style>\n<div class=\"myDivDownload\">\n<p style=\"margin:0;\"><strong>Complete August 2021 Toronto Rent Report: <a href=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/07\/2021_07_28_Toronto_RentReport_August_EN__Full-Stats.zip\" target=\"_blank\" rel=\"noopener noreferrer\">Download Here<\/a><\/strong><\/p>\n<\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Renting in Ontario<\/h2>\n\n\n\n<p>For information on renting in Ontario, refer to these comprehensive resource posts:<\/p>\n\n\n\n<ul><li><a rel=\"noreferrer noopener\" aria-label=\"Applying For A Rental In Ontario Part 1: What\u2019s A Standard Rental Application? (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/2021\/06\/applying-for-a-rental-in-ontario-whats-a-standard-rental-application\/\" target=\"_blank\">Applying For A Rental In Ontario Part 1: What\u2019s A Standard Rental Application?<\/a><\/li><li><a rel=\"noreferrer noopener\" aria-label=\"Applying For A Rental In Ontario Part 2: What do you need when applying for a rental? (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/2021\/06\/applying-for-a-rental-in-ontario-what-do-you-need-when-applying-for-a-rental\/\" target=\"_blank\">Applying For A Rental In Ontario Part 2: What do you need when applying for a rental?<\/a><\/li><li><a rel=\"noreferrer noopener\" aria-label=\"Applying For A Rental In Ontario Part 3: What Can A Landlord Ask For On A Rental Application In Ontario? (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/2021\/06\/applying-for-a-rental-in-ontario-what-can-a-landlord-ask-for-on-a-rental-application\/\" target=\"_blank\">Applying For A Rental In Ontario Part 3: What Can A Landlord Ask For On A Rental Application In Ontario?<\/a><\/li><li><a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/2021\/06\/applying-for-a-rental-in-ontario-how-do-i-fill-out-a-rental-application\/\" target=\"_blank\">Applying For A Rental In Ontario Part 4: How Do I Fill Out A Rental Application?<\/a><\/li><li><a rel=\"noreferrer noopener\" aria-label=\"Ontario Standard Lease Explained (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/2021\/01\/ontario-standard-lease-explained\/\" target=\"_blank\">Ontario Standard Lease Explained<\/a><\/li><li><a href=\"https:\/\/liv.rent\/blog\/2021\/01\/eviction-in-ontario-faq\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Frequently Asked Questions: Everything You Need to Know About Eviction in Ontario<\/a><\/li><\/ul>\n\n\n\n<br>\n<style>\n.button-rethink-way-you-rent-monthly-report {\n  background-color: #7495AC;\n  border: 5px #26425C;\n  color: white;\n  padding: 10px 30px;\n  text-align: center;\n  text-decoration: none;\n  display: inline-block;\n  font-size: 15px;\n  margin: 5px 0px 20px 0px;\n}\n<\/style>\n<img decoding=\"async\" class=\"alignleft wp-image-23097\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2020\/08\/Digital-Contracts-Cropped-2.gif\" alt=\"Find apartments &amp; houses for rent with the liv.rent app\" width=\"196\" height=\"370\" style=\"float:left;\">\n\n<h2 style=\"color: #3E5B77;\">Rethink The Way You Rent<\/h2>\n\n<p>Not on <strong><a href=\"https:\/\/liv.rent\/\" target=\"_blank\" rel=\"noopener noreferrer\">liv.rent<\/a><\/strong> yet? Experience the ease of digital applications &amp; contracts, verified tenants &amp; landlords, virtual tours and more \u2013 all on one platform. <strong><a href=\"https:\/\/liv.rent\/pricing\" target=\"_blank\" rel=\"noopener noreferrer\">Sign up for free<\/a><\/strong> or <strong><a href=\"https:\/\/www.liv.rent\/download\" target=\"_blank\" rel=\"noopener noreferrer\">download the app<\/a><\/strong>.<\/p>\n\n<a href=\"https:\/\/liv.rent\/features\" target=\"_blank\" rel=\"noopener noreferrer\"><button class=\"button-rethink-way-you-rent-monthly-report\">Learn More<\/button><\/a>\n\n<p style=\"color: #3E5B77\"><strong><a href=\"https:\/\/mautic.liv.rent\/subscribe\" target=\"_blank\" rel=\"noopener noreferrer\">Subscribe<\/a><\/strong> to receive these monthly updates on the Toronto rental market. Discover last month&#8217;s Rent Reports below:<\/p>\n<p><a href=\"https:\/\/liv.rent\/blog\/2021\/06\/july-2021-vancouver-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">July 2021 Vancouver Rent Report\n<\/a><br>\n\n<a href=\"https:\/\/liv.rent\/blog\/2021\/06\/july-2021-toronto-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">July 2021 Toronto Rent Report\n<\/a>\n\n<br>\n<a href=\"https:\/\/liv.rent\/blog\/2021\/06\/july-2021-montreal-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">July 2021 Montreal Rent Report\n<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unfurnished rent in Vaughan &amp; Vaughan-Richmond Hill increased more than faster than other GTA areas. Overall rent is simmering just below $1,700 per month for an unfurnished one-bedroom. Toronto is still cheaper than Vancouver for unfurnished one-bedrooms but the gap got smaller. As August rolls around to Toronto, liv.rent is continuing to report on the [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":31572,"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":"<!-- This site is optimized with the Yoast SEO plugin v20.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>August 2021 Toronto Rent Report | liv.rent blog<\/title>\n<meta name=\"description\" content=\"This August rent report reveals the real cost of renting in Toronto in 2021 covering how it&#039;s changed and where the trends are headed.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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