{"id":34105,"date":"2022-01-01T09:00:09","date_gmt":"2022-01-01T17:00:09","guid":{"rendered":"https:\/\/liv.rent\/blog\/?p=34105"},"modified":"2022-10-27T12:32:23","modified_gmt":"2022-10-27T19:32:23","slug":"january-2022-toronto-rent-report","status":"publish","type":"post","link":"https:\/\/liv.rent\/blog\/rent-reports\/january-2022-toronto-rent-report\/","title":{"rendered":"January 2022 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>\nThe average rental price for one-bedroom unfurnished units in the Greater Toronto Area has fallen to $1,678 to begin the new year, down from $1,766 in December.\n<\/strong>\n\n<\/li><li><strong>The average difference in price between furnished and unfurnished units for the GTA as a whole is now just $25.\n<\/strong>\n\n<\/li><li><strong>\n\nMarkham was the only municipality where both furnished and unfurnished units increased in price.\n<\/strong> <\/li><\/ul>\n<\/div>\n\n\n\n<p>The Greater Toronto Area&#8217;s rental averages have declined again this month, after soaring to new heights in December. Prices have largely returned to more normal levels in key areas, led by sweeping drops in rental averages in Downtown Toronto itself.<\/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 <a href=\"https:\/\/315027fd.sibforms.com\/serve\/MUIEALxBmw-zX8J7nIDbE8Y0GsbO2XD2wyS5o8IJ7wVaedytZTfE-Ysnf2unVSDuBMQ_DiIreTYMftk3u84zjN-NZ459-r4fafSVJmvHqufcCZsHOdl9YPdQlyNO_8e-aEyO3JswcwrjPcNt9Ll22P85SQ6zAIiqlLhL9S2Es9edJgfjg0307yN6DptRbjGnHobRqNlUNRLczWrl\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">subscribe<\/a> to keep on top of the trends.<\/em><\/strong><\/p>\n\n\n\n<p>Let&#8217;s take a look now at the latest data and see which neighbourhoods are experiencing the most change in furnished and unfurnished rental rates.<\/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=\"#city-breakdown\">City breakdown<\/a><\/p>\n\n<p style=\"text-align: center;\"><a href=\"#averages-outside-gta\">Rental averages outside of the GTA<\/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\n.background-downloadable-report-to-monthly-rent-report {\n  text-align: center;\n  color: #303030;\n  font-family: 'Inter', sans-serif;\n  font-size: 24px;\n}\n\n.cta-block-downloadable-report-to-monthly-rent-report 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-downloadable-report-to-monthly-rent-report {\n  background-color: #F5F5F5;\n  border-radius: 16px;\n  padding: 30px;\n  text-align: center;\n  margin: 20px 0px;\n}\n.button-downloadable-report-to-monthly-rent-report{\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  \n<\/style>\n\n<div class=\"background-downloadable-report-to-monthly-rent-report cta-block-downloadable-report-to-monthly-rent-report\">\n<h3><strong>Download The Latest Toronto Rent Report<\/strong><\/h3>\n\n<p>For the complete Toronto rent report, download here.<\/p>\n\n<button id=\"downloadable-report-to-monthly-rent-report\" class=\"button-downloadable-report-to-monthly-rent-report\">Download Report<\/button>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"rent-trends\"><br>Toronto rent trends<\/h2>\n\n\n\n<p>Following last month&#8217;s significant upward trend, rental averages for <a rel=\"noreferrer noopener\" href=\"https:\/\/liv.rent\/rental-listings\/city\/toronto?bedroom_count=1&amp;page=1&amp;furnished=false\" target=\"_blank\">one-bedroom unfurnished apartments<\/a> in the GTA have plunged heading into the new year. After finishing 2021 on a yearly high, the GTA&#8217;s average rent has fallen $88 to a new level of $1678. The winter months typically see a decline in rental prices across Canada, and January looks to see the beginning of that trend.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"717\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/12\/2021-12-20_Toronto_RentReport_January_EN_Blog-4-1024x717.png\" alt=\"rental trends for unfurnished one-bedroom units in the greater toronto area via the january 2022 liv rent report\" class=\"wp-image-34134\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/12\/2021-12-20_Toronto_RentReport_January_EN_Blog-4-1024x717.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/12\/2021-12-20_Toronto_RentReport_January_EN_Blog-4-300x210.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/12\/2021-12-20_Toronto_RentReport_January_EN_Blog-4-768x538.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/12\/2021-12-20_Toronto_RentReport_January_EN_Blog-4-351x247.png 351w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/12\/2021-12-20_Toronto_RentReport_January_EN_Blog-4.png 1200w\" 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<br><h2 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 GTA <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\">GTA cities\/municipalities<\/a> from December 2021 to January 2022.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"862\" height=\"1024\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-8-862x1024.png\" alt=\"percentage change in rental prices for different cities and municipalities in the greater toronto area, via the january 2022 liv rent report\" class=\"wp-image-34350\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-8-862x1024.png 862w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-8-252x300.png 252w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-8-768x913.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-8.png 1200w\" sizes=\"(max-width: 862px) 100vw, 862px\" \/><\/figure>\n\n\n\n<br><h3 style=\"color: #fe5f55\">Unfurnished Toronto rent trends<\/h3>\n\n\n\n<p>Unfurnished rental prices saw some major fluctuations for January 2022. <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings?cities=Toronto\" target=\"_blank\">Downtown Toronto<\/a> has seen significant decreases following December&#8217;s price action, with rent for unfurnished one-bedroom units declining a massive -16.37%. <a href=\"https:\/\/liv.rent\/rental-listings?cities=Mississauga\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Mississauga (opens in a new tab)\">Mississauga<\/a> also saw marked declines, with unfurnished units falling -7.41%, while Brampton declined similarly to the tune of -7.34%.<\/p>\n\n\n\n<br><h3 style=\"color: #fe5f55\">Furnished Toronto rent trends<\/h3>\n\n\n\n<p>Following the many significant rental price increases that occurred in December, January looks to bring furnished rental rates back down to earth. In Downtown Toronto, the average price of a one-bedroom furnished unit fell a massive -25.27%. <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings?cities=Mississauga\" target=\"_blank\">Mississauga<\/a> (-25.26%) also saw significant gains this month, as did <a href=\"https:\/\/liv.rent\/rental-listings\/city\/north-york\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"North York (opens in a new tab)\">North York<\/a> (-11.57%).<\/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\/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<br><h2 id=\"furnished-unfurnished\">Toronto furnished vs unfurnished averages<\/h2>\n\n\n\n<p>We&#8217;re continuing to closely monitor the price difference in GTA rental trends, looking at the price difference between furnished and unfurnished units. With rental prices declining across the board for January 2022, the gap in price has once again narrowed to just $25 to start off the new year.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/12\/2021-12-20_Toronto_RentReport_January_EN_Blog-2-1024x683.png\" alt=\"average rent for furnished vs unfurnished units in toronto for the january 2022 liv rent report\" class=\"wp-image-34136\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/12\/2021-12-20_Toronto_RentReport_January_EN_Blog-2-1024x683.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/12\/2021-12-20_Toronto_RentReport_January_EN_Blog-2-225x150.png 225w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/12\/2021-12-20_Toronto_RentReport_January_EN_Blog-2-300x200.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/12\/2021-12-20_Toronto_RentReport_January_EN_Blog-2-768x512.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/12\/2021-12-20_Toronto_RentReport_January_EN_Blog-2-345x230.png 345w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/12\/2021-12-20_Toronto_RentReport_January_EN_Blog-2-770x513.png 770w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/12\/2021-12-20_Toronto_RentReport_January_EN_Blog-2-370x247.png 370w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/12\/2021-12-20_Toronto_RentReport_January_EN_Blog-2-440x294.png 440w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/12\/2021-12-20_Toronto_RentReport_January_EN_Blog-2-570x380.png 570w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/12\/2021-12-20_Toronto_RentReport_January_EN_Blog-2-170x113.png 170w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/12\/2021-12-20_Toronto_RentReport_January_EN_Blog-2.png 1200w\" 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\/08\/questions-every-landlord-should-ask-applicants-before-they-sign-a-lease\/\" rel=\"noopener noreferrer\">56 Questions Every Landlord Should Ask Applicants Before They Sign A Lease\n\n\n<\/a><\/p>\n<\/div>\n\n\n\n<br><h2 id=\"city-breakdown\">City breakdown<\/h2>\n\n\n\n<p>This month, <a aria-label=\"Brampton (opens in a new tab)\" rel=\"noreferrer noopener\" href=\"https:\/\/liv.rent\/rental-listings\/city\/brampton\" target=\"_blank\">Brampton<\/a> reclaims its title as 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 municipality<\/a> while the most expensive remains Downtown Toronto itself.<\/p>\n\n\n\n<p>With rental prices falling across the board this month, 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> unit in Brampton can now be had for an average of $1,502.  In Downtown Toronto, on the other hand, an unfurnished one-bedroom unit averages $1,827 \u2014 a difference of $325.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"674\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-3-1024x674.png\" alt=\"city breakdown - highest and lowest rent by city in the greater toronto area for the january 2022 liv rent report\" class=\"wp-image-34354\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-3-1024x674.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-3-300x198.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-3-768x506.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-3-170x113.png 170w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-3.png 1200w\" 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\/01\/what-can-1800-in-rent-get-you-in-toronto\/\" rel=\"noopener noreferrer\">[Updated November 2021] What Can $1800 In Rent Get You In Toronto?\n\n<\/a><\/p>\n<\/div>\n\n\n\n<p>Because Ontario&#8217;s different communities are so diverse, we&#8217;re breaking down the GTA into its different cities and municipalities to see the price difference within 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>Downtown Toronto rent has fallen back to earth this month, with unfurnished one-bedroom units now going for an average of $1,827 \u2013down from $2,184 in December.<\/li><li>The average price for furnished one-bedroom units in both Brampton and Mississauga is less than $1,500 this month, making them the two most affordable rental options for those looking for a one-bedroom.<\/li><li>A furnished three-bedroom unit in North York costs just $22 more than a furnished two-bedroom unit, on average.<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"684\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-7-1024x684.png\" alt=\"average rent for unfurnished one, two and three bedroom units in the greater toronto area - broken down by city\/municipality for the january 2022 liv rent report\" class=\"wp-image-34351\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-7-1024x684.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-7-225x150.png 225w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-7-300x201.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-7-768x513.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-7-345x230.png 345w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-7-770x513.png 770w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-7-370x247.png 370w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-7-440x294.png 440w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-7-570x380.png 570w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-7-170x113.png 170w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-7.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"684\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-6-1024x684.png\" alt=\"average rent for furnished units by municipalities in the greater toronto area via the january 2022 liv rent report\" class=\"wp-image-34352\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-6-1024x684.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-6-225x150.png 225w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-6-300x201.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-6-768x513.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-6-345x230.png 345w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-6-770x513.png 770w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-6-370x247.png 370w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-6-440x294.png 440w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-6-570x380.png 570w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-6-170x113.png 170w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/01\/2021-01-11_Toronto_RentReport_January_EN_Blog-6.png 1200w\" 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\/09\/faq-everything-you-need-to-know-about-rent-deposits-in-ontario\/\" target=\"_blank\" rel=\"noopener noreferrer\">FAQ: Everything You Need To Know About Rent Deposits In Ontario\n\n<\/a><\/p>\n<\/div>\n\n\n\n<br><h2 id=\"averages-outside-gta\">Rental averages outside of the GTA<\/h2>\n\n\n\n<p>We&#8217;ve explored data from neighbourhoods, cities, and municipalities outside of the Greater Toronto Region. Looking at this new information, Niagara Falls had the most affordable rent for an unfurnished one-bedroom, at just $1,196, while Oakville had the most expensive, at $1,865.<\/p>\n\n\n\n<p>Our complete January 2022 Rent Report has information on other key areas, broken down into region and unit type for a more complete overview of rental averages in Ontario. To view these and all the other new information we&#8217;ve added, be sure to download your copy of the Rent Report here.<\/p>\n\n\n\n<style>\n\n.background-downloadable-report-to-monthly-rent-report {\n  text-align: center;\n  color: #303030;\n  font-family: 'Inter', sans-serif;\n  font-size: 24px;\n}\n\n.cta-block-downloadable-report-to-monthly-rent-report 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-downloadable-report-to-monthly-rent-report {\n  background-color: #F5F5F5;\n  border-radius: 16px;\n  padding: 30px;\n  text-align: center;\n  margin: 20px 0px;\n}\n.button-downloadable-report-to-monthly-rent-report{\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  \n<\/style>\n\n<div class=\"background-downloadable-report-to-monthly-rent-report cta-block-downloadable-report-to-monthly-rent-report\">\n<h3><strong>Download The Latest Toronto Rent Report<\/strong><\/h3>\n\n<p>For the complete Toronto rent report, download here.<\/p>\n\n<button id=\"downloadable-report-to-monthly-rent-report\" class=\"button-downloadable-report-to-monthly-rent-report\">Download Report<\/button>\n<\/div>\n\n\n\n<br><h2 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=\"1024\" height=\"1024\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Toronto-Avg-1024x1024.png\" alt=\"\" data-id=\"33580\" data-link=\"https:\/\/liv.rent\/blog\/2021-10-07_zoom_ig_toronto-avg\/\" class=\"wp-image-33580\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Toronto-Avg-1024x1024.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Toronto-Avg-300x300.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Toronto-Avg-768x768.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Toronto-Avg-170x170.png 170w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Toronto-Avg-370x370.png 370w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Toronto-Avg-440x440.png 440w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/li><li class=\"blocks-gallery-item\"><figure><img decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Toronto-Trend-1024x1024.png\" alt=\"\" data-id=\"33579\" data-link=\"https:\/\/liv.rent\/blog\/2021-10-07_zoom_ig_toronto-trend\/\" class=\"wp-image-33579\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Toronto-Trend-1024x1024.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Toronto-Trend-300x300.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Toronto-Trend-768x768.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Toronto-Trend-170x170.png 170w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Toronto-Trend-370x370.png 370w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Toronto-Trend-440x440.png 440w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/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\/12\/2021-12-20_Toronto_RentReport_January_EN_Zoom.zip\" target=\"_blank\" rel=\"noopener noreferrer\">virtual backgrounds<\/a><\/strong><\/p>\n<\/div>\n\n\n\n<p style=\"text-align:center\"><strong>Were you looking for the full report? Download it for free here.<\/strong><\/p>\n\n\n\n<style>\n\n.background-downloadable-report-to-monthly-rent-report {\n  text-align: center;\n  color: #303030;\n  font-family: 'Inter', sans-serif;\n  font-size: 24px;\n}\n\n.cta-block-downloadable-report-to-monthly-rent-report 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-downloadable-report-to-monthly-rent-report {\n  background-color: #F5F5F5;\n  border-radius: 16px;\n  padding: 30px;\n  text-align: center;\n  margin: 20px 0px;\n}\n.button-downloadable-report-to-monthly-rent-report{\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  \n<\/style>\n\n<div class=\"background-downloadable-report-to-monthly-rent-report cta-block-downloadable-report-to-monthly-rent-report\">\n<h3><strong>Download The Latest Toronto Rent Report<\/strong><\/h3>\n\n<p>For the complete Toronto rent report, download here.<\/p>\n\n<button id=\"downloadable-report-to-monthly-rent-report\" class=\"button-downloadable-report-to-monthly-rent-report\">Download Report<\/button>\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\">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\">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\">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\">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 rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/2021\/01\/eviction-in-ontario-faq\/\" target=\"_blank\">Frequently Asked Questions: Everything You Need to Know About Eviction in Ontario<\/a><\/li><\/ul>\n\n\n\n<hr class=\"wp-block-separator\"\/>\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:\/\/315027fd.sibforms.com\/serve\/MUIEALxBmw-zX8J7nIDbE8Y0GsbO2XD2wyS5o8IJ7wVaedytZTfE-Ysnf2unVSDuBMQ_DiIreTYMftk3u84zjN-NZ459-r4fafSVJmvHqufcCZsHOdl9YPdQlyNO_8e-aEyO3JswcwrjPcNt9Ll22P85SQ6zAIiqlLhL9S2Es9edJgfjg0307yN6DptRbjGnHobRqNlUNRLczWrl\" 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\/12\/december-2021-vancouver-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">December 2021 Vancouver Rent Report<\/a><br>\n\n<a href=\"https:\/\/liv.rent\/blog\/2021\/12\/december-2021-toronto-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">December 2021 Toronto Rent Report<\/a>\n\n<br>\n<a href=\"https:\/\/liv.rent\/blog\/2021\/12\/december-2021-montreal-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">December 2021 Montreal Rent Report<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The average rental price for one-bedroom unfurnished units in the Greater Toronto Area has fallen to $1,678 to begin the new year, down from $1,766 in December. The average difference in price between furnished and unfurnished units for the GTA as a whole is now just $25. Markham was the only municipality where both furnished [&hellip;]<\/p>\n","protected":false},"author":28,"featured_media":34137,"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>January 2022 Toronto Rent Report | liv.rent blog<\/title>\n<meta name=\"description\" content=\"This December rent report reveals the real cost of renting in Toronto in January 2022, 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\" href=\"https:\/\/liv.rent\/blog\/rent-reports\/january-2022-toronto-rent-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"January 2022 Toronto Rent Report | liv.rent blog\" \/>\n<meta property=\"og:description\" content=\"This December rent report reveals the real cost of renting in Toronto in January 2022, covering how it&#039;s changed and where the trends are headed.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/liv.rent\/blog\/rent-reports\/january-2022-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=\"2022-01-01T17:00:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-27T19:32:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/12\/2021-12-20_Toronto_RentReport_January_EN_Blog-1.png\" 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