{"id":55399,"date":"2024-02-13T13:19:06","date_gmt":"2024-02-13T21:19:06","guid":{"rendered":"https:\/\/liv.rent\/blog\/?p=55399"},"modified":"2024-08-08T13:58:14","modified_gmt":"2024-08-08T20:58:14","slug":"february-2024-toronto-rent-report","status":"publish","type":"post","link":"https:\/\/liv.rent\/blog\/rent-reports\/february-2024-toronto-rent-report\/","title":{"rendered":"February 2024 Toronto Rent Report"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">At a glance<\/h3>\n\n\n\n<ul>\n<li><em><strong>The GTA&#8217;s rent prices bounce back after four month-to-month declines \u2013 <\/strong>The average monthly rent price for an unfurnished, one-bedroom unit in Toronto is now $2,324 this February, a $55 increase from January.<\/em> Despite this, the region&#8217;s rates now sit just below where they were in November, and are now up +8.19% from February 2023, compared to a +17.46% year-over-year change between September 2022 and September 2023. <\/li>\n\n\n\n<li><em><strong>Markham has the region&#8217;s fastest-growing rent prices<\/strong> \u2013 Markham saw a +16.90% year-over-year increase in the city&#8217;s rates for 1br unfurnished units. The city also tied with Kitchener for the highest year-over-year population growth, with a +10% growth. <\/em><\/li>\n\n\n\n<li><em><strong>Canada&#8217;s rapidly rising rent prices showing signs of slowing<\/strong> \u2013 Across the country, rental rates grew less between Feb. 2022 to Feb. 2023 than between Feb. 2023 to Feb. 2024. Several legislative changes are expected to compound this throughout the year, including a significant decrease in the number of approved study permits, and new rules for short-term rentals in B.C. <\/em><\/li>\n<\/ul>\n\n\n\n<p><strong><em>Looking for our full February 2024 Toronto Rent Report? Download your copy <a href=\"#downloadable-resources\">here<\/a> to get all the latest insights, including a detailed breakdown by neighbourhood.<\/em><\/strong><\/p>\n\n\n\n<p>Average monthly rent prices in Toronto have increased this month, following four consecutive month-to-month declines. As of February 2024, the city of Toronto&#8217;s average monthly rent price for an unfurnished, one-bedroom unit stands at $2,324, a $55 increase since January. In an announcement on January 24th, the Bank of Canada once again held the country&#8217;s <a aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/landlords\/interest-rates-and-rental-properties\/\" target=\"_blank\" rel=\"noreferrer noopener\">interest rates<\/a> at their current levels of 5.00%, which could play a part in stabilizing rental rates this year.<\/p>\n\n\n\n<p><strong><em>We\u2019ve recently published our 2024 Canada Rental Market Trend Report with in-depth analysis of average rent prices, driving factors, and predictions for the year ahead. You can download your copy&nbsp;<a href=\"https:\/\/liv.rent\/blog\/rental-resources\/2024-canada-rental-market-trend-report\/\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/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 biggest changes in furnished and unfurnished rental rates.<\/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<h2 class=\"wp-block-heading\" id=\"rent-trends\"><br>Toronto rent trends<\/h2>\n\n\n\n<p>Average rent prices for unfurnished, one-bedroom units in Toronto have increased this February after four straight month-to-month declines this winter. Looking at a year-over-year comparison, the average monthly rent for an unfurnished, one-bedroom unit in the GTA has increased by $176 since February 2023.<\/p>\n\n\n\n<p><strong><em>Planning on raising rent this year? Ontario&#8217;s Annual allowable rent increase limit for 2024 is 2.5%. Find out when and how you can increase rent and ensure you&#8217;re complying with provincial guidelines by reading our updated <a aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/landlords\/ontario-rent-increase\/\" target=\"_blank\" rel=\"noreferrer noopener\">Guide to Ontario Rent Increases<\/a>.<\/em><\/strong><\/p>\n\n\n\n<div style=\"border: 2px solid lightcoral; text-align: center; margin: 30px 0; padding: 20px; color: #BD8D7C;\">\r\n<p style=\"font-size: 16px;margin: 0;\"><b>&gt;&gt; Recommended Reading:<\/b> <a href=\"https:\/\/liv.rent\/blog\/landlords\/ontario-rent-increase\/\" target=\"_blank\" rel=\"noopener noreferrer\">What is Ontario\u2019s maximum allowable rent increase?<\/a><\/p>\r\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"717\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-4-1-1024x717.jpg\" alt=\"rental trends for unfurnished one-bedroom units in the Greater Toronto Area via the February 2024 liv rent report\" class=\"wp-image-55448\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-4-1-980x686.jpg 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-4-1-480x336.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<br>\n<style>\n.background-landlord-cta-free-rent-estimate {\n  text-align: center;\n  color: #303030;\n  font-family: 'Inter', sans-serif;\n  font-size: 24px;\n}\n\n.cta-block-landlord-cta-free-rent-estimate 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-landlord-cta-free-rent-estimate {\n  background-color: #F5F5F5;\n  border-radius: 16px;\n  padding: 30px;\n  text-align: center;\n  margin: 20px 0px;\n}\n.button-landlord-cta-free-rent-estimate{\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-landlord-cta-free-rent-estimate cta-block-landlord-cta-free-rent-estimate\">\n<h3><strong>Is your rental priced competitively?<\/strong><\/h3>\n\n<p>Find out with a <em>free<\/em> rent estimate. Our team of rental experts will calculate your unit&#8217;s true value based on your listing details &amp; current market trends.<\/p>\n\n<a href=\"https:\/\/landlords.liv.rent\/rentestimate\/\" target=\"_blank\" rel=\"noopener noreferrer\"><button id=\"button-landlord-cta-free-rent-estimate\" class=\"button-landlord-cta-free-rent-estimate\">Get Your Free Estimate<\/button><\/a>\n<\/div>\n<br>\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 prices across all <a aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/neighbourhoods\/where-to-live-in-toronto\/\" target=\"_blank\" rel=\"noreferrer noopener\">GTA cities\/municipalities<\/a> between January 2024 and February 2024.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"862\" height=\"1024\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-8-862x1024.jpg\" alt=\"percentage change in rental prices for different cities and municipalities in the Greater Toronto Area, via the February 2024 liv rent report\" class=\"wp-image-55406\"\/><\/figure>\n\n\n\n<br><h3 style=\"color: #fe5f55\">Unfurnished Toronto rent trends<\/h3>\n\n\n\n<p>Average rates for unfurnished, one-bedroom units in the GTA were fairly stable this month with a few noteworthy changes. This month, the most significant month-to-month increase was seen in <a href=\"https:\/\/liv.rent\/rental-listings\/city\/north-york\" target=\"_blank\" rel=\"noreferrer noopener\">North York<\/a> (+6.60%), with smaller increases in <a href=\"https:\/\/liv.rent\/rental-listings\/city\/etobicoke\/\" target=\"_blank\" rel=\"noreferrer noopener\">Etobicoke<\/a> (+1.73%), <a href=\"https:\/\/liv.rent\/rental-listings\/city\/scarborough\/\" target=\"_blank\" rel=\"noreferrer noopener\">Scarborough<\/a> (+0.51%), and <a href=\"https:\/\/liv.rent\/rental-listings\/city\/toronto\/\" target=\"_blank\" rel=\"noreferrer noopener\">Downtown Toronto<\/a> (+0.38%). <a href=\"https:\/\/liv.rent\/rental-listings\/city\/markham\/\" target=\"_blank\" rel=\"noreferrer noopener\">Markham<\/a> (-2.90%) had the most notable month-to-month decrease, with rates also falling in <a href=\"https:\/\/liv.rent\/rental-listings\/city\/mississauga\" target=\"_blank\" rel=\"noreferrer noopener\">Mississauga<\/a> (-0.96%), <a href=\"https:\/\/liv.rent\/rental-listings\/city\/vaughan\" target=\"_blank\" rel=\"noreferrer noopener\">Vaughan-Richmond Hill<\/a> (-0.78%), and <a href=\"https:\/\/liv.rent\/rental-listings\/city\/brampton\/\" target=\"_blank\" rel=\"noreferrer noopener\">Brampton<\/a> (-0.60%).<\/p>\n\n\n\n<br><h3 style=\"color: #fe5f55\">Furnished Toronto rent trends<\/h3>\n\n\n\n<p>Looking at furnished units, the largest month-to-month increases were in <a href=\"https:\/\/liv.rent\/rental-listings\/city\/scarborough\/\" target=\"_blank\" rel=\"noreferrer noopener\">Scarborough<\/a> (+8.92%) and <a href=\"https:\/\/liv.rent\/rental-listings\/city\/markham\/\" target=\"_blank\" rel=\"noreferrer noopener\">Markham<\/a> (+4.56%), while the most significant month-to-month decreases occurred in <a href=\"https:\/\/liv.rent\/rental-listings\/city\/vaughan\" target=\"_blank\" rel=\"noreferrer noopener\">Vaughan-Richmond Hill<\/a> (-5.62%) and <a href=\"https:\/\/liv.rent\/rental-listings\/city\/toronto\/\" target=\"_blank\" rel=\"noreferrer noopener\">Downtown Toronto<\/a> (-4.36%). <\/p>\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;\">\r\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\">\r\nThe Ultimate Renter\u2019s Guide To Using liv.rent\r\n\r\n\r\n<\/a><\/p>\r\n<\/div>\n\n\n\n<br><h2 id=\"furnished-unfurnished\">Toronto furnished vs unfurnished averages<\/h2>\n\n\n\n<p>This February, prices for both furnished and unfurnished one-bedroom units rose. This month, the average one-bedroom, furnished unit rents for $11 less than a one-bedroom unfurnished unit. This means that, at least during the slower winter renting season, landlords are unlikely to see significantly higher profits renting out their units furnished \u2013 although there is still some demand for <a aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/landlords\/short-term-vs-long-term-rentals-which-are-right-for-you\/\" target=\"_blank\" rel=\"noreferrer noopener\">short-term rentals<\/a>. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-2-1-1024x683.jpg\" alt=\"average rent for furnished vs unfurnished units in the Greater Toronto Area for the February 2024 liv rent report\" class=\"wp-image-55443\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-2-1-980x653.jpg 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-2-1-480x320.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n\n\n<div style=\"border: 2px solid lightcoral; text-align: center; margin: 30px 0; padding: 20px; color: #BD8D7C;\">\r\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\r\n\r\n\r\n<\/a><\/p>\r\n<\/div>\n\n\n\n<br><h2 id=\"rent-per-sq-ft\">Rent per square foot<\/h2>\n\n\n\n<p>Our monthly Rent Reports also look more closely at the average rent per square foot in municipalities throughout the Greater Toronto Area. This February, <a href=\"https:\/\/liv.rent\/rental-listings\/city\/north-york\" target=\"_blank\" rel=\"noreferrer noopener\">North York<\/a> ($3.89\/sq. ft.) has the most expensive rent in terms of cost per square foot, while <a href=\"https:\/\/liv.rent\/rental-listings\/city\/toronto\" target=\"_blank\" rel=\"noreferrer noopener\">Downtown Toronto<\/a> ($3.84\/sq. ft.) has a similarly high cost for space. This month, the least expensive rent per square foot can be found in <a href=\"https:\/\/liv.rent\/rental-listings\/city\/brampton\/\" target=\"_blank\" rel=\"noreferrer noopener\">Brampton<\/a> ($2.03\/sq. ft.).<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"690\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-5-1024x690.jpg\" alt=\"average rent per square foot broken down by city for the February 2024 liv rent Toronto Rent Report\" class=\"wp-image-55403\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-5-980x660.jpg 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-5-480x323.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<br><h2 id=\"active-listings\">Active listing data<\/h2>\n\n\n\n<p>We&#8217;ll also be looking at detailed statistics for currently active listings available on the market to see which property types and number of bedrooms are the most represented. For renters, these numbers show which types of units you&#8217;re most likely to encounter in the Greater Toronto Area, while for landlords, you can assess how much competition you&#8217;ll face based on the current supply.<\/p>\n\n\n\n<br><h3 style=\"color: #fe5f55\">Active listings by property type<\/h3>\n\n\n\n<p>As of February 2024, the most common rental property type in the Greater Toronto Area was apartments, representing the majority of all listings in the GTA at 82.62%. Partial Houses (e.g. basement suites) were the second-most rented unit type this month, representing 10.37% of active listings.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"439\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-11-1024x439.jpg\" alt=\"number of active listings by property type for the February 2024 liv rent report\" class=\"wp-image-55409\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-11-980x420.jpg 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-11-480x206.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<br><h3 style=\"color: #fe5f55\">Active listings by number of bedrooms<\/h3>\n\n\n\n<p>In terms of the number of bedrooms, we saw a much more even spread across active listings on the market this February. One-bedroom units were the most common type of listing in the GTA this month at 61.69%, while two-bedroom units represented 26.77% of the region&#8217;s active listings.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"391\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-10-1024x391.jpg\" alt=\"number of active listings by number of bedrooms for the February 2024 liv rent report\" class=\"wp-image-55408\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-10-980x374.jpg 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-10-480x183.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<br><h2 id=\"city-breakdown\">City breakdown<\/h2>\n\n\n\n<p>This February, Oshawa is the <a 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\" rel=\"noreferrer noopener\">cheapest municipality<\/a> to rent in out of the areas we look at for our Rent Reports, while <a href=\"https:\/\/liv.rent\/rental-listings\/city\/north-york\/\" target=\"_blank\" rel=\"noreferrer noopener\">North York<\/a> is the region&#8217;s most expensive place to rent this month. <\/p>\n\n\n\n<p>The average rent price for an <a aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/brampton?furnished=false&amp;bedroom_count=1\" target=\"_blank\" rel=\"noreferrer noopener\">unfurnished one-bedroom<\/a> unit in Oshawa currently stands at $1,718, while in North York, the same type of unit rents for an average of $2,472 \u2013 a difference of $754.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"674\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-3-1-1024x674.jpg\" alt=\"highest and lowest rent in the GTA by neighbourhood via the February 2024 liv rent report\" class=\"wp-image-55447\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-3-1-980x645.jpg 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-3-1-480x316.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<div style=\"border: 2px solid lightcoral; text-align: center; margin: 30px 0; padding: 20px; color: #BD8D7C;\">\r\n<p style=\"font-size: 16px;margin:0;\"><b>Read More:<\/b> <a href=\"https:\/\/liv.rent\/blog\/2022\/03\/toronto-rental-vacancy-rates\/\" rel=\"noopener noreferrer\">Rental Vacancy Rates In The City Of Toronto\r\n\r\n<\/a><\/p>\r\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 aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/rental-resources\/furnished-vs-unfurnished-rental-guide-for-landlords\/\" target=\"_blank\" rel=\"noreferrer noopener\">unfurnished and furnished<\/a>.<\/p>\n\n\n\n<ul>\n<li>Downtown Toronto had the highest average rent prices for two- and three-bedroom unfurnished units, as well as all types of furnished units. <\/li>\n\n\n\n<li>Prices increased for one-, two-, and three-bedroom unfurnished units in Downtown Toronto. <\/li>\n\n\n\n<li>Out of these cities, Brampton had the lowest average prices for one-, two-, and three-bedroom furnished &amp; unfurnished units.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"685\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-7-1-1024x685.jpg\" alt=\"average rent for unfurnished one, two and three bedroom units in the Greater Toronto Area - broken down by city\/municipality for the February 2024 liv rent report\" class=\"wp-image-55445\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-7-1-980x655.jpg 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-7-1-480x321.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"685\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-6-1-1024x685.jpg\" alt=\"average rent for furnished one, two and three bedroom units in the Greater Toronto Area - broken down by city\/municipality for the February 2024 liv rent report\" class=\"wp-image-55446\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-6-1-980x655.jpg 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-6-1-480x321.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<div style=\"border: 2px solid lightcoral; text-align: center; margin: 30px 0; padding: 20px; color: #BD8D7C;\">\r\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\r\n\r\n<\/a><\/p>\r\n<\/div>\n\n\n\n<br><h2 id=\"averages-outside-gta\">Rental averages for other Ontario cities<\/h2>\n\n\n\n<p>We&#8217;ve also explored data from cities and municipalities in other regions within and surrounding the GTA. Looking at these additional cities, <a href=\"https:\/\/liv.rent\/rental-listings\/city\/st-catharines\" target=\"_blank\" rel=\"noreferrer noopener\">St. Catharines<\/a> is the least expensive to rent in this February at $1,586\/month for an unfurnished, one-bedroom unit, while <a href=\"https:\/\/liv.rent\/rental-listings\/city\/north-york\/\" target=\"_blank\" rel=\"noreferrer noopener\">North York<\/a> is the most expensive, at an average of $2,472 this month.<\/p>\n\n\n\n<p>For complete data on these cities as well as other municipalities outside of the Greater Toronto Area, download our full report <a href=\"#Downloadable_resources\">here<\/a> to view the complete report.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"977\" height=\"1024\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-9-1-977x1024.jpg\" alt=\"average rent by municipality or city outside of the Greater Toronto Area via the February 2024 liv rent report\" class=\"wp-image-55444\"\/><\/figure>\n\n\n\n<br>\n<style>\n.background-landlord-cta-free-rent-estimate {\n  text-align: center;\n  color: #303030;\n  font-family: 'Inter', sans-serif;\n  font-size: 24px;\n}\n\n.cta-block-landlord-cta-free-rent-estimate 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-landlord-cta-free-rent-estimate {\n  background-color: #F5F5F5;\n  border-radius: 16px;\n  padding: 30px;\n  text-align: center;\n  margin: 20px 0px;\n}\n.button-landlord-cta-free-rent-estimate{\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-landlord-cta-free-rent-estimate cta-block-landlord-cta-free-rent-estimate\">\n<h3><strong>Is your rental priced competitively?<\/strong><\/h3>\n\n<p>Find out with a <em>free<\/em> rent estimate. Our team of rental experts will calculate your unit&#8217;s true value based on your listing details &amp; current market trends.<\/p>\n\n<a href=\"https:\/\/landlords.liv.rent\/rentestimate\/\" target=\"_blank\" rel=\"noopener noreferrer\"><button id=\"button-landlord-cta-free-rent-estimate\" class=\"button-landlord-cta-free-rent-estimate\">Get Your Free Estimate<\/button><\/a>\n<\/div>\n<br>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Downloadable resources<\/h2>\n\n\n\n<p>Our complete February 2024 Rent Report has information on even more key areas, broken down into region and unit type for a 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 below.<\/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 has-css-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Renting in Ontario<\/h2>\n\n\n\n<p>For more information on renting in Ontario, refer to these comprehensive resource posts:<\/p>\n\n\n\n<ul>\n<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>\n\n\n\n<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>\n\n\n\n<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>\n\n\n\n<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>\n\n\n\n<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>\n\n\n\n<li><a aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/2021\/01\/eviction-in-ontario-faq\/\" target=\"_blank\" rel=\"noreferrer noopener\">Frequently Asked Questions: Everything You Need to Know About Eviction in Ontario<\/a><\/li>\n<\/ul>\n\n\n\n<br><h2 id=\"methodology\">Data collection methodology<\/h2>\n\n\n\n<font size= \"2\"><i>\r\n<p>Our monthly rent reports use data from our own liv.rent listings, as well as data our team manually collects from other popular listing sites &#8211; looking at available basement suites, apartments, condos, townhouses, semi-detached houses, and single-detached houses for each area.<\/p>\r\n\r\n<p>When collecting this data, we do exclude luxury properties listed at over $5,000, as well as rooms for rent and shared accommodation.  Investing in manual data collection means that we only consider the current month\u2019s listing, since we can filter out duplicate listings and older ads that haven\u2019t been removed. <\/p>\r\n\r\n<p>Another key difference between our data collection methods and some government agencies like the CMHC is that we only include current asking rent prices. Many official reports will include data for entire buildings in their reports, which tends to skew numbers lower since many units are already occupied, and may be rent-controlled or rented for significantly lower than the current rates. <\/p>\r\n\r\n<p>As we are a Canadian rental platform founded and based in Vancouver, we want to ensure that we\u2019re providing a completely accurate depiction of the rental market in the cities we look at. <\/p>\r\n<\/p><\/font><\/i>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\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=\"220\" height=\"410\" 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 Vancouver rental market. Discover last month&#8217;s Rent Reports below:<\/p><p>\n\n<a href=\"https:\/\/liv.rent\/blog\/rent-reports\/january-2024-metro-vancouver-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">January 2024 Metro Vancouver Rent Report<\/a><br>\n\n<a href=\"https:\/\/liv.rent\/blog\/rent-reports\/january-2024-toronto-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">January 2024 Toronto Rent Report<\/a><br>\n\n<a href=\"https:\/\/liv.rent\/blog\/rent-reports\/january-2024-calgary-edmonton-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">January 2024 Calgary &amp; Edmonton Rent Report<\/a>\n\n<br>\n<a href=\"https:\/\/liv.rent\/blog\/rent-reports\/january-2024-montreal-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">January 2024 Montreal Rent Report<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>At a glance Looking for our full February 2024 Toronto Rent Report? Download your copy here to get all the latest insights, including a detailed breakdown by neighbourhood. Average monthly rent prices in Toronto have increased this month, following four consecutive month-to-month declines. As of February 2024, the city of Toronto&#8217;s average monthly rent price [&hellip;]<\/p>\n","protected":false},"author":28,"featured_media":55410,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_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>February 2024 Toronto Rent Report | liv.rent blog<\/title>\n<meta name=\"description\" content=\"liv.rent&#039;s February 2024 Toronto Rent Report looks at rental data in the GTA, analyzing need-to-know statistics for renters &amp; landlords.\" \/>\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\/february-2024-toronto-rent-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"February 2024 Toronto Rent Report | liv.rent blog\" \/>\n<meta property=\"og:description\" content=\"liv.rent&#039;s February 2024 Toronto Rent Report looks at rental data in the GTA, analyzing need-to-know statistics for renters &amp; landlords.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/liv.rent\/blog\/rent-reports\/february-2024-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=\"2024-02-13T21:19:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-08T20:58:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1620\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Greg Park\" \/>\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=\"Greg Park\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"9 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\/february-2024-toronto-rent-report\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/liv.rent\/blog\/rent-reports\/february-2024-toronto-rent-report\/\"},\"author\":{\"name\":\"Greg Park\",\"@id\":\"https:\/\/liv.rent\/blog\/#\/schema\/person\/06d5a70e14d7c8724842f55ecb819a06\"},\"headline\":\"February 2024 Toronto Rent Report\",\"datePublished\":\"2024-02-13T21:19:06+00:00\",\"dateModified\":\"2024-08-08T20:58:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/liv.rent\/blog\/rent-reports\/february-2024-toronto-rent-report\/\"},\"wordCount\":1498,\"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\/february-2024-toronto-rent-report\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/liv.rent\/blog\/rent-reports\/february-2024-toronto-rent-report\/\",\"url\":\"https:\/\/liv.rent\/blog\/rent-reports\/february-2024-toronto-rent-report\/\",\"name\":\"February 2024 Toronto Rent Report | liv.rent blog\",\"isPartOf\":{\"@id\":\"https:\/\/liv.rent\/blog\/#website\"},\"datePublished\":\"2024-02-13T21:19:06+00:00\",\"dateModified\":\"2024-08-08T20:58:14+00:00\",\"description\":\"liv.rent's February 2024 Toronto Rent Report looks at rental data in the GTA, analyzing need-to-know statistics for renters & landlords.\",\"breadcrumb\":{\"@id\":\"https:\/\/liv.rent\/blog\/rent-reports\/february-2024-toronto-rent-report\/#breadcrumb\"},\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/liv.rent\/blog\/rent-reports\/february-2024-toronto-rent-report\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/liv.rent\/blog\/rent-reports\/february-2024-toronto-rent-report\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/liv.rent\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"February 2024 Toronto Rent Report\"}]},{\"@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\/06d5a70e14d7c8724842f55ecb819a06\",\"name\":\"Greg Park\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\/\/liv.rent\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/02\/greg-park.jpg\",\"contentUrl\":\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/02\/greg-park.jpg\",\"caption\":\"Greg Park\"},\"description\":\"Greg Park is a Creative Content Writer here at liv.rent who shares insights and news with our community of landlords and tenants.\",\"sameAs\":[\"http:\/\/gregpark.ca\",\"linkedin.com\/in\/gregory-park604\"],\"url\":\"https:\/\/liv.rent\/blog\/author\/greg-park\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"February 2024 Toronto Rent Report | liv.rent blog","description":"liv.rent's February 2024 Toronto Rent Report looks at rental data in the GTA, analyzing need-to-know statistics for renters & landlords.","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\/february-2024-toronto-rent-report\/","og_locale":"en_US","og_type":"article","og_title":"February 2024 Toronto Rent Report | liv.rent blog","og_description":"liv.rent's February 2024 Toronto Rent Report looks at rental data in the GTA, analyzing need-to-know statistics for renters & landlords.","og_url":"https:\/\/liv.rent\/blog\/rent-reports\/february-2024-toronto-rent-report\/","og_site_name":"liv.rent blog","article_publisher":"https:\/\/www.facebook.com\/liv.rent\/","article_published_time":"2024-02-13T21:19:06+00:00","article_modified_time":"2024-08-08T20:58:14+00:00","og_image":[{"width":1620,"height":1080,"url":"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_GTA_2024_Feb-EN_Blog-1.jpg","type":"image\/jpeg"}],"author":"Greg Park","twitter_card":"summary_large_image","twitter_creator":"@liv_rent","twitter_site":"@liv_rent","twitter_misc":{"Written by":"Greg Park","Est. reading time":"9 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/liv.rent\/blog\/rent-reports\/february-2024-toronto-rent-report\/#article","isPartOf":{"@id":"https:\/\/liv.rent\/blog\/rent-reports\/february-2024-toronto-rent-report\/"},"author":{"name":"Greg Park","@id":"https:\/\/liv.rent\/blog\/#\/schema\/person\/06d5a70e14d7c8724842f55ecb819a06"},"headline":"February 2024 Toronto Rent Report","datePublished":"2024-02-13T21:19:06+00:00","dateModified":"2024-08-08T20:58:14+00:00","mainEntityOfPage":{"@id":"https:\/\/liv.rent\/blog\/rent-reports\/february-2024-toronto-rent-report\/"},"wordCount":1498,"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\/february-2024-toronto-rent-report\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/liv.rent\/blog\/rent-reports\/february-2024-toronto-rent-report\/","url":"https:\/\/liv.rent\/blog\/rent-reports\/february-2024-toronto-rent-report\/","name":"February 2024 Toronto Rent Report | liv.rent blog","isPartOf":{"@id":"https:\/\/liv.rent\/blog\/#website"},"datePublished":"2024-02-13T21:19:06+00:00","dateModified":"2024-08-08T20:58:14+00:00","description":"liv.rent's February 2024 Toronto Rent Report looks at rental data in the GTA, analyzing need-to-know statistics for renters & landlords.","breadcrumb":{"@id":"https:\/\/liv.rent\/blog\/rent-reports\/february-2024-toronto-rent-report\/#breadcrumb"},"inLanguage":"en-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/liv.rent\/blog\/rent-reports\/february-2024-toronto-rent-report\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/liv.rent\/blog\/rent-reports\/february-2024-toronto-rent-report\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/liv.rent\/blog\/"},{"@type":"ListItem","position":2,"name":"February 2024 Toronto Rent Report"}]},{"@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\/06d5a70e14d7c8724842f55ecb819a06","name":"Greg Park","image":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/liv.rent\/blog\/#\/schema\/person\/image\/","url":"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/02\/greg-park.jpg","contentUrl":"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/02\/greg-park.jpg","caption":"Greg Park"},"description":"Greg Park is a Creative Content Writer here at liv.rent who shares insights and news with our community of landlords and tenants.","sameAs":["http:\/\/gregpark.ca","linkedin.com\/in\/gregory-park604"],"url":"https:\/\/liv.rent\/blog\/author\/greg-park\/"}]}},"_links":{"self":[{"href":"https:\/\/liv.rent\/blog\/wp-json\/wp\/v2\/posts\/55399"}],"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\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/liv.rent\/blog\/wp-json\/wp\/v2\/comments?post=55399"}],"version-history":[{"count":9,"href":"https:\/\/liv.rent\/blog\/wp-json\/wp\/v2\/posts\/55399\/revisions"}],"predecessor-version":[{"id":60911,"href":"https:\/\/liv.rent\/blog\/wp-json\/wp\/v2\/posts\/55399\/revisions\/60911"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/liv.rent\/blog\/wp-json\/wp\/v2\/media\/55410"}],"wp:attachment":[{"href":"https:\/\/liv.rent\/blog\/wp-json\/wp\/v2\/media?parent=55399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/liv.rent\/blog\/wp-json\/wp\/v2\/categories?post=55399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/liv.rent\/blog\/wp-json\/wp\/v2\/tags?post=55399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}