{"id":62744,"date":"2025-03-10T16:53:15","date_gmt":"2025-03-10T23:53:15","guid":{"rendered":"https:\/\/liv.rent\/blog\/?p=62744"},"modified":"2025-03-10T16:53:31","modified_gmt":"2025-03-10T23:53:31","slug":"march-2025-toronto-rent-report","status":"publish","type":"post","link":"https:\/\/liv.rent\/blog\/rent-reports\/march-2025-toronto-rent-report\/","title":{"rendered":"March 2025 Toronto Rent Report"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">At a glance<\/h3>\n\n\n\n<ul>\n<li><strong>Average rental rates drop $140 YoY in Toronto<\/strong>\n<ul>\n<li>Compared to last month, the average rent price for an unfurnished one-bedroom unit in Toronto decreased by $23 this March. Looking at a year-over-year comparison, the average monthly rent for an unfurnished one-bedroom unit in Toronto has decreased, dropping by $140 since March 2024.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Etobicoke rises to most expensive per square foot <\/strong>\n<ul>\n<li>This March, <a href=\"https:\/\/liv.rent\/rental-listings\/city\/etobicoke\" target=\"_blank\" rel=\"noreferrer noopener\">Etobicoke<\/a> ($4.28\/sq. ft.) has the most expensive average rent per square foot, followed by <a href=\"https:\/\/liv.rent\/rental-listings\/city\/markham\" target=\"_blank\" rel=\"noreferrer noopener\">Markham<\/a> ($3.73\/sq. ft.) and <a href=\"https:\/\/liv.rent\/rental-listings\/city\/toronto\" target=\"_blank\" rel=\"noreferrer noopener\">Downtown<\/a> ($3.67\/sq. ft.). The cheapest areas per square foot this month were <a href=\"https:\/\/liv.rent\/rental-listings\/city\/brampton\">Brampton <\/a>($1.96\/sq. ft.) and Vaughan-Richmond Hill ($2.60\/sq. ft.).<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Average prices continue to drop for both furnished and unfurnished units in Toronto <\/strong>\n<ul>\n<li>Prices for unfurnished one-bedroom units saw a (-1.05%) decrease, while furnished units saw a (-3.43%) decrease. The average one-bedroom unfurnished unit rents for $36 more than a one-bedroom furnished unit. Average rental prices for a one-bedroom unfurnished unit have fallen $66 in the last six months. <\/li>\n<\/ul>\n<\/li>\n<\/ul>\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<p class=\"wp-block-paragraph has-text-color\" style=\"color:#fe5f55; border: 2px solid #fe5f55; padding: 10px; display: inline-block;\">\r\n    <em>liv.rent&#8217;s <strong>2025 Canada Rental Market Trend Report<\/strong> is now live! Explore the latest rental trends across Canada, uncover key factors driving price changes, and gain exclusive insights into how landlords and renters perceive the market nationwide. \r\n    Download your copy&nbsp;<a href=\"https:\/\/liv.rent\/blog\/rent-reports\/2025-canada-rental-market-trend-report\/\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/em>\r\n<\/p>\r\n<br>\r\n<br>\n\n\n\n<p>As of March 2025, the City of Toronto\u2019s average monthly rent price for an unfurnished one-bedroom saw a YoY drop of $140 to a new monthly average of $2,133 this month.<\/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<h2 class=\"wp-block-heading\" id=\"rent-trends\"><br>Toronto rent trends<\/h2>\n\n\n\n<p>Compared to last month, the average rent price for an unfurnished one-bedroom unit in Toronto decreased by $23 this March. Looking at a year-over-year comparison, the average monthly rent for an unfurnished one-bedroom unit in Toronto has decreased, dropping by $140 since March 2024.<\/p>\n\n\n\n<p><strong><em>Planning on raising rent this year? Ontario&#8217;s Annual allowable rent increase limit for 2025\/2026 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\/2025\/03\/RentReport_GTA_2025_March_EN_Blog-4-1024x717.png\" alt=\"rental trends for unfurnished one-bedroom units in the Greater Toronto Area via the March 2025\n liv rent report\" class=\"wp-image-62752\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2025\/03\/RentReport_GTA_2025_March_EN_Blog-4-980x686.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2025\/03\/RentReport_GTA_2025_March_EN_Blog-4-480x336.png 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 February and March 2025.<\/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\/2025\/03\/RentReport_GTA_2025_March_EN_Blog-8-1-862x1024.png\" alt=\"percentage change in rental prices for different cities and municipalities in the Greater Toronto Area, via the March 2025 liv rent report\" class=\"wp-image-62776\"\/><\/figure>\n\n\n\n<br><h3 style=\"color: #fe5f55\">Unfurnished Toronto rent trends<\/h3>\n\n\n\n<p>Rates for unfurnished one-bedroom units in the GTA varied depending on the neighbourhood. When looking at one-bedroom units, Vaughan-Richmond Hill saw the largest increase at (+1.92%), while <a href=\"https:\/\/liv.rent\/rental-listings\/city\/brampton\" target=\"_blank\" rel=\"noreferrer noopener\">Brampton<\/a> saw the largest decrease at (-8.00%).<\/p>\n\n\n\n<br><h3 style=\"color: #fe5f55\">Furnished Toronto rent trends<\/h3>\n\n\n\n<p>This month, average rates for furnished one-bedroom units in the GTA saw two major changes. <a href=\"https:\/\/liv.rent\/rental-listings\/city\/markham\" target=\"_blank\" rel=\"noreferrer noopener\">Markham<\/a> saw the largest increase at (+4.43%), while <a href=\"https:\/\/liv.rent\/rental-listings\/city\/etobicoke\" target=\"_blank\" rel=\"noreferrer noopener\">Etobicoke<\/a> saw the largest decrease at (-4.12%).<\/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 March, prices for unfurnished one-bedroom units saw a (-1.05%) decrease while furnished units saw a (-3.43%) decrease. The average one-bedroom unfurnished unit rents for $36 more than a one-bedroom furnished unit. This means that at present, landlords won&#8217;t see profits renting out their units furnished \u2013 although they may still be able to capitalize on the 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\/2025\/03\/RentReport_GTA_2025_March_EN_Blog-2-1024x683.png\" alt=\"average rent for furnished vs unfurnished units in the Greater Toronto Area for the March 2025 liv rent report\" class=\"wp-image-62754\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2025\/03\/RentReport_GTA_2025_March_EN_Blog-2-980x653.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2025\/03\/RentReport_GTA_2025_March_EN_Blog-2-480x320.png 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 cities throughout the Greater Toronto Area. This March, <a href=\"https:\/\/liv.rent\/rental-listings\/city\/etobicoke\" target=\"_blank\" rel=\"noreferrer noopener\">Etobicoke<\/a> ($4.28\/sq. ft.) has the most expensive average rent per square foot, followed by <a href=\"https:\/\/liv.rent\/rental-listings\/city\/markham\" target=\"_blank\" rel=\"noreferrer noopener\">Markham<\/a> ($3.73\/sq. ft.) and <a href=\"https:\/\/liv.rent\/rental-listings\/city\/toronto\" target=\"_blank\" rel=\"noreferrer noopener\">Downtown<\/a> ($3.67\/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\/2025\/03\/RentReport_GTA_2025_March_EN_Blog-5-1024x690.png\" alt=\"average rent per square foot broken down by city for the March 2025 liv rent Toronto Rent Report\" class=\"wp-image-62751\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2025\/03\/RentReport_GTA_2025_March_EN_Blog-5-980x660.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2025\/03\/RentReport_GTA_2025_March_EN_Blog-5-480x323.png 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 look at detailed statistics for currently active listings available 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 March 2025, the most common rental property type in the Greater Toronto Area was apartments, representing the majority of all listings in the GTA at 79.31%. Houses were the second-most common unit type this month, representing 9.52% 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\/2025\/03\/RentReport_GTA_2025_March_EN_Blog-11-1024x439.png\" alt=\"number of active listings by property type for the March 2025 liv rent report\" class=\"wp-image-62745\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2025\/03\/RentReport_GTA_2025_March_EN_Blog-11-980x420.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2025\/03\/RentReport_GTA_2025_March_EN_Blog-11-480x206.png 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 more even spread across active listings on the market this March. One-bedroom units were the most common type of listing in the GTA this month at 49.56%, while two-bedroom units represented 37.28% of the region&#8217;s active listings. Three-bedroom units make up the remaining 13.16%.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"390\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2025\/03\/RentReport_GTA_2025_March_EN_Blog-10-1024x390.png\" alt=\"number of active listings by number of bedrooms for the March 2025 liv rent report\" class=\"wp-image-62746\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2025\/03\/RentReport_GTA_2025_March_EN_Blog-10-980x373.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2025\/03\/RentReport_GTA_2025_March_EN_Blog-10-480x183.png 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<p><strong><em>Looking for our full <\/em><\/strong>March <strong><em>2025 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<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/landlords.liv.rent\/screening\/\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"1024\" height=\"278\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/08\/2024-08-06-MRR-TrustScore-min-1024x278.jpg\" alt=\"Banner image Trust score\" class=\"wp-image-60833\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/08\/2024-08-06-MRR-TrustScore-min-980x266.jpg 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/08\/2024-08-06-MRR-TrustScore-min-480x130.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/a><\/figure>\n\n\n\n<br><h2 id=\"city-breakdown\">City breakdown<\/h2>\n\n\n\n<p>This March, 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 Markham 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 $1,770, while in Markham the same type of unit rents for an average of $2,274 \u2013 a difference of $504 between the two.<\/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\/2025\/03\/RentReport_GTA_2025_March_EN_Blog-3-2-1024x674.png\" alt=\"highest and lowest rent in the GTA by neighbourhood via the March 2025 liv rent report\" class=\"wp-image-62780\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2025\/03\/RentReport_GTA_2025_March_EN_Blog-3-2-980x645.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2025\/03\/RentReport_GTA_2025_March_EN_Blog-3-2-480x316.png 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>Vaughan-Richmond Hill saw prices increase for all types of unfurnished units this month <\/li>\n\n\n\n<li>Etobicoke was the only area to see prices fall for one-bedroom furnished units this March.<\/li>\n\n\n\n<li>Brampton had the lowest average rental prices for all types of unfurnished units as well as one- and two-bedroom furnished units. <\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"684\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2025\/03\/RentReport_GTA_2025_March_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 March 2025 liv rent report\" class=\"wp-image-62749\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2025\/03\/RentReport_GTA_2025_March_EN_Blog-7-980x655.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2025\/03\/RentReport_GTA_2025_March_EN_Blog-7-480x321.png 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=\"684\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2025\/03\/RentReport_GTA_2025_March_EN_Blog-6-1024x684.png\" alt=\"average rent for furnished one, two and three bedroom units in the Greater Toronto Area - broken down by city\/municipality for the March 2025 liv rent report\" class=\"wp-image-62750\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2025\/03\/RentReport_GTA_2025_March_EN_Blog-6-980x655.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2025\/03\/RentReport_GTA_2025_March_EN_Blog-6-480x321.png 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 looked at data from cities and municipalities in other regions within and surrounding the GTA. Looking at these additional cities, London is the least expensive to rent in this March for one-bedroom unfurnished units. Markham is the most expensive for one-bedroom unfurnished units.<\/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\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"here (opens in a new tab)\">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\/2025\/03\/RentReport_GTA_2025_March_EN_Blog-9-977x1024.png\" alt=\"average rent by municipality or city outside of the Greater Toronto Area via the March 2025 liv rent report\" class=\"wp-image-62747\"\/><\/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=\"Most-Expensive-Cities-in-Canada\">Most expensive cities in Canada<\/h2>\n\n\n\n<p>This Markham, one of the country&#8217;s five most expensive cities, is located in the GTA. <a href=\"https:\/\/liv.rent\/rental-listings\/city\/west-vancouver\/\" target=\"_blank\" rel=\"noreferrer noopener\">West Vancouver<\/a> is the most expensive city in the country to rent in, followed by <a href=\"https:\/\/liv.rent\/rental-listings\/city\/north-vancouver\/\" target=\"_blank\" rel=\"noreferrer noopener\">North Vancouver<\/a>, <a href=\"https:\/\/liv.rent\/rental-listings\/city\/vancouver\/\" target=\"_blank\" rel=\"noreferrer noopener\">Vancouver<\/a>, <a href=\"https:\/\/liv.rent\/rental-listings\/city\/vrichmond\" target=\"_blank\" rel=\"noreferrer noopener\">Richmond<\/a> and <a href=\"https:\/\/liv.rent\/rental-listings\/city\/markham\" target=\"_blank\" rel=\"noreferrer noopener\">Markham<\/a>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"491\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2025\/03\/RentReport_Vancouver_2025_March-EN_Blog-5-1024x491.jpg\" alt=\"most expensive cities to rent in Canada via the March 2025 liv rent report\" class=\"wp-image-62732\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2025\/03\/RentReport_Vancouver_2025_March-EN_Blog-5-980x469.jpg 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2025\/03\/RentReport_Vancouver_2025_March-EN_Blog-5-480x230.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<h2 class=\"wp-block-heading\">Downloadable resources<\/h2>\n\n\n\n<p>Our complete March 2025 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>\r\n<style>\r\n.button-rethink-way-you-rent-monthly-report {\r\n  background-color: #7495AC;\r\n  border: 5px #26425C;\r\n  color: white;\r\n  padding: 10px 30px;\r\n  text-align: center;\r\n  text-decoration: none;\r\n  display: inline-block;\r\n  font-size: 15px;\r\n  margin: 5px 0px 20px 0px;\r\n}\r\n<\/style>\r\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;\">\r\n\r\n<h2 style=\"color: #3E5B77;\">Rethink The Way You Rent<\/h2>\r\n\r\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>\r\n\r\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>\r\n\r\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>\r\n\r\n<a href=\"https:\/\/liv.rent\/blog\/rent-reports\/may-2024-metro-vancouver-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">May 2024 Metro Vancouver Rent Report<\/a><br>\r\n\r\n<a href=\"https:\/\/liv.rent\/blog\/rent-reports\/may-2024-toronto-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">May 2024 Toronto Rent Report<\/a><br>\r\n\r\n<a href=\"https:\/\/liv.rent\/blog\/rent-reports\/may-2024-calgary-edmonton-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">May 2024 Calgary &amp; Edmonton Rent Report<\/a>\r\n\r\n<br>\r\n<a href=\"https:\/\/liv.rent\/blog\/rent-reports\/may-2024-montreal-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">May 2024 Montreal Rent Report<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>At a glance liv.rent&#8217;s 2025 Canada Rental Market Trend Report is now live! Explore the latest rental trends across Canada, uncover key factors driving price changes, and gain exclusive insights into how landlords and renters perceive the market nationwide. Download your copy&nbsp;here. As of March 2025, the City of Toronto\u2019s average monthly rent price for [&hellip;]<\/p>\n","protected":false},"author":42,"featured_media":62755,"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":[621,292,450],"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>March 2025 Toronto Rent Report | liv.rent blog<\/title>\n<meta name=\"description\" content=\"liv.rent&#039;s March 2025 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\" 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