{"id":66600,"date":"2026-03-27T16:56:30","date_gmt":"2026-03-27T23:56:30","guid":{"rendered":"https:\/\/liv.rent\/blog\/?p=66600"},"modified":"2026-02-11T13:02:51","modified_gmt":"2026-02-11T21:02:51","slug":"february-2026-ontario-rent-report","status":"publish","type":"post","link":"https:\/\/liv.rent\/blog\/rent-reports\/february-2026-ontario-rent-report\/","title":{"rendered":"February 2026 Ontario Rent Report"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">At a glance<\/h3>\n\n\n\n<ul>\n<li><strong>Ontario One-Bedroom Rents Rise Month-over-Month<\/strong>\n<ul>\n<li>One-bedroom unfurnished rents increased by 1.99% month-over-month in February 2026. The biggest increases were in Etobicoke (+3.8%), Markham (+3.7%), North York (+3.6%), and Vaughan\/Richmond Hill (+3.1%). Scarborough remained essentially flat (-0.1%), while Downtown Toronto saw a slight increase of +0.2%.<br><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Toronto One-Bedroom Rentals: Unfurnished Stable, Furnished Down in February 2026<\/strong>\n<ul>\n<li>Month-over-month, one-bedroom unfurnished rents were stable (-0.08%), while furnished units saw a sharper decline (-2.96%). Markham remains the most expensive for unfurnished units at $2,175\/month (+$77), while Oshawa is the most affordable at $1,698\/month (+$38).<br><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Markham Overtakes Oakville in February as the Most Expensive One-Bedroom Market<\/strong>\n<ul>\n<li>Markham moved up from #3 to #1 this month, becoming the most expensive one-bedroom market. Oakville remains strong at #2, despite a slight easing. Burlington slipped from #2 to #3, and Downtown Toronto dropped from #4 to #5. Etobicoke entered the top five rankings this month.<br><\/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;\">\n    <em>We\u2019re expanding the scope of our rent report! Starting this month, our Toronto Rent Report is now the Ontario Rent Report. We\u2019ve begun adding more cities\u2014beginning with Ottawa.<\/em>\n<\/p>\n<br>\n<br>\n\n\n\n<p>On December 10th 2025, the <a href=\"https:\/\/liv.rent\/blog\/landlords\/interest-rates-and-rental-properties\/\" target=\"_blank\" rel=\"noreferrer noopener\">Bank of Canada<\/a> announced that the <a href=\"https:\/\/www.cbc.ca\/news\/business\/bank-of-canada-dec-10-interest-rate-decision-9.7010035\" target=\"_blank\" rel=\"noreferrer noopener\">interest rate would stay at 2.25%<\/a>, closing out last year on a low trend. Experts predict the rate to hover around the same amount for 2026.<br><br>As of February 2026, the City of Toronto\u2019s average monthly rent price for an unfurnished one-bedroom saw a YoY drop of $165 to a new monthly average of $1,991\/month this month. 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.<br><\/p>\n\n\n\n<br><h2 id=\"month-to-month\">Ontario 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 $2 this February to $1,991\/month. The average rent for a furnished one-bedroom decreased by $61 since last month, bringing the rate to $1,993\/month. <\/p>\n\n\n\n<p><strong><em>Planning on raising rent this year? Ontario&#8217;s Annual allowable rent increase limit for 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\/2026\/02\/RentReport_GTA_2026_Feb_ENG_Blog-4-1024x717.png\" alt=\"\" class=\"wp-image-66666\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2026\/02\/RentReport_GTA_2026_Feb_ENG_Blog-4-980x686.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2026\/02\/RentReport_GTA_2026_Feb_ENG_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<p class=\"wp-block-paragraph has-text-color\" style=\"color:#fe5f55; border: 2px solid #fe5f55; padding: 10px; display: inline-block;\">\n    <em>liv.rent&#8217;s <strong>2026 Canada Rental Market Trends Report is launching soon, highlighting the key shifts shaping rental markets nationwide.<\/em>\n<\/p>\n<br>\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 and February 2026.<\/p>\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 this month. <a href=\"https:\/\/liv.rent\/rental-listings\/city\/etobicoke\" target=\"_blank\" rel=\"noreferrer noopener\">Etobicoke<\/a> (3.80%), <a href=\"https:\/\/liv.rent\/rental-listings\/city\/markham\" target=\"_blank\" rel=\"noreferrer noopener\">Markham<\/a> (3.67%), and <a href=\"https:\/\/liv.rent\/rental-listings\/city\/north-york\" target=\"_blank\" rel=\"noreferrer noopener\">North York<\/a> (3.62%) increased, while no significant decreases were recorded. <\/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 some notable changes. <a href=\"https:\/\/liv.rent\/rental-listings\/city\/vaughan\" target=\"_blank\" rel=\"noreferrer noopener\">Vaughan-Richmond Hill<\/a> (-4.20%), <a href=\"https:\/\/liv.rent\/rental-listings\/city\/markham\" target=\"_blank\" rel=\"noreferrer noopener\">Markham<\/a> (-2.84%) and <a href=\"https:\/\/liv.rent\/rental-listings\/city\/north-york\" target=\"_blank\" rel=\"noreferrer noopener\">North York<\/a> (-2.81%) saw notable decreases, while <a href=\"https:\/\/liv.rent\/rental-listings\/city\/etobicoke\" target=\"_blank\" rel=\"noreferrer noopener\">Etobicoke<\/a> (3.89%) and <a href=\"https:\/\/liv.rent\/rental-listings\/city\/brampton\" target=\"_blank\" rel=\"noreferrer noopener\">Brampton<\/a> (3.41%) saw the largest increases.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"774\" height=\"1024\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2026\/02\/RentReport_GTA_2026_Feb_ENG_Blog-8-774x1024.png\" alt=\"\" class=\"wp-image-66668\"\/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<div style=\"border: 2px solid lightcoral; text-align: center; margin: 30px 0; padding: 20px; color: #BD8D7C;\">\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 unfurnished one-bedroom units saw a decrease (-0.08%) to $1,991\/month while furnished units decreased (-2.96%) to $1,993\/month. The average furnished one-bedroom unit rents for just $2 more than a one-bedroom unfurnished unit.<\/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\/2026\/02\/RentReport_GTA_2026_Feb_ENG_Blog-2-1024x683.png\" alt=\"\" class=\"wp-image-66673\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2026\/02\/RentReport_GTA_2026_Feb_ENG_Blog-2-980x653.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2026\/02\/RentReport_GTA_2026_Feb_ENG_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 February, <a href=\"https:\/\/liv.rent\/rental-listings\/city\/toronto\" target=\"_blank\" rel=\"noreferrer noopener\">Downtown<\/a> ($3.96\/sq. ft.) had the highest rent per square foot, followed by <a href=\"https:\/\/liv.rent\/rental-listings\/city\/scarborough\" target=\"_blank\" rel=\"noreferrer noopener\">Scarborough<\/a> ($3.48\/sq. ft.). At the other end of the spectrum, <a href=\"https:\/\/liv.rent\/rental-listings\/city\/brampton\" target=\"_blank\" rel=\"noreferrer noopener\">Brampton<\/a> has the lowest rent per square foot ($1.47\/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\/2026\/02\/RentReport_GTA_2026_Feb_EN_Blog-5-1024x690.png\" alt=\"\" class=\"wp-image-66711\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2026\/02\/RentReport_GTA_2026_Feb_EN_Blog-5-980x660.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2026\/02\/RentReport_GTA_2026_Feb_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 February 2026, the most common rental property type was apartments, representing the majority of all listings in the GTA at 89.61%. Partial houses were the second most common unit type this month, representing 5.53% of active listings, followed by houses at 3.15% and townhouses at 1.72%.<\/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\/2026\/02\/RentReport_GTA_2026_Feb_ENG_Blog-11-1024x439.png\" alt=\"\" class=\"wp-image-66713\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2026\/02\/RentReport_GTA_2026_Feb_ENG_Blog-11-980x420.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2026\/02\/RentReport_GTA_2026_Feb_ENG_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 varied 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 44.71%, while two-bedroom units represented 40.38% of the region&#8217;s active listings. Three-bedroom units made up the remaining 14.90%.<\/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\/2026\/02\/RentReport_GTA_2026_Feb_ENG_Blog-10-1024x390.png\" alt=\"\" class=\"wp-image-66714\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2026\/02\/RentReport_GTA_2026_Feb_ENG_Blog-10-980x373.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2026\/02\/RentReport_GTA_2026_Feb_ENG_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><em><strong>Looking for our full February 2026 Toronto Rent Report? Download your copy <a href=\"#Downloadable_resources\">here<\/a> to get all the latest insights, including a detailed breakdown by neighbourhood.<\/strong><\/em><\/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 February, <a href=\"https:\/\/liv.rent\/rental-listings\/city\/oshawa\" target=\"_blank\" rel=\"noreferrer noopener\">Oshawa<\/a> 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\/oshawa\" target=\"_blank\" rel=\"noreferrer noopener\">Markham<\/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 unfurnished one-bedroom unit in <a href=\"https:\/\/liv.rent\/rental-listings\/city\/oshawa\" target=\"_blank\" rel=\"noreferrer noopener\">Markham<\/a> currently stands at $2,175\/month, while in <a href=\"https:\/\/liv.rent\/rental-listings\/city\/oshawa\">Oshawa<\/a> the same type of unit rents for an average of $1,660\/month \u2013 a difference of $515 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\/2026\/02\/RentReport_GTA_2026_Feb_ENG_Blog-3-1024x674.png\" alt=\"\" class=\"wp-image-66716\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2026\/02\/RentReport_GTA_2026_Feb_ENG_Blog-3-980x645.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2026\/02\/RentReport_GTA_2026_Feb_ENG_Blog-3-480x316.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>With Ontario&#8217;s different communities being 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 unfurnished and furnished.<\/p>\n\n\n\n<ul>\n<li>All prices for unfurnished one-bedrooms increased except in Scarborough.<\/li>\n\n\n\n<li>All furnished two-bedroom units decreased except for Mississauga, Ottawa, and Vaughan-Richmond Hill.<\/li>\n\n\n\n<li>All unfurnished two-bedroom units decreased in rental price across neighbourhoods except for Etobicoke, Brampton, and Markham. <\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"741\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2026\/02\/RentReport_GTA_2026_Feb_ENG_Blog-7-1024x741.png\" alt=\"\" class=\"wp-image-66718\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2026\/02\/RentReport_GTA_2026_Feb_ENG_Blog-7-980x709.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2026\/02\/RentReport_GTA_2026_Feb_ENG_Blog-7-480x347.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=\"741\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2026\/02\/RentReport_GTA_2026_Feb_ENG_Blog-6-1024x741.png\" alt=\"\" class=\"wp-image-66719\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2026\/02\/RentReport_GTA_2026_Feb_ENG_Blog-6-980x709.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2026\/02\/RentReport_GTA_2026_Feb_ENG_Blog-6-480x347.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 February for one-bedroom unfurnished units at $1,555\/month. Markham is the most expensive for unfurnished one-bedroom units at $2,175\/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\" 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=\"928\" height=\"1024\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2026\/02\/RentReport_GTA_2026_Feb_ENG_Blog-9-928x1024.png\" alt=\"\" class=\"wp-image-66722\"\/><\/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 February, three of the country&#8217;s most expensive cities are located in Metro Vancouver. <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\/markham\" target=\"_blank\" rel=\"noreferrer noopener\">Markham<\/a> and <a href=\"https:\/\/liv.rent\/rental-listings\/city\/burlington\" target=\"_blank\" rel=\"noreferrer noopener\">Burlington<\/a> rounded out the list. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"490\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2026\/02\/RentReport_Ontario_2026_Feb_-1024x490.jpg\" alt=\"\" class=\"wp-image-66818\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2026\/02\/RentReport_Ontario_2026_Feb_-980x469.jpg 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2026\/02\/RentReport_Ontario_2026_Feb_-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 February 2026 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: #3E5B77;\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  cursor: pointer;\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:\/\/liv.rent\/download\" target=\"_blank\" rel=\"noopener noreferrer\">download the app<\/a><\/strong>.<\/p>\n\n<a href=\"https:\/\/liv.rent\/\" target=\"_blank\" rel=\"noopener noreferrer\"><button id=\"button-rethink-way-you-rent-monthly-report\" 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 monthly updates on Canada&#8217;s major rental markets. Discover last month&#8217;s Rent Reports below:<\/p>\n<p><a href=\"https:\/\/liv.rent\/blog\/rent-reports\/vancouver\/\" target=\"_blank\" rel=\"noopener noreferrer\">Vancouver Rent Report<\/a><br>\n<a href=\"https:\/\/liv.rent\/blog\/rent-reports\/ontario-rent-reports\/\" target=\"_blank\" rel=\"noopener noreferrer\">Ontario Rent Report<\/a>\n<br>\n<a href=\"https:\/\/liv.rent\/blog\/rent-reports\/montreal\/\" target=\"_blank\" rel=\"noopener noreferrer\">Montreal Rent Report<\/a>\n<br>\n<a href=\"https:\/\/liv.rent\/blog\/rent-reports\/alberta\/\" target=\"_blank\" rel=\"noopener noreferrer\">Calgary and Edmonton Rent Report<\/a>\n<\/p>\n<br>\n","protected":false},"excerpt":{"rendered":"<p>At a glance We\u2019re expanding the scope of our rent report! Starting this month, our Toronto Rent Report is now the Ontario Rent Report. We\u2019ve begun adding more cities\u2014beginning with Ottawa. On December 10th 2025, the Bank of Canada announced that the interest rate would stay at 2.25%, closing out last year on a low [&hellip;]<\/p>\n","protected":false},"author":46,"featured_media":66749,"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":[966,292],"tags":[935,399],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>February 2026 Ontario Rent Report | liv.rent blog<\/title>\n<meta name=\"description\" content=\"liv.rent&#039;s Ontario 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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