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City in Ontario

Condos for rent in North York

Name: HOMEH Market Pulse — North York closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

There are 735 condos and apartments for rent in North York today, with a median rent of $2,500/mo. 201 are 1-bedroom condos for rent. The most active neighbourhoods are Willowdale East, Bayview Village and Banbury-Don Mills.

urban family-friendly diverse

683,511 people lived in North York at the 2021 Census, in 264,285 households. 53% of households owned their home and 47% rented. The most common homes were apartments in buildings of five or more storeys (49%) and single-detached houses (24%). 56% of homes were built before 1981, and 12% since 2011. 65% of commuters went to work by car and 27% by public transit.

Population of 672,955 87 walkability score

North York, Ontario

North York Condo Rentals

Day to dayLivability

Walkability

out of 100 · averaged over 25 past and present listings

Average walk score reported on listings here

Schools near listings

out of 10 · averaged over 25 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$849,000

18% above Ontario

In North York

$849,000

In Ontario

$716,900

Median monthly rent

$2,500/mo

On par with Ontario

In North York

$2,500

In Ontario

$2,499

$1,027

Per square foot

≈ 28.3 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

2,495

Median $849,000

Condos 1,352 · Houses 1,139

For rent

1,581

Median $2,500

Condos 871 · Houses 709

Recently sold

Recently leased

Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Strong walkability for easy access to amenities
Abundant parks for outdoor activities
Diverse community with a rich culture
Good public transit options

Keep in mind

Median home prices above provincial average
Higher rental prices compared to the province

The feel of the placeLifestyle

Daily life in North York is active, with plenty of parks and transit options for commuting. Residents enjoy a blend of city and suburban living.

Great for families commuters first-time buyers

Within the boundaryWhat's nearby

The boundary

175.6 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

418

Parks

572

Playgrounds

105

Transit stations

102

Grocery stores

567

Restaurants

231

Cafés

Gyms

Libraries

135

Pharmacies

Counted across all 175.6 km² of North York. From OpenStreetMap, as of 2026-10-19.

The schoolsWhich schools, and how they rate

6.2/10

Average rating of the 94 rated schools in this area

264

Elementary

Secondary

Avondale Alternative Elementary School
Public · Grades JK–8 · Toronto DSB
10.0/1010.0 over 5 yrs
1st of 3,045 Ontario elementary schools
135 students · EQAO 2024-2025
Northmount
Independent · TO Private Non-Inspected
10.0/109.8 over 5 yrs
1st of 3,045 Ontario elementary schools
18 students
École élémentaire Mathieu-da-Costa
Public · French · Grades JK–6 · Conseil scolaire Viamonde
9.9/105.6 over 5 yrs
23rd of 3,045 Ontario elementary schools
160 students · EQAO 2024-2025
Cardinal Carter Academy for the Arts
Catholic · Grades 9–12 · Toronto CDSB
9.3/109.0 over 5 yrs
8th of 742 Ontario secondary schools
665 students · EQAO 2024-2025
York Mills Collegiate Institute
Public · Grades 9–12 · Toronto DSB
9.0/10
18th of 742 Ontario secondary schools
1,295 students · EQAO 2024-2025
École élémentaire Paul-Demers
Public · French · Grades JK–6 · Conseil scolaire Viamonde
9.0/10
91st of 3,045 Ontario elementary schools
170 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside North York, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

683,511

Population (2021)

176.0 km²

Area

3,885

People per km²

Median age

$92,601

Median income

53%

Own their home

2.7

People per household

264,285

Households

Every age

Children (under 15)14.4%
Working age (15–64)67.3%
Seniors (65+)18.2%

What is built here

Detached houses23.9%
Semi-detached6.9%
Townhouses6.3%
Duplexes2.9%
Low-rise apartments11.2%
High-rise apartments48.7%

Own or rent

53%Owners

47%Renters

Across 264,285 households

When it was built

Mostly 1961–1980

1960 or earlier19%
1961–198037%
1981–199010%
1991–20009%
2001–20056%
2006–20106%
2011–20156%
2016–20216%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

55%
Born outside Canada: 38.9%
Hold a degree or higher: 51.9%
Employment rate: 27.2%
Commute by transit: 65.4%
Commute by car: 1.7
Children per family: $80,732
Median income after tax: $120,828
Average household income: 14.2%
Living on a low income: $1,570/mo
Renters pay, per month: $1,609/mo
Owners pay, per month: $1,107,552
Median home value at census: 33.9%
Renters spending 30%+ of income on housing: 25.5%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 861 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

HOMEH Market Pulse Condo apartments only Through September 2026 Deep sales history

What Condos Rent For in North York

10,096 condos were leased in North York over the 12 months to September 2026. Half leased above $2,405 and half below, 4.6% lower than the 12 months before. A typical condo found its tenant in 22 days.

Median rent: $2,405; -4.6% year over year
Days to lease: 22; 1 day slower
Leases closed: 10,096; last 12 months
Rent per square foot: $3.57/mo; from 9,045 sized leases

Three years of rents

The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one condo here differs from the next.

$3,286$2,870$2,455$2,039

Oct ’23Oct ’24Sep ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$3,000/mo

on a $3,000 asking rent — right at the asking rent

−10%Asking rent+10%

Of the asking rent: 100.0%
Leased over asking: 6.5%

From 10,096 leases that closed here in the last 12 months.

Rent or buy in North York

18.7 years

of rent, at the going rate here, adds up to what a condo here costs.

Median sold price

$541,041

2,365 sales

Median rent

$2,405/mo

10,096 leases

Gross rental yield

5.33%

before costs

Both figures come from deals that actually closed in North York over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

How fast it moves

Median days on market, month by month. Taller means slower.

Oct 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — North York, rentals

Monthly closed leases in North York
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	752	$2,400	$2,200 – $2,750	19	100.0%
Aug 2026	1,034	$2,450	$2,250 – $2,850	18	100.0%
Jul 2026	1,151	$2,400	$2,200 – $2,800	22	100.0%
Jun 2026	1,097	$2,400	$2,190 – $2,800	20	100.0%
May 2026	968	$2,400	$2,150 – $2,700	19	100.0%
Apr 2026	973	$2,350	$2,150 – $2,700	23	100.0%
Mar 2026	919	$2,380	$2,150 – $2,700	24	100.0%
Feb 2026	667	$2,350	$2,125 – $2,700	24	100.0%
Jan 2026	630	$2,400	$2,150 – $2,798	29	100.0%
Dec 2025	584	$2,400	$2,200 – $2,700	27	100.0%
Nov 2025	602	$2,450	$2,250 – $2,800	22	100.0%
Oct 2025	719	$2,500	$2,300 – $2,890	21	100.0%
Sep 2025	765	$2,500	$2,300 – $2,900	22	100.0%
Aug 2025	975	$2,500	$2,300 – $2,950	18	100.0%
Jul 2025	996	$2,500	$2,300 – $2,950	20	100.0%
Jun 2025	798	$2,500	$2,300 – $2,938	20	100.0%
May 2025	797	$2,500	$2,300 – $2,900	21	100.0%
Apr 2025	800	$2,550	$2,300 – $2,900	21	100.0%
Mar 2025	733	$2,500	$2,300 – $2,900	21	100.0%
Feb 2025	523	$2,500	$2,300 – $2,850	22	100.0%
Jan 2025	542	$2,550	$2,375 – $2,858	26	100.0%
Dec 2024	470	$2,500	$2,308 – $2,900	22	100.0%
Nov 2024	579	$2,600	$2,400 – $2,950	21	100.0%
Oct 2024	592	$2,600	$2,400 – $3,000	21	100.0%
Sep 2024	789	$2,650	$2,450 – $3,050	22	100.0%
Aug 2024	1,288	$2,650	$2,450 – $3,100	27	100.0%
Jul 2024	1,086	$2,650	$2,450 – $3,100	29	100.0%
Jun 2024	807	$2,590	$2,400 – $2,950	35	100.0%
May 2024	669	$2,600	$2,400 – $3,000	34	100.0%
Apr 2024	611	$2,600	$2,400 – $3,000	35	100.0%
Mar 2024	407	$2,600	$2,400 – $3,000	31	100.0%
Feb 2024	246	$2,650	$2,450 – $3,100	27	100.0%
Jan 2024	248	$2,650	$2,450 – $2,950	20	100.0%
Dec 2023	215	$2,650	$2,450 – $3,000	18	100.0%
Nov 2023	308	$2,750	$2,550 – $3,200	13	100.0%
Oct 2023	299	$2,750	$2,600 – $3,200	10	100.0%

What people ask about North York

How much is rent for a condo in North York?

The median condo lease in North York closed at $2,405 a month over the 12 months to September 2026, across 10,096 leases.

Compiled by HOMEH from leases reported closed in North York on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one condo. Not an appraisal or an opinion of value.

Questions, answered

Common questions about condos for rent in North York

How much is a condo to rent in North York?

The median rent of the 735 condos for rent in North York is $2,500/mo. By size, the median is $2,200/mo for 1 bedroom and $2,600/mo for 2 bedrooms.

All rentals in North York

Are there furnished condos for rent in North York?

Yes. 67 of the 735 condos for rent in North York are listed furnished and 23 partly furnished.

All rentals in North York

Keep looking

More Rentals in North York

1,581 homes are for rent in North York. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.