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City in Ontario

Condos for rent in Scarborough

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

There are 306 condos and apartments for rent in Scarborough today, with a median rent of $2,450/mo (+4% vs. all rentals in Scarborough). 60 are 1-bedroom condos for rent. The most active neighbourhoods are Agincourt South-Malvern West, Bendale and Woburn.

diverse family-friendly suburban

630,145 people lived in Scarborough at the 2021 Census, in 218,980 households. 64% of households owned their home and 36% rented. The most common homes were single-detached houses (37%) and apartments in buildings of five or more storeys (35%). 59% of homes were built before 1981, and 5% since 2011. 70% of commuters went to work by car and 25% by public transit.

Population of over 630,000 residents Diverse community with various cultures Good schools with a score of 5.8

Scarborough, Ontario

Scarborough Condo Rentals

Day to dayLivability

Walkability

out of 100 · averaged over 14 past and present listings

Average walk score reported on listings here

5.8

Schools near listings

out of 10 · averaged over 14 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

$738,900

3% above Ontario

In Scarborough

$738,900

In Ontario

$716,900

Median monthly rent

$2,350/mo

6% below Ontario

In Scarborough

$2,350

In Ontario

$2,499

$643

Per square foot

≈ 26.2 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

1,517

Median $738,900

Houses 772 · Condos 745

For rent

1,130

Median $2,350

Houses 716 · Condos 409

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

Affordable median sale price compared to the province
Variety of housing types available
Strong community feel with diverse cultures
Good access to schools and educational facilities

Keep in mind

Walkability score of 35 indicates limited pedestrian access
Median rent is slightly below provincial average
Population density may feel crowded in some areas

The feel of the placeLifestyle

Daily life in Scarborough offers a mix of suburban comfort and community activities. Residents enjoy access to parks, schools, and shopping.

Great for first-time buyers families renters

Within the boundaryWhat's nearby

The boundary

192.4 km²

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

321

Parks

471

Playgrounds

Transit stations

Grocery stores

416

Restaurants

166

Cafés

Gyms

Libraries

121

Pharmacies

Counted across all 192.4 km² of Scarborough. From OpenStreetMap, as of 2026-10-19.

The schoolsWhich schools, and how they rate

6.1/10

Average rating of the 187 rated schools in this area

230

Elementary

Secondary

Sathya Sai
Independent · TO Private Non-Inspected
10.0/10
1st of 3,045 Ontario elementary schools
24 students
St Sylvester Catholic School
Catholic · Grades JK–8 · Toronto CDSB
9.6/10
35th of 3,045 Ontario elementary schools
140 students · EQAO 2024-2025
Iroquois Junior Public School
Public · Grades JK–6 · Toronto DSB
9.4/108.7 over 5 yrs
48th of 3,045 Ontario elementary schools
285 students · EQAO 2024-2025
Chine Drive Public School
Public · Grades JK–8 · Toronto DSB
9.3/108.4 over 5 yrs
53rd of 3,045 Ontario elementary schools
130 students · EQAO 2024-2025
St Henry Catholic School
Catholic · Grades JK–8 · Toronto CDSB
9.3/108.8 over 5 yrs
53rd of 3,045 Ontario elementary schools
245 students · EQAO 2024-2025
Agnes Macphail Public School
Public · Grades JK–8 · Toronto DSB
8.9/108.3 over 5 yrs
108th of 3,045 Ontario elementary schools
250 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Scarborough, 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

630,145

Population (2021)

187.2 km²

Area

3,366

People per km²

42.4

Median age

$89,098

Median income

64%

Own their home

2.9

People per household

218,980

Households

Every age

Children (under 15)14.9%
Working age (15–64)66.2%
Seniors (65+)18.9%

What is built here

Detached houses37.2%
Semi-detached4.4%
Townhouses9.5%
Duplexes7.5%
Low-rise apartments5.7%
High-rise apartments35.1%

Own or rent

64%Owners

36%Renters

Across 218,980 households

When it was built

Mostly 1961–1980

1960 or earlier22%
1961–198037%
1981–199015%
1991–200010%
2001–20055%
2006–20104%
2011–20153%
2016–20213%

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.

55.5%
Born outside Canada: 29.7%
Hold a degree or higher: 48.7%
Employment rate: 24.6%
Commute by transit: 69.6%
Commute by car: 1.7
Children per family: $79,765
Median income after tax: $102,433
Average household income: 12.9%
Living on a low income: $1,375/mo
Renters pay, per month: $1,528/mo
Owners pay, per month: $812,192
Median home value at census: 25.7%
Renters spending 30%+ of income on housing: 24.9%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 867 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 Scarborough

3,051 condos were leased in Scarborough over the 12 months to September 2026. Half leased above $2,302 and half below, 4.9% lower than the 12 months before. A typical condo found its tenant in 23 days.

Median rent: $2,302; -4.9% year over year
Days to lease: 23; 1 day slower
Leases closed: 3,051; last 12 months
Rent per square foot: $3.24/mo; from 2,859 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.

$3,076$2,709$2,341$1,974

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: 7.8%

From 3,051 leases that closed here in the last 12 months.

Rent or buy in Scarborough

16.8 years

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

Median sold price

$463,412

1,078 sales

Median rent

$2,302/mo

3,051 leases

Gross rental yield

5.96%

before costs

Both figures come from deals that actually closed in Scarborough 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 — Scarborough, rentals

Monthly closed leases in Scarborough
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	190	$2,300	$2,200 – $2,600	21	100.0%
Aug 2026	331	$2,350	$2,163 – $2,700	21	100.0%
Jul 2026	383	$2,350	$2,150 – $2,700	22	100.0%
Jun 2026	308	$2,300	$2,100 – $2,550	23	100.0%
May 2026	241	$2,300	$2,100 – $2,600	25	100.0%
Apr 2026	248	$2,300	$2,079 – $2,550	26	100.0%
Mar 2026	305	$2,250	$2,050 – $2,550	23	100.0%
Feb 2026	194	$2,288	$2,100 – $2,500	25	100.0%
Jan 2026	212	$2,250	$2,100 – $2,550	29	100.0%
Dec 2025	199	$2,300	$2,100 – $2,575	27	100.0%
Nov 2025	248	$2,300	$2,150 – $2,600	16	100.0%
Oct 2025	192	$2,300	$2,200 – $2,656	19	100.0%
Sep 2025	173	$2,400	$2,250 – $2,700	20	100.0%
Aug 2025	307	$2,400	$2,250 – $2,750	17	100.0%
Jul 2025	322	$2,350	$2,200 – $2,719	23	100.0%
Jun 2025	239	$2,500	$2,250 – $2,800	21	100.0%
May 2025	209	$2,350	$2,200 – $2,700	20	100.0%
Apr 2025	193	$2,400	$2,250 – $2,750	21	100.0%
Mar 2025	209	$2,450	$2,250 – $2,800	19	100.0%
Feb 2025	138	$2,450	$2,300 – $2,800	23	100.0%
Jan 2025	160	$2,400	$2,250 – $2,650	29	100.0%
Dec 2024	128	$2,400	$2,250 – $2,650	25	100.0%
Nov 2024	129	$2,500	$2,300 – $2,750	29	100.0%
Oct 2024	129	$2,550	$2,350 – $2,850	21	100.0%
Sep 2024	177	$2,600	$2,400 – $2,900	22	100.0%
Aug 2024	388	$2,600	$2,438 – $2,950	27	100.0%
Jul 2024	276	$2,595	$2,375 – $2,900	27	100.0%
Jun 2024	178	$2,500	$2,350 – $2,800	36	100.0%
May 2024	177	$2,500	$2,350 – $2,850	35	100.0%
Apr 2024	184	$2,525	$2,350 – $2,850	31	100.0%
Mar 2024	121	$2,450	$2,300 – $2,800	28	100.0%
Feb 2024	67	$2,550	$2,325 – $2,825	28	100.0%
Jan 2024	89	$2,450	$2,280 – $2,800	23	100.0%
Dec 2023	104	$2,500	$2,289 – $2,763	16	100.0%
Nov 2023	111	$2,450	$2,300 – $2,800	12	100.0%
Oct 2023	61	$2,600	$2,400 – $3,000	15	100.0%

What people ask about Scarborough

How much is rent for a condo in Scarborough?

The median condo lease in Scarborough closed at $2,302 a month over the 12 months to September 2026, across 3,051 leases.

Compiled by HOMEH from leases reported closed in Scarborough 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 Scarborough

How much is a condo to rent in Scarborough?

The median rent of the 306 condos for rent in Scarborough is $2,450/mo. By size, the median is $2,000/mo for 1 bedroom and $2,400/mo for 2 bedrooms.

All rentals in Scarborough

Are there furnished condos for rent in Scarborough?

Yes. 26 of the 306 condos for rent in Scarborough are listed furnished and 13 partly furnished.

All rentals in Scarborough

Keep looking

More Rentals in Scarborough

1,130 homes are for rent in Scarborough. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.