Ontario rent report
Vacancy and rents by centre
| Centre | Vacancy | Average rent | Median rent | Change in average rent* |
|---|---|---|---|---|
| Ontario (all centres) | 3.2% | $1,730 | $1,670 | +3.8% |
| Toronto CMA | 3.0% | $1,917 | $1,850 | +3.2% |
| Ottawa | 2.9% | $1,743 | $1,675 | +3.9% |
| Hamilton | 3.5% | $1,552 | $1,473 | +1.4% |
| Kitchener-Cambridge-Waterloo | 4.0% | $1,716 | $1,716 | +3.3% |
| London | 3.8% | $1,551 | $1,520 | +4.6% |
| Oshawa | 3.6% | $1,748 | $1,770 | not published |
| Guelph | 2.9% | $1,759 | $1,740 | +5.1% |
* Year-over-year change in average rent for the same units surveyed in both years (CMHC's "same sample" measure). Purpose-built rental apartments only: condos and secondary suites are not included, and asking rents on new listings are usually higher than these averages, which include sitting tenants. Mississauga, Brampton, Vaughan, Markham and Oakville are inside the Toronto CMA figure.
Source: Canada Mortgage and Housing Corporation (CMHC), Rental Market Survey, October 2025. This information is reproduced and distributed on an "as is" basis with the permission of CMHC. CMHC Housing Market Information Portal.
Rent-increase guideline
For most units first occupied before November 15, 2018, Ontario caps the yearly increase at the guideline: 2.1% for increases taking effect in 2026 and 1.9% in 2027. The increase needs 90 days' written notice on Form N1 and at least 12 months since the last one. Source: ontario.ca, Residential rent increases, checked 2026-10-06.
KeyToRental works out each lease's next lawful increase date and amount, for the N1 you fill in and serve. Start free.
This page reports published figures. It is not advice on what to charge for a particular unit.