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Etobicoke Rental Market Data & Neighbourhood Trends

Access granular residential building data, neighbourhood comps, and historical leasing metrics for 206 tracked properties across Etobicoke.

Etobicoke Rental Market Overview

FastScreen tracks 159 buildings across 5 distinct submarkets in Etobicoke, providing comprehensive municipal rental market intelligence. During the latest 30-day observation period, Etobicoke recorded 166 leases with an average realized rent of $2,690 per month ($3.79 per square foot) and an average Days on Market of 22 days. This reflects a moderate transaction volume and positions Etobicoke's realized rents $73 per month (2.79%) above the GTA 30-day benchmark average of $2,617, while trading at a slightly lower square footage rate than the regional average of $3.93 per square foot. Active inventory stands at 183 listings with an average asking rent of $2,865 per month ($3.96 per square foot), maintaining a $175 asking-versus-realized spread.

Active Rental Inventory

Listed and Tracked by FastScreen as of September 2026

Current publicly listed rental units and asking prices across Etobicoke

Active Listings
332units
Across 206 buildings
Average Asking Rent
$2,705/mo
Market Stability
Average SF
715SF
Typical suite layout
Average Asking Price / SF
$3.92/SF
Active density benchmark
Average Days on Market
33days
Active listing age

Rental Inventory Analysis At A Glance for Etobicoke

Etobicoke's active rental inventory encompasses 183 listings across the municipal footprint, carrying an average asking rent of $2,865 per month at a rate of $3.96 per square foot. When benchmarked against the latest 30-day realized average of $2,690 per month ($3.79 per square foot), active listings exhibit an asking-versus-realized spread of $175 per month. The absorption rate sits at 47.6%, indicating balanced matching between available stock and incoming tenant demand across tracked buildings. Among the 5 tracked submarkets, active listings range from 15 units in Etobicoke North up to 64 units in Etobicoke Centre. When compared to adjacent municipal peers, Etobicoke's active inventory depth and pricing sit between Toronto's higher rent baseline of $2,766 and Mississauga's effective average of $2,610.

Closed Leases

Transactions that closed in September 2026

Executed lease contracts and actual realized rents agreed upon between landlords and tenants

Units Leased
112closed
Executed transactions
Average Leased Rent
$2,464/mo
-3.9% MoM Delta
Average Leased SF
682SF
Executed size average
Average Leased / SF
$3.76/SF
Realized per-foot rate
Average Days on Market
22days
Days to execute lease

Leasing Trends for Etobicoke

Etobicoke rental properties leased in an average of 22 days over the latest 30-day period, matching Toronto's 22-day velocity and outpacing Mississauga by 1 day (23 days) and York by 3 days (25 days). Recent leasing velocity shows stability when compared against rolling mid-term metrics, with 564 leases recorded over the last 90 days at an average price of $2,649 per month and 24 days on market, and 878 leases over the last 180 days at an average price of $2,622 per month and 26 days on market. The latest 30-day average DOM of 22 days is 2 days faster than the GTA 30-day benchmark average of 24 days, pointing to steady leasing absorption across the municipality's 159 tracked buildings.

Etobicoke Neighbourhood Leaderboard & Directory

5 Submarkets

Compare average leased rents, transaction volume, active inventory, and turnover velocity across all neighbourhoods in Etobicoke

Etobicoke Centre
62 properties · 78 active listings
$2,481
average leased
Units Leased: 35
Days on Market: 28 days
+0.7% vs CityView Comps
Etobicoke North
31 properties · 98 active listings
$2,380
average leased
Units Leased: 25
Days on Market: 21 days
-3.4% vs CityView Comps
Mimico
53 properties · 72 active listings
$2,493
average leased
Units Leased: 24
Days on Market: 17 days
+1.2% vs CityView Comps
Etobicoke South
32 properties · 58 active listings
$2,398
average leased
Units Leased: 21
Days on Market: 23 days
-2.7% vs CityView Comps
Etobicoke Kingsway
28 properties · 26 active listings
$2,771
average leased
Units Leased: 7
Days on Market: 18 days
+12.5% vs CityView Comps
Calculation Methodology & Metrics Context (September 2026)
Average Leased Rent:

Calculated from completed residential leases executed in September 2026 across tracked multi-family properties in that submarket.

Spread vs City:

The percentage premium or discount of that neighbourhood's average lease price relative to the overall Etobicoke municipal benchmark.

Units Leased:

Total verified residential lease agreements completed and finalized in September 2026, demonstrating submarket liquidity.

Average Days on Market:

The average calendar duration between the initial public listing date and the finalized binding lease agreement.

Etobicoke Rental Market Dynamics & Local Trends

West Toronto's Waterfront & Transit-Connected Lakefront Community

Etobicoke combines lakefront high-rise living in Mimico and Humber Bay Shores with master-planned condominium density along the Bloor-Danforth subway line at Islington and Kipling.

The Kipling transit hub connects TTC Subway Line 2, MiWay express buses, and GO rail, providing efficient transit across both Toronto and Peel Region.

Submarket Pricing and Turnover Synthesis

Within Etobicoke, average lease rates range from $2,380 in Etobicoke North up to $2,771 in Etobicoke Kingsway, reflecting a 16% pricing spread based on building age and location. The fastest leasing velocity is currently observed in Mimico, with units averaging 17 Days on Market before executing a binding lease agreement.

Month Over Month Trends

Month-over-month leasing metrics indicate minor downward movement across Etobicoke's transaction samples. The latest 30-day period recorded 166 leases at an average rent of $2,690 per month ($3.79 per square foot), compared to 223 leases in the prior 30-day period at an average rent of $2,698 per month ($3.74 per square foot). This yields a pre-calculated month-over-month decrease of $8 per month, or 0.30%. Because transaction counts shifted between observation windows, this nominal variance primarily reflects individual unit mix, size distribution, and compositional shifts rather than a structural decline in municipal rental values.

Longer Term Trends

FastScreen's historical dataset for Etobicoke captures 879 total recorded leases with an all-time average rent of $2,620 per month, an average rate of $3.75 per square foot, and an average Days on Market of 26 days. Rolling mid-term metrics demonstrate steady pricing evolution, moving from an 180-day average of $2,622 per month (878 leases) to a 90-day average of $2,649 per month (564 leases), and reaching $2,690 per month in the latest 30-day window. Overall rental dispersion spans a wide transactional range from an entry-level floor of $1,575 to an upper ceiling of $7,500 per month, with a median rent of $2,500. The middle 50 percent of the market clusters tightly between $2,250 (25th percentile) and $2,800 (75th percentile) per month, representing an interquartile spread of $550 that underscores consistent core pricing across standard apartment stock.

For Renters

Renters evaluating Etobicoke can utilize robust historical and current benchmarks to navigate unit selection across the 5 tracked submarkets. Overall rental dispersion shows a median realized rent of $2,500 per month, with the middle 50 percent of transactions clustering between $2,250 and $2,800 per month. Bedroom-level affordability exhibits clear step-ups: standard 1-bedroom units average $2,212 per month across 261 recorded leases ($4.00 per square foot, 564 sq. ft.), while 1-bedroom plus den units average $2,404 per month ($3.72 per square foot, 653 sq. ft.), representing a rent increase of $192 per month (+8.68%) for 89 additional square feet. Transitioning to a 2-bedroom unit increases the average rent to $2,950 per month ($3.55 per square foot, 855 sq. ft.), a substantial step-up of $738 per month (+33.36%) and 291 square feet over standard 1-bedroom floor plans. Properties lease in an average of 22 days, requiring prompt application when desirable units list.

For Landlords

Etobicoke landlords pricing rental properties should calibrate expectations against closed transaction data rather than asking averages. Active inventory across the municipality lists at an average asking rent of $2,865 per month ($3.96 per square foot), maintaining a $175 asking-versus-realized spread against the latest 30-day lease average of $2,690 per month ($3.79 per square foot). Bedroom-specific asking-versus-realized spreads range from $90 per month on 1-bedroom units to $350 per month on 2-bedroom plus den layouts. With properties leasing in an average of 22 days—matching Toronto and outperforming Mississauga and York—correctly priced units absorb efficiently, minimizing costly vacancy carry periods. Incorporating parking provides a measurable rental uplift where supported, notably adding $247 per month on 1-bedroom leases and $309 on 1-bedroom plus den units.

For Realtors

Real estate professionals structuring rental CMAs in Etobicoke can leverage FastScreen's robust dataset of 879 historical leases across 159 buildings to establish defensible pricing strategies. When local 30-day velocity is constrained by sample size, agents should anchor valuations in 90-day ($2,649 average) and 180-day ($2,622 average) rolling benchmarks. Etobicoke's realized rent of $2,690 per month trades at a modest 2.79% premium over the GTA 30-day benchmark ($2,617), while offering competitive square-foot pricing ($3.79 vs. $3.93 GTA average). Agents must account for bedroom-specific square footage rates—such as $4.00 per square foot for 1-bedroom units down to $3.55 for 2-bedroom units—and apply documented parking premiums ($247 for 1-bed) to justify asset valuations against adjacent submarkets like Mimico and Etobicoke Centre.

Frequently Asked Questions

Etobicoke Rental Market & Leasing FAQs

Essential answers for tenants, property owners, and real estate professionals navigating Etobicoke

What is the average rent for a condominium or apartment in Etobicoke?
Etobicoke's average realized lease price for an apartment or condominium is $2,690 per month ($3.79 per square foot), based on FastScreen's latest 30-day transaction sample of 166 recorded leases. The historical all-time municipal average stands at $2,620 per month across 879 recorded leases, with a median rent of $2,500 and a transactional dispersion ranging from a minimum of $1,575 to a maximum of $7,500 per month. Etobicoke's average rent trades $73 per month above the regional GTA 30-day benchmark of $2,617.
How much is a 1-bedroom apartment in Etobicoke?
Etobicoke's average realized lease price for a 1-bedroom apartment is $2,212 per month ($4.00 per square foot), based on FastScreen's historical transaction records of 261 recorded leases with an average unit size of 564 square feet. Active 1-bedroom listings average $2,302 per month ($4.07 per square foot across 586 square feet), reflecting an asking-versus-realized spread of $90 per month. Units leased with parking achieved an average rent of $2,255 per month compared to $2,008 without parking, establishing a documented parking premium of $247 per month.
How much is a 2-bedroom apartment in Etobicoke?
Etobicoke's average realized lease price for a 2-bedroom apartment is $2,950 per month ($3.55 per square foot), based on FastScreen's historical transaction records of 259 recorded leases with an average unit size of 855 square feet. Active 2-bedroom listings average $3,052 per month ($3.72 per square foot across 856 square feet), representing an asking-versus-realized spread of $102 per month. Two-bedroom units account for a core segment of the municipal rental stock, offering a $738 monthly rent step-up over 1-bedroom floor plans while providing an additional 291 square feet of living space.
How much is a 3-bedroom apartment in Etobicoke?
Etobicoke's average realized lease price for a 3-bedroom or larger apartment is $4,142 per month ($3.78 per square foot), based on FastScreen's historical transaction records of 18 recorded leases with an average unit size of 1,219 square feet. Active 3-bedroom listings average $4,338 per month ($4.30 per square foot across 1,010 square feet), reflecting an asking-versus-realized spread of $196 per month. Due to a limited transaction sample of 3 leases in the latest 30-day window, 3-bedroom figures serve as a directional large-format benchmark rather than a high-volume market average.
Which neighbourhoods in Etobicoke are the most affordable versus most premium?
Etobicoke's rental market spans 5 distinct FastScreen-tracked submarkets, with average rents ranging from a low of $2,424 per month in Etobicoke North to a high of $2,851 per month in Mimico. Mimico represents the most premium submarket in the municipal footprint with an average realized rent of $2,851 across 302 leases, whereas Etobicoke North serves as the most affordable submarket with an average rent of $2,424 across 58 leases, establishing a municipal submarket spread of $427 per month (17.62%).
What area codes in Etobicoke have the most expensive rental units? What area codes have the least?
Etobicoke's rental dataset includes postal FSA representation anchored by areas such as M8V, while submarket-level tracking provides the primary geographic pricing framework. Average submarket rents range from $2,424 per month in Etobicoke North to $2,851 per month in Mimico, demonstrating meaningful geographic pricing variation across the municipality's 5 tracked submarkets.
Which postal codes (FSAs) and neighbourhoods are covered in Etobicoke's rental data?

FastScreen tracks residential lease transactions across Etobicoke's primary postal code districts (FSAs):

  • Etobicoke Centre M8X, M8Z, M9A, M9B: $2,481/month average leased rent
  • Mimico M8V, M8Y: $2,493/month average leased rent
  • Etobicoke South M8V, M8W, M8Y, M8Z: $2,398/month average leased rent
  • Etobicoke North M9A, M9L, M9P, M9R: $2,380/month average leased rent
  • Etobicoke Kingsway M6M, M8X, M8Y, M9A: $2,771/month average leased rent
How fast do rental properties lease in Etobicoke?
Rental properties in Etobicoke lease in an average of 22 days, based on FastScreen's latest 30-day transaction data. This latest 30-day average Days on Market of 22 days matches Toronto's 22-day velocity, and is 1 day faster than Mississauga (23 days), 3 days faster than York (25 days), and 2 days faster than the GTA 30-day benchmark average of 24 days. Etobicoke's historical all-time average DOM stands at 26 days across 879 recorded leases.
How much more will a unit with a parking spot in Etobicoke rent for versus a unit without one?
In Etobicoke, units leased with parking commanded an average positive premium of $247 per month for 1-bedroom units ($2,255 with parking versus $2,008 without parking) and $309 per month for 1-bedroom plus den units ($2,422 with parking versus $2,113 without parking), based on FastScreen's historical lease records. For 2-bedroom and 3-bedroom categories where unbundled sample sizes were limited or absent, specific parking premiums could not be reliably isolated from unit mix variations.
How should Etobicoke landlords price their rental units to prevent vacancy?
Etobicoke landlords should price rental units by anchoring to recent closed lease transactions rather than asking averages. Active inventory across the municipality lists at an average asking rent of $2,865 per month, creating a $175 asking-versus-realized spread against the latest 30-day lease average of $2,690 per month. With properties leasing in an average of 22 days, mispricing above achieved market levels risks extending vacancy carry-costs, whereas aligning with documented bedroom-level benchmarks and factoring parking premiums—such as $247 per month on 1-bedroom units—ensures efficient tenant absorption.
Are parking spaces, lockers, and utilities included in Etobicoke rents?
FastScreen's municipal rental dataset for Etobicoke tracks parking inclusion and bundling dynamics across bedroom categories—demonstrating distinct pricing differentials where unbundled units are available, such as 1-bedroom units leasing at an average of $2,255 with parking versus $2,008 without parking. The supplied dataset does not contain specific information regarding locker allocations or individual utility (hydro, water, gas) inclusion practices.