Cabbagetown Apartments for Rent & Condo Comps

Cabbagetown's average realized lease price is $2,747 per month ($4.32/sqft), based on 229 recorded transactions over the trailing 30 days ending August 31, 2026. The middle 50% of the market ranges between $2,200 (25th percentile) and $3,000 (75th percentile) per month, with a median rent of $2,450. This performance sits just $19 below the broader Toronto municipal average of $2,766 per month.

The average rent for a 1-bedroom apartment in Cabbagetown, Toronto is $2,338 per month ($4.53/sqft) based on 30-day tracking data, while 1-bedroom plus den suites average $2,534 per month based on 52 closed leases over the same window. Most 1-bedroom units lease between $2,100 (25th percentile) and $2,350 (75th percentile) per month, with an average size of 522 square feet across 180-day comps.

The average rent for a 2-bedroom apartment in Cabbagetown, Toronto is $3,167 per month ($4.25/sqft) based on 30-day trailing data, while 2-bedroom plus den suites average $3,319 per month across 12 closed leases. Standard 2-bedroom units lease between $2,850 (25th percentile) and $3,200 (75th percentile) per month, representing an average rent step-up of $839 and an additional 241 square feet compared to standard 1-bedroom layouts.

The average rent for a 3-bedroom apartment in Cabbagetown, Toronto is $3,956 per month ($3.90/sqft), based on 30-day trailing data across 8 closed transactions. Three-bedroom and larger suites represent a specialized, lower-volume inventory segment in the submarket, offering an average of 997 square feet of living space with realized monthly rents reaching up to $8,200 for executive townhomes and premium properties.

Within Cabbagetown, The Rosedale commands the highest average lease rate at approximately $8,200 per month, while Churchill Apartments offers the most accessible entry point among tracked buildings at around $1,725 per month based on available transaction records.

Cabbagetown rents average $2,747 per month, which is lower than the overall Toronto average of $2,766 per month (a spread of $19 or 0.69%). Properties in Cabbagetown spend an average of 21 days on the market—leasing 1 days faster than the broader Toronto municipal benchmark of 22 days.

Condo and apartment rentals in Cabbagetown primarily fall within postal forward sortation areas (FSAs) such as M4W.

Rental listings in Cabbagetown spend an average of 21 days on the market before leasing, based on 30-day tracking through August 31, 2026—leasing 1 days faster than the broader Toronto municipal benchmark of 22 days.

With active listings averaging $3,114 against closed leases averaging $2,747—an asking-to-realized spread of $367 per month—landlords should price units in alignment with recent closed lease benchmarks rather than aspirational asking rates to avoid extending vacancy periods beyond the submarket's 21-day average.

Reserved parking in Cabbagetown adds an estimated $232 to $303 per month across 1-bedroom and 2-bedroom rental rates, respectively, based on verified unbundled lease comps.

Standard lease agreements in Ontario require renters to set up separate accounts for suite hydro and heating/cooling power. Water service and common amenity upkeep are almost universally included in the owner's monthly maintenance fees.