York Rental Market Data & Neighbourhood Trends
Access granular residential building data, neighbourhood comps, and historical leasing metrics for 49 tracked properties across York.
York Rental Market Overview
FastScreen tracks 27 residential buildings across 2 municipal submarkets in York: Oakwood and Weston. During the latest 30-day observation window, FastScreen recorded 18 leases with an average realized lease price of $2,678 per month at a rate of $3.78 per square foot. This latest leasing benchmark stands $61 per month (or 2.33%) above the GTA 30-day average of $2,617, while York's all-time historical lease average sits at $2,386 per month across 99 recorded transactions. Active inventory includes 37 active listings carrying an average asking rent of $2,563 per month ($3.49 per square foot), yielding an asking-versus-realized spread of -$115 per month.
Active Rental Inventory
Listed and Tracked by FastScreen as of September 2026Current publicly listed rental units and asking prices across York
Rental Inventory Analysis At A Glance for York
York's current rental inventory comprises 37 active listings with an average asking rent of $2,563 per month ($3.49 per square foot) and an absorption rate of 32.7%. The active inventory spans across Oakwood (25 active listings) and Weston (12 active listings). Across the broader municipal dataset, asking rents trail realized transaction prices by an average of $115 per month, indicating that landlords listing units are securing realized lease outcomes that slightly exceed initial asking expectations depending on the unit mix. When evaluating supply conditions, active listings reflect available FastScreen-tracked inventory rather than total municipal supply.
Closed Leases
Transactions that closed in September 2026Executed lease contracts and actual realized rents agreed upon between landlords and tenants
Leasing Trends for York
Leasing velocity in York averaged 25 days on market during the latest 30-day window across 18 recorded leases, 1 day slower than the GTA 30-day average DOM of 24 days. Mid-term leasing metrics show a 31-day average DOM across 68 leases over the last 90 days, and a 30-day average DOM across 99 leases over the last 180 days. Comparing local velocity to nearby peer markets, York's 25-day DOM is 3 days slower than Etobicoke's 22-day effective benchmark, 3 days slower than Toronto's 22-day effective benchmark, and 2 days faster than North York's 27-day effective benchmark.
York Neighbourhood Leaderboard & Directory
2 SubmarketsCompare average leased rents, transaction volume, active inventory, and turnover velocity across all neighbourhoods in York
| Action | |||||||
|---|---|---|---|---|---|---|---|
| Oakwood | $2,370/mo | +0.9% | 12closed | 35days | 30units | 34properties | Explore |
| Weston | $2,408/mo | +2.6% | 10closed | 41days | 12units | 15properties | Explore |
Calculated from completed residential leases executed in September 2026 across tracked multi-family properties in that submarket.
The percentage premium or discount of that neighbourhood's average lease price relative to the overall York municipal benchmark.
Total verified residential lease agreements completed and finalized in September 2026, demonstrating submarket liquidity.
The average calendar duration between the initial public listing date and the finalized binding lease agreement.
York Rental Market Dynamics & Local Trends
Key Residential Rental Market Overview
York represents an important rental submarket, offering a diverse mix of 49 condominium and apartment residences. Rental demand is sustained by local employment centers, highway connectivity, and competitive cost-of-living advantages.
Transit connectivity, arterial road networks, and regional employment hubs drive tenant mobility throughout York. Properties close to central retail corridors and transit hubs consistently maintain superior occupancy and shorter listing cycles.
Submarket Pricing and Turnover Synthesis
Within York, average lease rates range from $2,370 in Oakwood up to $2,408 in Weston, reflecting a 2% pricing spread based on building age and location. The fastest leasing velocity is currently observed in Oakwood, with units averaging 35 Days on Market before executing a binding lease agreement.
Month Over Month Trends
During the latest 30-day period, York recorded 18 leases at an average rent of $2,678 per month ($3.78 per square foot) and an average DOM of 25 days, compared to 30 leases at an average rent of $2,302 per month ($3.54 per square foot) during the prior 30-day period. The pre-calculated month-over-month data indicates a rent increase of $376 per month, or 16.33%. However, because the latest observation window relies on a limited sample of 18 leases, this upward movement reflects transaction composition, individual unit mix, and seasonal leasing shifts rather than a structural municipal price surge.
Longer Term Trends
York's all-time historical dataset records 99 total leases with an average lease price of $2,386 per month, an average realized rate of $3.66 per square foot, and an average DOM of 30 days. Mid-term rolling benchmarks capture market stabilization between monthly volatility and historical baselines, recording 68 leases at an average of $2,368 per month over the last 90 days and 99 leases at an average of $2,386 per month over the last 180 days. Overall rental dispersion spans an entry-level floor of $1,650 per month to an upper ceiling of $5,500 per month, with a median rent of $2,250. The middle 50 percent of the market clusters tightly between a 25th percentile of $1,950 and a 75th percentile of $2,600 per month, representing an interquartile spread of $650 across the 99-sample distribution.
For Renters
Renters evaluating York should note that overall municipal rents span a median of $2,250 per month, with the middle 50 percent of transactions clustering between $1,950 and $2,600 per month. When examining bedroom-level space efficiency, stepping up from a 1-bedroom unit (averaging 597 square feet at $2,125 per month) to a 2-bedroom unit (averaging 790 square feet at $2,690 per month) yields a space increase of 193 square feet for an additional $565 per month, resulting in a slight decrease in realized square-footage rates from $3.69 to $3.48 per square foot. Renters navigating limited local inventory can also look to adjacent Etobicoke, where 166 leases over the last 30 days averaged $2,690 per month across 159 tracked buildings.
For Landlords
Landlords pricing units in York should anchor valuation strategies on closed lease transactions rather than asking averages. The dataset records an overall asking-versus-realized spread of -$115 per month, indicating that baseline asking rents of $2,563 per month align closely with realized leasing outcomes of $2,678 per month across recent 30-day windows. Properties experience an average leasing velocity of 25 days on market, aligning closely with regional averages. Landlords should account for bedroom-specific premiums, parking inclusion impacts, and competition from nearby submarkets like Oakwood and Weston when positioning listings to minimize vacancy carry costs.
For Realtors
Real estate professionals structuring a rental comparative market analysis in York can leverage FastScreen's dataset of 27 tracked buildings and 99 historical leases to establish defensible pricing baselines. When 30-day municipal volume is limited, agents should utilize rolling 90-day ($2,368 per month) and 180-day ($2,386 per month) metrics alongside square-foot rates ($3.78 per square foot) to guide client expectations. Comparative analysis against adjacent Etobicoke ($2,690 effective rent) and North York ($2,572 effective rent) provides valuable regional context for properties positioned near municipal boundaries.
York Rental Market & Leasing FAQs
Essential answers for tenants, property owners, and real estate professionals navigating York
What is the average rent for a condominium or apartment in York?
How much is a 1-bedroom apartment in York?
How much is a 2-bedroom apartment in York?
How much is a 3-bedroom apartment in York?
Which neighbourhoods in York are the most affordable versus most premium?
What area codes in York have the most expensive rental units? What area codes have the least?
Which postal codes (FSAs) and neighbourhoods are covered in York's rental data?
FastScreen tracks residential lease transactions across York's primary postal code districts (FSAs):
- Oakwood M5P, M6B, M6C, M6E: $2,370/month average leased rent
- Weston M3L, M6L, M6M, M6N: $2,408/month average leased rent
