What is the average rent for a 1-bedroom apartment in Toronto?

A 1-bedroom apartment in Toronto averages between $1,800 and $2,500 USD per month. This range is for a typical unit, but prices vary quite a bit depending on location and building features. For example, a modern 1-bedroom in a high-demand downtown area like King West or Yorkville could easily hit $2,300-$2,800 USD. If you look further out, say in Etobicoke or Scarborough, you might find something closer to the $1,700-$2,000 USD mark, though you'll have a longer commute. Building age and amenities also play a big role. A newer building with a gym and concierge will command a higher price than an older walk-up. Don't forget to factor in utilities; some units include heat and water, but electricity is often extra. When budgeting, aim for the higher end of the range to avoid surprises, especially if you're set on a desirable neighborhood.