Rent data for Kensington Market
Compare rents in Kensington Market using public CMHC data, Rentals.ca market listings, and anonymous submissions from renters who live here.
Kensington Market rents are 2% above the Toronto average.
Estimated fair rent in Kensington Market
| Unit type | Estimated range / mo | Confidence |
|---|---|---|
| Studio | $1,550 to $2,150 | Baseline |
| 1 bedroom | $2,050 to $2,850 | Baseline |
| 2 bedroom | $2,650 to $3,650 | Limited |
| 3 bedroom | $3,350 to $4,600 | Baseline |
| 3+ bedroom | $4,100 to $5,700 | Baseline |
Ranges combine CMHC Rental Market Survey, Rentals.ca market listings, and anonymous renter submissions. Confidence rises as more renters in Kensington Market submit. Last updated March 2026.
Privacy comes first. We never collect your name or email and we never display individual rent submissions on this page. The numbers above are aggregated ranges across many anonymous submissions. Read the privacy policy.
Are rents in Kensington Market high or low?
Kensington Market rents run 2% above the Toronto average for comparable units. Rents are close to the city average. Older housing stock and walk-up apartments are common.
Listing rents show what landlords are asking. Anonymous renter submissions help show what people report paying. Use these numbers as a benchmark, not a final appraisal. Building age, condition, floor, and included amenities all affect individual rents.
Help build better data for Kensington Market
Kensington Market has limited local data so far (1 submission). Estimates rely primarily on CMHC and Rentals.ca data. Anonymous submissions make the Kensington Market benchmark sharper for the next renter who lands here.
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See how rents in Kensington Market compare with nearby Toronto neighbourhoods.
Data sources
This page combines three sources, in order of how much weight each carries once enough local data exists:
- Anonymous renter submissions. Real rents reported by renters in Kensington Market.
- CMHC Rental Market Survey. Annual data covering purpose-built rentals.
- Rentals.ca market listings. Used for market context. Listings show asking rents, not necessarily signed rents.
Results are grouped by neighbourhood and unit type. Individual submissions are never shown publicly.
Before renting in Kensington Market
- Almost no new construction. Most rentals are above storefronts or in old subdivided Victorians, expect quirky layouts, narrow staircases and no elevators.
- Pedestrian-Sunday market days and weekend tourist traffic make the core blocks noisy and busy. Units one street off the main grid are dramatically quieter.
- Parking is effectively impossible and not a real option. Most renters here don't have a car.
- Compare by unit type. Bachelor, 1 bedroom, and 2 bedroom rents vary widely in Kensington Market. Use the snapshot table above for the right benchmark.
- Check what is included. A unit at the top of the range may include heat, water, or parking. A bare unit at the same price is more expensive in practice.
- Ask about parking. Indoor parking can add $100 to $250 per month depending on the building.
- Compare building age and condition. A renovated unit in a newer building often rents above the neighbourhood range.
- Ask about rent increase rules. In Ontario, units first occupied before November 15, 2018 are rent controlled at the provincial guideline. Newer units are exempt between tenancies.
- Compare asking rent with reported rent. Listing sites show asking rents. Anonymous submissions help show what renters report paying.
FAQ for renters in Kensington Market
What is the average rent in Kensington Market?
The estimated fair range for a 1 bedroom in Kensington Market is $2,300 to $2,600 per month, based on CMHC data and Rentals.ca market listings. Kensington Market rents run 2% above the Toronto average for comparable units. See the snapshot table above for all unit types.
Is Kensington Market more expensive than the rest of Toronto?
Kensington Market rents run 2% above the Toronto average for comparable units. Rents are close to the city average. Older housing stock and walk-up apartments are common. Use this as a benchmark, not a final appraisal. Building age, condition, floor, and included amenities affect individual rents.
How does FairRent calculate rent benchmarks?
We combine public CMHC Rental Market Survey data, Rentals.ca market listing data, and anonymous renter submissions. CMHC data is comprehensive but lags. Listings show asking rents. Anonymous submissions show what renters report paying. The blend gets more accurate as more renters contribute.
Is my rent submission anonymous?
Yes. We do not collect your name, email, address, phone, or IP. We store only your neighbourhood, unit type, monthly rent, move-in year, city, and whether parking or utilities are included. There is no way to trace a submission back to a person.
Does FairRent show my exact address?
No. We never display individual rent submissions publicly. We only show grouped data: ranges, medians, and confidence labels by neighbourhood and unit type. Your submission becomes one of many anonymous data points feeding the neighbourhood benchmark.
Why should I submit my rent in Kensington Market?
The data improves when more renters contribute. Your submission makes the Kensington Market benchmark better for the next renter checking their rent here. Submission takes about a minute and stays anonymous. Kensington Market has limited local data so far (1 submission). Estimates rely primarily on CMHC and Rentals.ca data.
How often is this page updated?
Last updated March 2026. CMHC data is refreshed annually each fall. Rentals.ca data updates monthly. Anonymous renter submissions feed in continuously. Submissions older than two years are excluded so the benchmark stays current.
What if there is not enough data for Kensington Market?
When local submissions are limited, the estimate relies primarily on CMHC and Rentals.ca data adjusted for Kensington Market. Confidence labels in the table make this clear. The more renters in Kensington Market submit, the stronger the local benchmark gets.
Is this legal or financial advice?
No. FairRent provides market estimates for information only. Results are not professional appraisals, legal opinions, or official determinations. For rent disputes or formal proceedings, consult a licensed paralegal or your provincial tenant rights organization.
FairRent Canada · Toronto Rent Calculator · Kensington Market rent data. Sources: CMHC Rental Market Survey, Rentals.ca market listings, anonymous renter submissions. Results are estimates only. Not legal, financial, or real estate advice. Last updated March 2026.