Parkdale is a diverse, evolving neighbourhood in Toronto's west end with a strong arts community and a mix of older walk-up apartments and newer builds.
| Unit type | Estimated range / mo |
|---|---|
| Bachelor / Studio | $1,500 to $1,850 |
| 1 Bedroom | $2,000 to $2,450 |
| 2 Bedroom | $2,600 to $3,150 |
| 3 Bedroom | $3,250 to $4,000 |
Source: CMHC Rental Market Survey (October 2024) and community submissions. Updated March 2026.
What is the average rent for a 1-bedroom in Parkdale?
Based on CMHC data and local renter submissions, the estimated fair range for a 1-bedroom in Parkdale is $2,000 to $2,450 per month. This is 7% below the Toronto average.
Is rent controlled in Parkdale?
Units first occupied before November 15, 2018 are subject to Ontario rent control. The 2026 guideline is 2.1%. Newer units are not rent controlled between tenancies.
How do I check if my Parkdale rent is fair?
Use the Toronto Rent Calculator at https://torontofairrent.ca. Enter your neighbourhood, unit type, and monthly rent. You will receive a Fair Rent Canada Score from 1 to 10 showing how your rent compares to the local market.
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