Renting an apartment in Toronto can cost anywhere from $1,500 to $3,000 per month, depending on the size and location of the property.   The cost of renting an apartment in Toronto can vary widely based on several factors, including the size and location of the property, as well as overall market conditions.   The size of the apartment is one of the main factors that can affect the monthly rental cost. Generally, larger apartments will cost more than smaller apartments, while the cost of studios or one-bedroom apartments will typically be lower.   The location of the property is another important factor that can impact the cost of rent. Properties located in popular, central areas of Toronto, such as downtown or the Annex, tend to be more expensive compared to those located in the outskirts of the city. Additionally, the cost of rent in newer, luxury buildings will typically be higher compared to older buildings.   It is also worth noting that the real estate market in Toronto is constantly changing, so the average rental costs can fluctuate from year to year. To get a better understanding of the current market conditions and what you can expect to pay for a rental apartment in Toronto, it is always a good idea to consult with a real estate professional or do thorough research. | Most Searched Real Estate Questions