Rent estimates for Parkdale

The estimated rent range for a 1 bedroom in Parkdale, Toronto is $1,750 to $2,450 per month. The estimate starts from the city baseline, built from CMHC and Statistics Canada figures. It uses no renter reports, because the recent ones for this type of home here are too few, or too alike. We do not publish figures drawn from fewer than 5 reports, or from a group where too many reports give the same rent. FairRent's neighbourhood adjustment for Parkdale is -7% compared with the Toronto baseline. That is an input to the estimate, not a measured difference across every rental home here. The rent estimates table above shows every type of home and the evidence behind each one.

FairRent's neighbourhood adjustment: -7% compared with the Toronto baseline. Use this as a benchmark, not a final appraisal. Building age, condition, floor, and what is included (heat, parking, laundry) affect individual rents.

Each city baseline is half the rent CMHC's Rental Market Survey found for homes that changed tenants and half Statistics Canada's average asking rent. The CMHC Rental Market Survey figure describes the previous October for the city as a whole, for privately initiated rental structures with three or more rental units, in urban centres of 10,000 people or more. FairRent's neighbourhood adjustment is then applied: neighbourhood adjustments are set by hand by FairRent, with no recorded source. Rent submissions from renters are blended in where a group is large enough. Asking rents show what landlords advertise. Submissions show what renters report paying. More comparable submissions can improve how much of an area is covered. Accuracy also depends on who reports their rent, how recent the submissions are and whether they come from different households. It also depends on whether the estimate has been checked against independent data. We have not yet done that check.

We never ask for your name, email, phone number or exact address. We do not publish a figure drawn from fewer than 5 submissions, and counts are shown as bands rather than exact numbers. Leaving out names and exact addresses reduces the risk of identifying a renter. It does not remove that risk completely. Details about a home may still identify a person when they are combined with information from elsewhere. The privacy policy lists every field a submission holds and what the site processes to run.

No. We never display individual rent submissions publicly. We only show grouped data: ranges, medians, and confidence labels by neighbourhood and type of home. We do not publish a figure drawn from fewer than 5 submissions, and counts are shown as bands rather than exact numbers.

Estimates here combine public market data with what renters report. A report for this area and type of home is used only once there are 5 recent ones, so yours may sit unused until then. We never ask for your name, email or exact address.

Reported rents feed in continuously and those older than 2 years drop out. So the local part of this page moves on its own. The CMHC and Statistics Canada figures behind it are checked on the first of every month, most recently in October 2026. The neighbourhood adjustment is set by hand and does not change when those figures do. Where this page has a local report, its date is shown at the top. The local facts on this page were checked against the sources listed on it in October 2026.

When local submissions are limited, the estimate relies on the city baseline adjusted for Parkdale. The table says so for each type of home. Reported rents for Parkdale are used only once a type of home has at least 5 recent ones. More comparable submissions can improve how much of an area is covered. Accuracy also depends on who reports their rent, how recent the submissions are and whether they come from different households. It also depends on whether the estimate has been checked against independent data. We have not yet done that check.

This page covers rent submissions where the renter chose Parkdale on the rent check. That is a label renters choose, not an official boundary. Liberty Village and Roncesvalles border it. The City of Toronto's 158 neighbourhood definitions are the official reference. The City's profile for this area is South Parkdale (85), and the FairRent category does not follow it exactly.

No. Advertised rents, survey rents and the rents current tenants pay describe different groups of homes. An advertised rent is usually above what a long-standing tenant pays. This page gives an estimate calculated from a city baseline and, where there are enough of them, reported rents. It is not a listing price, a legal maximum or a measure of what a household can afford.

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.