{"id":1130,"date":"2026-02-12T09:01:47","date_gmt":"2026-02-12T14:01:47","guid":{"rendered":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/02\/12\/gta-rent-prices-continue-downward-trend-what-renters-need-to-know\/"},"modified":"2026-02-12T09:01:47","modified_gmt":"2026-02-12T14:01:47","slug":"gta-rent-prices-continue-downward-trend-what-renters-need-to-know","status":"publish","type":"post","link":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/02\/12\/gta-rent-prices-continue-downward-trend-what-renters-need-to-know\/","title":{"rendered":"GTA Rent Prices Continue Downward Trend: What Renters Need to Know"},"content":{"rendered":"

A new report indicates that asking rents in Canada have fallen for the 16th consecutive month, reaching a 31-month low in January. The Rentals.ca and Urbanation report reveals a 4.6% year-over-year decline in Toronto rents, bringing the average to $2,495. This softening market has improved affordability, with the average rent-to-income ratio falling below 30% for the first time in six years. Smaller unit sizes are also contributing to the decline. While three-bedroom rentals are seeing price increases, overall, renters in the GTA are experiencing some relief. For a deeper dive into the national trends and regional variations, check out the full article on BNN Bloomberg.<\/p>\n

[https:\/\/www.bnnbloomberg.ca\/business\/real-estate\/2026\/02\/09\/average-asking-rents-in-canada-fall-for-16th-straight-month-report\/](https:\/\/www.bnnbloomberg.ca\/business\/real-estate\/2026\/02\/09\/average-asking-rents-in-canada-fall-for-16th-straight-month-report\/)<\/p>\n

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Source: Read the original article<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Toronto rents are down 4.6% year-over-year, offering some relief for GTA renters. Discover the latest trends and insights from the Rentals.ca and Urbanation report.<\/p>\n","protected":false},"author":3,"featured_media":1129,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[178,206],"tags":[192,224,182,565,211,207],"class_list":["post-1130","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-data","category-residential","tag-affordability","tag-condo-market","tag-gta","tag-rent-prices","tag-rental-market","tag-toronto"],"_links":{"self":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/comments?post=1130"}],"version-history":[{"count":0,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1130\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media\/1129"}],"wp:attachment":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media?parent=1130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/categories?post=1130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/tags?post=1130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}