Greater Toronto Area Rents Expected to Spike
- Brett Lockwood
- Dec 15, 2021
- 1 min read
The GTA is set for another massive hike in rent in 2022. According to multiple rental platforms, rent in Toronto will likely see an average increase of 10-11%. That leaves the average Toronto rental price at $2,495.00/month. The expected 2022 annual rent increase remains in-line with 2021, which came in at 10%.
In nearby Mississauga, the annual rent increase is expecting to hover around 7%.
These increases matchup with the soaring prices of houses in the Greater Toronto Area, with Toronto and Mississauga some of the priciest cities in Canada.

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