↓ 18.92%
Dropped yesterday
Live - updated Tuesday, September 22, 2026
Ontario's rental market moved today.Here's what changed.
HomeDrops tracks Ontario lease listings daily, detecting rent drops, new inventory, and market signals before they become obvious.
Rent drops today
205
across 26 cities
Average rent drop
$182/mo
per reduced rental
Average drop %
5.4%
mean reduction
Largest rent drop
$3.5K/mo
Toronto (North Riverdale)
Monthly rent removed
$37.29K/mo
removed from asking rents
Toronto (North Riverdale)-$3.5K/mo18.92% drop
Toronto (Church-Yonge Corridor)-$1.8K/mo10.11% drop
Toronto (Church-Yonge Corridor)-$1.5K/mo7.89% drop
Peterborough (Monaghan Ward 2)-$1K/mo25.00% drop
Toronto (Newtonbrook West)-$850/mo7.87% drop
Innisfil (Lefroy)-$700/mo17.50% drop
Toronto (St. Andrew-Windfields)-$510/mo11.33% drop
Toronto (University)-$500/mo6.25% drop
Toronto (Annex)-$450/mo5.66% drop
Toronto (Leaside)-$450/mo7.56% drop
Toronto (North Riverdale)-$3.5K/mo18.92% drop
Toronto (Church-Yonge Corridor)-$1.8K/mo10.11% drop
Toronto (Church-Yonge Corridor)-$1.5K/mo7.89% drop
Peterborough (Monaghan Ward 2)-$1K/mo25.00% drop
Toronto (Newtonbrook West)-$850/mo7.87% drop
Innisfil (Lefroy)-$700/mo17.50% drop
Toronto (St. Andrew-Windfields)-$510/mo11.33% drop
Toronto (University)-$500/mo6.25% drop
Toronto (Annex)-$450/mo5.66% drop
Toronto (Leaside)-$450/mo7.56% drop
Where market activity is concentrated
Cities ranked by today's rent drop count
City activity
26 active cities
Toronto
75
Mississauga
12
Markham
10
Barrie
7
Vaughan
6
Brampton
6
Guelph
4
Pickering
4
Latest rent drops
205 listings reduced since the previous snapshot
New listings
561 properties entered the rental market today
Listed yesterday
1448 B RIVER ROAD
Wasaga Beach · House · 1 bed · 1 bath · 1,100 sqft
$2,400 /mo
Listed yesterday
8 SPOONER CRESCENT
Collingwood · Row / Townhouse · 5 bed · 4 bath · 2,000 sqft
$28,000 /mo
Listed yesterday
24 BARNYARD TRAIL
Barrie · House · 4 bed · 4 bath · 2,000 sqft
$3,200 /mo
Listed yesterday
2150 GALLOWAY (BASEMENT) STREET
Innisfil (Alcona) · Row / Townhouse · 1 bed · 1 bath · 1,100 sqft
$1,400 /mo
Market reports
Daily insight now, deeper trend reports as the history grows
Daily briefLive data
Rental market movement
Drops, new listings, and increases today
Explore report →Weekly pulseLive data
Seven-day market movement
Daily qualifying reductions over the latest week
Explore report →Monthly reviewLive data
Ontario rental market review
Recorded reductions by reporting month
Explore report →Free daily alerts
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