The average monthly rental rate for all property types in June 2022 was $2,403 per month – an annual increase of 19.1% over the June 2021 average of $2,018 per month.
Following May’s 5.7% month-over-month increase, rents jumped another 3.1% in June, the second highest monthly growth rate in over three and a half years.
sources:
https://www.torontorentals.com/blog/toronto-gta-july-rent-report-2022