Rent report · The Nation, Ontario · closed MLS® leases
Average Rent in The Nation — November 2026 by Bedroom
The short answer
The median rent in The Nation is $1,950 a month, based on 41 leases signed on the MLS® in the 12 months to November 2026 (average $2,065). A typical 1-bedroom leases for $1,300 and a 2-bedroom for $1,900. Over the last 90 days the median was $1,950 across 15 leases.
See The Nation rentalsBy bedroom
The Nation rent by bedroom
- Studio$1,850
- 1 bedroom$1,300
- 2 bedrooms$1,900
- 3 bedrooms$2,450
Source: TRREB MLS® data, compiled by Summitly · as of November 8, 2026
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| Bedrooms | Median rent (12 mo) | Leases (12 mo) |
|---|---|---|
| Studio | $1,850 | 8 |
| 1 bedroom | $1,300 | 5 |
| 2 bedrooms | $1,900 | 17 |
| 3 bedrooms | $2,450 | 11 |
| Bedrooms | Median rent (12 mo) | Average rent (12 mo) | Leases (12 mo) | Median (last 90 days) | Median asking now | Rent / sq ft |
|---|---|---|---|---|---|---|
| Studio | $1,850 | $1,831 | 8 | $1,900 | — | $1.64 |
| 1 bedroom | $1,300 | $1,328 | 5 | — | — | — |
| 2 bedrooms | $1,900 | $2,094 | 17 | $2,350 | — | $2.18 |
| 3 bedrooms | $2,450 | $2,527 | 11 | — | $2,375 | $2.18 |
| 4+ bedrooms | — | — | 0 | — | — | — |
| All rentals | $1,950 | $2,065 | 41 | $1,950 | $2,100 | $2.09 |
By property type
The Nation rent by property type
- House (detached / semi)$2,298
Source: TRREB MLS® data, compiled by Summitly · as of November 8, 2026
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| Type | Median rent (12 mo) | Leases (12 mo) |
|---|---|---|
| House (detached / semi) | $2,298 | 16 |
| Type | Median rent (12 mo) | Average rent (12 mo) | Leases (12 mo) | Median (last 90 days) | Median asking now | Rent / sq ft |
|---|---|---|---|---|---|---|
| Condo apartment | — | — | 3 | — | — | — |
| House (detached / semi) | $2,298 | $2,325 | 16 | $2,275 | $2,098 | $2.04 |
| Basement apartment | — | — | 1 | — | — | — |
| Townhouse | — | — | 4 | — | $2,500 | — |
Trend
The Nation median rent, last 24 months
Source: TRREB MLS® data, compiled by Summitly · as of November 8, 2026
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| Month | Median rent | Leases |
|---|---|---|
| Oct 2026 | — | 3 |
| Sep 2026 | $1,825 | 6 |
| Aug 2026 | — | 3 |
| Jul 2026 | $1,900 | 9 |
| Jun 2026 | — | 4 |
| May 2026 | — | 3 |
| Apr 2026 | $1,838 | 6 |
| Jan 2026 | — | 2 |
| Nov 2025 | — | 2 |
| Oct 2025 | — | 3 |
| Sep 2025 | — | 2 |
| Aug 2025 | — | 1 |
| Jul 2025 | — | 4 |
| Jun 2025 | $2,050 | 5 |
| May 2025 | — | 1 |
| Apr 2025 | — | 1 |
| Mar 2025 | — | 1 |
| Feb 2025 | — | 1 |
| Jan 2025 | — | 1 |
FAQ
The Nation rent FAQs
What is the average rent in The Nation?
In the 12 months to November 2026, 41 The Nation rentals were leased through the MLS® at a median of $1,950 a month and an average of $2,065. The median is the better guide: a few luxury leases pull the average up.
How much is a 1-bedroom apartment in The Nation?
The median 1-bedroom lease in The Nation was $1,300 a month over the last 12 months (5 leases).
How much is a 2-bedroom rental in The Nation?
A 2-bedroom in The Nation leased for a median $1,900 a month over the last 12 months, across 17 leases.
Where do these rent figures come from?
They are medians and averages of closed leases recorded on the TRREB MLS® (the rent actually agreed, not the asking rent), refreshed November 2026. A figure is shown only when it covers at least 5 leases, so no single lease can be identified.
Sources & method
Where these rents come from.
- Rents are the monthly prices on leases that closed on the TRREB MLS® (status Leased), not asking rents, except the "Median asking now" column, which covers rentals listed today.
- The 12-month window runs to the data refresh date; the 90-day column covers the most recent 90 days. The trend shows complete calendar months only.
- Bedrooms are the above-grade bedroom count on the listing, so a 1-bedroom plus den counts as a 1-bedroom. Studios are listings with no bedrooms.
- Basement apartments are lower-level units or units numbered as a basement; houses are detached and semi-detached homes leased whole; townhouses include condo townhouses.
- Rents under $300 or over $50,000 a month are treated as data errors and excluded. Rent per square foot uses leases with an exact floor area only.
- Every figure covers at least 5 leases, so no individual lease can be identified. This page is indexed only when the city has at least 50 leases in 12 months.
Source: TRREB MLS® data, compiled by Summitly.
