Apartments for Rent in Eglinton East, Toronto, ON

Eglinton East, Toronto apartment availability

Eglinton East's rental market offers a good selection of listings, with an average of 24 rentals available each month. The majority of these rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of 3-bedroom apartments and studios also available. Many of these apartments offer convenient amenities, including assigned parking, on-site laundry, and elevator access. In fact, over 70% of Eglinton East apartments have assigned parking and on-site laundry, while over 80% have elevator access. This makes Eglinton East a great option for renters looking for a convenient and low-maintenance living experience.

Eglinton East, Toronto rental market trends

Eglinton East in Toronto has experienced a notable increase in rent prices in 2024, with the average monthly rent across all property types rising by 5.7% to approximately $2,350. This growth is largely driven by 1-bedroom and 2-bedroom units, which saw year-over-year increases of 10% and 12.7%, respectively. Studio apartments also saw a significant jump, with average rents rising by 13.4% to $1,911.

The rental market in Eglinton East is most competitive in May, with average rents peaking at 15.4% higher than the lowest month, February. This trend suggests that renters looking for a more affordable option may want to consider searching during the winter months. Overall, the area's rent prices are on an upward trajectory, with 2-bedroom units now averaging $2,535 and 3-bedroom units averaging $2,926.

Why Eglinton East, Toronto is a great place to live

Eglinton East stands out as a top choice for renters prioritizing social living and environmental sustainability. According to 2024 data, apartments in this neighborhood often feature eco-friendly elements such as non-toxic paint, rainwater harvesting, and sustainable materials in construction. Community solar projects and low-flow fixtures further contribute to its high environmental sustainability score. With a strong transit score, walk score, and transit frequency, Eglinton East is also an ideal location for those who value social connections and convenience. Its safe streets and well-maintained infrastructure make it easy to get around and meet up with friends, solidifying its reputation as a prime spot for renters seeking a balanced lifestyle.