Apartments for Rent in Forest Hill, Toronto, ON

Forest Hill, Toronto apartment availability

Forest Hill's rental market offers a good selection of listings, with an average of 116 rentals available each month in 2024. 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 are pet-friendly, with over 75% allowing cats, small pets, or other animals. This makes Forest Hill a great option for renters with pets. With its varied selection of rentals and pet-friendly amenities, Forest Hill is a neighborhood worth considering for those looking for a new place to call home.

Forest Hill, Toronto rental market trends

Forest Hill's rental market experienced a decline of approximately 5.8% in 2024, with the average monthly rent for all bed counts and property types sitting at around $2,540. The average rent for a 1-bedroom is roughly $2,280, reflecting a minimal annual increase of 0.1%. In contrast, 2-bedrooms average around $3,092, with a year-over-year increase of 2.7%, while studios average about $1,920, with a 2.9% annual increase.

The spring season tends to see the highest demand and prices in Forest Hill, with April typically witnessing the highest rent, 6.9% higher than December, the month with the lowest rent. If you're searching for a new apartment, December may be a good time to find a deal, as prices are lower and there's less competition. On the other hand, if you're looking to rent in the spring, be prepared for higher prices and more competition.

Why Forest Hill, Toronto is a great place to live

Forest Hill is a haven for those prioritizing environment sustainability and a vibrant social life. Our analysis of local amenities and resident preferences reveals a neighborhood that excels in eco-friendly living and community engagement.

With a strong focus on sustainable practices, Forest Hill stands out for its use of non-toxic paint, sustainable materials in construction, and innovative features like rainwater harvesting and community solar projects. Residents can also feel good about reducing their carbon footprint with convenient access to public transit, walkable streets, and waste recycling programs.

For those who value social connections, Forest Hill's excellent transit score, frequent transit options, and pedestrian-friendly infrastructure make it easy to get out and explore. Plus, with a strong emphasis on safety, residents can feel confident in their community. Whether you're looking for a like-minded community or simply a place to live in harmony with the environment, Forest Hill is an excellent choice.