Apartments for Rent in Grange Park, Toronto, ON

Grange Park, Toronto apartment availability

Grange Park's rental market offers a good selection of listings, with an average of 56 rentals available each month. The neighborhood's rental inventory is relatively diverse, with a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as studios. Many of these apartments offer popular amenities, including air conditioning, central heat, and on-site laundry, which are available in 71%, 64%, and 54% of rentals, respectively. This variety of options and amenities makes Grange Park a viable choice for renters seeking a convenient and comfortable living space in Toronto.

Grange Park, Toronto rental market trends

The Grange Park rental market in Toronto experienced a significant decline in 2024, with average monthly rents decreasing by 22.3% year-over-year to $2,395. Breaking it down by bed count, 1-bedrooms averaged $2,326 per month, a relatively modest 2.7% decrease from the previous year. In contrast, 2-bedrooms and 3-bedrooms saw more substantial declines, with average rents dropping by 18.1% and 37.6% to $3,105 and $3,629, respectively. Studio apartments fared relatively better, with a 1.9% decrease to $1,866 per month.

The rental market in Grange Park tends to fluctuate throughout the year, with September typically being the most expensive month. Rents in September are, on average, 23.2% higher than in November, the month with the lowest average rent. If you're looking for a new apartment, November may be a good time to find a deal. However, if you're looking for a specific type of apartment, be prepared for varying levels of competition throughout the year.

Why Grange Park, Toronto is a great place to live

Grange Park stands out as a hub for those prioritizing social life and environmental sustainability. The neighborhood's commitment to green living is evident in its use of non-toxic paint, waste recycling and composting programs, rainwater harvesting, and community solar projects. Residents also appreciate the incorporation of sustainable materials in construction, low-flow fixtures, and energy-efficient thermostats.

A high walk score and excellent transit options further enhance the area's appeal, making it easy to get around without relying on personal vehicles. The frequency and variety of transit options, coupled with well-designed street infrastructure and a focus on safety, also contribute to a vibrant social scene. With its unique blend of eco-friendly features and social amenities, Grange Park is an attractive choice for renters seeking a dynamic, responsible lifestyle.