Apartments for Rent in Swansea, Toronto, ON

Swansea, Toronto apartment availability

Swansea's rental market offers a good selection of listings, with an average of 26 rentals available each month in 2024. The majority of these rentals are 1-bedroom apartments, followed by 2-bedroom and 3-bedroom units. A smaller number of studios are also available. Many of these apartments are pet-friendly, with 69% allowing small pets or having pet-friendly restrictions in place. This makes Swansea a great option for renters with furry friends. With a range of bedroom sizes and pet-friendly amenities, Swansea has something to offer for various renter needs and preferences.

Swansea, Toronto rental market trends

The Swansea rental market in Toronto saw a notable decline in average rent prices over the past year, with an 11% decrease to $2,393 per month across all bed types and properties. However, this trend varies by bedroom count. The average rent for 1-bedrooms remained relatively stable, increasing by less than 1% to $2,340. In contrast, 2-bedrooms saw a 7% increase to $3,321, and 3-bedrooms experienced a significant 21% jump to $4,947. Studio apartments, on the other hand, decreased by 23% to $1,712.

The rental market in Swansea tends to fluctuate throughout the year, with January typically seeing the highest rent prices and October the lowest. The difference between these two months is substantial, with a 14% increase in January compared to October. This suggests that renters may find better deals during the fall season. In terms of competition, understanding the monthly fluctuations can help renters navigate the market and find the best time to secure a new apartment.

Why Swansea, Toronto is a great place to live

Swansea stands out as a top choice for renters prioritizing social life and environmental sustainability.

The neighborhood's high transit score, frequent transit options, well-developed street infrastructure, and excellent walk score make it easy to get around without a car, contributing to a vibrant social scene. Additionally, Swansea's strong safety record provides peace of mind for residents who enjoy exploring their community.

For those passionate about reducing their ecological footprint, Swansea offers a unique combination of eco-friendly features, including the use of non-toxic paint, waste recycling and composting programs, rainwater harvesting systems, community solar projects, and sustainable building materials. Low-flow fixtures and energy-efficient thermostats further minimize the neighborhood's environmental impact. If you're looking for a community that shares your values on social connection and sustainability, Swansea is an excellent fit.