Apartments for Rent in The Peanut, Toronto, ON

What is the average rent for a 1-bedroom apartment in The Peanut, Toronto, ON?

One-bedroom apartments in The Peanut average around $2,000 per month in 2025. These units declined 12.3% from the previous year, averaging around 456 sqft in size.

What is the average rent for a 2-bedroom apartment in The Peanut, Toronto, ON?

Two-bedroom apartments in The Peanut rent for around $2,400 per month in 2025. These units fell 10.3% from 2024 and average around 714 sqft in size.

What is the average rent for a 3-bedroom apartment in The Peanut, Toronto, ON?

Three-bedroom apartments in The Peanut average around $3,100 per month in 2025. These larger units decreased 10.0% from the previous year and offer around 1,004 sqft of living space.

How much does it cost to rent an apartment in The Peanut, Toronto, ON?

The Peanut rental market averaged around $2,300 per month in 2025, down 10.4% from 2024. Studios bucked the trend with a 9.9% increase to around $1,800 monthly, while larger units saw declines across all bedroom types.

What is the average apartment size in The Peanut, Toronto, ON?

Apartments in The Peanut average around 633 sqft across all unit types. Studios offer around 211 sqft, while three-bedroom units provide the most space at around 1,004 sqft.

What type of apartment is most common in The Peanut, Toronto, ON?

Two-bedroom apartments are the most common rental type in The Peanut, a Toronto neighborhood, with about 22 listings available monthly. One-bedroom units follow closely with about 19 listings per month.

Why The Peanut, Toronto is a great place to live

The Peanut is a neighborhood that seamlessly aligns with the priorities of renters who value a vibrant social life and a commitment to environmental sustainability.

For those who thrive on social interaction, The Peanut's excellent transit score, well-designed street infrastructure, and high-frequency transit options make it easy to get around and connect with others. The area's strong safety record and high walk score also contribute to a sense of community and freedom to explore.

Environmentally conscious renters will appreciate the emphasis on sustainable living, evident in the use of non-toxic paint, waste recycling and composting programs, and rainwater harvesting systems. The incorporation of low-flow fixtures, thermostats, and sustainable materials in construction also demonstrate a commitment to reducing the neighborhood's ecological footprint. With community solar projects and a strong focus on walkability, The Peanut is an attractive option for those seeking a lifestyle that balances social connection with environmental responsibility.

What type of apartment is least common in The Peanut, Toronto, ON?

Studios are the least common rental type in The Peanut, Toronto, with about 4 listings available monthly. Three-bedroom apartments are also relatively uncommon, averaging about 8 listings per month.