Apartments for Rent in Upper Beaches, Toronto, ON

Upper Beaches, Toronto apartment availability

Upper Beaches offers a good selection of rental listings, with an average of 42 rentals available each month in 2024. The neighborhood's rental market primarily features 1-bedroom and 2-bedroom apartments, with a smaller selection of 3-bedroom apartments and studios. Many of these apartments cater to pet owners, with 61% allowing pets with some restrictions. This makes Upper Beaches a great option for renters with furry friends. With its diverse range of apartments and pet-friendly amenities, Upper Beaches is a neighborhood worth considering for those looking for a new place to call home.

Upper Beaches, Toronto rental market trends

The Upper Beaches neighborhood in Toronto saw a slight decline in average rent prices in 2024, with a year-over-year decrease of approximately 2.5%. The average monthly rent for all bed types and properties is around $2,299. Breaking it down by bed count, 1-bedrooms average $2,189 per month, with a modest 1.4% decrease from the previous year. 2-bedrooms average $3,144, with a negligible 0.3% decrease, while 3-bedrooms saw a notable 5.3% increase, averaging $4,020 per month. Studios average $1,877, with a 1.3% decrease.

In terms of seasonal fluctuations, January typically sees the highest rent prices, with a significant 20.4% increase compared to July, the month with the lowest rent prices. This suggests that renters may find better deals during the summer months. However, it's essential to note that the rental market can be competitive, especially during peak seasons. By understanding these trends, renters and landlords can make informed decisions about their properties.

Why Upper Beaches, Toronto is a great place to live

Upper Beaches is a top choice for renters prioritizing environmental sustainability and social living. According to 2024 data, the neighborhood's focus on eco-friendly features, such as non-toxic paint, rainwater harvesting, and sustainable materials in construction, make it an ideal spot for those seeking a green lifestyle. Additionally, its high transit score, walk score, and street infrastructure ensure easy access to the rest of the city, while its safety record provides peace of mind. With its strong social infrastructure, Upper Beaches is also perfect for renters who value being connected to their community and enjoy getting out and about with friends.