Apartments for Rent in West Queen West, Toronto, ON

West Queen West, Toronto apartment availability

West Queen West's rental market offers a good selection of listings, with an average of 81 rentals available each month. The majority of these listings are 1-bedroom and 2-bedroom apartments, making it a great option for singles, couples, and small families. Many of these apartments offer desirable amenities, including in-unit laundry, air conditioning, and balconies, which are available in over 75% of the apartments. With its vibrant arts and culture scene, trendy restaurants, and proximity to downtown Toronto, West Queen West is a popular choice for renters looking for a lively and convenient place to call home.

West Queen West, Toronto rental market trends

The West Queen West rental market in Toronto saw a decline of approximately 5.5% in 2024, with the average monthly rent for all bed types and properties sitting at around $2,703. Breaking it down by bed count, 1-bedrooms averaged $2,424 per month, a 2% decrease from the previous year. The average rent for 2-bedrooms was about $2,902, an 8% decrease, while studios averaged $2,170, a 2.8% decrease. Notably, 3-bedrooms saw a 13.5% increase, averaging $3,913 per month.

In terms of seasonality, September typically sees the highest rent prices, with a 7.4% increase compared to February, the month with the lowest rent. If you're looking for a new apartment, February might be a good time to find a deal. On the other hand, if you're looking to rent out a property, September may be the best time to capitalize on the higher demand. Keep in mind that these trends can help inform your decision, whether you're a renter or a landlord.

Why West Queen West, Toronto is a great place to live

We've analyzed data from the last few years to understand what makes West Queen West an attractive neighborhood for renters. It's clear that this area excels in two key areas: environmental sustainability and fitness and wellness.

For those prioritizing eco-friendliness, West Queen West stands out due to its emphasis on waste recycling and composting, sustainable building materials, and community solar projects. The neighborhood's high walk and transit scores also make it easy to get around without a car.

Meanwhile, fitness enthusiasts will appreciate the prevalence of onsite gym equipment, fitness centers, and health and wellness events. Many buildings also feature natural lighting, soundproofing, and advanced HVAC systems, creating a comfortable environment for residents to focus on their well-being. If you value a healthy lifestyle and a reduced carbon footprint, West Queen West is definitely worth considering.