Apartments for Rent in Woburn, Toronto, ON

Woburn, Toronto apartment availability

Woburn's rental market offers a good selection of listings, with an average of 36 rentals available each month. The neighborhood's inventory is relatively balanced, with 1-bedroom, 2-bedroom, and 3-bedroom apartments making up the majority of listings. Many Woburn apartments offer convenient amenities, including on-site laundry, available in 72% of apartments, and parking options, such as garage parking and assigned parking, available in 57% and 63% of apartments, respectively. This mix of amenities and apartment types makes Woburn a practical choice for renters seeking a range of options in a Toronto neighborhood.

Woburn, Toronto rental market trends

The Woburn neighborhood in Toronto saw a moderate increase in rent prices last year, with an average monthly rent of $2,557, representing a 4.6% year-over-year increase. Breaking it down by bed count, 1-bedrooms averaged $2,269 per month, with a 2.6% annual increase, while 2-bedrooms reached $2,670, with a 5.9% increase. The average rent for 3-bedrooms was $3,048, with a 7.7% increase, and studios averaged $1,900, with a significant 39.9% increase.

In Woburn, the highest rent prices are typically found in November, with a 12.9% increase compared to the lowest month, February. This suggests that renters may find better deals during the winter 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 Woburn, Toronto is a great place to live

Woburn is a top choice for renters prioritizing environmental sustainability and social living. According to 2024 data, Woburn's apartments often feature eco-friendly elements such as non-toxic paint, sustainable materials, rainwater harvesting, and low-flow fixtures. The neighborhood's strong transit score and walk score also make it an ideal location for maintaining an environmentally conscious lifestyle outside the home. Additionally, Woburn's transit frequency, street infrastructure, and safety features create a seamless experience for socializing and getting around, making it a prime spot for renters seeking a vibrant community.