Apartments for Rent in Yorkville, Toronto, ON

Yorkville, Toronto apartment availability

Yorkville's rental market offers a good selection of listings, with an average of 46 rentals available each month. The majority of these rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of 3-bedroom apartments and studios also available. Many of these apartments feature popular amenities such as air conditioning, in-unit laundry, and dishwashers, making them attractive options for renters. With these amenities available in over 70% of apartments, Yorkville is a great neighborhood for those looking for convenience and comfort in their rental home.

Yorkville, Toronto rental market trends

Yorkville's rental market has experienced a slight decline in 2024, with the average monthly rent across all property types decreasing by 3.5% year-over-year to approximately $3,392. This trend is largely driven by the decrease in studio and 1-bedroom rents, which fell by 6.8% and 1.8% respectively. In contrast, 2-bedroom and 3-bedroom units saw significant increases of 51.4% and 44.2% respectively, now averaging $7,171 and $12,487 per month.

The most expensive month to rent in Yorkville is January, with prices 33.4% higher than in April, the least expensive month. This suggests that renters looking for a better deal should consider apartment hunting in the spring. Overall, Yorkville's rental market offers a range of options, with studios and 1-bedrooms providing more affordable choices, while larger units command a premium.

Why Yorkville, Toronto is a great place to live

Yorkville stands out as a top neighborhood in Toronto for those prioritizing social life and environmental sustainability. According to 2024 data, Yorkville's focus on eco-friendly living is reflected in its use of non-toxic paint, rainwater harvesting, recycling programs, and energy-efficient appliances in many of its apartments. The neighborhood's walk score and access to community solar projects further contribute to its environmental sustainability. Yorkville is also an ideal spot for social butterflies, with its high walk score, frequent transit options, and emphasis on safety and shared community spaces. Overall, Yorkville offers a unique blend of eco-conscious living and vibrant social opportunities, making it an attractive choice for like-minded renters.