Apartments for Rent in Davenport, Toronto, ON

Davenport, Toronto apartment availability

Davenport's rental market offers a good selection of listings, with an average of 23 rentals available each month. The neighborhood's rental stock is diverse, with a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as some studios. Many of these apartments offer convenient amenities, including in-unit laundry, dishwashers, and air conditioning, which are available in over 70% of rentals. This makes Davenport an attractive option for renters looking for comfort and convenience in a Toronto neighborhood.

Davenport, Toronto rental market trends

Davenport's rental market in Toronto has experienced a notable shift in 2024. The average monthly rent across all property types has decreased by 12.6% year-over-year, now sitting at approximately $3,311. However, this trend varies by bedroom count. Studios have seen a significant 49.7% increase, averaging $2,185 per month, while 1-bedrooms have risen by 4.4% to $2,198. In contrast, 2-bedrooms have decreased by 6.2% to $2,971, and 3-bedrooms have increased by 3.3% to $4,382.

The most expensive month to rent in Davenport is August, with prices 36.5% higher than in December, the least expensive month. This suggests that renters looking for a more affordable option should consider searching during the winter months. Overall, Davenport's rental market offers a range of options, with varying price points depending on the time of year and bedroom count.

Why Davenport, Toronto is a great place to live

Davenport is a top choice for renters prioritizing social living and environmental sustainability. The neighborhood's high walk score, transit score, and street infrastructure make it an ideal spot for those who value easy access to social activities and community engagement. Additionally, Davenport's focus on sustainable materials construction, rainwater harvesting, and community solar projects contribute to its strong environmental sustainability score. Renters can also expect to find apartments with eco-friendly features such as low-flow fixtures, non-toxic paint, and quality insulation. With its unique blend of social and environmental benefits, Davenport offers a distinctive lifestyle that sets it apart from other Toronto neighborhoods.