Apartments for Rent in East Bayfront, Toronto, ON

East Bayfront, Toronto apartment availability

East Bayfront's rental market offers a good selection of listings, with an average of about 50 rentals available each month. The majority of these rentals are 1-bedroom and 2-bedroom apartments, making it a great option for singles, couples, and small families. Many of these apartments offer popular amenities such as swimming pools, fitness centers, and elevators, with over 65% of buildings featuring these conveniences. With its desirable location and range of amenities, East Bayfront is a great choice for renters looking for a comfortable and convenient place to call home.

East Bayfront, Toronto rental market trends

The East Bayfront rental market in Toronto experienced a decline in average rent prices over the past year, with a 7.99% decrease to $2,826 per month. Breaking it down by bedroom count, 1-bedrooms averaged $2,441 per month, a decrease of 8.11% from the previous year. 2-bedrooms rented for an average of $3,324, a 4.19% decrease, while studios averaged $1,948, a significant 18.66% decrease. Conversely, 3-bedrooms saw a substantial 40.62% increase to $8,073 per month.

The rental market in East Bayfront tends to fluctuate throughout the year, with September typically seeing the highest rent prices, 24.2% higher than the lowest month, May. If you're looking for a new apartment, May 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 highest demand. Keep in mind that these trends can help inform your decision, but it's essential to stay up-to-date on current market conditions to make the best choice.

Why East Bayfront, Toronto is a great place to live

East Bayfront is a haven for renters prioritizing environmental sustainability and a vibrant social life. Our analysis of local apartments and amenities reveals a neighborhood that makes eco-friendly living effortless. With features like non-toxic paint, rainwater harvesting, and LEED green certifications, East Bayfront is perfect for those committed to reducing their carbon footprint. The area's excellent walk score and access to community solar projects further enhance its appeal. For social butterflies, East Bayfront's high walk score, frequent transit options, and shared public spaces create a dynamic atmosphere. Additionally, the neighborhood's emphasis on safety and well-designed street infrastructure ensures a secure and enjoyable community experience. If you value a sustainable lifestyle and a lively social scene, East Bayfront is an excellent choice.