Apartments for Rent in L'Amoreaux, Toronto, ON

L'Amoreaux, Toronto apartment availability

L'Amoreaux's rental market offers a good selection of listings, with an average of 26 rentals available each month. The neighborhood's rental inventory is relatively diverse, with a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as a few studios. Many of these apartments offer convenient amenities, such as on-site laundry and assigned parking, which are available in about 77% and 76% of the apartments, respectively. Additionally, about 59% of the apartments in L'Amoreaux are pet-friendly, making it a suitable option for renters with dogs.

L'Amoreaux, Toronto rental market trends

The L'Amoreaux neighborhood in Toronto saw a modest increase in rent prices last year, with an average monthly rent of $2,555, representing a 1.4% year-over-year increase. Breaking it down by bedroom count, 1-bedrooms averaged $2,220 per month, a 2.9% increase from the previous year, while 2-bedrooms and 3-bedrooms saw more modest increases of 1.2% and 1.5%, respectively, with average rents of $2,614 and $3,175.

The rental market in L'Amoreaux tends to fluctuate throughout the year, with February typically seeing the highest rent prices, 11.6% higher than the lowest point in June. If you're looking for a new apartment, June may be a good time to find a deal. However, if you're looking to avoid competition, it's best to avoid the most competitive months, although specific data on these months is not available. Keep in mind that studio apartments are not a significant part of the rental market in L'Amoreaux, as there was no data available for studio rentals in 2023, and the 2024 data shows a significant decrease.

Why L'Amoreaux, Toronto is a great place to live

L'Amoreaux stands out as a top choice for renters prioritizing environmental sustainability and social living. According to 2024 data, apartments in this neighborhood often feature eco-friendly elements such as non-toxic paint, sustainable materials, and energy-efficient thermostats. The area's strong transit score and walk score also make it an ideal location for maintaining an environmentally conscious lifestyle outside the home. Additionally, L'Amoreaux's high transit frequency, well-designed street infrastructure, and emphasis on safety contribute to its appeal for renters seeking a vibrant social scene. With its unique blend of green living and urban connectivity, L'Amoreaux is an attractive option for those seeking a balanced lifestyle in Toronto.