Apartments for Rent in Smithfield, Toronto, ON

Smithfield, a residential pocket within Toronto, maintains a steady rental presence with an average of 36 listings available per month, representing about 0.4% of Toronto's total inventory. Two-bedroom apartments lead the market at 42% of listings, followed by one-bedroom and three-bedroom units each accounting for 25%. Studios are less common, making up only 6% of monthly listings.

Smithfield apartments cater to renters seeking practical amenities in Toronto's residential landscape. Parking tops the list at 62% of available units, essential for residents in this neighborhood setting. On-site laundry facilities and pet-friendly policies are equally widespread, each appearing in 59% of listings, reflecting the area's appeal to renters with everyday convenience needs. These figures are based on historical data, but they should give you a sense of what to expect in the current market.

Smithfield's rolling 12-month average as of the beginning of Jul 2026 rental market averaged $2,410 per month across all property types, down 10.6% year over year from rolling 12-month average as of the beginning of Jul 2025. 2-bedrooms saw the largest decline at 10.5%, now averaging $2,450 monthly, while 3-bedrooms dropped 1.4% to $3,140 per month. 1-bedrooms fell 3.3% to $2,100, and studios declined 9.7% to $1,660.

February has the highest rent in this Toronto neighborhood, about 10.5% higher than December. Renters with flexible timing may find better pricing and more available units in late fall and early winter.

If you are searching for a new apartment in Smithfield, considering December might result in lower prices given the seasonal pricing patterns.

Smithfield is a neighborhood that aligns with the values of environmentally conscious and socially active individuals. Our analysis of local amenities and apartment features reveals a strong focus on sustainability, with many buildings incorporating eco-friendly elements such as non-toxic paint, rainwater harvesting, and low-flow fixtures. The area's commitment to community solar projects and sustainable construction materials further solidifies its reputation as a hub for environmental sustainability. Additionally, Smithfield's excellent transit score, walk score, and street infrastructure make it an ideal location for those who value a vibrant social life, with easy access to various transportation options and a safe, pedestrian-friendly environment. If you prioritize the health of the planet and enjoy being connected to your community, Smithfield is an excellent choice.

Smithfield stands out among Toronto neighborhoods for renters who prioritize social connectivity and walkable urban living. The neighborhood's transit score and walk score create an environment where residents can easily navigate their daily routines without relying heavily on personal vehicles.

The social scene in Smithfield benefits from strong street infrastructure and transit frequency that connects residents to Toronto's broader entertainment and dining options. The neighborhood's walkability metrics and transit access make it straightforward for renters to explore local restaurants and engage with the wider Toronto social landscape.

For renters drawn to Smithfield's walkable streets and transit-connected lifestyle within Toronto, this neighborhood delivers on urban convenience and social accessibility.