What's the average rent in Newmarket, ON?

Rental Market Trends in Newmarket, ON

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Newmarket, ON is $2,200 per month, which is 15% higher than the national average rent of $1,910 per month.

AVERAGE RENT

$2,200

-2.2%-$50 decrease month-over-month

-7.6%-$180 decrease year-over-year

AVAILABLE RENTALS

189

APARTMENTS

$2,189

HOUSES

$2,850

TOWNHOUSES

$3,000

As of May 2026, apartments are the most affordable rental option in Newmarket, ON at $2,189 per month, while townhomes are the most expensive at $3,000 per month. Houses average $2,850 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,790
2 Bedrooms	$1,869
3 Bedrooms	$2,850
4 Bedrooms	$3,500
All	$2,200

As of May 2026, the average rent for a 1 bedroom rental in Newmarket, ON is $1,790 per month, followed by $1,869 for a 2 bedroom rental, $2,850 for a 3 bedroom rental, and $3,500 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$2,100
2 Bedrooms	$2,800
3 Bedrooms	$3,100
4 Bedrooms	$3,100
All	$3,000

As of May 2026, the average rent for a 1 bedroom townhome in Newmarket, ON is $2,100 per month, followed by $2,800 for a 2 bedroom townhome, $3,100 for a 3 bedroom townhome, and $3,100 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,600
2 Bedrooms	$1,850
3 Bedrooms	$2,500
4 Bedrooms	$3,100
All	$1,950

As of May 2026, the average rent for a 1 bedroom apartment in Newmarket, ON is $1,600 per month, followed by $1,850 for a 2 bedroom apartment, $2,500 for a 3 bedroom apartment, and $3,100 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,550
2 Bedrooms	$1,850
3 Bedrooms	$2,900
4 Bedrooms	$3,500
All	$2,850

As of May 2026, the average rent for a 1 bedroom house in Newmarket, ON is $1,550 per month, followed by $1,850 for a 2 bedroom house, $2,900 for a 3 bedroom house, and $3,500 for a 4 bedroom house.