What's the average rent in Richmond Hill, ON?

Rental Market Trends in Richmond Hill, ON

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Richmond Hill, ON is $2,400 per month, which is 22% higher than the national average rent of $1,962 per month.

AVERAGE RENT

$2,400

-2.0%-$50 decrease month-over-month

-14.3%-$400 decrease year-over-year

AVAILABLE RENTALS

531

APARTMENTS

$2,223

HOUSES

$3,300

TOWNHOUSES

$3,300

As of September 2026, apartments are the most affordable rental option in Richmond Hill, ON at $2,223 per month, while townhomes are the most expensive at $3,300 per month. Houses average $3,300 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,650
2 Bedrooms	$2,000
3 Bedrooms	$3,100
4 Bedrooms	$3,950
All	$2,400

As of September 2026, the average rent for a 1 bedroom rental in Richmond Hill, ON is $1,650 per month, followed by $2,000 for a 2 bedroom rental, $3,100 for a 3 bedroom rental, and $3,950 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,550
2 Bedrooms	$2,800
3 Bedrooms	$3,400
4 Bedrooms	$3,700
All	$3,300

As of September 2026, the average rent for a 1 bedroom townhome in Richmond Hill, ON is $1,550 per month, followed by $2,800 for a 2 bedroom townhome, $3,400 for a 3 bedroom townhome, and $3,700 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,680
2 Bedrooms	$2,150
3 Bedrooms	$2,900
4 Bedrooms	$3,029
All	$2,000

As of September 2026, the average rent for a 1 bedroom apartment in Richmond Hill, ON is $1,680 per month, followed by $2,150 for a 2 bedroom apartment, $2,900 for a 3 bedroom apartment, and $3,029 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,600
2 Bedrooms	$1,900
3 Bedrooms	$2,950
4 Bedrooms	$4,180
All	$3,300

As of September 2026, the average rent for a 1 bedroom house in Richmond Hill, ON is $1,600 per month, followed by $1,900 for a 2 bedroom house, $2,950 for a 3 bedroom house, and $4,180 for a 4 bedroom house.