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City in Ontario

Condos for rent under $700K in Ajax

2 condos in Ajax are listed for rent under $700K, which is 1% of everything for rent. The most active neighbourhoods are Central West and South West.

family-friendly suburban community-oriented

126,666 people lived in Ajax at the 2021 Census, in 39,440 households. 84% of households owned their home and 16% rented. The most common homes were single-detached houses (65%) and row houses (15%). 23% of homes were built before 1981, and 14% since 2011. 87% of commuters went to work by car and 8% by public transit.

Population: 126,666
Ajax, Ontario — HOMEH neighbourhood guide

Ajax, Ontario

© Wikimedia Commons contributors (CC BY-SA)

At a glance

Condos for Rent in Ajax Under $700K

Photo of Unit 402, 189 Lake Driveway Drive W
For Rent
Listed for:

Listed 17 days ago

$2,350

Unit 402, 189 Lake Driveway Drive W

Ajax (South West), ON L1S 7J1

1Bedroom
1Bathroom
1Parking
700-799Sq Ft

Condo ApartmentFor Rent

Photo of Unit 511, 92 Church Street S
For Rent
Listed for:

Listed 29 days ago

$2,500

Unit 511, 92 Church Street S

Ajax (Central West), ON L1S 6B4

1Bedroom
1Bathroom
1Parking
800-899Sq Ft

Condo ApartmentFor Rent

Day to dayLivability

36

Walkability

out of 100 · averaged over 77,220 past and present listings

Average walk score reported on listings here

6.4

Schools near listings

out of 10 · averaged over 77,220 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$881,944

23% above Ontario

In Ajax

$881,944

In Ontario

$716,900

Median monthly rent

$1,950/mo

22% below Ontario

In Ajax

$1,950

In Ontario

$2,499

$900

Per square foot

≈ 37.7 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

297

Median $881,944

Houses 256 · Condos 41

For rent

154

Median $1,950

Houses 143 · Condos 9

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Variety of parks for outdoor activities
  • Good number of restaurants and grocery stores
  • Family-friendly community with schools

Keep in mind

  • Prices are above the provincial median
  • Limited public transit options

The feel of the placeLifestyle

Daily life in Ajax includes access to parks and local shops. The area is suitable for families and those who enjoy a suburban feel.

Great for first-time buyers families young professionals

Within the boundaryWhat's nearby

The boundary

67.4 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

119

Parks

124

Playgrounds

1

Transit stations

21

Grocery stores

70

Restaurants

19

Cafés

9

Gyms

3

Libraries

15

Pharmacies

Counted across all 67.4 km² of Ajax. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

6.3/10

Average rating of the 36 rated schools in this area

46

Elementary

11

Secondary

  • Alexander Graham Bell Public School

    Public · Grades JK–8 · Durham DSB

    8.3/106.7 over 5 yrs

    231st of 3,045 Ontario elementary schools

    630 students · EQAO 2024-2025

  • Lakeside Public School

    Public · Grades JK–8 · Durham DSB

    8.1/107.0 over 5 yrs

    299th of 3,045 Ontario elementary schools

    295 students · EQAO 2024-2025

  • ÉÉC Notre-Dame-de-la-Jeunesse-Ajax

    Independent · French · Grades JK–6 · CSC MonAvenir

    8.1/107.3 over 5 yrs

    299th of 3,045 Ontario elementary schools

    220 students · EQAO 2024-2025

  • Vimy Ridge Public School

    Public · Grades JK–8 · Durham DSB

    8.0/108.1 over 5 yrs

    337th of 3,045 Ontario elementary schools

    630 students · EQAO 2024-2025

  • Romeo Dallaire Public School

    Public · Grades JK–8 · Durham DSB

    7.9/107.3 over 5 yrs

    387th of 3,045 Ontario elementary schools

    550 students · EQAO 2024-2025

  • Carruthers Creek Public School

    Public · Grades JK–8 · Durham DSB

    7.8/107.1 over 5 yrs

    433rd of 3,045 Ontario elementary schools

    810 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Ajax, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

126,666

Population (2021)

66.6 km²

Area

1,901

People per km²

39.1

Median age

$125,168

Median income

84%

Own their home

3.3

People per household

39,440

Households

Every age

  • Children (under 15)18.8%
  • Working age (15–64)68.1%
  • Seniors (65+)13.1%

What is built here

  • Detached houses64.9%
  • Semi-detached5.7%
  • Townhouses15.3%
  • Duplexes3.5%
  • Low-rise apartments4%
  • High-rise apartments6.7%

Own or rent

84%Owners

16%Renters

Across 39,440 households

When it was built

Mostly 1981–1990

  • 1960 or earlier7%
  • 1961–198016%
  • 1981–199022%
  • 1991–200014%
  • 2001–200512%
  • 2006–201014%
  • 2011–20158%
  • 2016–20215%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

41.8%
Born outside Canada
29.5%
Hold a degree or higher
58.1%
Employment rate
7.8%
Commute by transit
86.8%
Commute by car
1.8
Children per family
$107,501
Median income after tax
$138,194
Average household income
5.6%
Living on a low income
$1,865/mo
Renters pay, per month
$2,132/mo
Owners pay, per month
$863,816
Median home value at census
21.1%
Renters spending 30%+ of income on housing
22.1%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 172 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

Questions, answered

Common questions about condos for rent under $700K in Ajax

How many condos in Ajax rent for under $700K?

2 condos in Ajax are listed for rent under $700K today, 1% of the 154 homes for rent. Their median rent is $2,425/mo.

All rentals in Ajax 

What kind of condo can I rent in Ajax for under $700K?

Under $700K, Ajax has condo apartments (2) for rent.

Condos for rent in Ajax 
Keep looking

More Rentals in Ajax

154 homes are for rent in Ajax. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.