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City in Ontario

Homes for rent under $1M in Caledon

71 homes in Caledon are listed for rent under $1M, which is 99% of everything for rent. Most are detached houses, and the most active neighbourhoods are Rural Caledon and Bolton West.

suburban nature-focused tranquil

76,581 people lived in Caledon at the 2021 Census, in 23,705 households. 89% of households owned their home and 11% rented. The most common homes were single-detached houses (81%) and row houses (8%). 30% of homes were built before 1981, and 21% since 2011. 95% of commuters went to work by car and 1% by public transit.

Population: 66,502

Caledon, Ontario

Homes for Rent in Caledon Under $1M

Day to dayLivability

Walkability

out of 100 · averaged over 35,025 past and present listings

Average walk score reported on listings here

6.2

Schools near listings

out of 10 · averaged over 35,025 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

$1,350,000

88% above Ontario

In Caledon

$1,350,000

In Ontario

$716,900

Median monthly rent

$2,875/mo

15% above Ontario

In Caledon

$2,875

In Ontario

$2,499

$1,179

Per square foot

≈ 39.1 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

501

Median $1,350,000

Houses 488 · Condos 13

For rent

Median $2,875

Houses 70 · Condos 1

Recently sold

Recently leased

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

Access to parks for outdoor activities
Spacious homes with a suburban feel
Good transit options available

Keep in mind

Higher prices than provincial median
Limited school options in the area

The feel of the placeLifestyle

Daily life in Caledon is relaxed, with many outdoor activities available. Residents enjoy a quieter suburban atmosphere.

Great for families first-time buyers those seeking space

Within the boundaryWhat's nearby

The boundary

690.4 km²

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

Parks

109

Playgrounds

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 690.4 km² of Caledon. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

6.2/10

Average rating of the 23 rated schools in this area

Elementary

Secondary

Macville Public School
Public · Grades JK–8 · Peel DSB
9.3/108.2 over 5 yrs
53rd of 3,045 Ontario elementary schools
300 students · EQAO 2024-2025
St John the Baptist Elementary School
Catholic · Grades JK–8 · Dufferin-Peel CDSB
8.4/107.1 over 5 yrs
209th of 3,045 Ontario elementary schools
350 students · EQAO 2024-2025
Mayfield Secondary School
Public · Grades 9–12 · Peel DSB
7.2/10
178th of 742 Ontario secondary schools
1,865 students · EQAO 2024-2025
Holy Family School
Catholic · Grades JK–8 · Dufferin-Peel CDSB
7.0/106.7 over 5 yrs
888th of 3,045 Ontario elementary schools
400 students · EQAO 2024-2025
SouthFields Village (Elementary)
Public · Grades JK–8 · Peel DSB
6.8/107.1 over 5 yrs
1,026th of 3,045 Ontario elementary schools
1,045 students · EQAO 2024-2025
St Cornelius School
Catholic · Grades JK–8 · Dufferin-Peel CDSB
6.7/106.9 over 5 yrs
1,101st of 3,045 Ontario elementary schools
510 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Caledon, 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

76,581

Population (2021)

688.8 km²

Area

111

People per km²

41.8

Median age

$135,273

Median income

89%

Own their home

3.3

People per household

23,705

Households

Every age

Children (under 15)17.2%
Working age (15–64)68.0%
Seniors (65+)14.8%

What is built here

Detached houses80.5%
Semi-detached6.9%
Townhouses7.6%
Duplexes1.4%
Low-rise apartments2%
High-rise apartments1.1%

Own or rent

89%Owners

11%Renters

Across 23,705 households

When it was built

Mostly 1991–2000

1960 or earlier10%
1961–198019%
1981–199013%
1991–200021%
2001–200510%
2006–20105%
2011–201510%
2016–202111%

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.

29.2%
Born outside Canada: 26.2%
Hold a degree or higher: 61.1%
Employment rate: 0.8%
Commute by transit: 95.2%
Commute by car: 1.9
Children per family: $114,696
Median income after tax: $156,316
Average household income: 4.6%
Living on a low income: $1,917/mo
Renters pay, per month: $2,030/mo
Owners pay, per month: $1,158,456
Median home value at census: 25.4%
Renters spending 30%+ of income on housing: 19.6%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 93 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 homes for rent under $1M in Caledon

How many homes in Caledon rent for under $1M?

71 homes in Caledon are listed for rent under $1M today, 99% of the 72 homes for rent. Their median rent is $2,750/mo.

All rentals in Caledon

What kind of home can I rent in Caledon for under $1M?

Under $1M, Caledon has detached houses (44), freehold townhouses (9) and semi-detached homes (4) for rent. Most have 1 to 6 bedrooms.

Houses for rent in Caledon

Keep looking

More Rentals in Caledon

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