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City in Ontario

Apartments & homes for rent in Central Elgin

Name: HOMEH Market Pulse — Central Elgin closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

There are 14 rentals in Central Elgin, ON, with a median rent of $2,150/mo. 8 have 2 bedrooms.

quiet community-oriented affordable

13,746 people lived in Central Elgin at the 2021 Census, in 5,460 households. 90% of households owned their home and 10% rented. The most common homes were single-detached houses (92%) and low-rise apartments (3%). 58% of homes were built before 1981, and 12% since 2011. 96% of commuters went to work by car and 0% by public transit.

Six properties available for rent Three parks in the area One school in the city

Central Elgin, Ontario

Central Elgin Rentals

Day to dayLivability

Walkability

out of 100 · averaged over 4,841 past and present listings

Average walk score reported on listings here

6.5

Schools near listings

out of 10 · averaged over 4,841 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

$649,900

9% below Ontario

In Central Elgin

$649,900

In Ontario

$716,900

Median monthly rent

$2,150/mo

14% below Ontario

In Central Elgin

$2,150

In Ontario

$2,499

$402

Per square foot

≈ 25.2 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

111

Median $649,900

Houses 89 · Condos 22

For rent

Median $2,150

Houses 12 · Condos 2

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

Affordable compared to provincial median prices
Variety of residential and condo options
Community parks for outdoor activities
Low competition with only six rentals available

Keep in mind

Limited public transit options
Walkability score is low at 20
Fewer amenities compared to larger cities

The feel of the placeLifestyle

Daily life in Central Elgin is calm and community-oriented, with basic amenities within reach. Residents enjoy a quieter pace of living.

Great for first-time buyers small families retirees

Within the boundaryWhat's nearby

The boundary

280.6 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

Playgrounds

Transit stations

Restaurants

Cafés

Gyms

Libraries

Counted across all 280.6 km² of Central Elgin. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

5.9/10

Average rating of the 2 rated schools in this area

Elementary

Kettle Creek Public School
Public · Grades JK–8 · Thames Valley DSB
6.7/10
1,101st of 3,045 Ontario elementary schools
415 students · EQAO 2024-2025
New Sarum Public School
Public · Grades JK–8 · Thames Valley DSB
5.0/105.8 over 5 yrs
2,196th of 3,045 Ontario elementary schools
220 students · EQAO 2024-2025
Eva Circe-Cote FI
Public · Thames Valley DSB
Not rated
Eva Circe-Cote French Immersion Public School
Public · Grades JK–8 · Thames Valley DSB
Not rated
245 students · EQAO 2024-2025

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

13,746

Population (2021)

279.9 km²

Area

People per km²

48.9

Median age

$104,833

Median income

90%

Own their home

2.5

People per household

5,460

Households

Every age

Children (under 15)14.6%
Working age (15–64)62.5%
Seniors (65+)22.9%

What is built here

Detached houses92.4%
Semi-detached0.7%
Townhouses2.3%
Duplexes0.9%
Low-rise apartments3.2%

Own or rent

90%Owners

10%Renters

Across 5,460 households

When it was built

Mostly 1960 or earlier

1960 or earlier34%
1961–198024%
1981–19908%
1991–200011%
2001–20056%
2006–20103%
2011–20154%
2016–20218%

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.

9.8%
Born outside Canada: 19%
Hold a degree or higher: 56.9%
Employment rate: 0%
Commute by transit: 96.3%
Commute by car: 1.7
Children per family: $90,608
Median income after tax: $119,313
Average household income: 4.9%
Living on a low income: $1,061/mo
Renters pay, per month: $1,213/mo
Owners pay, per month: $594,366
Median home value at census: 15.4%
Renters spending 30%+ of income on housing: 9.8%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 20 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)

HOMEH Market Pulse Through September 2026 Thin sales history — read the monthly counts

What Rent Costs in Central Elgin

29 homes were leased in Central Elgin over the 12 months to September 2026. Half leased above $2,484 and half below, 2.4% higher than the 12 months before. A typical home found its tenant in 44 days — 2 days slower than a year ago.

Median rent: $2,484; +2.4% year over year
Days to lease: 44; 2 days slower
Leases closed: 29; last 12 months
Rent per square foot: $1.95/mo; from 27 sized leases

Three years of rents

The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one home here differs from the next.

What renters actually paid

$3,006/mo

on a $3,000 asking rent — over ask by $6

−10%Asking rent+10%

Of the asking rent: 100.2%
Leased over asking: 17.2%

From 29 leases that closed here in the last 12 months.

Rent or buy in Central Elgin

21.3 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$636,317

210 sales

Median rent

$2,484/mo

29 leases

Gross rental yield

4.68%

before costs

Both figures come from deals that actually closed in Central Elgin over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

Every month behind these charts — Central Elgin, rentals

Monthly closed leases in Central Elgin
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	3	Not enough leases this month to report a median
Aug 2026	4	Not enough leases this month to report a median
Jun 2026	4	Not enough leases this month to report a median
May 2026	2	Not enough leases this month to report a median
Apr 2026	4	Not enough leases this month to report a median
Mar 2026	2	Not enough leases this month to report a median
Feb 2026	6	$2,450	$2,138 – $2,763	85	100.0%
Jan 2026	2	Not enough leases this month to report a median
Nov 2025	2	Not enough leases this month to report a median
Sep 2025	1	Not enough leases this month to report a median
Jul 2025	1	Not enough leases this month to report a median
Jun 2025	1	Not enough leases this month to report a median
May 2025	1	Not enough leases this month to report a median
Apr 2025	1	Not enough leases this month to report a median
Jan 2025	4	Not enough leases this month to report a median
Dec 2024	1	Not enough leases this month to report a median
Nov 2024	1	Not enough leases this month to report a median
Oct 2024	1	Not enough leases this month to report a median
Sep 2024	2	Not enough leases this month to report a median
Aug 2024	3	Not enough leases this month to report a median
Jul 2024	2	Not enough leases this month to report a median
Jun 2024	1	Not enough leases this month to report a median
May 2024	1	Not enough leases this month to report a median
Mar 2024	2	Not enough leases this month to report a median
Feb 2024	3	Not enough leases this month to report a median
Nov 2023	2	Not enough leases this month to report a median
Oct 2023	1	Not enough leases this month to report a median

26 of these months closed fewer than 5 leases. A middle value taken over that few is not a market figure — with one lease it is simply that lease — so the count is shown and the median is not. The leases themselves still count toward the 12-month figures above.

What people ask about Central Elgin

How much is rent in Central Elgin?

The median lease in Central Elgin closed at $2,484 a month over the 12 months to September 2026, across 29 leases.

Compiled by HOMEH from leases reported closed in Central Elgin on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.

Questions, answered

Common questions about apartments & homes for rent in Central Elgin

What is the average rent in Central Elgin?

The median rent of the 14 rentals in Central Elgin is $2,150/mo, from $1,450 to $2,750 a month.

Houses for rent in Central Elgin

How much is a 2-bedroom apartment in Central Elgin?

8 2-bedroom rentals are listed in Central Elgin, with a median rent of $2,100/mo.

Condos for rent in Central Elgin

Keep looking

More Apartments & Homes for Rent in Central Elgin

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