Condos for Rent in Newcastle, Clarington, ON
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Neighbourhood in Clarington
Newcastle
Newcastle is a quiet neighbourhood in Clarington, Ontario. It offers a mix of family-friendly amenities and a suburban feel.
At a glance
Listed 7 days ago
Unit 410, 50 lakebreeze Drive
Clarington (Newcastle), ON L1B 0V9
Condo ApartmentFor Rent
Listed 13 days ago
Unit 202, 65 Shipway Avenue
Clarington (Newcastle), ON L1B 0W2
Condo ApartmentFor Rent
Listed Sep 14, 2026
Unit 203, 65 Shipway Avenue
Clarington (Newcastle), ON L1B 0B7
Condo ApartmentFor Rent
Day to dayLivability
6.2
Schools near listings
out of 10 · averaged over 975 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
$699,999
In Newcastle
$699,999
In Clarington
$785,900
In Ontario
$717,000
Median monthly rent
$2,100/mo
In Newcastle
$2,100
In Clarington
$2,725
In Ontario
$2,500
≈ 27.8 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
81
Median $699,999
Houses 70 · Condos 11
For rent
11
Median $2,100
Houses 6 · Condos 5
Recently sold
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Recently leased
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Market data as of 2026-10-10. 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 city median prices
- Family-friendly with many parks and playgrounds
- Low percentage of low-income households
- Strong sense of community and low population density
Keep in mind
- Limited public transit options
- Higher unemployment rate at 10.5%
The feel of the placeLifestyle
Daily life in Newcastle is relaxed and community-oriented, with access to local amenities. Residents enjoy a suburban lifestyle with parks and schools nearby.
Within the boundaryWhat's nearby
The boundary
8.6 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
14
Parks
15
Playgrounds
2
Grocery stores
3
Restaurants
2
Cafés
1
Gyms
1
Libraries
1
Pharmacies
Counted across all 8.6 km² of Newcastle. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
6.2/10
Average rating of the 1 rated school in this area
2
Elementary
St. Francis of Assisi Catholic Elementary School
Catholic · Grades JK–8 · Peterborough Victoria Northum Clarington CDSB
6.2/105.6 over 5 yrs1,444th of 3,045 Ontario elementary schools
575 students · EQAO 2024-2025
Newcastle Public School
Public · Grades JK–6 · Kawartha Pine Ridge DSB
Not rated
660 students · EQAO 2024-2025
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Newcastle, 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
9,937
Population (2021)
14.6 km²
Area
682
People per km²
41.6
Median age
$113,755
Median income
86%
Own their home
2.8
People per household
3,650
Households
Every age
- Children (under 15)19.9%
- Working age (15–64)61.2%
- Seniors (65+)18.9%
What is built here
- Detached houses81.6%
- Townhouses5.5%
- Duplexes1.4%
- Low-rise apartments10%
- High-rise apartments1.2%
Own or rent
86%Owners
14%Renters
Across 3,650 households
When it was built
- 1960 or earlier9%
- 1961–198013%
- 1981–199018%
- 1991–20008%
- 2001–200514%
- 2006–201012%
- 2011–201512%
- 2016–202114%
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.
- 13.8%
- Born outside Canada
- 20.2%
- Hold a degree or higher
- 57.2%
- Employment rate
- 1.2%
- Commute by transit
- 93.5%
- Commute by car
- 1.8
- Children per family
- $97,115
- Median income after tax
- $131,166
- Average household income
- 4.6%
- Living on a low income
- $1,821/mo
- Renters pay, per month
- $1,683/mo
- Owners pay, per month
- $736,918
- Median home value at census
- 30.5%
- Renters spending 30%+ of income on housing
- 12.6%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 12 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
What condos in Newcastle actually rent for
At least 12 condos were leased in Newcastle over the 12 months to September 2026. Half leased above $2,283 and half below, 0.2% lower than the 12 months before. A typical condo found its tenant in 22 days — 6 days quicker than a year ago.
4 of the last 12 months had at least 5 closed condos sales in Newcastle. Quieter months are left out rather than shown as a median over a handful of homes, so the totals here are a floor.
- Median rent
- $2,283
- -0.2% year over year
- Days to lease
- 22
- 6 days quicker
- Leases closed
- 12
- last 12 months
- Rent per square foot
- $3.05/mo
- from 12 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 condo here differs from the next.
What renters actually paid
$3,000/mo
on a $3,000 asking rent — right at the asking rent
- Of the asking rent
- 100.0%
- Leased over asking
- 8.3%
From 12 leases that closed here in the last 12 months.
Rent or buy in Newcastle
17.7 years
of rent, at the going rate here, adds up to what a condo here costs.
Median sold price
$486,190
21 sales
Median rent
$2,283/mo
12 leases
Gross rental yield
5.63%
before costs
Both figures come from deals that actually closed in Newcastle 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 — Newcastle, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Apr 2026 | 7 | $2,200 | $2,125 – $2,200 | 28 | 100.0% |
| Dec 2025 | 5 | $2,400 | $2,350 – $2,450 | 13 | 100.0% |
| Sep 2025 | 5 | $2,250 | $2,200 – $2,250 | 24 | 100.0% |
| Jun 2025 | 5 | $2,325 | $2,300 – $2,349 | 32 | 100.0% |
What people ask about Newcastle
How much does a condo cost in Newcastle?
Condos in Newcastle sold for a median of $486,190 over the 12 months to September 2026, across at least 21 closed sales — half sold for more and half for less. That is 9.1% lower than the 12 months before it.
How long does it take to sell a condo in Newcastle?
A condo in Newcastle took a median of 32 days on the market over the 12 months to September 2026. Condos there closed at 97.3% of the asking price on average, with 9.5% selling over asking.
How much is rent for a condo in Newcastle?
The median condo lease in Newcastle closed at $2,283 a month over the 12 months to September 2026, across at least 12 leases.
Is it cheaper to rent or buy a condo in Newcastle?
A condo in Newcastle costs about 17.7 years of the rent on one — the median price of $486,190 against a median rent of $2,283 a month, a gross yield of 5.63%. The shorter that number, the closer buying is to renting before financing costs.
Compiled by HOMEH from leases reported closed in Newcastle 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 condo. Not an appraisal or an opinion of value.