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City in Ontario
Condos for rent under $700K in Newmarket
9 condos in Newmarket are listed for rent under $700K, which is 5% of everything for rent. The most active neighbourhoods are Central Newmarket and Huron Heights-Leslie Valley.
87,942 people lived in Newmarket at the 2021 Census, in 30,260 households. 76% of households owned their home and 24% rented. The most common homes were single-detached houses (60%) and row houses (13%). 30% of homes were built before 1981, and 12% since 2011. 90% of commuters went to work by car and 4% by public transit.
Newmarket, Ontario
© Wikimedia Commons contributors (CC BY-SA)
At a glance
Condos for Rent in Newmarket Under $700K
Listed 7 days ago
Unit 401, 49 Charles Street
Newmarket (Gorham-College Manor), ON L3Y 3V7
Condo ApartmentFor Rent
Listed 15 days ago
Unit 406, 49 Charles Street
Newmarket (Central Newmarket), ON L3Y 3V7
Condo ApartmentFor Rent
Listed 19 days ago
Unit 114, 185 Deerfield Road
Newmarket (Central Newmarket), ON L3Y 0G7
Condo ApartmentFor Rent
Listed 24 days ago
Unit 27, 17 Lytham Green Circle
Newmarket (Glenway Estates), ON L3Y 0H4
Condo ApartmentFor Rent
Listed Sep 1, 2026
Unit 507, 715 Davis Drive
Newmarket (Huron Heights-Leslie Valley), ON L3Y 0J2
Condo ApartmentFor Rent
Listed Aug 28, 2026
Unit 409, 705 Davis Drive
Newmarket (Huron Heights-Leslie Valley), ON L3Y 2R2
Condo ApartmentFor Rent
Day to dayLivability
58
Walkability
out of 100 · averaged over 70,277 past and present listings
Average walk score reported on listings here
6.4
Schools near listings
out of 10 · averaged over 70,277 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
$992,944
In Newmarket
$992,944
In Ontario
$716,900
Median monthly rent
$2,150/mo
In Newmarket
$2,150
In Ontario
$2,499
$662
Per square foot
≈ 38.5 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
314
Median $992,944
Houses 266 · Condos 48
For rent
182
Median $2,150
Houses 164 · Condos 18
Recently sold
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Recently leased
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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
- Good access to parks and recreational areas
- Diverse dining options available
- Community-oriented with local amenities
Keep in mind
- Home prices are above the provincial median
- Median rent is close to the provincial average
The feel of the placeLifestyle
Daily life in Newmarket offers a balance of urban and suburban feel. Residents enjoy local amenities and community events.
Within the boundaryWhat's nearby
The boundary
38.7 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
72
Parks
110
Playgrounds
1
Transit stations
14
Grocery stores
79
Restaurants
29
Cafés
13
Gyms
1
Libraries
21
Pharmacies
Counted across all 38.7 km² of Newmarket. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
6.4/10
Average rating of the 25 rated schools in this area
37
Elementary
10
Secondary
Newmarket High School
Public · Grades 9–12 · York Region DSB
8.5/108.1 over 5 yrs42nd of 742 Ontario secondary schools
1,515 students · EQAO 2024-2025
Alexander Muir Public School
Public · Grades JK–8 · York Region DSB
7.6/106.7 over 5 yrs516th of 3,045 Ontario elementary schools
540 students · EQAO 2024-2025
Clearmeadow Public School
Public · Grades JK–8 · York Region DSB
7.6/106.2 over 5 yrs516th of 3,045 Ontario elementary schools
560 students · EQAO 2024-2025
St Paul Catholic Elementary School
Catholic · Grades JK–8 · York CDSB
7.5/10571st of 3,045 Ontario elementary schools
150 students · EQAO 2024-2025
Bogart Public School
Public · Grades JK–8 · York Region DSB
7.3/107.7 over 5 yrs687th of 3,045 Ontario elementary schools
695 students · EQAO 2024-2025
Sacred Heart Catholic High School
Catholic · Grades 9–12 · York CDSB
7.2/107.0 over 5 yrs178th of 742 Ontario secondary schools
1,240 students · EQAO 2024-2025
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Newmarket, 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
87,942
Population (2021)
38.5 km²
Area
2,284
People per km²
42.7
Median age
$116,834
Median income
76%
Own their home
2.9
People per household
30,260
Households
Every age
- Children (under 15)16.5%
- Working age (15–64)67.6%
- Seniors (65+)15.9%
What is built here
- Detached houses59.9%
- Semi-detached7.4%
- Townhouses12.8%
- Duplexes6.6%
- Low-rise apartments7.7%
- High-rise apartments5%
- Other attached homes0.6%
Own or rent
76%Owners
24%Renters
Across 30,260 households
When it was built
Mostly 1991–2000
- 1960 or earlier10%
- 1961–198020%
- 1981–199018%
- 1991–200021%
- 2001–200510%
- 2006–20108%
- 2011–20156%
- 2016–20216%
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.
- 33.4%
- Born outside Canada
- 32.5%
- Hold a degree or higher
- 58.5%
- Employment rate
- 3.5%
- Commute by transit
- 90%
- Commute by car
- 1.7
- Children per family
- $100,011
- Median income after tax
- $134,695
- Average household income
- 7.5%
- Living on a low income
- $1,917/mo
- Renters pay, per month
- $1,969/mo
- Owners pay, per month
- $971,419
- Median home value at census
- 32.5%
- Renters spending 30%+ of income on housing
- 21.7%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 104 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)
Common questions about condos for rent under $700K in Newmarket
How many condos in Newmarket rent for under $700K?
9 condos in Newmarket are listed for rent under $700K today, 5% of the 182 homes for rent. Their median rent is $2,400/mo.
All rentals in NewmarketWhat kind of condo can I rent in Newmarket for under $700K?
Under $700K, Newmarket has condo apartments (9) for rent. Most have 1 to 2 bedrooms.
Condos for rent in NewmarketMore Rentals in Newmarket
182 homes are for rent in Newmarket. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.