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City in Ontario

Homes for rent under $1M in Newmarket

187 homes in Newmarket are listed for rent under $1M, which is 99% of everything for rent. Most are detached houses, and the most active neighbourhoods are Huron Heights-Leslie Valley and Central Newmarket.

family-friendly community-focused suburban

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.

Population of 84,224 residents Walkability score: 58

Newmarket, Ontario

Homes for Rent in Newmarket Under $1M

Day to dayLivability

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

$998,940

39% above Ontario

In Newmarket

$998,940

In Ontario

$716,900

Median monthly rent

$2,165/mo

13% below Ontario

In Newmarket

$2,165

In Ontario

$2,499

$662

Per square foot

≈ 38.5 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

302

Median $998,940

Houses 257 · Condos 45

For rent

188

Median $2,165

Houses 166 · Condos 22

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

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.

Great for first-time buyers families young professionals

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.

Parks

110

Playgrounds

Transit stations

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 38.7 km² of Newmarket. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

6.4/10

Average rating of the 25 rated schools in this area

Elementary

Secondary

Newmarket High School
Public · Grades 9–12 · York Region DSB
8.5/108.1 over 5 yrs
42nd 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 yrs
516th 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 yrs
516th of 3,045 Ontario elementary schools
560 students · EQAO 2024-2025
St Paul Catholic Elementary School
Catholic · Grades JK–8 · York CDSB
7.5/10
571st 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 yrs
687th 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 yrs
178th 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)

Questions, answered

Common questions about homes for rent under $1M in Newmarket

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

187 homes in Newmarket are listed for rent under $1M today, 99% of the 188 homes for rent. Their median rent is $2,180/mo.

All rentals in Newmarket

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

Under $1M, Newmarket has detached houses (102), semi-detached homes (31) and freehold townhouses (17) for rent. Most have 1 to 4 bedrooms.

Houses for rent in Newmarket

Keep looking

More Rentals in Newmarket

188 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.