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City in Ontario

Houses for rent in Newmarket

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

There are 102 houses and homes for rent in Newmarket today, with a median rent of $2,000/mo (-8% vs. all rentals in Newmarket). 22 are 3-bedroom houses. The most active neighbourhoods are Gorham-College Manor, Huron Heights-Leslie Valley and Bristol-London.

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

Houses & Homes for Rent in Newmarket

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

304

Median $998,940

Houses 257 · Condos 47

For rent

186

Median $2,165

Houses 165 · Condos 21

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)

HOMEH Market Pulse Detached houses only Through September 2026 Deep sales history

What a House Rents For in Newmarket

503 detached houses were leased in Newmarket over the 12 months to September 2026. Half leased above $2,644 and half below, 6.7% lower than the 12 months before. A typical detached house found its tenant in 29 days — 3 days slower than a year ago.

Median rent: $2,644; -6.7% year over year
Days to lease: 29; 3 days slower
Leases closed: 503; last 12 months
Rent per square foot: $1.64/mo; from 456 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 detached house here differs from the next.

$4,191$3,268$2,345$1,422

Feb ’24Dec ’24Nov ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$3,000/mo

on a $3,000 asking rent — right at the asking rent

−10%Asking rent+10%

Of the asking rent: 100.0%
Leased over asking: 12.7%

From 503 leases that closed here in the last 12 months.

Rent or buy in Newmarket

34.5 years

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

Median sold price

$1,093,139

527 sales

Median rent

$2,644/mo

503 leases

Gross rental yield

2.9%

before costs

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

How fast it moves

Median days on market, month by month. Taller means slower.

Oct 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Newmarket, rentals

Monthly closed leases in Newmarket
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	37	$2,500	$1,800 – $3,050	30	100.0%
Aug 2026	49	$2,900	$2,000 – $3,500	31	100.0%
Jul 2026	62	$2,800	$1,820 – $3,288	27	100.0%
Jun 2026	44	$2,875	$1,899 – $3,425	20	100.0%
May 2026	49	$2,250	$1,800 – $3,250	21	100.0%
Apr 2026	28	$2,400	$1,775 – $3,400	25	100.0%
Mar 2026	46	$2,150	$1,763 – $3,223	23	100.0%
Feb 2026	34	$2,550	$1,800 – $3,275	43	100.0%
Jan 2026	42	$2,800	$1,800 – $3,575	39	100.0%
Dec 2025	28	$2,575	$1,700 – $3,425	26	100.0%
Nov 2025	34	$2,500	$1,613 – $3,274	31	100.0%
Oct 2025	50	$3,150	$1,913 – $3,738	30	100.0%
Sep 2025	34	$2,975	$1,813 – $3,775	26	100.0%
Aug 2025	59	$2,650	$1,825 – $3,625	25	100.0%
Jul 2025	35	$3,000	$1,850 – $3,700	19	100.0%
Jun 2025	32	$2,550	$1,970 – $3,500	24	100.0%
May 2025	35	$3,000	$1,945 – $3,525	27	100.0%
Apr 2025	31	$2,700	$2,000 – $3,375	24	100.0%
Mar 2025	29	$2,900	$2,000 – $3,600	25	100.0%
Feb 2025	25	$2,695	$2,000 – $3,500	30	100.0%
Jan 2025	27	$2,950	$2,025 – $3,425	30	100.0%
Dec 2024	27	$2,500	$2,000 – $3,050	29	100.0%
Nov 2024	35	$2,855	$2,525 – $3,500	28	100.0%
Oct 2024	41	$3,200	$2,000 – $3,500	22	100.0%
Sep 2024	39	$2,300	$1,873 – $3,375	17	100.0%
Aug 2024	46	$3,150	$2,363 – $3,688	19	100.0%
Jul 2024	45	$3,600	$3,050 – $4,000	29	100.0%
Jun 2024	35	$3,150	$2,050 – $4,000	37	100.0%
May 2024	33	$3,200	$2,100 – $3,700	37	100.0%
Apr 2024	28	$2,775	$2,188 – $3,200	38	100.0%
Mar 2024	12	$2,648	$2,025 – $3,325	29	100.0%
Feb 2024	9	$2,000	$1,670 – $3,000	22	100.0%

What people ask about Newmarket

How much is rent for a detached house in Newmarket?

The median detached house lease in Newmarket closed at $2,644 a month over the 12 months to September 2026, across 503 leases.

Compiled by HOMEH from leases reported closed in Newmarket 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 detached house. Not an appraisal or an opinion of value.

Questions, answered

Common questions about houses for rent in Newmarket

How much does it cost to rent a house in Newmarket?

The median rent of the 102 houses for rent in Newmarket is $2,000/mo, from $1,200 to $4,500 a month. That is 8% below the median of all rentals in Newmarket.

All rentals in Newmarket

Are there 3- and 4-bedroom houses for rent in Newmarket?

Yes. Newmarket has 22 3-bedroom houses (median $2,775/mo) and 18 4-bedroom houses (median $3,625/mo) for rent right now.

All rentals in Newmarket

Keep looking

More Rentals in Newmarket

186 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.