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City in Ontario

Townhouses for rent in Newmarket

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

There are 21 townhouses for rent in Newmarket today, with a median rent of $2,995/mo (+36% vs. all rentals in Newmarket). The most active neighbourhoods are Glenway Estates, Woodland Hill 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

Newmarket Townhouse Rentals

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

$998,440

39% above Ontario

In Newmarket

$998,440

In Ontario

$716,900

Median monthly rent

$2,200/mo

12% below Ontario

In Newmarket

$2,200

In Ontario

$2,499

$662

Per square foot

≈ 37.8 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

308

Median $998,440

Houses 262 · Condos 46

For rent

185

Median $2,200

Houses 169 · Condos 16

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 Townhouses only Through September 2026 Deep sales history

What townhouses in Newmarket actually rent for

At least 181 townhouses were leased in Newmarket over the 12 months to September 2026. Half leased above $2,913 and half below, 3.7% higher than the 12 months before. A typical townhouse found its tenant in 24 days.

11 of the last 12 months had at least 5 closed townhouses sales in Newmarket. 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: $2,913; +3.7% year over year
Days to lease: 24; Unchanged
Leases closed: 181; last 12 months
Rent per square foot: $2.01/mo; from 180 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 townhouse here differs from the next.

$3,562$3,021$2,479$1,938

Mar ’24Jan ’25Nov ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$2,993/mo

on a $3,000 asking rent — under ask by $7

−10%Asking rent+10%

Of the asking rent: 99.8%
Leased over asking: 7.7%

From 181 leases that closed here in the last 12 months.

Rent or buy in Newmarket

23 years

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

Median sold price

$802,974

124 sales

Median rent

$2,913/mo

181 leases

Gross rental yield

4.35%

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.

What actually rents in Newmarket

A single median hides this: the mix of townhouses behind it, and what each kind costs.

181leases

Freehold town$3,02364.6%
Condo town$2,71235.4%

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	17	$2,729	$2,125 – $3,075	34	99.2%
Aug 2026	23	$2,943	$2,425 – $3,200	16	100.0%
Jul 2026	18	$3,022	$2,625 – $3,200	20	100.0%
Jun 2026	20	$2,943	$2,300 – $3,200	17	99.3%
May 2026	20	$2,945	$2,263 – $3,275	23	100.0%
Apr 2026	13	$3,000	$2,950 – $3,150	27	100.0%
Mar 2026	5	$3,000	$2,990 – $3,000	46	100.0%
Feb 2026	5	$2,600	$2,350 – $2,700	35	97.9%
Jan 2026	12	$2,875	$2,713 – $3,000	24	99.6%
Dec 2025	9	$3,000	$2,730 – $3,300	30	100.0%
Nov 2025	19	$2,832	$2,450 – $3,313	21	100.0%
Oct 2025	20	$2,933	$2,350 – $3,450	20	100.0%
Sep 2025	23	$2,715	$2,400 – $3,258	27	100.0%
Aug 2025	24	$2,617	$2,050 – $3,400	36	100.0%
Jul 2025	29	$2,691	$2,150 – $3,238	12	100.0%
Jun 2025	26	$2,994	$2,663 – $3,325	17	99.7%
May 2025	25	$2,836	$2,275 – $3,225	16	100.0%
Apr 2025	25	$2,890	$2,500 – $3,325	20	100.0%
Mar 2025	26	$2,806	$2,400 – $3,325	29	99.2%
Feb 2025	12	$3,013	$2,500 – $3,275	29	100.0%
Jan 2025	16	$2,722	$2,175 – $3,143	35	100.0%
Dec 2024	15	$2,717	$2,500 – $3,180	21	100.0%
Nov 2024	20	$2,920	$2,600 – $3,125	22	100.0%
Oct 2024	17	$2,868	$2,650 – $3,175	25	100.0%
Sep 2024	22	$3,009	$2,500 – $3,325	21	100.0%
Aug 2024	22	$3,007	$2,650 – $3,270	19	100.0%
Jul 2024	16	$3,270	$3,150 – $3,350	25	100.0%
Jun 2024	7	$3,200	$3,050 – $3,425	45	98.6%
May 2024	11	$3,300	$3,175 – $3,400	29	100.0%
Apr 2024	6	$3,225	$3,125 – $3,400	32	100.0%
Mar 2024	7	$3,200	$3,025 – $3,300	24	100.0%

What people ask about Newmarket

How much is rent for a townhouse in Newmarket?

The median townhouse lease in Newmarket closed at $2,913 a month over the 12 months to September 2026, across at least 181 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 townhouse. Not an appraisal or an opinion of value.

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More Rentals in Newmarket

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