Real Estate for Rent in Farewell, Oshawa, ON
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Neighbourhood in Oshawa
Farewell
Farewell is a quiet neighbourhood in Oshawa, Ontario. It offers a mix of residential options and a small community feel.
At a glance
Listed today
Unit Basement, 1162 Nelson Street
Oshawa (Farewell), ON L1H 5P2
DetachedFor Rent
Listed 2 days ago
Unit 105, 560 Bloor Street E
Oshawa (Farewell), ON L1H 3N2
MultiplexFor Rent
Day to dayLivability
4
Schools near listings
out of 10 · averaged over 69 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
$14,425,000
In Farewell
$14,425,000
In Oshawa
$719,999
In Ontario
$715,000
Median monthly rent
$1,450/mo
In Farewell
$1,450
In Oshawa
$2,047
In Ontario
$2,500
≈ 829 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
2
Median $14,425,000
Houses 2
For rent
4
Median $1,450
Houses 4
Recently sold
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Recently leased
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Market data as of 2026-10-16. 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
- Affordable rental prices compared to city averages
- Family-friendly with parks and schools nearby
- Diverse community with a mix of cultures
Keep in mind
- Limited amenities like grocery stores and cafes
- Higher home prices compared to local median
The feel of the placeLifestyle
Residents enjoy a peaceful lifestyle with access to parks and schools. Daily life is relaxed and community-oriented.
Within the boundaryWhat's nearby
The boundary
3.7 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
5
Parks
4
Playgrounds
1
Restaurants
Counted across all 3.7 km² of Farewell. From OpenStreetMap, as of 2026-10-19.
The schoolsWhich schools, and how they rate
3.9/10
Average rating of the 1 rated school in this area
1
Elementary
Bobby Orr Public School
Public · Grades JK–8 · Durham DSB
3.9/103.8 over 5 yrs2,601st of 3,045 Ontario elementary schools
300 students · EQAO 2024-2025
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Farewell, 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
2,048
Population (2021)
5.6 km²
Area
367
People per km²
38.2
Median age
$71,556
Median income
49%
Own their home
2.4
People per household
845
Households
Every age
- Children (under 15)16.1%
- Working age (15–64)71.3%
- Seniors (65+)12.7%
What is built here
- Detached houses39.8%
- Semi-detached5.7%
- Townhouses9.1%
- Duplexes11.4%
- Low-rise apartments33.5%
Own or rent
49%Owners
50%Renters
Across 845 households
When it was built
Mostly 1961–1980
- 1960 or earlier30%
- 1961–198033%
- 1981–19906%
- 1991–200012%
- 2001–20055%
- 2006–20107%
- 2011–20153%
- 2016–20213%
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.
- 21.8%
- Born outside Canada
- 13.8%
- Hold a degree or higher
- 51.6%
- Employment rate
- 1.4%
- Commute by transit
- 92.8%
- Commute by car
- 1.6
- Children per family
- $65,178
- Median income after tax
- $77,752
- Average household income
- 16.4%
- Living on a low income
- $1,332/mo
- Renters pay, per month
- $1,228/mo
- Owners pay, per month
- $586,133
- Median home value at census
- 34.7%
- Renters spending 30%+ of income on housing
- 8%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 3 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 homes in Farewell actually rent for
13 homes were leased in Farewell over the 12 months to September 2026. Half leased above $1,761 and half below, 1.9% lower than the 12 months before. A typical home found its tenant in 41 days — 11 days slower than a year ago.
- Median rent
- $1,761
- -1.9% year over year
- Days to lease
- 41
- 11 days slower
- Leases closed
- 13
- last 12 months
- Rent per square foot
- $1.84/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 home here differs from the next.
What renters actually paid
$3,008/mo
on a $3,000 asking rent — over ask by $8
- Of the asking rent
- 100.3%
- Leased over asking
- 7.7%
From 13 leases that closed here in the last 12 months.
Every month behind these charts — Farewell, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Aug 2026 | 2 | Not enough leases this month to report a median | |||
| Jun 2026 | 1 | Not enough leases this month to report a median | |||
| May 2026 | 1 | Not enough leases this month to report a median | |||
| Apr 2026 | 1 | Not enough leases this month to report a median | |||
| Mar 2026 | 2 | Not enough leases this month to report a median | |||
| Feb 2026 | 2 | Not enough leases this month to report a median | |||
| Jan 2026 | 1 | Not enough leases this month to report a median | |||
| Dec 2025 | 1 | Not enough leases this month to report a median | |||
| Nov 2025 | 2 | Not enough leases this month to report a median | |||
| Sep 2025 | 1 | Not enough leases this month to report a median | |||
| Jul 2025 | 1 | Not enough leases this month to report a median | |||
| Jun 2025 | 2 | Not enough leases this month to report a median | |||
| May 2025 | 1 | Not enough leases this month to report a median | |||
| Apr 2025 | 1 | Not enough leases this month to report a median | |||
| Mar 2025 | 2 | Not enough leases this month to report a median | |||
| Feb 2025 | 2 | Not enough leases this month to report a median | |||
| Nov 2024 | 1 | Not enough leases this month to report a median | |||
| Oct 2024 | 2 | Not enough leases this month to report a median | |||
| Sep 2024 | 1 | Not enough leases this month to report a median | |||
| May 2024 | 2 | Not enough leases this month to report a median | |||
| Mar 2024 | 1 | Not enough leases this month to report a median | |||
21 of these months closed fewer than 5 leases. A middle value taken over that few is not a market figure — with one lease it is simply that lease — so the count is shown and the median is not. The leases themselves still count toward the 12-month figures above.
What people ask about Farewell
How much is rent in Farewell?
The median lease in Farewell closed at $1,761 a month over the 12 months to September 2026, across 13 leases.
Compiled by HOMEH from leases reported closed in Farewell 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 home. Not an appraisal or an opinion of value.