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City in Ontario

Homes for rent under $1M in Parry Sound

1 home in Parry Sound is listed for rent under $1M, which is 100% of everything for rent. Most are detached houses.

community-focused quiet family-friendly

6,879 people lived in Parry Sound at the 2021 Census, in 3,195 households. 60% of households owned their home and 40% rented. The most common homes were single-detached houses (54%) and low-rise apartments (27%). 70% of homes were built before 1981, and 10% since 2011. 85% of commuters went to work by car and 0% by public transit.

Parry Sound, Ontario — HOMEH neighbourhood guide

Parry Sound, Ontario

© Wikimedia Commons contributors (CC BY-SA)

At a glance

Homes for Rent in Parry Sound Under $1M

Photo of 8 Sunset Avenue
For Rent
Listed for:

Listed Sep 8, 2026

$3,500

8 Sunset Avenue

Parry Sound, ON P2A 1A5

3Bedrooms
2Bathrooms
1Garage
1.1K-1.5KSq Ft

DetachedFor Rent

Day to dayLivability

3.5

Schools near listings

out of 10 · averaged over 928 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

$599,000

16% below Ontario

In Parry Sound

$599,000

In Ontario

$716,900

Median monthly rent

$3,500/mo

40% above Ontario

In Parry Sound

$3,500

In Ontario

$2,499

$1,017

Per square foot

≈ 14.3 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

35

Median $599,000

Houses 32 · Condos 3

For rent

1

Median $3,500

Houses 1

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

  • Affordable compared to provincial median
  • Good school ratings
  • Low number of homes for rent

Keep in mind

  • Limited rental options
  • No parks or transit services
  • Higher median sale price than city average

The feel of the placeLifestyle

Daily life in Parry Sound is community-oriented, with access to schools and residential living. It is a quieter area with less urban activity.

Great for first-time buyers families those seeking a quieter lifestyle

Within the boundaryWhat's nearby

The boundary

17.9 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

10

Parks

7

Playgrounds

1

Transit stations

4

Grocery stores

15

Restaurants

5

Cafés

3

Gyms

1

Libraries

4

Pharmacies

Counted across all 17.9 km² of Parry Sound. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

3.2/10

Average rating of the 3 rated schools in this area

5

Elementary

4

Secondary

  • Parry Sound High School

    Public · Grades 9–12 · Near North DSB

    3.9/104.5 over 5 yrs

    660th of 742 Ontario secondary schools

    625 students · EQAO 2024-2025

  • Parry Sound Public School School

    Public · Grades JK–6 · Near North DSB

    3.9/104.4 over 5 yrs

    2,601st of 3,045 Ontario elementary schools

    435 students · EQAO 2024-2025

  • St Peter the Apostle School

    Catholic · Grades JK–8 · Simcoe Muskoka CDSB

    1.8/101.9 over 5 yrs

    2,953rd of 3,045 Ontario elementary schools

    215 students · EQAO 2024-2025

  • 646571- CMHA Cedar Spaces

    Public · Grades 9–12 · Near North DSB

    Not rated

  • 646754 - L4L and Seeds High School

    Public · Grades 7–12 · Near North DSB

    Not rated

  • Parry Sound Intermediate School School

    Public · Grades 7–8 · Near North DSB

    Not rated

    110 students

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Parry Sound, 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

6,879

Population (2021)

13.1 km²

Area

525

People per km²

53

Median age

$61,940

Median income

60%

Own their home

2

People per household

3,195

Households

Every age

  • Children (under 15)11.7%
  • Working age (15–64)56.1%
  • Seniors (65+)32.1%

What is built here

  • Detached houses53.9%
  • Semi-detached4.2%
  • Townhouses1.3%
  • Duplexes5.2%
  • Low-rise apartments27.3%
  • High-rise apartments6%
  • Other attached homes2.2%

Own or rent

60%Owners

40%Renters

Across 3,195 households

When it was built

Mostly 1960 or earlier

  • 1960 or earlier41%
  • 1961–198029%
  • 1981–199010%
  • 1991–20005%
  • 2001–20052%
  • 2006–20103%
  • 2011–20157%
  • 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.

7.6%
Born outside Canada
16.6%
Hold a degree or higher
49.7%
Employment rate
0%
Commute by transit
84.7%
Commute by car
1.6
Children per family
$56,327
Median income after tax
$75,897
Average household income
15.1%
Living on a low income
$1,100/mo
Renters pay, per month
$1,063/mo
Owners pay, per month
$369,046
Median home value at census
42.5%
Renters spending 30%+ of income on housing
19.1%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 12 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 Parry Sound

How many homes in Parry Sound rent for under $1M?

1 home in Parry Sound is listed for rent under $1M today, 100% of the 1 homes for rent. Their median rent is $3,500/mo.

All rentals in Parry Sound 

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

Under $1M, Parry Sound has detached house (1) for rent.

Houses for rent in Parry Sound 
Keep looking

More Rentals in Parry Sound

1 home is for rent in Parry Sound. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.