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City in Ontario

Condos for rent under $700K in Pickering

22 condos in Pickering are listed for rent under $700K, which is 13% of everything for rent. The most active neighbourhoods are Bay Ridges and Town Centre.

family-friendly suburban active

99,186 people lived in Pickering at the 2021 Census, in 33,420 households. 85% of households owned their home and 15% rented. The most common homes were single-detached houses (60%) and row houses (15%). 31% of homes were built before 1981, and 13% since 2011. 87% of commuters went to work by car and 8% by public transit.

Population: 91,771

Pickering, Ontario

Condos for Rent in Pickering Under $700K

Day to dayLivability

Walkability

out of 100 · averaged over 68,119 past and present listings

Average walk score reported on listings here

6.6

Schools near listings

out of 10 · averaged over 68,119 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

$899,999

26% above Ontario

In Pickering

$899,999

In Ontario

$716,900

Median monthly rent

$2,500/mo

On par with Ontario

In Pickering

$2,500

In Ontario

$2,499

$508

Per square foot

≈ 30 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

416

Median $899,999

Houses 301 · Condos 115

For rent

171

Median $2,500

Houses 117 · Condos 53

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

Variety of housing options available
Many parks for outdoor activities
Good number of restaurants and cafes
Strong community with a population of over 90,000

Keep in mind

Median home prices are high compared to provincial average
Walkability score is low at 44

The feel of the placeLifestyle

Daily life in Pickering includes access to parks and local dining. The city has a suburban feel, appealing to families and professionals.

Great for families first-time buyers renters

Within the boundaryWhat's nearby

The boundary

231.7 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

Playgrounds

Transit stations

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 231.7 km² of Pickering. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

6.8/10

Average rating of the 26 rated schools in this area

Elementary

Secondary

Gandatsetiagon Public School
Public · Grades JK–8 · Durham DSB
8.7/108.4 over 5 yrs
130th of 3,045 Ontario elementary schools
580 students · EQAO 2024-2025
Elizabeth B Phin Public School
Public · Grades JK–8 · Durham DSB
8.4/108.5 over 5 yrs
209th of 3,045 Ontario elementary schools
600 students · EQAO 2024-2025
Claremont Public School
Public · Grades JK–8 · Durham DSB
8.1/10
299th of 3,045 Ontario elementary schools
320 students · EQAO 2024-2025
William Dunbar Public School
Public · Grades JK–8 · Durham DSB
8.1/108.4 over 5 yrs
299th of 3,045 Ontario elementary schools
660 students · EQAO 2024-2025
Valley View Public School
Public · Grades JK–8 · Durham DSB
7.8/108.0 over 5 yrs
433rd of 3,045 Ontario elementary schools
370 students · EQAO 2024-2025
Vaughan Willard Public School
Public · Grades JK–8 · Durham DSB
7.8/106.8 over 5 yrs
433rd of 3,045 Ontario elementary schools
335 students · EQAO 2024-2025

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

99,186

Population (2021)

231.1 km²

Area

429

People per km²

41.5

Median age

$125,233

Median income

85%

Own their home

People per household

33,420

Households

Every age

Children (under 15)16.6%
Working age (15–64)66.9%
Seniors (65+)16.5%

What is built here

Detached houses59.8%
Semi-detached7.5%
Townhouses15%
Duplexes5.5%
Low-rise apartments3.4%
High-rise apartments9.1%

Own or rent

85%Owners

15%Renters

Across 33,420 households

When it was built

Mostly 1981–1990

1960 or earlier6%
1961–198025%
1981–199027%
1991–200020%
2001–20055%
2006–20104%
2011–20155%
2016–20218%

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.

36.3%
Born outside Canada: 30.7%
Hold a degree or higher: 57.1%
Employment rate: 7.6%
Commute by transit: 87.2%
Commute by car: 1.8
Children per family: $106,754
Median income after tax: $144,774
Average household income: 5.3%
Living on a low income: $1,792/mo
Renters pay, per month: $1,946/mo
Owners pay, per month: $900,699
Median home value at census: 25.2%
Renters spending 30%+ of income on housing: 21.2%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 140 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 condos for rent under $700K in Pickering

How many condos in Pickering rent for under $700K?

22 condos in Pickering are listed for rent under $700K today, 13% of the 171 homes for rent. Their median rent is $2,573/mo.

All rentals in Pickering

What kind of condo can I rent in Pickering for under $700K?

Under $700K, Pickering has condo apartments (22) for rent. Most have 1 to 3 bedrooms.

Condos for rent in Pickering

Keep looking

More Rentals in Pickering

171 homes are for rent in Pickering. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.