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Neighbourhood in Richmond Hill
Homes for rent in Oak Ridges
Oak Ridges is a quiet neighbourhood in Richmond Hill, Ontario. It offers a mix of residential homes and community amenities, making it a family-friendly area.
At a glance
Unit 2, 7 Phelps Lane
Richmond Hill (Oak Ridges)
Listed 6 days ago
- 3Bedrooms
- 3Bathrooms
- 1Parking
- 1.2K~1.4KSq.Ft.
Condo TownhouseFor Rent
3 Pheasant Drive
Richmond Hill (Oak Ridges)
Listed 7 days ago
- 1Bedroom
- 1Bathroom
- 0Garage
- 3K~3.5KSq.Ft.
DetachedFor Rent
54 Maple Grove Avenue
Richmond Hill (Oak Ridges)
Listed 8 days ago
- 5+1Bedrooms
- 5Bathrooms
- 2Garage
- 3.5K~5KSq.Ft.
DetachedFor Rent
45 Mistleflower Court
Richmond Hill (Oak Ridges)
Listed 8 days ago
- 1Bedroom
- 1Bathroom
- 1Garage
- 1.5K~2KSq.Ft.
Freehold TownhouseFor Rent
Day to dayLivability
7.3
Schools near listings
out of 10 · averaged over 2,089 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
$1,443,000
In Oak Ridges
$1,443,000
In Richmond Hill
$1,257,000
In Ontario
$709,900
Median monthly rent
$2,200/mo
In Oak Ridges
$2,200
In Richmond Hill
$2,500
In Ontario
$2,500
$823
Per square foot
≈ 54.7 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
107
Median $1,443,000
Houses 102 · Condos 5
For rent
31
Median $2,200
Houses 28 · Condos 3
Recently sold
Sign in to see sold data
Recently leased
Sign in to see leased data
Market data as of 2026-10-25. 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
- Family-oriented with many schools and parks
- Strong sense of community
- Spacious homes with a variety of styles
- Higher median income compared to city average
Keep in mind
- Housing prices are above the city median
- Limited public transit options available
- Higher rent prices compared to city average
The feel of the placeLifestyle
Daily life in Oak Ridges is peaceful, with families enjoying parks and schools. Residents often commute by car due to limited transit.
Within the boundaryWhat's nearby
The boundary
6.5 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
22
Parks
24
Playgrounds
3
Grocery stores
8
Restaurants
3
Cafés
1
Libraries
2
Pharmacies
Counted across all 6.5 km² of Oak Ridges. From OpenStreetMap, as of 2026-10-26.
The schoolsWhich schools, and how they rate
7.2/10
Average rating of the 5 rated schools in this area
39
Elementary
16
Secondary
Our Lady of Hope Catholic Elementary School
Catholic · Grades JK–8 · York CDSB
8.0/107.3 over 5 yrs337th of 3,045 Ontario elementary schools
260 students · EQAO 2024-2025
Father Frederick McGinn Catholic Elementary School
Catholic · Grades JK–8 · York CDSB
7.6/106.8 over 5 yrs516th of 3,045 Ontario elementary schools
355 students · EQAO 2024-2025
Kettle Lakes Public School
Public · Grades JK–8 · York Region DSB
7.4/107.4 over 5 yrs626th of 3,045 Ontario elementary schools
455 students · EQAO 2024-2025
Académie de la Moraine
Public · French · Grades JK–6 · Conseil scolaire Viamonde
6.7/106.5 over 5 yrs1,101st of 3,045 Ontario elementary schools
145 students · EQAO 2024-2025
Oak Ridges Public School
Public · Grades JK–8 · York Region DSB
6.2/106.9 over 5 yrs1,444th of 3,045 Ontario elementary schools
480 students · EQAO 2024-2025
Academy for Gifted Children, the (Pace)
Independent
Not rated
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Oak Ridges, 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
18,361
Population (2021)
7.9 km²
Area
2,329
People per km²
40
Median age
$133,573
Median income
90%
Own their home
3.3
People per household
5,535
Households
Every age
- Children (under 15)19.0%
- Working age (15–64)70.4%
- Seniors (65+)10.6%
What is built here
- Detached houses74.5%
- Semi-detached6.7%
- Townhouses15.6%
- Duplexes2.8%
Own or rent
90%Owners
11%Renters
Across 5,535 households
When it was built
Mostly 2001–2005
- 1960 or earlier2%
- 1961–19805%
- 1981–19908%
- 1991–200014%
- 2001–200532%
- 2006–201016%
- 2011–201514%
- 2016–202110%
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.
- 47.9%
- Born outside Canada
- 40.5%
- Hold a degree or higher
- 59%
- Employment rate
- 4.7%
- Commute by transit
- 90.9%
- Commute by car
- 1.8
- Children per family
- $113,263
- Median income after tax
- $156,399
- Average household income
- 6.4%
- Living on a low income
- $2,535/mo
- Renters pay, per month
- $2,472/mo
- Owners pay, per month
- $1,282,087
- Median home value at census
- 50.3%
- Renters spending 30%+ of income on housing
- 30%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 7 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 Oak Ridges actually rent for
212 homes were leased in Oak Ridges over the 12 months to September 2026. Half leased above $3,285 and half below, 2.7% lower than the 12 months before. A typical home found its tenant in 26 days.
- Median rent
- $3,285
- -2.7% year over year
- Days to lease
- 26
- 1 day quicker
- Leases closed
- 212
- last 12 months
- Rent per square foot
- $1.71/mo
- from 200 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
$2,998/mo
on a $3,000 asking rent — under ask by $2
- Of the asking rent
- 99.9%
- Leased over asking
- 16%
From 212 leases that closed here in the last 12 months.
Rent or buy in Oak Ridges
31.9 years
of rent, at the going rate here, adds up to what a home here costs.
Median sold price
$1,259,407
189 sales
Median rent
$3,285/mo
212 leases
Gross rental yield
3.13%
before costs
Both figures come from deals that actually closed in Oak Ridges 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 Oak Ridges
A single median hides this: the mix of homes behind it, and what each kind costs.
- Detached$3,57947.2%
- Freehold town$3,32217.5%
- Condo town$2,7752.8%
- Other kinds, too few of each —32.5%
How fast it moves
Median days on market, month by month. Taller means slower.
Terracotta marks the last 12 months.
Every month behind these charts — Oak Ridges, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 20 | $3,375 | $1,913 – $3,650 | 30 | 100.0% |
| Aug 2026 | 11 | $2,800 | $2,100 – $3,150 | 21 | 98.6% |
| Jul 2026 | 20 | $3,625 | $2,838 – $4,075 | 29 | 100.0% |
| Jun 2026 | 16 | $3,500 | $2,644 – $3,900 | 27 | 100.0% |
| May 2026 | 19 | $3,500 | $3,050 – $4,350 | 13 | 100.0% |
| Apr 2026 | 14 | $3,600 | $3,038 – $4,175 | 19 | 100.0% |
| Mar 2026 | 20 | $2,800 | $1,938 – $3,625 | 38 | 100.0% |
| Feb 2026 | 12 | $3,015 | $2,550 – $3,463 | 45 | 100.0% |
| Jan 2026 | 15 | $3,550 | $3,125 – $4,050 | 23 | 100.0% |
| Dec 2025 | 21 | $2,900 | $2,200 – $3,400 | 19 | 100.0% |
| Nov 2025 | 23 | $3,400 | $2,700 – $3,575 | 33 | 100.0% |
| Oct 2025 | 21 | $3,250 | $2,800 – $3,800 | 20 | 100.0% |
| Sep 2025 | 21 | $3,350 | $3,100 – $3,700 | 31 | 100.0% |
| Aug 2025 | 26 | $2,955 | $1,863 – $3,750 | 27 | 100.0% |
| Jul 2025 | 18 | $3,700 | $2,588 – $3,800 | 30 | 100.0% |
| Jun 2025 | 23 | $3,600 | $2,850 – $4,050 | 21 | 100.0% |
| May 2025 | 13 | $3,400 | $2,850 – $4,000 | 19 | 100.0% |
| Apr 2025 | 19 | $3,100 | $2,475 – $3,775 | 22 | 100.0% |
| Mar 2025 | 14 | $3,700 | $3,267 – $4,000 | 41 | 100.0% |
| Feb 2025 | 12 | $3,625 | $3,223 – $4,038 | 27 | 100.0% |
| Jan 2025 | 15 | $3,500 | $3,050 – $3,650 | 20 | 100.0% |
| Dec 2024 | 14 | $3,500 | $3,100 – $3,988 | 36 | 99.3% |
| Nov 2024 | 8 | $2,925 | $2,838 – $3,400 | 26 | 100.0% |
| Oct 2024 | 12 | $3,225 | $2,750 – $4,200 | 23 | 100.0% |
| Sep 2024 | 15 | $3,500 | $2,800 – $3,850 | 32 | 100.0% |
| Aug 2024 | 26 | $3,500 | $1,925 – $3,750 | 26 | 100.0% |
| Jul 2024 | 20 | $3,665 | $3,250 – $4,150 | 33 | 100.0% |
| Jun 2024 | 24 | $3,500 | $2,950 – $4,085 | 28 | 100.0% |
| May 2024 | 15 | $3,500 | $3,000 – $3,875 | 35 | 100.0% |
| Apr 2024 | 13 | $3,600 | $3,200 – $3,800 | 30 | 100.0% |
| Mar 2024 | 10 | $3,050 | $2,550 – $3,538 | 29 | 100.0% |
| Feb 2024 | 8 | $3,350 | $1,888 – $4,200 | 35 | 100.0% |
| Jan 2024 | 15 | $3,400 | $3,100 – $3,825 | 33 | 100.0% |
| Dec 2023 | 11 | $3,350 | $2,900 – $3,650 | 18 | 100.0% |
| Nov 2023 | 14 | $3,350 | $3,050 – $3,500 | 11 | 100.0% |
| Oct 2023 | 20 | $3,325 | $3,075 – $3,925 | 11 | 100.0% |
What people ask about Oak Ridges
How much does a home cost in Oak Ridges?
Homes in Oak Ridges sold for a median of $1,259,407 over the 12 months to September 2026, across 189 closed sales — half sold for more and half for less. That is 2.8% lower than the 12 months before it.
How long does it take to sell a home in Oak Ridges?
A home in Oak Ridges took a median of 27 days on the market over the 12 months to September 2026. Homes there closed at 96.9% of the asking price on average, with 19.0% selling over asking.
How much is rent in Oak Ridges?
The median lease in Oak Ridges closed at $3,285 a month over the 12 months to September 2026, across 212 leases.
Is it cheaper to rent or buy in Oak Ridges?
A home in Oak Ridges costs about 31.9 years of the rent on one — the median price of $1,259,407 against a median rent of $3,285 a month, a gross yield of 3.13%. The shorter that number, the closer buying is to renting before financing costs.
What kind of homes sell in Oak Ridges?
Over the 12 months to September 2026 the mix in Oak Ridges was detached (56.6% of sales, median $1,437,654) and freehold town (12.2% of sales, median $961,168).
Compiled by HOMEH from leases reported closed in Oak Ridges 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.
A condo here is its own market
1 condo apartment and 7 condo townhouses are on the market in Oak Ridges right now. Too few have closed here in the last year for us to publish a median we would stand behind.