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City in Ontario

Houses for sale under $1M in Rideau Lakes

Looking for cheap houses for sale in Rideau Lakes? 155 homes in Rideau Lakes are listed for sale under $1M, which is 90% of everything for sale. Most are detached houses, and the most active neighbourhoods are Rideau Lakes (South Crosby) Twp and Rideau Lakes (South Elmsley) Twp.

quiet community-oriented rural feel

11,517 people lived in Rideau Lakes at the 2021 Census, in 5,020 households. 87% of households owned their home and 14% rented. The most common homes were single-detached houses (90%) and low-rise apartments (3%). 56% of homes were built before 1981, and 6% since 2011. 94% of commuters went to work by car and 0% by public transit.

Schools score: 5

Rideau Lakes, Ontario

Houses for Sale in Rideau Lakes Under $1M

Day to dayLivability

Walkability

out of 100 · averaged over 323 past and present listings

Average walk score reported on listings here

Schools near listings

out of 10 · averaged over 323 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

$489,000

32% below Ontario

In Rideau Lakes

$489,000

In Ontario

$716,900

Median monthly rent

$3,100/mo

24% above Ontario

In Rideau Lakes

$3,100

In Ontario

$2,499

$314

Per square foot

≈ 13.1 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

172

Median $489,000

Houses 164 · Condos 8

For rent

Median $3,100

Houses 2

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

Affordable compared to provincial median prices
Low competition with only one rental property
Diverse residential options available for buyers
Stable market with recent sales

Keep in mind

Limited amenities and services in the area
Few rental options available
Walkability and public transit are lacking

The feel of the placeLifestyle

Daily life in Rideau Lakes is peaceful, with a focus on home and community. Residents may need to travel for shopping and entertainment.

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

Within the boundaryWhat's nearby

The boundary

862 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

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 862.0 km² of Rideau Lakes. From OpenStreetMap, as of 2026-10-19.

The schoolsWhich schools, and how they rate

5.5/10

Average rating of the 5 rated schools in this area

Elementary

Secondary

St Edward's School
Catholic · Grades JK–8 · CDSB of Eastern Ontario
9.6/10
35th of 3,045 Ontario elementary schools
85 students · EQAO 2024-2025
Rideau Vista Public School
Public · Grades JK–6 · Upper Canada DSB
5.8/106.5 over 5 yrs
1,729th of 3,045 Ontario elementary schools
95 students
Rideau District High School
Public · Grades 9–12 · Upper Canada DSB
5.0/105.5 over 5 yrs
552nd of 742 Ontario secondary schools
295 students · EQAO 2024-2025
Lombardy Public School
Public · Grades JK–8 · Upper Canada DSB
3.7/105.5 over 5 yrs
2,677th of 3,045 Ontario elementary schools
290 students · EQAO 2024-2025
South Crosby Public School
Public · Grades JK–6 · Upper Canada DSB
3.6/105.5 over 5 yrs
2,707th of 3,045 Ontario elementary schools
325 students · EQAO 2024-2025
Rideau Intermediate School
Public · Grades 7–8 · Upper Canada DSB
Not rated
140 students

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

11,517

Population (2021)

714 km²

Area

People per km²

55.4

Median age

$84,606

Median income

87%

Own their home

2.3

People per household

5,020

Households

Every age

Children (under 15)12.0%
Working age (15–64)56.6%
Seniors (65+)31.5%

What is built here

Detached houses90.1%
Semi-detached1.4%
Townhouses1%
Duplexes0.5%
Low-rise apartments3.2%

Own or rent

87%Owners

14%Renters

Across 5,020 households

When it was built

Mostly 1960 or earlier

1960 or earlier30%
1961–198026%
1981–199015%
1991–200012%
2001–20054%
2006–20106%
2011–20154%
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.

6.8%
Born outside Canada: 18.5%
Hold a degree or higher: 47%
Employment rate: 0%
Commute by transit: 94.3%
Commute by car: 1.7
Children per family: $74,603
Median income after tax: $99,043
Average household income: 10.1%
Living on a low income: $817/mo
Renters pay, per month: $889/mo
Owners pay, per month: $422,204
Median home value at census: 13.5%
Renters spending 30%+ of income on housing: 10.6%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 20 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 houses for sale under $1M in Rideau Lakes

How many homes in Rideau Lakes sell for under $1M?

155 homes in Rideau Lakes are listed for sale under $1M today, 90% of the 172 homes for sale. Their median asking price is $429,000.

All homes for sale in Rideau Lakes

What kind of home can I buy in Rideau Lakes for under $1M?

Under $1M, Rideau Lakes has detached houses (86), vacant lots (46) and freehold townhouse (1) for sale. Most range from studios to 5 bedrooms.

Houses for sale in Rideau Lakes

Keep looking

More Homes for Sale in Rideau Lakes

172 homes are for sale in Rideau Lakes. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.

At a glance