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City in Ontario

Apartments & homes for rent in Russell

Name: HOMEH Market Pulse — Russell closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

There are 24 rentals in Russell, ON, with a median rent of $1,975/mo. 4 are 1-bedroom apartments and units and 12 have 2 bedrooms.

community-oriented family-friendly

19,598 people lived in Russell at the 2021 Census, in 7,215 households. 84% of households owned their home and 16% rented. The most common homes were single-detached houses (79%) and low-rise apartments (10%). 21% of homes were built before 1981, and 28% since 2011. 94% of commuters went to work by car and 0% by public transit.

Population of 16,520

Russell, Ontario

Russell Rentals

Day to dayLivability

Schools near listings

out of 10 · averaged over 2,131 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

$682,950

5% below Ontario

In Russell

$682,950

In Ontario

$716,900

Median monthly rent

$1,975/mo

21% below Ontario

In Russell

$1,975

In Ontario

$2,499

$355

Per square foot

≈ 28.8 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

150

Median $682,950

Houses 138 · Condos 12

For rent

Median $1,975

Houses 23 · Condos 1

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
Variety of residential options available
Community-focused with parks for recreation

Keep in mind

Limited public transit options
No schools in the immediate area

The feel of the placeLifestyle

Daily life in Russell is quiet and community-oriented, ideal for families. Residents enjoy access to parks and outdoor activities.

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

Within the boundaryWhat's nearby

The boundary

198.5 km²

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

Parks

Playgrounds

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 198.5 km² of Russell. From OpenStreetMap, as of 2026-10-19.

The schoolsWhich schools, and how they rate

5.9/10

Average rating of the 8 rated schools in this area

Elementary

Secondary

École secondaire catholique Embrun
Independent · French · Grades 9–12 · CSDC de l'Est ontarien
6.8/106.6 over 5 yrs
254th of 742 Ontario secondary schools
440 students · EQAO 2024-2025
École élémentaire catholique Embrun - Pav. Saint-Jean/Pav. La Croisée
Independent · French · Grades JK–6 · CSDC de l'Est ontarien
6.7/105.7 over 5 yrs
1,101st of 3,045 Ontario elementary schools
610 students · EQAO 2024-2025
St. Mother Teresa Catholic School
Catholic · Grades JK–6 · CDSB of Eastern Ontario
6.6/106.8 over 5 yrs
1,165th of 3,045 Ontario elementary schools
560 students · EQAO 2024-2025
St. Thomas Aquinas Catholic School
Catholic · Grades 6–8 · CDSB of Eastern Ontario
6.2/107.1 over 5 yrs
349th of 3,045 Ontario elementary schools
225 students · EQAO 2024-2025
Russell High School
Public · Grades 9–12 · Upper Canada DSB
5.7/104.8 over 5 yrs
440th of 742 Ontario secondary schools
360 students · EQAO 2024-2025
Russell Public Public School
Public · Grades JK–6 · Upper Canada DSB
5.2/105.5 over 5 yrs
2,081st of 3,045 Ontario elementary schools
380 students · EQAO 2024-2025

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

19,598

Population (2021)

198.8 km²

Area

People per km²

40.8

Median age

$124,598

Median income

84%

Own their home

2.7

People per household

7,215

Households

Every age

Children (under 15)19.7%
Working age (15–64)66.0%
Seniors (65+)14.3%

What is built here

Detached houses79.1%
Semi-detached6.9%
Townhouses1.6%
Duplexes1.9%
Low-rise apartments9.8%

Own or rent

84%Owners

16%Renters

Across 7,215 households

When it was built

Mostly 1981–1990

1960 or earlier8%
1961–198013%
1981–199021%
1991–200012%
2001–20058%
2006–20108%
2011–20159%
2016–202119%

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.

6.5%
Born outside Canada: 24%
Hold a degree or higher: 67.7%
Employment rate: 0%
Commute by transit: 94.1%
Commute by car: 1.8
Children per family: $105,843
Median income after tax: $133,651
Average household income: 3.9%
Living on a low income: $1,458/mo
Renters pay, per month: $1,686/mo
Owners pay, per month: $529,144
Median home value at census: 22.3%
Renters spending 30%+ of income on housing: 4.8%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 24 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)

HOMEH Market Pulse Through September 2026 Deep sales history

What Rent Costs in Russell

139 homes were leased in Russell over the 12 months to September 2026. Half leased above $2,254 and half below, 2.3% lower than the 12 months before. A typical home found its tenant in 39 days — 14 days slower than a year ago.

Median rent: $2,254; -2.3% year over year
Days to lease: 39; 14 days slower
Leases closed: 139; last 12 months
Rent per square foot: $1.71/mo; from 119 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.

$3,328$2,709$2,091$1,472

Jan ’24Dec ’24Nov ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$3,000/mo

on a $3,000 asking rent — right at the asking rent

−10%Asking rent+10%

Of the asking rent: 100.0%
Leased over asking: 5%

From 139 leases that closed here in the last 12 months.

Rent or buy in Russell

24.3 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$656,243

269 sales

Median rent

$2,254/mo

139 leases

Gross rental yield

4.12%

before costs

Both figures come from deals that actually closed in Russell 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 Russell

A single median hides this: the mix of homes behind it, and what each kind costs.

139leases

Other kinds of home$2,11824.5%
Freehold town$2,6003.6%
Other kinds, too few of each —71.9%

How fast it moves

Median days on market, month by month. Taller means slower.

Aug 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Russell, rentals

Monthly closed leases in Russell
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	10	$2,275	$2,000 – $2,400	25	100.0%
Aug 2026	19	$2,175	$1,913 – $2,450	41	100.0%
Jul 2026	13	$2,400	$2,200 – $2,550	37	100.0%
Jun 2026	18	$2,350	$2,200 – $2,494	54	100.0%
May 2026	15	$2,450	$2,000 – $2,650	41	100.0%
Apr 2026	14	$2,325	$1,881 – $2,700	41	100.0%
Mar 2026	11	$2,000	$1,875 – $2,250	33	100.0%
Feb 2026	9	$1,900	$1,850 – $2,400	41	100.0%
Jan 2026	10	$2,125	$1,813 – $2,550	57	100.0%
Dec 2025	5	$2,100	$1,800 – $2,750	18	100.0%
Nov 2025	7	$2,450	$2,100 – $2,600	16	100.0%
Oct 2025	8	$2,300	$2,181 – $2,995	22	100.0%
Sep 2025	6	$2,250	$2,025 – $2,363	28	100.0%
Aug 2025	9	$2,250	$1,975 – $2,822	29	100.0%
Jul 2025	11	$2,400	$2,163 – $2,750	11	100.0%
Jun 2025	5	$2,500	$2,500 – $2,700	27	100.0%
May 2025	8	$2,425	$1,988 – $2,700	21	100.0%
Apr 2025	8	$2,600	$2,356 – $2,863	10	100.0%
Mar 2025	9	$1,950	$1,900 – $2,500	57	100.0%
Feb 2025	5	$2,300	$2,000 – $2,550	16	100.0%
Jan 2025	5	$2,300	$2,100 – $2,695	38	100.0%
Dec 2024	8	$2,250	$1,950 – $2,300	16	100.0%
Nov 2024	3	Not enough leases this month to report a median
Oct 2024	3	Not enough leases this month to report a median
Sep 2024	5	$2,900	$2,700 – $3,200	22	100.0%
Aug 2024	9	$2,400	$2,350 – $2,595	10	100.0%
Jul 2024	11	$2,500	$2,200 – $2,898	36	100.0%
Jun 2024	9	$2,350	$2,275 – $2,600	18	100.0%
May 2024	6	$1,887	$1,706 – $1,900	20	100.0%
Apr 2024	8	$2,225	$1,600 – $2,481	15	100.0%
Mar 2024	4	Not enough leases this month to report a median
Jan 2024	1	Not enough leases this month to report a median

4 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 Russell

How much is rent in Russell?

The median lease in Russell closed at $2,254 a month over the 12 months to September 2026, across 139 leases.

Compiled by HOMEH from leases reported closed in Russell 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.

Questions, answered

Common questions about apartments & homes for rent in Russell

What is the average rent in Russell?

The median rent of the 24 rentals in Russell is $1,975/mo, from $1,600 to $3,350 a month.

Houses for rent in Russell

How much is a 2-bedroom apartment in Russell?

12 2-bedroom rentals are listed in Russell, with a median rent of $1,885/mo.

Condos for rent in Russell

Keep looking

More Apartments & Homes for Rent in Russell

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