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City in Ontario

Apartments & homes for rent in Severn

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

There are 13 rentals in Severn, ON, with a median rent of $3,100/mo. 1 is a 1-bedroom apartment or unit.

community-oriented family-friendly peaceful

14,576 people lived in Severn at the 2021 Census, in 5,805 households. 90% of households owned their home and 10% rented. The most common homes were single-detached houses (90%) and low-rise apartments (4%). 47% of homes were built before 1981, and 14% since 2011. 97% of commuters went to work by car and 0% by public transit.

Schools rating: 6.1 Two restaurants available Four cafes in the area

Severn, Ontario

Severn Rentals

Day to dayLivability

6.1

Schools near listings

out of 10 · averaged over 2,888 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

$799,450

12% above Ontario

In Severn

$799,450

In Ontario

$716,900

Median monthly rent

$3,100/mo

24% above Ontario

In Severn

$3,100

In Ontario

$2,499

$756

Per square foot

≈ 21.5 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

210

Median $799,450

Houses 210 · Condos 2

For rent

Median $3,100

Houses 13

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

Family-friendly environment
Good schools for children
Variety of cafes and restaurants
Community-focused atmosphere

Keep in mind

Limited public transit options
Few grocery stores nearby
Higher prices than provincial median

The feel of the placeLifestyle

Daily life in Severn is relaxed with a close-knit community. Residents enjoy local cafes and parks for leisure activities.

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

Within the boundaryWhat's nearby

The boundary

581.6 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 581.6 km² of Severn. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

5.9/10

Average rating of the 3 rated schools in this area

Elementary

Marchmont Public School
Public · Grades JK–8 · Simcoe County DSB
6.8/105.7 over 5 yrs
1,026th of 3,045 Ontario elementary schools
385 students · EQAO 2024-2025
Severn Shores Public School
Public · Grades JK–8 · Simcoe County DSB
5.9/105.4 over 5 yrs
1,664th of 3,045 Ontario elementary schools
475 students · EQAO 2024-2025
Coldwater Public School
Public · Grades JK–8 · Simcoe County DSB
5.0/105.2 over 5 yrs
2,196th of 3,045 Ontario elementary schools
555 students · EQAO 2024-2025

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

14,576

Population (2021)

523.1 km²

Area

People per km²

49.1

Median age

$98,779

Median income

90%

Own their home

2.5

People per household

5,805

Households

Every age

Children (under 15)14.3%
Working age (15–64)62.2%
Seniors (65+)23.6%

What is built here

Detached houses90%
Townhouses1.1%
Duplexes1.7%
Low-rise apartments3.6%

Own or rent

90%Owners

10%Renters

Across 5,805 households

When it was built

Mostly 1961–1980

1960 or earlier21%
1961–198026%
1981–199013%
1991–200012%
2001–20057%
2006–20105%
2011–20157%
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.

7.3%
Born outside Canada: 15.3%
Hold a degree or higher: 53.7%
Employment rate: 0.2%
Commute by transit: 96.5%
Commute by car: 1.7
Children per family: $85,481
Median income after tax: $113,616
Average household income: 7.8%
Living on a low income: $1,085/mo
Renters pay, per month: $1,195/mo
Owners pay, per month: $682,439
Median home value at census: 12.8%
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 22 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 Moderate sales history

What Rent Costs in Severn

33 homes were leased in Severn over the 12 months to September 2026. Half leased above $2,983 and half below, 0.3% lower than the 12 months before. A typical home found its tenant in 42 days — 2 days quicker than a year ago.

Median rent: $2,983; -0.3% year over year
Days to lease: 42; 2 days quicker
Leases closed: 33; last 12 months
Rent per square foot: $1.44/mo; from 33 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.

$3,433$3,153$2,872$2,592

Oct ’23Oct ’24Sep ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$3,008/mo

on a $3,000 asking rent — over ask by $8

−10%Asking rent+10%

Of the asking rent: 100.3%
Leased over asking: 9.1%

From 33 leases that closed here in the last 12 months.

Rent or buy in Severn

20 years

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

Median sold price

$714,643

232 sales

Median rent

$2,983/mo

33 leases

Gross rental yield

5.01%

before costs

Both figures come from deals that actually closed in Severn 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 Severn

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

33leases

Detached$3,15018.2%
Other kinds, too few of each —81.8%

How fast it moves

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

Jul 2024Jul 2026

Terracotta marks the last 12 months.

Every month behind these charts — Severn, rentals

Monthly closed leases in Severn
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	2	Not enough leases this month to report a median
Aug 2026	3	Not enough leases this month to report a median
Jul 2026	7	$3,100	$3,100 – $3,250	36	100.0%
Jun 2026	1	Not enough leases this month to report a median
May 2026	4	Not enough leases this month to report a median
Apr 2026	4	Not enough leases this month to report a median
Mar 2026	2	Not enough leases this month to report a median
Feb 2026	3	Not enough leases this month to report a median
Jan 2026	2	Not enough leases this month to report a median
Dec 2025	1	Not enough leases this month to report a median
Nov 2025	2	Not enough leases this month to report a median
Oct 2025	2	Not enough leases this month to report a median
Sep 2025	3	Not enough leases this month to report a median
Aug 2025	3	Not enough leases this month to report a median
Jul 2025	2	Not enough leases this month to report a median
Jun 2025	5	$3,100	$2,800 – $3,150	69	96.5%
May 2025	5	$2,750	$2,650 – $3,200	30	100.0%
Apr 2025	4	Not enough leases this month to report a median
Mar 2025	5	$3,100	$3,000 – $3,100	46	100.0%
Feb 2025	5	$2,990	$2,950 – $3,150	83	100.0%
Jan 2025	4	Not enough leases this month to report a median
Dec 2024	3	Not enough leases this month to report a median
Nov 2024	5	$3,000	$3,000 – $3,100	18	100.0%
Oct 2024	5	$3,000	$2,900 – $3,200	30	100.0%
Sep 2024	2	Not enough leases this month to report a median
Aug 2024	6	$3,275	$2,988 – $3,375	30	100.0%
Jul 2024	6	$3,100	$3,100 – $3,250	89	99.2%
Jun 2024	1	Not enough leases this month to report a median
May 2024	1	Not enough leases this month to report a median
Apr 2024	1	Not enough leases this month to report a median
Mar 2024	1	Not enough leases this month to report a median
Feb 2024	1	Not enough leases this month to report a median
Jan 2024	1	Not enough leases this month to report a median
Dec 2023	2	Not enough leases this month to report a median
Nov 2023	2	Not enough leases this month to report a median
Oct 2023	1	Not enough leases this month to report a median

27 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 Severn

How much is rent in Severn?

The median lease in Severn closed at $2,983 a month over the 12 months to September 2026, across 33 leases.

Compiled by HOMEH from leases reported closed in Severn 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