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City in Ontario
Condos for rent under $700K in Smiths Falls
2 condos in Smiths Falls are listed for rent under $700K, which is 22% of everything for rent.
9,173 people lived in Smiths Falls at the 2021 Census, in 4,260 households. 55% of households owned their home and 45% rented. The most common homes were single-detached houses (54%) and low-rise apartments (25%). 80% of homes were built before 1981, and 4% since 2011. 85% of commuters went to work by car and 0% by public transit.
Smiths Falls, Ontario
© Wikimedia Commons contributors (CC BY-SA)
At a glance
Condos for Rent in Smiths Falls Under $700K
Day to dayLivability
2.7
Schools near listings
out of 10 · averaged over 1,488 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
$415,450
In Smiths Falls
$415,450
In Ontario
$716,900
Median monthly rent
$2,100/mo
In Smiths Falls
$2,100
In Ontario
$2,499
$328
Per square foot
≈ 16.5 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
66
Median $415,450
Houses 62 · Condos 4
For rent
9
Median $2,100
Houses 7 · Condos 2
Recently sold
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Recently leased
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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
- Lower home prices than provincial average
- Variety of residential and condo options
- Community feel in a small city
Keep in mind
- Limited amenities like parks and transit
- Schools rated below average
The feel of the placeLifestyle
Daily life in Smiths Falls is quiet and community-oriented, with essential services available. Residents enjoy a slower pace of living.
Within the boundaryWhat's nearby
The boundary
8.9 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
13
Parks
4
Playgrounds
1
Transit stations
3
Grocery stores
18
Restaurants
8
Cafés
7
Gyms
1
Libraries
6
Pharmacies
Counted across all 8.9 km² of Smiths Falls. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
2.6/10
Average rating of the 5 rated schools in this area
4
Elementary
8
Secondary
St Francis de Sales Separate School
Catholic · Grades JK–6 · CDSB of Eastern Ontario
4.7/102,322nd of 3,045 Ontario elementary schools
430 students · EQAO 2024-2025
Smiths Falls District Collegiate Institute
Public · Grades 9–12 · Upper Canada DSB
3.7/104.1 over 5 yrs672nd of 742 Ontario secondary schools
700 students · EQAO 2024-2025
Chimo Elementary School
Public · Grades JK–8 · Upper Canada DSB
3.2/104.5 over 5 yrs2,788th of 3,045 Ontario elementary schools
395 students · EQAO 2024-2025
St. Luke Catholic School
Catholic · Grades 7–8 · CDSB of Eastern Ontario
0.9/10737th of 3,045 Ontario elementary schools
110 students · EQAO 2024-2025
Duncan J Schoular Public School
Public · Grades JK–8 · Upper Canada DSB
0.6/101.2 over 5 yrs3,003rd of 3,045 Ontario elementary schools
380 students · EQAO 2024-2025
CDSBEO Continuing Education Catholic School
Catholic · Grades 9–12 · CDSB of Eastern Ontario
Not rated
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Smiths Falls, 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
9,173
Population (2021)
8.2 km²
Area
1,115
People per km²
47.2
Median age
$61,990
Median income
55%
Own their home
2.1
People per household
4,260
Households
Every age
- Children (under 15)15.7%
- Working age (15–64)58.4%
- Seniors (65+)25.9%
What is built here
- Detached houses53.9%
- Semi-detached13.8%
- Townhouses3.4%
- Duplexes2.7%
- Low-rise apartments25.3%
- High-rise apartments1.1%
Own or rent
55%Owners
45%Renters
Across 4,260 households
When it was built
Mostly 1960 or earlier
- 1960 or earlier56%
- 1961–198024%
- 1981–19908%
- 1991–20003%
- 2001–20051%
- 2006–20102%
- 2011–20151%
- 2016–20212%
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%
- Born outside Canada
- 10.1%
- Hold a degree or higher
- 47.4%
- Employment rate
- 0%
- Commute by transit
- 85.2%
- Commute by car
- 1.7
- Children per family
- $56,157
- Median income after tax
- $72,636
- Average household income
- 16.4%
- Living on a low income
- $1,053/mo
- Renters pay, per month
- $1,071/mo
- Owners pay, per month
- $303,370
- Median home value at census
- 43.1%
- Renters spending 30%+ of income on housing
- 8.3%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 16 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)
Common questions about condos for rent under $700K in Smiths Falls
How many condos in Smiths Falls rent for under $700K?
2 condos in Smiths Falls are listed for rent under $700K today, 22% of the 9 homes for rent. Their median rent is $3,325/mo.
All rentals in Smiths FallsWhat kind of condo can I rent in Smiths Falls for under $700K?
Under $700K, Smiths Falls has condo apartments (2) for rent. Most have 2 to 3 bedrooms.
Condos for rent in Smiths FallsMore Rentals in Smiths Falls
9 homes are for rent in Smiths Falls. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.