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City in Ontario

Houses for rent in Springwater

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

There are 13 houses and homes for rent in Springwater today, with a median rent of $3,100/mo (+5% vs. all rentals in Springwater). 3 are 3-bedroom houses. The most active neighbourhoods are Centre Vespra, Midhurst and Elmvale.

quiet residential family-oriented

21,701 people lived in Springwater at the 2021 Census, in 7,525 households. 90% of households owned their home and 10% rented. The most common homes were single-detached houses (93%) and low-rise apartments (4%). 39% of homes were built before 1981, and 17% since 2011. 94% of commuters went to work by car and 0% by public transit.

Walkability score: 18

Springwater, Ontario

Houses & Homes for Rent in Springwater

Day to dayLivability

Walkability

out of 100 · averaged over 6,809 past and present listings

Average walk score reported on listings here

5.7

Schools near listings

out of 10 · averaged over 6,809 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

$1,095,000

53% above Ontario

In Springwater

$1,095,000

In Ontario

$716,900

Median monthly rent

$2,950/mo

18% above Ontario

In Springwater

$2,950

In Ontario

$2,499

$783

Per square foot

≈ 30.9 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

229

Median $1,095,000

Houses 229

For rent

Median $2,950

Houses 18

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

Diverse housing options available
Residential community atmosphere
Average home prices are competitive

Keep in mind

Median prices are above provincial averages
Low walkability score

The feel of the placeLifestyle

Daily life in Springwater is centered around residential living, with limited walkable amenities. It is a quieter area, appealing to those who prefer a calm environment.

Great for families first-time buyers those seeking spacious homes

Within the boundaryWhat's nearby

The boundary

538.7 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 538.7 km² of Springwater. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

5.5/10

Average rating of the 6 rated schools in this area

Elementary

Secondary

Elmvale District High School
Public · Grades 9–12 · Simcoe County DSB
6.7/105.3 over 5 yrs
275th of 742 Ontario secondary schools
510 students · EQAO 2024-2025
Minesing Central Public School
Public · Grades JK–8 · Simcoe County DSB
6.7/106.7 over 5 yrs
1,101st of 3,045 Ontario elementary schools
425 students · EQAO 2024-2025
Forest Hill Public School
Public · Grades JK–8 · Simcoe County DSB
6.0/107.1 over 5 yrs
1,590th of 3,045 Ontario elementary schools
615 students · EQAO 2024-2025
Our Lady of Lourdes Separate School
Catholic · Grades JK–8 · Simcoe Muskoka CDSB
5.7/105.7 over 5 yrs
1,807th of 3,045 Ontario elementary schools
240 students · EQAO 2024-2025
Huronia Centennial Elementary School
Public · Grades JK–8 · Simcoe County DSB
4.4/105.4 over 5 yrs
2,432nd of 3,045 Ontario elementary schools
490 students · EQAO 2024-2025
Hillsdale Elementary School
Public · Grades JK–8 · Simcoe County DSB
3.7/105.2 over 5 yrs
2,677th of 3,045 Ontario elementary schools
180 students · EQAO 2024-2025

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

21,701

Population (2021)

535.9 km²

Area

People per km²

43.5

Median age

$127,639

Median income

90%

Own their home

2.9

People per household

7,525

Households

Every age

Children (under 15)17.9%
Working age (15–64)65.3%
Seniors (65+)16.8%

What is built here

Detached houses93%
Semi-detached0.5%
Duplexes1.7%
Low-rise apartments3.5%

Own or rent

90%Owners

10%Renters

Across 7,525 households

When it was built

Mostly 1961–1980

1960 or earlier17%
1961–198022%
1981–199017%
1991–200012%
2001–20057%
2006–20107%
2011–20155%
2016–202112%

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.

10.4%
Born outside Canada: 22.5%
Hold a degree or higher: 61.9%
Employment rate: 0.1%
Commute by transit: 94.3%
Commute by car: 1.8
Children per family: $107,286
Median income after tax: $158,620
Average household income: 5.5%
Living on a low income: $1,831/mo
Renters pay, per month: $1,705/mo
Owners pay, per month: $890,126
Median home value at census: 19.4%
Renters spending 30%+ of income on housing: 11.7%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 31 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 Detached houses only Through September 2026 Moderate sales history

What a House Rents For in Springwater

30 detached houses were leased in Springwater over the 12 months to September 2026. Half leased above $3,132 and half below, 4.7% lower than the 12 months before. A typical detached house found its tenant in 34 days — 9 days slower than a year ago.

Median rent: $3,132; -4.7% year over year
Days to lease: 34; 9 days slower
Leases closed: 30; last 12 months
Rent per square foot: $1.21/mo; from 29 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 detached house here differs from the next.

$3,895$3,194$2,493$1,793

May ’24Oct ’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: 0%

From 30 leases that closed here in the last 12 months.

Rent or buy in Springwater

24.8 years

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

Median sold price

$932,557

254 sales

Median rent

$3,132/mo

30 leases

Gross rental yield

4.03%

before costs

Both figures come from deals that actually closed in Springwater over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

How fast it moves

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

May 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Springwater, rentals

Monthly closed leases in Springwater
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	6	$3,225	$3,125 – $3,288	23	100.0%
Aug 2026	5	$3,200	$3,000 – $3,250	33	100.0%
Jul 2026	6	$2,750	$1,938 – $3,300	34	100.0%
Mar 2026	8	$3,200	$2,875 – $3,325	41	100.0%
Nov 2025	5	$3,300	$3,200 – $3,300	36	100.0%
Sep 2025	5	$3,300	$3,050 – $3,380	19	100.0%
May 2025	5	$3,300	$3,300 – $3,500	31	100.0%
Apr 2025	6	$3,550	$3,500 – $3,600	35	100.0%
Oct 2024	6	$3,000	$2,138 – $3,750	15	100.0%
Aug 2024	11	$3,200	$2,950 – $3,375	56	100.0%
Jul 2024	6	$3,450	$3,175 – $3,725	44	100.0%
Jun 2024	7	$3,500	$3,075 – $3,525	60	100.0%
May 2024	5	$3,350	$3,200 – $3,600	54	100.0%

What people ask about Springwater

How much is rent for a detached house in Springwater?

The median detached house lease in Springwater closed at $3,132 a month over the 12 months to September 2026, across 30 leases.

Compiled by HOMEH from leases reported closed in Springwater 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 detached house. Not an appraisal or an opinion of value.

Questions, answered

Common questions about houses for rent in Springwater

How much does it cost to rent a house in Springwater?

The median rent of the 13 houses for rent in Springwater is $3,100/mo, from $1,500 to $4,800 a month. That is 5% above the median of all rentals in Springwater.

All rentals in Springwater

Are there 3- and 4-bedroom houses for rent in Springwater?

Yes. Springwater has 3 3-bedroom houses and 5 4-bedroom houses (median $3,100/mo) for rent right now.

All rentals in Springwater

Keep looking

More Rentals in Springwater

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