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City in Ontario

Apartments & homes for rent in Springwater

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

There are 18 rentals in Springwater, ON, with a median rent of $2,950/mo. 3 are 1-bedroom apartments and units and 1 has 2 bedrooms.

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

Springwater Rentals

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

$1,097,000

53% above Ontario

In Springwater

$1,097,000

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

≈ 31 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

230

Median $1,097,000

Houses 230

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 Through September 2026 Moderate sales history

What Rent Costs in Springwater

81 homes were leased in Springwater over the 12 months to September 2026. Half leased above $2,846 and half below, 7.9% lower than the 12 months before. A typical home found its tenant in 34 days — 8 days slower than a year ago.

Median rent: $2,846; -7.9% year over year
Days to lease: 34; 8 days slower
Leases closed: 81; last 12 months
Rent per square foot: $1.38/mo; from 71 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.

$3,876$3,025$2,174$1,323

Oct ’23Oct ’24Sep ’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: 4.9%

From 81 leases that closed here in the last 12 months.

Rent or buy in Springwater

26.2 years

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

Median sold price

$895,441

282 sales

Median rent

$2,846/mo

81 leases

Gross rental yield

3.81%

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.

What actually rents in Springwater

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

81leases

Detached$3,13237.0%
Other kinds, too few of each —63.0%

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	10	$2,950	$1,963 – $3,238	28	100.0%
Aug 2026	7	$3,000	$2,850 – $3,225	28	100.0%
Jul 2026	8	$2,475	$1,785 – $3,300	24	100.0%
Jun 2026	7	$2,700	$2,375 – $3,100	36	100.0%
May 2026	8	$2,725	$2,273 – $2,938	19	100.0%
Apr 2026	8	$2,700	$2,650 – $3,063	27	100.0%
Mar 2026	10	$3,050	$2,725 – $3,275	44	100.0%
Feb 2026	7	$2,650	$2,500 – $3,200	34	100.0%
Jan 2026	2	Not enough leases this month to report a median
Dec 2025	3	Not enough leases this month to report a median
Nov 2025	6	$3,250	$2,825 – $3,300	30	100.0%
Oct 2025	5	$2,800	$1,499 – $3,100	56	100.0%
Sep 2025	5	$3,300	$3,050 – $3,380	19	100.0%
Aug 2025	5	$3,200	$3,180 – $3,700	34	100.0%
Jul 2025	6	$2,875	$2,125 – $2,988	25	100.0%
Jun 2025	4	Not enough leases this month to report a median
May 2025	6	$3,300	$3,225 – $3,450	30	100.0%
Apr 2025	6	$3,550	$3,500 – $3,600	35	100.0%
Mar 2025	7	$2,800	$2,650 – $2,975	22	100.0%
Feb 2025	4	Not enough leases this month to report a median
Jan 2025	4	Not enough leases this month to report a median
Dec 2024	6	$3,050	$2,088 – $3,450	19	100.0%
Nov 2024	6	$2,900	$2,725 – $3,150	20	100.0%
Oct 2024	7	$3,000	$2,400 – $3,500	15	100.0%
Sep 2024	5	$3,200	$2,650 – $3,200	35	100.0%
Aug 2024	15	$3,000	$2,725 – $3,325	56	100.0%
Jul 2024	9	$3,100	$2,800 – $3,500	45	100.0%
Jun 2024	8	$3,325	$3,000 – $3,513	51	100.0%
May 2024	8	$3,150	$2,763 – $3,413	50	100.0%
Apr 2024	7	$3,000	$2,850 – $3,475	37	100.0%
Mar 2024	9	$2,975	$2,700 – $3,000	35	100.0%
Feb 2024	16	$3,000	$2,756 – $3,200	40	100.0%
Jan 2024	12	$2,750	$2,575 – $3,013	36	100.0%
Dec 2023	9	$3,000	$2,800 – $3,200	25	100.0%
Nov 2023	7	$2,900	$2,750 – $3,250	21	100.0%
Oct 2023	9	$2,750	$2,500 – $3,300	20	100.0%

5 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 Springwater

How much is rent in Springwater?

The median lease in Springwater closed at $2,846 a month over the 12 months to September 2026, across 81 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 home. Not an appraisal or an opinion of value.

Questions, answered

Common questions about apartments & homes for rent in Springwater

What is the average rent in Springwater?

The median rent of the 18 rentals in Springwater is $2,950/mo, from $1,500 to $4,800 a month.

Houses for rent in Springwater

Keep looking

More Apartments & Homes for Rent 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.