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City in Ontario

Apartments & homes for rent in St. Thomas

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

There are 31 rentals in St. Thomas, ON, with a median rent of $1,750/mo. 8 are 1-bedroom apartments and units and 16 have 2 bedrooms.

family-friendly community-oriented

42,840 people lived in St. Thomas at the 2021 Census, in 18,075 households. 68% of households owned their home and 32% rented. The most common homes were single-detached houses (65%) and low-rise apartments (16%). 57% of homes were built before 1981, and 12% since 2011. 94% of commuters went to work by car and 0% by public transit.

Population of 38,909

St. Thomas, Ontario

St. Thomas Rentals

Day to dayLivability

Walkability

out of 100 · averaged over 23,467 past and present listings

Average walk score reported on listings here

4.7

Schools near listings

out of 10 · averaged over 23,467 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

$549,900

23% below Ontario

In St. Thomas

$549,900

In Ontario

$716,900

Median monthly rent

$1,750/mo

30% below Ontario

In St. Thomas

$1,750

In Ontario

$2,499

$370

Per square foot

≈ 26.2 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

221

Median $549,900

Houses 210 · Condos 11

For rent

Median $1,750

Houses 25 · Condos 6

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 housing compared to provincial median
Community-oriented with several parks

Keep in mind

Low walkability score of 20
Limited public transit options

The feel of the placeLifestyle

Daily life in St. Thomas is calm and community-focused. Residents enjoy local parks and schools.

Great for first-time buyers families those seeking affordable housing

Within the boundaryWhat's nearby

The boundary

36.0 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 36.0 km² of St. Thomas. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

4.8/10

Average rating of the 12 rated schools in this area

Elementary

Secondary

St Joseph's High School
Catholic · Grades 9–12 · London District Catholic School Board
6.5/106.5 over 5 yrs
311th of 742 Ontario secondary schools
960 students · EQAO 2024-2025
Mitchell Hepburn Public School
Public · Grades JK–8 · Thames Valley DSB
6.3/106.0 over 5 yrs
1,366th of 3,045 Ontario elementary schools
695 students · EQAO 2024-2025
Parkside Collegiate Institute
Public · Grades 9–12 · Thames Valley DSB
6.1/105.5 over 5 yrs
367th of 742 Ontario secondary schools
1,015 students · EQAO 2024-2025
Lockes Public School
Public · Grades JK–8 · Thames Valley DSB
5.8/105.0 over 5 yrs
1,729th of 3,045 Ontario elementary schools
630 students · EQAO 2024-2025
Central Elgin Collegiate Institute
Public · Grades 9–12 · Thames Valley DSB
5.6/106.0 over 5 yrs
453rd of 742 Ontario secondary schools
690 students · EQAO 2024-2025
St. Anne's Separate School
Catholic · Grades JK–8 · London District Catholic School Board
5.6/105.0 over 5 yrs
1,868th of 3,045 Ontario elementary schools
800 students · EQAO 2024-2025

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

42,840

Population (2021)

35.6 km²

Area

1,203

People per km²

43.9

Median age

$79,058

Median income

68%

Own their home

2.4

People per household

18,075

Households

Every age

Children (under 15)16.7%
Working age (15–64)62.1%
Seniors (65+)21.2%

What is built here

Detached houses64.8%
Semi-detached7.4%
Townhouses4%
Duplexes3.2%
Low-rise apartments16.1%
High-rise apartments4.3%

Own or rent

68%Owners

32%Renters

Across 18,075 households

When it was built

Mostly 1960 or earlier

1960 or earlier33%
1961–198025%
1981–19908%
1991–20009%
2001–20056%
2006–20107%
2011–20154%
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.

10.5%
Born outside Canada: 13.6%
Hold a degree or higher: 52.4%
Employment rate: 0.1%
Commute by transit: 93.6%
Commute by car: 1.7
Children per family: $70,317
Median income after tax: $88,973
Average household income: 10.9%
Living on a low income: $1,181/mo
Renters pay, per month: $1,209/mo
Owners pay, per month: $445,435
Median home value at census: 32.4%
Renters spending 30%+ of income on housing: 8.1%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 61 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 St. Thomas

128 homes were leased in St. Thomas over the 12 months to September 2026. Half leased above $2,042 and half below, 11.5% lower than the 12 months before. A typical home found its tenant in 35 days — 2 days quicker than a year ago.

Median rent: $2,042; -11.5% year over year
Days to lease: 35; 2 days quicker
Leases closed: 128; last 12 months
Rent per square foot: $1.80/mo; from 110 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.

$18,693$12,444$6,194$-55

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: 5.5%

From 128 leases that closed here in the last 12 months.

Rent or buy in St. Thomas

22.1 years

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

Median sold price

$541,708

609 sales

Median rent

$2,042/mo

128 leases

Gross rental yield

4.52%

before costs

Both figures come from deals that actually closed in St. Thomas 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 St. Thomas

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

128leases

Detached$2,59421.1%
Multiplex$1,3005.5%
Freehold town$2,6003.9%
Other kinds, too few of each —69.5%

How fast it moves

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

Oct 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — St. Thomas, rentals

Monthly closed leases in St. Thomas
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	11	$1,300	$1,238 – $1,500	37	100.0%
Aug 2026	12	$2,100	$1,594 – $2,409	27	100.0%
Jul 2026	16	$2,038	$1,590 – $2,613	42	100.0%
Jun 2026	10	$2,048	$1,600 – $2,838	52	100.0%
May 2026	12	$2,050	$1,725 – $2,550	20	100.0%
Apr 2026	14	$2,400	$1,688 – $2,600	25	100.0%
Mar 2026	13	$2,400	$1,650 – $2,600	31	100.0%
Feb 2026	10	$2,500	$1,838 – $2,538	31	100.0%
Jan 2026	11	$1,800	$1,638 – $2,538	46	100.0%
Dec 2025	7	$1,725	$1,600 – $2,700	40	100.0%
Nov 2025	7	$2,000	$1,600 – $2,325	25	100.0%
Oct 2025	5	$1,700	$1,400 – $1,850	45	100.0%
Sep 2025	5	$2,650	$2,600 – $2,900	44	100.0%
Aug 2025	9	$2,700	$2,300 – $3,200	22	100.0%
Jul 2025	9	$1,895	$1,695 – $2,400	38	100.0%
Jun 2025	9	$2,250	$1,675 – $2,700	11	100.0%
May 2025	10	$1,675	$1,506 – $1,888	32	100.0%
Apr 2025	8	$2,250	$1,943 – $2,600	50	100.0%
Mar 2025	8	$2,300	$2,013 – $2,700	49	100.0%
Feb 2025	9	$2,600	$2,250 – $2,800	34	100.0%
Jan 2025	8	$2,600	$2,395 – $6,209	40	100.0%
Dec 2024	11	$2,650	$2,100 – $13,740	59	100.0%
Nov 2024	11	$1,695	$1,600 – $2,648	15	100.0%
Oct 2024	8	$2,775	$1,818 – $3,025	49	100.0%
Sep 2024	8	$2,700	$1,825 – $3,150	38	100.0%
Aug 2024	12	$2,625	$1,898 – $2,950	44	100.0%
Jul 2024	9	$2,700	$2,400 – $17,400	20	100.0%
Jun 2024	2	Not enough leases this month to report a median
May 2024	4	Not enough leases this month to report a median
Apr 2024	9	$1,800	$1,550 – $2,600	60	100.0%
Mar 2024	5	$2,250	$1,950 – $3,000	37	100.0%
Feb 2024	3	Not enough leases this month to report a median
Jan 2024	2	Not enough leases this month to report a median
Dec 2023	7	$2,600	$2,450 – $2,700	18	100.0%
Nov 2023	8	$2,800	$2,400 – $6,600	17	100.0%
Oct 2023	8	$3,000	$2,588 – $3,050	29	100.0%

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 St. Thomas

How much is rent in St. Thomas?

The median lease in St. Thomas closed at $2,042 a month over the 12 months to September 2026, across 128 leases.

Compiled by HOMEH from leases reported closed in St. Thomas 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 St. Thomas

What is the average rent in St. Thomas?

The median rent of the 31 rentals in St. Thomas is $1,750/mo, from $1,250 to $3,000 a month.

Houses for rent in St. Thomas

How much is a 1-bedroom apartment in St. Thomas?

8 1-bedroom rentals are listed in St. Thomas, with a median rent of $1,580/mo.

Condos for rent in St. Thomas

How much is a 2-bedroom apartment in St. Thomas?

16 2-bedroom rentals are listed in St. Thomas, with a median rent of $1,750/mo.

Condos for rent in St. Thomas

Keep looking

More Apartments & Homes for Rent in St. Thomas

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