Average Rent in Thornhill, Markham, ON and Rent Price Trends

Rent price trends in
Thornhill, Markham, ON

Rent price trends

Rent prices for all bedroom counts and property types in Thornhill, Markham, ON have decreased by 2% in the last month and have decreased by 4% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Thornhill, Markham, ON
The monthly rent for an apartment in Thornhill, Markham, ON is $2,310. A 1-bedroom apartment in Thornhill, Markham, ON costs about $1,995 on average, while a 2-bedroom apartment is $2,315. Houses for rent in Thornhill, Markham, ON are more expensive, with an average monthly cost of $2,750.


1 bedroom	$1,995	4%	3%
2 bedroom	$2,445	1%	4%
3 bedroom	$4,007	No Change	12%
4 bedroom	$3,550	No Change	7%
Studio	$1,700	No Change	6%

		Comparables
Bayview Woods Steeles	$2,692
Commerce Valley	$2,250
Crestwood Springfarm Yorkhill	$2,465
Grandview	$2,445
Newtonbrook	$2,299
Royal Orchard	$2,497


Apartments	$2,310	2%	No Change
Condos	$2,700	No Change	-
Houses	$2,750	23%	No Change
Rooms	$940	-	-

Studio

Average rent

$1,700

Last year

1 bedroom

Average rent

$1,995

Last 30 days

Last year

2 bedroom

Average rent

$2,445

Last 30 days

Last year

3 bedroom

Average rent

$4,007

Last year

12%

4 bedroom

Average rent

$3,550

Last year

The table above reflects average rent prices in Thornhill, Markham, ON, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Thornhill, Markham, ON to other neighborhoods

Median rent prices in Thornhill, Markham, ON for all bedroom counts and property types compared to Commerce Valley, Markham, ON.

Thornhill

Median rent price$2,299

18%

higher than the national median

Median rent price$2,250

15%

higher than the national median

Takeaway

The median rent for all rentals in Thornhill, Markham, ON is 2% higher than the median rent in Commerce Valley, Markham, ON.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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