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 increased by 1% in the last month and have decreased by 12% 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 $2,237. A 1-bedroom apartment in Thornhill, Markham, ON costs about $1,911 on average, while a 2-bedroom apartment is $2,260. Houses for rent in Thornhill, Markham, ON are more expensive, with an average monthly cost of $3,250.


1 bedroom	$1,913	1%	11%
2 bedroom	$2,299	1%	6%
3 bedroom	$3,450	4%	7%
4 bedroom	$3,200	No Change	-
Studio	$4,100	No Change	80%

		Comparables
Bayview Woods Steeles	$3,152
Commerce Valley	$2,261
Crestwood Springfarm Yorkhill	$2,258
Grandview	$2,137
Newtonbrook	$2,395
Royal Orchard	$2,267


Apartments	$2,237	No Change	No Change
Condos	$2,880	15%	No Change
Houses	$3,250	23%	No Change

Studio

Average rent

$4,100

Last year

80%

1 bedroom

Average rent

$1,913

Last 30 days

Last year

11%

2 bedroom

Average rent

$2,299

Last 30 days

Last year

3 bedroom

Average rent

$3,450

Last 30 days

Last year

4 bedroom

Average rent

$3,200

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$2,256

19%

higher than the national median

Median rent price$2,261

19%

higher than the national median

Takeaway

The median rent for all rentals in Thornhill, Markham, ON is equal to 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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