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 5% in the last month and have decreased by 9% 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 $2,192. A 1-bedroom apartment in Thornhill, Markham, ON costs about $1,850 on average, while a 2-bedroom apartment is $2,193. Houses for rent in Thornhill, Markham, ON are more expensive, with an average monthly cost of $3,225.


1 bedroom	$2,000	3%	10%
2 bedroom	$2,388	4%	2%
3 bedroom	$3,349	6%	2%
4 bedroom	$3,300	No Change	-
Studio	$1,750	No Change	54%

		Comparables
Bayview Woods Steeles	$2,775
Commerce Valley	$2,200
Crestwood Springfarm Yorkhill	$2,269
Grandview	$2,585
Newtonbrook	$2,299
Royal Orchard	$2,265


Apartments	$2,192	2%	No Change
Condos	$3,315	15%	No Change
Houses	$3,225	23%	-
Rooms	$740	-	-

Studio

Average rent

$1,750

Last year

54%

1 bedroom

Average rent

$2,000

Last 30 days

Last year

10%

2 bedroom

Average rent

$2,388

Last 30 days

Last year

3 bedroom

Average rent

$3,349

Last 30 days

Last year

4 bedroom

Average rent

$3,300

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$2,187

13%

higher than the national median

Median rent price$2,200

14%

higher than the national median

Takeaway

The median rent for all rentals in Thornhill, Markham, ON is 1% lower 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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