Last updated on September 16, 2026

Average rent in
Newmarket, ON

Median rent

Median rent in Newmarket

$2,262/mo

decreased by9%

vs previous year

The average rent in Newmarket is $2,262 per month as of September 2026. This is 19% above the national average rent, or $362 more per month.

$3.22

average price per square foot

Total rentals

Available rentals in Newmarket

11

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Newmarket rentals at each price point

80%60%40%20%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Newmarket, ON, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Newmarket, ON

Average rent prices in Newmarket have remained the same over the last month and have decreased by 9% since last year.

Rent trends

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

Compare rent prices in Newmarket, ON

Rent prices in Newmarket vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Newmarket is $2,299, whereas a house costs $2,295. 1-bedroom apartments in Newmarket run $2,199 on average, while 2-bedroom apartments are $2,489.

Listings

Studio

$1,550

9%

-

1 bedroom

$2,049

1%

2%

2 bedroom

$2,324

2%

5%

3 bedroom

$2,710

3%

15%

4 bedroom

$3,900

24%

38%

Studio

Average rent

$1,550

Last 30 days

9%

1 bedroom

Average rent

$2,049

Last 30 days

1%

Last year

2%

2 bedroom

Average rent

$2,324

Last 30 days

2%

Last year

5%

3 bedroom

Average rent

$2,710

Last 30 days

3%

Last year

15%

4 bedroom

Average rent

$3,900

Last 30 days

24%

Last year

38%

The table above reflects average rent prices in Newmarket, 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.

How does rent in Newmarket, ON compare to other cities?

Compare median rent prices in Newmarket and Aurora by all bedroom counts and property types.

Newmarket

Median rent price$2,262
increased by19%

higher than the national median

Median rent price$2,256
increased by19%

higher than the national median

Takeaway

The median rent for all rentals in Newmarket, ON is equal to the median rent in Aurora, ON.

Discover rentals in Newmarket, ON

190 Cherrywood Dr Bsmt #Bsmt - Photo 1 of 1

5d+ ago

Bristol-London apartment for rent in Newmarket

Bungalow, Other - Newmarket, ON

190 Cherrywood Dr Bsmt #Bsmt, Newmarket, ON L3Y 2X8

2 beds

1 bath

$1,550

Davis Dr & Longford Dr - Photo 1 of 1

5d+ ago

Bristol-London house for rent in Newmarket

209 Septonne Ave - Photo 1 of 1

5d+ ago

Bristol-London house for rent in Newmarket

Other - Newmarket, ON

209 Septonne Ave, Newmarket, ON L3Y 2W5

2 beds

1 bath

$1,700

231 Silverbirch Drive #B - Photo 1 of 1

5d+ ago

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Frequently asked questions for Newmarket, ON

Quick answers to common questions about the Newmarket rental market.

How much is rent in Newmarket?

The average rent in Newmarket is $2,262 per month as of September 12, 2026.

Is rent up or down in Newmarket?

Average rent prices in Newmarket have remained the same over the last month and have decreased by 9% since last year.

How does Newmarket rent compare to the national average?

Rent in Newmarket is 19% above the national average, which means renters are paying approximately $362 more per month.

Which neighborhoods are most affordable in Newmarket?

The most affordable neighborhoods in Newmarket are Bristol London ($2,200/mo), Leslie Valley ($2,215/mo), and Summerhill Estates ($2,256/mo).

What salary do I need to afford rent in Newmarket?

To comfortably afford rent in Newmarket, you'd need to earn approximately $90,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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