Last updated on June 17, 2026

Average rent in
Newmarket, ON

Median rent

Median rent in Newmarket

$2,425/mo

increased by1%

vs previous year

The average rent in Newmarket is $2,425 per month as of June 2026. This is 24% above the national average rent, or $475 more per month.

$3.13

average price per square foot

Total rentals

Available rentals in Newmarket

15

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Newmarket rentals at each price point

75%56%38%19%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Newmarket, ON

Average rent prices in Newmarket have increased by 9% over the last month and have increased by 1% 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 $2,350, whereas a house costs $3,037. 1-bedroom apartments in Newmarket run $2,200 on average, while 2-bedroom apartments are $2,299.

Listings

Studio

$1,800

No Change

-

1 bedroom

$1,795

3%

14%

2 bedroom

$2,262

9%

6%

3 bedroom

$3,199

7%

3%

4 bedroom

$3,900

1%

31%

Studio

Average rent

$1,800

1 bedroom

Average rent

$1,795

Last 30 days

3%

Last year

14%

2 bedroom

Average rent

$2,262

Last 30 days

9%

Last year

6%

3 bedroom

Average rent

$3,199

Last 30 days

7%

Last year

3%

4 bedroom

Average rent

$3,900

Last 30 days

1%

Last year

31%

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$2,425
increased by24%

higher than the national median

Median rent price$2,299
increased by18%

higher than the national median

Takeaway

The median rent for all rentals in Newmarket, ON is 5% higher than the median rent in Aurora, ON.

Discover rentals in Newmarket, ON

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

House for rent

190 Cherrywood Dr Bsmt #Bsmt - Photo 1 of 1

1d ago

Bristol-London apartment for rent in Newmarket

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

2 beds

1 bath

$1,800

Apartment for rent

158 Cherrywood Dr Uppr - Photo 1 of 1

5d+ ago

Bristol-London apartment for rent in Newmarket

Bungalow, Other - Newmarket, ON

158 Cherrywood Dr Uppr, Newmarket, ON L3Y 2X7

3 beds

1 bath

$2,350

Apartment for rent

Manor Green - Photo 1 of 1

5d+ ago

8.8

Very good

Manor Green

400 Crossland Gate, Newmarket, ON L3X 1Y9

4 beds

2 baths

$2,450

Apartment for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

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 $2,425 per month as of June 13, 2026.

Is rent up or down in Newmarket?

Average rent prices in Newmarket have increased by 9% over the last month and have increased by 1% since last year.

How does Newmarket rent compare to the national average?

Rent in Newmarket is 24% above the national average, which means renters are paying approximately $475 more per month.

Which neighborhoods are most affordable in Newmarket?

The most affordable neighborhoods in Newmarket are Woodland Hill ($1,789/mo), Stonehaven Wyndham ($2,099/mo), and Summerhill Estates ($2,250/mo).

What salary do I need to afford rent in Newmarket?

To comfortably afford rent in Newmarket, you'd need to earn approximately $97,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Newmarket?

Central Newmarket stands out as the top choice, offering both environmental sustainability and strong social connectivity with 1-bedroom apartments at around $2,300 per month. Huron Heights generates the highest consumer interest at 1.7 times the market average, also priced at around $2,300 monthly. Leslie Valley and Woodland Hill provide excellent community connections through superior transit scores and walkability, while Bristol-London attracts 1.2 times more interest than average with the same pricing structure.

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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