Last updated on October 31, 2026

Average rent in
Newmarket, ON

Median rent

Median rent in Newmarket

$2,199/mo

decreased by12%

vs previous year

The average rent in Newmarket is $2,199 per month as of October 2026. This is 16% above the national average rent, or $299 more per month.

$3.06

average price per square foot

Total rentals

Available rentals in Newmarket

20

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Newmarket rentals at each price point

85%64%43%21%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 decreased by 2% over the last month and have decreased by 12% 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 $2,215, whereas a house costs $2,412. 1-bedroom apartments in Newmarket run $2,125 on average, while 2-bedroom apartments are $2,497.

Listings

Studio

$1,530

No Change

12%

1 bedroom

$2,020

3%

4%

2 bedroom

$2,350

6%

10%

3 bedroom

$3,100

No Change

No Change

4 bedroom

$4,450

26%

39%

Studio

Average rent

$1,530

Last year

12%

1 bedroom

Average rent

$2,020

Last 30 days

3%

Last year

4%

2 bedroom

Average rent

$2,350

Last 30 days

6%

Last year

10%

3 bedroom

Average rent

$3,100

4 bedroom

Average rent

$4,450

Last 30 days

26%

Last year

39%

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$2,199
increased by16%

higher than the national median

Median rent price$2,205
increased by16%

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

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
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

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
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

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
348 Terry Drive - Photo 1 of 1

2d ago

Central Newmarket house for rent in Newmarket

3 beds

2.5 baths

$3,050

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

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 $2,199 per month as of October 24, 2026.

Is rent up or down in Newmarket?

Average rent prices in Newmarket have decreased by 2% over the last month and have decreased by 12% since last year.

How does Newmarket rent compare to the national average?

Rent in Newmarket is 16% above the national average, which means renters are paying approximately $299 more per month.

Which neighborhoods are most affordable in Newmarket?

The most affordable neighborhoods in Newmarket are Bristol London ($2,100/mo), Woodland Hill ($2,154/mo), and Stonehaven Wyndham ($2,154/mo).

What salary do I need to afford rent in Newmarket?

To comfortably afford rent in Newmarket, you'd need to earn approximately $88,000/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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