Average Rent in Richmond Hill, ON and Rent Price Trends

Rent trends in Richmond Hill, ON

Average rent prices in Richmond Hill have decreased by 2% over the last month and have decreased by 8% 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
Richmond Hill, ON

Rent prices in Richmond Hill vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Richmond Hill is $2,110, whereas a house costs $2,962. 1-bedroom apartments in Richmond Hill run $1,999 on average, while 2-bedroom apartments are $2,300.


Studio	$1,800	5%	17%
1 bedroom	$1,999	No Change	1%
2 bedroom	$2,330	1%	3%
3 bedroom	$3,099	2%	10%
4 bedroom	$3,300	7%	7%

		Listings
Crosby	$2,130
Doncrest	$2,423
Harding	$2,277
Langstaff	$2,497
Mill Pond	$2,100
North Richvale	$2,299
Oak Ridges Lake Wilcox	$2,450
Observatory	$2,300
Rouge Woods	$2,256
Rural Richmond Hill	$2,349


Apartments	$2,110	3%	No Change
Condos	$2,550	3%	No Change
Houses	$2,962	10%	No Change
Rooms	$867	9%	No Change

Studio

Average rent

$1,800

Last 30 days

Last year

17%

1 bedroom

Average rent

$1,999

Last 30 days

No Change

Last year

2 bedroom

Average rent

$2,330

Last 30 days

Last year

3 bedroom

Average rent

$3,099

Last 30 days

Last year

10%

4 bedroom

Average rent

$3,300

Last 30 days

Last year

The table above reflects average rent prices in Richmond Hill, 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 Richmond Hill, ON compare to other cities?

Compare median rent prices in Richmond Hill and Ajax by all bedroom counts and property types.

Richmond Hill

Median rent price$2,280

20%

higher than the national median

Median rent price$2,199

16%

higher than the national median

Takeaway

The median rent for all rentals in Richmond Hill, ON is 4% higher than the median rent in Ajax, ON.

Average rent in nearby cities

Explore rent trends in neighboring markets

$2,199

$2,256

Bradford West Gwillimbury

$2,328

$2,200

$2,330

$1,769

$1,949

$2,300

$2,262

$2,945

$2,300

Whitchurch Stouffville

$2,314

20%

Last year

Discover rentals in Richmond Hill, ON

5d+ ago

Rouge Woods townhouse for rent in Richmond Hill

82 Bridlepath Street, Richmond Hill, ON L4S 1S2

2 beds

1 bath

$1,500

5d+ ago

Mill Pond apartment for rent in Richmond Hill

Other - Richmond Hill, ON

185 Rumble Ave Fl 2, Richmond Hill, ON L4C 4G5

2 beds

1 bath

$1,950

5d+ ago

8.8

Very good

Elmwood Hill

441 Elmwood Ave, Richmond Hill, ON L4C 1M5

2 beds

1 bath

$2,300

Rent special

5d+ ago

9.4

Excellent

Tiffany Hill

34 Centre St W, Richmond Hill, ON L4C 3P5

2 beds

1 bath

$2,300

5d+ ago

North Richvale house for rent in Richmond Hill

17 Sabrina Court, Richmond Hill, ON L4C 5P8

2 beds

1 bath

$2,350

5d+ ago

9.3

Excellent

Cedar Hill

100 Cedar Ave, Richmond Hill, ON L4C 2A9

2 beds

1 bath

$2,400

5d+ ago

Oak Ridges Lake Wilcox townhouse for rent in Richmond Hill

117 English Oak Drive, Richmond Hill, ON L4E 3X4

3 beds

3 baths

$2,950

5d+ ago

Verified

112 Barnwood Drive, Richmond Hill, ON L4E 5A2

4 beds

4 baths

$4,100

Stay up to date with rental market insights

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Annual Rent Report

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Frequently asked questions for Richmond Hill, ON

Quick answers to common questions about the Richmond Hill rental market.

How much is rent in Richmond Hill?

The average rent in Richmond Hill is $2,280 per month as of September 12, 2026.

Is rent up or down in Richmond Hill?

Average rent prices in Richmond Hill have decreased by 2% over the last month and have decreased by 8% since last year.

How does Richmond Hill rent compare to the national average?

Rent in Richmond Hill is 20% above the national average, which means renters are paying approximately $380 more per month.

Which neighborhoods are most affordable in Richmond Hill?

The most affordable neighborhoods in Richmond Hill are Mill Pond ($2,100/mo), Crosby ($2,130/mo), and Rouge Woods ($2,256/mo).

What salary do I need to afford rent in Richmond Hill?

To comfortably afford rent in Richmond Hill, you'd need to earn approximately $91,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Richmond Hill?

November and December offer the best rental deals in Richmond Hill, with November seeing the lowest rents of the year. These winter months can save you money compared to spring and summer, when April hits peak pricing with roughly 17% higher rents than November.

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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