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 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
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 $2,099, whereas a house costs $2,937. 1-bedroom apartments in Richmond Hill run $2,049 on average, while 2-bedroom apartments are $2,300.


Studio	$1,867	11%	15%
1 bedroom	$2,049	3%	1%
2 bedroom	$2,338	No Change	8%
3 bedroom	$3,149	6%	4%
4 bedroom	$3,950	11%	12%

		Listings
Crosby	$2,365
Devonsleigh	$2,250
Harding	$2,250
Langstaff	$2,389
Mill Pond	$1,952
North Richvale	$2,299
Oak Ridges	$2,100
Oak Ridges Lake Wilcox	$2,250
Rural Richmond Hill	$2,329
Westbrook	$1,977


Apartments	$2,099	3%	No Change
Condos	$2,425	1%	No Change
Houses	$2,937	7%	No Change
Rooms	$1,115	10%	-

Studio

Average rent

$1,867

Last 30 days

11%

Last year

15%

1 bedroom

Average rent

$2,049

Last 30 days

Last year

2 bedroom

Average rent

$2,338

Last 30 days

No Change

Last year

3 bedroom

Average rent

$3,149

Last 30 days

Last year

4 bedroom

Average rent

$3,950

Last 30 days

11%

Last year

12%

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$2,100

higher than the national median

Median rent price$2,267

17%

higher than the national median

Takeaway

The median rent for all rentals in Richmond Hill, ON is 7% lower than the median rent in Ajax, ON.

Average rent in nearby cities

Explore rent trends in neighboring markets

$2,267

$2,124

Bradford West Gwillimbury

$1,999

$2,197

$1,938

$1,770

$2,225

$2,287

$2,395

$2,550

$2,250

Whitchurch Stouffville

$2,100

13%

Last year

Discover rentals in Richmond Hill, ON

1d ago

Rouge Woods townhouse for rent in Richmond Hill

82 Bridlepath Street, Richmond Hill, ON L4S 1S2

1 bed

1 bath

$1,000

House for rent

Available Aug 1

5d+ ago

Oak Ridges apartment for rent in Richmond Hill

155 Betony Drive, Richmond Hill, ON L4E 0P3

2 beds

1 bath

$1,800

Apartment for rent

Available Aug 1

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

Apartment for rent

2d ago

Westbrook apartment for rent in Richmond Hill

116 Leyburn Ave, Richmond Hill, ON L4C 0J6

3 beds

2 baths

$2,500

$2,300

Price drop

Apartment for rent

Available Aug 1

5d+ ago

Crosby apartment for rent in Richmond Hill

Other - Richmond Hill, ON

236 Anzac Rd, Richmond Hill, ON L4C 3G8

3 beds

1 bath

$2,600

Apartment for rent

5d+ ago

Verified

112 Barnwood Drive, Richmond Hill, ON L4E 5A2

4 beds

4 baths

$4,100

House for rent

Available Sep 16

Stay up to date with rental market insights

National Rent Report

Canadian Rent Report

Annual Rent Report

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 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 $2,100 per month as of August 1, 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 12% since last year.

How does Richmond Hill rent compare to the national average?

Rent in Richmond Hill is 8% above the national average, which means renters are paying approximately $160 more per month.

Which neighborhoods are most affordable in Richmond Hill?

The most affordable neighborhoods in Richmond Hill are Mill Pond ($1,952/mo), Westbrook ($1,977/mo), and Oak Ridges ($2,100/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 $84,000/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?

Based on Zumper's July 2026 data, one-bedroom apartments in Richmond Hill average around $2,040/month and two-bedrooms approximately $2,450/month.

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).

Apartments for rent in Barrie

Apartments for rent in Brampton

Apartments for rent in Burlington

Apartments for rent in Guelph

Apartments for rent in Mississauga

Apartments for rent in Oakville

Apartments for rent in Oshawa

Apartments for rent in Toronto

Apartments for rent in Vaughan