Average Rent in Oak Ridges, Richmond Hill, ON and Rent Price Trends

Rent price trends in
Oak Ridges, Richmond Hill, ON

Rent price trends

Rent prices for all bedroom counts and property types in Oak Ridges, Richmond Hill, ON have remained the same in the last month and have decreased by 26% in the last year.

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

Rent comparables in
Oak Ridges, Richmond Hill, ON
The monthly rent for an apartment in Oak Ridges, Richmond Hill, ON is $2,268. A 1-bedroom apartment in Oak Ridges, Richmond Hill, ON costs about $2,049 on average, while a 2-bedroom apartment is $2,374. Houses for rent in Oak Ridges, Richmond Hill, ON are more expensive, with an average monthly cost of $2,875.


1 bedroom	$2,000	2%	13%
2 bedroom	$2,374	2%	-
3 bedroom	$3,102	2%	6%
4 bedroom	$3,780	No Change	10%
Studio	$1,650	No Change	-

		Comparables
Beverley Glen	$2,297
Central Newmarket	$2,349
Jefferson	$2,835
Oak Ridges Lake Wilcox	$2,280
South Richvale	$2,299
Vellore Village	$2,250


Apartments	$2,268	47%	No Change
Condos	$2,650	No Change	No Change
Houses	$2,875	1%	No Change
Rooms	$1,200	3%	No Change

Studio

Average rent

$1,650

1 bedroom

Average rent

$2,000

Last 30 days

Last year

13%

2 bedroom

Average rent

$2,374

Last 30 days

3 bedroom

Average rent

$3,102

Last 30 days

Last year

4 bedroom

Average rent

$3,780

Last year

10%

The table above reflects average rent prices in Oak Ridges, 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.

Compare rent prices in Oak Ridges, Richmond Hill, ON to other neighborhoods

Median rent prices in Oak Ridges, Richmond Hill, ON for all bedroom counts and property types compared to Central Newmarket, Newmarket, ON.

Oak Ridges

Median rent price$2,257

17%

higher than the national median

Median rent price$2,349

22%

higher than the national median

Takeaway

The median rent for all rentals in Oak Ridges, Richmond Hill, ON is 4% lower than the median rent in Central Newmarket, Newmarket, ON.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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