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 increased by 8% in the last month and have decreased by 27% 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 $2,300. A 1-bedroom apartment in Oak Ridges, Richmond Hill, ON costs about $2,097 on average, while a 2-bedroom apartment is $2,350. Houses for rent in Oak Ridges, Richmond Hill, ON are more expensive, with an average monthly cost of $2,987.


1 bedroom	$2,050	No Change	59%
2 bedroom	$2,598	3%	12%
3 bedroom	$2,850	1%	24%
4 bedroom	$5,250	No Change	19%
Studio	$1,580	No Change	-

		Comparables
Beverley Glen	$2,300
Central Newmarket	$2,399
Jefferson	$2,250
Oak Ridges Lake Wilcox	$2,259
South Richvale	$2,300
Vellore Village	$2,400


Apartments	$2,300	3%	No Change
Condos	$2,400	No Change	No Change
Houses	$2,987	1%	No Change
Rooms	$1,075	14%	No Change

Studio

Average rent

$1,580

1 bedroom

Average rent

$2,050

Last 30 days

No Change

Last year

59%

2 bedroom

Average rent

$2,598

Last 30 days

Last year

12%

3 bedroom

Average rent

$2,850

Last 30 days

Last year

24%

4 bedroom

Average rent

$5,250

Last year

19%

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$2,198

16%

higher than the national median

Median rent price$2,399

26%

higher than the national median

Takeaway

The median rent for all rentals in Oak Ridges, Richmond Hill, ON is 8% 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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