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Home Ontario Lease Prices Newmarket
February 2026 · Newmarket

Average Rent in Newmarket — February 2026

101 confirmed residential leases in Newmarket in February 2026. Average rent $2,417/month. Mixed conditions across property types.

🏠 101 Leases 💰 Avg $2,417/mo ⏱ 49 Days on Market 📅 February 2026
Avg Lease Price $2,417/mo
Median Lease $2,150/mo
Avg Asking $2,443/mo
Lease / Ask 99.0%
Leased Over Asking 8.9%
Avg DOM 49 days
Total Leased
101
all residential
Avg Lease Price
$2,417
per month
Median Lease
$2,150
mid-point
Lease / Ask
99.0%
avg ratio
Over Asking
8.9%
of all leases
Avg DOM
49
days on market
Lease Prices by Property Type
Newmarket · February 2026
💰 Lease Price Summary
Average Lease $2,417/mo
Median Lease $2,150/mo
Avg Asking Rent $2,443/mo
Lowest Lease $1,400
Highest Lease $4,800
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 8.9%
Leased at asking 60.4%
Leased under asking 30.7%
Avg Days on Market 49 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.9% over vs 30.7% under asking.
💰 Lease Price Summary
Average Lease $2,154/mo
Median Lease $2,065/mo
Avg Asking Rent $2,180/mo
Lowest Lease $1,780
Highest Lease $3,200
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 9.1%
Leased at asking 56.8%
Leased under asking 34.1%
Avg Days on Market 45 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.1% over vs 34.1% under asking.
💰 Lease Price Summary
Average Lease $2,652/mo
Median Lease $2,650/mo
Avg Asking Rent $2,683/mo
Lowest Lease $1,400
Highest Lease $4,800
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 6.7%
Leased at asking 62.2%
Leased under asking 31.1%
Avg Days on Market 55 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.7% over vs 31.1% under asking.
💰 Lease Price Summary
Average Lease $2,831/mo
Median Lease $2,825/mo
Avg Asking Rent $2,863/mo
Lowest Lease $2,250
Highest Lease $3,400
Lease / Ask Ratio 98.9%
📊 Market Activity
Leased over asking 7.1%
Leased at asking 57.1%
Leased under asking 35.7%
Avg Days on Market 40 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.1% over vs 35.7% under asking.
💰 Lease Price Summary
Average Lease $1,752/mo
Median Lease $1,700/mo
Avg Asking Rent $1,712/mo
Lowest Lease $1,550
Highest Lease $2,059
Lease / Ask Ratio 102.3%
📊 Market Activity
Leased over asking 25.0%
Leased at asking 75.0%
Leased under asking 0.0%
Avg Days on Market 40 days
Fast · 050Slow · 100+
⚖️ Balanced — 25% over vs 0% under asking.
Nearby Cities · February 2026
Average confirmed lease price across all residential property types
All Types
CityAvg LeaseMedianLease / AskDOMMarket
Aurora$2,846$2,500 98.0%64d⚖️ Balanced
East Gwillimbury$2,985$3,000 99.0%75d⚖️ Balanced
Bradford West Gwillimbury$2,422$2,425 100.0%60d⚖️ Balanced
Richmond Hill$2,914$2,850 98.6%55d⚖️ Balanced
Georgina$2,355$2,350 99.1%47d⚖️ Balanced
Frequently Asked Questions
Newmarket · February 2026
The average confirmed lease in Newmarket was $2,417/month in February 2026, based on 101 MLS® transactions. The median was $2,150/month. Condos averaged $2,154/mo, freehold averaged $2,652/mo, and townhouses averaged $2,831/mo.
Units in Newmarket took an average of 49 days to lease in February 2026. Freehold rentals averaged 55 days while condos averaged 45 days.
In February 2026, condos averaged $2,154/month while freehold rentals averaged $2,652/month — a difference of $498/month.
Newmarket averaged $2,417/month in February 2026. Bradford West Gwillimbury averaged $2,422/mo. Georgina averaged $2,355/mo. See the full February 2026 Ontario lease summary →

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Data note: Based on MLS® confirmed lease transaction data held in our system for Newmarket, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.

🗺 Nearby Cities
Aurora $2,846/mo
East Gwillimbury $2,985/mo
Bradford West Gwillimbury $2,422/mo
Richmond Hill $2,914/mo
Georgina $2,355/mo
All Ontario Cities
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