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August 2025 · Newmarket
Average Rent in Newmarket — August 2025
100 confirmed residential leases in Newmarket in August 2025. Average rent $2,677/month. Mixed conditions across property types.
Avg Lease Price $2,677/mo
Median Lease $2,600/mo
Avg Asking $2,665/mo
Lease / Ask 100.5%
Leased Over Asking 9%
Avg DOM 38 days
Total Leased
100
all residential
Avg Lease Price
$2,677
per month
Median Lease
$2,600
mid-point
Lease / Ask
100.5%
avg ratio
Over Asking
9%
of all leases
Avg DOM
38
days on market
Lease Prices by Property Type
Newmarket · August 2025
💰 Lease Price Summary
Average Lease $2,677/mo
Median Lease $2,600/mo
Avg Asking Rent $2,665/mo
Lowest Lease $1,350
Highest Lease $9,000
Lease / Ask Ratio 100.5%
📊 Market Activity
Leased over asking 9.0%
Leased at asking 70.0%
Leased under asking 21.0%
Avg Days on Market 38 days
Fast · 050Slow · 100+
⚖️ Balanced — 9% over vs 21% under asking.
💰 Lease Price Summary
Average Lease $2,490/mo
Median Lease $2,500/mo
Avg Asking Rent $2,494/mo
Lowest Lease $2,000
Highest Lease $2,900
Lease / Ask Ratio 99.8%
📊 Market Activity
Leased over asking 4.2%
Leased at asking 75.0%
Leased under asking 20.8%
Avg Days on Market 30 days
Fast · 050Slow · 100+
⚖️ Balanced — 4.2% over vs 20.8% under asking.
💰 Lease Price Summary
Average Lease $2,706/mo
Median Lease $2,600/mo
Avg Asking Rent $2,679/mo
Lowest Lease $1,350
Highest Lease $9,000
Lease / Ask Ratio 101.0%
📊 Market Activity
Leased over asking 12.5%
Leased at asking 68.8%
Leased under asking 18.8%
Avg Days on Market 42 days
Fast · 050Slow · 100+
⚖️ Balanced — 12.5% over vs 18.8% under asking.
💰 Lease Price Summary
Average Lease $2,745/mo
Median Lease $2,750/mo
Avg Asking Rent $2,763/mo
Lowest Lease $2,000
Highest Lease $3,400
Lease / Ask Ratio 99.4%
📊 Market Activity
Leased over asking 4.3%
Leased at asking 65.2%
Leased under asking 30.4%
Avg Days on Market 34 days
Fast · 050Slow · 100+
⚖️ Balanced — 4.3% over vs 30.4% under asking.
💰 Lease Price Summary
Average Lease $2,344/mo
Median Lease $2,238/mo
Avg Asking Rent $2,344/mo
Lowest Lease $1,700
Highest Lease $3,200
Lease / Ask Ratio 100.0%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 100.0%
Leased under asking 0.0%
Avg Days on Market 38 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Nearby Cities · August 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Aurora | $3,066 | $3,100 | 100.4% | 43d | ⚖️ Balanced |
| East Gwillimbury | $3,361 | $3,345 | 98.7% | 43d | ⚖️ Balanced |
| Bradford West Gwillimbury | $2,880 | $3,050 | 100.4% | 36d | ⚖️ Balanced |
| Richmond Hill | $3,098 | $3,000 | 99.2% | 44d | ⚖️ Balanced |
| Georgina | $2,876 | $2,900 | 99.9% | 45d | ⚖️ Balanced |
Frequently Asked Questions
Newmarket · August 2025
The average confirmed lease in Newmarket was $2,677/month in August 2025,
based on 100 MLS® transactions. The median was
$2,600/month.
Condos averaged $2,490/mo, freehold averaged $2,706/mo, and townhouses averaged $2,745/mo.
Units in Newmarket took an average of 38 days to lease in August 2025.
Freehold rentals averaged 42 days while condos averaged 30 days.
In August 2025, condos averaged $2,490/month while freehold rentals averaged $2,706/month —
a difference of $216/month.
Newmarket averaged $2,677/month in August 2025. Georgina averaged $2,876/mo. See the full August 2025 Ontario lease summary →
Looking to rent in Newmarket?
Browse available rentals or connect with a local agent who knows the rental market.
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.
