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July 2025 · Newmarket
Average Rent in Newmarket — July 2025
88 confirmed residential leases in Newmarket in July 2025. Average rent $2,807/month. Mixed conditions across property types.
Avg Lease Price $2,807/mo
Median Lease $2,960/mo
Avg Asking $2,834/mo
Lease / Ask 99.1%
Leased Over Asking 10.2%
Avg DOM 41 days
Total Leased
88
all residential
Avg Lease Price
$2,807
per month
Median Lease
$2,960
mid-point
Lease / Ask
99.1%
avg ratio
Over Asking
10.2%
of all leases
Avg DOM
41
days on market
Lease Prices by Property Type
Newmarket · July 2025
💰 Lease Price Summary
Average Lease $2,807/mo
Median Lease $2,960/mo
Avg Asking Rent $2,834/mo
Lowest Lease $1,350
Highest Lease $5,500
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 10.2%
Leased at asking 59.1%
Leased under asking 30.7%
Avg Days on Market 41 days
Fast · 050Slow · 100+
⚖️ Balanced — 10.2% over vs 30.7% under asking.
💰 Lease Price Summary
Average Lease $2,617/mo
Median Lease $2,550/mo
Avg Asking Rent $2,658/mo
Lowest Lease $2,100
Highest Lease $3,450
Lease / Ask Ratio 98.4%
📊 Market Activity
Leased over asking 9.1%
Leased at asking 36.4%
Leased under asking 54.5%
Avg Days on Market 37 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 54.5% leased below asking. Avg 37 days on market.
💰 Lease Price Summary
Average Lease $2,916/mo
Median Lease $3,100/mo
Avg Asking Rent $2,943/mo
Lowest Lease $1,400
Highest Lease $5,500
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 9.1%
Leased at asking 63.6%
Leased under asking 27.3%
Avg Days on Market 46 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.1% over vs 27.3% under asking.
💰 Lease Price Summary
Average Lease $2,845/mo
Median Lease $3,000/mo
Avg Asking Rent $2,863/mo
Lowest Lease $1,400
Highest Lease $3,450
Lease / Ask Ratio 99.4%
📊 Market Activity
Leased over asking 12.1%
Leased at asking 60.6%
Leased under asking 27.3%
Avg Days on Market 35 days
Fast · 050Slow · 100+
⚖️ Balanced — 12.1% over vs 27.3% under asking.
💰 Lease Price Summary
Average Lease $1,510/mo
Median Lease $1,500/mo
Avg Asking Rent $1,510/mo
Lowest Lease $1,350
Highest Lease $1,680
Lease / Ask Ratio 100.0%
📊 Market Activity
Leased over asking 33.3%
Leased at asking 66.7%
Leased under asking 0.0%
Avg Days on Market 39 days
Fast · 050Slow · 100+
⚖️ Balanced — 33.3% over vs 0% under asking.
Nearby Cities · July 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Aurora | $3,037 | $3,100 | 99.3% | 44d | ⚖️ Balanced |
| East Gwillimbury | $3,234 | $3,450 | 100.9% | 48d | ⚖️ Balanced |
| Bradford West Gwillimbury | $2,511 | $2,650 | 99.9% | 55d | ⚖️ Balanced |
| Richmond Hill | $3,120 | $3,000 | 99.7% | 47d | ⚖️ Balanced |
| Georgina | $2,973 | $3,000 | 98.9% | 48d | ⚖️ Balanced |
Frequently Asked Questions
Newmarket · July 2025
The average confirmed lease in Newmarket was $2,807/month in July 2025,
based on 88 MLS® transactions. The median was
$2,960/month.
Condos averaged $2,617/mo, freehold averaged $2,916/mo, and townhouses averaged $2,845/mo.
Units in Newmarket took an average of 41 days to lease in July 2025.
Freehold rentals averaged 46 days while condos averaged 37 days.
In July 2025, condos averaged $2,617/month while freehold rentals averaged $2,916/month —
a difference of $299/month.
Newmarket averaged $2,807/month in July 2025. Georgina averaged $2,973/mo. Bradford West Gwillimbury averaged $2,511/mo. See the full July 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.
