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June 2025 · Newmarket
Average Rent in Newmarket — June 2025
76 confirmed residential leases in Newmarket in June 2025. Average rent $2,773/month. Mixed conditions across property types.
Avg Lease Price $2,773/mo
Median Lease $2,850/mo
Avg Asking $2,779/mo
Lease / Ask 99.8%
Leased Over Asking 7.9%
Avg DOM 49 days
Total Leased
76
all residential
Avg Lease Price
$2,773
per month
Median Lease
$2,850
mid-point
Lease / Ask
99.8%
avg ratio
Over Asking
7.9%
of all leases
Avg DOM
49
days on market
Lease Prices by Property Type
Newmarket · June 2025
💰 Lease Price Summary
Average Lease $2,773/mo
Median Lease $2,850/mo
Avg Asking Rent $2,779/mo
Lowest Lease $1,150
Highest Lease $4,700
Lease / Ask Ratio 99.8%
📊 Market Activity
Leased over asking 7.9%
Leased at asking 69.7%
Leased under asking 22.4%
Avg Days on Market 49 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.9% over vs 22.4% under asking.
💰 Lease Price Summary
Average Lease $2,461/mo
Median Lease $2,395/mo
Avg Asking Rent $2,468/mo
Lowest Lease $2,100
Highest Lease $3,000
Lease / Ask Ratio 99.7%
📊 Market Activity
Leased over asking 7.7%
Leased at asking 76.9%
Leased under asking 15.4%
Avg Days on Market 48 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.7% over vs 15.4% under asking.
💰 Lease Price Summary
Average Lease $2,833/mo
Median Lease $2,950/mo
Avg Asking Rent $2,838/mo
Lowest Lease $1,150
Highest Lease $4,700
Lease / Ask Ratio 99.8%
📊 Market Activity
Leased over asking 8.5%
Leased at asking 66.0%
Leased under asking 25.5%
Avg Days on Market 50 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.5% over vs 25.5% under asking.
💰 Lease Price Summary
Average Lease $2,825/mo
Median Lease $3,000/mo
Avg Asking Rent $2,829/mo
Lowest Lease $1,250
Highest Lease $3,650
Lease / Ask Ratio 99.9%
📊 Market Activity
Leased over asking 9.5%
Leased at asking 71.4%
Leased under asking 19.0%
Avg Days on Market 43 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.5% over vs 19% under asking.
💰 Lease Price Summary
Average Lease $2,067/mo
Median Lease $2,000/mo
Avg Asking Rent $2,133/mo
Lowest Lease $1,700
Highest Lease $2,500
Lease / Ask Ratio 96.9%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 66.7%
Leased under asking 33.3%
Avg Days on Market 75 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 33.3% under asking.
Nearby Cities · June 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Aurora | $3,285 | $3,200 | 98.8% | 50d | ⚖️ Balanced |
| East Gwillimbury | $3,285 | $3,300 | 98.4% | 40d | ⚖️ Balanced |
| Bradford West Gwillimbury | $2,772 | $3,000 | 99.8% | 43d | ⚖️ Balanced |
| Richmond Hill | $3,096 | $3,000 | 99.0% | 46d | ⚖️ Balanced |
| Georgina | $2,816 | $2,925 | 99.7% | 56d | ⚖️ Balanced |
Frequently Asked Questions
Newmarket · June 2025
The average confirmed lease in Newmarket was $2,773/month in June 2025,
based on 76 MLS® transactions. The median was
$2,850/month.
Condos averaged $2,461/mo, freehold averaged $2,833/mo, and townhouses averaged $2,825/mo.
Units in Newmarket took an average of 49 days to lease in June 2025.
Freehold rentals averaged 50 days while condos averaged 48 days.
In June 2025, condos averaged $2,461/month while freehold rentals averaged $2,833/month —
a difference of $372/month.
Newmarket averaged $2,773/month in June 2025. Georgina averaged $2,816/mo. Bradford West Gwillimbury averaged $2,772/mo. See the full June 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.
