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October 2025 · Newmarket
Average Rent in Newmarket — October 2025
81 confirmed residential leases in Newmarket in October 2025. Average rent $2,778/month. Mixed conditions across property types.
Avg Lease Price $2,778/mo
Median Lease $2,800/mo
Avg Asking $2,799/mo
Lease / Ask 99.3%
Leased Over Asking 6.2%
Avg DOM 44 days
Total Leased
81
all residential
Avg Lease Price
$2,778
per month
Median Lease
$2,800
mid-point
Lease / Ask
99.3%
avg ratio
Over Asking
6.2%
of all leases
Avg DOM
44
days on market
Lease Prices by Property Type
Newmarket · October 2025
💰 Lease Price Summary
Average Lease $2,778/mo
Median Lease $2,800/mo
Avg Asking Rent $2,799/mo
Lowest Lease $1,200
Highest Lease $5,000
Lease / Ask Ratio 99.3%
📊 Market Activity
Leased over asking 6.2%
Leased at asking 69.1%
Leased under asking 24.7%
Avg Days on Market 44 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.2% over vs 24.7% under asking.
💰 Lease Price Summary
Average Lease $2,373/mo
Median Lease $2,350/mo
Avg Asking Rent $2,382/mo
Lowest Lease $2,000
Highest Lease $3,000
Lease / Ask Ratio 99.7%
📊 Market Activity
Leased over asking 6.7%
Leased at asking 80.0%
Leased under asking 13.3%
Avg Days on Market 32 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.7% over vs 13.3% under asking.
💰 Lease Price Summary
Average Lease $2,864/mo
Median Lease $2,950/mo
Avg Asking Rent $2,883/mo
Lowest Lease $1,200
Highest Lease $5,000
Lease / Ask Ratio 99.4%
📊 Market Activity
Leased over asking 7.1%
Leased at asking 67.9%
Leased under asking 25.0%
Avg Days on Market 45 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.1% over vs 25% under asking.
💰 Lease Price Summary
Average Lease $2,863/mo
Median Lease $2,990/mo
Avg Asking Rent $2,893/mo
Lowest Lease $2,350
Highest Lease $3,500
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 6.7%
Leased at asking 66.7%
Leased under asking 26.7%
Avg Days on Market 46 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.7% over vs 26.7% under asking.
💰 Lease Price Summary
Average Lease $1,788/mo
Median Lease $1,788/mo
Avg Asking Rent $1,850/mo
Lowest Lease $1,675
Highest Lease $1,900
Lease / Ask Ratio 96.6%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 50.0%
Leased under asking 50.0%
Avg Days on Market 31 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 50% leased below asking. Avg 31 days on market.
Nearby Cities · October 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Aurora | $3,050 | $3,000 | 99.3% | 38d | ⚖️ Balanced |
| East Gwillimbury | $3,054 | $3,200 | 99.5% | 50d | ⚖️ Balanced |
| Bradford West Gwillimbury | $2,688 | $2,750 | 99.1% | 44d | ⚖️ Balanced |
| Richmond Hill | $3,147 | $2,970 | 99.4% | 42d | ⚖️ Balanced |
| Georgina | $2,629 | $2,750 | 99.3% | 48d | ⚖️ Balanced |
Frequently Asked Questions
Newmarket · October 2025
The average confirmed lease in Newmarket was $2,778/month in October 2025,
based on 81 MLS® transactions. The median was
$2,800/month.
Condos averaged $2,373/mo, freehold averaged $2,864/mo, and townhouses averaged $2,863/mo.
Units in Newmarket took an average of 44 days to lease in October 2025.
Freehold rentals averaged 45 days while condos averaged 32 days.
In October 2025, condos averaged $2,373/month while freehold rentals averaged $2,864/month —
a difference of $491/month.
Newmarket averaged $2,778/month in October 2025. Aurora averaged $3,050/mo. Bradford West Gwillimbury averaged $2,688/mo. See the full October 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.
