Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Call Now: 416-939-2500 Email: vikas@vikaspalan.com
September 2026 · Richmond Hill
Average Rent in Richmond Hill — September 2026
276 confirmed residential leases in Richmond Hill in September 2026. Average rent $2,952/month. Mixed conditions across property types.
Avg Lease Price $2,952/mo
Median Lease $2,900/mo
Avg Asking $2,969/mo
Lease / Ask 99.4%
Leased Over Asking 9.1%
Avg DOM 23 days
Previous Months
Total Leased
276
all residential
Avg Lease Price
$2,952
per month
Median Lease
$2,900
mid-point
Lease / Ask
99.4%
avg ratio
Over Asking
9.1%
of all leases
Avg DOM
23
days on market
Lease Prices by Property Type
Richmond Hill · September 2026
💰 Lease Price Summary
Average Lease $2,952/mo
Median Lease $2,900/mo
Avg Asking Rent $2,969/mo
Lowest Lease $900
Highest Lease $7,800
Lease / Ask Ratio 99.4%
📊 Market Activity
Leased over asking 9.1%
Leased at asking 60.5%
Leased under asking 30.4%
Avg Days on Market 23 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.1% over vs 30.4% under asking.
💰 Lease Price Summary
Average Lease $2,666/mo
Median Lease $2,550/mo
Avg Asking Rent $2,682/mo
Lowest Lease $1,300
Highest Lease $4,950
Lease / Ask Ratio 99.4%
📊 Market Activity
Leased over asking 5.5%
Leased at asking 68.8%
Leased under asking 25.8%
Avg Days on Market 19 days
Fast · 050Slow · 100+
⚖️ Balanced — 5.5% over vs 25.8% under asking.
💰 Lease Price Summary
Average Lease $3,183/mo
Median Lease $3,125/mo
Avg Asking Rent $3,206/mo
Lowest Lease $900
Highest Lease $7,800
Lease / Ask Ratio 99.3%
📊 Market Activity
Leased over asking 8.3%
Leased at asking 55.2%
Leased under asking 36.5%
Avg Days on Market 28 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.3% over vs 36.5% under asking.
💰 Lease Price Summary
Average Lease $3,172/mo
Median Lease $3,360/mo
Avg Asking Rent $3,186/mo
Lowest Lease $1,300
Highest Lease $4,250
Lease / Ask Ratio 99.6%
📊 Market Activity
Leased over asking 16.4%
Leased at asking 50.7%
Leased under asking 32.9%
Avg Days on Market 22 days
Fast · 050Slow · 100+
⚖️ Balanced — 16.4% over vs 32.9% under asking.
💰 Lease Price Summary
Average Lease $2,231/mo
Median Lease $2,250/mo
Avg Asking Rent $2,231/mo
Lowest Lease $1,550
Highest Lease $2,875
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 53 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Nearby Cities · September 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Markham | $2,854 | $2,850 | 98.9% | 24d | ⚖️ Balanced |
| Vaughan | $2,685 | $2,450 | 99.4% | 22d | ⚖️ Balanced |
| Aurora | $2,974 | $2,900 | 98.8% | 29d | ⚖️ Balanced |
| Newmarket | $2,521 | $2,500 | 98.7% | 36d | ⚖️ Balanced |
| Toronto | $2,798 | $2,525 | 99.8% | 21d | ⚖️ Balanced |
| Whitchurch Stouffville | $2,723 | $3,000 | 99.7% | 24d | ⚖️ Balanced |
Frequently Asked Questions
Richmond Hill · September 2026
The average confirmed lease in Richmond Hill was $2,952/month in September 2026,
based on 276 MLS® transactions. The median was
$2,900/month.
Condos averaged $2,666/mo, freehold averaged $3,183/mo, and townhouses averaged $3,172/mo.
Units in Richmond Hill took an average of 23 days to lease in September 2026.
Freehold rentals averaged 28 days while condos averaged 19 days.
In September 2026, condos averaged $2,666/month while freehold rentals averaged $3,183/month —
a difference of $517/month.
Richmond Hill averaged $2,952/month in September 2026. Aurora averaged $2,974/mo. Markham averaged $2,854/mo. See the full September 2026 Ontario lease summary →
Looking to rent in Richmond Hill?
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 Richmond Hill, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
