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April 2026 · Richmond Hill
Average Rent in Richmond Hill — April 2026
265 confirmed residential leases in Richmond Hill in April 2026. Average rent $2,956/month. Mixed conditions across property types.
Avg Lease Price $2,956/mo
Median Lease $2,900/mo
Avg Asking $2,981/mo
Lease / Ask 99.1%
Leased Over Asking 8.7%
Avg DOM 53 days
Previous Months
Total Leased
265
all residential
Avg Lease Price
$2,956
per month
Median Lease
$2,900
mid-point
Lease / Ask
99.1%
avg ratio
Over Asking
8.7%
of all leases
Avg DOM
53
days on market
Lease Prices by Property Type
Richmond Hill · April 2026
💰 Lease Price Summary
Average Lease $2,956/mo
Median Lease $2,900/mo
Avg Asking Rent $2,981/mo
Lowest Lease $1,050
Highest Lease $7,000
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 8.7%
Leased at asking 54.3%
Leased under asking 37.0%
Avg Days on Market 53 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.7% over vs 37% under asking.
💰 Lease Price Summary
Average Lease $2,620/mo
Median Lease $2,500/mo
Avg Asking Rent $2,650/mo
Lowest Lease $1,730
Highest Lease $5,200
Lease / Ask Ratio 98.9%
📊 Market Activity
Leased over asking 9.0%
Leased at asking 52.0%
Leased under asking 39.0%
Avg Days on Market 49 days
Fast · 050Slow · 100+
⚖️ Balanced — 9% over vs 39% under asking.
💰 Lease Price Summary
Average Lease $3,075/mo
Median Lease $2,900/mo
Avg Asking Rent $3,087/mo
Lowest Lease $1,050
Highest Lease $7,000
Lease / Ask Ratio 99.6%
📊 Market Activity
Leased over asking 8.8%
Leased at asking 60.4%
Leased under asking 30.8%
Avg Days on Market 64 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.8% over vs 30.8% under asking.
💰 Lease Price Summary
Average Lease $3,215/mo
Median Lease $3,300/mo
Avg Asking Rent $3,248/mo
Lowest Lease $1,400
Highest Lease $4,200
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 10.9%
Leased at asking 46.7%
Leased under asking 42.4%
Avg Days on Market 47 days
Fast · 050Slow · 100+
⚖️ Balanced — 10.9% over vs 42.4% under asking.
💰 Lease Price Summary
Average Lease $1,940/mo
Median Lease $1,700/mo
Avg Asking Rent $1,980/mo
Lowest Lease $1,550
Highest Lease $2,950
Lease / Ask Ratio 98.0%
📊 Market Activity
Leased over asking 20.0%
Leased at asking 40.0%
Leased under asking 40.0%
Avg Days on Market 44 days
Fast · 050Slow · 100+
⚖️ Balanced — 20% over vs 40% under asking.
Nearby Cities · April 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Markham | $2,763 | $2,600 | 98.4% | 45d | ⚖️ Balanced |
| Vaughan | $2,569 | $2,400 | 99.0% | 48d | ⚖️ Balanced |
| Aurora | $2,899 | $2,950 | 98.3% | 47d | ⚖️ Balanced |
| Newmarket | $2,641 | $2,450 | 99.5% | 52d | ⚖️ Balanced |
| Toronto | $2,646 | $2,450 | 99.1% | 49d | ⚖️ Balanced |
| Whitchurch Stouffville | $2,848 | $2,850 | 98.0% | 51d | ⚖️ Balanced |
Frequently Asked Questions
Richmond Hill · April 2026
The average confirmed lease in Richmond Hill was $2,956/month in April 2026,
based on 265 MLS® transactions. The median was
$2,900/month.
Condos averaged $2,620/mo, freehold averaged $3,075/mo, and townhouses averaged $3,215/mo.
Units in Richmond Hill took an average of 53 days to lease in April 2026.
Freehold rentals averaged 64 days while condos averaged 49 days.
In April 2026, condos averaged $2,620/month while freehold rentals averaged $3,075/month —
a difference of $455/month.
Richmond Hill averaged $2,956/month in April 2026. Aurora averaged $2,899/mo. See the full April 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.
