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December 2025 · Richmond Hill
Average Rent in Richmond Hill — December 2025
248 confirmed residential leases in Richmond Hill in December 2025. Average rent $3,001/month. Mixed conditions across property types.
Avg Lease Price $3,001/mo
Median Lease $2,950/mo
Avg Asking $3,032/mo
Lease / Ask 99.0%
Leased Over Asking 9.3%
Avg DOM 44 days
Total Leased
248
all residential
Avg Lease Price
$3,001
per month
Median Lease
$2,950
mid-point
Lease / Ask
99.0%
avg ratio
Over Asking
9.3%
of all leases
Avg DOM
44
days on market
Lease Prices by Property Type
Richmond Hill · December 2025
💰 Lease Price Summary
Average Lease $3,001/mo
Median Lease $2,950/mo
Avg Asking Rent $3,032/mo
Lowest Lease $1,050
Highest Lease $7,000
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 9.3%
Leased at asking 55.2%
Leased under asking 35.5%
Avg Days on Market 44 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.3% over vs 35.5% under asking.
💰 Lease Price Summary
Average Lease $2,695/mo
Median Lease $2,700/mo
Avg Asking Rent $2,707/mo
Lowest Lease $2,000
Highest Lease $5,450
Lease / Ask Ratio 99.6%
📊 Market Activity
Leased over asking 8.9%
Leased at asking 64.4%
Leased under asking 26.7%
Avg Days on Market 40 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.9% over vs 26.7% under asking.
💰 Lease Price Summary
Average Lease $3,212/mo
Median Lease $3,350/mo
Avg Asking Rent $3,259/mo
Lowest Lease $1,050
Highest Lease $7,000
Lease / Ask Ratio 98.6%
📊 Market Activity
Leased over asking 11.1%
Leased at asking 49.5%
Leased under asking 39.4%
Avg Days on Market 47 days
Fast · 050Slow · 100+
⚖️ Balanced — 11.1% over vs 39.4% under asking.
💰 Lease Price Summary
Average Lease $3,166/mo
Median Lease $3,200/mo
Avg Asking Rent $3,199/mo
Lowest Lease $1,450
Highest Lease $3,850
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 7.8%
Leased at asking 53.1%
Leased under asking 39.1%
Avg Days on Market 43 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.8% over vs 39.1% under asking.
💰 Lease Price Summary
Average Lease $1,747/mo
Median Lease $1,800/mo
Avg Asking Rent $1,747/mo
Lowest Lease $1,550
Highest Lease $1,890
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 68 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Nearby Cities · December 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Markham | $2,852 | $2,775 | 98.5% | 48d | ⚖️ Balanced |
| Vaughan | $2,690 | $2,450 | 98.5% | 41d | ⚖️ Balanced |
| Aurora | $2,956 | $3,000 | 98.5% | 53d | ⚖️ Balanced |
| Newmarket | $2,399 | $2,200 | 99.1% | 43d | ⚖️ Balanced |
| Toronto | $2,708 | $2,500 | 99.2% | 44d | ⚖️ Balanced |
| Whitchurch Stouffville | $3,064 | $3,100 | 98.2% | 50d | ⚖️ Balanced |
Frequently Asked Questions
Richmond Hill · December 2025
The average confirmed lease in Richmond Hill was $3,001/month in December 2025,
based on 248 MLS® transactions. The median was
$2,950/month.
Condos averaged $2,695/mo, freehold averaged $3,212/mo, and townhouses averaged $3,166/mo.
Units in Richmond Hill took an average of 44 days to lease in December 2025.
Freehold rentals averaged 47 days while condos averaged 40 days.
In December 2025, condos averaged $2,695/month while freehold rentals averaged $3,212/month —
a difference of $517/month.
Richmond Hill averaged $3,001/month in December 2025. Whitchurch Stouffville averaged $3,064/mo. Aurora averaged $2,956/mo. See the full December 2025 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.
