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June 2025 · Richmond Hill
Average Rent in Richmond Hill — June 2025
296 confirmed residential leases in Richmond Hill in June 2025. Average rent $3,096/month. Mixed conditions across property types.
Avg Lease Price $3,096/mo
Median Lease $3,000/mo
Avg Asking $3,127/mo
Lease / Ask 99.0%
Leased Over Asking 8.1%
Avg DOM 46 days
Total Leased
296
all residential
Avg Lease Price
$3,096
per month
Median Lease
$3,000
mid-point
Lease / Ask
99.0%
avg ratio
Over Asking
8.1%
of all leases
Avg DOM
46
days on market
Lease Prices by Property Type
Richmond Hill · June 2025
💰 Lease Price Summary
Average Lease $3,096/mo
Median Lease $3,000/mo
Avg Asking Rent $3,127/mo
Lowest Lease $1,100
Highest Lease $7,200
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 8.1%
Leased at asking 58.1%
Leased under asking 33.8%
Avg Days on Market 46 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.1% over vs 33.8% under asking.
💰 Lease Price Summary
Average Lease $2,729/mo
Median Lease $2,650/mo
Avg Asking Rent $2,756/mo
Lowest Lease $1,900
Highest Lease $4,500
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 6.8%
Leased at asking 57.9%
Leased under asking 35.3%
Avg Days on Market 45 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.8% over vs 35.3% under asking.
💰 Lease Price Summary
Average Lease $3,405/mo
Median Lease $3,480/mo
Avg Asking Rent $3,445/mo
Lowest Lease $1,200
Highest Lease $7,200
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 11.2%
Leased at asking 52.3%
Leased under asking 36.4%
Avg Days on Market 49 days
Fast · 050Slow · 100+
⚖️ Balanced — 11.2% over vs 36.4% under asking.
💰 Lease Price Summary
Average Lease $3,313/mo
Median Lease $3,450/mo
Avg Asking Rent $3,336/mo
Lowest Lease $1,100
Highest Lease $4,500
Lease / Ask Ratio 99.3%
📊 Market Activity
Leased over asking 2.4%
Leased at asking 69.5%
Leased under asking 28.0%
Avg Days on Market 47 days
Fast · 050Slow · 100+
⚖️ Balanced — 2.4% over vs 28% under asking.
💰 Lease Price Summary
Average Lease $2,207/mo
Median Lease $2,080/mo
Avg Asking Rent $2,180/mo
Lowest Lease $2,000
Highest Lease $2,540
Lease / Ask Ratio 101.2%
📊 Market Activity
Leased over asking 33.3%
Leased at asking 66.7%
Leased under asking 0.0%
Avg Days on Market 54 days
Fast · 050Slow · 100+
⚖️ Balanced — 33.3% over vs 0% under asking.
Nearby Cities · June 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Markham | $2,991 | $2,900 | 98.9% | 44d | ⚖️ Balanced |
| Vaughan | $2,611 | $2,400 | 99.2% | 43d | ⚖️ Balanced |
| Aurora | $3,285 | $3,200 | 98.8% | 50d | ⚖️ Balanced |
| Newmarket | $2,773 | $2,850 | 99.8% | 49d | ⚖️ Balanced |
| Toronto | $2,784 | $2,500 | 99.4% | 44d | ⚖️ Balanced |
| Whitchurch Stouffville | $3,021 | $2,980 | 99.1% | 44d | ⚖️ Balanced |
Frequently Asked Questions
Richmond Hill · June 2025
The average confirmed lease in Richmond Hill was $3,096/month in June 2025,
based on 296 MLS® transactions. The median was
$3,000/month.
Condos averaged $2,729/mo, freehold averaged $3,405/mo, and townhouses averaged $3,313/mo.
Units in Richmond Hill took an average of 46 days to lease in June 2025.
Freehold rentals averaged 49 days while condos averaged 45 days.
In June 2025, condos averaged $2,729/month while freehold rentals averaged $3,405/month —
a difference of $676/month.
Richmond Hill averaged $3,096/month in June 2025. Aurora averaged $3,285/mo. Whitchurch Stouffville averaged $3,021/mo. See the full June 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.
