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November 2025 · Richmond Hill
Average Rent in Richmond Hill — November 2025
239 confirmed residential leases in Richmond Hill in November 2025. Average rent $2,985/month. Mixed conditions across property types.
Avg Lease Price $2,985/mo
Median Lease $2,850/mo
Avg Asking $3,027/mo
Lease / Ask 98.6%
Leased Over Asking 9.6%
Avg DOM 47 days
Total Leased
239
all residential
Avg Lease Price
$2,985
per month
Median Lease
$2,850
mid-point
Lease / Ask
98.6%
avg ratio
Over Asking
9.6%
of all leases
Avg DOM
47
days on market
Lease Prices by Property Type
Richmond Hill · November 2025
💰 Lease Price Summary
Average Lease $2,985/mo
Median Lease $2,850/mo
Avg Asking Rent $3,027/mo
Lowest Lease $1,035
Highest Lease $11,000
Lease / Ask Ratio 98.6%
📊 Market Activity
Leased over asking 9.6%
Leased at asking 50.2%
Leased under asking 40.2%
Avg Days on Market 47 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.6% over vs 40.2% under asking.
💰 Lease Price Summary
Average Lease $2,694/mo
Median Lease $2,650/mo
Avg Asking Rent $2,727/mo
Lowest Lease $2,100
Highest Lease $4,300
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 9.2%
Leased at asking 47.9%
Leased under asking 42.9%
Avg Days on Market 45 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.2% over vs 42.9% under asking.
💰 Lease Price Summary
Average Lease $3,286/mo
Median Lease $3,200/mo
Avg Asking Rent $3,336/mo
Lowest Lease $1,035
Highest Lease $11,000
Lease / Ask Ratio 98.5%
📊 Market Activity
Leased over asking 16.7%
Leased at asking 54.2%
Leased under asking 29.2%
Avg Days on Market 47 days
Fast · 050Slow · 100+
⚖️ Balanced — 16.7% over vs 29.2% under asking.
💰 Lease Price Summary
Average Lease $3,192/mo
Median Lease $3,200/mo
Avg Asking Rent $3,237/mo
Lowest Lease $2,020
Highest Lease $4,250
Lease / Ask Ratio 98.6%
📊 Market Activity
Leased over asking 7.0%
Leased at asking 45.1%
Leased under asking 47.9%
Avg Days on Market 47 days
Fast · 050Slow · 100+
⚖️ Balanced — 7% over vs 47.9% under asking.
💰 Lease Price Summary
Average Lease $2,130/mo
Median Lease $1,900/mo
Avg Asking Rent $2,165/mo
Lowest Lease $1,500
Highest Lease $2,850
Lease / Ask Ratio 98.4%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 60.0%
Leased under asking 40.0%
Avg Days on Market 67 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 40% under asking.
Nearby Cities · November 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Markham | $2,846 | $2,800 | 98.9% | 47d | ⚖️ Balanced |
| Vaughan | $2,773 | $2,500 | 99.1% | 41d | ⚖️ Balanced |
| Aurora | $3,057 | $3,200 | 98.2% | 49d | ⚖️ Balanced |
| Newmarket | $2,697 | $2,895 | 98.8% | 46d | ⚖️ Balanced |
| Toronto | $2,772 | $2,500 | 99.1% | 42d | ⚖️ Balanced |
| Whitchurch Stouffville | $2,791 | $3,000 | 97.7% | 48d | ⚖️ Balanced |
Frequently Asked Questions
Richmond Hill · November 2025
The average confirmed lease in Richmond Hill was $2,985/month in November 2025,
based on 239 MLS® transactions. The median was
$2,850/month.
Condos averaged $2,694/mo, freehold averaged $3,286/mo, and townhouses averaged $3,192/mo.
Units in Richmond Hill took an average of 47 days to lease in November 2025.
Freehold rentals averaged 47 days while condos averaged 45 days.
In November 2025, condos averaged $2,694/month while freehold rentals averaged $3,286/month —
a difference of $592/month.
Richmond Hill averaged $2,985/month in November 2025. Aurora averaged $3,057/mo. Markham averaged $2,846/mo. See the full November 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.
