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Aurora Rental Market Data & Neighbourhood Trends

Access granular residential building data, neighbourhood comps, and historical leasing metrics for 9 tracked properties across Aurora.

Aurora Rental Market Overview

FastScreen tracks 9 buildings across Aurora as a single rental submarket, supported by 11 historical leases and 5 active listings. During the latest 30-day observation window, 1 lease was recorded at an average realized rent of $2,800 per month ($2.95 per square foot) with an average Days on Market of 5 days. The historical municipal lease average stands at $2,950 per month ($2.97 per square foot) across all recorded transactions. Aurora's effective rent sits $183 per month above the broader GTA 30-day benchmark of $2,617 per month, while operating at a lower realized rate of $2.95 per square foot compared to the GTA average of $3.93 per square foot.

Active Rental Inventory

Listed and Tracked by FastScreen as of August 2026

Current publicly listed rental units and asking prices across Aurora

Active Listings
5units
Across 9 buildings
Average Asking Rent
$2,778/mo
+1.2% Asking Trend
Average SF
946SF
Typical suite layout
Average Asking Price / SF
$3.01/SF
Active density benchmark
Average Days on Market
52days
Active listing age

Rental Inventory Analysis At A Glance for Aurora

FastScreen records 5 active listings in Aurora with an average asking rent of $2,778 per month and an average asking rate of $3.01 per square foot. Comparing active inventory to realized transactions yields an asking-versus-realized spread of -$22 per month, indicating that current asking rents align closely with achieved leasing prices. Active supply indicates 5 listings against 1 lease recorded in the latest 30-day period, yielding an absorption rate of 16.7 percent. Active inventory is concentrated in 2-bedroom and 3-bedroom+ categories, while 1-bedroom active listings show an asking rent of $2,800 per month against a limited historical realized benchmark of $1,725 per month.

Closed Leases

Transactions that closed in the Past 90 Days

Executed lease contracts and actual realized rents agreed upon between landlords and tenants

Boutique volume expanded to rolling window
Units Leased
7closed
Executed transactions
Average Leased Rent
$2,986/mo
+18.6% MoM Delta
Average Leased SF
1,057SF
Executed size average
Average Leased / SF
$2.94/SF
Realized per-foot rate
Average Days on Market
21days
Days to execute lease

Leasing Trends for Aurora

Leasing velocity in Aurora averaged 5 Days on Market for the 1 lease recorded in the latest 30-day period. This reflects a faster leasing window than the prior 30-day period, which recorded 3 leases with an average DOM of 21 days. Mid-term tracking shows 7 leases recorded over the last 90 days with an average DOM of 21 days at $2,986 per month, and 11 leases recorded over the last 180 days with an average DOM of 17 days at $2,950 per month. Aurora's 5-day current DOM is 19 days faster than the GTA 30-day benchmark of 24 days, and faster than nearby Newmarket's effective DOM of 30 days across 14 leases.

Aurora Rental Rates by Unit Layout

Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in Past 90 Days (expanded 90-day window).

Studio / Bachelor
$2,030/mo
$4.41/SF · 460 SF
1-Bedroom
$2,449/mo
$4.22/SF · 580 SF
1-Bedroom + Den
$2,658/mo
$4.15/SF · 640 SF
2-Bedroom
$3,285/mo
$3.86/SF · 850 SF
2-Bedroom + Den
$3,583/mo
$3.81/SF · 940 SF
3-Bedroom+
$4,479/mo
$3.80/SF · 1180 SF

Aurora Tracked Buildings & Lease Comps

Compare average realized rents, price per square foot ($/SF), active availability, and leasing velocity across tracked condo buildings in Aurora, Aurora.

The Arbors

555 William Graham Dr

$2,517
avg leased
Leased $/SF: $2.75/SF
Days on Market: 41d
Closed Leases: 3
Active Supply: 2 units
179 Total SuitesBuilding Comps
Devonshire Place

15390 Yonge Street

$2,900
avg leased
Leased $/SF: $2.64/SF
Days on Market: 6d
Closed Leases: 1
Active Supply: 2 units
34 Total SuitesBuilding Comps
Ridgewood II

111 Civic Square Gate

$2,650
avg leased
Leased $/SF: $4.08/SF
Days on Market: 7d
Closed Leases: 1
Active Supply: 0 units
157 Total SuitesBuilding Comps
The Ridgewood

180 John West Way

$5,000
avg leased
Leased $/SF: $2.63/SF
Days on Market: 3d
Closed Leases: 1
Active Supply: 0 units
153 Total SuitesBuilding Comps
The Victorian

15450 Yonge St

$2,800
avg leased
Leased $/SF: $2.95/SF
Days on Market: 5d
Closed Leases: 1
Active Supply: 0 units
64 Total SuitesBuilding Comps
160 Wellington St E

160 Wellington St E

$2,390
avg asking
Leased $/SF: —
Days on Market: —
Closed Leases: 0
Active Supply: 1 units
68 Total SuitesBuilding Comps
Highland Green

14924 Yonge St

Comps pending
Leased $/SF: —
Days on Market: —
Closed Leases: 0
Active Supply: 0 units
150 Total SuitesBuilding Comps
Centro Condos on Yonge

15277 Yonge St

Comps pending
Leased $/SF: —
Days on Market: —
Closed Leases: 0
Active Supply: 0 units
95 Total SuitesBuilding Comps
Wells Street Schoolhouse Lofts

64 Wells St

Comps pending
Leased $/SF: —
Days on Market: —
Closed Leases: 0
Active Supply: 0 units
35 Total SuitesBuilding Comps
Calculation Methodology & Metrics Context (Past 90 Days)
Average Leased Rent:

Derived from verified closed lease contracts finalized during Past 90 Days across multi-residential buildings in Aurora.

Leased $/SF & Density:

Realized monthly lease price divided by interior living square footage (excluding external terraces and parking valuations).

Closed Leases & Fallbacks:

Total executed lease agreements. In boutique buildings with fewer than 2 monthly leases, comps automatically expand to a 90-day rolling window to preserve statistical validity.

Days on Market & Supply:

The duration from public MLS listing publication to final binding agreement. Active supply reflects current vacant or upcoming units available for rent.

Aurora Rental Market Dynamics & Local Trends

Key Residential Rental Market Overview

Aurora represents an important rental submarket, offering a diverse mix of 9 condominium and apartment residences. Rental demand is sustained by local employment centers, highway connectivity, and competitive cost-of-living advantages.

Transit connectivity, arterial road networks, and regional employment hubs drive tenant mobility throughout Aurora. Properties close to central retail corridors and transit hubs consistently maintain superior occupancy and shorter listing cycles.

Month Over Month Trends

The pre-calculated data indicates a month-over-month increase of $283 or 11.24%, moving from an average realized lease price of $2,517 per month across 3 leases in the prior 30-day period to $2,800 per month across 1 lease in the latest 30-day period. Because this movement relies on an extremely small transaction sample of 1 lease versus 3 leases, this percentage change represents transaction composition, individual unit mix, and specific unit size variations rather than a structural shift in municipal rent levels.

Longer Term Trends

Aurora's historical dataset comprises 11 recorded leases with an all-time average rent of $2,950 per month, an average rate of $2.97 per square foot, and an average Days on Market of 17 days. Overall rental dispersion spans from an entry-level floor of $1,725 per month to an upper ceiling of $5,000 per month, with a median rent of $2,800 per month. The middle 50 percent of the market clusters between the 25th percentile of $2,638 per month and the 75th percentile of $3,150 per month, representing an interquartile spread of $512 per month. Rolling mid-term metrics show consistent pricing stability, with 90-day transactions averaging $2,986 per month across 7 leases and 180-day transactions averaging $2,950 per month across 11 leases.

For Renters

Renters evaluating Aurora can utilize a municipal historical lease average of $2,950 per month and a median rent of $2,800 per month. Overall transaction pricing spans a middle 50 percent corridor between $2,638 and $3,150 per month. Bedroom-level transaction data indicates a starting benchmark of $1,725 per month for 1-bedroom units averaging 750 square feet ($2.30 per square foot), stepping up to $3,225 per month for 2-bedroom units averaging 1,142 square feet ($2.95 per square foot)—representing a $1,500 monthly rent increase and a 392-square-foot expansion. Active inventory sits at 5 listings with an average asking rent of $2,778 per month. For renters seeking adjacent options, nearby Newmarket offers an effective average rent of $2,557 per month across 14 recent leases.

For Landlords

Landlords pricing rental stock in Aurora should evaluate current asking inventory averaging $2,778 per month against historical realized benchmarks averaging $2,950 per month. The asking-versus-realized spread across active listings is minimal at -$22 per month, indicating that current landlord asking expectations align closely with achieved transaction prices. With 5 active listings and short recent leasing velocity of 5 Days on Market, well-priced properties can secure tenants quickly. Landlords must account for bedroom-specific transaction economics: 2-bedroom units form the primary volume with 6 recorded historical leases averaging $3,225 per month, while 1-bedroom units reflect a historical realized average of $1,725 per month.

For Realtors

Real estate professionals structuring comparative market analyses in Aurora should interpret current leasing metrics alongside mid-term smoothing data, given the limited 30-day volume of 1 lease. While the latest 30-day realized average stands at $2,800 per month at $2.95 per square foot with a 5-day DOM, the rolling 180-day baseline provides a more robust sample of 11 leases averaging $2,950 per month at $2.97 per square foot with a 17-day DOM. Aurora trades at a $183 monthly premium over the GTA 30-day benchmark of $2,617 while exhibiting a lower realized rate per square foot ($2.95 vs. $3.93). When local transaction evidence is sparse, agents can look to nearby Newmarket (effective rent of $2,557 across 14 leases) and King (effective rent of $2,650 across 2 leases) to establish regional pricing context.

Frequently Asked Questions

Aurora Rental Market & Leasing FAQs

Essential answers for tenants, property owners, and real estate professionals navigating Aurora

What is the average rent for a condominium or apartment in Aurora?
Aurora's average realized lease price for an apartment or condominium is $2,800 per month ($2.95 per square foot), based on FastScreen's latest 30-day transaction sample of 1 recorded lease. The historical municipal lease average across all 11 recorded transactions stands at $2,950 per month ($2.97 per square foot) with a median rent of $2,800 per month. Rental dispersion across the municipality ranges from a minimum of $1,725 per month to a maximum of $5,000 per month, with the middle 50 percent of transactions clustering between $2,638 and $3,150 per month.
How much is a 1-bedroom apartment in Aurora?
Aurora's average realized lease price for a 1-bedroom apartment is $1,725 per month ($2.30 per square foot), based on FastScreen's historical transaction records of 1 recorded lease with an average unit size of 750 square feet. Active 1-bedroom inventory shows an average asking rent of $2,800 per month across 1 active listing with an average unit size of 732 square feet ($3.83 per square foot).
How much is a 2-bedroom apartment in Aurora?
Aurora's average realized lease price for a 2-bedroom apartment is $3,225 per month ($2.95 per square foot), based on FastScreen's historical transaction records of 6 recorded leases with an average unit size of 1,142 square feet. Active 2-bedroom inventory shows an average asking rent of $2,445 per month across 2 active listings with an average unit size of 850 square feet ($2.92 per square foot). Two-bedroom units represent the strongest transaction volume in the municipal dataset.
How much is a 3-bedroom apartment in Aurora?
Aurora's average realized lease price for a 3-bedroom or larger apartment is $2,900 per month ($2.64 per square foot), based on FastScreen's historical transaction records of 1 recorded lease with an average unit size of 1,100 square feet. Active 3-bedroom inventory shows an average asking rent of $3,100 per month across 2 active listings averaging 1,148 square feet ($2.70 per square foot). Because this historical benchmark relies on a single transaction, it represents a limited data point rather than a definitive market-wide average.
Which neighbourhoods in Aurora are the most affordable versus most premium?
FastScreen currently tracks Aurora as a single rental submarket encompassing 9 buildings, and therefore the available data does not support a neighbourhood-level affordability ranking across multiple submarkets.
What area codes in Aurora have the most expensive rental units? What area codes have the least?
Aurora's rental market is tracked entirely within the L4G postal area code, and therefore the current dataset does not contain enough FSA-level variation to establish a premium versus affordable ranking across different area codes within the municipality.
Which postal codes (FSAs) and neighbourhoods are covered in Aurora's rental data?

FastScreen tracks residential lease transactions across Aurora's primary postal code districts (FSAs):

  • Aurora L4G: $2,986/month average leased rent
How fast do rental properties lease in Aurora?
Aurora's rental properties leased at an average of 5 Days on Market based on the latest 30-day observation period across 1 recorded lease. The historical all-time average Days on Market stands at 17 days across 11 recorded leases, while rolling mid-term metrics show an average DOM of 21 days over the last 90 days. Aurora's current 30-day DOM is 19 days faster than the GTA 30-day benchmark of 24 days.
How much more will a unit with a parking spot in Aurora rent for versus a unit without one?
FastScreen cannot establish a reliable municipal parking premium for Aurora because the available transaction sample does not contain a separate unbundled comparison subset to calculate a direct parking uplift.
How should Aurora landlords price their rental units to prevent vacancy?
Aurora landlords should align asking prices with realized market benchmarks, noting that current active asking inventory averages $2,778 per month compared to the historical realized municipal average of $2,950 per month. With active listings showing an asking-versus-realized spread of -$22 per month and a current 30-day leasing velocity of 5 Days on Market, properties priced in line with historical bedroom baselines can achieve rapid absorption.
Are parking spaces, lockers, and utilities included in Aurora rents?
Aurora's rental dataset does not contain specific municipal-wide inclusion rates for lockers, hydro, water, or utilities, and therefore inclusion practices cannot be definitively established from the available FastScreen data.