Vaughan Rental Market Data & Neighbourhood Trends
Access granular residential building data, neighbourhood comps, and historical leasing metrics for 121 tracked properties across Vaughan.
Vaughan Rental Market Overview
FastScreen tracks 121 residential buildings across 4 submarkets in Vaughan, providing a robust dataset for the local rental market. During the latest 30-day observation period, Vaughan recorded 299 leases with an average realized rent of $2,415 per month at a rate of $3.63 per square foot and an average Days on Market of 23 days. Active listings stand at 257 properties with an average asking rent of $2,491 per month ($3.72 per square foot), yielding an asking-versus-realized spread of $76 per month. Vaughan's rental market trades at a moderate discount compared to the broader Greater Toronto Area, where the GTA 30-day average lease price sits at $2,617 per month ($3.93 per square foot) across 24 days on market.
Active Rental Inventory
Listed and Tracked by FastScreen as of September 2026Current publicly listed rental units and asking prices across Vaughan
Rental Inventory Analysis At A Glance for Vaughan
Vaughan's active rental inventory comprises 257 listings with an average asking rent of $2,491 per month and an average asking rate of $3.72 per square foot across an average unit size of 669 square feet. Comparing active asking rents to the latest 30-day realized lease price of $2,415 per month reveals a modest asking-versus-realized spread of $76 per month, indicating that landlords secure transactions very close to initial listing expectations. Across specific bedroom categories, asking-to-realized spreads range from $68 per month for 2-bedroom units to $944 per month for 3-bedroom-plus units. Absorption velocity is supported by 299 recorded leases over the last 30 days against 257 active listings.
Closed Leases
Transactions that closed in September 2026Executed lease contracts and actual realized rents agreed upon between landlords and tenants
Leasing Trends for Vaughan
Vaughan recorded 299 leases in the latest 30-day period with an average Days on Market of 23 days, reflecting stable leasing velocity. This compares against the prior 30-day period, which recorded 324 leases at an average rent of $2,394 per month and an average DOM of 26 days, showing that current leasing times have quickened by 3 days. Mid-term tracking indicates consistent market depth, with 931 leases recorded over the last 90 days (averaging $2,392 per month across 26 days on market) and 1,287 leases over the last 180 days (averaging $2,369 per month across 27 days on market). Vaughan's 23-day leasing window matches the GTA 30-day average DOM of 24 days while operating faster than nearby Richmond Hill (27 days) and North York (27 days), though trailing King (16 days on 2 leases).
Vaughan Neighbourhood Leaderboard & Directory
4 SubmarketsCompare average leased rents, transaction volume, active inventory, and turnover velocity across all neighbourhoods in Vaughan
| Action | |||||||
|---|---|---|---|---|---|---|---|
| Vaughan Metropolitan Centre | $2,280/mo | -6.2% | 48closed | 26days | 129units | 19properties | Explore |
| Thornhill | $2,565/mo | +5.5% | 26closed | 31days | 68units | 46properties | Explore |
| Maple | $2,656/mo | +9.3% | 17closed | 28days | 35units | 28properties | Explore |
| Woodbridge | $2,429/mo | -0.1% | 8closed | 30days | 32units | 28properties | Explore |
Calculated from completed residential leases executed in September 2026 across tracked multi-family properties in that submarket.
The percentage premium or discount of that neighbourhood's average lease price relative to the overall Vaughan municipal benchmark.
Total verified residential lease agreements completed and finalized in September 2026, demonstrating submarket liquidity.
The average calendar duration between the initial public listing date and the finalized binding lease agreement.
Vaughan Rental Market Dynamics & Local Trends
York Region's High-Growth Urbanizing Core
Vaughan has undergone massive urbanization anchored by the Vaughan Metropolitan Centre (VMC). With direct TTC Line 1 subway access connecting directly to Downtown Toronto, Vaughan combines suburban convenience with true rapid transit connectivity.
The intersection of Highways 400 and 407, combined with the VMC subway terminal and Highway 7 rapidway, positions Vaughan as one of the best-connected municipalities in the Greater Golden Horseshoe.
Submarket Pricing and Turnover Synthesis
Within Vaughan, average lease rates range from $2,280 in Vaughan Metropolitan Centre up to $2,656 in Maple, reflecting a 16% pricing spread based on building age and location. The fastest leasing velocity is currently observed in Vaughan Metropolitan Centre, with units averaging 26 Days on Market before executing a binding lease agreement.
Month Over Month Trends
Month-over-month leasing metrics indicate minor upward movement across Vaughan's rental market. Average realized rents increased by $21 per month, representing a 0.88% rise from the prior 30-day average of $2,394 per month to the current 30-day average of $2,415 per month. Transaction volume experienced a slight contraction, moving from 324 leases in the prior 30-day window to 299 leases in the latest 30-day period. Average realized square-footage rates remained virtually stable, shifting from $3.66 per square foot in the prior period to $3.63 per square foot currently, while average Days on Market improved from 26 days to 23 days.
Longer Term Trends
Historical data for Vaughan encompasses 1,289 total recorded leases with an all-time average lease price of $2,369 per month, a rate of $3.63 per square foot, and an average Days on Market of 27 days. Overall rental dispersion spans from an entry-level floor of $1,250 per month to an upper ceiling of $4,700 per month, with a median rent of $2,350 per month. The middle 50 percent of the market clusters tightly between $2,100 per month (25th percentile) and $2,600 per month (75th percentile), establishing an interquartile range of $500 per month. Rolling mid-term figures reinforce this baseline, with 931 leases averaging $2,392 per month over 90 days and 1,287 leases averaging $2,369 per month over 180 days.
For Renters
Renters evaluating Vaughan's market can utilize consistent benchmark pricing across unit categories. Overall rental dispersion spans from $1,250 to $4,700 per month, with the middle 50 percent of transactions clustering between $2,100 and $2,600 per month (median rent of $2,350). Bedroom-level step-ups show clear financial progression: 1-bedroom units average $2,009 per month ($3.86 per sqft across 532 sqft), while 2-bedroom units average $2,649 per month ($3.46 per sqft across 786 sqft), representing a rent increase of $640 per month (+31.86%) for an additional 254 square feet of space. Units leased with parking command measurable premiums across all layouts—for instance, 2-bedroom units with parking average $2,724 per month compared to $2,241 without parking. For renters seeking alternatives, nearby Richmond Hill ($2,521 effective average rent) and North York ($2,572 effective average rent) offer adjacent inventory within a 15-kilometre radius.
For Landlords
Landlords pricing rental properties in Vaughan should anchor their strategy on closed transaction benchmarks rather than peak asking figures. The municipal asking-versus-realized spread is tight at $76 per month across all listings, indicating that properties priced in line with recent leasing data achieve strong absorption without extensive discounting. Across 299 recorded 30-day leases, units leased in an average of 23 days. Parking inclusion significantly enhances asset competitiveness: units bundled with a parking stall capture positive premiums, ranging from $168 per month for 3-bedroom-plus layouts to $483 per month for 2-bedroom units. Landlords should also evaluate submarket variations, where average realized rents range from $2,240 per month in Vaughan Metropolitan Centre to $2,572 per month in Thornhill.
For Realtors
Real estate professionals structuring rental CMAs in Vaughan can rely on a healthy transactional volume of 299 leases in the latest 30-day window and 1,289 historical transactions. With an overall average realized rent of $2,415 per month at $3.63 per square foot and an average Days on Market of 23 days, local velocity is well-supported. Agents should incorporate mid-term metrics—such as the 90-day average of $2,392 per month—to smooth out monthly transaction mix shifts. Pricing defensibility is further reinforced by clear bedroom step-ups, such as the $640 leap from 1-bedroom to 2-bedroom units, and measurable parking premiums averaging $350 to $483 per month depending on unit size. Vaughan trades at a moderate discount of $202 per month relative to the GTA average of $2,617 per month.
Vaughan Rental Market & Leasing FAQs
Essential answers for tenants, property owners, and real estate professionals navigating Vaughan
What is the average rent for a condominium or apartment in Vaughan?
How much is a 1-bedroom apartment in Vaughan?
How much is a 2-bedroom apartment in Vaughan?
How much is a 3-bedroom apartment in Vaughan?
Which neighbourhoods in Vaughan are the most affordable versus most premium?
What area codes in Vaughan have the most expensive rental units? What area codes have the least?
Which postal codes (FSAs) and neighbourhoods are covered in Vaughan's rental data?
FastScreen tracks residential lease transactions across Vaughan's primary postal code districts (FSAs):
- Thornhill L4J: $2,565/month average leased rent
- Maple L4H, L4K, L6A: $2,656/month average leased rent
- Woodbridge L0J, L4L: $2,429/month average leased rent
- Vaughan Metropolitan Centre L4K, P4N: $2,280/month average leased rent