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Average Rent in Vaughan for 2027: Condos, Houses and Basements

Published 2 November 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty

New condo towers in Vaughan Metropolitan Centre behind a row of townhouses (illustrative)

By Jatin Dua · Broker of Record, RE/MAX Quantum Realty · Updated 2 November 2026 · 9 min read — Vaughan rents for condos, townhouses, houses and basements from TRREB, liv.rent, Rentals.ca and CMHC, plus income needed and rent-control rules.

Short answer

A one-bedroom condo in Vaughan leased for an average of $2,130 a month and a two-bedroom for $2,666 in Q2 2026, TRREB’s latest report. Three-bedroom townhouses averaged $3,292. Rentals.ca showed condo asking rents down 4.8% in a year by October 2026. No source publishes basement-only averages for Vaughan.

This guide is for renters looking at Vaughan for 2027, whether that is a new condo near the subway, a townhouse in Maple or a basement in Woodbridge. You will get the latest average rents from four named sources, what the data can and cannot tell you about houses and basements, the income you need, and the rent rules that matter most in a city full of new buildings.

What is the average rent in Vaughan right now?

A one-bedroom condo apartment in Vaughan leased for an average of $2,130 a month in the second quarter of 2026, and a two-bedroom for $2,666. That is the latest report from the Toronto Regional Real Estate Board (TRREB), based on 1,008 Vaughan condo leases. TRREB had not released its third-quarter report when I checked on 5 November 2026.

Source and date Area and what it counts 1-bedroom 2-bedroom 3-bedroom
TRREB, Q2 2026 Vaughan, condo apartments leased on MLS (average) $2,130 $2,666 $3,300 (9 leases)
liv.rent, October 2026 Vaughan and Richmond Hill combined, unfurnished asking rents $2,017 $2,548 No data
CMHC, October 2025 Richmond Hill, Vaughan and King zone, purpose-built apartments $1,583 $1,827 $2,332
CMHC, October 2025 York Region, rented condo apartments $2,401 $2,845 Not published

Source: TRREB Rental Market Report Q2 2026; liv.rent October 2026 Ontario Rent Report; CMHC Rental Market Survey, Toronto CMA tables, October 2025.

Two sources group Vaughan with its neighbours. liv.rent reports Vaughan and Richmond Hill together, and CMHC puts Vaughan in one survey zone with Richmond Hill and King. Only TRREB gives a Vaughan-only figure, so I lean on it most.

How much is a condo to rent in Vaughan?

Most Vaughan rentals on the market are condos, and many renters start their search in the towers around Vaughan Metropolitan Centre (VMC). TRREB counted 1,389 Vaughan condo apartments listed for rent in Q2 2026, with 1,008 leased.

Condo apartment, Q2 2026 Leases Vaughan average York Region average
Bachelor 27 $1,688 $1,707
1-bedroom 588 $2,130 $2,190
2-bedroom 384 $2,666 $2,772

Source: TRREB Rental Market Report Q2 2026.

Vaughan condos rented for a little less than the York Region average in every size. If you are comparing buildings near the subway, my guide to Vaughan Metropolitan Centre condo buildings covers each tower. For the wider city, see my picks for the best neighbourhoods to live in Vaughan.

How much does it cost to rent a house or townhouse in Vaughan?

TRREB recorded 48 townhouse leases in Vaughan in Q2 2026. Two-bedroom townhouses averaged $2,706 and three-bedrooms $3,292. Those are based on 22 and 24 leases, so treat them as a rough guide.

CMHC did not publish purpose-built townhouse rents for Vaughan’s zone, because there were too few units to report. liv.rent had no three-bedroom unfurnished figure for Vaughan and Richmond Hill in October 2026, though its furnished three-bedroom asking rent there was $2,899.

No public report gives an average rent for a detached house in Vaughan. Houses in Woodbridge, Maple, Kleinburg and Thornhill vary so much in size and finish that a single average would mislead you anyway. To price one, ask a realtor to pull recent MLS leases for houses of the same size on nearby streets.

How much is a basement apartment in Vaughan?

No public source publishes an average rent for basement apartments in Vaughan. liv.rent includes basement suites in its data, and Rentals.ca includes basement apartments in its averages, but neither reports basements on their own.

A practical ceiling is liv.rent’s unfurnished one-bedroom asking rent of $2,017 for Vaughan and Richmond Hill. Adjust down for low ceilings, small windows, shared laundry, no parking or a share of the utility bills. liv.rent also found Vaughan and Richmond Hill had the second-lowest asking rent per square foot of all the areas it tracks, at $1.98 in October 2026, so larger units are relatively good value.

The City of Vaughan has its own rules for secondary suites, and I could not confirm the current registration details for this guide. Before you sign, ask the owner whether the unit was built with a building permit and passed a final inspection, and confirm with the City if anything sounds unclear. A permitted unit should have proper fire separation and a safe way out.

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Are rents in Vaughan going down?

The two most recent reports point in different directions, which tells you the market is close to flat. Rentals.ca and Urbanation reported Vaughan apartment and condo asking rents down 4.8% year over year in October 2026. liv.rent, which combines Vaughan with Richmond Hill and covers all unfurnished listings, showed one-bedrooms up 1.98% from a year earlier.

CMHC’s survey found the vacancy rate in purpose-built apartments in the Richmond Hill, Vaughan and King zone at 2.4% in October 2025, unchanged from a year before. In York Region’s rented condos, vacancy was just 0.8%.

In Toronto, Rentals.ca reported the first annual rent increase in 32 months in October 2026. My view, and it is only a view: Vaughan rents are likely to stay roughly flat through 2027, with the new towers at VMC keeping a lid on condo rents while houses and townhouses stay in demand.

How much income do you need to rent in Vaughan?

CMHC calls housing affordable when it costs less than 30% of household income before tax. Your yearly household income should be about 40 times the monthly rent to stay inside that line.

Home type (source) Monthly rent Income needed at 30%
Unfurnished 1-bedroom asking rent (liv.rent, Oct 2026) $2,017 $80,680
Condo 1-bedroom (TRREB, Q2 2026) $2,130 $85,200
Condo 2-bedroom (TRREB, Q2 2026) $2,666 $106,640
3-bedroom townhouse (TRREB, Q2 2026) $3,292 $131,680

Source: CMHC definition of affordable housing (under 30% of before-tax household income); rents from TRREB Q2 2026 and liv.rent October 2026. Income figures are my arithmetic: monthly rent x 12 / 0.30.

Each landlord sets their own screening rules. Expect to show an employment letter, recent pay stubs and a credit report for most Vaughan condos. If your income falls short, a co-signer (guarantor) or a roommate can close the gap, and a basement or older rental building can bring the monthly cost down.

Is a new Vaughan condo rent-controlled?

It depends on one date. Ontario exempts units first occupied for residential use after 15 November 2018 from the rent increase guideline. That covers any tower completed since then, at VMC or anywhere else, and any basement suite created since then. Ask the landlord for the date the building or unit was first occupied. In exempt units, the landlord can raise the rent by any amount, as long as 12 months have passed since the last increase and you get at least 90 days’ written notice.

In older units, the cap for 2027 is 1.9%. On a $2,130 one-bedroom, that is about $40 a month. My guide to the Ontario rent increase guideline for 2027 explains how to check which rule applies to you.

Watch out

Signing a lease in a brand-new tower can mean a big increase after year one, because the 1.9% cap does not apply. Before you sign, ask the landlord what they plan to charge in year two and get any promise written into the additional terms of the lease. Also note that if you rent a room and share the kitchen or bathroom with the owner or the owner’s family living there, the Residential Tenancies Act does not apply.

A landlord can ask for a deposit of no more than one month’s rent, held for your last month, and must give you a copy of the signed standard lease within 21 days. See my article on rental deposit rules in Ontario if you are asked for more.

Is it cheaper to rent or buy in Vaughan?

Vaughan prices fell in 2026, especially for condos. Here are the medians and the closest rent comparison.

Home type Median price, Jan to Oct 2026 Change vs 2025 Closest yearly rent
Condo apartment $530,000 -10.9% $31,992 (2-bedroom condo)
Condo townhouse $768,000 -6.1% $39,504 (3-bedroom townhouse)
Freehold townhouse $1,014,500 -9.3% No public average
Detached $1,415,000 -5.0% No public average

Source: TRREB MLS data via REALM, January to October 2026 vs the same period of 2025 (median sold prices, Vaughan); TRREB Rental Market Report Q2 2026 (average rents x 12).

A median Vaughan condo costs about 17 years of two-bedroom rent, before interest, fees and taxes. A condo townhouse costs about 19 years of three-bedroom townhouse rent. Owning still builds equity over time, which renting does not, so the right answer depends on how long you plan to stay. My Vaughan housing market outlook for 2027 and my rent or buy guide go through the full monthly costs.

My take

In Vaughan, the rent you pay in year two matters as much as the rent you pay in year one. For a new condo, ask the owner directly about their plans for increases and get it in writing. For an older townhouse or basement, check that the 1.9% cap applies. With hundreds of condos listed at any time, you have room to ask for a small discount or a free parking spot.

What to do next

  1. Set your rent ceiling at your yearly household income divided by 40.
  2. Compare TRREB’s Vaughan averages with liv.rent’s figures for the size you need.
  3. Ask every landlord when the unit was first occupied and what year-two rent they expect.
  4. For a basement, ask for the building permit and final inspection before you pay anything.
  5. Sign on the Ontario standard lease, with utilities and parking spelled out.

Need help with this? Talk to me.

I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty, and I’m the best agent to do this kind of work for you in Toronto and across the GTA. Over $100 million in GTA sales and 100+ families helped sell. Feel free to contact me any time: call or text 833-330-1925 or email [email protected].

Frequently asked questions

What is the average rent in Vaughan in 2026?

A one-bedroom condo in Vaughan leased for an average of $2,130 a month and a two-bedroom for $2,666 in Q2 2026, according to TRREB’s latest rental report. liv.rent’s October 2026 unfurnished asking rents for Vaughan and Richmond Hill combined were $2,017 for a one-bedroom and $2,548 for a two-bedroom.

How much is a one-bedroom condo for rent in Vaughan?

A one-bedroom condo in Vaughan rents for about $2,000 to $2,150 a month in late 2026. TRREB’s Q2 2026 average for 588 leased one-bedroom condos was $2,130, and liv.rent’s October 2026 unfurnished one-bedroom asking rent for Vaughan and Richmond Hill was $2,017. York Region’s one-bedroom condo average was $2,190.

How much does it cost to rent a house in Vaughan?

No public report gives an average rent for a detached house in Vaughan as of November 2026. The closest figure is TRREB’s three-bedroom townhouse average of $3,292 a month in Q2 2026, based on 24 leases. Detached houses in Woodbridge, Maple or Kleinburg vary widely, so ask a realtor for recent MLS leases nearby.

What is the average rent for a basement in Vaughan?

No published source reports an average basement rent for Vaughan as of November 2026. Rentals.ca and liv.rent include basements in their figures but do not split them out. A sensible ceiling for a one-bedroom basement is liv.rent’s October 2026 unfurnished one-bedroom asking average of $2,017 for Vaughan and Richmond Hill, adjusted for light, laundry and utilities.

Are rents going down in Vaughan?

Vaughan rents were roughly flat in late 2026. Rentals.ca and Urbanation reported apartment and condo asking rents down 4.8% year over year in October 2026, while liv.rent showed unfurnished one-bedrooms in Vaughan and Richmond Hill up 1.98%. CMHC’s purpose-built vacancy rate for the Vaughan zone held at 2.4% in October 2025.

Are new condos in Vaughan rent-controlled?

No, not if they were first occupied after 15 November 2018. Ontario exempts those units from the rent increase guideline, so landlords in newer Vaughan towers, including those around Vaughan Metropolitan Centre, can raise rent by any amount once every 12 months with 90 days’ written notice. Units first occupied earlier fall under the 2027 cap of 1.9%.

How much income do I need to rent in Vaughan?

To keep rent under 30% of income, CMHC’s affordability line, you need a household income of about 40 times the monthly rent. For Vaughan’s Q2 2026 average one-bedroom condo rent of $2,130, that is about $85,200 a year. A $2,666 two-bedroom needs about $106,640, and a $3,292 three-bedroom townhouse about $131,680.

How much can my landlord raise the rent in Vaughan in 2027?

If your Vaughan unit was first occupied before 15 November 2018, your landlord can raise rent by no more than 1.9% in 2027, Ontario’s guideline. On a $2,130 one-bedroom that is about $40 a month. They must wait 12 months between increases and give 90 days’ written notice. Newer units are exempt from the cap.

Is Vaughan cheaper to rent than Toronto?

Yes, Vaughan condos rent for less than Toronto condos on average. In TRREB’s Q2 2026 report, a Vaughan two-bedroom condo averaged $2,666 a month against $3,154 in the City of Toronto, and a one-bedroom averaged $2,130 against $2,316. liv.rent also found Vaughan and Richmond Hill among the cheapest areas it tracks per square foot.

Sources

Related reading

About the author — Jatin Dua, Toronto and GTA real estate broker

I am Jatin Dua, Broker of Record and co-founder of RE/MAX Quantum Realty Inc., Brokerage, Unit 101, 799 The Queensway, Toronto. I work with buyers and sellers across Toronto and the GTA and have helped more than 100 families sell. Four-plus years of active GTA transactions and over $100 million in sales volume.

Reach me at [email protected] or 833-330-1925, or book a call.

Please read this. General information current as at 2 November 2026. It is not legal, tax, accounting, mortgage or financial advice. I am a registered real estate broker, not a lawyer, accountant or mortgage agent. Market figures are TRREB MLS data accessed through REALM or come from the sources linked above; they describe past sales and are not a forecast. Rules, rates and programs change, so confirm details with the official source or a licensed professional before you rely on them.

Call or text 833-330-1925
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