Rent report · Springwater, Ontario · closed MLS® leases
Average Rent in Springwater — November 2026 by Bedroom
The short answer
The median rent in Springwater is $2,900 a month, based on 87 leases signed on the MLS® in the 12 months to November 2026 (average $2,791). A typical 1-bedroom leases for $1,598 and a 2-bedroom for $2,200. Over the last 90 days the median was $3,050 across 28 leases.
See Springwater rentalsBy bedroom
Springwater rent by bedroom
- 1 bedroom$1,598
- 2 bedrooms$2,200
- 3 bedrooms$2,700
- 4+ bedrooms$3,300
Source: TRREB MLS® data, compiled by Summitly · as of November 11, 2026
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| Bedrooms | Median rent (12 mo) | Leases (12 mo) |
|---|---|---|
| 1 bedroom | $1,598 | 10 |
| 2 bedrooms | $2,200 | 7 |
| 3 bedrooms | $2,700 | 23 |
| 4+ bedrooms | $3,300 | 45 |
| Bedrooms | Median rent (12 mo) | Average rent (12 mo) | Leases (12 mo) | Median (last 90 days) | Median asking now | Rent / sq ft |
|---|---|---|---|---|---|---|
| Studio | — | — | 2 | — | $1,938 | — |
| 1 bedroom | $1,598 | $1,792 | 10 | $1,700 | — | — |
| 2 bedrooms | $2,200 | $2,148 | 7 | — | — | $2.23 |
| 3 bedrooms | $2,700 | $2,689 | 23 | $2,750 | — | $1.93 |
| 4+ bedrooms | $3,300 | $3,227 | 45 | $3,250 | $3,550 | $1.32 |
| All rentals | $2,900 | $2,791 | 87 | $3,050 | $2,900 | $1.49 |
By property type
Springwater rent by property type
- House (detached / semi)$3,200
- Basement apartment$1,850
- Townhouse$2,550
Source: TRREB MLS® data, compiled by Summitly · as of November 11, 2026
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| Type | Median rent (12 mo) | Leases (12 mo) |
|---|---|---|
| House (detached / semi) | $3,200 | 65 |
| Basement apartment | $1,850 | 5 |
| Townhouse | $2,550 | 5 |
| Type | Median rent (12 mo) | Average rent (12 mo) | Leases (12 mo) | Median (last 90 days) | Median asking now | Rent / sq ft |
|---|---|---|---|---|---|---|
| Condo apartment | — | — | 1 | — | — | — |
| House (detached / semi) | $3,200 | $3,075 | 65 | $3,200 | $3,050 | $1.40 |
| Basement apartment | $1,850 | $1,840 | 5 | — | — | — |
| Townhouse | $2,550 | $2,610 | 5 | — | — | $2.27 |
Trend
Springwater median rent, last 24 months
Source: TRREB MLS® data, compiled by Summitly · as of November 11, 2026
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| Month | Median rent | Leases |
|---|---|---|
| Oct 2026 | $3,200 | 9 |
| Sep 2026 | $3,100 | 8 |
| Aug 2026 | $3,250 | 5 |
| Jul 2026 | $2,675 | 12 |
| Jun 2026 | $2,850 | 12 |
| May 2026 | $2,950 | 5 |
| Apr 2026 | $2,650 | 9 |
| Mar 2026 | $2,600 | 5 |
| Feb 2026 | — | 4 |
| Jan 2026 | — | 3 |
| Dec 2025 | — | 4 |
| Nov 2025 | $2,900 | 6 |
| Oct 2025 | $3,125 | 5 |
| Sep 2025 | — | 4 |
| Aug 2025 | $2,850 | 6 |
| Jul 2025 | — | 3 |
| Jun 2025 | $3,400 | 7 |
| May 2025 | $3,500 | 5 |
| Apr 2025 | $2,975 | 8 |
| Mar 2025 | $3,050 | 5 |
| Feb 2025 | — | 2 |
| Jan 2025 | $2,800 | 7 |
| Dec 2024 | $2,800 | 5 |
| Nov 2024 | — | 3 |
FAQ
Springwater rent FAQs
What is the average rent in Springwater?
In the 12 months to November 2026, 87 Springwater rentals were leased through the MLS® at a median of $2,900 a month and an average of $2,791. The median is the better guide: a few luxury leases pull the average up.
How much is a 1-bedroom apartment in Springwater?
The median 1-bedroom lease in Springwater was $1,598 a month over the last 12 months (10 leases).
How much is a 2-bedroom rental in Springwater?
A 2-bedroom in Springwater leased for a median $2,200 a month over the last 12 months, across 7 leases.
Is it cheaper to rent a basement, condo or house in Springwater?
Over the last 12 months the cheapest type was basement apartment at a median $1,850, and the most expensive was house (detached / semi) at $3,200. basement apartment $1,850, townhouse $2,550 and house (detached / semi) $3,200.
Are rents going up or down in Springwater?
The median lease in Oct 2026 was $3,200, up 2.4% from $3,125 in Oct 2025. Monthly medians move with the mix of units leased, so read the 24-month trend rather than a single month.
Where do these rent figures come from?
They are medians and averages of closed leases recorded on the TRREB MLS® (the rent actually agreed, not the asking rent), refreshed November 2026. A figure is shown only when it covers at least 5 leases, so no single lease can be identified.
Sources & method
Where these rents come from.
- Rents are the monthly prices on leases that closed on the TRREB MLS® (status Leased), not asking rents, except the "Median asking now" column, which covers rentals listed today.
- The 12-month window runs to the data refresh date; the 90-day column covers the most recent 90 days. The trend shows complete calendar months only.
- Bedrooms are the above-grade bedroom count on the listing, so a 1-bedroom plus den counts as a 1-bedroom. Studios are listings with no bedrooms.
- Basement apartments are lower-level units or units numbered as a basement; houses are detached and semi-detached homes leased whole; townhouses include condo townhouses.
- Rents under $300 or over $50,000 a month are treated as data errors and excluded. Rent per square foot uses leases with an exact floor area only.
- Every figure covers at least 5 leases, so no individual lease can be identified. This page is indexed only when the city has at least 50 leases in 12 months.
Source: TRREB MLS® data, compiled by Summitly.
