If you’ve been keeping an eye on the real estate market in Ontario, you know things are shifting quickly. While the Greater Toronto Area (GTA) often grabs all the headlines, the rental market east and north of Toronto—specifically in Durham Region and Kawartha Lakes—is just as important to watch. More renters, investors, and families are looking at these communities as affordable, lifestyle-friendly alternatives to the city.
Why Renters Are Moving East & North
The GTA’s high cost of living has pushed many people to explore options outside of Toronto. Durham Region and the Kawartha Lakes have become attractive choices because they offer:
Lower rental prices compared to Toronto condos.
Larger homes and more space, perfect for families or people working remotely.
Access to nature, lakes, and small-town living without giving up city amenities.
Commuter options, with highways and GO Transit linking back to Toronto.
This shift has created more demand in local rental markets—from basement apartments in Oshawa, to townhomes in Whitby, to waterfront cottages in Kawartha Lakes that are increasingly being rented out year-round.
Current Rental Trends in Durham Region
Durham has long been known as the “next stop east” for people priced out of Toronto. The region’s rental market has seen:
Growing inventory of condos and legal secondary suites, especially in Oshawa, Whitby, and Pickering.
Strong demand from students near Durham College and Ontario Tech University.
Families seeking larger suburban homes to rent while they save for a down payment.
Investors converting single-family homes into multi-unit rentals to meet demand.
While average rental prices are still lower than Toronto, they’ve climbed steadily over the past few years as more people discover the value of Durham’s communities.
Current Rental Trends in Kawartha Lakes
Kawartha Lakes is seeing a different type of demand. Traditionally known as cottage country, it’s now a year-round housing market. Trends include:
Cottages turning into full-time rentals, especially for those working remotely.
Retirees renting homes while they downsize or test out small-town living.
Short-term rental demand from vacationers, though many municipalities are tightening regulations.
Increasing interest from GTA transplants who want affordability and a slower pace of life.
Rental prices in Kawartha Lakes remain more affordable than Durham and the GTA, but with rising demand, that gap is narrowing.
What This Means for Renters
If you’re looking to rent in Durham Region or Kawartha Lakes, here are a few takeaways:
Act fast—the best properties don’t stay on the market long.
Expect competition—more people are applying for fewer rentals.
Know your budget—prices may not be as high as Toronto, but they are climbing.
What This Means for Investors
If you’re a landlord or considering buying an investment property, now is a great time to look east and north of the GTA:
Durham Region offers strong, consistent rental demand thanks to commuters, students, and young families.
Kawartha Lakes provides opportunities in both long-term rentals and seasonal short-term markets.
With affordability challenges in Toronto, demand will only continue to flow into these regions.
Final Thoughts
The rental market in Durham Region and Kawartha Lakes is evolving quickly. As more people leave the GTA in search of affordability, space, and lifestyle, these communities will continue to see strong demand. Whether you’re a renter looking for more options or an investor searching for the next opportunity, keeping your eye on the east and north of Toronto could pay off.
Looking to rent, invest, or explore your options in Durham Region or Kawartha Lakes? Whether you’re searching for the perfect rental, considering buying an income property, or just want to understand the local market better, I’m here to help. With over 23 years of real estate experience, I have the knowledge, experience and know how to help. Reach out today through TeamDowney.ca for all your rental and investment needs in Durham Region and Kawartha Lakes.
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