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May 2025 · Aurora
Average Rent in Aurora — May 2025
45 confirmed residential leases in Aurora in May 2025. Average rent $2,753/month. Mixed conditions across property types.
Avg Lease Price $2,753/mo
Median Lease $2,800/mo
Avg Asking $2,797/mo
Lease / Ask 98.4%
Leased Over Asking 6.7%
Avg DOM 48 days
Total Leased
45
all residential
Avg Lease Price
$2,753
per month
Median Lease
$2,800
mid-point
Lease / Ask
98.4%
avg ratio
Over Asking
6.7%
of all leases
Avg DOM
48
days on market
Lease Prices by Property Type
Aurora · May 2025
💰 Lease Price Summary
Average Lease $2,753/mo
Median Lease $2,800/mo
Avg Asking Rent $2,797/mo
Lowest Lease $1,150
Highest Lease $4,300
Lease / Ask Ratio 98.4%
📊 Market Activity
Leased over asking 6.7%
Leased at asking 60.0%
Leased under asking 33.3%
Avg Days on Market 48 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.7% over vs 33.3% under asking.
💰 Lease Price Summary
Average Lease $2,903/mo
Median Lease $2,850/mo
Avg Asking Rent $2,969/mo
Lowest Lease $2,600
Highest Lease $3,325
Lease / Ask Ratio 97.8%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 37.5%
Leased under asking 62.5%
Avg Days on Market 39 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 62.5% leased below asking. Avg 39 days on market.
💰 Lease Price Summary
Average Lease $2,656/mo
Median Lease $2,775/mo
Avg Asking Rent $2,698/mo
Lowest Lease $1,150
Highest Lease $4,300
Lease / Ask Ratio 98.5%
📊 Market Activity
Leased over asking 9.4%
Leased at asking 62.5%
Leased under asking 28.1%
Avg Days on Market 54 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.4% over vs 28.1% under asking.
💰 Lease Price Summary
Average Lease $3,002/mo
Median Lease $2,950/mo
Avg Asking Rent $3,036/mo
Lowest Lease $2,500
Highest Lease $3,500
Lease / Ask Ratio 98.9%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 63.6%
Leased under asking 36.4%
Avg Days on Market 31 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 36.4% under asking.
🏗
No multi-unit data for May 2025
Not enough multi-unit lease transactions in
Aurora this month to generate a summary.
Nearby Cities · May 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Newmarket | $2,681 | $2,750 | 99.9% | 45d | ⚖️ Balanced |
| Richmond Hill | $3,013 | $2,900 | 99.0% | 46d | ⚖️ Balanced |
| Vaughan | $2,658 | $2,450 | 99.9% | 40d | ⚖️ Balanced |
| King | $3,825 | $3,500 | 98.7% | 51d | ⚖️ Balanced |
| East Gwillimbury | $3,219 | $3,300 | 99.4% | 42d | ⚖️ Balanced |
Frequently Asked Questions
Aurora · May 2025
The average confirmed lease in Aurora was $2,753/month in May 2025,
based on 45 MLS® transactions. The median was
$2,800/month.
Condos averaged $2,903/mo, freehold averaged $2,656/mo, and townhouses averaged $3,002/mo.
Units in Aurora took an average of 48 days to lease in May 2025.
Freehold rentals averaged 54 days while condos averaged 39 days.
In May 2025, condos averaged $2,903/month while freehold rentals averaged $2,656/month —
a difference of $247/month.
Aurora averaged $2,753/month in May 2025. Richmond Hill averaged $3,013/mo. Newmarket averaged $2,681/mo. See the full May 2025 Ontario lease summary →
Looking to rent in Aurora?
Browse available rentals or connect with a local agent who knows the rental market.
Data note: Based on MLS® confirmed lease transaction data held in our system for Aurora, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
