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May 2026 · Aurora
Average Rent in Aurora — May 2026
53 confirmed residential leases in Aurora in May 2026. Average rent $3,006/month. Mixed conditions across property types.
Avg Lease Price $3,006/mo
Median Lease $3,000/mo
Avg Asking $3,040/mo
Lease / Ask 98.9%
Leased Over Asking 7.5%
Avg DOM 32 days
Previous Months
Total Leased
53
all residential
Avg Lease Price
$3,006
per month
Median Lease
$3,000
mid-point
Lease / Ask
98.9%
avg ratio
Over Asking
7.5%
of all leases
Avg DOM
32
days on market
Lease Prices by Property Type
Aurora · May 2026
💰 Lease Price Summary
Average Lease $3,006/mo
Median Lease $3,000/mo
Avg Asking Rent $3,040/mo
Lowest Lease $1,400
Highest Lease $5,400
Lease / Ask Ratio 98.9%
📊 Market Activity
Leased over asking 7.5%
Leased at asking 54.7%
Leased under asking 37.7%
Avg Days on Market 32 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.5% over vs 37.7% under asking.
💰 Lease Price Summary
Average Lease $3,171/mo
Median Lease $3,000/mo
Avg Asking Rent $3,207/mo
Lowest Lease $2,500
Highest Lease $4,900
Lease / Ask Ratio 98.9%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 57.1%
Leased under asking 42.9%
Avg Days on Market 12 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 42.9% under asking.
💰 Lease Price Summary
Average Lease $3,147/mo
Median Lease $3,150/mo
Avg Asking Rent $3,170/mo
Lowest Lease $1,400
Highest Lease $5,400
Lease / Ask Ratio 99.3%
📊 Market Activity
Leased over asking 14.3%
Leased at asking 42.9%
Leased under asking 42.9%
Avg Days on Market 38 days
Fast · 050Slow · 100+
⚖️ Balanced — 14.3% over vs 42.9% under asking.
💰 Lease Price Summary
Average Lease $3,040/mo
Median Lease $3,000/mo
Avg Asking Rent $3,083/mo
Lowest Lease $2,500
Highest Lease $3,400
Lease / Ask Ratio 98.6%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 60.0%
Leased under asking 40.0%
Avg Days on Market 18 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 40% under asking.
💰 Lease Price Summary
Average Lease $1,948/mo
Median Lease $2,000/mo
Avg Asking Rent $2,031/mo
Lowest Lease $1,495
Highest Lease $2,200
Lease / Ask Ratio 95.9%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 66.7%
Leased under asking 33.3%
Avg Days on Market 57 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 33.3% under asking.
Nearby Cities · May 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Newmarket | $2,598 | $2,450 | 99.3% | 28d | ⚖️ Balanced |
| Richmond Hill | $3,012 | $2,900 | 99.2% | 29d | ⚖️ Balanced |
| Vaughan | $2,687 | $2,400 | 99.8% | 26d | ⚖️ Balanced |
| King | $3,455 | $3,150 | 100.1% | 13d | ⚖️ Balanced |
| East Gwillimbury | $3,232 | $3,300 | 98.9% | 23d | ⚖️ Balanced |
Frequently Asked Questions
Aurora · May 2026
The average confirmed lease in Aurora was $3,006/month in May 2026,
based on 53 MLS® transactions. The median was
$3,000/month.
Condos averaged $3,171/mo, freehold averaged $3,147/mo, and townhouses averaged $3,040/mo.
Units in Aurora took an average of 32 days to lease in May 2026.
Freehold rentals averaged 38 days while condos averaged 12 days.
In May 2026, condos averaged $3,171/month while freehold rentals averaged $3,147/month —
a difference of $24/month.
Aurora averaged $3,006/month in May 2026. Richmond Hill averaged $3,012/mo. Vaughan averaged $2,687/mo. See the full May 2026 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.
