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February 2026 · Cambridge
Average Rent in Cambridge — February 2026
44 confirmed residential leases in Cambridge in February 2026. Average rent $2,451/month. Mixed conditions across property types.
Avg Lease Price $2,451/mo
Median Lease $2,500/mo
Avg Asking $2,484/mo
Lease / Ask 98.7%
Leased Over Asking 11.4%
Avg DOM 54 days
Total Leased
44
all residential
Avg Lease Price
$2,451
per month
Median Lease
$2,500
mid-point
Lease / Ask
98.7%
avg ratio
Over Asking
11.4%
of all leases
Avg DOM
54
days on market
Lease Prices by Property Type
Cambridge · February 2026
💰 Lease Price Summary
Average Lease $2,451/mo
Median Lease $2,500/mo
Avg Asking Rent $2,484/mo
Lowest Lease $1,480
Highest Lease $3,500
Lease / Ask Ratio 98.7%
📊 Market Activity
Leased over asking 11.4%
Leased at asking 52.3%
Leased under asking 36.4%
Avg Days on Market 54 days
Fast · 050Slow · 100+
⚖️ Balanced — 11.4% over vs 36.4% under asking.
💰 Lease Price Summary
Average Lease $2,150/mo
Median Lease $2,100/mo
Avg Asking Rent $2,175/mo
Lowest Lease $1,700
Highest Lease $2,600
Lease / Ask Ratio 98.9%
📊 Market Activity
Leased over asking 20.0%
Leased at asking 40.0%
Leased under asking 40.0%
Avg Days on Market 55 days
Fast · 050Slow · 100+
⚖️ Balanced — 20% over vs 40% under asking.
💰 Lease Price Summary
Average Lease $2,653/mo
Median Lease $2,675/mo
Avg Asking Rent $2,696/mo
Lowest Lease $1,550
Highest Lease $3,500
Lease / Ask Ratio 98.4%
📊 Market Activity
Leased over asking 7.1%
Leased at asking 57.1%
Leased under asking 35.7%
Avg Days on Market 56 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.1% over vs 35.7% under asking.
💰 Lease Price Summary
Average Lease $2,469/mo
Median Lease $2,500/mo
Avg Asking Rent $2,503/mo
Lowest Lease $1,950
Highest Lease $2,875
Lease / Ask Ratio 98.6%
📊 Market Activity
Leased over asking 16.7%
Leased at asking 41.7%
Leased under asking 41.7%
Avg Days on Market 55 days
Fast · 050Slow · 100+
⚖️ Balanced — 16.7% over vs 41.7% under asking.
💰 Lease Price Summary
Average Lease $1,488/mo
Median Lease $1,488/mo
Avg Asking Rent $1,488/mo
Lowest Lease $1,480
Highest Lease $1,495
Lease / Ask Ratio 100.0%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 100.0%
Leased under asking 0.0%
Avg Days on Market 69 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Nearby Cities · February 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Kitchener | $2,226 | $2,050 | 99.0% | 56d | ⚖️ Balanced |
| Waterloo | $2,567 | $2,600 | 98.8% | 51d | ⚖️ Balanced |
| Guelph | $2,425 | $2,300 | 99.9% | 58d | ⚖️ Balanced |
| Hamilton | $2,425 | $2,500 | 98.9% | 59d | ⚖️ Balanced |
| North Dumfries | $2,175 | $2,175 | 102.4% | 44d | 🔥 High Demand |
Frequently Asked Questions
Cambridge · February 2026
The average confirmed lease in Cambridge was $2,451/month in February 2026,
based on 44 MLS® transactions. The median was
$2,500/month.
Condos averaged $2,150/mo, freehold averaged $2,653/mo, and townhouses averaged $2,469/mo.
Units in Cambridge took an average of 54 days to lease in February 2026.
Freehold rentals averaged 56 days while condos averaged 55 days.
In February 2026, condos averaged $2,150/month while freehold rentals averaged $2,653/month —
a difference of $503/month.
Cambridge averaged $2,451/month in February 2026. Waterloo averaged $2,567/mo. Guelph averaged $2,425/mo. See the full February 2026 Ontario lease summary →
Looking to rent in Cambridge?
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 Cambridge, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
