Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Call Now: 416-939-2500 Email: vikas@vikaspalan.com
July 2026 · Cambridge
Average Rent in Cambridge — July 2026
32 confirmed residential leases in Cambridge in July 2026. Average rent $2,502/month. Mixed conditions across property types.
Avg Lease Price $2,502/mo
Median Lease $2,675/mo
Avg Asking $2,523/mo
Lease / Ask 99.2%
Leased Over Asking 3.1%
Avg DOM 30 days
Previous Months
Total Leased
32
all residential
Avg Lease Price
$2,502
per month
Median Lease
$2,675
mid-point
Lease / Ask
99.2%
avg ratio
Over Asking
3.1%
of all leases
Avg DOM
30
days on market
Lease Prices by Property Type
Cambridge · July 2026
💰 Lease Price Summary
Average Lease $2,502/mo
Median Lease $2,675/mo
Avg Asking Rent $2,523/mo
Lowest Lease $1,150
Highest Lease $4,000
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 3.1%
Leased at asking 68.8%
Leased under asking 28.1%
Avg Days on Market 30 days
Fast · 050Slow · 100+
⚖️ Balanced — 3.1% over vs 28.1% under asking.
💰 Lease Price Summary
Average Lease $2,456/mo
Median Lease $2,250/mo
Avg Asking Rent $2,491/mo
Lowest Lease $1,890
Highest Lease $3,200
Lease / Ask Ratio 98.6%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 71.4%
Leased under asking 28.6%
Avg Days on Market 36 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 28.6% under asking.
💰 Lease Price Summary
Average Lease $2,614/mo
Median Lease $2,800/mo
Avg Asking Rent $2,635/mo
Lowest Lease $1,150
Highest Lease $4,000
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 6.3%
Leased at asking 62.5%
Leased under asking 31.3%
Avg Days on Market 32 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.3% over vs 31.3% under asking.
💰 Lease Price Summary
Average Lease $2,655/mo
Median Lease $2,700/mo
Avg Asking Rent $2,686/mo
Lowest Lease $2,150
Highest Lease $3,200
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 63.6%
Leased under asking 36.4%
Avg Days on Market 33 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 36.4% under asking.
💰 Lease Price Summary
Average Lease $1,630/mo
Median Lease $1,500/mo
Avg Asking Rent $1,630/mo
Lowest Lease $1,495
Highest Lease $1,895
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 20 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Nearby Cities · July 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Kitchener | $2,206 | $2,100 | 99.2% | 28d | ⚖️ Balanced |
| Waterloo | $2,205 | $2,130 | 99.2% | 43d | ⚖️ Balanced |
| Guelph | $2,537 | $2,438 | 99.7% | 31d | ⚖️ Balanced |
| Hamilton | $2,376 | $2,300 | 99.7% | 36d | ⚖️ Balanced |
| North Dumfries | $2,583 | $2,750 | 100.7% | 47d | ⚖️ Balanced |
Frequently Asked Questions
Cambridge · July 2026
The average confirmed lease in Cambridge was $2,502/month in July 2026,
based on 32 MLS® transactions. The median was
$2,675/month.
Condos averaged $2,456/mo, freehold averaged $2,614/mo, and townhouses averaged $2,655/mo.
Units in Cambridge took an average of 30 days to lease in July 2026.
Freehold rentals averaged 32 days while condos averaged 36 days.
In July 2026, condos averaged $2,456/month while freehold rentals averaged $2,614/month —
a difference of $158/month.
Cambridge averaged $2,502/month in July 2026. Guelph averaged $2,537/mo. Hamilton averaged $2,376/mo. See the full July 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.
