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April 2026 · Cambridge
Average Rent in Cambridge — April 2026
42 confirmed residential leases in Cambridge in April 2026. Average rent $2,442/month. Mixed conditions across property types.
Avg Lease Price $2,442/mo
Median Lease $2,575/mo
Avg Asking $2,468/mo
Lease / Ask 98.9%
Leased Over Asking 11.9%
Avg DOM 55 days
Previous Months
Total Leased
42
all residential
Avg Lease Price
$2,442
per month
Median Lease
$2,575
mid-point
Lease / Ask
98.9%
avg ratio
Over Asking
11.9%
of all leases
Avg DOM
55
days on market
Lease Prices by Property Type
Cambridge · April 2026
💰 Lease Price Summary
Average Lease $2,442/mo
Median Lease $2,575/mo
Avg Asking Rent $2,468/mo
Lowest Lease $1,400
Highest Lease $3,250
Lease / Ask Ratio 98.9%
📊 Market Activity
Leased over asking 11.9%
Leased at asking 59.5%
Leased under asking 28.6%
Avg Days on Market 55 days
Fast · 050Slow · 100+
⚖️ Balanced — 11.9% over vs 28.6% under asking.
💰 Lease Price Summary
Average Lease $2,240/mo
Median Lease $2,100/mo
Avg Asking Rent $2,270/mo
Lowest Lease $1,900
Highest Lease $2,650
Lease / Ask Ratio 98.7%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 60.0%
Leased under asking 40.0%
Avg Days on Market 61 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 40% under asking.
💰 Lease Price Summary
Average Lease $2,550/mo
Median Lease $2,700/mo
Avg Asking Rent $2,583/mo
Lowest Lease $1,400
Highest Lease $3,250
Lease / Ask Ratio 98.7%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 80.0%
Leased under asking 20.0%
Avg Days on Market 52 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 20% under asking.
💰 Lease Price Summary
Average Lease $2,505/mo
Median Lease $2,575/mo
Avg Asking Rent $2,532/mo
Lowest Lease $1,750
Highest Lease $3,000
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 52 days
Fast · 050Slow · 100+
⚖️ Balanced — 20% over vs 40% under asking.
💰 Lease Price Summary
Average Lease $1,906/mo
Median Lease $1,965/mo
Avg Asking Rent $1,906/mo
Lowest Lease $1,400
Highest Lease $2,295
Lease / Ask Ratio 100.0%
📊 Market Activity
Leased over asking 25.0%
Leased at asking 75.0%
Leased under asking 0.0%
Avg Days on Market 82 days
Fast · 050Slow · 100+
⚖️ Balanced — 25% over vs 0% under asking.
Nearby Cities · April 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Kitchener | $2,176 | $2,000 | 98.9% | 59d | ⚖️ Balanced |
| Waterloo | $2,298 | $2,279 | 99.0% | 63d | ⚖️ Balanced |
| Guelph | $2,478 | $2,500 | 99.3% | 59d | ⚖️ Balanced |
| Hamilton | $2,316 | $2,200 | 99.3% | 59d | ⚖️ Balanced |
| North Dumfries | $2,825 | $2,825 | 95.8% | 58d | 🧊 Renter-Friendly |
Frequently Asked Questions
Cambridge · April 2026
The average confirmed lease in Cambridge was $2,442/month in April 2026,
based on 42 MLS® transactions. The median was
$2,575/month.
Condos averaged $2,240/mo, freehold averaged $2,550/mo, and townhouses averaged $2,505/mo.
Units in Cambridge took an average of 55 days to lease in April 2026.
Freehold rentals averaged 52 days while condos averaged 61 days.
In April 2026, condos averaged $2,240/month while freehold rentals averaged $2,550/month —
a difference of $310/month.
Cambridge averaged $2,442/month in April 2026. Guelph averaged $2,478/mo. Hamilton averaged $2,316/mo. See the full April 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.
