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July 2025 · Cambridge
Average Rent in Cambridge — July 2025
31 confirmed residential leases in Cambridge in July 2025. Average rent $2,578/month. Mixed conditions across property types.
Avg Lease Price $2,578/mo
Median Lease $2,700/mo
Avg Asking $2,596/mo
Lease / Ask 99.3%
Leased Over Asking 16.1%
Avg DOM 40 days
Total Leased
31
all residential
Avg Lease Price
$2,578
per month
Median Lease
$2,700
mid-point
Lease / Ask
99.3%
avg ratio
Over Asking
16.1%
of all leases
Avg DOM
40
days on market
Lease Prices by Property Type
Cambridge · July 2025
💰 Lease Price Summary
Average Lease $2,578/mo
Median Lease $2,700/mo
Avg Asking Rent $2,596/mo
Lowest Lease $700
Highest Lease $3,400
Lease / Ask Ratio 99.3%
📊 Market Activity
Leased over asking 16.1%
Leased at asking 54.8%
Leased under asking 29.0%
Avg Days on Market 40 days
Fast · 050Slow · 100+
⚖️ Balanced — 16.1% over vs 29% under asking.
💰 Lease Price Summary
Average Lease $2,208/mo
Median Lease $2,250/mo
Avg Asking Rent $2,233/mo
Lowest Lease $2,000
Highest Lease $2,300
Lease / Ask Ratio 98.9%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 50.0%
Leased under asking 50.0%
Avg Days on Market 47 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 50% leased below asking. Avg 47 days on market.
💰 Lease Price Summary
Average Lease $2,700/mo
Median Lease $3,025/mo
Avg Asking Rent $2,729/mo
Lowest Lease $700
Highest Lease $3,400
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 71.4%
Leased under asking 28.6%
Avg Days on Market 32 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 28.6% under asking.
💰 Lease Price Summary
Average Lease $2,555/mo
Median Lease $2,700/mo
Avg Asking Rent $2,573/mo
Lowest Lease $1,950
Highest Lease $3,020
Lease / Ask Ratio 99.3%
📊 Market Activity
Leased over asking 28.6%
Leased at asking 35.7%
Leased under asking 35.7%
Avg Days on Market 47 days
Fast · 050Slow · 100+
⚖️ Balanced — 28.6% over vs 35.7% under asking.
💰 Lease Price Summary
Average Lease $2,050/mo
Median Lease $2,050/mo
Avg Asking Rent $1,950/mo
Lowest Lease $2,050
Highest Lease $2,050
Lease / Ask Ratio 105.1%
📊 Market Activity
Leased over asking 100.0%
Leased at asking 0.0%
Leased under asking 0.0%
Avg Days on Market 21 days
Fast · 050Slow · 100+
🔥 High demand — 100% leased above asking at a 105.13% lease-to-ask ratio.
Nearby Cities · July 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Kitchener | $2,360 | $2,250 | 99.3% | 54d | ⚖️ Balanced |
| Waterloo | $2,489 | $2,300 | 99.6% | 56d | ⚖️ Balanced |
| Guelph | $2,672 | $2,550 | 100.4% | 48d | ⚖️ Balanced |
| Hamilton | $2,507 | $2,463 | 99.8% | 50d | ⚖️ Balanced |
| North Dumfries | $2,475 | $2,475 | 100.0% | 45d | ⚖️ Balanced |
Frequently Asked Questions
Cambridge · July 2025
The average confirmed lease in Cambridge was $2,578/month in July 2025,
based on 31 MLS® transactions. The median was
$2,700/month.
Condos averaged $2,208/mo, freehold averaged $2,700/mo, and townhouses averaged $2,555/mo.
Units in Cambridge took an average of 40 days to lease in July 2025.
Freehold rentals averaged 32 days while condos averaged 47 days.
In July 2025, condos averaged $2,208/month while freehold rentals averaged $2,700/month —
a difference of $492/month.
Cambridge averaged $2,578/month in July 2025. Guelph averaged $2,672/mo. Hamilton averaged $2,507/mo. See the full July 2025 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.
