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June 2025 · Cambridge
Average Rent in Cambridge — June 2025
33 confirmed residential leases in Cambridge in June 2025. Average rent $2,516/month. Mixed conditions across property types.
Avg Lease Price $2,516/mo
Median Lease $2,625/mo
Avg Asking $2,528/mo
Lease / Ask 99.5%
Leased Over Asking 15.2%
Avg DOM 48 days
Total Leased
33
all residential
Avg Lease Price
$2,516
per month
Median Lease
$2,625
mid-point
Lease / Ask
99.5%
avg ratio
Over Asking
15.2%
of all leases
Avg DOM
48
days on market
Lease Prices by Property Type
Cambridge · June 2025
💰 Lease Price Summary
Average Lease $2,516/mo
Median Lease $2,625/mo
Avg Asking Rent $2,528/mo
Lowest Lease $1,650
Highest Lease $3,500
Lease / Ask Ratio 99.5%
📊 Market Activity
Leased over asking 15.2%
Leased at asking 75.8%
Leased under asking 9.1%
Avg Days on Market 48 days
Fast · 050Slow · 100+
⚖️ Balanced — 15.2% over vs 9.1% under asking.
💰 Lease Price Summary
Average Lease $2,273/mo
Median Lease $2,275/mo
Avg Asking Rent $2,298/mo
Lowest Lease $1,700
Highest Lease $2,750
Lease / Ask Ratio 98.9%
📊 Market Activity
Leased over asking 9.1%
Leased at asking 72.7%
Leased under asking 18.2%
Avg Days on Market 38 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.1% over vs 18.2% under asking.
💰 Lease Price Summary
Average Lease $2,679/mo
Median Lease $2,700/mo
Avg Asking Rent $2,672/mo
Lowest Lease $1,775
Highest Lease $3,500
Lease / Ask Ratio 100.3%
📊 Market Activity
Leased over asking 18.2%
Leased at asking 81.8%
Leased under asking 0.0%
Avg Days on Market 61 days
Fast · 050Slow · 100+
⚖️ Balanced — 18.2% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $2,587/mo
Median Lease $2,650/mo
Avg Asking Rent $2,608/mo
Lowest Lease $2,000
Highest Lease $2,900
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 13.3%
Leased at asking 73.3%
Leased under asking 13.3%
Avg Days on Market 40 days
Fast · 050Slow · 100+
⚖️ Balanced — 13.3% over vs 13.3% under asking.
💰 Lease Price Summary
Average Lease $1,650/mo
Median Lease $1,650/mo
Avg Asking Rent $1,650/mo
Lowest Lease $1,650
Highest Lease $1,650
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 54 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Nearby Cities · June 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Kitchener | $2,206 | $2,100 | 99.1% | 51d | ⚖️ Balanced |
| Waterloo | $2,420 | $2,175 | 100.2% | 58d | ⚖️ Balanced |
| Guelph | $2,681 | $2,500 | 99.6% | 54d | ⚖️ Balanced |
| Hamilton | $2,542 | $2,500 | 99.9% | 54d | ⚖️ Balanced |
| North Dumfries | $2,950 | $2,950 | 100.0% | 51d | ⚖️ Balanced |
Frequently Asked Questions
Cambridge · June 2025
The average confirmed lease in Cambridge was $2,516/month in June 2025,
based on 33 MLS® transactions. The median was
$2,625/month.
Condos averaged $2,273/mo, freehold averaged $2,679/mo, and townhouses averaged $2,587/mo.
Units in Cambridge took an average of 48 days to lease in June 2025.
Freehold rentals averaged 61 days while condos averaged 38 days.
In June 2025, condos averaged $2,273/month while freehold rentals averaged $2,679/month —
a difference of $406/month.
Cambridge averaged $2,516/month in June 2025. Hamilton averaged $2,542/mo. Waterloo averaged $2,420/mo. See the full June 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.
