Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Call Now: 416-939-2500 Email: vikas@vikaspalan.com
March 2026 · Cambridge
Average Rent in Cambridge — March 2026
43 confirmed residential leases in Cambridge in March 2026. Average rent $2,471/month. Mixed conditions across property types.
Avg Lease Price $2,471/mo
Median Lease $2,575/mo
Avg Asking $2,505/mo
Lease / Ask 98.7%
Leased Over Asking 4.7%
Avg DOM 65 days
Total Leased
43
all residential
Avg Lease Price
$2,471
per month
Median Lease
$2,575
mid-point
Lease / Ask
98.7%
avg ratio
Over Asking
4.7%
of all leases
Avg DOM
65
days on market
Lease Prices by Property Type
Cambridge · March 2026
💰 Lease Price Summary
Average Lease $2,471/mo
Median Lease $2,575/mo
Avg Asking Rent $2,505/mo
Lowest Lease $1,350
Highest Lease $3,100
Lease / Ask Ratio 98.7%
📊 Market Activity
Leased over asking 4.7%
Leased at asking 58.1%
Leased under asking 37.2%
Avg Days on Market 65 days
Fast · 050Slow · 100+
⚖️ Balanced — 4.7% over vs 37.2% under asking.
💰 Lease Price Summary
Average Lease $2,209/mo
Median Lease $2,150/mo
Avg Asking Rent $2,228/mo
Lowest Lease $1,350
Highest Lease $3,095
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 7.7%
Leased at asking 69.2%
Leased under asking 23.1%
Avg Days on Market 76 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.7% over vs 23.1% under asking.
💰 Lease Price Summary
Average Lease $2,659/mo
Median Lease $2,800/mo
Avg Asking Rent $2,674/mo
Lowest Lease $1,680
Highest Lease $3,100
Lease / Ask Ratio 99.5%
📊 Market Activity
Leased over asking 7.1%
Leased at asking 71.4%
Leased under asking 21.4%
Avg Days on Market 63 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.1% over vs 21.4% under asking.
💰 Lease Price Summary
Average Lease $2,542/mo
Median Lease $2,563/mo
Avg Asking Rent $2,594/mo
Lowest Lease $1,900
Highest Lease $3,095
Lease / Ask Ratio 98.0%
📊 Market Activity
Leased over asking 5.0%
Leased at asking 40.0%
Leased under asking 55.0%
Avg Days on Market 63 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 55% leased below asking. Avg 63 days on market.
💰 Lease Price Summary
Average Lease $1,992/mo
Median Lease $1,993/mo
Avg Asking Rent $1,992/mo
Lowest Lease $1,695
Highest Lease $2,290
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 88 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Nearby Cities · March 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Kitchener | $2,167 | $2,100 | 98.0% | 54d | ⚖️ Balanced |
| Waterloo | $2,216 | $2,075 | 99.0% | 53d | ⚖️ Balanced |
| Guelph | $2,413 | $2,350 | 99.0% | 66d | ⚖️ Balanced |
| Hamilton | $2,301 | $2,200 | 99.0% | 59d | ⚖️ Balanced |
| North Dumfries | $2,947 | $3,200 | 98.9% | 49d | ⚖️ Balanced |
Frequently Asked Questions
Cambridge · March 2026
The average confirmed lease in Cambridge was $2,471/month in March 2026,
based on 43 MLS® transactions. The median was
$2,575/month.
Condos averaged $2,209/mo, freehold averaged $2,659/mo, and townhouses averaged $2,542/mo.
Units in Cambridge took an average of 65 days to lease in March 2026.
Freehold rentals averaged 63 days while condos averaged 76 days.
In March 2026, condos averaged $2,209/month while freehold rentals averaged $2,659/month —
a difference of $450/month.
Cambridge averaged $2,471/month in March 2026. North Dumfries averaged $2,947/mo. Guelph averaged $2,413/mo. See the full March 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.
