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May 2025 · Erin
Average Rent in Erin — May 2025
18 confirmed residential leases in Erin in May 2025. Average rent $2,694/month. Mixed conditions across property types.
Avg Lease Price $2,694/mo
Median Lease $2,825/mo
Avg Asking $2,680/mo
Lease / Ask 100.5%
Leased Over Asking 16.7%
Avg DOM 53 days
Total Leased
18
all residential
Avg Lease Price
$2,694
per month
Median Lease
$2,825
mid-point
Lease / Ask
100.5%
avg ratio
Over Asking
16.7%
of all leases
Avg DOM
53
days on market
Lease Prices by Property Type
Erin · May 2025
💰 Lease Price Summary
Average Lease $2,694/mo
Median Lease $2,825/mo
Avg Asking Rent $2,680/mo
Lowest Lease $1,500
Highest Lease $3,200
Lease / Ask Ratio 100.5%
📊 Market Activity
Leased over asking 16.7%
Leased at asking 77.8%
Leased under asking 5.6%
Avg Days on Market 53 days
Fast · 050Slow · 100+
⚖️ Balanced — 16.7% over vs 5.6% under asking.
🏢
No condo data for May 2025
Not enough condo lease transactions in
Erin this month to generate a summary.
💰 Lease Price Summary
Average Lease $2,858/mo
Median Lease $2,925/mo
Avg Asking Rent $2,846/mo
Lowest Lease $1,800
Highest Lease $3,200
Lease / Ask Ratio 100.4%
📊 Market Activity
Leased over asking 16.7%
Leased at asking 75.0%
Leased under asking 8.3%
Avg Days on Market 60 days
Fast · 050Slow · 100+
⚖️ Balanced — 16.7% over vs 8.3% under asking.
💰 Lease Price Summary
Average Lease $2,567/mo
Median Lease $2,600/mo
Avg Asking Rent $2,533/mo
Lowest Lease $2,500
Highest Lease $2,600
Lease / Ask Ratio 101.3%
📊 Market Activity
Leased over asking 33.3%
Leased at asking 66.7%
Leased under asking 0.0%
Avg Days on Market 45 days
Fast · 050Slow · 100+
⚖️ Balanced — 33.3% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $2,167/mo
Median Lease $2,000/mo
Avg Asking Rent $2,167/mo
Lowest Lease $1,500
Highest Lease $3,000
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 32 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Nearby Cities · May 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Guelph | $2,490 | $2,350 | 99.7% | 59d | ⚖️ Balanced |
| Caledon | $3,260 | $3,125 | 99.0% | 47d | ⚖️ Balanced |
| Orangeville | $2,204 | $2,000 | 99.5% | 52d | ⚖️ Balanced |
| Guelph Eramosa | $2,350 | $2,350 | 100.0% | 28d | 🔥 High Demand |
Frequently Asked Questions
Erin · May 2025
The average confirmed lease in Erin was $2,694/month in May 2025,
based on 18 MLS® transactions. The median was
$2,825/month.
Units in Erin took an average of 53 days to lease in May 2025.
Erin averaged $2,694/month in May 2025. Caledon averaged $3,260/mo. Guelph averaged $2,490/mo. See the full May 2025 Ontario lease summary →
Looking to rent in Erin?
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 Erin, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
