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Home โ€บ Ontario Lease Prices โ€บ Fort Erie โ€บ May 2025
May 2025 ยท Fort Erie

Average Rent in Fort Erie โ€” May 2025

14 confirmed residential leases in Fort Erie in May 2025. Average rent $2,391/month. Mixed conditions across property types.

๐Ÿ  14 Leases ๐Ÿ’ฐ Avg $2,391/mo โฑ 55 Days on Market ๐Ÿ“… May 2025
Avg Lease Price $2,391/mo
Median Lease $2,400/mo
Avg Asking $2,391/mo
Lease / Ask 100.0%
Leased Over Asking 14.3%
Avg DOM 55 days
Total Leased
14
all residential
Avg Lease Price
$2,391
per month
Median Lease
$2,400
mid-point
Lease / Ask
100.0%
avg ratio
Over Asking
14.3%
of all leases
Avg DOM
55
days on market
Lease Prices by Property Type
Fort Erie ยท May 2025
๐Ÿ’ฐ Lease Price Summary
Average Lease $2,391/mo
Median Lease $2,400/mo
Avg Asking Rent $2,391/mo
Lowest Lease $1,600
Highest Lease $3,200
Lease / Ask Ratio 100.0%
๐Ÿ“Š Market Activity
Leased over asking 14.3%
Leased at asking 71.4%
Leased under asking 14.3%
Avg Days on Market 55 days
Fast ยท 050Slow ยท 100+
โš–๏ธ Balanced โ€” 14.3% over vs 14.3% under asking.
๐Ÿข
No condo data for May 2025
Not enough condo lease transactions in Fort Erie this month to generate a summary.
๐Ÿ’ฐ Lease Price Summary
Average Lease $2,375/mo
Median Lease $2,295/mo
Avg Asking Rent $2,370/mo
Lowest Lease $1,600
Highest Lease $3,200
Lease / Ask Ratio 100.2%
๐Ÿ“Š Market Activity
Leased over asking 18.2%
Leased at asking 72.7%
Leased under asking 9.1%
Avg Days on Market 45 days
Fast ยท 050Slow ยท 100+
โš–๏ธ Balanced โ€” 18.2% over vs 9.1% under asking.
๐Ÿ’ฐ Lease Price Summary
Average Lease $2,450/mo
Median Lease $2,450/mo
Avg Asking Rent $2,466/mo
Lowest Lease $2,350
Highest Lease $2,550
Lease / Ask Ratio 99.3%
๐Ÿ“Š Market Activity
Leased over asking 0.0%
Leased at asking 66.7%
Leased under asking 33.3%
Avg Days on Market 91 days
Fast ยท 050Slow ยท 100+
โš–๏ธ Balanced โ€” 0% over vs 33.3% under asking.
๐Ÿ—
No multi-unit data for May 2025
Not enough multi-unit lease transactions in Fort Erie this month to generate a summary.
Nearby Cities ยท May 2025
Average confirmed lease price across all residential property types
All Types
CityAvg LeaseMedianLease / AskDOMMarket
Niagara Falls$2,283$2,200 98.8%46dโš–๏ธ Balanced
Port Colborne$2,512$2,513 99.0%58d๐ŸงŠ Renter-Friendly
Frequently Asked Questions
Fort Erie ยท May 2025
The average confirmed lease in Fort Erie was $2,391/month in May 2025, based on 14 MLSยฎ transactions. The median was $2,400/month.
Units in Fort Erie took an average of 55 days to lease in May 2025.
Fort Erie averaged $2,391/month in May 2025. Port Colborne averaged $2,512/mo. Niagara Falls averaged $2,283/mo. See the full May 2025 Ontario lease summary โ†’

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Data note: Based on MLSยฎ confirmed lease transaction data held in our system for Fort Erie, Ontario. Not official TRREB or CREA data. For general research only โ€” consult a licensed real estate professional before making tenancy decisions.

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