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May 2025 · Grimsby
Average Rent in Grimsby — May 2025
15 confirmed residential leases in Grimsby in May 2025. Average rent $2,576/month. Mixed conditions across property types.
Avg Lease Price $2,576/mo
Median Lease $2,250/mo
Avg Asking $2,559/mo
Lease / Ask 100.7%
Leased Over Asking 20%
Avg DOM 50 days
Total Leased
15
all residential
Avg Lease Price
$2,576
per month
Median Lease
$2,250
mid-point
Lease / Ask
100.7%
avg ratio
Over Asking
20%
of all leases
Avg DOM
50
days on market
Lease Prices by Property Type
Grimsby · May 2025
💰 Lease Price Summary
Average Lease $2,576/mo
Median Lease $2,250/mo
Avg Asking Rent $2,559/mo
Lowest Lease $2,100
Highest Lease $4,000
Lease / Ask Ratio 100.7%
📊 Market Activity
Leased over asking 20.0%
Leased at asking 73.3%
Leased under asking 6.7%
Avg Days on Market 50 days
Fast · 050Slow · 100+
⚖️ Balanced — 20% over vs 6.7% under asking.
💰 Lease Price Summary
Average Lease $2,264/mo
Median Lease $2,170/mo
Avg Asking Rent $2,274/mo
Lowest Lease $2,100
Highest Lease $2,700
Lease / Ask Ratio 99.6%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 90.0%
Leased under asking 10.0%
Avg Days on Market 53 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 10% under asking.
💰 Lease Price Summary
Average Lease $3,600/mo
Median Lease $3,600/mo
Avg Asking Rent $3,550/mo
Lowest Lease $3,200
Highest Lease $4,000
Lease / Ask Ratio 101.4%
📊 Market Activity
Leased over asking 50.0%
Leased at asking 50.0%
Leased under asking 0.0%
Avg Days on Market 66 days
Fast · 050Slow · 100+
🔥 High demand — 50% leased above asking at a 101.41% lease-to-ask ratio.
💰 Lease Price Summary
Average Lease $2,750/mo
Median Lease $2,800/mo
Avg Asking Rent $2,700/mo
Lowest Lease $2,250
Highest Lease $3,100
Lease / Ask Ratio 101.9%
📊 Market Activity
Leased over asking 40.0%
Leased at asking 60.0%
Leased under asking 0.0%
Avg Days on Market 33 days
Fast · 050Slow · 100+
⚖️ Balanced — 40% over vs 0% under asking.
🏗
No multi-unit data for May 2025
Not enough multi-unit lease transactions in
Grimsby this month to generate a summary.
Nearby Cities · May 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Hamilton | $2,529 | $2,400 | 100.2% | 58d | ⚖️ Balanced |
| Lincoln | $2,402 | $2,500 | 99.9% | 40d | ⚖️ Balanced |
| St Catharines | $2,203 | $2,150 | 101.1% | 54d | ⚖️ Balanced |
| West Lincoln | $2,850 | $2,850 | 100.0% | 50d | ⚖️ Balanced |
Frequently Asked Questions
Grimsby · May 2025
The average confirmed lease in Grimsby was $2,576/month in May 2025,
based on 15 MLS® transactions. The median was
$2,250/month.
Condos averaged $2,264/mo, freehold averaged $3,600/mo, and townhouses averaged $2,750/mo.
Units in Grimsby took an average of 50 days to lease in May 2025.
Freehold rentals averaged 66 days while condos averaged 53 days.
In May 2025, condos averaged $2,264/month while freehold rentals averaged $3,600/month —
a difference of $1,336/month.
Grimsby averaged $2,576/month in May 2025. West Lincoln averaged $2,850/mo. Hamilton averaged $2,529/mo. See the full May 2025 Ontario lease summary →
Looking to rent in Grimsby?
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 Grimsby, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
