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May 2025 · Guelph
Average Rent in Guelph — May 2025
67 confirmed residential leases in Guelph in May 2025. Average rent $2,490/month. Mixed conditions across property types.
Avg Lease Price $2,490/mo
Median Lease $2,350/mo
Avg Asking $2,498/mo
Lease / Ask 99.7%
Leased Over Asking 13.4%
Avg DOM 59 days
Total Leased
67
all residential
Avg Lease Price
$2,490
per month
Median Lease
$2,350
mid-point
Lease / Ask
99.7%
avg ratio
Over Asking
13.4%
of all leases
Avg DOM
59
days on market
Lease Prices by Property Type
Guelph · May 2025
💰 Lease Price Summary
Average Lease $2,490/mo
Median Lease $2,350/mo
Avg Asking Rent $2,498/mo
Lowest Lease $900
Highest Lease $4,170
Lease / Ask Ratio 99.7%
📊 Market Activity
Leased over asking 13.4%
Leased at asking 61.2%
Leased under asking 25.4%
Avg Days on Market 59 days
Fast · 050Slow · 100+
⚖️ Balanced — 13.4% over vs 25.4% under asking.
💰 Lease Price Summary
Average Lease $2,430/mo
Median Lease $2,300/mo
Avg Asking Rent $2,451/mo
Lowest Lease $1,850
Highest Lease $3,600
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 11.9%
Leased at asking 57.1%
Leased under asking 31.0%
Avg Days on Market 49 days
Fast · 050Slow · 100+
⚖️ Balanced — 11.9% over vs 31% under asking.
💰 Lease Price Summary
Average Lease $2,634/mo
Median Lease $2,800/mo
Avg Asking Rent $2,604/mo
Lowest Lease $900
Highest Lease $4,170
Lease / Ask Ratio 101.1%
📊 Market Activity
Leased over asking 23.5%
Leased at asking 58.8%
Leased under asking 17.6%
Avg Days on Market 83 days
Fast · 050Slow · 100+
⚖️ Balanced — 23.5% over vs 17.6% under asking.
💰 Lease Price Summary
Average Lease $3,044/mo
Median Lease $3,050/mo
Avg Asking Rent $3,065/mo
Lowest Lease $2,300
Highest Lease $3,600
Lease / Ask Ratio 99.3%
📊 Market Activity
Leased over asking 8.3%
Leased at asking 83.3%
Leased under asking 8.3%
Avg Days on Market 51 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.3% over vs 8.3% under asking.
💰 Lease Price Summary
Average Lease $2,242/mo
Median Lease $2,300/mo
Avg Asking Rent $2,267/mo
Lowest Lease $1,850
Highest Lease $2,550
Lease / Ask Ratio 98.9%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 83.3%
Leased under asking 16.7%
Avg Days on Market 65 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 16.7% under asking.
Nearby Cities · May 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Cambridge | $2,537 | $2,600 | 98.8% | 49d | ⚖️ Balanced |
| Kitchener | $2,294 | $2,200 | 98.7% | 47d | ⚖️ Balanced |
| Waterloo | $2,374 | $2,300 | 98.9% | 62d | ⚖️ Balanced |
| Puslinch | $3,588 | $3,525 | 100.0% | 44d | ⚖️ Balanced |
| Centre Wellington | $2,929 | $2,650 | 97.4% | 61d | ⚖️ Balanced |
| Guelph Eramosa | $2,350 | $2,350 | 100.0% | 28d | 🔥 High Demand |
Frequently Asked Questions
Guelph · May 2025
The average confirmed lease in Guelph was $2,490/month in May 2025,
based on 67 MLS® transactions. The median was
$2,350/month.
Condos averaged $2,430/mo, freehold averaged $2,634/mo, and townhouses averaged $3,044/mo.
Units in Guelph took an average of 59 days to lease in May 2025.
Freehold rentals averaged 83 days while condos averaged 49 days.
In May 2025, condos averaged $2,430/month while freehold rentals averaged $2,634/month —
a difference of $204/month.
Guelph averaged $2,490/month in May 2025. Cambridge averaged $2,537/mo. Waterloo averaged $2,374/mo. See the full May 2025 Ontario lease summary →
Looking to rent in Guelph?
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 Guelph, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
