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May 2026 · Guelph
Average Rent in Guelph — May 2026
63 confirmed residential leases in Guelph in May 2026. Average rent $2,559/month. Mixed conditions across property types.
Avg Lease Price $2,559/mo
Median Lease $2,450/mo
Avg Asking $2,586/mo
Lease / Ask 99.0%
Leased Over Asking 12.7%
Avg DOM 29 days
Previous Months
Total Leased
63
all residential
Avg Lease Price
$2,559
per month
Median Lease
$2,450
mid-point
Lease / Ask
99.0%
avg ratio
Over Asking
12.7%
of all leases
Avg DOM
29
days on market
Lease Prices by Property Type
Guelph · May 2026
💰 Lease Price Summary
Average Lease $2,559/mo
Median Lease $2,450/mo
Avg Asking Rent $2,586/mo
Lowest Lease $1,200
Highest Lease $4,000
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 12.7%
Leased at asking 58.7%
Leased under asking 28.6%
Avg Days on Market 29 days
Fast · 050Slow · 100+
⚖️ Balanced — 12.7% over vs 28.6% under asking.
💰 Lease Price Summary
Average Lease $2,504/mo
Median Lease $2,425/mo
Avg Asking Rent $2,519/mo
Lowest Lease $1,800
Highest Lease $3,600
Lease / Ask Ratio 99.4%
📊 Market Activity
Leased over asking 14.7%
Leased at asking 61.8%
Leased under asking 23.5%
Avg Days on Market 29 days
Fast · 050Slow · 100+
⚖️ Balanced — 14.7% over vs 23.5% under asking.
💰 Lease Price Summary
Average Lease $2,609/mo
Median Lease $2,600/mo
Avg Asking Rent $2,641/mo
Lowest Lease $1,700
Highest Lease $3,800
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 5.9%
Leased at asking 64.7%
Leased under asking 29.4%
Avg Days on Market 26 days
Fast · 050Slow · 100+
⚖️ Balanced — 5.9% over vs 29.4% under asking.
💰 Lease Price Summary
Average Lease $2,909/mo
Median Lease $2,800/mo
Avg Asking Rent $2,938/mo
Lowest Lease $2,450
Highest Lease $4,000
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 27.3%
Leased at asking 45.5%
Leased under asking 27.3%
Avg Days on Market 25 days
Fast · 050Slow · 100+
⚖️ Balanced — 27.3% over vs 27.3% under asking.
💰 Lease Price Summary
Average Lease $2,328/mo
Median Lease $2,350/mo
Avg Asking Rent $2,356/mo
Lowest Lease $1,200
Highest Lease $3,300
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 14.3%
Leased at asking 57.1%
Leased under asking 28.6%
Avg Days on Market 35 days
Fast · 050Slow · 100+
⚖️ Balanced — 14.3% over vs 28.6% under asking.
Nearby Cities · May 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Cambridge | $2,449 | $2,500 | 98.8% | 38d | ⚖️ Balanced |
| Kitchener | $2,204 | $2,200 | 98.6% | 30d | ⚖️ Balanced |
| Waterloo | $2,318 | $2,075 | 100.3% | 34d | ⚖️ Balanced |
| Puslinch | $2,500 | $2,500 | 100.0% | 12d | ⚖️ Balanced |
| Centre Wellington | $2,638 | $2,600 | 99.3% | 18d | ⚖️ Balanced |
| Guelph Eramosa | $3,025 | $3,125 | 99.6% | 67d | ⚖️ Balanced |
Frequently Asked Questions
Guelph · May 2026
The average confirmed lease in Guelph was $2,559/month in May 2026,
based on 63 MLS® transactions. The median was
$2,450/month.
Condos averaged $2,504/mo, freehold averaged $2,609/mo, and townhouses averaged $2,909/mo.
Units in Guelph took an average of 29 days to lease in May 2026.
Freehold rentals averaged 26 days while condos averaged 29 days.
In May 2026, condos averaged $2,504/month while freehold rentals averaged $2,609/month —
a difference of $105/month.
Guelph averaged $2,559/month in May 2026. Centre Wellington averaged $2,638/mo. Puslinch averaged $2,500/mo. See the full May 2026 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.
