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August 2025 · King
Average Rent in King — August 2025
23 confirmed residential leases in King in August 2025. Average rent $2,717/month. 56.5% of units leased below asking — renters have negotiating leverage.
Avg Lease Price $2,717/mo
Median Lease $2,395/mo
Avg Asking $2,828/mo
Lease / Ask 96.1%
Leased Over Asking 4.3%
Avg DOM 47 days
Total Leased
23
all residential
Avg Lease Price
$2,717
per month
Median Lease
$2,395
mid-point
Lease / Ask
96.1%
avg ratio
Over Asking
4.3%
of all leases
Avg DOM
47
days on market
Lease Prices by Property Type
King · August 2025
💰 Lease Price Summary
Average Lease $2,717/mo
Median Lease $2,395/mo
Avg Asking Rent $2,828/mo
Lowest Lease $2,000
Highest Lease $5,400
Lease / Ask Ratio 96.1%
📊 Market Activity
Leased over asking 4.3%
Leased at asking 39.1%
Leased under asking 56.5%
Avg Days on Market 47 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 56.5% leased below asking. Avg 47 days on market.
💰 Lease Price Summary
Average Lease $2,434/mo
Median Lease $2,398/mo
Avg Asking Rent $2,571/mo
Lowest Lease $2,050
Highest Lease $3,000
Lease / Ask Ratio 94.7%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 25.0%
Leased under asking 75.0%
Avg Days on Market 42 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 75% leased below asking. Avg 42 days on market.
💰 Lease Price Summary
Average Lease $3,350/mo
Median Lease $2,300/mo
Avg Asking Rent $3,329/mo
Lowest Lease $2,000
Highest Lease $5,400
Lease / Ask Ratio 100.6%
📊 Market Activity
Leased over asking 20.0%
Leased at asking 80.0%
Leased under asking 0.0%
Avg Days on Market 51 days
Fast · 050Slow · 100+
⚖️ Balanced — 20% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $4,500/mo
Median Lease $4,500/mo
Avg Asking Rent $4,950/mo
Lowest Lease $4,500
Highest Lease $4,500
Lease / Ask Ratio 90.9%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 0.0%
Leased under asking 100.0%
Avg Days on Market 58 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 100% leased below asking. Avg 58 days on market.
💰 Lease Price Summary
Average Lease $2,300/mo
Median Lease $2,300/mo
Avg Asking Rent $2,300/mo
Lowest Lease $2,300
Highest Lease $2,300
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 109 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Nearby Cities · August 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Vaughan | $2,631 | $2,400 | 99.3% | 42d | ⚖️ Balanced |
| Aurora | $3,066 | $3,100 | 100.4% | 43d | ⚖️ Balanced |
| Newmarket | $2,677 | $2,600 | 100.5% | 38d | ⚖️ Balanced |
| Caledon | $3,273 | $3,200 | 101.1% | 41d | ⚖️ Balanced |
| Adjala Tosorontio | $3,567 | $3,800 | 99.1% | 80d | ⚖️ Balanced |
Frequently Asked Questions
King · August 2025
The average confirmed lease in King was $2,717/month in August 2025,
based on 23 MLS® transactions. The median was
$2,395/month.
Condos averaged $2,434/mo, freehold averaged $3,350/mo, and townhouses averaged $4,500/mo.
Units in King took an average of 47 days to lease in August 2025.
Freehold rentals averaged 51 days while condos averaged 42 days.
In August 2025, condos averaged $2,434/month while freehold rentals averaged $3,350/month —
a difference of $916/month.
King averaged $2,717/month in August 2025. Aurora averaged $3,066/mo. Newmarket averaged $2,677/mo. See the full August 2025 Ontario lease summary →
Looking to rent in King?
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 King, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
