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May 2026 · King
Average Rent in King — May 2026
5 confirmed residential leases in King in May 2026. Average rent $3,455/month. Mixed conditions across property types.
Avg Lease Price $3,455/mo
Median Lease $3,150/mo
Avg Asking $3,450/mo
Lease / Ask 100.1%
Leased Over Asking 20%
Avg DOM 13 days
Previous Months
Total Leased
5
all residential
Avg Lease Price
$3,455
per month
Median Lease
$3,150
mid-point
Lease / Ask
100.1%
avg ratio
Over Asking
20%
of all leases
Avg DOM
13
days on market
Lease Prices by Property Type
King · May 2026
💰 Lease Price Summary
Average Lease $3,455/mo
Median Lease $3,150/mo
Avg Asking Rent $3,450/mo
Lowest Lease $2,275
Highest Lease $4,800
Lease / Ask Ratio 100.1%
📊 Market Activity
Leased over asking 20.0%
Leased at asking 80.0%
Leased under asking 0.0%
Avg Days on Market 13 days
Fast · 050Slow · 100+
⚖️ Balanced — 20% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $2,712/mo
Median Lease $2,713/mo
Avg Asking Rent $2,712/mo
Lowest Lease $2,275
Highest Lease $3,150
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 16 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $4,550/mo
Median Lease $4,550/mo
Avg Asking Rent $4,538/mo
Lowest Lease $4,300
Highest Lease $4,800
Lease / Ask Ratio 100.3%
📊 Market Activity
Leased over asking 50.0%
Leased at asking 50.0%
Leased under asking 0.0%
Avg Days on Market 3 days
Fast · 050Slow · 100+
🔥 High demand — 50% leased above asking at a 100.28% lease-to-ask ratio.
💰 Lease Price Summary
Average Lease $2,750/mo
Median Lease $2,750/mo
Avg Asking Rent $2,750/mo
Lowest Lease $2,750
Highest Lease $2,750
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 28 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
🏗
No multi-unit data for May 2026
Not enough multi-unit lease transactions in
King this month to generate a summary.
Nearby Cities · May 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Vaughan | $2,687 | $2,400 | 99.8% | 26d | ⚖️ Balanced |
| Aurora | $3,006 | $3,000 | 98.9% | 32d | ⚖️ Balanced |
| Newmarket | $2,598 | $2,450 | 99.3% | 28d | ⚖️ Balanced |
| Caledon | $2,992 | $3,000 | 99.5% | 21d | ⚖️ Balanced |
| Adjala Tosorontio | $2,800 | $2,800 | 100.0% | 15d | ⚖️ Balanced |
Frequently Asked Questions
King · May 2026
The average confirmed lease in King was $3,455/month in May 2026,
based on 5 MLS® transactions. The median was
$3,150/month.
Condos averaged $2,712/mo, freehold averaged $4,550/mo, and townhouses averaged $2,750/mo.
Units in King took an average of 13 days to lease in May 2026.
Freehold rentals averaged 3 days while condos averaged 16 days.
In May 2026, condos averaged $2,712/month while freehold rentals averaged $4,550/month —
a difference of $1,838/month.
King averaged $3,455/month in May 2026. Aurora averaged $3,006/mo. See the full May 2026 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.
