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February 2026 · Kitchener
Average Rent in Kitchener — February 2026
107 confirmed residential leases in Kitchener in February 2026. Average rent $2,226/month. Mixed conditions across property types.
Avg Lease Price $2,226/mo
Median Lease $2,050/mo
Avg Asking $2,248/mo
Lease / Ask 99.0%
Leased Over Asking 11.2%
Avg DOM 56 days
Total Leased
107
all residential
Avg Lease Price
$2,226
per month
Median Lease
$2,050
mid-point
Lease / Ask
99.0%
avg ratio
Over Asking
11.2%
of all leases
Avg DOM
56
days on market
Lease Prices by Property Type
Kitchener · February 2026
💰 Lease Price Summary
Average Lease $2,226/mo
Median Lease $2,050/mo
Avg Asking Rent $2,248/mo
Lowest Lease $1,350
Highest Lease $3,650
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 11.2%
Leased at asking 53.3%
Leased under asking 35.5%
Avg Days on Market 56 days
Fast · 050Slow · 100+
⚖️ Balanced — 11.2% over vs 35.5% under asking.
💰 Lease Price Summary
Average Lease $1,924/mo
Median Lease $1,800/mo
Avg Asking Rent $1,950/mo
Lowest Lease $1,500
Highest Lease $2,750
Lease / Ask Ratio 98.7%
📊 Market Activity
Leased over asking 8.8%
Leased at asking 49.1%
Leased under asking 42.1%
Avg Days on Market 60 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.8% over vs 42.1% under asking.
💰 Lease Price Summary
Average Lease $2,687/mo
Median Lease $2,850/mo
Avg Asking Rent $2,700/mo
Lowest Lease $1,350
Highest Lease $3,650
Lease / Ask Ratio 99.5%
📊 Market Activity
Leased over asking 20.0%
Leased at asking 54.3%
Leased under asking 25.7%
Avg Days on Market 53 days
Fast · 050Slow · 100+
⚖️ Balanced — 20% over vs 25.7% under asking.
💰 Lease Price Summary
Average Lease $2,361/mo
Median Lease $2,325/mo
Avg Asking Rent $2,391/mo
Lowest Lease $1,550
Highest Lease $2,900
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 4.5%
Leased at asking 54.5%
Leased under asking 40.9%
Avg Days on Market 61 days
Fast · 050Slow · 100+
⚖️ Balanced — 4.5% over vs 40.9% under asking.
💰 Lease Price Summary
Average Lease $1,710/mo
Median Lease $1,775/mo
Avg Asking Rent $1,718/mo
Lowest Lease $1,450
Highest Lease $1,880
Lease / Ask Ratio 99.5%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 83.3%
Leased under asking 16.7%
Avg Days on Market 42 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 16.7% under asking.
Nearby Cities · February 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Waterloo | $2,567 | $2,600 | 98.8% | 51d | ⚖️ Balanced |
| Cambridge | $2,451 | $2,500 | 98.7% | 54d | ⚖️ Balanced |
| Guelph | $2,425 | $2,300 | 99.9% | 58d | ⚖️ Balanced |
| Wilmot | $2,950 | $2,950 | 100.0% | 61d | ⚖️ Balanced |
Frequently Asked Questions
Kitchener · February 2026
The average confirmed lease in Kitchener was $2,226/month in February 2026,
based on 107 MLS® transactions. The median was
$2,050/month.
Condos averaged $1,924/mo, freehold averaged $2,687/mo, and townhouses averaged $2,361/mo.
Units in Kitchener took an average of 56 days to lease in February 2026.
Freehold rentals averaged 53 days while condos averaged 60 days.
In February 2026, condos averaged $1,924/month while freehold rentals averaged $2,687/month —
a difference of $763/month.
Kitchener averaged $2,226/month in February 2026. Guelph averaged $2,425/mo. See the full February 2026 Ontario lease summary →
Looking to rent in Kitchener?
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 Kitchener, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
