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June 2026 · Kitchener
Average Rent in Kitchener — June 2026
166 confirmed residential leases in Kitchener in June 2026. Average rent $2,181/month. Mixed conditions across property types.
Avg Lease Price $2,181/mo
Median Lease $2,000/mo
Avg Asking $2,189/mo
Lease / Ask 99.6%
Leased Over Asking 10.8%
Avg DOM 27 days
Previous Months
Total Leased
166
all residential
Avg Lease Price
$2,181
per month
Median Lease
$2,000
mid-point
Lease / Ask
99.6%
avg ratio
Over Asking
10.8%
of all leases
Avg DOM
27
days on market
Lease Prices by Property Type
Kitchener · June 2026
💰 Lease Price Summary
Average Lease $2,181/mo
Median Lease $2,000/mo
Avg Asking Rent $2,189/mo
Lowest Lease $1,200
Highest Lease $6,500
Lease / Ask Ratio 99.6%
📊 Market Activity
Leased over asking 10.8%
Leased at asking 60.2%
Leased under asking 28.9%
Avg Days on Market 27 days
Fast · 050Slow · 100+
⚖️ Balanced — 10.8% over vs 28.9% under asking.
💰 Lease Price Summary
Average Lease $1,937/mo
Median Lease $1,850/mo
Avg Asking Rent $1,949/mo
Lowest Lease $1,450
Highest Lease $2,800
Lease / Ask Ratio 99.4%
📊 Market Activity
Leased over asking 9.2%
Leased at asking 59.6%
Leased under asking 31.2%
Avg Days on Market 28 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.2% over vs 31.2% under asking.
💰 Lease Price Summary
Average Lease $2,766/mo
Median Lease $2,875/mo
Avg Asking Rent $2,763/mo
Lowest Lease $1,200
Highest Lease $6,500
Lease / Ask Ratio 100.1%
📊 Market Activity
Leased over asking 18.4%
Leased at asking 52.6%
Leased under asking 28.9%
Avg Days on Market 27 days
Fast · 050Slow · 100+
⚖️ Balanced — 18.4% over vs 28.9% under asking.
💰 Lease Price Summary
Average Lease $2,301/mo
Median Lease $2,300/mo
Avg Asking Rent $2,308/mo
Lowest Lease $1,450
Highest Lease $2,900
Lease / Ask Ratio 99.7%
📊 Market Activity
Leased over asking 13.2%
Leased at asking 63.2%
Leased under asking 23.7%
Avg Days on Market 23 days
Fast · 050Slow · 100+
⚖️ Balanced — 13.2% over vs 23.7% under asking.
💰 Lease Price Summary
Average Lease $1,948/mo
Median Lease $1,970/mo
Avg Asking Rent $1,955/mo
Lowest Lease $1,600
Highest Lease $2,250
Lease / Ask Ratio 99.6%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 85.7%
Leased under asking 14.3%
Avg Days on Market 25 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 14.3% under asking.
Nearby Cities · June 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Waterloo | $2,291 | $2,175 | 99.6% | 32d | ⚖️ Balanced |
| Cambridge | $2,655 | $2,550 | 99.1% | 31d | ⚖️ Balanced |
| Guelph | $2,417 | $2,350 | 99.4% | 31d | ⚖️ Balanced |
| Woolwich | $3,400 | $3,300 | 98.6% | 16d | ⚖️ Balanced |
| Wilmot | $2,700 | $2,700 | 71.1% | 109d | 🧊 Renter-Friendly |
Frequently Asked Questions
Kitchener · June 2026
The average confirmed lease in Kitchener was $2,181/month in June 2026,
based on 166 MLS® transactions. The median was
$2,000/month.
Condos averaged $1,937/mo, freehold averaged $2,766/mo, and townhouses averaged $2,301/mo.
Units in Kitchener took an average of 27 days to lease in June 2026.
Freehold rentals averaged 27 days while condos averaged 28 days.
In June 2026, condos averaged $1,937/month while freehold rentals averaged $2,766/month —
a difference of $829/month.
Kitchener averaged $2,181/month in June 2026. Waterloo averaged $2,291/mo. See the full June 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.
