Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Call Now: 416-939-2500 Email: vikas@vikaspalan.com
April 2026 · Kitchener
Average Rent in Kitchener — April 2026
131 confirmed residential leases in Kitchener in April 2026. Average rent $2,176/month. Mixed conditions across property types.
Avg Lease Price $2,176/mo
Median Lease $2,000/mo
Avg Asking $2,201/mo
Lease / Ask 98.9%
Leased Over Asking 7.6%
Avg DOM 59 days
Previous Months
Total Leased
131
all residential
Avg Lease Price
$2,176
per month
Median Lease
$2,000
mid-point
Lease / Ask
98.9%
avg ratio
Over Asking
7.6%
of all leases
Avg DOM
59
days on market
Lease Prices by Property Type
Kitchener · April 2026
💰 Lease Price Summary
Average Lease $2,176/mo
Median Lease $2,000/mo
Avg Asking Rent $2,201/mo
Lowest Lease $945
Highest Lease $3,750
Lease / Ask Ratio 98.9%
📊 Market Activity
Leased over asking 7.6%
Leased at asking 56.5%
Leased under asking 35.9%
Avg Days on Market 59 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.6% over vs 35.9% under asking.
💰 Lease Price Summary
Average Lease $1,883/mo
Median Lease $1,800/mo
Avg Asking Rent $1,913/mo
Lowest Lease $1,450
Highest Lease $2,800
Lease / Ask Ratio 98.4%
📊 Market Activity
Leased over asking 7.2%
Leased at asking 50.7%
Leased under asking 42.0%
Avg Days on Market 64 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.2% over vs 42% under asking.
💰 Lease Price Summary
Average Lease $2,644/mo
Median Lease $2,699/mo
Avg Asking Rent $2,662/mo
Lowest Lease $1,400
Highest Lease $3,750
Lease / Ask Ratio 99.3%
📊 Market Activity
Leased over asking 10.8%
Leased at asking 56.8%
Leased under asking 32.4%
Avg Days on Market 55 days
Fast · 050Slow · 100+
⚖️ Balanced — 10.8% over vs 32.4% under asking.
💰 Lease Price Summary
Average Lease $2,493/mo
Median Lease $2,600/mo
Avg Asking Rent $2,514/mo
Lowest Lease $1,700
Highest Lease $3,200
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 3.8%
Leased at asking 69.2%
Leased under asking 26.9%
Avg Days on Market 58 days
Fast · 050Slow · 100+
⚖️ Balanced — 3.8% over vs 26.9% under asking.
💰 Lease Price Summary
Average Lease $1,892/mo
Median Lease $1,750/mo
Avg Asking Rent $1,890/mo
Lowest Lease $945
Highest Lease $2,800
Lease / Ask Ratio 100.1%
📊 Market Activity
Leased over asking 7.7%
Leased at asking 84.6%
Leased under asking 7.7%
Avg Days on Market 49 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.7% over vs 7.7% under asking.
Nearby Cities · April 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Waterloo | $2,298 | $2,279 | 99.0% | 63d | ⚖️ Balanced |
| Cambridge | $2,442 | $2,575 | 98.9% | 55d | ⚖️ Balanced |
| Guelph | $2,478 | $2,500 | 99.3% | 59d | ⚖️ Balanced |
| Woolwich | $2,850 | $2,850 | 100.0% | 56d | ⚖️ Balanced |
| Wilmot | $2,100 | $2,100 | 100.0% | 16d | ⚖️ Balanced |
Frequently Asked Questions
Kitchener · April 2026
The average confirmed lease in Kitchener was $2,176/month in April 2026,
based on 131 MLS® transactions. The median was
$2,000/month.
Condos averaged $1,883/mo, freehold averaged $2,644/mo, and townhouses averaged $2,493/mo.
Units in Kitchener took an average of 59 days to lease in April 2026.
Freehold rentals averaged 55 days while condos averaged 64 days.
In April 2026, condos averaged $1,883/month while freehold rentals averaged $2,644/month —
a difference of $761/month.
Kitchener averaged $2,176/month in April 2026. Waterloo averaged $2,298/mo. Wilmot averaged $2,100/mo. See the full April 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.
