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July 2025 · Kitchener
Average Rent in Kitchener — July 2025
100 confirmed residential leases in Kitchener in July 2025. Average rent $2,360/month. Mixed conditions across property types.
Avg Lease Price $2,360/mo
Median Lease $2,250/mo
Avg Asking $2,376/mo
Lease / Ask 99.3%
Leased Over Asking 6%
Avg DOM 54 days
Total Leased
100
all residential
Avg Lease Price
$2,360
per month
Median Lease
$2,250
mid-point
Lease / Ask
99.3%
avg ratio
Over Asking
6%
of all leases
Avg DOM
54
days on market
Lease Prices by Property Type
Kitchener · July 2025
💰 Lease Price Summary
Average Lease $2,360/mo
Median Lease $2,250/mo
Avg Asking Rent $2,376/mo
Lowest Lease $1,500
Highest Lease $4,000
Lease / Ask Ratio 99.3%
📊 Market Activity
Leased over asking 6.0%
Leased at asking 67.0%
Leased under asking 27.0%
Avg Days on Market 54 days
Fast · 050Slow · 100+
⚖️ Balanced — 6% over vs 27% under asking.
💰 Lease Price Summary
Average Lease $2,116/mo
Median Lease $2,100/mo
Avg Asking Rent $2,138/mo
Lowest Lease $1,500
Highest Lease $2,700
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 4.9%
Leased at asking 62.3%
Leased under asking 32.8%
Avg Days on Market 56 days
Fast · 050Slow · 100+
⚖️ Balanced — 4.9% over vs 32.8% under asking.
💰 Lease Price Summary
Average Lease $2,848/mo
Median Lease $2,900/mo
Avg Asking Rent $2,855/mo
Lowest Lease $1,750
Highest Lease $4,000
Lease / Ask Ratio 99.8%
📊 Market Activity
Leased over asking 8.7%
Leased at asking 78.3%
Leased under asking 13.0%
Avg Days on Market 48 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.7% over vs 13% under asking.
💰 Lease Price Summary
Average Lease $2,449/mo
Median Lease $2,475/mo
Avg Asking Rent $2,462/mo
Lowest Lease $1,650
Highest Lease $3,200
Lease / Ask Ratio 99.5%
📊 Market Activity
Leased over asking 3.0%
Leased at asking 75.8%
Leased under asking 21.2%
Avg Days on Market 52 days
Fast · 050Slow · 100+
⚖️ Balanced — 3% over vs 21.2% under asking.
💰 Lease Price Summary
Average Lease $2,249/mo
Median Lease $2,045/mo
Avg Asking Rent $2,259/mo
Lowest Lease $1,500
Highest Lease $3,200
Lease / Ask Ratio 99.6%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 80.0%
Leased under asking 20.0%
Avg Days on Market 47 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 20% under asking.
Nearby Cities · July 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Waterloo | $2,489 | $2,300 | 99.6% | 56d | ⚖️ Balanced |
| Cambridge | $2,578 | $2,700 | 99.3% | 40d | ⚖️ Balanced |
| Guelph | $2,672 | $2,550 | 100.4% | 48d | ⚖️ Balanced |
Frequently Asked Questions
Kitchener · July 2025
The average confirmed lease in Kitchener was $2,360/month in July 2025,
based on 100 MLS® transactions. The median was
$2,250/month.
Condos averaged $2,116/mo, freehold averaged $2,848/mo, and townhouses averaged $2,449/mo.
Units in Kitchener took an average of 54 days to lease in July 2025.
Freehold rentals averaged 48 days while condos averaged 56 days.
In July 2025, condos averaged $2,116/month while freehold rentals averaged $2,848/month —
a difference of $732/month.
Kitchener averaged $2,360/month in July 2025. Waterloo averaged $2,489/mo. See the full July 2025 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.
