Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Call Now: 416-939-2500 Email: vikas@vikaspalan.com
July 2026 · Kitchener
Average Rent in Kitchener — July 2026
168 confirmed residential leases in Kitchener in July 2026. Average rent $2,206/month. Mixed conditions across property types.
Avg Lease Price $2,206/mo
Median Lease $2,100/mo
Avg Asking $2,224/mo
Lease / Ask 99.2%
Leased Over Asking 7.7%
Avg DOM 28 days
Previous Months
Total Leased
168
all residential
Avg Lease Price
$2,206
per month
Median Lease
$2,100
mid-point
Lease / Ask
99.2%
avg ratio
Over Asking
7.7%
of all leases
Avg DOM
28
days on market
Lease Prices by Property Type
Kitchener · July 2026
💰 Lease Price Summary
Average Lease $2,206/mo
Median Lease $2,100/mo
Avg Asking Rent $2,224/mo
Lowest Lease $1,100
Highest Lease $3,800
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 7.7%
Leased at asking 67.9%
Leased under asking 24.4%
Avg Days on Market 28 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.7% over vs 24.4% under asking.
💰 Lease Price Summary
Average Lease $1,986/mo
Median Lease $1,900/mo
Avg Asking Rent $2,009/mo
Lowest Lease $1,450
Highest Lease $2,700
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 8.0%
Leased at asking 64.0%
Leased under asking 28.0%
Avg Days on Market 29 days
Fast · 050Slow · 100+
⚖️ Balanced — 8% over vs 28% under asking.
💰 Lease Price Summary
Average Lease $2,568/mo
Median Lease $2,675/mo
Avg Asking Rent $2,576/mo
Lowest Lease $1,400
Highest Lease $3,800
Lease / Ask Ratio 99.7%
📊 Market Activity
Leased over asking 7.7%
Leased at asking 73.1%
Leased under asking 19.2%
Avg Days on Market 28 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.7% over vs 19.2% under asking.
💰 Lease Price Summary
Average Lease $2,274/mo
Median Lease $2,350/mo
Avg Asking Rent $2,297/mo
Lowest Lease $1,100
Highest Lease $3,300
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 4.9%
Leased at asking 70.7%
Leased under asking 24.4%
Avg Days on Market 21 days
Fast · 050Slow · 100+
⚖️ Balanced — 4.9% over vs 24.4% under asking.
💰 Lease Price Summary
Average Lease $2,023/mo
Median Lease $1,970/mo
Avg Asking Rent $2,023/mo
Lowest Lease $1,100
Highest Lease $3,000
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 55 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Nearby Cities · July 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Waterloo | $2,205 | $2,130 | 99.2% | 43d | ⚖️ Balanced |
| Cambridge | $2,502 | $2,675 | 99.2% | 30d | ⚖️ Balanced |
| Guelph | $2,537 | $2,438 | 99.7% | 31d | ⚖️ Balanced |
| Woolwich | $2,775 | $2,775 | 98.2% | 20d | 🧊 Renter-Friendly |
Frequently Asked Questions
Kitchener · July 2026
The average confirmed lease in Kitchener was $2,206/month in July 2026,
based on 168 MLS® transactions. The median was
$2,100/month.
Condos averaged $1,986/mo, freehold averaged $2,568/mo, and townhouses averaged $2,274/mo.
Units in Kitchener took an average of 28 days to lease in July 2026.
Freehold rentals averaged 28 days while condos averaged 29 days.
In July 2026, condos averaged $1,986/month while freehold rentals averaged $2,568/month —
a difference of $582/month.
Kitchener averaged $2,206/month in July 2026. Cambridge averaged $2,502/mo. Waterloo averaged $2,205/mo. See the full July 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.
