Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Call Now: 416-939-2500 Email: vikas@vikaspalan.com
June 2025 · Kitchener
Average Rent in Kitchener — June 2025
117 confirmed residential leases in Kitchener in June 2025. Average rent $2,206/month. Mixed conditions across property types.
Avg Lease Price $2,206/mo
Median Lease $2,100/mo
Avg Asking $2,227/mo
Lease / Ask 99.1%
Leased Over Asking 10.3%
Avg DOM 51 days
Total Leased
117
all residential
Avg Lease Price
$2,206
per month
Median Lease
$2,100
mid-point
Lease / Ask
99.1%
avg ratio
Over Asking
10.3%
of all leases
Avg DOM
51
days on market
Lease Prices by Property Type
Kitchener · June 2025
💰 Lease Price Summary
Average Lease $2,206/mo
Median Lease $2,100/mo
Avg Asking Rent $2,227/mo
Lowest Lease $1,100
Highest Lease $3,700
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 10.3%
Leased at asking 59.0%
Leased under asking 30.8%
Avg Days on Market 51 days
Fast · 050Slow · 100+
⚖️ Balanced — 10.3% over vs 30.8% under asking.
💰 Lease Price Summary
Average Lease $2,058/mo
Median Lease $2,000/mo
Avg Asking Rent $2,083/mo
Lowest Lease $1,600
Highest Lease $3,100
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 7.5%
Leased at asking 59.7%
Leased under asking 32.8%
Avg Days on Market 56 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.5% over vs 32.8% under asking.
💰 Lease Price Summary
Average Lease $2,436/mo
Median Lease $2,225/mo
Avg Asking Rent $2,452/mo
Lowest Lease $1,499
Highest Lease $3,700
Lease / Ask Ratio 99.3%
📊 Market Activity
Leased over asking 11.8%
Leased at asking 61.8%
Leased under asking 26.5%
Avg Days on Market 42 days
Fast · 050Slow · 100+
⚖️ Balanced — 11.8% over vs 26.5% under asking.
💰 Lease Price Summary
Average Lease $2,475/mo
Median Lease $2,500/mo
Avg Asking Rent $2,480/mo
Lowest Lease $1,750
Highest Lease $3,200
Lease / Ask Ratio 99.8%
📊 Market Activity
Leased over asking 24.0%
Leased at asking 48.0%
Leased under asking 28.0%
Avg Days on Market 50 days
Fast · 050Slow · 100+
⚖️ Balanced — 24% over vs 28% under asking.
💰 Lease Price Summary
Average Lease $1,894/mo
Median Lease $1,975/mo
Avg Asking Rent $1,938/mo
Lowest Lease $1,100
Highest Lease $2,550
Lease / Ask Ratio 97.7%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 62.5%
Leased under asking 37.5%
Avg Days on Market 54 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 37.5% under asking.
Nearby Cities · June 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Waterloo | $2,420 | $2,175 | 100.2% | 58d | ⚖️ Balanced |
| Cambridge | $2,516 | $2,625 | 99.5% | 48d | ⚖️ Balanced |
| Guelph | $2,681 | $2,500 | 99.6% | 54d | ⚖️ Balanced |
| Woolwich | $3,025 | $3,025 | 99.2% | 62d | 🧊 Renter-Friendly |
Frequently Asked Questions
Kitchener · June 2025
The average confirmed lease in Kitchener was $2,206/month in June 2025,
based on 117 MLS® transactions. The median was
$2,100/month.
Condos averaged $2,058/mo, freehold averaged $2,436/mo, and townhouses averaged $2,475/mo.
Units in Kitchener took an average of 51 days to lease in June 2025.
Freehold rentals averaged 42 days while condos averaged 56 days.
In June 2025, condos averaged $2,058/month while freehold rentals averaged $2,436/month —
a difference of $378/month.
Kitchener averaged $2,206/month in June 2025. Waterloo averaged $2,420/mo. See the full June 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.
