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March 2026 · Kitchener
Average Rent in Kitchener — March 2026
111 confirmed residential leases in Kitchener in March 2026. Average rent $2,167/month. Mixed conditions across property types.
Avg Lease Price $2,167/mo
Median Lease $2,100/mo
Avg Asking $2,210/mo
Lease / Ask 98.0%
Leased Over Asking 9%
Avg DOM 54 days
Total Leased
111
all residential
Avg Lease Price
$2,167
per month
Median Lease
$2,100
mid-point
Lease / Ask
98.0%
avg ratio
Over Asking
9%
of all leases
Avg DOM
54
days on market
Lease Prices by Property Type
Kitchener · March 2026
💰 Lease Price Summary
Average Lease $2,167/mo
Median Lease $2,100/mo
Avg Asking Rent $2,210/mo
Lowest Lease $1,400
Highest Lease $3,500
Lease / Ask Ratio 98.0%
📊 Market Activity
Leased over asking 9.0%
Leased at asking 45.0%
Leased under asking 45.9%
Avg Days on Market 54 days
Fast · 050Slow · 100+
⚖️ Balanced — 9% over vs 45.9% under asking.
💰 Lease Price Summary
Average Lease $1,932/mo
Median Lease $1,890/mo
Avg Asking Rent $1,986/mo
Lowest Lease $1,400
Highest Lease $2,800
Lease / Ask Ratio 97.3%
📊 Market Activity
Leased over asking 9.4%
Leased at asking 35.9%
Leased under asking 54.7%
Avg Days on Market 50 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 54.7% leased below asking. Avg 50 days on market.
💰 Lease Price Summary
Average Lease $2,565/mo
Median Lease $2,638/mo
Avg Asking Rent $2,600/mo
Lowest Lease $1,545
Highest Lease $3,500
Lease / Ask Ratio 98.7%
📊 Market Activity
Leased over asking 10.7%
Leased at asking 53.6%
Leased under asking 35.7%
Avg Days on Market 57 days
Fast · 050Slow · 100+
⚖️ Balanced — 10.7% over vs 35.7% under asking.
💰 Lease Price Summary
Average Lease $2,429/mo
Median Lease $2,550/mo
Avg Asking Rent $2,473/mo
Lowest Lease $1,650
Highest Lease $3,265
Lease / Ask Ratio 98.2%
📊 Market Activity
Leased over asking 16.0%
Leased at asking 40.0%
Leased under asking 44.0%
Avg Days on Market 55 days
Fast · 050Slow · 100+
⚖️ Balanced — 16% over vs 44% under asking.
💰 Lease Price Summary
Average Lease $1,740/mo
Median Lease $1,700/mo
Avg Asking Rent $1,756/mo
Lowest Lease $1,490
Highest Lease $2,100
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 83.3%
Leased under asking 16.7%
Avg Days on Market 51 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 16.7% under asking.
Nearby Cities · March 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Waterloo | $2,216 | $2,075 | 99.0% | 53d | ⚖️ Balanced |
| Cambridge | $2,471 | $2,575 | 98.7% | 65d | ⚖️ Balanced |
| Guelph | $2,413 | $2,350 | 99.0% | 66d | ⚖️ Balanced |
| Woolwich | $2,500 | $2,500 | 98.0% | 69d | 🧊 Renter-Friendly |
| Wilmot | $2,895 | $2,895 | 100.0% | 5d | ⚖️ Balanced |
Frequently Asked Questions
Kitchener · March 2026
The average confirmed lease in Kitchener was $2,167/month in March 2026,
based on 111 MLS® transactions. The median was
$2,100/month.
Condos averaged $1,932/mo, freehold averaged $2,565/mo, and townhouses averaged $2,429/mo.
Units in Kitchener took an average of 54 days to lease in March 2026.
Freehold rentals averaged 57 days while condos averaged 50 days.
In March 2026, condos averaged $1,932/month while freehold rentals averaged $2,565/month —
a difference of $633/month.
Kitchener averaged $2,167/month in March 2026. Waterloo averaged $2,216/mo. See the full March 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.
