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May 2025 · Lincoln
Average Rent in Lincoln — May 2025
10 confirmed residential leases in Lincoln in May 2025. Average rent $2,402/month. Mixed conditions across property types.
Avg Lease Price $2,402/mo
Median Lease $2,500/mo
Avg Asking $2,405/mo
Lease / Ask 99.9%
Leased Over Asking 10%
Avg DOM 40 days
Total Leased
10
all residential
Avg Lease Price
$2,402
per month
Median Lease
$2,500
mid-point
Lease / Ask
99.9%
avg ratio
Over Asking
10%
of all leases
Avg DOM
40
days on market
Lease Prices by Property Type
Lincoln · May 2025
💰 Lease Price Summary
Average Lease $2,402/mo
Median Lease $2,500/mo
Avg Asking Rent $2,405/mo
Lowest Lease $1,850
Highest Lease $2,900
Lease / Ask Ratio 99.9%
📊 Market Activity
Leased over asking 10.0%
Leased at asking 70.0%
Leased under asking 20.0%
Avg Days on Market 40 days
Fast · 050Slow · 100+
⚖️ Balanced — 10% over vs 20% under asking.
💰 Lease Price Summary
Average Lease $1,942/mo
Median Lease $1,900/mo
Avg Asking Rent $1,967/mo
Lowest Lease $1,875
Highest Lease $2,050
Lease / Ask Ratio 98.7%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 33.3%
Leased under asking 66.7%
Avg Days on Market 36 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 66.7% leased below asking. Avg 36 days on market.
💰 Lease Price Summary
Average Lease $2,275/mo
Median Lease $2,275/mo
Avg Asking Rent $2,275/mo
Lowest Lease $1,850
Highest Lease $2,700
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 39 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $2,730/mo
Median Lease $2,850/mo
Avg Asking Rent $2,720/mo
Lowest Lease $2,400
Highest Lease $2,900
Lease / Ask Ratio 100.4%
📊 Market Activity
Leased over asking 20.0%
Leased at asking 80.0%
Leased under asking 0.0%
Avg Days on Market 43 days
Fast · 050Slow · 100+
⚖️ Balanced — 20% over vs 0% under asking.
🏗
No multi-unit data for May 2025
Not enough multi-unit lease transactions in
Lincoln this month to generate a summary.
Nearby Cities · May 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| St Catharines | $2,203 | $2,150 | 101.1% | 54d | ⚖️ Balanced |
| Grimsby | $2,576 | $2,250 | 100.7% | 50d | ⚖️ Balanced |
| Niagara On The Lake | $3,650 | $3,750 | 99.1% | 51d | ⚖️ Balanced |
| Pelham | $2,871 | $2,550 | 99.0% | 53d | ⚖️ Balanced |
| Welland | $2,225 | $2,250 | 100.7% | 56d | ⚖️ Balanced |
Frequently Asked Questions
Lincoln · May 2025
The average confirmed lease in Lincoln was $2,402/month in May 2025,
based on 10 MLS® transactions. The median was
$2,500/month.
Condos averaged $1,942/mo, freehold averaged $2,275/mo, and townhouses averaged $2,730/mo.
Units in Lincoln took an average of 40 days to lease in May 2025.
Freehold rentals averaged 39 days while condos averaged 36 days.
In May 2025, condos averaged $1,942/month while freehold rentals averaged $2,275/month —
a difference of $333/month.
Lincoln averaged $2,402/month in May 2025. Grimsby averaged $2,576/mo. Welland averaged $2,225/mo. See the full May 2025 Ontario lease summary →
Looking to rent in Lincoln?
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 Lincoln, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
