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March 2026 · London East
Average Rent in London East — March 2026
36 confirmed residential leases in London East in March 2026. Average rent $1,833/month. Mixed conditions across property types.
Avg Lease Price $1,833/mo
Median Lease $1,745/mo
Avg Asking $1,837/mo
Lease / Ask 99.8%
Leased Over Asking 13.9%
Avg DOM 60 days
Total Leased
36
all residential
Avg Lease Price
$1,833
per month
Median Lease
$1,745
mid-point
Lease / Ask
99.8%
avg ratio
Over Asking
13.9%
of all leases
Avg DOM
60
days on market
Lease Prices by Property Type
London East · March 2026
💰 Lease Price Summary
Average Lease $1,833/mo
Median Lease $1,745/mo
Avg Asking Rent $1,837/mo
Lowest Lease $1,195
Highest Lease $2,700
Lease / Ask Ratio 99.8%
📊 Market Activity
Leased over asking 13.9%
Leased at asking 63.9%
Leased under asking 22.2%
Avg Days on Market 60 days
Fast · 050Slow · 100+
⚖️ Balanced — 13.9% over vs 22.2% under asking.
💰 Lease Price Summary
Average Lease $1,964/mo
Median Lease $1,922/mo
Avg Asking Rent $1,981/mo
Lowest Lease $1,250
Highest Lease $2,600
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 12.5%
Leased at asking 43.8%
Leased under asking 43.8%
Avg Days on Market 70 days
Fast · 050Slow · 100+
⚖️ Balanced — 12.5% over vs 43.8% under asking.
💰 Lease Price Summary
Average Lease $2,101/mo
Median Lease $1,995/mo
Avg Asking Rent $2,098/mo
Lowest Lease $1,525
Highest Lease $2,700
Lease / Ask Ratio 100.2%
📊 Market Activity
Leased over asking 12.5%
Leased at asking 87.5%
Leased under asking 0.0%
Avg Days on Market 50 days
Fast · 050Slow · 100+
⚖️ Balanced — 12.5% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $2,360/mo
Median Lease $2,380/mo
Avg Asking Rent $2,400/mo
Lowest Lease $2,000
Highest Lease $2,600
Lease / Ask Ratio 98.3%
📊 Market Activity
Leased over asking 16.7%
Leased at asking 33.3%
Leased under asking 50.0%
Avg Days on Market 78 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 50% leased below asking. Avg 78 days on market.
💰 Lease Price Summary
Average Lease $1,479/mo
Median Lease $1,500/mo
Avg Asking Rent $1,470/mo
Lowest Lease $1,195
Highest Lease $1,895
Lease / Ask Ratio 100.6%
📊 Market Activity
Leased over asking 16.7%
Leased at asking 75.0%
Leased under asking 8.3%
Avg Days on Market 55 days
Fast · 050Slow · 100+
⚖️ Balanced — 16.7% over vs 8.3% under asking.
Popular Ontario Cities · March 2026
Top Ontario cities by lease volume — avg confirmed rent across all residential types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Toronto | $2,724 | $2,450 | 98.9% | 49d | ⚖️ Balanced |
| Mississauga | $2,590 | $2,450 | 98.7% | 48d | ⚖️ Balanced |
| Vaughan | $2,604 | $2,378 | 98.8% | 47d | ⚖️ Balanced |
| Ottawa | $2,551 | $2,500 | 99.7% | 63d | ⚖️ Balanced |
| Brampton | $2,442 | $2,500 | 98.1% | 49d | ⚖️ Balanced |
| Markham | $2,682 | $2,550 | 98.4% | 48d | ⚖️ Balanced |
| Oakville | $3,003 | $2,750 | 98.6% | 50d | ⚖️ Balanced |
| Hamilton | $2,301 | $2,200 | 99.0% | 59d | ⚖️ Balanced |
Frequently Asked Questions
London East · March 2026
The average confirmed lease in London East was $1,833/month in March 2026,
based on 36 MLS® transactions. The median was
$1,745/month.
Condos averaged $1,964/mo, freehold averaged $2,101/mo, and townhouses averaged $2,360/mo.
Units in London East took an average of 60 days to lease in March 2026.
Freehold rentals averaged 50 days while condos averaged 70 days.
In March 2026, condos averaged $1,964/month while freehold rentals averaged $2,101/month —
a difference of $137/month.
London East averaged $1,833/month in March 2026. Hamilton averaged $2,301/mo. See the full March 2026 Ontario lease summary →
Looking to rent in London East?
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 London East, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
