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April 2026 · London East
Average Rent in London East — April 2026
34 confirmed residential leases in London East in April 2026. Average rent $2,056/month. Mixed conditions across property types.
Avg Lease Price $2,056/mo
Median Lease $2,050/mo
Avg Asking $2,037/mo
Lease / Ask 101.0%
Leased Over Asking 20.6%
Avg DOM 64 days
Previous Months
Total Leased
34
all residential
Avg Lease Price
$2,056
per month
Median Lease
$2,050
mid-point
Lease / Ask
101.0%
avg ratio
Over Asking
20.6%
of all leases
Avg DOM
64
days on market
Lease Prices by Property Type
London East · April 2026
💰 Lease Price Summary
Average Lease $2,056/mo
Median Lease $2,050/mo
Avg Asking Rent $2,037/mo
Lowest Lease $1,095
Highest Lease $3,500
Lease / Ask Ratio 101.0%
📊 Market Activity
Leased over asking 20.6%
Leased at asking 70.6%
Leased under asking 8.8%
Avg Days on Market 64 days
Fast · 050Slow · 100+
⚖️ Balanced — 20.6% over vs 8.8% under asking.
💰 Lease Price Summary
Average Lease $1,979/mo
Median Lease $2,000/mo
Avg Asking Rent $1,975/mo
Lowest Lease $1,200
Highest Lease $2,500
Lease / Ask Ratio 100.2%
📊 Market Activity
Leased over asking 18.2%
Leased at asking 72.7%
Leased under asking 9.1%
Avg Days on Market 56 days
Fast · 050Slow · 100+
⚖️ Balanced — 18.2% over vs 9.1% under asking.
💰 Lease Price Summary
Average Lease $2,214/mo
Median Lease $2,100/mo
Avg Asking Rent $2,177/mo
Lowest Lease $1,400
Highest Lease $3,500
Lease / Ask Ratio 101.7%
📊 Market Activity
Leased over asking 18.8%
Leased at asking 75.0%
Leased under asking 6.3%
Avg Days on Market 70 days
Fast · 050Slow · 100+
⚖️ Balanced — 18.8% over vs 6.3% under asking.
💰 Lease Price Summary
Average Lease $2,327/mo
Median Lease $2,448/mo
Avg Asking Rent $2,293/mo
Lowest Lease $1,938
Highest Lease $2,500
Lease / Ask Ratio 101.5%
📊 Market Activity
Leased over asking 57.1%
Leased at asking 42.9%
Leased under asking 0.0%
Avg Days on Market 74 days
Fast · 050Slow · 100+
🔥 High demand — 57.1% leased above asking at a 101.47% lease-to-ask ratio.
💰 Lease Price Summary
Average Lease $1,510/mo
Median Lease $1,323/mo
Avg Asking Rent $1,522/mo
Lowest Lease $1,095
Highest Lease $2,300
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 75.0%
Leased under asking 25.0%
Avg Days on Market 43 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 25% under asking.
Popular Ontario Cities · April 2026
Top Ontario cities by lease volume — avg confirmed rent across all residential types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Toronto | $2,646 | $2,450 | 99.1% | 49d | ⚖️ Balanced |
| Mississauga | $2,566 | $2,500 | 98.9% | 45d | ⚖️ Balanced |
| Brampton | $2,483 | $2,550 | 97.7% | 50d | 🧊 Renter-Friendly |
| Vaughan | $2,569 | $2,400 | 99.0% | 48d | ⚖️ Balanced |
| Ottawa | $2,619 | $2,550 | 99.7% | 65d | ⚖️ Balanced |
| Markham | $2,763 | $2,600 | 98.4% | 45d | ⚖️ Balanced |
| Oakville | $2,971 | $2,625 | 98.5% | 51d | ⚖️ Balanced |
| Hamilton | $2,316 | $2,200 | 99.3% | 59d | ⚖️ Balanced |
Frequently Asked Questions
London East · April 2026
The average confirmed lease in London East was $2,056/month in April 2026,
based on 34 MLS® transactions. The median was
$2,050/month.
Condos averaged $1,979/mo, freehold averaged $2,214/mo, and townhouses averaged $2,327/mo.
Units in London East took an average of 64 days to lease in April 2026.
Freehold rentals averaged 70 days while condos averaged 56 days.
In April 2026, condos averaged $1,979/month while freehold rentals averaged $2,214/month —
a difference of $235/month.
London East averaged $2,056/month in April 2026. Hamilton averaged $2,316/mo. See the full April 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.
