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August 2025 · London East
Average Rent in London East — August 2025
48 confirmed residential leases in London East in August 2025. Average rent $2,109/month. Mixed conditions across property types.
Avg Lease Price $2,109/mo
Median Lease $2,063/mo
Avg Asking $2,121/mo
Lease / Ask 99.4%
Leased Over Asking 6.3%
Avg DOM 61 days
Total Leased
48
all residential
Avg Lease Price
$2,109
per month
Median Lease
$2,063
mid-point
Lease / Ask
99.4%
avg ratio
Over Asking
6.3%
of all leases
Avg DOM
61
days on market
Lease Prices by Property Type
London East · August 2025
💰 Lease Price Summary
Average Lease $2,109/mo
Median Lease $2,063/mo
Avg Asking Rent $2,121/mo
Lowest Lease $1,400
Highest Lease $3,250
Lease / Ask Ratio 99.4%
📊 Market Activity
Leased over asking 6.3%
Leased at asking 81.3%
Leased under asking 12.5%
Avg Days on Market 61 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.3% over vs 12.5% under asking.
💰 Lease Price Summary
Average Lease $2,163/mo
Median Lease $2,150/mo
Avg Asking Rent $2,166/mo
Lowest Lease $1,450
Highest Lease $2,800
Lease / Ask Ratio 99.9%
📊 Market Activity
Leased over asking 6.9%
Leased at asking 82.8%
Leased under asking 10.3%
Avg Days on Market 69 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.9% over vs 10.3% under asking.
💰 Lease Price Summary
Average Lease $2,261/mo
Median Lease $2,350/mo
Avg Asking Rent $2,309/mo
Lowest Lease $1,450
Highest Lease $3,250
Lease / Ask Ratio 97.9%
📊 Market Activity
Leased over asking 9.1%
Leased at asking 63.6%
Leased under asking 27.3%
Avg Days on Market 41 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.1% over vs 27.3% under asking.
💰 Lease Price Summary
Average Lease $2,369/mo
Median Lease $2,300/mo
Avg Asking Rent $2,349/mo
Lowest Lease $2,200
Highest Lease $2,600
Lease / Ask Ratio 100.9%
📊 Market Activity
Leased over asking 20.0%
Leased at asking 80.0%
Leased under asking 0.0%
Avg Days on Market 48 days
Fast · 050Slow · 100+
⚖️ Balanced — 20% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $1,702/mo
Median Lease $1,675/mo
Avg Asking Rent $1,702/mo
Lowest Lease $1,400
Highest Lease $2,025
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 58 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Popular Ontario Cities · August 2025
Top Ontario cities by lease volume — avg confirmed rent across all residential types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Toronto | $2,833 | $2,590 | 99.6% | 43d | ⚖️ Balanced |
| Mississauga | $2,769 | $2,650 | 99.3% | 42d | ⚖️ Balanced |
| Vaughan | $2,631 | $2,400 | 99.3% | 42d | ⚖️ Balanced |
| Ottawa | $2,759 | $2,650 | 100.1% | 50d | ⚖️ Balanced |
| Oakville | $3,309 | $3,000 | 99.2% | 41d | ⚖️ Balanced |
| Markham | $2,937 | $2,850 | 99.2% | 41d | ⚖️ Balanced |
| Richmond Hill | $3,098 | $3,000 | 99.2% | 44d | ⚖️ Balanced |
| Hamilton | $2,326 | $2,160 | 99.5% | 50d | ⚖️ Balanced |
Frequently Asked Questions
London East · August 2025
The average confirmed lease in London East was $2,109/month in August 2025,
based on 48 MLS® transactions. The median was
$2,063/month.
Condos averaged $2,163/mo, freehold averaged $2,261/mo, and townhouses averaged $2,369/mo.
Units in London East took an average of 61 days to lease in August 2025.
Freehold rentals averaged 41 days while condos averaged 69 days.
In August 2025, condos averaged $2,163/month while freehold rentals averaged $2,261/month —
a difference of $98/month.
London East averaged $2,109/month in August 2025. Hamilton averaged $2,326/mo. See the full August 2025 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.
