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December 2025 · London East
Average Rent in London East — December 2025
28 confirmed residential leases in London East in December 2025. Average rent $1,993/month. Mixed conditions across property types.
Avg Lease Price $1,993/mo
Median Lease $1,975/mo
Avg Asking $1,996/mo
Lease / Ask 99.9%
Leased Over Asking 17.9%
Avg DOM 64 days
Total Leased
28
all residential
Avg Lease Price
$1,993
per month
Median Lease
$1,975
mid-point
Lease / Ask
99.9%
avg ratio
Over Asking
17.9%
of all leases
Avg DOM
64
days on market
Lease Prices by Property Type
London East · December 2025
💰 Lease Price Summary
Average Lease $1,993/mo
Median Lease $1,975/mo
Avg Asking Rent $1,996/mo
Lowest Lease $1,000
Highest Lease $3,300
Lease / Ask Ratio 99.9%
📊 Market Activity
Leased over asking 17.9%
Leased at asking 57.1%
Leased under asking 25.0%
Avg Days on Market 64 days
Fast · 050Slow · 100+
⚖️ Balanced — 17.9% over vs 25% under asking.
💰 Lease Price Summary
Average Lease $2,327/mo
Median Lease $2,235/mo
Avg Asking Rent $2,314/mo
Lowest Lease $1,667
Highest Lease $3,300
Lease / Ask Ratio 100.6%
📊 Market Activity
Leased over asking 20.0%
Leased at asking 60.0%
Leased under asking 20.0%
Avg Days on Market 42 days
Fast · 050Slow · 100+
⚖️ Balanced — 20% over vs 20% under asking.
💰 Lease Price Summary
Average Lease $2,072/mo
Median Lease $2,025/mo
Avg Asking Rent $2,092/mo
Lowest Lease $1,415
Highest Lease $2,800
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 16.7%
Leased at asking 41.7%
Leased under asking 41.7%
Avg Days on Market 46 days
Fast · 050Slow · 100+
⚖️ Balanced — 16.7% over vs 41.7% under asking.
💰 Lease Price Summary
Average Lease $2,223/mo
Median Lease $2,300/mo
Avg Asking Rent $2,133/mo
Lowest Lease $1,938
Highest Lease $2,430
Lease / Ask Ratio 104.2%
📊 Market Activity
Leased over asking 100.0%
Leased at asking 0.0%
Leased under asking 0.0%
Avg Days on Market 82 days
Fast · 050Slow · 100+
🔥 High demand — 100% leased above asking at a 104.19% lease-to-ask ratio.
💰 Lease Price Summary
Average Lease $1,186/mo
Median Lease $1,050/mo
Avg Asking Rent $1,186/mo
Lowest Lease $1,050
Highest Lease $1,595
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 144 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Popular Ontario Cities · December 2025
Top Ontario cities by lease volume — avg confirmed rent across all residential types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Toronto | $2,708 | $2,500 | 99.2% | 44d | ⚖️ Balanced |
| Mississauga | $2,641 | $2,500 | 99.1% | 41d | ⚖️ Balanced |
| Vaughan | $2,690 | $2,450 | 98.5% | 41d | ⚖️ Balanced |
| Ottawa | $2,628 | $2,550 | 99.8% | 52d | ⚖️ Balanced |
| Oakville | $3,047 | $2,800 | 98.5% | 46d | ⚖️ Balanced |
| Markham | $2,852 | $2,775 | 98.5% | 48d | ⚖️ Balanced |
| Brampton | $2,637 | $2,700 | 99.2% | 45d | ⚖️ Balanced |
| Richmond Hill | $3,001 | $2,950 | 99.0% | 44d | ⚖️ Balanced |
Frequently Asked Questions
London East · December 2025
The average confirmed lease in London East was $1,993/month in December 2025,
based on 28 MLS® transactions. The median was
$1,975/month.
Condos averaged $2,327/mo, freehold averaged $2,072/mo, and townhouses averaged $2,223/mo.
Units in London East took an average of 64 days to lease in December 2025.
Freehold rentals averaged 46 days while condos averaged 42 days.
In December 2025, condos averaged $2,327/month while freehold rentals averaged $2,072/month —
a difference of $255/month.
London East averaged $1,993/month in December 2025. Ottawa averaged $2,628/mo. See the full December 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.
