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February 2026 · London East
Average Rent in London East — February 2026
19 confirmed residential leases in London East in February 2026. Average rent $2,077/month. Mixed conditions across property types.
Avg Lease Price $2,077/mo
Median Lease $2,100/mo
Avg Asking $2,088/mo
Lease / Ask 99.5%
Leased Over Asking 5.3%
Avg DOM 51 days
Total Leased
19
all residential
Avg Lease Price
$2,077
per month
Median Lease
$2,100
mid-point
Lease / Ask
99.5%
avg ratio
Over Asking
5.3%
of all leases
Avg DOM
51
days on market
Lease Prices by Property Type
London East · February 2026
💰 Lease Price Summary
Average Lease $2,077/mo
Median Lease $2,100/mo
Avg Asking Rent $2,088/mo
Lowest Lease $1,195
Highest Lease $3,200
Lease / Ask Ratio 99.5%
📊 Market Activity
Leased over asking 5.3%
Leased at asking 84.2%
Leased under asking 10.5%
Avg Days on Market 51 days
Fast · 050Slow · 100+
⚖️ Balanced — 5.3% over vs 10.5% under asking.
💰 Lease Price Summary
Average Lease $2,073/mo
Median Lease $2,175/mo
Avg Asking Rent $2,082/mo
Lowest Lease $1,450
Highest Lease $2,650
Lease / Ask Ratio 99.5%
📊 Market Activity
Leased over asking 10.0%
Leased at asking 80.0%
Leased under asking 10.0%
Avg Days on Market 55 days
Fast · 050Slow · 100+
⚖️ Balanced — 10% over vs 10% under asking.
💰 Lease Price Summary
Average Lease $2,300/mo
Median Lease $2,100/mo
Avg Asking Rent $2,320/mo
Lowest Lease $1,600
Highest Lease $3,200
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 80.0%
Leased under asking 20.0%
Avg Days on Market 37 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 20% under asking.
💰 Lease Price Summary
Average Lease $2,400/mo
Median Lease $2,350/mo
Avg Asking Rent $2,450/mo
Lowest Lease $2,250
Highest Lease $2,650
Lease / Ask Ratio 98.0%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 75.0%
Leased under asking 25.0%
Avg Days on Market 21 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 25% under asking.
💰 Lease Price Summary
Average Lease $1,810/mo
Median Lease $1,923/mo
Avg Asking Rent $1,810/mo
Lowest Lease $1,195
Highest Lease $2,200
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 60 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Popular Ontario Cities · February 2026
Top Ontario cities by lease volume — avg confirmed rent across all residential types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Toronto | $2,679 | $2,493 | 99.0% | 49d | ⚖️ Balanced |
| Mississauga | $2,546 | $2,450 | 99.0% | 46d | ⚖️ Balanced |
| Vaughan | $2,626 | $2,400 | 99.1% | 47d | ⚖️ Balanced |
| Ottawa | $2,590 | $2,500 | 99.7% | 60d | ⚖️ Balanced |
| Markham | $2,884 | $2,750 | 98.3% | 47d | 🧊 Renter-Friendly |
| Oakville | $3,006 | $2,675 | 98.8% | 53d | ⚖️ Balanced |
| Brampton | $2,404 | $2,500 | 98.0% | 48d | ⚖️ Balanced |
| Hamilton | $2,425 | $2,500 | 98.9% | 59d | ⚖️ Balanced |
Frequently Asked Questions
London East · February 2026
The average confirmed lease in London East was $2,077/month in February 2026,
based on 19 MLS® transactions. The median was
$2,100/month.
Condos averaged $2,073/mo, freehold averaged $2,300/mo, and townhouses averaged $2,400/mo.
Units in London East took an average of 51 days to lease in February 2026.
Freehold rentals averaged 37 days while condos averaged 55 days.
In February 2026, condos averaged $2,073/month while freehold rentals averaged $2,300/month —
a difference of $227/month.
London East averaged $2,077/month in February 2026. Brampton averaged $2,404/mo. See the full February 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.
