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January 2026 · London East
Average Rent in London East — January 2026
40 confirmed residential leases in London East in January 2026. Average rent $1,937/month. Mixed conditions across property types.
Avg Lease Price $1,937/mo
Median Lease $1,948/mo
Avg Asking $1,954/mo
Lease / Ask 99.2%
Leased Over Asking 17.5%
Avg DOM 62 days
Total Leased
40
all residential
Avg Lease Price
$1,937
per month
Median Lease
$1,948
mid-point
Lease / Ask
99.2%
avg ratio
Over Asking
17.5%
of all leases
Avg DOM
62
days on market
Lease Prices by Property Type
London East · January 2026
💰 Lease Price Summary
Average Lease $1,937/mo
Median Lease $1,948/mo
Avg Asking Rent $1,954/mo
Lowest Lease $800
Highest Lease $3,300
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 17.5%
Leased at asking 62.5%
Leased under asking 20.0%
Avg Days on Market 62 days
Fast · 050Slow · 100+
⚖️ Balanced — 17.5% over vs 20% under asking.
💰 Lease Price Summary
Average Lease $2,081/mo
Median Lease $1,995/mo
Avg Asking Rent $2,088/mo
Lowest Lease $1,250
Highest Lease $2,900
Lease / Ask Ratio 99.6%
📊 Market Activity
Leased over asking 11.1%
Leased at asking 77.8%
Leased under asking 11.1%
Avg Days on Market 73 days
Fast · 050Slow · 100+
⚖️ Balanced — 11.1% over vs 11.1% under asking.
💰 Lease Price Summary
Average Lease $2,151/mo
Median Lease $2,325/mo
Avg Asking Rent $2,181/mo
Lowest Lease $800
Highest Lease $3,300
Lease / Ask Ratio 98.6%
📊 Market Activity
Leased over asking 22.2%
Leased at asking 50.0%
Leased under asking 27.8%
Avg Days on Market 56 days
Fast · 050Slow · 100+
⚖️ Balanced — 22.2% over vs 27.8% under asking.
💰 Lease Price Summary
Average Lease $2,327/mo
Median Lease $2,280/mo
Avg Asking Rent $2,317/mo
Lowest Lease $2,200
Highest Lease $2,500
Lease / Ask Ratio 100.4%
📊 Market Activity
Leased over asking 33.3%
Leased at asking 66.7%
Leased under asking 0.0%
Avg Days on Market 70 days
Fast · 050Slow · 100+
⚖️ Balanced — 33.3% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $1,542/mo
Median Lease $1,450/mo
Avg Asking Rent $1,546/mo
Lowest Lease $1,145
Highest Lease $2,300
Lease / Ask Ratio 99.8%
📊 Market Activity
Leased over asking 15.4%
Leased at asking 69.2%
Leased under asking 15.4%
Avg Days on Market 61 days
Fast · 050Slow · 100+
⚖️ Balanced — 15.4% over vs 15.4% under asking.
Popular Ontario Cities · January 2026
Top Ontario cities by lease volume — avg confirmed rent across all residential types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Toronto | $2,712 | $2,485 | 99.0% | 49d | ⚖️ Balanced |
| Mississauga | $2,560 | $2,450 | 98.5% | 47d | ⚖️ Balanced |
| Ottawa | $2,565 | $2,500 | 99.4% | 58d | ⚖️ Balanced |
| Vaughan | $2,597 | $2,350 | 99.0% | 45d | ⚖️ Balanced |
| Oakville | $3,122 | $2,800 | 98.6% | 52d | ⚖️ Balanced |
| Markham | $2,882 | $2,750 | 98.5% | 50d | ⚖️ Balanced |
| Brampton | $2,552 | $2,600 | 97.8% | 49d | ⚖️ Balanced |
| Richmond Hill | $2,932 | $2,860 | 98.5% | 53d | 🧊 Renter-Friendly |
Frequently Asked Questions
London East · January 2026
The average confirmed lease in London East was $1,937/month in January 2026,
based on 40 MLS® transactions. The median was
$1,948/month.
Condos averaged $2,081/mo, freehold averaged $2,151/mo, and townhouses averaged $2,327/mo.
Units in London East took an average of 62 days to lease in January 2026.
Freehold rentals averaged 56 days while condos averaged 73 days.
In January 2026, condos averaged $2,081/month while freehold rentals averaged $2,151/month —
a difference of $70/month.
London East averaged $1,937/month in January 2026. Brampton averaged $2,552/mo. See the full January 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.
