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July 2025 · London East
Average Rent in London East — July 2025
29 confirmed residential leases in London East in July 2025. Average rent $2,303/month. Mixed conditions across property types.
Avg Lease Price $2,303/mo
Median Lease $2,395/mo
Avg Asking $2,318/mo
Lease / Ask 99.3%
Leased Over Asking 13.8%
Avg DOM 57 days
Total Leased
29
all residential
Avg Lease Price
$2,303
per month
Median Lease
$2,395
mid-point
Lease / Ask
99.3%
avg ratio
Over Asking
13.8%
of all leases
Avg DOM
57
days on market
Lease Prices by Property Type
London East · July 2025
💰 Lease Price Summary
Average Lease $2,303/mo
Median Lease $2,395/mo
Avg Asking Rent $2,318/mo
Lowest Lease $1,445
Highest Lease $2,900
Lease / Ask Ratio 99.3%
📊 Market Activity
Leased over asking 13.8%
Leased at asking 72.4%
Leased under asking 13.8%
Avg Days on Market 57 days
Fast · 050Slow · 100+
⚖️ Balanced — 13.8% over vs 13.8% under asking.
💰 Lease Price Summary
Average Lease $2,314/mo
Median Lease $2,275/mo
Avg Asking Rent $2,314/mo
Lowest Lease $1,500
Highest Lease $2,900
Lease / Ask Ratio 100.0%
📊 Market Activity
Leased over asking 11.1%
Leased at asking 77.8%
Leased under asking 11.1%
Avg Days on Market 58 days
Fast · 050Slow · 100+
⚖️ Balanced — 11.1% over vs 11.1% under asking.
💰 Lease Price Summary
Average Lease $2,544/mo
Median Lease $2,600/mo
Avg Asking Rent $2,606/mo
Lowest Lease $2,000
Highest Lease $2,900
Lease / Ask Ratio 97.6%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 75.0%
Leased under asking 25.0%
Avg Days on Market 50 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 25% under asking.
💰 Lease Price Summary
Average Lease $2,419/mo
Median Lease $2,395/mo
Avg Asking Rent $2,439/mo
Lowest Lease $2,200
Highest Lease $2,700
Lease / Ask Ratio 99.2%
📊 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 $1,598/mo
Median Lease $1,650/mo
Avg Asking Rent $1,580/mo
Lowest Lease $1,445
Highest Lease $1,700
Lease / Ask Ratio 101.2%
📊 Market Activity
Leased over asking 66.7%
Leased at asking 33.3%
Leased under asking 0.0%
Avg Days on Market 74 days
Fast · 050Slow · 100+
🔥 High demand — 66.7% leased above asking at a 101.16% lease-to-ask ratio.
Popular Ontario Cities · July 2025
Top Ontario cities by lease volume — avg confirmed rent across all residential types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Toronto | $2,813 | $2,550 | 99.5% | 43d | ⚖️ Balanced |
| Mississauga | $2,781 | $2,600 | 99.1% | 42d | ⚖️ Balanced |
| Vaughan | $2,678 | $2,413 | 99.1% | 41d | ⚖️ Balanced |
| Ottawa | $2,800 | $2,700 | 100.5% | 52d | ⚖️ Balanced |
| Oakville | $3,244 | $2,850 | 99.2% | 44d | ⚖️ Balanced |
| Markham | $2,973 | $2,800 | 99.3% | 42d | ⚖️ Balanced |
| Brampton | $2,665 | $2,750 | 98.5% | 42d | ⚖️ Balanced |
| Richmond Hill | $3,120 | $3,000 | 99.7% | 47d | ⚖️ Balanced |
Frequently Asked Questions
London East · July 2025
The average confirmed lease in London East was $2,303/month in July 2025,
based on 29 MLS® transactions. The median was
$2,395/month.
Condos averaged $2,314/mo, freehold averaged $2,544/mo, and townhouses averaged $2,419/mo.
Units in London East took an average of 57 days to lease in July 2025.
Freehold rentals averaged 50 days while condos averaged 58 days.
In July 2025, condos averaged $2,314/month while freehold rentals averaged $2,544/month —
a difference of $230/month.
London East averaged $2,303/month in July 2025. Brampton averaged $2,665/mo. See the full July 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.
