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June 2025 · London East
Average Rent in London East — June 2025
30 confirmed residential leases in London East in June 2025. Average rent $2,216/month. Mixed conditions across property types.
Avg Lease Price $2,216/mo
Median Lease $2,175/mo
Avg Asking $2,225/mo
Lease / Ask 99.6%
Leased Over Asking 13.3%
Avg DOM 58 days
Total Leased
30
all residential
Avg Lease Price
$2,216
per month
Median Lease
$2,175
mid-point
Lease / Ask
99.6%
avg ratio
Over Asking
13.3%
of all leases
Avg DOM
58
days on market
Lease Prices by Property Type
London East · June 2025
💰 Lease Price Summary
Average Lease $2,216/mo
Median Lease $2,175/mo
Avg Asking Rent $2,225/mo
Lowest Lease $1,250
Highest Lease $3,400
Lease / Ask Ratio 99.6%
📊 Market Activity
Leased over asking 13.3%
Leased at asking 66.7%
Leased under asking 20.0%
Avg Days on Market 58 days
Fast · 050Slow · 100+
⚖️ Balanced — 13.3% over vs 20% under asking.
💰 Lease Price Summary
Average Lease $2,364/mo
Median Lease $2,450/mo
Avg Asking Rent $2,364/mo
Lowest Lease $1,850
Highest Lease $3,000
Lease / Ask Ratio 100.0%
📊 Market Activity
Leased over asking 9.1%
Leased at asking 72.7%
Leased under asking 18.2%
Avg Days on Market 57 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.1% over vs 18.2% under asking.
💰 Lease Price Summary
Average Lease $2,510/mo
Median Lease $2,500/mo
Avg Asking Rent $2,509/mo
Lowest Lease $1,815
Highest Lease $3,400
Lease / Ask Ratio 100.1%
📊 Market Activity
Leased over asking 27.3%
Leased at asking 54.5%
Leased under asking 18.2%
Avg Days on Market 67 days
Fast · 050Slow · 100+
⚖️ Balanced — 27.3% over vs 18.2% under asking.
💰 Lease Price Summary
Average Lease $2,449/mo
Median Lease $2,500/mo
Avg Asking Rent $2,441/mo
Lowest Lease $1,995
Highest Lease $2,650
Lease / Ask Ratio 100.3%
📊 Market Activity
Leased over asking 16.7%
Leased at asking 66.7%
Leased under asking 16.7%
Avg Days on Market 38 days
Fast · 050Slow · 100+
⚖️ Balanced — 16.7% over vs 16.7% under asking.
💰 Lease Price Summary
Average Lease $1,553/mo
Median Lease $1,499/mo
Avg Asking Rent $1,592/mo
Lowest Lease $1,250
Highest Lease $1,850
Lease / Ask Ratio 97.5%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 71.4%
Leased under asking 28.6%
Avg Days on Market 45 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 28.6% under asking.
Popular Ontario Cities · June 2025
Top Ontario cities by lease volume — avg confirmed rent across all residential types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Toronto | $2,784 | $2,500 | 99.4% | 44d | ⚖️ Balanced |
| Mississauga | $2,732 | $2,550 | 99.4% | 43d | ⚖️ Balanced |
| Vaughan | $2,611 | $2,400 | 99.2% | 43d | ⚖️ Balanced |
| Oakville | $3,145 | $2,800 | 99.1% | 46d | ⚖️ Balanced |
| Ottawa | $2,706 | $2,600 | 100.1% | 54d | ⚖️ Balanced |
| Markham | $2,991 | $2,900 | 98.9% | 44d | ⚖️ Balanced |
| Brampton | $2,605 | $2,700 | 98.8% | 43d | ⚖️ Balanced |
| Richmond Hill | $3,096 | $3,000 | 99.0% | 46d | ⚖️ Balanced |
Frequently Asked Questions
London East · June 2025
The average confirmed lease in London East was $2,216/month in June 2025,
based on 30 MLS® transactions. The median was
$2,175/month.
Condos averaged $2,364/mo, freehold averaged $2,510/mo, and townhouses averaged $2,449/mo.
Units in London East took an average of 58 days to lease in June 2025.
Freehold rentals averaged 67 days while condos averaged 57 days.
In June 2025, condos averaged $2,364/month while freehold rentals averaged $2,510/month —
a difference of $146/month.
London East averaged $2,216/month in June 2025. Brampton averaged $2,605/mo. See the full June 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.
