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October 2025 · London East
Average Rent in London East — October 2025
30 confirmed residential leases in London East in October 2025. Average rent $2,226/month. Mixed conditions across property types.
Avg Lease Price $2,226/mo
Median Lease $2,425/mo
Avg Asking $2,244/mo
Lease / Ask 99.2%
Leased Over Asking 10%
Avg DOM 50 days
Total Leased
30
all residential
Avg Lease Price
$2,226
per month
Median Lease
$2,425
mid-point
Lease / Ask
99.2%
avg ratio
Over Asking
10%
of all leases
Avg DOM
50
days on market
Lease Prices by Property Type
London East · October 2025
💰 Lease Price Summary
Average Lease $2,226/mo
Median Lease $2,425/mo
Avg Asking Rent $2,244/mo
Lowest Lease $1,250
Highest Lease $2,990
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 10.0%
Leased at asking 63.3%
Leased under asking 26.7%
Avg Days on Market 50 days
Fast · 050Slow · 100+
⚖️ Balanced — 10% over vs 26.7% under asking.
💰 Lease Price Summary
Average Lease $2,230/mo
Median Lease $2,250/mo
Avg Asking Rent $2,237/mo
Lowest Lease $1,250
Highest Lease $2,950
Lease / Ask Ratio 99.7%
📊 Market Activity
Leased over asking 9.1%
Leased at asking 72.7%
Leased under asking 18.2%
Avg Days on Market 62 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.1% over vs 18.2% under asking.
💰 Lease Price Summary
Average Lease $2,530/mo
Median Lease $2,500/mo
Avg Asking Rent $2,565/mo
Lowest Lease $1,700
Highest Lease $2,990
Lease / Ask Ratio 98.7%
📊 Market Activity
Leased over asking 7.7%
Leased at asking 53.8%
Leased under asking 38.5%
Avg Days on Market 35 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.7% over vs 38.5% under asking.
💰 Lease Price Summary
Average Lease $2,383/mo
Median Lease $2,500/mo
Avg Asking Rent $2,375/mo
Lowest Lease $1,800
Highest Lease $2,700
Lease / Ask Ratio 100.4%
📊 Market Activity
Leased over asking 16.7%
Leased at asking 83.3%
Leased under asking 0.0%
Avg Days on Market 63 days
Fast · 050Slow · 100+
⚖️ Balanced — 16.7% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $1,558/mo
Median Lease $1,550/mo
Avg Asking Rent $1,562/mo
Lowest Lease $1,250
Highest Lease $1,950
Lease / Ask Ratio 99.7%
📊 Market Activity
Leased over asking 16.7%
Leased at asking 66.7%
Leased under asking 16.7%
Avg Days on Market 61 days
Fast · 050Slow · 100+
⚖️ Balanced — 16.7% over vs 16.7% under asking.
Popular Ontario Cities · October 2025
Top Ontario cities by lease volume — avg confirmed rent across all residential types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Toronto | $2,849 | $2,600 | 99.4% | 41d | ⚖️ Balanced |
| Mississauga | $2,732 | $2,600 | 99.3% | 39d | ⚖️ Balanced |
| Vaughan | $2,679 | $2,500 | 99.6% | 37d | ⚖️ Balanced |
| Ottawa | $2,719 | $2,600 | 99.9% | 46d | ⚖️ Balanced |
| Markham | $2,860 | $2,800 | 98.9% | 44d | ⚖️ Balanced |
| Oakville | $3,186 | $2,800 | 99.3% | 37d | ⚖️ Balanced |
| Brampton | $2,693 | $2,800 | 98.5% | 41d | ⚖️ Balanced |
| Richmond Hill | $3,147 | $2,970 | 99.4% | 42d | ⚖️ Balanced |
Frequently Asked Questions
London East · October 2025
The average confirmed lease in London East was $2,226/month in October 2025,
based on 30 MLS® transactions. The median was
$2,425/month.
Condos averaged $2,230/mo, freehold averaged $2,530/mo, and townhouses averaged $2,383/mo.
Units in London East took an average of 50 days to lease in October 2025.
Freehold rentals averaged 35 days while condos averaged 62 days.
In October 2025, condos averaged $2,230/month while freehold rentals averaged $2,530/month —
a difference of $300/month.
London East averaged $2,226/month in October 2025. Vaughan averaged $2,679/mo. See the full October 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.
