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September 2025 · London East
Average Rent in London East — September 2025
47 confirmed residential leases in London East in September 2025. Average rent $2,091/month. Mixed conditions across property types.
Avg Lease Price $2,091/mo
Median Lease $2,200/mo
Avg Asking $2,117/mo
Lease / Ask 98.8%
Leased Over Asking 12.8%
Avg DOM 50 days
Total Leased
47
all residential
Avg Lease Price
$2,091
per month
Median Lease
$2,200
mid-point
Lease / Ask
98.8%
avg ratio
Over Asking
12.8%
of all leases
Avg DOM
50
days on market
Lease Prices by Property Type
London East · September 2025
💰 Lease Price Summary
Average Lease $2,091/mo
Median Lease $2,200/mo
Avg Asking Rent $2,117/mo
Lowest Lease $800
Highest Lease $3,200
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 12.8%
Leased at asking 70.2%
Leased under asking 17.0%
Avg Days on Market 50 days
Fast · 050Slow · 100+
⚖️ Balanced — 12.8% over vs 17% under asking.
💰 Lease Price Summary
Average Lease $2,262/mo
Median Lease $2,375/mo
Avg Asking Rent $2,252/mo
Lowest Lease $1,350
Highest Lease $3,000
Lease / Ask Ratio 100.4%
📊 Market Activity
Leased over asking 10.0%
Leased at asking 85.0%
Leased under asking 5.0%
Avg Days on Market 47 days
Fast · 050Slow · 100+
⚖️ Balanced — 10% over vs 5% under asking.
💰 Lease Price Summary
Average Lease $2,219/mo
Median Lease $2,250/mo
Avg Asking Rent $2,260/mo
Lowest Lease $1,050
Highest Lease $3,200
Lease / Ask Ratio 98.2%
📊 Market Activity
Leased over asking 7.1%
Leased at asking 64.3%
Leased under asking 28.6%
Avg Days on Market 51 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.1% over vs 28.6% under asking.
💰 Lease Price Summary
Average Lease $2,358/mo
Median Lease $2,350/mo
Avg Asking Rent $2,369/mo
Lowest Lease $2,050
Highest Lease $2,600
Lease / Ask Ratio 99.5%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 88.9%
Leased under asking 11.1%
Avg Days on Market 44 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 11.1% under asking.
💰 Lease Price Summary
Average Lease $1,717/mo
Median Lease $1,695/mo
Avg Asking Rent $1,719/mo
Lowest Lease $1,350
Highest Lease $2,100
Lease / Ask Ratio 99.9%
📊 Market Activity
Leased over asking 27.3%
Leased at asking 54.5%
Leased under asking 18.2%
Avg Days on Market 54 days
Fast · 050Slow · 100+
⚖️ Balanced — 27.3% over vs 18.2% under asking.
Popular Ontario Cities · September 2025
Top Ontario cities by lease volume — avg confirmed rent across all residential types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Toronto | $2,816 | $2,590 | 99.6% | 41d | ⚖️ Balanced |
| Mississauga | $2,716 | $2,600 | 99.4% | 40d | ⚖️ Balanced |
| Ottawa | $2,818 | $2,675 | 100.1% | 53d | ⚖️ Balanced |
| Vaughan | $2,634 | $2,450 | 99.4% | 40d | ⚖️ Balanced |
| Oakville | $3,138 | $2,800 | 99.2% | 40d | ⚖️ Balanced |
| Markham | $2,941 | $2,850 | 99.0% | 40d | ⚖️ Balanced |
| Richmond Hill | $3,065 | $2,900 | 98.0% | 43d | ⚖️ Balanced |
| Hamilton | $2,412 | $2,350 | 99.5% | 49d | ⚖️ Balanced |
Frequently Asked Questions
London East · September 2025
The average confirmed lease in London East was $2,091/month in September 2025,
based on 47 MLS® transactions. The median was
$2,200/month.
Condos averaged $2,262/mo, freehold averaged $2,219/mo, and townhouses averaged $2,358/mo.
Units in London East took an average of 50 days to lease in September 2025.
Freehold rentals averaged 51 days while condos averaged 47 days.
In September 2025, condos averaged $2,262/month while freehold rentals averaged $2,219/month —
a difference of $43/month.
London East averaged $2,091/month in September 2025. Hamilton averaged $2,412/mo. See the full September 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.
