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March 2026 · London North
Average Rent in London North — March 2026
40 confirmed residential leases in London North in March 2026. Average rent $2,460/month. Mixed conditions across property types.
Avg Lease Price $2,460/mo
Median Lease $2,500/mo
Avg Asking $2,476/mo
Lease / Ask 99.4%
Leased Over Asking 7.5%
Avg DOM 68 days
Total Leased
40
all residential
Avg Lease Price
$2,460
per month
Median Lease
$2,500
mid-point
Lease / Ask
99.4%
avg ratio
Over Asking
7.5%
of all leases
Avg DOM
68
days on market
Lease Prices by Property Type
London North · March 2026
💰 Lease Price Summary
Average Lease $2,460/mo
Median Lease $2,500/mo
Avg Asking Rent $2,476/mo
Lowest Lease $1,000
Highest Lease $3,600
Lease / Ask Ratio 99.4%
📊 Market Activity
Leased over asking 7.5%
Leased at asking 65.0%
Leased under asking 27.5%
Avg Days on Market 68 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.5% over vs 27.5% under asking.
💰 Lease Price Summary
Average Lease $2,523/mo
Median Lease $2,500/mo
Avg Asking Rent $2,545/mo
Lowest Lease $1,990
Highest Lease $3,600
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 4.8%
Leased at asking 61.9%
Leased under asking 33.3%
Avg Days on Market 70 days
Fast · 050Slow · 100+
⚖️ Balanced — 4.8% over vs 33.3% under asking.
💰 Lease Price Summary
Average Lease $2,380/mo
Median Lease $2,595/mo
Avg Asking Rent $2,393/mo
Lowest Lease $1,000
Highest Lease $3,200
Lease / Ask Ratio 99.4%
📊 Market Activity
Leased over asking 6.7%
Leased at asking 80.0%
Leased under asking 13.3%
Avg Days on Market 66 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.7% over vs 13.3% under asking.
💰 Lease Price Summary
Average Lease $2,495/mo
Median Lease $2,500/mo
Avg Asking Rent $2,505/mo
Lowest Lease $2,350
Highest Lease $2,650
Lease / Ask Ratio 99.6%
📊 Market Activity
Leased over asking 9.1%
Leased at asking 45.5%
Leased under asking 45.5%
Avg Days on Market 57 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.1% over vs 45.5% under asking.
💰 Lease Price Summary
Average Lease $2,000/mo
Median Lease $2,000/mo
Avg Asking Rent $2,000/mo
Lowest Lease $2,000
Highest Lease $2,000
Lease / Ask Ratio 100.0%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 100.0%
Leased under asking 0.0%
Avg Days on Market 38 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Popular Ontario Cities · March 2026
Top Ontario cities by lease volume — avg confirmed rent across all residential types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Toronto | $2,724 | $2,450 | 98.9% | 49d | ⚖️ Balanced |
| Mississauga | $2,590 | $2,450 | 98.7% | 48d | ⚖️ Balanced |
| Vaughan | $2,604 | $2,378 | 98.8% | 47d | ⚖️ Balanced |
| Ottawa | $2,551 | $2,500 | 99.7% | 63d | ⚖️ Balanced |
| Brampton | $2,442 | $2,500 | 98.1% | 49d | ⚖️ Balanced |
| Markham | $2,682 | $2,550 | 98.4% | 48d | ⚖️ Balanced |
| Oakville | $3,003 | $2,750 | 98.6% | 50d | ⚖️ Balanced |
| Hamilton | $2,301 | $2,200 | 99.0% | 59d | ⚖️ Balanced |
Frequently Asked Questions
London North · March 2026
The average confirmed lease in London North was $2,460/month in March 2026,
based on 40 MLS® transactions. The median was
$2,500/month.
Condos averaged $2,523/mo, freehold averaged $2,380/mo, and townhouses averaged $2,495/mo.
Units in London North took an average of 68 days to lease in March 2026.
Freehold rentals averaged 66 days while condos averaged 70 days.
In March 2026, condos averaged $2,523/month while freehold rentals averaged $2,380/month —
a difference of $143/month.
London North averaged $2,460/month in March 2026. Ottawa averaged $2,551/mo. Brampton averaged $2,442/mo. See the full March 2026 Ontario lease summary →
Looking to rent in London North?
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 North, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
