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November 2025 · London North
Average Rent in London North — November 2025
39 confirmed residential leases in London North in November 2025. Average rent $2,696/month. Mixed conditions across property types.
Avg Lease Price $2,696/mo
Median Lease $2,700/mo
Avg Asking $2,723/mo
Lease / Ask 99.0%
Leased Over Asking 10.3%
Avg DOM 51 days
Total Leased
39
all residential
Avg Lease Price
$2,696
per month
Median Lease
$2,700
mid-point
Lease / Ask
99.0%
avg ratio
Over Asking
10.3%
of all leases
Avg DOM
51
days on market
Lease Prices by Property Type
London North · November 2025
💰 Lease Price Summary
Average Lease $2,696/mo
Median Lease $2,700/mo
Avg Asking Rent $2,723/mo
Lowest Lease $1,400
Highest Lease $4,299
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 10.3%
Leased at asking 59.0%
Leased under asking 30.8%
Avg Days on Market 51 days
Fast · 050Slow · 100+
⚖️ Balanced — 10.3% over vs 30.8% under asking.
💰 Lease Price Summary
Average Lease $2,412/mo
Median Lease $2,475/mo
Avg Asking Rent $2,433/mo
Lowest Lease $1,800
Highest Lease $2,950
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 21.4%
Leased at asking 42.9%
Leased under asking 35.7%
Avg Days on Market 52 days
Fast · 050Slow · 100+
⚖️ Balanced — 21.4% over vs 35.7% under asking.
💰 Lease Price Summary
Average Lease $2,996/mo
Median Lease $2,945/mo
Avg Asking Rent $3,027/mo
Lowest Lease $1,700
Highest Lease $4,299
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 5.0%
Leased at asking 70.0%
Leased under asking 25.0%
Avg Days on Market 48 days
Fast · 050Slow · 100+
⚖️ Balanced — 5% over vs 25% under asking.
💰 Lease Price Summary
Average Lease $2,675/mo
Median Lease $2,650/mo
Avg Asking Rent $2,680/mo
Lowest Lease $2,400
Highest Lease $3,000
Lease / Ask Ratio 99.8%
📊 Market Activity
Leased over asking 10.0%
Leased at asking 50.0%
Leased under asking 40.0%
Avg Days on Market 56 days
Fast · 050Slow · 100+
⚖️ Balanced — 10% over vs 40% under asking.
💰 Lease Price Summary
Average Lease $1,500/mo
Median Lease $1,500/mo
Avg Asking Rent $1,575/mo
Lowest Lease $1,400
Highest Lease $1,600
Lease / Ask Ratio 95.2%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 0.0%
Leased under asking 100.0%
Avg Days on Market 45 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 100% leased below asking. Avg 45 days on market.
Popular Ontario Cities · November 2025
Top Ontario cities by lease volume — avg confirmed rent across all residential types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Toronto | $2,772 | $2,500 | 99.1% | 42d | ⚖️ Balanced |
| Mississauga | $2,726 | $2,600 | 98.9% | 40d | ⚖️ Balanced |
| Ottawa | $2,665 | $2,600 | 99.5% | 53d | ⚖️ Balanced |
| Vaughan | $2,773 | $2,500 | 99.1% | 41d | ⚖️ Balanced |
| Oakville | $3,216 | $2,850 | 98.8% | 41d | ⚖️ Balanced |
| Markham | $2,846 | $2,800 | 98.9% | 47d | ⚖️ Balanced |
| Brampton | $2,703 | $2,800 | 99.0% | 44d | ⚖️ Balanced |
| Richmond Hill | $2,985 | $2,850 | 98.6% | 47d | ⚖️ Balanced |
Frequently Asked Questions
London North · November 2025
The average confirmed lease in London North was $2,696/month in November 2025,
based on 39 MLS® transactions. The median was
$2,700/month.
Condos averaged $2,412/mo, freehold averaged $2,996/mo, and townhouses averaged $2,675/mo.
Units in London North took an average of 51 days to lease in November 2025.
Freehold rentals averaged 48 days while condos averaged 52 days.
In November 2025, condos averaged $2,412/month while freehold rentals averaged $2,996/month —
a difference of $584/month.
London North averaged $2,696/month in November 2025. Brampton averaged $2,703/mo. Ottawa averaged $2,665/mo. See the full November 2025 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.
