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October 2025 · London North
Average Rent in London North — October 2025
42 confirmed residential leases in London North in October 2025. Average rent $2,729/month. Mixed conditions across property types.
Avg Lease Price $2,729/mo
Median Lease $2,700/mo
Avg Asking $2,760/mo
Lease / Ask 98.9%
Leased Over Asking 4.8%
Avg DOM 53 days
Total Leased
42
all residential
Avg Lease Price
$2,729
per month
Median Lease
$2,700
mid-point
Lease / Ask
98.9%
avg ratio
Over Asking
4.8%
of all leases
Avg DOM
53
days on market
Lease Prices by Property Type
London North · October 2025
💰 Lease Price Summary
Average Lease $2,729/mo
Median Lease $2,700/mo
Avg Asking Rent $2,760/mo
Lowest Lease $1,400
Highest Lease $4,850
Lease / Ask Ratio 98.9%
📊 Market Activity
Leased over asking 4.8%
Leased at asking 69.0%
Leased under asking 26.2%
Avg Days on Market 53 days
Fast · 050Slow · 100+
⚖️ Balanced — 4.8% over vs 26.2% under asking.
💰 Lease Price Summary
Average Lease $2,798/mo
Median Lease $2,700/mo
Avg Asking Rent $2,836/mo
Lowest Lease $1,800
Highest Lease $4,850
Lease / Ask Ratio 98.7%
📊 Market Activity
Leased over asking 5.3%
Leased at asking 57.9%
Leased under asking 36.8%
Avg Days on Market 53 days
Fast · 050Slow · 100+
⚖️ Balanced — 5.3% over vs 36.8% under asking.
💰 Lease Price Summary
Average Lease $2,833/mo
Median Lease $2,850/mo
Avg Asking Rent $2,858/mo
Lowest Lease $1,500
Highest Lease $3,500
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 5.6%
Leased at asking 77.8%
Leased under asking 16.7%
Avg Days on Market 55 days
Fast · 050Slow · 100+
⚖️ Balanced — 5.6% over vs 16.7% under asking.
💰 Lease Price Summary
Average Lease $2,677/mo
Median Lease $2,700/mo
Avg Asking Rent $2,704/mo
Lowest Lease $2,300
Highest Lease $3,000
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 69.2%
Leased under asking 30.8%
Avg Days on Market 40 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 30.8% under asking.
💰 Lease Price Summary
Average Lease $1,683/mo
Median Lease $1,700/mo
Avg Asking Rent $1,683/mo
Lowest Lease $1,400
Highest Lease $1,950
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 51 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% 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 North · October 2025
The average confirmed lease in London North was $2,729/month in October 2025,
based on 42 MLS® transactions. The median was
$2,700/month.
Condos averaged $2,798/mo, freehold averaged $2,833/mo, and townhouses averaged $2,677/mo.
Units in London North took an average of 53 days to lease in October 2025.
Freehold rentals averaged 55 days while condos averaged 53 days.
In October 2025, condos averaged $2,798/month while freehold rentals averaged $2,833/month —
a difference of $35/month.
London North averaged $2,729/month in October 2025. Mississauga averaged $2,732/mo. Ottawa averaged $2,719/mo. See the full October 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.
