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September 2025 · London North
Average Rent in London North — September 2025
81 confirmed residential leases in London North in September 2025. Average rent $2,706/month. Mixed conditions across property types.
Avg Lease Price $2,706/mo
Median Lease $2,750/mo
Avg Asking $2,723/mo
Lease / Ask 99.4%
Leased Over Asking 7.4%
Avg DOM 49 days
Total Leased
81
all residential
Avg Lease Price
$2,706
per month
Median Lease
$2,750
mid-point
Lease / Ask
99.4%
avg ratio
Over Asking
7.4%
of all leases
Avg DOM
49
days on market
Lease Prices by Property Type
London North · September 2025
💰 Lease Price Summary
Average Lease $2,706/mo
Median Lease $2,750/mo
Avg Asking Rent $2,723/mo
Lowest Lease $800
Highest Lease $4,600
Lease / Ask Ratio 99.4%
📊 Market Activity
Leased over asking 7.4%
Leased at asking 67.9%
Leased under asking 24.7%
Avg Days on Market 49 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.4% over vs 24.7% under asking.
💰 Lease Price Summary
Average Lease $2,609/mo
Median Lease $2,650/mo
Avg Asking Rent $2,636/mo
Lowest Lease $850
Highest Lease $3,400
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 7.1%
Leased at asking 61.9%
Leased under asking 31.0%
Avg Days on Market 53 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.1% over vs 31% under asking.
💰 Lease Price Summary
Average Lease $2,844/mo
Median Lease $2,900/mo
Avg Asking Rent $2,851/mo
Lowest Lease $800
Highest Lease $4,600
Lease / Ask Ratio 99.8%
📊 Market Activity
Leased over asking 8.8%
Leased at asking 70.6%
Leased under asking 20.6%
Avg Days on Market 43 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.8% over vs 20.6% under asking.
💰 Lease Price Summary
Average Lease $2,635/mo
Median Lease $2,700/mo
Avg Asking Rent $2,658/mo
Lowest Lease $850
Highest Lease $3,400
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 6.7%
Leased at asking 63.3%
Leased under asking 30.0%
Avg Days on Market 47 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.7% over vs 30% under asking.
💰 Lease Price Summary
Average Lease $2,345/mo
Median Lease $2,345/mo
Avg Asking Rent $2,345/mo
Lowest Lease $2,245
Highest Lease $2,445
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 52 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% 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 North · September 2025
The average confirmed lease in London North was $2,706/month in September 2025,
based on 81 MLS® transactions. The median was
$2,750/month.
Condos averaged $2,609/mo, freehold averaged $2,844/mo, and townhouses averaged $2,635/mo.
Units in London North took an average of 49 days to lease in September 2025.
Freehold rentals averaged 43 days while condos averaged 53 days.
In September 2025, condos averaged $2,609/month while freehold rentals averaged $2,844/month —
a difference of $235/month.
London North averaged $2,706/month in September 2025. Mississauga averaged $2,716/mo. Vaughan averaged $2,634/mo. See the full September 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.
