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June 2025 · London South
Average Rent in London South — June 2025
48 confirmed residential leases in London South in June 2025. Average rent $2,309/month. Mixed conditions across property types.
Avg Lease Price $2,309/mo
Median Lease $2,300/mo
Avg Asking $2,336/mo
Lease / Ask 98.8%
Leased Over Asking 6.3%
Avg DOM 58 days
Total Leased
48
all residential
Avg Lease Price
$2,309
per month
Median Lease
$2,300
mid-point
Lease / Ask
98.8%
avg ratio
Over Asking
6.3%
of all leases
Avg DOM
58
days on market
Lease Prices by Property Type
London South · June 2025
💰 Lease Price Summary
Average Lease $2,309/mo
Median Lease $2,300/mo
Avg Asking Rent $2,336/mo
Lowest Lease $1,450
Highest Lease $3,400
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 6.3%
Leased at asking 68.8%
Leased under asking 25.0%
Avg Days on Market 58 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.3% over vs 25% under asking.
💰 Lease Price Summary
Average Lease $2,166/mo
Median Lease $2,200/mo
Avg Asking Rent $2,184/mo
Lowest Lease $1,582
Highest Lease $2,700
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 85.0%
Leased under asking 15.0%
Avg Days on Market 64 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 15% under asking.
💰 Lease Price Summary
Average Lease $2,594/mo
Median Lease $2,750/mo
Avg Asking Rent $2,629/mo
Lowest Lease $1,450
Highest Lease $3,400
Lease / Ask Ratio 98.7%
📊 Market Activity
Leased over asking 17.6%
Leased at asking 58.8%
Leased under asking 23.5%
Avg Days on Market 63 days
Fast · 050Slow · 100+
⚖️ Balanced — 17.6% over vs 23.5% under asking.
💰 Lease Price Summary
Average Lease $2,402/mo
Median Lease $2,350/mo
Avg Asking Rent $2,437/mo
Lowest Lease $1,900
Highest Lease $2,700
Lease / Ask Ratio 98.6%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 66.7%
Leased under asking 33.3%
Avg Days on Market 57 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 33.3% under asking.
💰 Lease Price Summary
Average Lease $1,971/mo
Median Lease $1,625/mo
Avg Asking Rent $1,999/mo
Lowest Lease $1,500
Highest Lease $2,900
Lease / Ask Ratio 98.6%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 57.1%
Leased under asking 42.9%
Avg Days on Market 41 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 42.9% under asking.
Popular Ontario Cities · June 2025
Top Ontario cities by lease volume — avg confirmed rent across all residential types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Toronto | $2,784 | $2,500 | 99.4% | 44d | ⚖️ Balanced |
| Mississauga | $2,732 | $2,550 | 99.4% | 43d | ⚖️ Balanced |
| Vaughan | $2,611 | $2,400 | 99.2% | 43d | ⚖️ Balanced |
| Oakville | $3,145 | $2,800 | 99.1% | 46d | ⚖️ Balanced |
| Ottawa | $2,706 | $2,600 | 100.1% | 54d | ⚖️ Balanced |
| Markham | $2,991 | $2,900 | 98.9% | 44d | ⚖️ Balanced |
| Brampton | $2,605 | $2,700 | 98.8% | 43d | ⚖️ Balanced |
| Richmond Hill | $3,096 | $3,000 | 99.0% | 46d | ⚖️ Balanced |
Frequently Asked Questions
London South · June 2025
The average confirmed lease in London South was $2,309/month in June 2025,
based on 48 MLS® transactions. The median was
$2,300/month.
Condos averaged $2,166/mo, freehold averaged $2,594/mo, and townhouses averaged $2,402/mo.
Units in London South took an average of 58 days to lease in June 2025.
Freehold rentals averaged 63 days while condos averaged 64 days.
In June 2025, condos averaged $2,166/month while freehold rentals averaged $2,594/month —
a difference of $428/month.
London South averaged $2,309/month in June 2025. Brampton averaged $2,605/mo. See the full June 2025 Ontario lease summary →
Looking to rent in London South?
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 South, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
