Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Call Now: 416-939-2500 Email: vikas@vikaspalan.com
June 2026 · London South
Average Rent in London South — June 2026
52 confirmed residential leases in London South in June 2026. Average rent $2,265/month. Mixed conditions across property types.
Avg Lease Price $2,265/mo
Median Lease $2,250/mo
Avg Asking $2,284/mo
Lease / Ask 99.2%
Leased Over Asking 5.8%
Avg DOM 30 days
Previous Months
Total Leased
52
all residential
Avg Lease Price
$2,265
per month
Median Lease
$2,250
mid-point
Lease / Ask
99.2%
avg ratio
Over Asking
5.8%
of all leases
Avg DOM
30
days on market
Lease Prices by Property Type
London South · June 2026
💰 Lease Price Summary
Average Lease $2,265/mo
Median Lease $2,250/mo
Avg Asking Rent $2,284/mo
Lowest Lease $1,195
Highest Lease $3,795
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 5.8%
Leased at asking 63.5%
Leased under asking 30.8%
Avg Days on Market 30 days
Fast · 050Slow · 100+
⚖️ Balanced — 5.8% over vs 30.8% under asking.
💰 Lease Price Summary
Average Lease $2,154/mo
Median Lease $2,200/mo
Avg Asking Rent $2,174/mo
Lowest Lease $1,550
Highest Lease $2,800
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 3.8%
Leased at asking 65.4%
Leased under asking 30.8%
Avg Days on Market 33 days
Fast · 050Slow · 100+
⚖️ Balanced — 3.8% over vs 30.8% under asking.
💰 Lease Price Summary
Average Lease $2,591/mo
Median Lease $2,575/mo
Avg Asking Rent $2,616/mo
Lowest Lease $1,300
Highest Lease $3,795
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 5.6%
Leased at asking 55.6%
Leased under asking 38.9%
Avg Days on Market 26 days
Fast · 050Slow · 100+
⚖️ Balanced — 5.6% over vs 38.9% under asking.
💰 Lease Price Summary
Average Lease $2,410/mo
Median Lease $2,390/mo
Avg Asking Rent $2,423/mo
Lowest Lease $2,100
Highest Lease $2,800
Lease / Ask Ratio 99.5%
📊 Market Activity
Leased over asking 11.8%
Leased at asking 64.7%
Leased under asking 23.5%
Avg Days on Market 25 days
Fast · 050Slow · 100+
⚖️ Balanced — 11.8% over vs 23.5% under asking.
💰 Lease Price Summary
Average Lease $1,628/mo
Median Lease $1,650/mo
Avg Asking Rent $1,628/mo
Lowest Lease $1,195
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 35 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Popular Ontario Cities · June 2026
Top Ontario cities by lease volume — avg confirmed rent across all residential types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Toronto | $2,753 | $2,500 | 99.4% | 23d | ⚖️ Balanced |
| Mississauga | $2,719 | $2,600 | 99.3% | 22d | ⚖️ Balanced |
| Ottawa | $2,706 | $2,600 | 100.2% | 24d | ⚖️ Balanced |
| Vaughan | $2,656 | $2,400 | 99.2% | 26d | ⚖️ Balanced |
| Markham | $2,884 | $2,800 | 99.2% | 24d | ⚖️ Balanced |
| Oakville | $3,389 | $3,125 | 99.3% | 19d | ⚖️ Balanced |
| Brampton | $2,617 | $2,700 | 99.7% | 27d | ⚖️ Balanced |
| Hamilton | $2,261 | $2,100 | 99.3% | 31d | ⚖️ Balanced |
Frequently Asked Questions
London South · June 2026
The average confirmed lease in London South was $2,265/month in June 2026,
based on 52 MLS® transactions. The median was
$2,250/month.
Condos averaged $2,154/mo, freehold averaged $2,591/mo, and townhouses averaged $2,410/mo.
Units in London South took an average of 30 days to lease in June 2026.
Freehold rentals averaged 26 days while condos averaged 33 days.
In June 2026, condos averaged $2,154/month while freehold rentals averaged $2,591/month —
a difference of $437/month.
London South averaged $2,265/month in June 2026. Brampton averaged $2,617/mo. Hamilton averaged $2,261/mo. See the full June 2026 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.
