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March 2026 · Niagara Falls
Average Rent in Niagara Falls — March 2026
60 confirmed residential leases in Niagara Falls in March 2026. Average rent $2,356/month. Mixed conditions across property types.
Avg Lease Price $2,356/mo
Median Lease $2,325/mo
Avg Asking $2,376/mo
Lease / Ask 99.2%
Leased Over Asking 10%
Avg DOM 67 days
Total Leased
60
all residential
Avg Lease Price
$2,356
per month
Median Lease
$2,325
mid-point
Lease / Ask
99.2%
avg ratio
Over Asking
10%
of all leases
Avg DOM
67
days on market
Lease Prices by Property Type
Niagara Falls · March 2026
💰 Lease Price Summary
Average Lease $2,356/mo
Median Lease $2,325/mo
Avg Asking Rent $2,376/mo
Lowest Lease $1,150
Highest Lease $4,100
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 10.0%
Leased at asking 63.3%
Leased under asking 26.7%
Avg Days on Market 67 days
Fast · 050Slow · 100+
⚖️ Balanced — 10% over vs 26.7% under asking.
💰 Lease Price Summary
Average Lease $2,239/mo
Median Lease $2,275/mo
Avg Asking Rent $2,241/mo
Lowest Lease $1,750
Highest Lease $2,700
Lease / Ask Ratio 99.9%
📊 Market Activity
Leased over asking 14.3%
Leased at asking 71.4%
Leased under asking 14.3%
Avg Days on Market 58 days
Fast · 050Slow · 100+
⚖️ Balanced — 14.3% over vs 14.3% under asking.
💰 Lease Price Summary
Average Lease $2,576/mo
Median Lease $2,575/mo
Avg Asking Rent $2,610/mo
Lowest Lease $1,650
Highest Lease $4,100
Lease / Ask Ratio 98.7%
📊 Market Activity
Leased over asking 6.3%
Leased at asking 56.3%
Leased under asking 37.5%
Avg Days on Market 72 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.3% over vs 37.5% under asking.
💰 Lease Price Summary
Average Lease $2,269/mo
Median Lease $2,350/mo
Avg Asking Rent $2,272/mo
Lowest Lease $1,650
Highest Lease $2,800
Lease / Ask Ratio 99.9%
📊 Market Activity
Leased over asking 17.6%
Leased at asking 76.5%
Leased under asking 5.9%
Avg Days on Market 54 days
Fast · 050Slow · 100+
⚖️ Balanced — 17.6% over vs 5.9% under asking.
💰 Lease Price Summary
Average Lease $1,611/mo
Median Lease $1,590/mo
Avg Asking Rent $1,618/mo
Lowest Lease $1,150
Highest Lease $1,995
Lease / Ask Ratio 99.6%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 85.7%
Leased under asking 14.3%
Avg Days on Market 84 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 14.3% under asking.
Nearby Cities · March 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| St Catharines | $2,296 | $2,198 | 99.7% | 66d | ⚖️ Balanced |
| Fort Erie | $2,368 | $2,500 | 99.1% | 58d | ⚖️ Balanced |
| Welland | $2,049 | $2,000 | 99.3% | 59d | ⚖️ Balanced |
| Niagara On The Lake | $2,471 | $2,500 | 99.1% | 83d | ⚖️ Balanced |
| Thorold | $2,427 | $2,499 | 100.7% | 66d | ⚖️ Balanced |
Frequently Asked Questions
Niagara Falls · March 2026
The average confirmed lease in Niagara Falls was $2,356/month in March 2026,
based on 60 MLS® transactions. The median was
$2,325/month.
Condos averaged $2,239/mo, freehold averaged $2,576/mo, and townhouses averaged $2,269/mo.
Units in Niagara Falls took an average of 67 days to lease in March 2026.
Freehold rentals averaged 72 days while condos averaged 58 days.
In March 2026, condos averaged $2,239/month while freehold rentals averaged $2,576/month —
a difference of $337/month.
Niagara Falls averaged $2,356/month in March 2026. Fort Erie averaged $2,368/mo. St Catharines averaged $2,296/mo. See the full March 2026 Ontario lease summary →
Looking to rent in Niagara Falls?
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 Niagara Falls, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
