Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Call Now: 416-939-2500 Email: vikas@vikaspalan.com
August 2025 · Niagara Falls
Average Rent in Niagara Falls — August 2025
66 confirmed residential leases in Niagara Falls in August 2025. Average rent $2,400/month. Mixed conditions across property types.
Avg Lease Price $2,400/mo
Median Lease $2,400/mo
Avg Asking $2,419/mo
Lease / Ask 99.2%
Leased Over Asking 6.1%
Avg DOM 50 days
Total Leased
66
all residential
Avg Lease Price
$2,400
per month
Median Lease
$2,400
mid-point
Lease / Ask
99.2%
avg ratio
Over Asking
6.1%
of all leases
Avg DOM
50
days on market
Lease Prices by Property Type
Niagara Falls · August 2025
💰 Lease Price Summary
Average Lease $2,400/mo
Median Lease $2,400/mo
Avg Asking Rent $2,419/mo
Lowest Lease $1,400
Highest Lease $3,600
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 6.1%
Leased at asking 71.2%
Leased under asking 22.7%
Avg Days on Market 50 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.1% over vs 22.7% under asking.
💰 Lease Price Summary
Average Lease $2,345/mo
Median Lease $2,400/mo
Avg Asking Rent $2,348/mo
Lowest Lease $1,850
Highest Lease $2,900
Lease / Ask Ratio 99.9%
📊 Market Activity
Leased over asking 6.3%
Leased at asking 81.3%
Leased under asking 12.5%
Avg Days on Market 56 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.3% over vs 12.5% under asking.
💰 Lease Price Summary
Average Lease $2,426/mo
Median Lease $2,450/mo
Avg Asking Rent $2,460/mo
Lowest Lease $1,400
Highest Lease $3,600
Lease / Ask Ratio 98.6%
📊 Market Activity
Leased over asking 4.9%
Leased at asking 63.4%
Leased under asking 31.7%
Avg Days on Market 49 days
Fast · 050Slow · 100+
⚖️ Balanced — 4.9% over vs 31.7% under asking.
💰 Lease Price Summary
Average Lease $2,516/mo
Median Lease $2,550/mo
Avg Asking Rent $2,505/mo
Lowest Lease $1,850
Highest Lease $2,950
Lease / Ask Ratio 100.4%
📊 Market Activity
Leased over asking 7.1%
Leased at asking 85.7%
Leased under asking 7.1%
Avg Days on Market 54 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.1% over vs 7.1% under asking.
💰 Lease Price Summary
Average Lease $1,829/mo
Median Lease $1,788/mo
Avg Asking Rent $1,829/mo
Lowest Lease $1,750
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 37 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Nearby Cities · August 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| St Catharines | $2,304 | $2,263 | 99.3% | 44d | ⚖️ Balanced |
| Fort Erie | $2,385 | $2,488 | 99.3% | 47d | ⚖️ Balanced |
| Welland | $2,161 | $2,300 | 100.1% | 48d | ⚖️ Balanced |
| Niagara On The Lake | $3,029 | $3,000 | 100.2% | 42d | ⚖️ Balanced |
| Thorold | $2,622 | $2,650 | 101.1% | 40d | ⚖️ Balanced |
Frequently Asked Questions
Niagara Falls · August 2025
The average confirmed lease in Niagara Falls was $2,400/month in August 2025,
based on 66 MLS® transactions. The median was
$2,400/month.
Condos averaged $2,345/mo, freehold averaged $2,426/mo, and townhouses averaged $2,516/mo.
Units in Niagara Falls took an average of 50 days to lease in August 2025.
Freehold rentals averaged 49 days while condos averaged 56 days.
In August 2025, condos averaged $2,345/month while freehold rentals averaged $2,426/month —
a difference of $81/month.
Niagara Falls averaged $2,400/month in August 2025. Thorold averaged $2,622/mo. Fort Erie averaged $2,385/mo. See the full August 2025 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.
