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January 2026 · Niagara Falls
Average Rent in Niagara Falls — January 2026
42 confirmed residential leases in Niagara Falls in January 2026. Average rent $2,258/month. Mixed conditions across property types.
Avg Lease Price $2,258/mo
Median Lease $2,300/mo
Avg Asking $2,315/mo
Lease / Ask 97.5%
Leased Over Asking 4.8%
Avg DOM 60 days
Total Leased
42
all residential
Avg Lease Price
$2,258
per month
Median Lease
$2,300
mid-point
Lease / Ask
97.5%
avg ratio
Over Asking
4.8%
of all leases
Avg DOM
60
days on market
Lease Prices by Property Type
Niagara Falls · January 2026
💰 Lease Price Summary
Average Lease $2,258/mo
Median Lease $2,300/mo
Avg Asking Rent $2,315/mo
Lowest Lease $1,200
Highest Lease $3,300
Lease / Ask Ratio 97.5%
📊 Market Activity
Leased over asking 4.8%
Leased at asking 52.4%
Leased under asking 42.9%
Avg Days on Market 60 days
Fast · 050Slow · 100+
⚖️ Balanced — 4.8% over vs 42.9% under asking.
💰 Lease Price Summary
Average Lease $2,092/mo
Median Lease $2,000/mo
Avg Asking Rent $2,134/mo
Lowest Lease $1,395
Highest Lease $2,900
Lease / Ask Ratio 98.1%
📊 Market Activity
Leased over asking 8.3%
Leased at asking 41.7%
Leased under asking 50.0%
Avg Days on Market 58 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 50% leased below asking. Avg 58 days on market.
💰 Lease Price Summary
Average Lease $2,331/mo
Median Lease $2,350/mo
Avg Asking Rent $2,399/mo
Lowest Lease $1,200
Highest Lease $3,200
Lease / Ask Ratio 97.2%
📊 Market Activity
Leased over asking 4.5%
Leased at asking 54.5%
Leased under asking 40.9%
Avg Days on Market 61 days
Fast · 050Slow · 100+
⚖️ Balanced — 4.5% over vs 40.9% under asking.
💰 Lease Price Summary
Average Lease $2,433/mo
Median Lease $2,400/mo
Avg Asking Rent $2,488/mo
Lowest Lease $1,900
Highest Lease $3,300
Lease / Ask Ratio 97.8%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 55.6%
Leased under asking 44.4%
Avg Days on Market 65 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 44.4% under asking.
💰 Lease Price Summary
Average Lease $1,772/mo
Median Lease $1,773/mo
Avg Asking Rent $1,772/mo
Lowest Lease $1,750
Highest Lease $1,795
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 29 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Nearby Cities · January 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| St Catharines | $2,161 | $2,100 | 98.7% | 60d | ⚖️ Balanced |
| Fort Erie | $2,455 | $2,100 | 100.0% | 71d | ⚖️ Balanced |
| Welland | $2,139 | $2,200 | 98.6% | 51d | ⚖️ Balanced |
| Niagara On The Lake | $3,650 | $3,750 | 99.6% | 50d | ⚖️ Balanced |
| Thorold | $2,361 | $2,300 | 99.1% | 73d | ⚖️ Balanced |
Frequently Asked Questions
Niagara Falls · January 2026
The average confirmed lease in Niagara Falls was $2,258/month in January 2026,
based on 42 MLS® transactions. The median was
$2,300/month.
Condos averaged $2,092/mo, freehold averaged $2,331/mo, and townhouses averaged $2,433/mo.
Units in Niagara Falls took an average of 60 days to lease in January 2026.
Freehold rentals averaged 61 days while condos averaged 58 days.
In January 2026, condos averaged $2,092/month while freehold rentals averaged $2,331/month —
a difference of $239/month.
Niagara Falls averaged $2,258/month in January 2026. Thorold averaged $2,361/mo. St Catharines averaged $2,161/mo. See the full January 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.
