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October 2025 · Niagara Falls
Average Rent in Niagara Falls — October 2025
47 confirmed residential leases in Niagara Falls in October 2025. Average rent $2,388/month. Mixed conditions across property types.
Avg Lease Price $2,388/mo
Median Lease $2,400/mo
Avg Asking $2,424/mo
Lease / Ask 98.5%
Leased Over Asking 6.4%
Avg DOM 48 days
Total Leased
47
all residential
Avg Lease Price
$2,388
per month
Median Lease
$2,400
mid-point
Lease / Ask
98.5%
avg ratio
Over Asking
6.4%
of all leases
Avg DOM
48
days on market
Lease Prices by Property Type
Niagara Falls · October 2025
💰 Lease Price Summary
Average Lease $2,388/mo
Median Lease $2,400/mo
Avg Asking Rent $2,424/mo
Lowest Lease $1,495
Highest Lease $4,750
Lease / Ask Ratio 98.5%
📊 Market Activity
Leased over asking 6.4%
Leased at asking 61.7%
Leased under asking 31.9%
Avg Days on Market 48 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.4% over vs 31.9% under asking.
💰 Lease Price Summary
Average Lease $2,247/mo
Median Lease $2,150/mo
Avg Asking Rent $2,293/mo
Lowest Lease $1,800
Highest Lease $2,800
Lease / Ask Ratio 98.0%
📊 Market Activity
Leased over asking 12.5%
Leased at asking 43.8%
Leased under asking 43.8%
Avg Days on Market 48 days
Fast · 050Slow · 100+
⚖️ Balanced — 12.5% over vs 43.8% under asking.
💰 Lease Price Summary
Average Lease $2,539/mo
Median Lease $2,500/mo
Avg Asking Rent $2,579/mo
Lowest Lease $1,690
Highest Lease $4,750
Lease / Ask Ratio 98.5%
📊 Market Activity
Leased over asking 4.5%
Leased at asking 63.6%
Leased under asking 31.8%
Avg Days on Market 51 days
Fast · 050Slow · 100+
⚖️ Balanced — 4.5% over vs 31.8% under asking.
💰 Lease Price Summary
Average Lease $2,304/mo
Median Lease $2,500/mo
Avg Asking Rent $2,310/mo
Lowest Lease $1,800
Highest Lease $2,650
Lease / Ask Ratio 99.7%
📊 Market Activity
Leased over asking 14.3%
Leased at asking 57.1%
Leased under asking 28.6%
Avg Days on Market 43 days
Fast · 050Slow · 100+
⚖️ Balanced — 14.3% over vs 28.6% under asking.
💰 Lease Price Summary
Average Lease $1,848/mo
Median Lease $1,650/mo
Avg Asking Rent $1,848/mo
Lowest Lease $1,495
Highest Lease $2,399
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 66 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Nearby Cities · October 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| St Catharines | $2,187 | $2,200 | 99.7% | 41d | ⚖️ Balanced |
| Fort Erie | $2,329 | $2,450 | 99.1% | 56d | ⚖️ Balanced |
| Welland | $2,269 | $2,300 | 99.4% | 52d | ⚖️ Balanced |
| Niagara On The Lake | $3,214 | $3,050 | 99.1% | 49d | ⚖️ Balanced |
| Thorold | $2,465 | $2,500 | 100.7% | 51d | ⚖️ Balanced |
Frequently Asked Questions
Niagara Falls · October 2025
The average confirmed lease in Niagara Falls was $2,388/month in October 2025,
based on 47 MLS® transactions. The median was
$2,400/month.
Condos averaged $2,247/mo, freehold averaged $2,539/mo, and townhouses averaged $2,304/mo.
Units in Niagara Falls took an average of 48 days to lease in October 2025.
Freehold rentals averaged 51 days while condos averaged 48 days.
In October 2025, condos averaged $2,247/month while freehold rentals averaged $2,539/month —
a difference of $292/month.
Niagara Falls averaged $2,388/month in October 2025. Thorold averaged $2,465/mo. Fort Erie averaged $2,329/mo. See the full October 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.
