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September 2025 · Niagara Falls
Average Rent in Niagara Falls — September 2025
69 confirmed residential leases in Niagara Falls in September 2025. Average rent $2,397/month. Mixed conditions across property types.
Avg Lease Price $2,397/mo
Median Lease $2,395/mo
Avg Asking $2,414/mo
Lease / Ask 99.3%
Leased Over Asking 8.7%
Avg DOM 53 days
Total Leased
69
all residential
Avg Lease Price
$2,397
per month
Median Lease
$2,395
mid-point
Lease / Ask
99.3%
avg ratio
Over Asking
8.7%
of all leases
Avg DOM
53
days on market
Lease Prices by Property Type
Niagara Falls · September 2025
💰 Lease Price Summary
Average Lease $2,397/mo
Median Lease $2,395/mo
Avg Asking Rent $2,414/mo
Lowest Lease $1,500
Highest Lease $4,200
Lease / Ask Ratio 99.3%
📊 Market Activity
Leased over asking 8.7%
Leased at asking 71.0%
Leased under asking 20.3%
Avg Days on Market 53 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.7% over vs 20.3% under asking.
💰 Lease Price Summary
Average Lease $2,211/mo
Median Lease $2,225/mo
Avg Asking Rent $2,209/mo
Lowest Lease $1,750
Highest Lease $2,850
Lease / Ask Ratio 100.1%
📊 Market Activity
Leased over asking 11.5%
Leased at asking 73.1%
Leased under asking 15.4%
Avg Days on Market 55 days
Fast · 050Slow · 100+
⚖️ Balanced — 11.5% over vs 15.4% under asking.
💰 Lease Price Summary
Average Lease $2,629/mo
Median Lease $2,600/mo
Avg Asking Rent $2,659/mo
Lowest Lease $1,600
Highest Lease $4,200
Lease / Ask Ratio 98.9%
📊 Market Activity
Leased over asking 12.0%
Leased at asking 60.0%
Leased under asking 28.0%
Avg Days on Market 52 days
Fast · 050Slow · 100+
⚖️ Balanced — 12% over vs 28% under asking.
💰 Lease Price Summary
Average Lease $2,464/mo
Median Lease $2,450/mo
Avg Asking Rent $2,476/mo
Lowest Lease $1,750
Highest Lease $3,800
Lease / Ask Ratio 99.5%
📊 Market Activity
Leased over asking 8.0%
Leased at asking 68.0%
Leased under asking 24.0%
Avg Days on Market 51 days
Fast · 050Slow · 100+
⚖️ Balanced — 8% over vs 24% under asking.
💰 Lease Price Summary
Average Lease $1,824/mo
Median Lease $1,795/mo
Avg Asking Rent $1,824/mo
Lowest Lease $1,500
Highest Lease $2,200
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 64 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Nearby Cities · September 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| St Catharines | $2,157 | $2,100 | 99.5% | 48d | ⚖️ Balanced |
| Fort Erie | $2,449 | $2,500 | 99.3% | 59d | ⚖️ Balanced |
| Welland | $2,100 | $2,100 | 100.6% | 37d | ⚖️ Balanced |
| Niagara On The Lake | $3,700 | $3,700 | 100.0% | 62d | ⚖️ Balanced |
| Thorold | $2,506 | $2,500 | 99.0% | 49d | ⚖️ Balanced |
Frequently Asked Questions
Niagara Falls · September 2025
The average confirmed lease in Niagara Falls was $2,397/month in September 2025,
based on 69 MLS® transactions. The median was
$2,395/month.
Condos averaged $2,211/mo, freehold averaged $2,629/mo, and townhouses averaged $2,464/mo.
Units in Niagara Falls took an average of 53 days to lease in September 2025.
Freehold rentals averaged 52 days while condos averaged 55 days.
In September 2025, condos averaged $2,211/month while freehold rentals averaged $2,629/month —
a difference of $418/month.
Niagara Falls averaged $2,397/month in September 2025. Fort Erie averaged $2,449/mo. St Catharines averaged $2,157/mo. See the full September 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.
