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May 2025 · Niagara On The Lake
Average Rent in Niagara On The Lake — May 2025
6 confirmed residential leases in Niagara On The Lake in May 2025. Average rent $3,650/month. Mixed conditions across property types.
Avg Lease Price $3,650/mo
Median Lease $3,750/mo
Avg Asking $3,683/mo
Lease / Ask 99.1%
Leased Over Asking 0%
Avg DOM 51 days
Total Leased
6
all residential
Avg Lease Price
$3,650
per month
Median Lease
$3,750
mid-point
Lease / Ask
99.1%
avg ratio
Over Asking
0%
of all leases
Avg DOM
51
days on market
Lease Prices by Property Type
Niagara On The Lake · May 2025
💰 Lease Price Summary
Average Lease $3,650/mo
Median Lease $3,750/mo
Avg Asking Rent $3,683/mo
Lowest Lease $2,200
Highest Lease $5,500
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 83.3%
Leased under asking 16.7%
Avg Days on Market 51 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 16.7% under asking.
💰 Lease Price Summary
Average Lease $3,500/mo
Median Lease $3,500/mo
Avg Asking Rent $3,500/mo
Lowest Lease $3,500
Highest Lease $3,500
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 71 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $4,050/mo
Median Lease $4,100/mo
Avg Asking Rent $4,050/mo
Lowest Lease $2,500
Highest Lease $5,500
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 48 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $2,850/mo
Median Lease $2,850/mo
Avg Asking Rent $2,950/mo
Lowest Lease $2,200
Highest Lease $3,500
Lease / Ask Ratio 96.6%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 50.0%
Leased under asking 50.0%
Avg Days on Market 57 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 50% leased below asking. Avg 57 days on market.
🏗
No multi-unit data for May 2025
Not enough multi-unit lease transactions in
Niagara On The Lake this month to generate a summary.
Nearby Cities · May 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| St Catharines | $2,203 | $2,150 | 101.1% | 54d | ⚖️ Balanced |
| Niagara Falls | $2,283 | $2,200 | 98.8% | 46d | ⚖️ Balanced |
| Lincoln | $2,402 | $2,500 | 99.9% | 40d | ⚖️ Balanced |
Frequently Asked Questions
Niagara On The Lake · May 2025
The average confirmed lease in Niagara On The Lake was $3,650/month in May 2025,
based on 6 MLS® transactions. The median was
$3,750/month.
Condos averaged $3,500/mo, freehold averaged $4,050/mo, and townhouses averaged $2,850/mo.
Units in Niagara On The Lake took an average of 51 days to lease in May 2025.
Freehold rentals averaged 48 days while condos averaged 71 days.
In May 2025, condos averaged $3,500/month while freehold rentals averaged $4,050/month —
a difference of $550/month.
Niagara On The Lake averaged $3,650/month in May 2025. Lincoln averaged $2,402/mo. See the full May 2025 Ontario lease summary →
Looking to rent in Niagara On The Lake?
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 On The Lake, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
