Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Call Now: 416-939-2500 Email: vikas@vikaspalan.com
May 2026 · Pelham
Average Rent in Pelham — May 2026
3 confirmed residential leases in Pelham in May 2026. Average rent $2,717/month. 66.7% of units leased below asking — renters have negotiating leverage.
Avg Lease Price $2,717/mo
Median Lease $2,550/mo
Avg Asking $2,749/mo
Lease / Ask 98.8%
Leased Over Asking 33.3%
Avg DOM 49 days
Previous Months
Total Leased
3
all residential
Avg Lease Price
$2,717
per month
Median Lease
$2,550
mid-point
Lease / Ask
98.8%
avg ratio
Over Asking
33.3%
of all leases
Avg DOM
49
days on market
Lease Prices by Property Type
Pelham · May 2026
💰 Lease Price Summary
Average Lease $2,717/mo
Median Lease $2,550/mo
Avg Asking Rent $2,749/mo
Lowest Lease $2,300
Highest Lease $3,300
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 33.3%
Leased at asking 0.0%
Leased under asking 66.7%
Avg Days on Market 49 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 66.7% leased below asking. Avg 49 days on market.
💰 Lease Price Summary
Average Lease $2,925/mo
Median Lease $2,925/mo
Avg Asking Rent $2,950/mo
Lowest Lease $2,550
Highest Lease $3,300
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 50.0%
Leased at asking 0.0%
Leased under asking 50.0%
Avg Days on Market 51 days
Fast · 050Slow · 100+
🔥 High demand — 50% leased above asking at a 99.15% lease-to-ask ratio.
🏡
No freehold data for May 2026
Not enough freehold lease transactions in
Pelham this month to generate a summary.
💰 Lease Price Summary
Average Lease $2,717/mo
Median Lease $2,550/mo
Avg Asking Rent $2,749/mo
Lowest Lease $2,300
Highest Lease $3,300
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 33.3%
Leased at asking 0.0%
Leased under asking 66.7%
Avg Days on Market 49 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 66.7% leased below asking. Avg 49 days on market.
🏗
No multi-unit data for May 2026
Not enough multi-unit lease transactions in
Pelham this month to generate a summary.
Nearby Cities · May 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| St Catharines | $2,133 | $2,200 | 99.2% | 23d | ⚖️ Balanced |
| Welland | $2,126 | $2,200 | 100.2% | 44d | ⚖️ Balanced |
| Thorold | $2,362 | $2,400 | 99.2% | 35d | ⚖️ Balanced |
| Grimsby | $2,395 | $2,200 | 100.0% | 32d | ⚖️ Balanced |
| Lincoln | $2,256 | $2,350 | 100.5% | 32d | ⚖️ Balanced |
Frequently Asked Questions
Pelham · May 2026
The average confirmed lease in Pelham was $2,717/month in May 2026,
based on 3 MLS® transactions. The median was
$2,550/month.
Condos averaged $2,925/mo, and townhouses averaged $2,717/mo.
Units in Pelham took an average of 49 days to lease in May 2026.
Pelham averaged $2,717/month in May 2026. Grimsby averaged $2,395/mo. See the full May 2026 Ontario lease summary →
Looking to rent in Pelham?
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 Pelham, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
