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May 2026 · Pickering
Average Rent in Pickering — May 2026
143 confirmed residential leases in Pickering in May 2026. Average rent $2,598/month. Mixed conditions across property types.
Avg Lease Price $2,598/mo
Median Lease $2,650/mo
Avg Asking $2,589/mo
Lease / Ask 100.3%
Leased Over Asking 14.7%
Avg DOM 25 days
Previous Months
Total Leased
143
all residential
Avg Lease Price
$2,598
per month
Median Lease
$2,650
mid-point
Lease / Ask
100.3%
avg ratio
Over Asking
14.7%
of all leases
Avg DOM
25
days on market
Lease Prices by Property Type
Pickering · May 2026
💰 Lease Price Summary
Average Lease $2,598/mo
Median Lease $2,650/mo
Avg Asking Rent $2,589/mo
Lowest Lease $1,200
Highest Lease $7,900
Lease / Ask Ratio 100.3%
📊 Market Activity
Leased over asking 14.7%
Leased at asking 55.9%
Leased under asking 29.4%
Avg Days on Market 25 days
Fast · 050Slow · 100+
⚖️ Balanced — 14.7% over vs 29.4% under asking.
💰 Lease Price Summary
Average Lease $2,376/mo
Median Lease $2,425/mo
Avg Asking Rent $2,410/mo
Lowest Lease $1,600
Highest Lease $3,100
Lease / Ask Ratio 98.6%
📊 Market Activity
Leased over asking 9.0%
Leased at asking 53.8%
Leased under asking 37.2%
Avg Days on Market 24 days
Fast · 050Slow · 100+
⚖️ Balanced — 9% over vs 37.2% under asking.
💰 Lease Price Summary
Average Lease $2,778/mo
Median Lease $2,900/mo
Avg Asking Rent $2,692/mo
Lowest Lease $1,200
Highest Lease $7,900
Lease / Ask Ratio 103.2%
📊 Market Activity
Leased over asking 22.0%
Leased at asking 58.5%
Leased under asking 19.5%
Avg Days on Market 28 days
Fast · 050Slow · 100+
⚖️ Balanced — 22% over vs 19.5% under asking.
💰 Lease Price Summary
Average Lease $2,910/mo
Median Lease $3,000/mo
Avg Asking Rent $2,925/mo
Lowest Lease $1,550
Highest Lease $3,400
Lease / Ask Ratio 99.5%
📊 Market Activity
Leased over asking 15.0%
Leased at asking 52.5%
Leased under asking 32.5%
Avg Days on Market 23 days
Fast · 050Slow · 100+
⚖️ Balanced — 15% over vs 32.5% under asking.
🏗
No multi-unit data for May 2026
Not enough multi-unit lease transactions in
Pickering 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 |
|---|---|---|---|---|---|
| Toronto | $2,751 | $2,500 | 99.7% | 23d | ⚖️ Balanced |
| Ajax | $2,399 | $2,400 | 99.8% | 32d | ⚖️ Balanced |
| Whitby | $2,763 | $2,850 | 99.6% | 29d | ⚖️ Balanced |
| Markham | $2,805 | $2,595 | 99.1% | 27d | ⚖️ Balanced |
| Oshawa | $2,266 | $2,200 | 99.7% | 33d | ⚖️ Balanced |
| Uxbridge | $2,940 | $3,080 | 100.5% | 44d | ⚖️ Balanced |
Frequently Asked Questions
Pickering · May 2026
The average confirmed lease in Pickering was $2,598/month in May 2026,
based on 143 MLS® transactions. The median was
$2,650/month.
Condos averaged $2,376/mo, freehold averaged $2,778/mo, and townhouses averaged $2,910/mo.
Units in Pickering took an average of 25 days to lease in May 2026.
Freehold rentals averaged 28 days while condos averaged 24 days.
In May 2026, condos averaged $2,376/month while freehold rentals averaged $2,778/month —
a difference of $402/month.
Pickering averaged $2,598/month in May 2026. Toronto averaged $2,751/mo. Ajax averaged $2,399/mo. See the full May 2026 Ontario lease summary →
Looking to rent in Pickering?
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 Pickering, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
