Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Call Now: 416-939-2500 Email: vikas@vikaspalan.com
August 2025 · Pickering
Average Rent in Pickering — August 2025
120 confirmed residential leases in Pickering in August 2025. Average rent $2,752/month. Mixed conditions across property types.
Avg Lease Price $2,752/mo
Median Lease $2,763/mo
Avg Asking $2,769/mo
Lease / Ask 99.4%
Leased Over Asking 13.3%
Avg DOM 37 days
Total Leased
120
all residential
Avg Lease Price
$2,752
per month
Median Lease
$2,763
mid-point
Lease / Ask
99.4%
avg ratio
Over Asking
13.3%
of all leases
Avg DOM
37
days on market
Lease Prices by Property Type
Pickering · August 2025
💰 Lease Price Summary
Average Lease $2,752/mo
Median Lease $2,763/mo
Avg Asking Rent $2,769/mo
Lowest Lease $800
Highest Lease $6,200
Lease / Ask Ratio 99.4%
📊 Market Activity
Leased over asking 13.3%
Leased at asking 61.7%
Leased under asking 25.0%
Avg Days on Market 37 days
Fast · 050Slow · 100+
⚖️ Balanced — 13.3% over vs 25% under asking.
💰 Lease Price Summary
Average Lease $2,608/mo
Median Lease $2,650/mo
Avg Asking Rent $2,630/mo
Lowest Lease $1,950
Highest Lease $3,300
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 10.9%
Leased at asking 61.8%
Leased under asking 27.3%
Avg Days on Market 32 days
Fast · 050Slow · 100+
⚖️ Balanced — 10.9% over vs 27.3% under asking.
💰 Lease Price Summary
Average Lease $2,760/mo
Median Lease $2,700/mo
Avg Asking Rent $2,776/mo
Lowest Lease $1,400
Highest Lease $6,200
Lease / Ask Ratio 99.5%
📊 Market Activity
Leased over asking 14.6%
Leased at asking 58.5%
Leased under asking 26.8%
Avg Days on Market 44 days
Fast · 050Slow · 100+
⚖️ Balanced — 14.6% over vs 26.8% under asking.
💰 Lease Price Summary
Average Lease $2,912/mo
Median Lease $3,000/mo
Avg Asking Rent $2,928/mo
Lowest Lease $800
Highest Lease $3,500
Lease / Ask Ratio 99.5%
📊 Market Activity
Leased over asking 14.0%
Leased at asking 62.8%
Leased under asking 23.3%
Avg Days on Market 31 days
Fast · 050Slow · 100+
⚖️ Balanced — 14% over vs 23.3% under asking.
🏗
No multi-unit data for August 2025
Not enough multi-unit lease transactions in
Pickering this month to generate a summary.
Nearby Cities · August 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Toronto | $2,833 | $2,590 | 99.6% | 43d | ⚖️ Balanced |
| Ajax | $2,616 | $2,700 | 98.3% | 39d | ⚖️ Balanced |
| Whitby | $3,037 | $3,100 | 99.8% | 43d | ⚖️ Balanced |
| Markham | $2,937 | $2,850 | 99.2% | 41d | ⚖️ Balanced |
| Oshawa | $2,271 | $2,200 | 99.8% | 47d | ⚖️ Balanced |
| Uxbridge | $2,800 | $2,800 | 100.0% | 40d | ⚖️ Balanced |
Frequently Asked Questions
Pickering · August 2025
The average confirmed lease in Pickering was $2,752/month in August 2025,
based on 120 MLS® transactions. The median was
$2,763/month.
Condos averaged $2,608/mo, freehold averaged $2,760/mo, and townhouses averaged $2,912/mo.
Units in Pickering took an average of 37 days to lease in August 2025.
Freehold rentals averaged 44 days while condos averaged 32 days.
In August 2025, condos averaged $2,608/month while freehold rentals averaged $2,760/month —
a difference of $152/month.
Pickering averaged $2,752/month in August 2025. Uxbridge averaged $2,800/mo. Ajax averaged $2,616/mo. See the full August 2025 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.
