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February 2026 · Pickering
Average Rent in Pickering — February 2026
79 confirmed residential leases in Pickering in February 2026. Average rent $2,653/month. Mixed conditions across property types.
Avg Lease Price $2,653/mo
Median Lease $2,675/mo
Avg Asking $2,672/mo
Lease / Ask 99.3%
Leased Over Asking 12.7%
Avg DOM 46 days
Total Leased
79
all residential
Avg Lease Price
$2,653
per month
Median Lease
$2,675
mid-point
Lease / Ask
99.3%
avg ratio
Over Asking
12.7%
of all leases
Avg DOM
46
days on market
Lease Prices by Property Type
Pickering · February 2026
💰 Lease Price Summary
Average Lease $2,653/mo
Median Lease $2,675/mo
Avg Asking Rent $2,672/mo
Lowest Lease $1,200
Highest Lease $3,750
Lease / Ask Ratio 99.3%
📊 Market Activity
Leased over asking 12.7%
Leased at asking 57.0%
Leased under asking 30.4%
Avg Days on Market 46 days
Fast · 050Slow · 100+
⚖️ Balanced — 12.7% over vs 30.4% under asking.
💰 Lease Price Summary
Average Lease $2,498/mo
Median Lease $2,500/mo
Avg Asking Rent $2,521/mo
Lowest Lease $1,850
Highest Lease $3,100
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 9.4%
Leased at asking 56.3%
Leased under asking 34.4%
Avg Days on Market 51 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.4% over vs 34.4% under asking.
💰 Lease Price Summary
Average Lease $2,707/mo
Median Lease $3,000/mo
Avg Asking Rent $2,719/mo
Lowest Lease $1,275
Highest Lease $3,750
Lease / Ask Ratio 99.6%
📊 Market Activity
Leased over asking 16.0%
Leased at asking 64.0%
Leased under asking 20.0%
Avg Days on Market 36 days
Fast · 050Slow · 100+
⚖️ Balanced — 16% over vs 20% under asking.
💰 Lease Price Summary
Average Lease $2,741/mo
Median Lease $2,750/mo
Avg Asking Rent $2,762/mo
Lowest Lease $1,200
Highest Lease $3,200
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 15.4%
Leased at asking 48.7%
Leased under asking 35.9%
Avg Days on Market 50 days
Fast · 050Slow · 100+
⚖️ Balanced — 15.4% over vs 35.9% under asking.
💰 Lease Price Summary
Average Lease $1,850/mo
Median Lease $1,850/mo
Avg Asking Rent $1,895/mo
Lowest Lease $1,850
Highest Lease $1,850
Lease / Ask Ratio 97.6%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 0.0%
Leased under asking 100.0%
Avg Days on Market 61 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 100% leased below asking. Avg 61 days on market.
Nearby Cities · February 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Toronto | $2,679 | $2,493 | 99.0% | 49d | ⚖️ Balanced |
| Ajax | $2,564 | $2,725 | 98.4% | 49d | ⚖️ Balanced |
| Whitby | $2,704 | $2,800 | 99.6% | 47d | ⚖️ Balanced |
| Markham | $2,884 | $2,750 | 98.3% | 47d | 🧊 Renter-Friendly |
| Oshawa | $2,350 | $2,325 | 99.6% | 48d | ⚖️ Balanced |
| Uxbridge | $2,507 | $2,500 | 99.0% | 50d | ⚖️ Balanced |
Frequently Asked Questions
Pickering · February 2026
The average confirmed lease in Pickering was $2,653/month in February 2026,
based on 79 MLS® transactions. The median was
$2,675/month.
Condos averaged $2,498/mo, freehold averaged $2,707/mo, and townhouses averaged $2,741/mo.
Units in Pickering took an average of 46 days to lease in February 2026.
Freehold rentals averaged 36 days while condos averaged 51 days.
In February 2026, condos averaged $2,498/month while freehold rentals averaged $2,707/month —
a difference of $209/month.
Pickering averaged $2,653/month in February 2026. Toronto averaged $2,679/mo. Ajax averaged $2,564/mo. See the full February 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.
