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May 2025 · Pickering
Average Rent in Pickering — May 2025
155 confirmed residential leases in Pickering in May 2025. Average rent $2,607/month. Mixed conditions across property types.
Avg Lease Price $2,607/mo
Median Lease $2,550/mo
Avg Asking $2,619/mo
Lease / Ask 99.6%
Leased Over Asking 9.7%
Avg DOM 43 days
Total Leased
155
all residential
Avg Lease Price
$2,607
per month
Median Lease
$2,550
mid-point
Lease / Ask
99.6%
avg ratio
Over Asking
9.7%
of all leases
Avg DOM
43
days on market
Lease Prices by Property Type
Pickering · May 2025
💰 Lease Price Summary
Average Lease $2,607/mo
Median Lease $2,550/mo
Avg Asking Rent $2,619/mo
Lowest Lease $1,325
Highest Lease $6,800
Lease / Ask Ratio 99.6%
📊 Market Activity
Leased over asking 9.7%
Leased at asking 60.0%
Leased under asking 30.3%
Avg Days on Market 43 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.7% over vs 30.3% under asking.
💰 Lease Price Summary
Average Lease $2,372/mo
Median Lease $2,400/mo
Avg Asking Rent $2,396/mo
Lowest Lease $1,700
Highest Lease $3,100
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 4.2%
Leased at asking 58.3%
Leased under asking 37.5%
Avg Days on Market 40 days
Fast · 050Slow · 100+
⚖️ Balanced — 4.2% over vs 37.5% under asking.
💰 Lease Price Summary
Average Lease $2,746/mo
Median Lease $2,825/mo
Avg Asking Rent $2,737/mo
Lowest Lease $1,325
Highest Lease $6,800
Lease / Ask Ratio 100.3%
📊 Market Activity
Leased over asking 18.5%
Leased at asking 63.0%
Leased under asking 18.5%
Avg Days on Market 48 days
Fast · 050Slow · 100+
⚖️ Balanced — 18.5% over vs 18.5% under asking.
💰 Lease Price Summary
Average Lease $2,831/mo
Median Lease $2,900/mo
Avg Asking Rent $2,852/mo
Lowest Lease $1,850
Highest Lease $3,200
Lease / Ask Ratio 99.3%
📊 Market Activity
Leased over asking 4.7%
Leased at asking 62.8%
Leased under asking 32.6%
Avg Days on Market 43 days
Fast · 050Slow · 100+
⚖️ Balanced — 4.7% over vs 32.6% under asking.
💰 Lease Price Summary
Average Lease $2,200/mo
Median Lease $2,200/mo
Avg Asking Rent $2,300/mo
Lowest Lease $2,200
Highest Lease $2,200
Lease / Ask Ratio 95.7%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 0.0%
Leased under asking 100.0%
Avg Days on Market 17 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 100% leased below asking. Avg 17 days on market.
Nearby Cities · May 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Toronto | $2,761 | $2,545 | 99.3% | 44d | ⚖️ Balanced |
| Ajax | $2,550 | $2,600 | 100.1% | 44d | ⚖️ Balanced |
| Whitby | $2,634 | $2,650 | 99.6% | 44d | ⚖️ Balanced |
| Markham | $2,930 | $2,800 | 98.9% | 43d | ⚖️ Balanced |
| Oshawa | $2,548 | $2,500 | 100.6% | 46d | ⚖️ Balanced |
| Uxbridge | $2,620 | $2,200 | 99.2% | 65d | ⚖️ Balanced |
Frequently Asked Questions
Pickering · May 2025
The average confirmed lease in Pickering was $2,607/month in May 2025,
based on 155 MLS® transactions. The median was
$2,550/month.
Condos averaged $2,372/mo, freehold averaged $2,746/mo, and townhouses averaged $2,831/mo.
Units in Pickering took an average of 43 days to lease in May 2025.
Freehold rentals averaged 48 days while condos averaged 40 days.
In May 2025, condos averaged $2,372/month while freehold rentals averaged $2,746/month —
a difference of $374/month.
Pickering averaged $2,607/month in May 2025. Uxbridge averaged $2,620/mo. Ajax averaged $2,550/mo. See the full May 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.
