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August 2025 · Russell
Average Rent in Russell — August 2025
7 confirmed residential leases in Russell in August 2025. Average rent $2,484/month. Mixed conditions across property types.
Avg Lease Price $2,484/mo
Median Lease $2,650/mo
Avg Asking $2,406/mo
Lease / Ask 103.3%
Leased Over Asking 14.3%
Avg DOM 48 days
Total Leased
7
all residential
Avg Lease Price
$2,484
per month
Median Lease
$2,650
mid-point
Lease / Ask
103.3%
avg ratio
Over Asking
14.3%
of all leases
Avg DOM
48
days on market
Lease Prices by Property Type
Russell · August 2025
💰 Lease Price Summary
Average Lease $2,484/mo
Median Lease $2,650/mo
Avg Asking Rent $2,406/mo
Lowest Lease $1,500
Highest Lease $3,250
Lease / Ask Ratio 103.3%
📊 Market Activity
Leased over asking 14.3%
Leased at asking 85.7%
Leased under asking 0.0%
Avg Days on Market 48 days
Fast · 050Slow · 100+
⚖️ Balanced — 14.3% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $1,890/mo
Median Lease $1,890/mo
Avg Asking Rent $1,890/mo
Lowest Lease $1,890
Highest Lease $1,890
Lease / Ask Ratio 100.0%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 100.0%
Leased under asking 0.0%
Avg Days on Market 34 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $2,600/mo
Median Lease $2,825/mo
Avg Asking Rent $2,462/mo
Lowest Lease $1,500
Highest Lease $3,250
Lease / Ask Ratio 105.6%
📊 Market Activity
Leased over asking 25.0%
Leased at asking 75.0%
Leased under asking 0.0%
Avg Days on Market 47 days
Fast · 050Slow · 100+
⚖️ Balanced — 25% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $2,700/mo
Median Lease $2,700/mo
Avg Asking Rent $2,700/mo
Lowest Lease $2,700
Highest Lease $2,700
Lease / Ask Ratio 100.0%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 100.0%
Leased under asking 0.0%
Avg Days on Market 68 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $2,400/mo
Median Lease $2,400/mo
Avg Asking Rent $2,400/mo
Lowest Lease $2,400
Highest Lease $2,400
Lease / Ask Ratio 100.0%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 100.0%
Leased under asking 0.0%
Avg Days on Market 49 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Nearby Cities · August 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Ottawa | $2,759 | $2,650 | 100.1% | 50d | ⚖️ Balanced |
| Clarence Rockland | $2,300 | $2,300 | 100.0% | 65d | ⚖️ Balanced |
| The Nation | $1,650 | $1,650 | 100.0% | 29d | ⚖️ Balanced |
Frequently Asked Questions
Russell · August 2025
The average confirmed lease in Russell was $2,484/month in August 2025,
based on 7 MLS® transactions. The median was
$2,650/month.
Condos averaged $1,890/mo, freehold averaged $2,600/mo, and townhouses averaged $2,700/mo.
Units in Russell took an average of 48 days to lease in August 2025.
Freehold rentals averaged 47 days while condos averaged 34 days.
In August 2025, condos averaged $1,890/month while freehold rentals averaged $2,600/month —
a difference of $710/month.
Russell averaged $2,484/month in August 2025. Ottawa averaged $2,759/mo. Clarence Rockland averaged $2,300/mo. See the full August 2025 Ontario lease summary →
Looking to rent in Russell?
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 Russell, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
