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Home โ€บ Ontario Lease Prices โ€บ Southgate โ€บ May 2025
May 2025 ยท Southgate

Average Rent in Southgate โ€” May 2025

6 confirmed residential leases in Southgate in May 2025. Average rent $2,567/month. Mixed conditions across property types.

๐Ÿ  6 Leases ๐Ÿ’ฐ Avg $2,567/mo โฑ 52 Days on Market ๐Ÿ“… May 2025
Avg Lease Price $2,567/mo
Median Lease $2,525/mo
Avg Asking $2,583/mo
Lease / Ask 99.4%
Leased Over Asking 0%
Avg DOM 52 days
Total Leased
6
all residential
Avg Lease Price
$2,567
per month
Median Lease
$2,525
mid-point
Lease / Ask
99.4%
avg ratio
Over Asking
0%
of all leases
Avg DOM
52
days on market
Lease Prices by Property Type
Southgate ยท May 2025
๐Ÿ’ฐ Lease Price Summary
Average Lease $2,567/mo
Median Lease $2,525/mo
Avg Asking Rent $2,583/mo
Lowest Lease $2,200
Highest Lease $3,000
Lease / Ask Ratio 99.4%
๐Ÿ“Š Market Activity
Leased over asking 0.0%
Leased at asking 83.3%
Leased under asking 16.7%
Avg Days on Market 52 days
Fast ยท 050Slow ยท 100+
โš–๏ธ Balanced โ€” 0% over vs 16.7% under asking.
๐Ÿข
No condo data for May 2025
Not enough condo lease transactions in Southgate this month to generate a summary.
๐Ÿ’ฐ Lease Price Summary
Average Lease $2,640/mo
Median Lease $2,550/mo
Avg Asking Rent $2,640/mo
Lowest Lease $2,500
Highest Lease $3,000
Lease / Ask Ratio 100.0%
๐Ÿ“Š Market Activity
Leased over asking 0.0%
Leased at asking 100.0%
Leased under asking 0.0%
Avg Days on Market 45 days
Fast ยท 050Slow ยท 100+
โš–๏ธ Balanced โ€” 0% over vs 0% under asking.
๐Ÿ’ฐ 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%
๐Ÿ“Š Market Activity
Leased over asking 0.0%
Leased at asking 0.0%
Leased under asking 100.0%
Avg Days on Market 85 days
Fast ยท 050Slow ยท 100+
๐ŸงŠ Renter-friendly โ€” 100% leased below asking. Avg 85 days on market.
๐Ÿ—
No multi-unit data for May 2025
Not enough multi-unit lease transactions in Southgate this month to generate a summary.
Nearby Cities ยท May 2025
Average confirmed lease price across all residential property types
All Types
CityAvg LeaseMedianLease / AskDOMMarket
Grey Highlands$2,400$2,400 100.0%14dโš–๏ธ Balanced
West Grey$2,383$2,200 100.0%61dโš–๏ธ Balanced
Melancthon$2,600$2,600 92.9%6d๐ŸงŠ Renter-Friendly
Frequently Asked Questions
Southgate ยท May 2025
The average confirmed lease in Southgate was $2,567/month in May 2025, based on 6 MLSยฎ transactions. The median was $2,525/month.
Units in Southgate took an average of 52 days to lease in May 2025.
Southgate averaged $2,567/month in May 2025. Melancthon averaged $2,600/mo. Grey Highlands averaged $2,400/mo. See the full May 2025 Ontario lease summary โ†’

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Data note: Based on MLSยฎ confirmed lease transaction data held in our system for Southgate, Ontario. Not official TRREB or CREA data. For general research only โ€” consult a licensed real estate professional before making tenancy decisions.

๐Ÿ—บ Nearby Cities
Grey Highlands $2,400/mo
West Grey $2,383/mo
Melancthon $2,600/mo
All Ontario Cities โ†’
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