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February 2026 · St Thomas
Average Rent in St Thomas — February 2026
11 confirmed residential leases in St Thomas in February 2026. Average rent $2,052/month. Mixed conditions across property types.
Avg Lease Price $2,052/mo
Median Lease $1,725/mo
Avg Asking $2,061/mo
Lease / Ask 99.6%
Leased Over Asking 9.1%
Avg DOM 59 days
Total Leased
11
all residential
Avg Lease Price
$2,052
per month
Median Lease
$1,725
mid-point
Lease / Ask
99.6%
avg ratio
Over Asking
9.1%
of all leases
Avg DOM
59
days on market
Lease Prices by Property Type
St Thomas · February 2026
💰 Lease Price Summary
Average Lease $2,052/mo
Median Lease $1,725/mo
Avg Asking Rent $2,061/mo
Lowest Lease $1,000
Highest Lease $3,150
Lease / Ask Ratio 99.6%
📊 Market Activity
Leased over asking 9.1%
Leased at asking 72.7%
Leased under asking 18.2%
Avg Days on Market 59 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.1% over vs 18.2% under asking.
💰 Lease Price Summary
Average Lease $1,312/mo
Median Lease $1,313/mo
Avg Asking Rent $1,312/mo
Lowest Lease $1,000
Highest Lease $1,625
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 62 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $2,756/mo
Median Lease $2,688/mo
Avg Asking Rent $2,794/mo
Lowest Lease $2,500
Highest Lease $3,150
Lease / Ask Ratio 98.7%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 75.0%
Leased under asking 25.0%
Avg Days on Market 56 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 25% under asking.
💰 Lease Price Summary
Average Lease $2,500/mo
Median Lease $2,500/mo
Avg Asking Rent $2,500/mo
Lowest Lease $2,500
Highest Lease $2,500
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 57 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $1,605/mo
Median Lease $1,650/mo
Avg Asking Rent $1,592/mo
Lowest Lease $1,395
Highest Lease $1,725
Lease / Ask Ratio 100.8%
📊 Market Activity
Leased over asking 25.0%
Leased at asking 50.0%
Leased under asking 25.0%
Avg Days on Market 62 days
Fast · 050Slow · 100+
⚖️ Balanced — 25% over vs 25% under asking.
Nearby Cities · February 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Central Elgin | $2,050 | $2,100 | 100.0% | 49d | ⚖️ Balanced |
| Strathroy Caradoc | $2,150 | $2,150 | 97.8% | 65d | 🔥 High Demand |
Frequently Asked Questions
St Thomas · February 2026
The average confirmed lease in St Thomas was $2,052/month in February 2026,
based on 11 MLS® transactions. The median was
$1,725/month.
Condos averaged $1,312/mo, freehold averaged $2,756/mo, and townhouses averaged $2,500/mo.
Units in St Thomas took an average of 59 days to lease in February 2026.
Freehold rentals averaged 56 days while condos averaged 62 days.
In February 2026, condos averaged $1,312/month while freehold rentals averaged $2,756/month —
a difference of $1,444/month.
St Thomas averaged $2,052/month in February 2026. Strathroy Caradoc averaged $2,150/mo. Central Elgin averaged $2,050/mo. See the full February 2026 Ontario lease summary →
Looking to rent in St Thomas?
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 St Thomas, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
