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March 2026 · St Thomas
Average Rent in St Thomas — March 2026
10 confirmed residential leases in St Thomas in March 2026. Average rent $2,184/month. Mixed conditions across property types.
Avg Lease Price $2,184/mo
Median Lease $2,275/mo
Avg Asking $2,210/mo
Lease / Ask 98.9%
Leased Over Asking 10%
Avg DOM 78 days
Total Leased
10
all residential
Avg Lease Price
$2,184
per month
Median Lease
$2,275
mid-point
Lease / Ask
98.9%
avg ratio
Over Asking
10%
of all leases
Avg DOM
78
days on market
Lease Prices by Property Type
St Thomas · March 2026
💰 Lease Price Summary
Average Lease $2,184/mo
Median Lease $2,275/mo
Avg Asking Rent $2,210/mo
Lowest Lease $1,595
Highest Lease $2,800
Lease / Ask Ratio 98.9%
📊 Market Activity
Leased over asking 10.0%
Leased at asking 60.0%
Leased under asking 30.0%
Avg Days on Market 78 days
Fast · 050Slow · 100+
⚖️ Balanced — 10% over vs 30% under asking.
💰 Lease Price Summary
Average Lease $1,600/mo
Median Lease $1,600/mo
Avg Asking Rent $1,600/mo
Lowest Lease $1,600
Highest Lease $1,600
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 171 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $2,411/mo
Median Lease $2,625/mo
Avg Asking Rent $2,449/mo
Lowest Lease $1,595
Highest Lease $2,800
Lease / Ask Ratio 98.5%
📊 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 $2,475/mo
Median Lease $2,475/mo
Avg Asking Rent $2,525/mo
Lowest Lease $2,450
Highest Lease $2,500
Lease / Ask Ratio 98.0%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 50.0%
Leased under asking 50.0%
Avg Days on Market 50 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 50% leased below asking. Avg 50 days on market.
💰 Lease Price Summary
Average Lease $1,883/mo
Median Lease $1,800/mo
Avg Asking Rent $1,883/mo
Lowest Lease $1,750
Highest Lease $2,100
Lease / Ask Ratio 100.0%
📊 Market Activity
Leased over asking 33.3%
Leased at asking 33.3%
Leased under asking 33.3%
Avg Days on Market 94 days
Fast · 050Slow · 100+
⚖️ Balanced — 33.3% over vs 33.3% under asking.
Nearby Cities · March 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Central Elgin | $2,450 | $2,250 | 102.1% | 189d | ⚖️ Balanced |
| Strathroy Caradoc | $2,562 | $2,563 | 100.0% | 38d | ⚖️ Balanced |
Frequently Asked Questions
St Thomas · March 2026
The average confirmed lease in St Thomas was $2,184/month in March 2026,
based on 10 MLS® transactions. The median was
$2,275/month.
Condos averaged $1,600/mo, freehold averaged $2,411/mo, and townhouses averaged $2,475/mo.
Units in St Thomas took an average of 78 days to lease in March 2026.
Freehold rentals averaged 56 days while condos averaged 171 days.
In March 2026, condos averaged $1,600/month while freehold rentals averaged $2,411/month —
a difference of $811/month.
St Thomas averaged $2,184/month in March 2026. Central Elgin averaged $2,450/mo. See the full March 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.
