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May 2026 · Thorold
Average Rent in Thorold — May 2026
32 confirmed residential leases in Thorold in May 2026. Average rent $2,362/month. Mixed conditions across property types.
Avg Lease Price $2,362/mo
Median Lease $2,400/mo
Avg Asking $2,381/mo
Lease / Ask 99.2%
Leased Over Asking 6.3%
Avg DOM 35 days
Previous Months
Total Leased
32
all residential
Avg Lease Price
$2,362
per month
Median Lease
$2,400
mid-point
Lease / Ask
99.2%
avg ratio
Over Asking
6.3%
of all leases
Avg DOM
35
days on market
Lease Prices by Property Type
Thorold · May 2026
💰 Lease Price Summary
Average Lease $2,362/mo
Median Lease $2,400/mo
Avg Asking Rent $2,381/mo
Lowest Lease $650
Highest Lease $3,500
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 6.3%
Leased at asking 75.0%
Leased under asking 18.8%
Avg Days on Market 35 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.3% over vs 18.8% under asking.
💰 Lease Price Summary
Average Lease $2,300/mo
Median Lease $2,300/mo
Avg Asking Rent $2,300/mo
Lowest Lease $2,300
Highest Lease $2,300
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 6 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $2,476/mo
Median Lease $2,650/mo
Avg Asking Rent $2,495/mo
Lowest Lease $650
Highest Lease $3,500
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 4.8%
Leased at asking 76.2%
Leased under asking 19.0%
Avg Days on Market 33 days
Fast · 050Slow · 100+
⚖️ Balanced — 4.8% over vs 19% under asking.
💰 Lease Price Summary
Average Lease $2,210/mo
Median Lease $2,300/mo
Avg Asking Rent $2,229/mo
Lowest Lease $1,350
Highest Lease $2,400
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 10.0%
Leased at asking 70.0%
Leased under asking 20.0%
Avg Days on Market 41 days
Fast · 050Slow · 100+
⚖️ Balanced — 10% over vs 20% under asking.
💰 Lease Price Summary
Average Lease $1,500/mo
Median Lease $1,500/mo
Avg Asking Rent $1,500/mo
Lowest Lease $1,500
Highest Lease $1,500
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 11 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Nearby Cities · May 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| St Catharines | $2,133 | $2,200 | 99.2% | 23d | ⚖️ Balanced |
| Welland | $2,126 | $2,200 | 100.2% | 44d | ⚖️ Balanced |
| Niagara Falls | $2,313 | $2,275 | 99.9% | 31d | ⚖️ Balanced |
| Pelham | $2,717 | $2,550 | 98.8% | 49d | 🧊 Renter-Friendly |
Frequently Asked Questions
Thorold · May 2026
The average confirmed lease in Thorold was $2,362/month in May 2026,
based on 32 MLS® transactions. The median was
$2,400/month.
Condos averaged $2,300/mo, freehold averaged $2,476/mo, and townhouses averaged $2,210/mo.
Units in Thorold took an average of 35 days to lease in May 2026.
Freehold rentals averaged 33 days while condos averaged 6 days.
In May 2026, condos averaged $2,300/month while freehold rentals averaged $2,476/month —
a difference of $176/month.
Thorold averaged $2,362/month in May 2026. Pelham averaged $2,717/mo. Niagara Falls averaged $2,313/mo. See the full May 2026 Ontario lease summary →
Looking to rent in Thorold?
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 Thorold, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
