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May 2025 · Thorold
Average Rent in Thorold — May 2025
35 confirmed residential leases in Thorold in May 2025. Average rent $2,504/month. Mixed conditions across property types.
Avg Lease Price $2,504/mo
Median Lease $2,495/mo
Avg Asking $2,537/mo
Lease / Ask 98.7%
Leased Over Asking 8.6%
Avg DOM 48 days
Total Leased
35
all residential
Avg Lease Price
$2,504
per month
Median Lease
$2,495
mid-point
Lease / Ask
98.7%
avg ratio
Over Asking
8.6%
of all leases
Avg DOM
48
days on market
Lease Prices by Property Type
Thorold · May 2025
💰 Lease Price Summary
Average Lease $2,504/mo
Median Lease $2,495/mo
Avg Asking Rent $2,537/mo
Lowest Lease $1,300
Highest Lease $3,500
Lease / Ask Ratio 98.7%
📊 Market Activity
Leased over asking 8.6%
Leased at asking 71.4%
Leased under asking 20.0%
Avg Days on Market 48 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.6% over vs 20% under asking.
💰 Lease Price Summary
Average Lease $3,375/mo
Median Lease $3,375/mo
Avg Asking Rent $3,375/mo
Lowest Lease $3,250
Highest Lease $3,500
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 36 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $2,528/mo
Median Lease $2,575/mo
Avg Asking Rent $2,596/mo
Lowest Lease $1,500
Highest Lease $3,450
Lease / Ask Ratio 97.4%
📊 Market Activity
Leased over asking 5.0%
Leased at asking 65.0%
Leased under asking 30.0%
Avg Days on Market 55 days
Fast · 050Slow · 100+
⚖️ Balanced — 5% over vs 30% under asking.
💰 Lease Price Summary
Average Lease $2,556/mo
Median Lease $2,400/mo
Avg Asking Rent $2,542/mo
Lowest Lease $2,300
Highest Lease $3,500
Lease / Ask Ratio 100.6%
📊 Market Activity
Leased over asking 14.3%
Leased at asking 78.6%
Leased under asking 7.1%
Avg Days on Market 38 days
Fast · 050Slow · 100+
⚖️ Balanced — 14.3% over vs 7.1% under asking.
💰 Lease Price Summary
Average Lease $1,300/mo
Median Lease $1,300/mo
Avg Asking Rent $1,300/mo
Lowest Lease $1,300
Highest Lease $1,300
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 36 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Nearby Cities · May 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| St Catharines | $2,203 | $2,150 | 101.1% | 54d | ⚖️ Balanced |
| Welland | $2,225 | $2,250 | 100.7% | 56d | ⚖️ Balanced |
| Niagara Falls | $2,283 | $2,200 | 98.8% | 46d | ⚖️ Balanced |
| Pelham | $2,871 | $2,550 | 99.0% | 53d | ⚖️ Balanced |
Frequently Asked Questions
Thorold · May 2025
The average confirmed lease in Thorold was $2,504/month in May 2025,
based on 35 MLS® transactions. The median was
$2,495/month.
Condos averaged $3,375/mo, freehold averaged $2,528/mo, and townhouses averaged $2,556/mo.
Units in Thorold took an average of 48 days to lease in May 2025.
Freehold rentals averaged 55 days while condos averaged 36 days.
In May 2025, condos averaged $3,375/month while freehold rentals averaged $2,528/month —
a difference of $847/month.
Thorold averaged $2,504/month in May 2025. Pelham averaged $2,871/mo. Niagara Falls averaged $2,283/mo. See the full May 2025 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.
