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May 2025 · Vaughan
Average Rent in Vaughan — May 2025
577 confirmed residential leases in Vaughan in May 2025. Average rent $2,658/month. Mixed conditions across property types.
Avg Lease Price $2,658/mo
Median Lease $2,450/mo
Avg Asking $2,661/mo
Lease / Ask 99.9%
Leased Over Asking 9.2%
Avg DOM 40 days
Total Leased
577
all residential
Avg Lease Price
$2,658
per month
Median Lease
$2,450
mid-point
Lease / Ask
99.9%
avg ratio
Over Asking
9.2%
of all leases
Avg DOM
40
days on market
Lease Prices by Property Type
Vaughan · May 2025
💰 Lease Price Summary
Average Lease $2,658/mo
Median Lease $2,450/mo
Avg Asking Rent $2,661/mo
Lowest Lease $1,150
Highest Lease $23,000
Lease / Ask Ratio 99.9%
📊 Market Activity
Leased over asking 9.2%
Leased at asking 60.5%
Leased under asking 30.3%
Avg Days on Market 40 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.2% over vs 30.3% under asking.
💰 Lease Price Summary
Average Lease $2,390/mo
Median Lease $2,350/mo
Avg Asking Rent $2,405/mo
Lowest Lease $1,550
Highest Lease $6,700
Lease / Ask Ratio 99.4%
📊 Market Activity
Leased over asking 8.0%
Leased at asking 61.9%
Leased under asking 30.1%
Avg Days on Market 39 days
Fast · 050Slow · 100+
⚖️ Balanced — 8% over vs 30.1% under asking.
💰 Lease Price Summary
Average Lease $3,865/mo
Median Lease $3,775/mo
Avg Asking Rent $3,763/mo
Lowest Lease $1,250
Highest Lease $23,000
Lease / Ask Ratio 102.7%
📊 Market Activity
Leased over asking 18.1%
Leased at asking 55.6%
Leased under asking 26.4%
Avg Days on Market 43 days
Fast · 050Slow · 100+
⚖️ Balanced — 18.1% over vs 26.4% under asking.
💰 Lease Price Summary
Average Lease $3,419/mo
Median Lease $3,400/mo
Avg Asking Rent $3,459/mo
Lowest Lease $1,150
Highest Lease $5,000
Lease / Ask Ratio 98.9%
📊 Market Activity
Leased over asking 6.8%
Leased at asking 57.6%
Leased under asking 35.6%
Avg Days on Market 49 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.8% over vs 35.6% under asking.
💰 Lease Price Summary
Average Lease $2,400/mo
Median Lease $2,400/mo
Avg Asking Rent $2,400/mo
Lowest Lease $1,850
Highest Lease $2,950
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 45 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 |
|---|---|---|---|---|---|
| Toronto | $2,761 | $2,545 | 99.3% | 44d | ⚖️ Balanced |
| Richmond Hill | $3,013 | $2,900 | 99.0% | 46d | ⚖️ Balanced |
| King | $3,825 | $3,500 | 98.7% | 51d | ⚖️ Balanced |
| Aurora | $2,753 | $2,800 | 98.4% | 48d | ⚖️ Balanced |
| Newmarket | $2,681 | $2,750 | 99.9% | 45d | ⚖️ Balanced |
| Brampton | $2,681 | $2,700 | 99.4% | 43d | ⚖️ Balanced |
Frequently Asked Questions
Vaughan · May 2025
The average confirmed lease in Vaughan was $2,658/month in May 2025,
based on 577 MLS® transactions. The median was
$2,450/month.
Condos averaged $2,390/mo, freehold averaged $3,865/mo, and townhouses averaged $3,419/mo.
Units in Vaughan took an average of 40 days to lease in May 2025.
Freehold rentals averaged 43 days while condos averaged 39 days.
In May 2025, condos averaged $2,390/month while freehold rentals averaged $3,865/month —
a difference of $1,475/month.
Vaughan averaged $2,658/month in May 2025. Newmarket averaged $2,681/mo. See the full May 2025 Ontario lease summary →
Looking to rent in Vaughan?
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 Vaughan, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
