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May 2026 · Vaughan
Average Rent in Vaughan — May 2026
458 confirmed residential leases in Vaughan in May 2026. Average rent $2,687/month. Mixed conditions across property types.
Avg Lease Price $2,687/mo
Median Lease $2,400/mo
Avg Asking $2,692/mo
Lease / Ask 99.8%
Leased Over Asking 11.1%
Avg DOM 26 days
Previous Months
Total Leased
458
all residential
Avg Lease Price
$2,687
per month
Median Lease
$2,400
mid-point
Lease / Ask
99.8%
avg ratio
Over Asking
11.1%
of all leases
Avg DOM
26
days on market
Lease Prices by Property Type
Vaughan · May 2026
💰 Lease Price Summary
Average Lease $2,687/mo
Median Lease $2,400/mo
Avg Asking Rent $2,692/mo
Lowest Lease $1,300
Highest Lease $25,000
Lease / Ask Ratio 99.8%
📊 Market Activity
Leased over asking 11.1%
Leased at asking 57.0%
Leased under asking 31.9%
Avg Days on Market 26 days
Fast · 050Slow · 100+
⚖️ Balanced — 11.1% over vs 31.9% under asking.
💰 Lease Price Summary
Average Lease $2,355/mo
Median Lease $2,300/mo
Avg Asking Rent $2,374/mo
Lowest Lease $1,600
Highest Lease $4,600
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 9.1%
Leased at asking 59.1%
Leased under asking 31.8%
Avg Days on Market 26 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.1% over vs 31.8% under asking.
💰 Lease Price Summary
Average Lease $3,652/mo
Median Lease $3,625/mo
Avg Asking Rent $3,577/mo
Lowest Lease $1,300
Highest Lease $25,000
Lease / Ask Ratio 102.1%
📊 Market Activity
Leased over asking 21.1%
Leased at asking 52.6%
Leased under asking 26.3%
Avg Days on Market 28 days
Fast · 050Slow · 100+
⚖️ Balanced — 21.1% over vs 26.3% under asking.
💰 Lease Price Summary
Average Lease $3,504/mo
Median Lease $3,500/mo
Avg Asking Rent $3,556/mo
Lowest Lease $2,400
Highest Lease $5,000
Lease / Ask Ratio 98.6%
📊 Market Activity
Leased over asking 5.4%
Leased at asking 42.9%
Leased under asking 51.8%
Avg Days on Market 25 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 51.8% leased below asking. Avg 25 days on market.
💰 Lease Price Summary
Average Lease $2,600/mo
Median Lease $2,600/mo
Avg Asking Rent $2,550/mo
Lowest Lease $1,800
Highest Lease $3,400
Lease / Ask Ratio 102.0%
📊 Market Activity
Leased over asking 50.0%
Leased at asking 50.0%
Leased under asking 0.0%
Avg Days on Market 67 days
Fast · 050Slow · 100+
🔥 High demand — 50% leased above asking at a 101.96% lease-to-ask ratio.
Nearby Cities · May 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Toronto | $2,751 | $2,500 | 99.7% | 23d | ⚖️ Balanced |
| Richmond Hill | $3,012 | $2,900 | 99.2% | 29d | ⚖️ Balanced |
| King | $3,455 | $3,150 | 100.1% | 13d | ⚖️ Balanced |
| Aurora | $3,006 | $3,000 | 98.9% | 32d | ⚖️ Balanced |
| Newmarket | $2,598 | $2,450 | 99.3% | 28d | ⚖️ Balanced |
| Brampton | $2,607 | $2,650 | 98.9% | 30d | ⚖️ Balanced |
Frequently Asked Questions
Vaughan · May 2026
The average confirmed lease in Vaughan was $2,687/month in May 2026,
based on 458 MLS® transactions. The median was
$2,400/month.
Condos averaged $2,355/mo, freehold averaged $3,652/mo, and townhouses averaged $3,504/mo.
Units in Vaughan took an average of 26 days to lease in May 2026.
Freehold rentals averaged 28 days while condos averaged 26 days.
In May 2026, condos averaged $2,355/month while freehold rentals averaged $3,652/month —
a difference of $1,297/month.
Vaughan averaged $2,687/month in May 2026. Toronto averaged $2,751/mo. Brampton averaged $2,607/mo. See the full May 2026 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.
