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May 2026 · Welland
Average Rent in Welland — May 2026
31 confirmed residential leases in Welland in May 2026. Average rent $2,126/month. Mixed conditions across property types.
Avg Lease Price $2,126/mo
Median Lease $2,200/mo
Avg Asking $2,121/mo
Lease / Ask 100.2%
Leased Over Asking 16.1%
Avg DOM 44 days
Previous Months
Total Leased
31
all residential
Avg Lease Price
$2,126
per month
Median Lease
$2,200
mid-point
Lease / Ask
100.2%
avg ratio
Over Asking
16.1%
of all leases
Avg DOM
44
days on market
Lease Prices by Property Type
Welland · May 2026
💰 Lease Price Summary
Average Lease $2,126/mo
Median Lease $2,200/mo
Avg Asking Rent $2,121/mo
Lowest Lease $1,195
Highest Lease $2,800
Lease / Ask Ratio 100.2%
📊 Market Activity
Leased over asking 16.1%
Leased at asking 74.2%
Leased under asking 9.7%
Avg Days on Market 44 days
Fast · 050Slow · 100+
⚖️ Balanced — 16.1% over vs 9.7% under asking.
💰 Lease Price Summary
Average Lease $1,920/mo
Median Lease $2,075/mo
Avg Asking Rent $1,920/mo
Lowest Lease $1,500
Highest Lease $2,195
Lease / Ask Ratio 100.0%
📊 Market Activity
Leased over asking 16.7%
Leased at asking 83.3%
Leased under asking 0.0%
Avg Days on Market 35 days
Fast · 050Slow · 100+
⚖️ Balanced — 16.7% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $2,230/mo
Median Lease $2,400/mo
Avg Asking Rent $2,213/mo
Lowest Lease $1,350
Highest Lease $2,800
Lease / Ask Ratio 100.8%
📊 Market Activity
Leased over asking 13.3%
Leased at asking 80.0%
Leased under asking 6.7%
Avg Days on Market 47 days
Fast · 050Slow · 100+
⚖️ Balanced — 13.3% over vs 6.7% under asking.
💰 Lease Price Summary
Average Lease $2,140/mo
Median Lease $2,200/mo
Avg Asking Rent $2,147/mo
Lowest Lease $1,500
Highest Lease $2,500
Lease / Ask Ratio 99.7%
📊 Market Activity
Leased over asking 15.4%
Leased at asking 69.2%
Leased under asking 15.4%
Avg Days on Market 43 days
Fast · 050Slow · 100+
⚖️ Balanced — 15.4% over vs 15.4% under asking.
💰 Lease Price Summary
Average Lease $1,298/mo
Median Lease $1,298/mo
Avg Asking Rent $1,297/mo
Lowest Lease $1,195
Highest Lease $1,400
Lease / Ask Ratio 100.0%
📊 Market Activity
Leased over asking 50.0%
Leased at asking 50.0%
Leased under asking 0.0%
Avg Days on Market 40 days
Fast · 050Slow · 100+
🔥 High demand — 50% leased above asking at a 100.04% 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 |
|---|---|---|---|---|---|
| St Catharines | $2,133 | $2,200 | 99.2% | 23d | ⚖️ Balanced |
| Niagara Falls | $2,313 | $2,275 | 99.9% | 31d | ⚖️ Balanced |
| Pelham | $2,717 | $2,550 | 98.8% | 49d | 🧊 Renter-Friendly |
| Thorold | $2,362 | $2,400 | 99.2% | 35d | ⚖️ Balanced |
| Port Colborne | $2,217 | $2,375 | 99.6% | 28d | ⚖️ Balanced |
Frequently Asked Questions
Welland · May 2026
The average confirmed lease in Welland was $2,126/month in May 2026,
based on 31 MLS® transactions. The median was
$2,200/month.
Condos averaged $1,920/mo, freehold averaged $2,230/mo, and townhouses averaged $2,140/mo.
Units in Welland took an average of 44 days to lease in May 2026.
Freehold rentals averaged 47 days while condos averaged 35 days.
In May 2026, condos averaged $1,920/month while freehold rentals averaged $2,230/month —
a difference of $310/month.
Welland averaged $2,126/month in May 2026. St Catharines averaged $2,133/mo. See the full May 2026 Ontario lease summary →
Looking to rent in Welland?
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 Welland, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
