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May 2025 · Welland
Average Rent in Welland — May 2025
29 confirmed residential leases in Welland in May 2025. Average rent $2,225/month. Mixed conditions across property types.
Avg Lease Price $2,225/mo
Median Lease $2,250/mo
Avg Asking $2,208/mo
Lease / Ask 100.7%
Leased Over Asking 20.7%
Avg DOM 56 days
Total Leased
29
all residential
Avg Lease Price
$2,225
per month
Median Lease
$2,250
mid-point
Lease / Ask
100.7%
avg ratio
Over Asking
20.7%
of all leases
Avg DOM
56
days on market
Lease Prices by Property Type
Welland · May 2025
💰 Lease Price Summary
Average Lease $2,225/mo
Median Lease $2,250/mo
Avg Asking Rent $2,208/mo
Lowest Lease $1,170
Highest Lease $3,400
Lease / Ask Ratio 100.7%
📊 Market Activity
Leased over asking 20.7%
Leased at asking 75.9%
Leased under asking 3.4%
Avg Days on Market 56 days
Fast · 050Slow · 100+
⚖️ Balanced — 20.7% over vs 3.4% under asking.
💰 Lease Price Summary
Average Lease $2,271/mo
Median Lease $2,300/mo
Avg Asking Rent $2,271/mo
Lowest Lease $2,100
Highest Lease $2,400
Lease / Ask Ratio 100.0%
📊 Market Activity
Leased over asking 14.3%
Leased at asking 85.7%
Leased under asking 0.0%
Avg Days on Market 44 days
Fast · 050Slow · 100+
⚖️ Balanced — 14.3% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $2,198/mo
Median Lease $2,250/mo
Avg Asking Rent $2,172/mo
Lowest Lease $1,170
Highest Lease $3,400
Lease / Ask Ratio 101.2%
📊 Market Activity
Leased over asking 22.2%
Leased at asking 72.2%
Leased under asking 5.6%
Avg Days on Market 60 days
Fast · 050Slow · 100+
⚖️ Balanced — 22.2% over vs 5.6% under asking.
💰 Lease Price Summary
Average Lease $2,285/mo
Median Lease $2,275/mo
Avg Asking Rent $2,284/mo
Lowest Lease $2,100
Highest Lease $2,500
Lease / Ask Ratio 100.0%
📊 Market Activity
Leased over asking 20.0%
Leased at asking 80.0%
Leased under asking 0.0%
Avg Days on Market 43 days
Fast · 050Slow · 100+
⚖️ Balanced — 20% over vs 0% under asking.
💰 Lease Price Summary
Average Lease $2,100/mo
Median Lease $2,100/mo
Avg Asking Rent $2,100/mo
Lowest Lease $2,100
Highest Lease $2,100
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 115 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 |
| Niagara Falls | $2,283 | $2,200 | 98.8% | 46d | ⚖️ Balanced |
| Pelham | $2,871 | $2,550 | 99.0% | 53d | ⚖️ Balanced |
| Thorold | $2,504 | $2,495 | 98.7% | 48d | ⚖️ Balanced |
| Port Colborne | $2,512 | $2,513 | 99.0% | 58d | 🧊 Renter-Friendly |
Frequently Asked Questions
Welland · May 2025
The average confirmed lease in Welland was $2,225/month in May 2025,
based on 29 MLS® transactions. The median was
$2,250/month.
Condos averaged $2,271/mo, freehold averaged $2,198/mo, and townhouses averaged $2,285/mo.
Units in Welland took an average of 56 days to lease in May 2025.
Freehold rentals averaged 60 days while condos averaged 44 days.
In May 2025, condos averaged $2,271/month while freehold rentals averaged $2,198/month —
a difference of $73/month.
Welland averaged $2,225/month in May 2025. Niagara Falls averaged $2,283/mo. St Catharines averaged $2,203/mo. See the full May 2025 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.
