Rent report · Algoma District, Ontario · closed MLS® leases
Average Rent in Algoma District — October 2026 by Bedroom
The short answer
The median rent in Algoma District is $2,000 a month, based on 9 leases signed on the MLS® in the 12 months to October 2026 (average $4,371). Figures come from closed leases, not asking rents.
See Algoma District rentalsBy bedroom
Algoma District rent by bedroom
- 3 bedrooms$1,595
Source: TRREB MLS® data, compiled by Summitly · as of October 22, 2026
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| Bedrooms | Median rent (12 mo) | Leases (12 mo) |
|---|---|---|
| 3 bedrooms | $1,595 | 5 |
| Bedrooms | Median rent (12 mo) | Average rent (12 mo) | Leases (12 mo) | Median (last 90 days) | Median asking now | Rent / sq ft |
|---|---|---|---|---|---|---|
| Studio | — | — | 0 | — | $2,000 | — |
| 1 bedroom | — | — | 1 | — | — | — |
| 2 bedrooms | — | — | 0 | — | — | — |
| 3 bedrooms | $1,595 | $1,709 | 5 | — | — | — |
| 4+ bedrooms | — | — | 3 | — | — | — |
| All rentals | $2,000 | $4,371 | 9 | — | $2,064 | — |
By property type
Algoma District rent by property type
- House (detached / semi)$2,200
Source: TRREB MLS® data, compiled by Summitly · as of October 22, 2026
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| Type | Median rent (12 mo) | Leases (12 mo) |
|---|---|---|
| House (detached / semi) | $2,200 | 6 |
| Type | Median rent (12 mo) | Average rent (12 mo) | Leases (12 mo) | Median (last 90 days) | Median asking now | Rent / sq ft |
|---|---|---|---|---|---|---|
| Condo apartment | — | — | 0 | — | — | — |
| House (detached / semi) | $2,200 | $5,798 | 6 | — | $2,500 | — |
| Basement apartment | — | — | 0 | — | — | — |
| Townhouse | — | — | 3 | — | — | — |
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FAQ
Algoma District rent FAQs
What is the average rent in Algoma District?
In the 12 months to October 2026, 9 Algoma District rentals were leased through the MLS® at a median of $2,000 a month and an average of $4,371. The median is the better guide: a few luxury leases pull the average up.
Where do these rent figures come from?
They are medians and averages of closed leases recorded on the TRREB MLS® (the rent actually agreed, not the asking rent), refreshed October 2026. A figure is shown only when it covers at least 5 leases, so no single lease can be identified.
Sources & method
Where these rents come from.
- Rents are the monthly prices on leases that closed on the TRREB MLS® (status Leased), not asking rents, except the "Median asking now" column, which covers rentals listed today.
- The 12-month window runs to the data refresh date; the 90-day column covers the most recent 90 days. The trend shows complete calendar months only.
- Bedrooms are the above-grade bedroom count on the listing, so a 1-bedroom plus den counts as a 1-bedroom. Studios are listings with no bedrooms.
- Basement apartments are lower-level units or units numbered as a basement; houses are detached and semi-detached homes leased whole; townhouses include condo townhouses.
- Rents under $300 or over $50,000 a month are treated as data errors and excluded. Rent per square foot uses leases with an exact floor area only.
- Every figure covers at least 5 leases, so no individual lease can be identified. This page is indexed only when the city has at least 50 leases in 12 months.
Source: TRREB MLS® data, compiled by Summitly.
