Rent report · King, Ontario · closed MLS® leases
Average Rent in King — November 2026 by Bedroom
The short answer
The median rent in King is $3,200 a month, based on 163 leases signed on the MLS® in the 12 months to November 2026 (average $3,689). A typical 1-bedroom leases for $2,300 and a 2-bedroom for $2,625. Over the last 90 days the median was $2,725 across 46 leases.
See King rentalsBy bedroom
King rent by bedroom
- 1 bedroom$2,300
- 2 bedrooms$2,625
- 3 bedrooms$3,800
- 4+ bedrooms$5,125
Source: TRREB MLS® data, compiled by Summitly · as of November 3, 2026
Table viewHide table
| Bedrooms | Median rent (12 mo) | Leases (12 mo) |
|---|---|---|
| 1 bedroom | $2,300 | 42 |
| 2 bedrooms | $2,625 | 34 |
| 3 bedrooms | $3,800 | 35 |
| 4+ bedrooms | $5,125 | 52 |
| Bedrooms | Median rent (12 mo) | Average rent (12 mo) | Leases (12 mo) | Median (last 90 days) | Median asking now | Rent / sq ft |
|---|---|---|---|---|---|---|
| Studio | — | — | 0 | — | $6,950 | — |
| 1 bedroom | $2,300 | $2,226 | 42 | $2,400 | $2,600 | $4.04 |
| 2 bedrooms | $2,625 | $2,748 | 34 | $2,950 | $3,500 | $3.78 |
| 3 bedrooms | $3,800 | $3,647 | 35 | $3,150 | $3,550 | $2.61 |
| 4+ bedrooms | $5,125 | $5,513 | 52 | $4,950 | $6,028 | $1.74 |
| All rentals | $3,200 | $3,689 | 163 | $2,725 | $3,900 | $2.55 |
By property type
King rent by property type
- Condo apartment$2,525
- House (detached / semi)$4,400
- Basement apartment$1,950
- Townhouse$3,800
Source: TRREB MLS® data, compiled by Summitly · as of November 3, 2026
Table viewHide table
| Type | Median rent (12 mo) | Leases (12 mo) |
|---|---|---|
| Condo apartment | $2,525 | 49 |
| House (detached / semi) | $4,400 | 89 |
| Basement apartment | $1,950 | 9 |
| Townhouse | $3,800 | 10 |
| Type | Median rent (12 mo) | Average rent (12 mo) | Leases (12 mo) | Median (last 90 days) | Median asking now | Rent / sq ft |
|---|---|---|---|---|---|---|
| Condo apartment | $2,525 | $2,693 | 49 | $2,500 | $2,700 | $4.15 |
| House (detached / semi) | $4,400 | $4,526 | 89 | $4,350 | $5,150 | $2.00 |
| Basement apartment | $1,950 | $1,967 | 9 | — | — | $1.93 |
| Townhouse | $3,800 | $3,725 | 10 | — | — | $2.21 |
Trend
King median rent, last 24 months
Source: TRREB MLS® data, compiled by Summitly · as of November 3, 2026
Table viewHide table
| Month | Median rent | Leases |
|---|---|---|
| Oct 2026 | $3,075 | 20 |
| Sep 2026 | $2,400 | 13 |
| Aug 2026 | $3,150 | 12 |
| Jul 2026 | $3,800 | 11 |
| Jun 2026 | $4,000 | 11 |
| May 2026 | $4,225 | 20 |
| Apr 2026 | $3,000 | 15 |
| Mar 2026 | $2,800 | 13 |
| Feb 2026 | $2,500 | 9 |
| Jan 2026 | $3,400 | 15 |
| Dec 2025 | $3,950 | 10 |
| Nov 2025 | $2,500 | 13 |
| Oct 2025 | $2,450 | 24 |
| Sep 2025 | $2,700 | 15 |
| Aug 2025 | $2,395 | 23 |
| Jul 2025 | $2,650 | 8 |
| Jun 2025 | $2,800 | 9 |
| May 2025 | $3,500 | 8 |
| Apr 2025 | $3,150 | 6 |
| Mar 2025 | — | 4 |
| Feb 2025 | — | 2 |
| Jan 2025 | — | 3 |
| Dec 2024 | — | 4 |
| Nov 2024 | — | 4 |
FAQ
King rent FAQs
What is the average rent in King?
In the 12 months to November 2026, 163 King rentals were leased through the MLS® at a median of $3,200 a month and an average of $3,689. The median is the better guide: a few luxury leases pull the average up.
How much is a 1-bedroom apartment in King?
The median 1-bedroom lease in King was $2,300 a month over the last 12 months (42 leases); 1-bedrooms listed for rent right now ask a median $2,600.
How much is a 2-bedroom rental in King?
A 2-bedroom in King leased for a median $2,625 a month over the last 12 months, across 34 leases.
Is it cheaper to rent a basement, condo or house in King?
Over the last 12 months the cheapest type was basement apartment at a median $1,950, and the most expensive was house (detached / semi) at $4,400. basement apartment $1,950, condo apartment $2,525, townhouse $3,800 and house (detached / semi) $4,400.
Are rents going up or down in King?
The median lease in Oct 2026 was $3,075, up 25.5% from $2,450 in Oct 2025. Monthly medians move with the mix of units leased, so read the 24-month trend rather than a single month.
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 November 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.
