Rent report · Lanark, Ontario · closed MLS® leases
Average Rent in Lanark — October 2026 by Bedroom
The short answer
The median rent in Lanark is $2,500 a month, based on 92 leases signed on the MLS® in the 12 months to October 2026 (average $2,484). A typical 1-bedroom leases for $1,600 and a 2-bedroom for $2,100. Over the last 90 days the median was $2,648 across 40 leases.
See Lanark rentalsBy bedroom
Lanark rent by bedroom
- 1 bedroom$1,600
- 2 bedrooms$2,100
- 3 bedrooms$2,600
- 4+ bedrooms$3,025
Source: TRREB MLS® data, compiled by Summitly · as of October 9, 2026
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| Bedrooms | Median rent (12 mo) | Leases (12 mo) |
|---|---|---|
| 1 bedroom | $1,600 | 12 |
| 2 bedrooms | $2,100 | 23 |
| 3 bedrooms | $2,600 | 41 |
| 4+ bedrooms | $3,025 | 16 |
| Bedrooms | Median rent (12 mo) | Average rent (12 mo) | Leases (12 mo) | Median (last 90 days) | Median asking now | Rent / sq ft |
|---|---|---|---|---|---|---|
| Studio | — | — | 0 | — | $3,000 | — |
| 1 bedroom | $1,600 | $1,638 | 12 | — | $3,040 | $2.29 |
| 2 bedrooms | $2,100 | $2,171 | 23 | $2,250 | $2,400 | $2.21 |
| 3 bedrooms | $2,600 | $2,621 | 41 | $2,700 | $2,600 | $1.87 |
| 4+ bedrooms | $3,025 | $3,222 | 16 | $3,200 | — | $1.73 |
| All rentals | $2,500 | $2,484 | 92 | $2,648 | $2,700 | $1.90 |
By property type
Lanark rent by property type
- House (detached / semi)$2,650
- Townhouse$2,698
Source: TRREB MLS® data, compiled by Summitly · as of October 9, 2026
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| Type | Median rent (12 mo) | Leases (12 mo) |
|---|---|---|
| House (detached / semi) | $2,650 | 36 |
| Townhouse | $2,698 | 26 |
| 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 | — | $3,295 | — |
| House (detached / semi) | $2,650 | $2,791 | 36 | $2,775 | — | $1.80 |
| Basement apartment | — | — | 3 | — | — | — |
| Townhouse | $2,698 | $2,652 | 26 | $2,698 | $2,500 | $1.83 |
Trend
Lanark median rent, last 24 months
Source: TRREB MLS® data, compiled by Summitly · as of October 9, 2026
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| Month | Median rent | Leases |
|---|---|---|
| Sep 2026 | $2,550 | 16 |
| Aug 2026 | $2,648 | 6 |
| Jul 2026 | $2,700 | 7 |
| Jun 2026 | $2,150 | 5 |
| May 2026 | $2,100 | 9 |
| Apr 2026 | — | 4 |
| Mar 2026 | $2,400 | 9 |
| Feb 2026 | — | 1 |
| Jan 2026 | — | 4 |
| Dec 2025 | $2,800 | 5 |
| Nov 2025 | $2,450 | 12 |
| Oct 2025 | $2,750 | 8 |
| Sep 2025 | $2,400 | 7 |
| Aug 2025 | $2,800 | 11 |
| Jul 2025 | $2,650 | 11 |
| Jun 2025 | $2,123 | 6 |
| May 2025 | $2,650 | 6 |
| Apr 2025 | $2,250 | 6 |
| Mar 2025 | $2,500 | 7 |
| Feb 2025 | $2,300 | 5 |
| Jan 2025 | — | 4 |
| Dec 2024 | $2,550 | 7 |
| Nov 2024 | — | 3 |
| Oct 2024 | — | 1 |
FAQ
Lanark rent FAQs
What is the average rent in Lanark?
In the 12 months to October 2026, 92 Lanark rentals were leased through the MLS® at a median of $2,500 a month and an average of $2,484. The median is the better guide: a few luxury leases pull the average up.
How much is a 1-bedroom apartment in Lanark?
The median 1-bedroom lease in Lanark was $1,600 a month over the last 12 months (12 leases); 1-bedrooms listed for rent right now ask a median $3,040.
How much is a 2-bedroom rental in Lanark?
A 2-bedroom in Lanark leased for a median $2,100 a month over the last 12 months, across 23 leases.
Is it cheaper to rent a basement, condo or house in Lanark?
Over the last 12 months the cheapest type was house (detached / semi) at a median $2,650, and the most expensive was townhouse at $2,698. house (detached / semi) $2,650 and townhouse $2,698.
Are rents going up or down in Lanark?
The median lease in Sep 2026 was $2,550, up 6.3% from $2,400 in Sep 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 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.
