Rent report · Niagara Falls, Ontario · closed MLS® leases
Average Rent in Niagara Falls — November 2026 by Bedroom
The short answer
The median rent in Niagara Falls is $2,300 a month, based on 749 leases signed on the MLS® in the 12 months to November 2026 (average $2,297). A typical 1-bedroom leases for $1,650 and a 2-bedroom for $2,025. Over the last 90 days the median was $2,300 across 223 leases.
See Niagara Falls rentalsBy bedroom
Niagara Falls rent by bedroom
- Studio$1,575
- 1 bedroom$1,650
- 2 bedrooms$2,025
- 3 bedrooms$2,400
- 4+ bedrooms$2,900
Source: TRREB MLS® data, compiled by Summitly · as of November 9, 2026
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| Bedrooms | Median rent (12 mo) | Leases (12 mo) |
|---|---|---|
| Studio | $1,575 | 19 |
| 1 bedroom | $1,650 | 92 |
| 2 bedrooms | $2,025 | 208 |
| 3 bedrooms | $2,400 | 296 |
| 4+ bedrooms | $2,900 | 134 |
| Bedrooms | Median rent (12 mo) | Average rent (12 mo) | Leases (12 mo) | Median (last 90 days) | Median asking now | Rent / sq ft |
|---|---|---|---|---|---|---|
| Studio | $1,575 | $1,584 | 19 | $1,425 | $1,600 | $1.93 |
| 1 bedroom | $1,650 | $1,634 | 92 | $1,600 | $1,638 | $2.39 |
| 2 bedrooms | $2,025 | $2,026 | 208 | $2,100 | $1,975 | $2.29 |
| 3 bedrooms | $2,400 | $2,429 | 296 | $2,425 | $2,400 | $2.03 |
| 4+ bedrooms | $2,900 | $2,980 | 134 | $2,850 | $2,875 | $1.52 |
| All rentals | $2,300 | $2,297 | 749 | $2,300 | $2,200 | $2.05 |
By property type
Niagara Falls rent by property type
- Condo apartment$2,100
- House (detached / semi)$2,495
- Basement apartment$1,600
- Townhouse$2,375
Source: TRREB MLS® data, compiled by Summitly · as of November 9, 2026
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| Type | Median rent (12 mo) | Leases (12 mo) |
|---|---|---|
| Condo apartment | $2,100 | 77 |
| House (detached / semi) | $2,495 | 377 |
| Basement apartment | $1,600 | 38 |
| Townhouse | $2,375 | 187 |
| Type | Median rent (12 mo) | Average rent (12 mo) | Leases (12 mo) | Median (last 90 days) | Median asking now | Rent / sq ft |
|---|---|---|---|---|---|---|
| Condo apartment | $2,100 | $2,138 | 77 | $1,963 | $2,363 | $2.50 |
| House (detached / semi) | $2,495 | $2,483 | 377 | $2,450 | $2,300 | $1.90 |
| Basement apartment | $1,600 | $1,550 | 38 | $1,500 | $1,600 | $1.43 |
| Townhouse | $2,375 | $2,311 | 187 | $2,400 | $2,325 | $1.90 |
Trend
Niagara Falls median rent, last 24 months
Source: TRREB MLS® data, compiled by Summitly · as of November 9, 2026
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| Month | Median rent | Leases |
|---|---|---|
| Oct 2026 | $2,400 | 77 |
| Sep 2026 | $2,150 | 75 |
| Aug 2026 | $2,300 | 84 |
| Jul 2026 | $2,400 | 62 |
| Jun 2026 | $2,400 | 69 |
| May 2026 | $2,200 | 65 |
| Apr 2026 | $2,200 | 67 |
| Mar 2026 | $2,325 | 60 |
| Feb 2026 | $2,300 | 38 |
| Jan 2026 | $2,300 | 42 |
| Dec 2025 | $2,175 | 48 |
| Nov 2025 | $2,325 | 55 |
| Oct 2025 | $2,400 | 49 |
| Sep 2025 | $2,395 | 71 |
| Aug 2025 | $2,400 | 67 |
| Jul 2025 | $2,400 | 53 |
| Jun 2025 | $2,348 | 64 |
| May 2025 | $2,225 | 46 |
| Apr 2025 | $2,325 | 62 |
| Mar 2025 | $2,400 | 41 |
| Feb 2025 | $2,273 | 44 |
| Jan 2025 | $2,250 | 35 |
| Dec 2024 | $2,350 | 41 |
| Nov 2024 | $2,400 | 13 |
Neighbourhoods
Cheapest to most expensive Niagara Falls neighbourhoods to rent
- Drummond — Victoria$2,200
- Stamford$2,250
- Chippawa$2,500
- Chippawa Rural$2,500
Source: TRREB MLS® data, compiled by Summitly · as of November 9, 2026
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| Neighbourhood | Rank | Median rent | Leases (12 mo) |
|---|---|---|---|
| Drummond — Victoria | 1 | $2,200 | 195 |
| Stamford | 2 | $2,250 | 124 |
| Chippawa | 3 | $2,500 | 48 |
| Chippawa Rural | 4 | $2,500 | 54 |
FAQ
Niagara Falls rent FAQs
What is the average rent in Niagara Falls?
In the 12 months to November 2026, 749 Niagara Falls rentals were leased through the MLS® at a median of $2,300 a month and an average of $2,297. The median is the better guide: a few luxury leases pull the average up.
How much is a 1-bedroom apartment in Niagara Falls?
The median 1-bedroom lease in Niagara Falls was $1,650 a month over the last 12 months (92 leases); 1-bedrooms listed for rent right now ask a median $1,638.
How much is a 2-bedroom rental in Niagara Falls?
A 2-bedroom in Niagara Falls leased for a median $2,025 a month over the last 12 months, across 208 leases.
Is it cheaper to rent a basement, condo or house in Niagara Falls?
Over the last 12 months the cheapest type was basement apartment at a median $1,600, and the most expensive was house (detached / semi) at $2,495. basement apartment $1,600, condo apartment $2,100, townhouse $2,375 and house (detached / semi) $2,495.
Are rents going up or down in Niagara Falls?
The median lease in Oct 2026 was $2,400, up 0.0% from $2,400 in Oct 2025. Monthly medians move with the mix of units leased, so read the 24-month trend rather than a single month.
What is the cheapest neighbourhood to rent in Niagara Falls?
Of the 4 Niagara Falls neighbourhoods with at least 10 leases in the last 12 months, Drummond — Victoria had the lowest median rent at $2,200, and Chippawa Rural the highest at $2,500.
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.
