Rent report · Niagara-on-the-Lake, Ontario · closed MLS® leases
Average Rent in Niagara-on-the-Lake — November 2026 by Bedroom
The short answer
The average rent in Niagara-on-the-Lake is $3,024 a month; the median is $3,000, based on 80 leases signed on the MLS® in the 12 months to November 2026. A typical 1-bedroom leases for $1,950 and a 2-bedroom for $2,838. Over the last 90 days the median was $3,200 across 26 leases.
See Niagara-on-the-Lake rentalsBy bedroom
Niagara-on-the-Lake rent by bedroom
- 1 bedroom$1,950
- 2 bedrooms$2,838
- 3 bedrooms$3,150
- 4+ bedrooms$3,525
Source: TRREB MLS® data, compiled by Summitly · as of November 15, 2026
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| Bedrooms | Median rent (12 mo) | Leases (12 mo) |
|---|---|---|
| 1 bedroom | $1,950 | 10 |
| 2 bedrooms | $2,838 | 32 |
| 3 bedrooms | $3,150 | 28 |
| 4+ bedrooms | $3,525 | 10 |
| Bedrooms | Median rent (12 mo) | Average rent (12 mo) | Leases (12 mo) | Median (last 90 days) | Median asking now | Rent / sq ft |
|---|---|---|---|---|---|---|
| Studio | — | — | 0 | — | $3,100 | — |
| 1 bedroom | $1,950 | $2,035 | 10 | — | — | $2.64 |
| 2 bedrooms | $2,838 | $2,822 | 32 | $3,150 | — | $2.91 |
| 3 bedrooms | $3,150 | $3,394 | 28 | $3,450 | $4,000 | $2.13 |
| 4+ bedrooms | $3,525 | $3,625 | 10 | — | $7,800 | $1.73 |
| All rentals | $3,000 | $3,024 | 80 | $3,200 | $3,800 | $2.27 |
By property type
Niagara-on-the-Lake rent by property type
- House (detached / semi)$3,200
- Townhouse$3,138
Source: TRREB MLS® data, compiled by Summitly · as of November 15, 2026
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| Type | Median rent (12 mo) | Leases (12 mo) |
|---|---|---|
| House (detached / semi) | $3,200 | 46 |
| Townhouse | $3,138 | 18 |
| 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) | $3,200 | $3,342 | 46 | $3,200 | $4,200 | $2.27 |
| Basement apartment | — | — | 3 | — | — | — |
| Townhouse | $3,138 | $3,038 | 18 | $3,325 | — | $2.26 |
Trend
Niagara-on-the-Lake median rent, last 24 months
Source: TRREB MLS® data, compiled by Summitly · as of November 15, 2026
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| Month | Median rent | Leases |
|---|---|---|
| Oct 2026 | $3,325 | 12 |
| Sep 2026 | $2,950 | 7 |
| Aug 2026 | $2,450 | 6 |
| Jul 2026 | $2,500 | 9 |
| Jun 2026 | $2,800 | 5 |
| May 2026 | $3,100 | 7 |
| Apr 2026 | $3,050 | 6 |
| Mar 2026 | $2,500 | 7 |
| Feb 2026 | — | 3 |
| Jan 2026 | — | 3 |
| Dec 2025 | $3,100 | 9 |
| Nov 2025 | $3,050 | 6 |
| Oct 2025 | $3,050 | 10 |
| Sep 2025 | — | 2 |
| Aug 2025 | $3,000 | 7 |
| Jul 2025 | $3,100 | 7 |
| Jun 2025 | $3,100 | 9 |
| May 2025 | $3,750 | 6 |
| Apr 2025 | — | 4 |
| Mar 2025 | $3,140 | 5 |
| Feb 2025 | — | 2 |
| Jan 2025 | — | 2 |
| Dec 2024 | — | 2 |
| Nov 2024 | — | 2 |
Neighbourhoods
Cheapest to most expensive Niagara-on-the-Lake neighbourhoods to rent
- Old Town$2,600
- Virgil$2,900
- Queenston / St. Davids$3,150
Source: TRREB MLS® data, compiled by Summitly · as of November 15, 2026
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| Neighbourhood | Rank | Median rent | Leases (12 mo) |
|---|---|---|---|
| Old Town | 1 | $2,600 | 39 |
| Virgil | 2 | $2,900 | 15 |
| Queenston / St. Davids | 3 | $3,150 | 10 |
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FAQ
Niagara-on-the-Lake rent FAQs
What is the average rent in Niagara-on-the-Lake?
In the 12 months to November 2026, 80 Niagara-on-the-Lake rentals were leased through the MLS® at a median of $3,000 a month and an average of $3,024. The median is the better guide: a few luxury leases pull the average up.
How much is a 1-bedroom apartment in Niagara-on-the-Lake?
The median 1-bedroom lease in Niagara-on-the-Lake was $1,950 a month over the last 12 months (10 leases).
How much is a 2-bedroom rental in Niagara-on-the-Lake?
A 2-bedroom in Niagara-on-the-Lake leased for a median $2,838 a month over the last 12 months, across 32 leases.
Is it cheaper to rent a basement, condo or house in Niagara-on-the-Lake?
Over the last 12 months the cheapest type was townhouse at a median $3,138, and the most expensive was house (detached / semi) at $3,200. townhouse $3,138 and house (detached / semi) $3,200.
Are rents going up or down in Niagara-on-the-Lake?
The median lease in Oct 2026 was $3,325, up 9.0% from $3,050 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-on-the-Lake?
Of the 3 Niagara-on-the-Lake neighbourhoods with at least 10 leases in the last 12 months, Old Town had the lowest median rent at $2,600, and Queenston / St. Davids the highest at $3,150.
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.
Source: TRREB MLS® data, compiled by Summitly.
