Real Estate for Rent in Port Stanley, Central Elgin, ON
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Neighbourhood in Central Elgin
Port Stanley
Port Stanley is a small neighbourhood in Central Elgin known for its charming atmosphere. It offers a mix of residential homes and amenities, making it a pleasant place to live.
At a glance
Listed 2 days ago
326 Smith Street
Central Elgin (Port Stanley), ON N5L 1C6
DetachedFor Rent
Listed 10 days ago
439 Edith Cavell Boulevard
Central Elgin (Port Stanley), ON N5L 1G8
DetachedFor Rent
Listed 15 days ago
Unit 408, 16 Compass Trail
Central Elgin (Port Stanley), ON N5L 0A5
MultiplexFor Rent
Listed 15 days ago
87 The Promenade
Central Elgin (Port Stanley), ON N5L 0B1
DetachedFor Rent
Day to dayLivability
6.7
Schools near listings
out of 10 · averaged over 217 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$599,900
In Port Stanley
$599,900
In Central Elgin
$649,900
In Ontario
$715,000
Median monthly rent
$2,200/mo
In Port Stanley
$2,200
In Central Elgin
$2,200
In Ontario
$2,500
≈ 22.7 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
45
Median $599,900
Houses 29 · Condos 16
For rent
14
Median $2,200
Houses 12 · Condos 2
Recently sold
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Recently leased
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Market data as of 2026-10-11. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Community-focused with a friendly atmosphere
- Access to several parks and playgrounds
- Good school ratings for elementary education
- Close-knit population with a median age of 58.8
Keep in mind
- Limited public transit options
- Higher unemployment rate compared to the province
- Limited grocery and pharmacy services
The feel of the placeLifestyle
Daily life in Port Stanley is relaxed and community-oriented, with local amenities within reach. Residents enjoy a quieter pace of life.
Within the boundaryWhat's nearby
The boundary
5.3 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
3
Parks
4
Playgrounds
1
Transit stations
8
Restaurants
3
Cafés
1
Gyms
1
Libraries
Counted across all 5.3 km² of Port Stanley. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
6.7/10
Average rating of the 1 rated school in this area
1
Elementary
Kettle Creek Public School
Public · Grades JK–8 · Thames Valley DSB
6.7/101,101st of 3,045 Ontario elementary schools
415 students · EQAO 2024-2025
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Port Stanley, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
1,922
Population (2021)
2.9 km²
Area
654
People per km²
58.8
Median age
$82,956
Median income
79%
Own their home
2
People per household
895
Households
Every age
- Children (under 15)7.8%
- Working age (15–64)57.3%
- Seniors (65+)35.0%
What is built here
- Detached houses76.6%
- Semi-detached2.6%
- Townhouses13%
- Duplexes2.1%
- Low-rise apartments5.2%
- Other attached homes0.5%
Own or rent
79%Owners
21%Renters
Across 895 households
When it was built
Mostly 1960 or earlier
- 1960 or earlier49%
- 1961–198016%
- 1981–199014%
- 1991–20008%
- 2001–20055%
- 2006–20102%
- 2011–20151%
- 2016–20212%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 8.8%
- Born outside Canada
- 22.6%
- Hold a degree or higher
- 41.4%
- Employment rate
- 0%
- Commute by transit
- 92.9%
- Commute by car
- 1.5
- Children per family
- $72,421
- Median income after tax
- $104,725
- Average household income
- 7.6%
- Living on a low income
- $1,221/mo
- Renters pay, per month
- $957/mo
- Owners pay, per month
- $609,979
- Median home value at census
- 34.9%
- Renters spending 30%+ of income on housing
- 14.8%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 3 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry
What homes in Port Stanley actually rent for
12 homes were leased in Port Stanley over the 12 months to September 2026. Half leased above $2,138 and half below, 42.5% higher than the 12 months before. A typical home found its tenant in 70 days — 25 days slower than a year ago.
- Median rent
- $2,138
- +42.5% year over year
- Days to lease
- 70
- 25 days slower
- Leases closed
- 12
- last 12 months
- Rent per square foot
- $1.96/mo
- from 10 sized leases
Three years of rents
The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one home here differs from the next.
What renters actually paid
$3,022/mo
on a $3,000 asking rent — over ask by $22
- Of the asking rent
- 100.7%
- Leased over asking
- 16.7%
From 12 leases that closed here in the last 12 months.
Rent or buy in Port Stanley
22 years
of rent, at the going rate here, adds up to what a home here costs.
Median sold price
$564,833
60 sales
Median rent
$2,138/mo
12 leases
Gross rental yield
4.54%
before costs
Both figures come from deals that actually closed in Port Stanley over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.
Every month behind these charts — Port Stanley, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 1 | Not enough leases this month to report a median | |||
| Aug 2026 | 3 | Not enough leases this month to report a median | |||
| May 2026 | 1 | Not enough leases this month to report a median | |||
| Mar 2026 | 1 | Not enough leases this month to report a median | |||
| Feb 2026 | 4 | Not enough leases this month to report a median | |||
| Jan 2026 | 1 | Not enough leases this month to report a median | |||
| Nov 2025 | 1 | Not enough leases this month to report a median | |||
| Jan 2025 | 2 | Not enough leases this month to report a median | |||
| Sep 2024 | 1 | Not enough leases this month to report a median | |||
| Aug 2024 | 1 | Not enough leases this month to report a median | |||
| Jul 2024 | 1 | Not enough leases this month to report a median | |||
| Feb 2024 | 1 | Not enough leases this month to report a median | |||
| Nov 2023 | 2 | Not enough leases this month to report a median | |||
| Oct 2023 | 1 | Not enough leases this month to report a median | |||
14 of these months closed fewer than 5 leases. A middle value taken over that few is not a market figure — with one lease it is simply that lease — so the count is shown and the median is not. The leases themselves still count toward the 12-month figures above.
What people ask about Port Stanley
How much does a home cost in Port Stanley?
Homes in Port Stanley sold for a median of $564,833 over the 12 months to September 2026, across 60 closed sales — half sold for more and half for less. That is 6.4% lower than the 12 months before it.
How long does it take to sell a home in Port Stanley?
A home in Port Stanley took a median of 46 days on the market over the 12 months to September 2026. Homes there closed at 96.7% of the asking price on average, with 10.0% selling over asking.
How much is rent in Port Stanley?
The median lease in Port Stanley closed at $2,138 a month over the 12 months to September 2026, across 12 leases.
Is it cheaper to rent or buy in Port Stanley?
A home in Port Stanley costs about 22.0 years of the rent on one — the median price of $564,833 against a median rent of $2,138 a month, a gross yield of 4.54%. The shorter that number, the closer buying is to renting before financing costs.
Compiled by HOMEH from leases reported closed in Port Stanley on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.
A condo here is its own market
8 condo apartments and 6 condo townhouses are on the market in Port Stanley right now. Too few have closed here in the last year for us to publish a median we would stand behind.