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City in Ontario

Apartments & homes for rent in Niagara Falls

Name: HOMEH Market Pulse — Niagara Falls closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

There are 214 rentals in Niagara Falls, ON, with a median rent of $2,200/mo. 40 are 1-bedroom apartments and units and 73 have 2 bedrooms.

family-friendly active community-focused

94,415 people lived in Niagara Falls at the 2021 Census, in 37,785 households. 70% of households owned their home and 30% rented. The most common homes were single-detached houses (66%) and low-rise apartments (13%). 61% of homes were built before 1981, and 11% since 2011. 92% of commuters went to work by car and 1% by public transit.

High walkability score: 8

Niagara Falls, Ontario

Niagara Falls Rentals

Day to dayLivability

Walkability

out of 100 · averaged over 27,167 past and present listings

Average walk score reported on listings here

7.1

Schools near listings

out of 10 · averaged over 27,167 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

16% below Ontario

In Niagara Falls

$599,900

In Ontario

$716,900

Median monthly rent

$2,200/mo

12% below Ontario

In Niagara Falls

$2,200

In Ontario

$2,499

$469

Per square foot

≈ 22.7 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

620

Median $599,900

Houses 521 · Condos 99

For rent

214

Median $2,200

Houses 157 · Condos 57

Recently sold

Recently leased

Market data as of 2026-08-16. 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

Affordable compared to provincial median prices
Strong walkability for easy access to amenities
Diverse housing options available
Good community feel with a population of 88,071

Keep in mind

Median rent is higher than provincial average
Limited schools in the area

The feel of the placeLifestyle

Daily life in Niagara Falls is active and community-oriented, with access to parks and public transit. Residents enjoy a mix of urban and natural environments.

Great for first-time buyers families renters

Within the boundaryWhat's nearby

The boundary

225.6 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

Parks

Playgrounds

Transit stations

Grocery stores

162

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 225.6 km² of Niagara Falls. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

7.2/10

Average rating of the 33 rated schools in this area

Elementary

Secondary

John Marshall Public School
Public · Grades JK–8 · DSB Niagara
10.0/107.6 over 5 yrs
1st of 3,045 Ontario elementary schools
260 students · EQAO 2024-2025
St Vincent de Paul Catholic Elementary School
Catholic · Grades JK–8 · Niagara CDSB
10.0/108.6 over 5 yrs
1st of 3,045 Ontario elementary schools
260 students · EQAO 2024-2025
Father Hennepin Catholic Elementary School
Catholic · Grades JK–8 · Niagara CDSB
9.1/107.3 over 5 yrs
77th of 3,045 Ontario elementary schools
310 students · EQAO 2024-2025
Prince Philip Public School
Public · Grades 1–8 · DSB Niagara
8.9/10
108th of 3,045 Ontario elementary schools
520 students · EQAO 2024-2025
Kate S Durdan Public School
Public · Grades JK–8 · DSB Niagara
8.8/108.0 over 5 yrs
118th of 3,045 Ontario elementary schools
480 students · EQAO 2024-2025
Orchard Park Public School
Public · Grades JK–8 · DSB Niagara
8.4/107.2 over 5 yrs
209th of 3,045 Ontario elementary schools
340 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Niagara Falls, 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

94,415

Population (2021)

210.3 km²

Area

449

People per km²

45.5

Median age

$79,733

Median income

70%

Own their home

2.5

People per household

37,785

Households

Every age

Children (under 15)14.7%
Working age (15–64)63.4%
Seniors (65+)21.9%

What is built here

Detached houses66.1%
Semi-detached5.4%
Townhouses7.4%
Duplexes3.3%
Low-rise apartments13.1%
High-rise apartments4.2%

Own or rent

70%Owners

30%Renters

Across 37,785 households

When it was built

Mostly 1960 or earlier

1960 or earlier31%
1961–198030%
1981–199011%
1991–20009%
2001–20053%
2006–20104%
2011–20155%
2016–20217%

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.

22.8%
Born outside Canada: 19.3%
Hold a degree or higher: 45.5%
Employment rate: 1.3%
Commute by transit: 92.1%
Commute by car: 1.7
Children per family: $71,329
Median income after tax: $93,193
Average household income: 11.5%
Living on a low income: $1,340/mo
Renters pay, per month: $1,193/mo
Owners pay, per month: $575,163
Median home value at census: 36.4%
Renters spending 30%+ of income on housing: 15.5%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 148 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, Photo: © Wikimedia Commons contributors (CC BY-SA)

HOMEH Market Pulse Through September 2026 Deep sales history

What Rent Costs in Niagara Falls

714 homes were leased in Niagara Falls over the 12 months to September 2026. Half leased above $2,255 and half below, 4.4% lower than the 12 months before. A typical home found its tenant in 31 days — 3 days slower than a year ago.

Median rent: $2,255; -4.4% year over year
Days to lease: 31; 3 days slower
Leases closed: 714; last 12 months
Rent per square foot: $1.75/mo; from 653 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.

$2,915$2,480$2,045$1,610

Oct ’23Oct ’24Sep ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$3,000/mo

on a $3,000 asking rent — right at the asking rent

−10%Asking rent+10%

Of the asking rent: 100.0%
Leased over asking: 11.6%

From 714 leases that closed here in the last 12 months.

Rent or buy in Niagara Falls

20.7 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$560,198

1,075 sales

Median rent

$2,255/mo

714 leases

Gross rental yield

4.83%

before costs

Both figures come from deals that actually closed in Niagara Falls over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

What actually rents in Niagara Falls

A single median hides this: the mix of homes behind it, and what each kind costs.

714leases

Detached$2,37844.4%
Condo town$2,22213.0%
Freehold town$2,43311.2%
Condo apartment$2,0599.4%
Semi-detached$2,3515.9%
Multiplex$1,5323.1%
Other kinds of home$1,9951.0%
Other kinds, too few of each —12.0%

How fast it moves

Median days on market, month by month. Taller means slower.

Oct 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Niagara Falls, rentals

Monthly closed leases in Niagara Falls
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	58	$2,200	$1,956 – $2,550	33	100.0%
Aug 2026	76	$2,125	$1,799 – $2,500	26	100.0%
Jul 2026	64	$2,400	$2,100 – $2,700	21	100.0%
Jun 2026	72	$2,425	$2,100 – $2,824	30	100.0%
May 2026	60	$2,300	$2,050 – $2,713	24	100.0%
Apr 2026	65	$2,250	$1,850 – $2,500	25	100.0%
Mar 2026	77	$2,200	$1,700 – $2,510	42	100.0%
Feb 2026	55	$2,200	$1,900 – $2,600	44	100.0%
Jan 2026	38	$2,300	$2,161 – $2,675	50	100.0%
Dec 2025	48	$2,000	$1,788 – $2,513	32	100.0%
Nov 2025	45	$2,350	$2,100 – $2,700	25	100.0%
Oct 2025	56	$2,300	$1,974 – $2,500	26	100.0%
Sep 2025	55	$2,400	$2,050 – $2,600	30	100.0%
Aug 2025	67	$2,400	$2,000 – $2,600	22	100.0%
Jul 2025	60	$2,450	$2,175 – $2,763	34	100.0%
Jun 2025	63	$2,300	$1,925 – $2,725	21	100.0%
May 2025	54	$2,395	$1,963 – $2,600	34	100.0%
Apr 2025	52	$2,273	$2,000 – $2,600	24	100.0%
Mar 2025	57	$2,350	$2,000 – $2,600	28	100.0%
Feb 2025	45	$2,300	$2,000 – $2,600	28	100.0%
Jan 2025	45	$2,300	$1,950 – $2,450	38	100.0%
Dec 2024	45	$2,350	$1,950 – $2,650	33	100.0%
Nov 2024	44	$2,375	$2,138 – $2,650	26	100.0%
Oct 2024	48	$2,400	$2,058 – $2,500	26	100.0%
Sep 2024	78	$2,475	$1,950 – $2,600	29	100.0%
Aug 2024	94	$2,475	$2,125 – $2,798	23	100.0%
Jul 2024	70	$2,388	$2,150 – $2,688	28	100.0%
Jun 2024	59	$2,500	$2,275 – $2,825	38	100.0%
May 2024	63	$2,350	$2,070 – $2,500	43	100.0%
Apr 2024	54	$2,350	$2,125 – $2,500	36	100.0%
Mar 2024	47	$2,450	$2,025 – $2,600	34	100.0%
Feb 2024	30	$2,370	$2,075 – $2,600	32	100.0%
Jan 2024	29	$2,250	$1,900 – $2,600	40	100.0%
Dec 2023	44	$2,350	$2,098 – $2,525	20	100.0%
Nov 2023	38	$2,400	$2,161 – $2,700	29	100.0%
Oct 2023	48	$2,363	$1,999 – $2,775	22	100.0%

What people ask about Niagara Falls

How much is rent in Niagara Falls?

The median lease in Niagara Falls closed at $2,255 a month over the 12 months to September 2026, across 714 leases.

Compiled by HOMEH from leases reported closed in Niagara Falls 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.

Questions, answered

Common questions about apartments & homes for rent in Niagara Falls

What is the average rent in Niagara Falls?

The median rent of the 214 rentals in Niagara Falls is $2,200/mo, from $700 to $4,200 a month.

Houses for rent in Niagara Falls

How much is a 1-bedroom apartment in Niagara Falls?

40 1-bedroom rentals are listed in Niagara Falls, with a median rent of $1,638/mo.

Condos for rent in Niagara Falls

How much is a 2-bedroom apartment in Niagara Falls?

73 2-bedroom rentals are listed in Niagara Falls, with a median rent of $1,975/mo.

Condos for rent in Niagara Falls

Keep looking

More Apartments & Homes for Rent in Niagara Falls

214 homes are for rent in Niagara Falls. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.