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City in Ontario

Houses for rent in Niagara-on-the-Lake

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

There are 8 houses and homes for rent in Niagara-on-the-Lake today, with a median rent of $6,500/mo (+91% vs. all rentals in Niagara-on-the-Lake). 3 are 3-bedroom houses. The most active neighbourhoods are St. Davids, Town and Lakeshore.

family-friendly quiet community-oriented

19,088 people lived in Niagara-on-the-Lake at the 2021 Census, in 7,875 households. 84% of households owned their home and 15% rented. The most common homes were single-detached houses (79%) and row houses (9%). 38% of homes were built before 1981, and 23% since 2011. 90% of commuters went to work by car and 0% by public transit.

High school rating: 9 Total homes for sale: 293

Niagara-on-the-Lake, Ontario

Houses & Homes for Rent in Niagara-on-the-Lake

Day to dayLivability

Schools near listings

out of 10 · averaged over 2,704 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

$1,199,000

67% above Ontario

In Niagara-on-the-Lake

$1,199,000

In Ontario

$716,900

Median monthly rent

$3,400/mo

36% above Ontario

In Niagara-on-the-Lake

$3,400

In Ontario

$2,499

$545

Per square foot

≈ 29.4 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

249

Median $1,199,000

Houses 216 · Condos 32

For rent

Median $3,400

Houses 20 · Condos 1

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

Strong school ratings
Many parks for outdoor activities
Diverse housing options available

Keep in mind

Prices are above provincial median
Limited public transit options

The feel of the placeLifestyle

Daily life is relaxed with access to parks and community activities. The area is suitable for families and those seeking a quieter environment.

Great for families retirees first-time buyers

Within the boundaryWhat's nearby

The boundary

147.5 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

Grocery stores

Restaurants

Cafés

Libraries

Pharmacies

Counted across all 147.5 km² of Niagara-on-the-Lake. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

8.4/10

Average rating of the 3 rated schools in this area

Elementary

Secondary

St Davids Public School
Public · Grades JK–8 · DSB Niagara
9.8/108.8 over 5 yrs
25th of 3,045 Ontario elementary schools
445 students · EQAO 2024-2025
Crossroads Public School
Public · Grades JK–8 · DSB Niagara
8.4/107.3 over 5 yrs
209th of 3,045 Ontario elementary schools
420 students · EQAO 2024-2025
St Michael Catholic Elementary School
Catholic · Grades JK–8 · Niagara CDSB
7.1/107.9 over 5 yrs
808th of 3,045 Ontario elementary schools
265 students · EQAO 2024-2025
Penfield Academy
Independent
Not rated
Royal Oak Community School
Independent
Not rated
Vineridge Academy
Independent
Not rated

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

19,088

Population (2021)

131.4 km²

Area

145

People per km²

55.8

Median age

$98,216

Median income

84%

Own their home

2.4

People per household

7,875

Households

Every age

Children (under 15)11.0%
Working age (15–64)52.8%
Seniors (65+)36.2%

What is built here

Detached houses79.2%
Semi-detached5.4%
Townhouses9.2%
Low-rise apartments5.3%

Own or rent

84%Owners

15%Renters

Across 7,875 households

When it was built

Mostly 1960 or earlier

1960 or earlier20%
1961–198018%
1981–19909%
1991–200010%
2001–200511%
2006–20108%
2011–201513%
2016–202110%

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.

26.3%
Born outside Canada: 31.9%
Hold a degree or higher: 43%
Employment rate: 0.4%
Commute by transit: 90%
Commute by car: 1.8
Children per family: $85,497
Median income after tax: $127,154
Average household income: 8.2%
Living on a low income: $1,658/mo
Renters pay, per month: $1,012/mo
Owners pay, per month: $861,421
Median home value at census: 40.5%
Renters spending 30%+ of income on housing: 13.9%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 24 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 Detached houses only Through September 2026 Thin sales history — read the monthly counts

What a House Rents For in Niagara-on-the-Lake

12 detached houses were leased in Niagara-on-the-Lake over the 12 months to September 2026. Half leased above $3,113 and half below, 3.3% lower than the 12 months before. A typical detached house found its tenant in 36 days — 16 days slower than a year ago.

Median rent: $3,113; -3.3% year over year
Days to lease: 36; 16 days slower
Leases closed: 12; last 12 months
Rent per square foot: $2.02/mo; from 12 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 detached house here differs from the next.

$4,117$3,431$2,744$2,058

Jul ’24Apr ’25Jun ’25Nov ’25

Median rent Middle half of leases

What renters actually paid

$2,945/mo

on a $3,000 asking rent — under ask by $55

−10%Asking rent+10%

Of the asking rent: 98.2%
Leased over asking: 0%

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

Rent or buy in Niagara-on-the-Lake

30.6 years

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

Median sold price

$1,144,176

213 sales

Median rent

$3,113/mo

12 leases

Gross rental yield

3.26%

before costs

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

How fast it moves

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

Jul 2024Nov 2025

Terracotta marks the last 12 months.

Every month behind these charts — Niagara-on-the-Lake, rentals

Monthly closed leases in Niagara-on-the-Lake
Month	Closed	Median	Middle half	Days	% of ask
Nov 2025	7	$3,300	$2,800 – $3,975	35	96.9%
Oct 2025	5	$2,850	$2,700 – $3,000	38	100.0%
Sep 2025	6	$3,500	$3,200 – $3,575	11	100.0%
Jun 2025	6	$3,500	$3,275 – $3,688	29	100.0%
May 2025	8	$2,650	$2,571 – $3,138	13	100.0%
Apr 2025	5	$3,300	$2,200 – $3,900	23	100.0%
Oct 2024	6	$3,350	$3,125 – $3,725	30	100.0%
Aug 2024	5	$3,400	$3,000 – $3,490	28	100.0%
Jul 2024	5	$3,425	$2,750 – $3,750	25	100.0%

What people ask about Niagara-on-the-Lake

How much is rent for a detached house in Niagara-on-the-Lake?

The median detached house lease in Niagara-on-the-Lake closed at $3,113 a month over the 12 months to September 2026, across 12 leases.

Compiled by HOMEH from leases reported closed in Niagara-on-the-Lake 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 detached house. Not an appraisal or an opinion of value.

Questions, answered

Common questions about houses for rent in Niagara-on-the-Lake

How much does it cost to rent a house in Niagara-on-the-Lake?

The median rent of the 8 houses for rent in Niagara-on-the-Lake is $6,500/mo, from $2,200 to $25,000 a month. That is 91% above the median of all rentals in Niagara-on-the-Lake.

All rentals in Niagara-on-the-Lake

Are there 3- and 4-bedroom houses for rent in Niagara-on-the-Lake?

Yes. Niagara-on-the-Lake has 3 3-bedroom houses and 3 4-bedroom houses for rent right now.

All rentals in Niagara-on-the-Lake

Keep looking

More Rentals in Niagara-on-the-Lake

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