Loading homes in Niagara-on-the-Lake…

No listings match these filters in this area.

Try zooming out or widening your filters.

City in Ontario

Apartments & homes 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 21 rentals in Niagara-on-the-Lake, ON, with a median rent of $3,400/mo. 3 are 1-bedroom apartments and units and 1 has 2 bedrooms.

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

Niagara-on-the-Lake Rentals

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 Through September 2026 Moderate sales history

What Rent Costs in Niagara-on-the-Lake

72 homes were leased in Niagara-on-the-Lake over the 12 months to September 2026. Half leased above $2,869 and half below, 3.3% lower than the 12 months before. A typical home found its tenant in 32 days.

Median rent: $2,869; -3.3% year over year
Days to lease: 32; Unchanged
Leases closed: 72; last 12 months
Rent per square foot: $1.93/mo; from 65 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.

$4,136$3,299$2,463$1,627

Oct ’23Oct ’24Sep ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$2,984/mo

on a $3,000 asking rent — under ask by $16

−10%Asking rent+10%

Of the asking rent: 99.5%
Leased over asking: 8.3%

From 72 leases that closed here in the last 12 months.

Rent or buy in Niagara-on-the-Lake

27.7 years

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

Median sold price

$954,653

331 sales

Median rent

$2,869/mo

72 leases

Gross rental yield

3.61%

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.

What actually rents in Niagara-on-the-Lake

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

72leases

Detached$3,11316.7%
Other kinds, too few of each —83.3%

How fast it moves

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

Feb 2024Sep 2026

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
Sep 2026	5	$2,875	$2,500 – $3,200	15	100.0%
Aug 2026	7	$3,100	$2,950 – $3,325	17	100.0%
Jul 2026	7	$2,140	$1,875 – $2,750	64	100.0%
Jun 2026	5	$2,800	$2,795 – $3,200	41	100.0%
May 2026	6	$2,230	$1,953 – $2,500	17	99.0%
Apr 2026	5	$3,200	$3,100 – $3,200	33	97.3%
Mar 2026	7	$2,700	$1,800 – $3,800	39	100.0%
Feb 2026	7	$2,800	$2,675 – $3,250	42	100.0%
Jan 2026	6	$3,088	$2,700 – $3,269	16	100.0%
Dec 2025	3	Not enough leases this month to report a median
Nov 2025	8	$3,200	$2,838 – $3,963	32	97.7%
Oct 2025	6	$2,913	$2,738 – $2,994	24	100.0%
Sep 2025	10	$3,100	$2,821 – $3,500	24	100.0%
Aug 2025	3	Not enough leases this month to report a median
Jul 2025	5	$2,900	$2,700 – $3,000	19	100.0%
Jun 2025	8	$3,500	$3,175 – $3,763	29	100.0%
May 2025	9	$2,700	$2,595 – $3,500	11	100.0%
Apr 2025	8	$2,650	$2,188 – $3,450	22	98.4%
Mar 2025	3	Not enough leases this month to report a median
Feb 2025	3	Not enough leases this month to report a median
Jan 2025	5	$2,700	$2,500 – $3,140	50	100.0%
Dec 2024	1	Not enough leases this month to report a median
Nov 2024	4	Not enough leases this month to report a median
Oct 2024	9	$3,100	$2,400 – $3,500	36	100.0%
Sep 2024	6	$2,938	$2,300 – $3,369	34	100.0%
Aug 2024	11	$3,200	$2,850 – $3,400	28	100.0%
Jul 2024	9	$3,100	$2,600 – $3,425	26	100.0%
Jun 2024	6	$3,450	$3,100 – $3,500	27	100.0%
May 2024	4	Not enough leases this month to report a median
Apr 2024	2	Not enough leases this month to report a median
Mar 2024	5	$3,000	$3,000 – $3,000	84	100.0%
Feb 2024	6	$3,100	$2,875 – $3,100	30	100.0%
Jan 2024	1	Not enough leases this month to report a median
Dec 2023	4	Not enough leases this month to report a median
Nov 2023	5	$3,200	$2,050 – $3,200	29	100.0%
Oct 2023	4	Not enough leases this month to report a median

11 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 Niagara-on-the-Lake

How much is rent in Niagara-on-the-Lake?

The median lease in Niagara-on-the-Lake closed at $2,869 a month over the 12 months to September 2026, across 72 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 home. Not an appraisal or an opinion of value.

Questions, answered

Common questions about apartments & homes for rent in Niagara-on-the-Lake

What is the average rent in Niagara-on-the-Lake?

The median rent of the 21 rentals in Niagara-on-the-Lake is $3,400/mo, from $600 to $25,000 a month.

Houses for rent in Niagara-on-the-Lake

Keep looking

More Apartments & Homes for Rent 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.