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Neighbourhood in Niagara-on-the-Lake
Homes for rent in Town
Town is a peaceful neighbourhood in Niagara-on-the-Lake, known for its friendly atmosphere and natural beauty. It offers a mix of residential options and a vibrant local community.
At a glance
Listed 5 days ago
- 3Bedrooms
- 4Bathrooms
- 1Garage
- 1.1K~1.5KSq.Ft.
Freehold TownhouseFor Rent
What it costsAffordability
Median asking price
$1,249,900
In Town
$1,249,900
In Niagara-on-the-Lake
$1,195,000
In Ontario
$709,900
Median monthly rent
$2,900/mo
In Town
$2,900
In Niagara-on-the-Lake
$3,500
In Ontario
$2,500
≈ 35.9 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
89
Median $1,249,900
Houses 75 · Condos 14
For rent
9
Median $2,900
Houses 8 · Condos 1
Recently sold
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Recently leased
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Market data as of 2026-10-25. 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
- Family-friendly environment
- Strong sense of community
- Low crime rates
- Good local amenities
Keep in mind
- Limited public transit options
- Higher housing prices than the city median
The feel of the placeLifestyle
Residents enjoy a relaxed lifestyle with access to nature and local shops. The area is ideal for those who appreciate quiet living.
Within the boundaryWhat's nearby
The boundary
13.6 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
11
Parks
4
Playgrounds
1
Grocery stores
30
Restaurants
4
Cafés
1
Libraries
2
Pharmacies
Counted across all 13.6 km² of Town. From OpenStreetMap, as of 2026-10-26.
The schoolsWhich schools, and how they rate
1
Elementary
Royal Oak Community School
Independent
Not rated
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Town, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source.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
6,254
Population (2021)
15.0 km²
Area
417
People per km²
65.2
Median age
$98,160
Median income
85%
Own their home
2.1
People per household
2,835
Households
Every age
- Children (under 15)6.2%
- Working age (15–64)43.2%
- Seniors (65+)50.6%
What is built here
- Detached houses76.5%
- Semi-detached2.4%
- Townhouses12.8%
- Duplexes0.5%
- Low-rise apartments7.3%
Own or rent
85%Owners
15%Renters
Across 2,835 households
When it was built
- 1960 or earlier20%
- 1961–198020%
- 1981–199013%
- 1991–200015%
- 2001–20059%
- 2006–20104%
- 2011–20159%
- 2016–20219%
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.
- 27.7%
- Born outside Canada
- 40.3%
- Hold a degree or higher
- 33.2%
- Employment rate
- 0%
- Commute by transit
- 88.9%
- Commute by car
- 1.6
- Children per family
- $85,120
- Median income after tax
- $134,728
- Average household income
- 7.8%
- Living on a low income
- $1,731/mo
- Renters pay, per month
- $994/mo
- Owners pay, per month
- $936,988
- Median home value at census
- 38.3%
- Renters spending 30%+ of income on housing
- 14.9%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 9 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 Town actually rent for
36 homes were leased in Town over the 12 months to September 2026. Half leased above $2,663 and half below, 18.0% lower than the 12 months before. A typical home found its tenant in 42 days — 4 days slower than a year ago.
- Median rent
- $2,663
- -18.0% year over year
- Days to lease
- 42
- 4 days slower
- Leases closed
- 36
- last 12 months
- Rent per square foot
- $2.04/mo
- from 30 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
$2,987/mo
on a $3,000 asking rent — under ask by $13
- Of the asking rent
- 99.6%
- Leased over asking
- 8.3%
From 36 leases that closed here in the last 12 months.
Rent or buy in Town
34.7 years
of rent, at the going rate here, adds up to what a home here costs.
Median sold price
$1,108,100
130 sales
Median rent
$2,663/mo
36 leases
Gross rental yield
2.88%
before costs
Both figures come from deals that actually closed in Town 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 — Town, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 5 | $2,875 | $2,500 – $3,200 | 15 | 100.0% |
| Aug 2026 | 1 | Not enough leases this month to report a median | |||
| Jul 2026 | 5 | $2,220 | $1,850 – $3,600 | 56 | 99.0% |
| Jun 2026 | 1 | Not enough leases this month to report a median | |||
| May 2026 | 3 | Not enough leases this month to report a median | |||
| Apr 2026 | 3 | Not enough leases this month to report a median | |||
| Mar 2026 | 3 | Not enough leases this month to report a median | |||
| Feb 2026 | 3 | Not enough leases this month to report a median | |||
| Jan 2026 | 4 | Not enough leases this month to report a median | |||
| Dec 2025 | 1 | Not enough leases this month to report a median | |||
| Nov 2025 | 4 | Not enough leases this month to report a median | |||
| Oct 2025 | 3 | Not enough leases this month to report a median | |||
| Sep 2025 | 4 | Not enough leases this month to report a median | |||
| Aug 2025 | 2 | Not enough leases this month to report a median | |||
| Jul 2025 | 4 | Not enough leases this month to report a median | |||
| Jun 2025 | 3 | Not enough leases this month to report a median | |||
| May 2025 | 3 | Not enough leases this month to report a median | |||
| Apr 2025 | 3 | Not enough leases this month to report a median | |||
| Mar 2025 | 1 | Not enough leases this month to report a median | |||
| Feb 2025 | 2 | Not enough leases this month to report a median | |||
| Jan 2025 | 2 | Not enough leases this month to report a median | |||
| Nov 2024 | 3 | Not enough leases this month to report a median | |||
| Oct 2024 | 3 | Not enough leases this month to report a median | |||
| Sep 2024 | 3 | Not enough leases this month to report a median | |||
| Aug 2024 | 4 | Not enough leases this month to report a median | |||
| Jul 2024 | 5 | $2,600 | $2,500 – $2,750 | 47 | 100.0% |
| Jun 2024 | 2 | Not enough leases this month to report a median | |||
| May 2024 | 1 | Not enough leases this month to report a median | |||
| Mar 2024 | 3 | Not enough leases this month to report a median | |||
| Feb 2024 | 2 | Not enough leases this month to report a median | |||
| Dec 2023 | 3 | Not enough leases this month to report a median | |||
| Nov 2023 | 3 | Not enough leases this month to report a median | |||
| Oct 2023 | 4 | Not enough leases this month to report a median | |||
30 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 Town
How much does a home cost in Town?
Homes in Town sold for a median of $1,108,100 over the 12 months to September 2026, across 130 closed sales — half sold for more and half for less. That is 9.7% lower than the 12 months before it.
How long does it take to sell a home in Town?
A home in Town took a median of 39 days on the market over the 12 months to September 2026. Homes there closed at 95.9% of the asking price on average, with 3.1% selling over asking.
How much is rent in Town?
The median lease in Town closed at $2,663 a month over the 12 months to September 2026, across 36 leases.
Is it cheaper to rent or buy in Town?
A home in Town costs about 34.7 years of the rent on one — the median price of $1,108,100 against a median rent of $2,663 a month, a gross yield of 2.88%. The shorter that number, the closer buying is to renting before financing costs.
Compiled by HOMEH from leases reported closed in Town 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
5 condo apartments and 10 condo townhouses are on the market in Town right now. Too few have closed here in the last year for us to publish a median we would stand behind.








