Niagara Falls rent prices
What renters are paying across Niagara Falls and the Niagara Region. Updated 2026-07-01.
Niagara Falls and the wider Niagara Region are a softening, tenant-friendly market in mid-2026. Asking rents have eased year-over-year across most unit types, mirroring a Canada-wide decline, and the St. Catharines–Niagara vacancy rate has climbed to roughly 3.9% — a more-than-decade high. Niagara remains one of Ontario’s more affordable urban markets. Keep in mind that newly-listed (“asking”) rents run higher than what long-settled tenants pay on older purpose-built stock.
| Unit | Average | Typical range | Notes |
|---|---|---|---|
| Bachelor / Studio | ~$1,150 / mo | $1,050 – $1,400 | Thin supply, so figures are volatile — treat as indicative. |
| 1 Bedroom | ~$1,700 – $1,750 / mo | $1,500 – $1,950 | Roughly flat to modestly down year-over-year. |
| 2 Bedroom | ~$1,900 / mo (new listings) | $1,700 – $2,150 | Older purpose-built units rent nearer $1,500 (CMHC in-place average). |
| 3 Bedroom | ~$2,050 – $2,200 / mo | $1,900 – $2,500+ | Houses vary widely by condition and location; small sample — lower confidence. |
These are ranges, not precise quotes. Newly-listed “asking” rents (Zumper, Rentals.ca) run higher than CMHC’s survey of existing tenancies — a 2-bedroom asks ~$1,900 new versus ~$1,527 for older purpose-built stock. Aggregators disagree by month and sample, and bachelor and 3-bedroom data is thin, so treat those as indicative. Figures are Niagara Falls, Ontario (CAD), spanning January–June 2026.
Sources
- Zumper — Niagara Falls rent research — Overall avg $1,899; 1-bed $1,770; 2-bed $1,899 (Jun 2026)
- Rentals.ca, via the Niagara Independent — Niagara Falls 2-bed $1,899 (−9.4% YoY) (Jan 2026)
- CMHC Rental Market Report (St. Catharines–Niagara CMA) — Vacancy 3.9%; purpose-built 2-bed avg $1,527 (2025 survey)
- Rentals.ca National Rent Report — National avg ~$2,008 (35-month low) (Mar 2026)
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