940 St David St N
940 St David St N,
Fergus, ON N1M 0L7
2 Beds | $2,296
Rental Market Trends in Fergus, ON
Updated August 2026
The average rent in Fergus, ON is $1,652/month.
$1,652/month
Average Rent
586 Sq Ft
Average Size
-6.9%
Change / Year
22
Available Apartments
Fergus rent varies by unit size and layout:
- Studio apartments in Fergus average $1,344 per month.
- One-bedroom apartments in Fergus average $1,652 per month.
- Two-bedroom apartments in Fergus average $1,992 per month.
- Three-bedroom apartments in Fergus average $2,049 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Fergus, ON?
In the past year, rent has decreased by 6.9%, which averages out to $114 less per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Fergus, ON
August 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
67%
$1,501 - $2,000/month
33%
Above $2,000/month
What salary do I need to live comfortably in Fergus, ON?
Because the average rent in Fergus is $1,652, you’ll want to make about $5,506 per month or $66,072 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Fergus, ON compare to other nearby cities and neighbourhoods?
Use the tool below to compare Fergus, ON to other nearby cities and neighbourhoods. The Apartments.com neighbourhood guides provide you with insight into the area’s transportation, things to do, and more.
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Centre Wellington
Avg Rent: $1,916/month
-
Guelph/Eramosa
Avg Rent: $2,324/month
-
Woolwich
Avg Rent: $1,844/month
-
Erin
Avg Rent: $1,600/month
-
Guelph
Avg Rent: $1,918/month
-
Breslau
Avg Rent: $2,129/month
-
Wellington North
Avg Rent: $1,530/month
Apartment Communities in Fergus We Think You'll Love
Frequently Asked Questions
What is the average rent in Fergus?
The average rent in Fergus is $1,652 per month, which is 7.2% lower than the national average of $1,781.
Are rents going up or down in Fergus?
Rents in Fergus, ON are decreasing, with prices down 6.9% year-over-year and $114 less per month.
What rent range is most common in Fergus?
In Fergus, ON, 67% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.
Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.