Rental Market Trends in Fergus, ON

What is the average rent in Fergus, ON?

$1,696/month

Average Rent

586 Sq Ft

Average Apartment Size

-4.3%

Decrease in the Last Year

As of June 2026, the average rent in Fergus, ON was $1,696/month. When you rent an apartment in Fergus, you can expect to pay as little as $1,368 to as much as $2,005, depending on the location and size of the apartment.

Floor Plan Type

Average Rent

Average Sq Ft

Studio

$1,368/month

378 Sq Ft

One Bedroom

$1,696/month

586 Sq Ft

Two Bedroom

$1,957/month

916 Sq Ft

Three Bedroom

$2,005/month

999 Sq Ft

Floor Plan Type

Average Rent

Average Sq Ft

Floor Plan Type

Average Rent

Average Sq Ft

Floor Plan Type

Average Rent

Average Sq Ft

How much has average rent changed in Fergus, ON?

In the past year, rent has decreased by 4.3%, which averages out to $72 less per month.

Percentage*

Rent Range

0% Below $700/month

0% $700 - $1,000/month

0% $1,001 - $1,500/month

83% $1,501 - $2,000/month

17% Above $2,000/month

What salary do I need to live comfortably in Fergus, ON?

Because the average rent in Fergus is $1,696, you’ll want to make about $5,653 per month or $67,836 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.

Apartment Averages

Apartment communities in Fergus we think you'll love

22 Ryan St

22 Ryan St,
Fergus, ON N1M 0C9

$1,800

2 Beds

441 Wellington Rd 18

441 Wellington Rd 18,
Fergus, ON N1M 2W3

$2,200

1 Bed

27 Spicer St

27 Spicer St,
Fergus, ON N1M 0H7

$2,950

3 Beds

760 Woodhill Dr

760 Woodhill Dr,
Fergus, ON N1M 3W5

$1,900

1 Bed

Canada Ontario Fergus Rental Trends

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.