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Rental Market Trends in Niagara Falls, ON

What is the average rent in Niagara Falls, ON?

C$1,821/month

Average Rent

601 Sq Ft

Average Apartment Size

+2.3%

Increase in the Last Year

As of June 2025, the average rent in Niagara Falls, ON was C$1,821/month. When you rent an apartment in Niagara Falls, you can expect to pay as little as C$1,144 to as much as C$2,354, depending on the location and size of the apartment.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
C$1,144/month
452 Sq Ft
One Bedroom
C$1,821/month
601 Sq Ft
Two Bedroom
C$1,941/month
774 Sq Ft
Three Bedroom
C$2,354/month
1,157 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
C$1,767/month
0 Sq Ft
Two Bedroom
C$2,405/month
0 Sq Ft
Three Bedroom
C$2,656/month
64 Sq Ft
Four Bedroom
C$2,885/month
105 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 Niagara Falls, ON?

In the past year, rent has increased by 2.3%, which averages out to C$42 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Niagara Falls, ON
Last Updated June 2025
C$1,501 - C$2,000
Most rental prices fall within this range
Rent Ranges in Niagara Falls, ON
Percentage*
Rent Range
0% Below C$700/month
4% C$700 - C$1,000/month
12% C$1,001 - C$1,500/month
58% C$1,501 - C$2,000/month
27% Above C$2,000/month

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

Because the average rent in Niagara Falls is C$1,821, you’ll want to make about C$6,070 per month or C$72,840 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.

City

Niagara Falls, ON

116 Available Apartments for Rent

Search for Nearby Apartments

How does Niagara Falls, ON compare to other nearby cities and neighborhoods?

Use the tool below to compare Niagara Falls, ON to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Nearby City Rent Trends

  • Thorold Average Rent
  • Welland Average Rent
  • Fort Erie Average Rent
  • St Catharines Average Rent
  • Pelham Average Rent

Apartment communities in Niagara Falls we think you'll love

6479 Montrose Rd

6479 Montrose Rd

6479 Montrose Rd,
Niagara Falls, ON L2H 1M1

1-2 Beds | C$2,099 - C$2,399

8196 McLeod Rd

8196 McLeod Rd

8196 McLeod Rd,
Niagara Falls, ON L2H 3N3

Studio | C$1,595

4263-4263 Fourth Ave

4263-4263 Fourth Ave

4263-4263 Fourth Ave,
Niagara Falls, ON L2E 0C2

2 Beds | C$1,700

4120 Acheson Ave

4120 Acheson Ave

4120 Acheson Ave,
Niagara Falls, ON L2E 3L9

3 Beds | C$2,500

Canada Ontario Niagara Falls 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.

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