The Drummond
7219 Sharon Ave,
Niagara Falls, ON L2G 3H1
1-2 Beds | $1,999 - $2,430
Rental Market Trends in Niagara Falls, ON
Updated September 2026
The average rent in Niagara Falls, ON is $1,725/month.
$1,725/month
Average Rent
618 Sq Ft
Average Size
+0.4%
Change / Year
186
Available Apartments
Niagara Falls rent varies by unit size and layout:
- Studio apartments in Niagara Falls average $1,249 per month.
- One-bedroom apartments in Niagara Falls average $1,725 per month.
- Two-bedroom apartments in Niagara Falls average $1,957 per month.
- Three-bedroom apartments in Niagara Falls average $2,362 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Niagara Falls, ON?
In the past year, rent has increased by 0.4%, which averages out to $7 more per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Niagara Falls, ON
September 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
3%
$700 - $1,000/month
13%
$1,001 - $1,500/month
52%
$1,501 - $2,000/month
32%
Above $2,000/month
What salary do I need to live comfortably in Niagara Falls, ON?
Because the average rent in Niagara Falls is $1,725, you’ll want to make about $5,750 per month or $69,000 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 Niagara Falls, ON compare to other nearby cities and neighbourhoods?
Use the tool below to compare Niagara Falls, 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.
View the Niagara Falls Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Thorold
Avg Rent: $1,731/month
-
Welland
Avg Rent: $1,693/month
-
Fort Erie
Avg Rent: $1,398/month
-
St Catharines
Avg Rent: $1,662/month
-
Pelham
Avg Rent: $1,401/month
Apartment Communities in Niagara Falls We Think You'll Love
Frequently Asked Questions
What is the average rent in Niagara Falls?
The average rent in Niagara Falls is $1,725 per month, which is 1.0% lower than the national average of $1,743.
What is the average rent for a house in Niagara Falls?
The average rent for a house in Niagara Falls, ON is $2,515 per month.
What is the average rent for a townhome in Niagara Falls?
The average rent for a townhome in Niagara Falls, ON is $2,109 per month.
Are rents going up or down in Niagara Falls?
Rents in Niagara Falls, ON are increasing, with prices up 0.4% year-over-year and $7 more per month.
What rent range is most common in Niagara Falls?
In Niagara Falls, ON, 52% 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.