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Rental Market Trends in St Thomas, ON

What is the average rent in St Thomas, ON?

$1,698/month

Average Rent

511 Sq Ft

Average Apartment Size

+2.3%

Increase in the Last Year

As of April 2026, the average rent in St Thomas, ON was $1,698/month. When you rent an apartment in St Thomas, you can expect to pay as little as $1,340 to as much as $2,266, depending on the location and size of the apartment.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,340/month
269 Sq Ft
One Bedroom
$1,698/month
511 Sq Ft
Two Bedroom
$2,003/month
816 Sq Ft
Three Bedroom
$2,266/month
1,100 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 St Thomas, ON?

In the past year, rent has increased by 2.3%, which averages out to $40 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in St Thomas, ON
Last Updated April 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in St Thomas, ON
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 St Thomas, ON?

Because the average rent in St Thomas is $1,698, you’ll want to make about $5,660 per month or $67,920 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

St Thomas, ON

43 Available Apartments for Rent

Search for Nearby Apartments

How does St Thomas, ON compare to other nearby cities and neighborhoods?

Use the tool below to compare St Thomas, 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

  • London Average Rent

Apartment communities in St Thomas we think you'll love

48 Vanbuskirk Dr

48 Vanbuskirk Dr

48 Vanbuskirk Dr,
St. Thomas, ON N5R 4Z2

$5,112

4 Beds

69 Curtis St

69 Curtis St

69 Curtis St,
St. Thomas, ON N5P 1H9

$1,750

2 Beds

69 Curtis St

69 Curtis St

69 Curtis St,
St. Thomas, ON N5P 1H9

$1,750

2 Beds

69 Curtis St

69 Curtis St

69 Curtis St,
St. Thomas, ON N5P 1H9

$1,500

1 Bed

Canada Ontario St Thomas 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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Equal Housing Opportunity