The Drummond
7219 Sharon Ave,
Niagara Falls, ON L2G 3H1
$1,999 - $2,149
1-2 Beds
Rental Market Trends in Niagara Falls, ON
What is the average rent in Niagara Falls, ON?
$1,707/month
Average Rent
616 Sq Ft
Average Apartment Size
-1%
Decrease in the Last Year
As of May 2026, the average rent in Niagara Falls, ON was $1,707/month. When you rent an apartment in Niagara Falls, you can expect to pay as little as $1,247 to as much as $2,357, depending on the location and size of the apartment.
Floor Plan Type
Average Rent
Average 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 Niagara Falls, ON?
In the past year, rent has decreased by 1%, which averages out to $16 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2026
Legend
2025
2026
Rent Ranges in Niagara Falls, ON
Last Updated May 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
3%
$700 - $1,000/month
14%
$1,001 - $1,500/month
48%
$1,501 - $2,000/month
34%
Above $2,000/month
Rent by Neighbourhood
Last Updated Today
What are the most affordable neighbourhoods in Niagara Falls?
Based on current rent prices, Orchard Park and Niagara Falls South" are the most affordable neighbourhoods in Niagara Falls.
Neighbourhood
Average Rent
Average Sq Ft
What are the most expensive neighbourhoods in Niagara Falls?
Based on current rent prices, Niagara Falls South and Orchard Park" are the most expensive neighbourhoods in Niagara Falls.
Neighbourhood
Average Rent
Average Sq Ft
Which Niagara Falls neighbourhoods have the most rentals available?
The neighbourhoods in Niagara Falls with the most apartments available are Niagara Falls South and Orchard Park" .
Neighbourhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Niagara Falls, ON?
Because the average rent in Niagara Falls is $1,707, you’ll want to make about $5,690 per month or $68,280 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.
Studio
$1,708/month
$1,253/month
One Bedroom
$1,767/month
$1,314/month
Two Bedroom
$2,029/month
$2,194/month
Three Bedroom
$2,345/month
-
Nearby City Rent Trends
Apartment communities in Niagara Falls we think you'll love
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.