Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Call Now: 416-939-2500 Email: vikas@vikaspalan.com
May 2026 · Brampton
Average Rent in Brampton — May 2026
356 confirmed residential leases in Brampton in May 2026. Average rent $2,607/month. Mixed conditions across property types.
Avg Lease Price $2,607/mo
Median Lease $2,650/mo
Avg Asking $2,636/mo
Lease / Ask 98.9%
Leased Over Asking 11.2%
Avg DOM 30 days
Previous Months
Total Leased
356
all residential
Avg Lease Price
$2,607
per month
Median Lease
$2,650
mid-point
Lease / Ask
98.9%
avg ratio
Over Asking
11.2%
of all leases
Avg DOM
30
days on market
Lease Prices by Property Type
Brampton · May 2026
💰 Lease Price Summary
Average Lease $2,607/mo
Median Lease $2,650/mo
Avg Asking Rent $2,636/mo
Lowest Lease $749
Highest Lease $7,900
Lease / Ask Ratio 98.9%
📊 Market Activity
Leased over asking 11.2%
Leased at asking 47.2%
Leased under asking 41.6%
Avg Days on Market 30 days
Fast · 050Slow · 100+
⚖️ Balanced — 11.2% over vs 41.6% under asking.
💰 Lease Price Summary
Average Lease $2,353/mo
Median Lease $2,350/mo
Avg Asking Rent $2,392/mo
Lowest Lease $1,650
Highest Lease $3,166
Lease / Ask Ratio 98.4%
📊 Market Activity
Leased over asking 5.5%
Leased at asking 43.8%
Leased under asking 50.7%
Avg Days on Market 28 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 50.7% leased below asking. Avg 28 days on market.
💰 Lease Price Summary
Average Lease $2,673/mo
Median Lease $2,710/mo
Avg Asking Rent $2,698/mo
Lowest Lease $749
Highest Lease $7,900
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 12.6%
Leased at asking 46.1%
Leased under asking 41.3%
Avg Days on Market 33 days
Fast · 050Slow · 100+
⚖️ Balanced — 12.6% over vs 41.3% under asking.
💰 Lease Price Summary
Average Lease $2,790/mo
Median Lease $2,800/mo
Avg Asking Rent $2,822/mo
Lowest Lease $1,180
Highest Lease $3,600
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 13.3%
Leased at asking 47.0%
Leased under asking 39.8%
Avg Days on Market 23 days
Fast · 050Slow · 100+
⚖️ Balanced — 13.3% over vs 39.8% under asking.
💰 Lease Price Summary
Average Lease $1,742/mo
Median Lease $1,750/mo
Avg Asking Rent $1,735/mo
Lowest Lease $1,150
Highest Lease $2,700
Lease / Ask Ratio 100.5%
📊 Market Activity
Leased over asking 15.4%
Leased at asking 76.9%
Leased under asking 7.7%
Avg Days on Market 25 days
Fast · 050Slow · 100+
⚖️ Balanced — 15.4% over vs 7.7% under asking.
Nearby Cities · May 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Mississauga | $2,687 | $2,580 | 99.0% | 26d | ⚖️ Balanced |
| Toronto | $2,751 | $2,500 | 99.7% | 23d | ⚖️ Balanced |
| Caledon | $2,992 | $3,000 | 99.5% | 21d | ⚖️ Balanced |
| Vaughan | $2,687 | $2,400 | 99.8% | 26d | ⚖️ Balanced |
| Halton Hills | $2,436 | $2,500 | 98.5% | 29d | ⚖️ Balanced |
Frequently Asked Questions
Brampton · May 2026
The average confirmed lease in Brampton was $2,607/month in May 2026,
based on 356 MLS® transactions. The median was
$2,650/month.
Condos averaged $2,353/mo, freehold averaged $2,673/mo, and townhouses averaged $2,790/mo.
Units in Brampton took an average of 30 days to lease in May 2026.
Freehold rentals averaged 33 days while condos averaged 28 days.
In May 2026, condos averaged $2,353/month while freehold rentals averaged $2,673/month —
a difference of $320/month.
Brampton averaged $2,607/month in May 2026. Mississauga averaged $2,687/mo. Halton Hills averaged $2,436/mo. See the full May 2026 Ontario lease summary →
Looking to rent in Brampton?
Browse available rentals or connect with a local agent who knows the rental market.
Data note: Based on MLS® confirmed lease transaction data held in our system for Brampton, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
