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August 2025 · Burlington
Average Rent in Burlington — August 2025
125 confirmed residential leases in Burlington in August 2025. Average rent $3,249/month. Mixed conditions across property types.
Avg Lease Price $3,249/mo
Median Lease $3,150/mo
Avg Asking $3,271/mo
Lease / Ask 99.3%
Leased Over Asking 8.8%
Avg DOM 49 days
Total Leased
125
all residential
Avg Lease Price
$3,249
per month
Median Lease
$3,150
mid-point
Lease / Ask
99.3%
avg ratio
Over Asking
8.8%
of all leases
Avg DOM
49
days on market
Lease Prices by Property Type
Burlington · August 2025
💰 Lease Price Summary
Average Lease $3,249/mo
Median Lease $3,150/mo
Avg Asking Rent $3,271/mo
Lowest Lease $1,800
Highest Lease $9,250
Lease / Ask Ratio 99.3%
📊 Market Activity
Leased over asking 8.8%
Leased at asking 60.0%
Leased under asking 31.2%
Avg Days on Market 49 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.8% over vs 31.2% under asking.
💰 Lease Price Summary
Average Lease $2,845/mo
Median Lease $2,650/mo
Avg Asking Rent $2,860/mo
Lowest Lease $1,950
Highest Lease $9,250
Lease / Ask Ratio 99.5%
📊 Market Activity
Leased over asking 9.2%
Leased at asking 63.1%
Leased under asking 27.7%
Avg Days on Market 50 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.2% over vs 27.7% under asking.
💰 Lease Price Summary
Average Lease $3,934/mo
Median Lease $3,800/mo
Avg Asking Rent $3,969/mo
Lowest Lease $1,800
Highest Lease $7,500
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 7.7%
Leased at asking 53.8%
Leased under asking 38.5%
Avg Days on Market 49 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.7% over vs 38.5% under asking.
💰 Lease Price Summary
Average Lease $3,289/mo
Median Lease $3,300/mo
Avg Asking Rent $3,303/mo
Lowest Lease $2,590
Highest Lease $5,000
Lease / Ask Ratio 99.6%
📊 Market Activity
Leased over asking 9.1%
Leased at asking 69.7%
Leased under asking 21.2%
Avg Days on Market 45 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.1% over vs 21.2% under asking.
💰 Lease Price Summary
Average Lease $2,250/mo
Median Lease $2,250/mo
Avg Asking Rent $2,250/mo
Lowest Lease $2,100
Highest Lease $2,400
Lease / Ask Ratio 100.0%
📊 Market Activity
Leased over asking 50.0%
Leased at asking 0.0%
Leased under asking 50.0%
Avg Days on Market 41 days
Fast · 050Slow · 100+
🔥 High demand — 50% leased above asking at a 100% lease-to-ask ratio.
Nearby Cities · August 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Oakville | $3,309 | $3,000 | 99.2% | 41d | ⚖️ Balanced |
| Hamilton | $2,326 | $2,160 | 99.5% | 50d | ⚖️ Balanced |
| Mississauga | $2,769 | $2,650 | 99.3% | 42d | ⚖️ Balanced |
| Milton | $2,924 | $3,000 | 99.7% | 40d | ⚖️ Balanced |
Frequently Asked Questions
Burlington · August 2025
The average confirmed lease in Burlington was $3,249/month in August 2025,
based on 125 MLS® transactions. The median was
$3,150/month.
Condos averaged $2,845/mo, freehold averaged $3,934/mo, and townhouses averaged $3,289/mo.
Units in Burlington took an average of 49 days to lease in August 2025.
Freehold rentals averaged 49 days while condos averaged 50 days.
In August 2025, condos averaged $2,845/month while freehold rentals averaged $3,934/month —
a difference of $1,089/month.
Burlington averaged $3,249/month in August 2025. Oakville averaged $3,309/mo. Milton averaged $2,924/mo. See the full August 2025 Ontario lease summary →
Looking to rent in Burlington?
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 Burlington, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
