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January 2026 · Burlington
Average Rent in Burlington — January 2026
94 confirmed residential leases in Burlington in January 2026. Average rent $2,910/month. Mixed conditions across property types.
Avg Lease Price $2,910/mo
Median Lease $2,850/mo
Avg Asking $2,953/mo
Lease / Ask 98.5%
Leased Over Asking 6.4%
Avg DOM 55 days
Total Leased
94
all residential
Avg Lease Price
$2,910
per month
Median Lease
$2,850
mid-point
Lease / Ask
98.5%
avg ratio
Over Asking
6.4%
of all leases
Avg DOM
55
days on market
Lease Prices by Property Type
Burlington · January 2026
💰 Lease Price Summary
Average Lease $2,910/mo
Median Lease $2,850/mo
Avg Asking Rent $2,953/mo
Lowest Lease $1,500
Highest Lease $7,500
Lease / Ask Ratio 98.5%
📊 Market Activity
Leased over asking 6.4%
Leased at asking 57.4%
Leased under asking 36.2%
Avg Days on Market 55 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.4% over vs 36.2% under asking.
💰 Lease Price Summary
Average Lease $2,651/mo
Median Lease $2,400/mo
Avg Asking Rent $2,706/mo
Lowest Lease $1,900
Highest Lease $7,500
Lease / Ask Ratio 98.0%
📊 Market Activity
Leased over asking 2.0%
Leased at asking 52.9%
Leased under asking 45.1%
Avg Days on Market 55 days
Fast · 050Slow · 100+
⚖️ Balanced — 2% over vs 45.1% under asking.
💰 Lease Price Summary
Average Lease $3,344/mo
Median Lease $3,400/mo
Avg Asking Rent $3,385/mo
Lowest Lease $1,500
Highest Lease $6,400
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 11.8%
Leased at asking 58.8%
Leased under asking 29.4%
Avg Days on Market 56 days
Fast · 050Slow · 100+
⚖️ Balanced — 11.8% over vs 29.4% under asking.
💰 Lease Price Summary
Average Lease $3,029/mo
Median Lease $3,050/mo
Avg Asking Rent $3,044/mo
Lowest Lease $2,300
Highest Lease $3,900
Lease / Ask Ratio 99.5%
📊 Market Activity
Leased over asking 7.1%
Leased at asking 71.4%
Leased under asking 21.4%
Avg Days on Market 47 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.1% over vs 21.4% under asking.
💰 Lease Price Summary
Average Lease $2,078/mo
Median Lease $2,200/mo
Avg Asking Rent $1,977/mo
Lowest Lease $1,785
Highest Lease $2,250
Lease / Ask Ratio 105.1%
📊 Market Activity
Leased over asking 33.3%
Leased at asking 66.7%
Leased under asking 0.0%
Avg Days on Market 49 days
Fast · 050Slow · 100+
⚖️ Balanced — 33.3% over vs 0% under asking.
Nearby Cities · January 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Oakville | $3,122 | $2,800 | 98.6% | 52d | ⚖️ Balanced |
| Hamilton | $2,419 | $2,400 | 99.6% | 59d | ⚖️ Balanced |
| Mississauga | $2,560 | $2,450 | 98.5% | 47d | ⚖️ Balanced |
| Milton | $2,652 | $2,675 | 98.7% | 46d | ⚖️ Balanced |
Frequently Asked Questions
Burlington · January 2026
The average confirmed lease in Burlington was $2,910/month in January 2026,
based on 94 MLS® transactions. The median was
$2,850/month.
Condos averaged $2,651/mo, freehold averaged $3,344/mo, and townhouses averaged $3,029/mo.
Units in Burlington took an average of 55 days to lease in January 2026.
Freehold rentals averaged 56 days while condos averaged 55 days.
In January 2026, condos averaged $2,651/month while freehold rentals averaged $3,344/month —
a difference of $693/month.
Burlington averaged $2,910/month in January 2026. Oakville averaged $3,122/mo. Milton averaged $2,652/mo. See the full January 2026 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.
