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July 2025 · Burlington
Average Rent in Burlington — July 2025
129 confirmed residential leases in Burlington in July 2025. Average rent $3,118/month. Mixed conditions across property types.
Avg Lease Price $3,118/mo
Median Lease $3,000/mo
Avg Asking $3,133/mo
Lease / Ask 99.5%
Leased Over Asking 8.5%
Avg DOM 47 days
Total Leased
129
all residential
Avg Lease Price
$3,118
per month
Median Lease
$3,000
mid-point
Lease / Ask
99.5%
avg ratio
Over Asking
8.5%
of all leases
Avg DOM
47
days on market
Lease Prices by Property Type
Burlington · July 2025
💰 Lease Price Summary
Average Lease $3,118/mo
Median Lease $3,000/mo
Avg Asking Rent $3,133/mo
Lowest Lease $1,700
Highest Lease $9,500
Lease / Ask Ratio 99.5%
📊 Market Activity
Leased over asking 8.5%
Leased at asking 69.8%
Leased under asking 21.7%
Avg Days on Market 47 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.5% over vs 21.7% under asking.
💰 Lease Price Summary
Average Lease $2,649/mo
Median Lease $2,475/mo
Avg Asking Rent $2,664/mo
Lowest Lease $1,850
Highest Lease $5,000
Lease / Ask Ratio 99.4%
📊 Market Activity
Leased over asking 5.6%
Leased at asking 72.2%
Leased under asking 22.2%
Avg Days on Market 48 days
Fast · 050Slow · 100+
⚖️ Balanced — 5.6% over vs 22.2% under asking.
💰 Lease Price Summary
Average Lease $3,848/mo
Median Lease $3,700/mo
Avg Asking Rent $3,867/mo
Lowest Lease $1,700
Highest Lease $9,500
Lease / Ask Ratio 99.5%
📊 Market Activity
Leased over asking 5.3%
Leased at asking 71.1%
Leased under asking 23.7%
Avg Days on Market 48 days
Fast · 050Slow · 100+
⚖️ Balanced — 5.3% over vs 23.7% under asking.
💰 Lease Price Summary
Average Lease $3,362/mo
Median Lease $3,495/mo
Avg Asking Rent $3,382/mo
Lowest Lease $1,900
Highest Lease $5,000
Lease / Ask Ratio 99.4%
📊 Market Activity
Leased over asking 19.4%
Leased at asking 54.8%
Leased under asking 25.8%
Avg Days on Market 45 days
Fast · 050Slow · 100+
⚖️ Balanced — 19.4% over vs 25.8% under asking.
💰 Lease Price Summary
Average Lease $2,900/mo
Median Lease $2,900/mo
Avg Asking Rent $2,900/mo
Lowest Lease $2,200
Highest Lease $3,600
Lease / Ask Ratio 100.0%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 100.0%
Leased under asking 0.0%
Avg Days on Market 56 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Nearby Cities · July 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Oakville | $3,244 | $2,850 | 99.2% | 44d | ⚖️ Balanced |
| Hamilton | $2,507 | $2,463 | 99.8% | 50d | ⚖️ Balanced |
| Mississauga | $2,781 | $2,600 | 99.1% | 42d | ⚖️ Balanced |
| Milton | $2,924 | $3,000 | 100.1% | 39d | ⚖️ Balanced |
Frequently Asked Questions
Burlington · July 2025
The average confirmed lease in Burlington was $3,118/month in July 2025,
based on 129 MLS® transactions. The median was
$3,000/month.
Condos averaged $2,649/mo, freehold averaged $3,848/mo, and townhouses averaged $3,362/mo.
Units in Burlington took an average of 47 days to lease in July 2025.
Freehold rentals averaged 48 days while condos averaged 48 days.
In July 2025, condos averaged $2,649/month while freehold rentals averaged $3,848/month —
a difference of $1,199/month.
Burlington averaged $3,118/month in July 2025. Oakville averaged $3,244/mo. Milton averaged $2,924/mo. See the full July 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.
