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July 2026 · Burlington
Average Rent in Burlington — July 2026
226 confirmed residential leases in Burlington in July 2026. Average rent $2,658/month. Mixed conditions across property types.
Avg Lease Price $2,658/mo
Median Lease $2,425/mo
Avg Asking $2,685/mo
Lease / Ask 99.0%
Leased Over Asking 14.2%
Avg DOM 28 days
Previous Months
Total Leased
226
all residential
Avg Lease Price
$2,658
per month
Median Lease
$2,425
mid-point
Lease / Ask
99.0%
avg ratio
Over Asking
14.2%
of all leases
Avg DOM
28
days on market
Lease Prices by Property Type
Burlington · July 2026
💰 Lease Price Summary
Average Lease $2,658/mo
Median Lease $2,425/mo
Avg Asking Rent $2,685/mo
Lowest Lease $1,100
Highest Lease $5,650
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 14.2%
Leased at asking 58.0%
Leased under asking 27.9%
Avg Days on Market 28 days
Fast · 050Slow · 100+
⚖️ Balanced — 14.2% over vs 27.9% under asking.
💰 Lease Price Summary
Average Lease $2,402/mo
Median Lease $2,300/mo
Avg Asking Rent $2,425/mo
Lowest Lease $1,575
Highest Lease $4,500
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 11.8%
Leased at asking 60.2%
Leased under asking 28.0%
Avg Days on Market 31 days
Fast · 050Slow · 100+
⚖️ Balanced — 11.8% over vs 28% under asking.
💰 Lease Price Summary
Average Lease $3,367/mo
Median Lease $3,500/mo
Avg Asking Rent $3,432/mo
Lowest Lease $1,100
Highest Lease $5,650
Lease / Ask Ratio 98.1%
📊 Market Activity
Leased over asking 21.4%
Leased at asking 47.6%
Leased under asking 31.0%
Avg Days on Market 22 days
Fast · 050Slow · 100+
⚖️ Balanced — 21.4% over vs 31% under asking.
💰 Lease Price Summary
Average Lease $3,122/mo
Median Lease $3,100/mo
Avg Asking Rent $3,128/mo
Lowest Lease $1,850
Highest Lease $4,500
Lease / Ask Ratio 99.8%
📊 Market Activity
Leased over asking 13.5%
Leased at asking 64.9%
Leased under asking 21.6%
Avg Days on Market 15 days
Fast · 050Slow · 100+
⚖️ Balanced — 13.5% over vs 21.6% under asking.
💰 Lease Price Summary
Average Lease $2,032/mo
Median Lease $1,895/mo
Avg Asking Rent $2,073/mo
Lowest Lease $1,725
Highest Lease $2,475
Lease / Ask Ratio 98.0%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 66.7%
Leased under asking 33.3%
Avg Days on Market 69 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 33.3% under asking.
Nearby Cities · July 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Oakville | $3,309 | $2,900 | 99.5% | 19d | ⚖️ Balanced |
| Hamilton | $2,376 | $2,300 | 99.7% | 36d | ⚖️ Balanced |
| Mississauga | $2,722 | $2,600 | 99.6% | 21d | ⚖️ Balanced |
| Milton | $2,756 | $2,800 | 100.0% | 23d | ⚖️ Balanced |
Frequently Asked Questions
Burlington · July 2026
The average confirmed lease in Burlington was $2,658/month in July 2026,
based on 226 MLS® transactions. The median was
$2,425/month.
Condos averaged $2,402/mo, freehold averaged $3,367/mo, and townhouses averaged $3,122/mo.
Units in Burlington took an average of 28 days to lease in July 2026.
Freehold rentals averaged 22 days while condos averaged 31 days.
In July 2026, condos averaged $2,402/month while freehold rentals averaged $3,367/month —
a difference of $965/month.
Burlington averaged $2,658/month in July 2026. Mississauga averaged $2,722/mo. Hamilton averaged $2,376/mo. See the full July 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.
