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March 2026 · Burlington
Average Rent in Burlington — March 2026
122 confirmed residential leases in Burlington in March 2026. Average rent $2,870/month. Mixed conditions across property types.
Avg Lease Price $2,870/mo
Median Lease $2,825/mo
Avg Asking $2,896/mo
Lease / Ask 99.1%
Leased Over Asking 7.4%
Avg DOM 51 days
Total Leased
122
all residential
Avg Lease Price
$2,870
per month
Median Lease
$2,825
mid-point
Lease / Ask
99.1%
avg ratio
Over Asking
7.4%
of all leases
Avg DOM
51
days on market
Lease Prices by Property Type
Burlington · March 2026
💰 Lease Price Summary
Average Lease $2,870/mo
Median Lease $2,825/mo
Avg Asking Rent $2,896/mo
Lowest Lease $1,600
Highest Lease $5,750
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 7.4%
Leased at asking 63.1%
Leased under asking 29.5%
Avg Days on Market 51 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.4% over vs 29.5% under asking.
💰 Lease Price Summary
Average Lease $2,585/mo
Median Lease $2,500/mo
Avg Asking Rent $2,612/mo
Lowest Lease $1,800
Highest Lease $4,250
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 7.8%
Leased at asking 58.4%
Leased under asking 33.8%
Avg Days on Market 51 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.8% over vs 33.8% under asking.
💰 Lease Price Summary
Average Lease $3,602/mo
Median Lease $3,600/mo
Avg Asking Rent $3,622/mo
Lowest Lease $1,650
Highest Lease $5,750
Lease / Ask Ratio 99.4%
📊 Market Activity
Leased over asking 6.9%
Leased at asking 72.4%
Leased under asking 20.7%
Avg Days on Market 50 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.9% over vs 20.7% under asking.
💰 Lease Price Summary
Average Lease $2,994/mo
Median Lease $3,000/mo
Avg Asking Rent $3,023/mo
Lowest Lease $2,000
Highest Lease $3,800
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 3.2%
Leased at asking 74.2%
Leased under asking 22.6%
Avg Days on Market 53 days
Fast · 050Slow · 100+
⚖️ Balanced — 3.2% over vs 22.6% under asking.
💰 Lease Price Summary
Average Lease $2,212/mo
Median Lease $2,175/mo
Avg Asking Rent $2,212/mo
Lowest Lease $1,600
Highest Lease $2,900
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 40 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Nearby Cities · March 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Oakville | $3,003 | $2,750 | 98.6% | 50d | ⚖️ Balanced |
| Hamilton | $2,301 | $2,200 | 99.0% | 59d | ⚖️ Balanced |
| Mississauga | $2,590 | $2,450 | 98.7% | 48d | ⚖️ Balanced |
| Milton | $2,678 | $2,700 | 99.3% | 47d | ⚖️ Balanced |
Frequently Asked Questions
Burlington · March 2026
The average confirmed lease in Burlington was $2,870/month in March 2026,
based on 122 MLS® transactions. The median was
$2,825/month.
Condos averaged $2,585/mo, freehold averaged $3,602/mo, and townhouses averaged $2,994/mo.
Units in Burlington took an average of 51 days to lease in March 2026.
Freehold rentals averaged 50 days while condos averaged 51 days.
In March 2026, condos averaged $2,585/month while freehold rentals averaged $3,602/month —
a difference of $1,017/month.
Burlington averaged $2,870/month in March 2026. Oakville averaged $3,003/mo. Milton averaged $2,678/mo. See the full March 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.
