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October 2025 · Burlington
Average Rent in Burlington — October 2025
95 confirmed residential leases in Burlington in October 2025. Average rent $3,120/month. Mixed conditions across property types.
Avg Lease Price $3,120/mo
Median Lease $2,950/mo
Avg Asking $3,132/mo
Lease / Ask 99.6%
Leased Over Asking 8.4%
Avg DOM 44 days
Total Leased
95
all residential
Avg Lease Price
$3,120
per month
Median Lease
$2,950
mid-point
Lease / Ask
99.6%
avg ratio
Over Asking
8.4%
of all leases
Avg DOM
44
days on market
Lease Prices by Property Type
Burlington · October 2025
💰 Lease Price Summary
Average Lease $3,120/mo
Median Lease $2,950/mo
Avg Asking Rent $3,132/mo
Lowest Lease $1,850
Highest Lease $6,500
Lease / Ask Ratio 99.6%
📊 Market Activity
Leased over asking 8.4%
Leased at asking 69.5%
Leased under asking 22.1%
Avg Days on Market 44 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.4% over vs 22.1% under asking.
💰 Lease Price Summary
Average Lease $2,620/mo
Median Lease $2,600/mo
Avg Asking Rent $2,626/mo
Lowest Lease $1,900
Highest Lease $4,000
Lease / Ask Ratio 99.8%
📊 Market Activity
Leased over asking 9.8%
Leased at asking 72.5%
Leased under asking 17.6%
Avg Days on Market 47 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.8% over vs 17.6% under asking.
💰 Lease Price Summary
Average Lease $3,946/mo
Median Lease $3,800/mo
Avg Asking Rent $3,956/mo
Lowest Lease $1,950
Highest Lease $6,500
Lease / Ask Ratio 99.8%
📊 Market Activity
Leased over asking 10.0%
Leased at asking 66.7%
Leased under asking 23.3%
Avg Days on Market 43 days
Fast · 050Slow · 100+
⚖️ Balanced — 10% over vs 23.3% under asking.
💰 Lease Price Summary
Average Lease $3,252/mo
Median Lease $3,200/mo
Avg Asking Rent $3,287/mo
Lowest Lease $2,800
Highest Lease $3,800
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 62.5%
Leased under asking 37.5%
Avg Days on Market 43 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 37.5% under asking.
💰 Lease Price Summary
Average Lease $2,300/mo
Median Lease $2,300/mo
Avg Asking Rent $2,300/mo
Lowest Lease $1,850
Highest Lease $2,750
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 34 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Nearby Cities · October 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Oakville | $3,186 | $2,800 | 99.3% | 37d | ⚖️ Balanced |
| Hamilton | $2,527 | $2,475 | 99.4% | 48d | ⚖️ Balanced |
| Mississauga | $2,732 | $2,600 | 99.3% | 39d | ⚖️ Balanced |
| Milton | $2,924 | $3,000 | 99.3% | 39d | ⚖️ Balanced |
Frequently Asked Questions
Burlington · October 2025
The average confirmed lease in Burlington was $3,120/month in October 2025,
based on 95 MLS® transactions. The median was
$2,950/month.
Condos averaged $2,620/mo, freehold averaged $3,946/mo, and townhouses averaged $3,252/mo.
Units in Burlington took an average of 44 days to lease in October 2025.
Freehold rentals averaged 43 days while condos averaged 47 days.
In October 2025, condos averaged $2,620/month while freehold rentals averaged $3,946/month —
a difference of $1,326/month.
Burlington averaged $3,120/month in October 2025. Oakville averaged $3,186/mo. Milton averaged $2,924/mo. See the full October 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.
