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March 2026 · Hamilton
Average Rent in Hamilton — March 2026
239 confirmed residential leases in Hamilton in March 2026. Average rent $2,301/month. Mixed conditions across property types.
Avg Lease Price $2,301/mo
Median Lease $2,200/mo
Avg Asking $2,325/mo
Lease / Ask 99.0%
Leased Over Asking 7.9%
Avg DOM 59 days
Total Leased
239
all residential
Avg Lease Price
$2,301
per month
Median Lease
$2,200
mid-point
Lease / Ask
99.0%
avg ratio
Over Asking
7.9%
of all leases
Avg DOM
59
days on market
Lease Prices by Property Type
Hamilton · March 2026
💰 Lease Price Summary
Average Lease $2,301/mo
Median Lease $2,200/mo
Avg Asking Rent $2,325/mo
Lowest Lease $1,000
Highest Lease $7,000
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 7.9%
Leased at asking 64.0%
Leased under asking 28.0%
Avg Days on Market 59 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.9% over vs 28% under asking.
💰 Lease Price Summary
Average Lease $2,097/mo
Median Lease $1,900/mo
Avg Asking Rent $2,129/mo
Lowest Lease $1,450
Highest Lease $4,500
Lease / Ask Ratio 98.5%
📊 Market Activity
Leased over asking 9.3%
Leased at asking 51.2%
Leased under asking 39.5%
Avg Days on Market 55 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.3% over vs 39.5% under asking.
💰 Lease Price Summary
Average Lease $2,480/mo
Median Lease $2,450/mo
Avg Asking Rent $2,503/mo
Lowest Lease $1,000
Highest Lease $7,000
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 7.1%
Leased at asking 70.6%
Leased under asking 22.4%
Avg Days on Market 64 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.1% over vs 22.4% under asking.
💰 Lease Price Summary
Average Lease $2,734/mo
Median Lease $2,700/mo
Avg Asking Rent $2,749/mo
Lowest Lease $1,300
Highest Lease $4,500
Lease / Ask Ratio 99.5%
📊 Market Activity
Leased over asking 7.0%
Leased at asking 77.2%
Leased under asking 15.8%
Avg Days on Market 57 days
Fast · 050Slow · 100+
⚖️ Balanced — 7% over vs 15.8% under asking.
💰 Lease Price Summary
Average Lease $1,699/mo
Median Lease $1,650/mo
Avg Asking Rent $1,713/mo
Lowest Lease $1,100
Highest Lease $2,400
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 8.0%
Leased at asking 64.0%
Leased under asking 28.0%
Avg Days on Market 53 days
Fast · 050Slow · 100+
⚖️ Balanced — 8% over vs 28% under asking.
Nearby Cities · March 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Burlington | $2,870 | $2,825 | 99.1% | 51d | ⚖️ Balanced |
| Oakville | $3,003 | $2,750 | 98.6% | 50d | ⚖️ Balanced |
| Brantford | $2,323 | $2,325 | 98.6% | 59d | ⚖️ Balanced |
| Grimsby | $2,461 | $2,600 | 99.6% | 60d | ⚖️ Balanced |
| Lincoln | $2,106 | $2,075 | 98.8% | 121d | ⚖️ Balanced |
| Haldimand | $2,709 | $2,700 | 99.1% | 56d | ⚖️ Balanced |
Frequently Asked Questions
Hamilton · March 2026
The average confirmed lease in Hamilton was $2,301/month in March 2026,
based on 239 MLS® transactions. The median was
$2,200/month.
Condos averaged $2,097/mo, freehold averaged $2,480/mo, and townhouses averaged $2,734/mo.
Units in Hamilton took an average of 59 days to lease in March 2026.
Freehold rentals averaged 64 days while condos averaged 55 days.
In March 2026, condos averaged $2,097/month while freehold rentals averaged $2,480/month —
a difference of $383/month.
Hamilton averaged $2,301/month in March 2026. Brantford averaged $2,323/mo. Lincoln averaged $2,106/mo. See the full March 2026 Ontario lease summary →
Looking to rent in Hamilton?
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 Hamilton, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
