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August 2025 · Hamilton
Average Rent in Hamilton — August 2025
350 confirmed residential leases in Hamilton in August 2025. Average rent $2,326/month. Mixed conditions across property types.
Avg Lease Price $2,326/mo
Median Lease $2,160/mo
Avg Asking $2,338/mo
Lease / Ask 99.5%
Leased Over Asking 10.3%
Avg DOM 50 days
Total Leased
350
all residential
Avg Lease Price
$2,326
per month
Median Lease
$2,160
mid-point
Lease / Ask
99.5%
avg ratio
Over Asking
10.3%
of all leases
Avg DOM
50
days on market
Lease Prices by Property Type
Hamilton · August 2025
💰 Lease Price Summary
Average Lease $2,326/mo
Median Lease $2,160/mo
Avg Asking Rent $2,338/mo
Lowest Lease $720
Highest Lease $5,000
Lease / Ask Ratio 99.5%
📊 Market Activity
Leased over asking 10.3%
Leased at asking 66.6%
Leased under asking 23.1%
Avg Days on Market 50 days
Fast · 050Slow · 100+
⚖️ Balanced — 10.3% over vs 23.1% under asking.
💰 Lease Price Summary
Average Lease $2,071/mo
Median Lease $2,000/mo
Avg Asking Rent $2,090/mo
Lowest Lease $1,400
Highest Lease $3,200
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 9.1%
Leased at asking 60.4%
Leased under asking 30.5%
Avg Days on Market 50 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.1% over vs 30.5% under asking.
💰 Lease Price Summary
Average Lease $2,530/mo
Median Lease $2,400/mo
Avg Asking Rent $2,535/mo
Lowest Lease $720
Highest Lease $5,000
Lease / Ask Ratio 99.8%
📊 Market Activity
Leased over asking 8.2%
Leased at asking 76.3%
Leased under asking 15.5%
Avg Days on Market 50 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.2% over vs 15.5% under asking.
💰 Lease Price Summary
Average Lease $2,820/mo
Median Lease $2,850/mo
Avg Asking Rent $2,839/mo
Lowest Lease $1,200
Highest Lease $3,600
Lease / Ask Ratio 99.3%
📊 Market Activity
Leased over asking 11.3%
Leased at asking 61.3%
Leased under asking 27.5%
Avg Days on Market 40 days
Fast · 050Slow · 100+
⚖️ Balanced — 11.3% over vs 27.5% under asking.
💰 Lease Price Summary
Average Lease $1,944/mo
Median Lease $1,900/mo
Avg Asking Rent $1,940/mo
Lowest Lease $1,300
Highest Lease $2,495
Lease / Ask Ratio 100.2%
📊 Market Activity
Leased over asking 17.2%
Leased at asking 75.9%
Leased under asking 6.9%
Avg Days on Market 73 days
Fast · 050Slow · 100+
⚖️ Balanced — 17.2% over vs 6.9% under asking.
Nearby Cities · August 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Burlington | $3,249 | $3,150 | 99.3% | 49d | ⚖️ Balanced |
| Oakville | $3,309 | $3,000 | 99.2% | 41d | ⚖️ Balanced |
| Brantford | $2,224 | $2,165 | 100.7% | 44d | ⚖️ Balanced |
| Grimsby | $2,453 | $2,375 | 98.7% | 50d | ⚖️ Balanced |
| Lincoln | $2,572 | $2,475 | 103.0% | 45d | ⚖️ Balanced |
| Haldimand | $2,707 | $2,650 | 101.6% | 39d | ⚖️ Balanced |
| West Lincoln | $2,000 | $2,000 | 100.0% | 23d | ⚖️ Balanced |
Frequently Asked Questions
Hamilton · August 2025
The average confirmed lease in Hamilton was $2,326/month in August 2025,
based on 350 MLS® transactions. The median was
$2,160/month.
Condos averaged $2,071/mo, freehold averaged $2,530/mo, and townhouses averaged $2,820/mo.
Units in Hamilton took an average of 50 days to lease in August 2025.
Freehold rentals averaged 50 days while condos averaged 50 days.
In August 2025, condos averaged $2,071/month while freehold rentals averaged $2,530/month —
a difference of $459/month.
Hamilton averaged $2,326/month in August 2025. Grimsby averaged $2,453/mo. Brantford averaged $2,224/mo. See the full August 2025 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.
