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February 2026 · Hamilton
Average Rent in Hamilton — February 2026
206 confirmed residential leases in Hamilton in February 2026. Average rent $2,425/month. Mixed conditions across property types.
Avg Lease Price $2,425/mo
Median Lease $2,500/mo
Avg Asking $2,453/mo
Lease / Ask 98.9%
Leased Over Asking 8.7%
Avg DOM 59 days
Total Leased
206
all residential
Avg Lease Price
$2,425
per month
Median Lease
$2,500
mid-point
Lease / Ask
98.9%
avg ratio
Over Asking
8.7%
of all leases
Avg DOM
59
days on market
Lease Prices by Property Type
Hamilton · February 2026
💰 Lease Price Summary
Average Lease $2,425/mo
Median Lease $2,500/mo
Avg Asking Rent $2,453/mo
Lowest Lease $1,200
Highest Lease $5,600
Lease / Ask Ratio 98.9%
📊 Market Activity
Leased over asking 8.7%
Leased at asking 58.3%
Leased under asking 33.0%
Avg Days on Market 59 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.7% over vs 33% under asking.
💰 Lease Price Summary
Average Lease $2,207/mo
Median Lease $2,050/mo
Avg Asking Rent $2,227/mo
Lowest Lease $1,500
Highest Lease $3,200
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 9.7%
Leased at asking 54.2%
Leased under asking 36.1%
Avg Days on Market 58 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.7% over vs 36.1% under asking.
💰 Lease Price Summary
Average Lease $2,536/mo
Median Lease $2,400/mo
Avg Asking Rent $2,573/mo
Lowest Lease $1,200
Highest Lease $5,600
Lease / Ask Ratio 98.6%
📊 Market Activity
Leased over asking 8.2%
Leased at asking 61.6%
Leased under asking 30.1%
Avg Days on Market 61 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.2% over vs 30.1% under asking.
💰 Lease Price Summary
Average Lease $2,752/mo
Median Lease $2,750/mo
Avg Asking Rent $2,775/mo
Lowest Lease $1,450
Highest Lease $3,400
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 9.5%
Leased at asking 55.6%
Leased under asking 34.9%
Avg Days on Market 54 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.5% over vs 34.9% under asking.
💰 Lease Price Summary
Average Lease $1,832/mo
Median Lease $1,775/mo
Avg Asking Rent $1,839/mo
Lowest Lease $1,250
Highest Lease $3,199
Lease / Ask Ratio 99.6%
📊 Market Activity
Leased over asking 7.1%
Leased at asking 78.6%
Leased under asking 14.3%
Avg Days on Market 66 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.1% over vs 14.3% under asking.
Nearby Cities · February 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Burlington | $2,913 | $2,850 | 98.7% | 59d | ⚖️ Balanced |
| Oakville | $3,006 | $2,675 | 98.8% | 53d | ⚖️ Balanced |
| Brantford | $2,099 | $2,100 | 99.8% | 77d | ⚖️ Balanced |
| Grimsby | $2,444 | $2,423 | 100.4% | 53d | ⚖️ Balanced |
| Lincoln | $2,269 | $2,000 | 99.5% | 63d | ⚖️ Balanced |
| Haldimand | $2,635 | $2,475 | 97.6% | 65d | 🧊 Renter-Friendly |
| West Lincoln | $1,800 | $1,800 | 94.7% | 60d | 🧊 Renter-Friendly |
Frequently Asked Questions
Hamilton · February 2026
The average confirmed lease in Hamilton was $2,425/month in February 2026,
based on 206 MLS® transactions. The median was
$2,500/month.
Condos averaged $2,207/mo, freehold averaged $2,536/mo, and townhouses averaged $2,752/mo.
Units in Hamilton took an average of 59 days to lease in February 2026.
Freehold rentals averaged 61 days while condos averaged 58 days.
In February 2026, condos averaged $2,207/month while freehold rentals averaged $2,536/month —
a difference of $329/month.
Hamilton averaged $2,425/month in February 2026. Grimsby averaged $2,444/mo. Lincoln averaged $2,269/mo. See the full February 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.
