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July 2025 · Hamilton
Average Rent in Hamilton — July 2025
248 confirmed residential leases in Hamilton in July 2025. Average rent $2,507/month. Mixed conditions across property types.
Avg Lease Price $2,507/mo
Median Lease $2,463/mo
Avg Asking $2,513/mo
Lease / Ask 99.8%
Leased Over Asking 10.5%
Avg DOM 50 days
Total Leased
248
all residential
Avg Lease Price
$2,507
per month
Median Lease
$2,463
mid-point
Lease / Ask
99.8%
avg ratio
Over Asking
10.5%
of all leases
Avg DOM
50
days on market
Lease Prices by Property Type
Hamilton · July 2025
💰 Lease Price Summary
Average Lease $2,507/mo
Median Lease $2,463/mo
Avg Asking Rent $2,513/mo
Lowest Lease $1,325
Highest Lease $6,200
Lease / Ask Ratio 99.8%
📊 Market Activity
Leased over asking 10.5%
Leased at asking 67.3%
Leased under asking 22.2%
Avg Days on Market 50 days
Fast · 050Slow · 100+
⚖️ Balanced — 10.5% over vs 22.2% under asking.
💰 Lease Price Summary
Average Lease $2,254/mo
Median Lease $2,175/mo
Avg Asking Rent $2,269/mo
Lowest Lease $1,500
Highest Lease $3,300
Lease / Ask Ratio 99.3%
📊 Market Activity
Leased over asking 8.8%
Leased at asking 64.7%
Leased under asking 26.5%
Avg Days on Market 50 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.8% over vs 26.5% under asking.
💰 Lease Price Summary
Average Lease $2,791/mo
Median Lease $2,800/mo
Avg Asking Rent $2,781/mo
Lowest Lease $1,400
Highest Lease $6,200
Lease / Ask Ratio 100.4%
📊 Market Activity
Leased over asking 13.1%
Leased at asking 69.0%
Leased under asking 17.9%
Avg Days on Market 46 days
Fast · 050Slow · 100+
⚖️ Balanced — 13.1% over vs 17.9% under asking.
💰 Lease Price Summary
Average Lease $2,877/mo
Median Lease $2,875/mo
Avg Asking Rent $2,897/mo
Lowest Lease $2,450
Highest Lease $3,450
Lease / Ask Ratio 99.3%
📊 Market Activity
Leased over asking 3.4%
Leased at asking 72.4%
Leased under asking 24.1%
Avg Days on Market 46 days
Fast · 050Slow · 100+
⚖️ Balanced — 3.4% over vs 24.1% under asking.
💰 Lease Price Summary
Average Lease $1,802/mo
Median Lease $1,800/mo
Avg Asking Rent $1,796/mo
Lowest Lease $1,325
Highest Lease $2,602
Lease / Ask Ratio 100.4%
📊 Market Activity
Leased over asking 21.1%
Leased at asking 68.4%
Leased under asking 10.5%
Avg Days on Market 76 days
Fast · 050Slow · 100+
⚖️ Balanced — 21.1% over vs 10.5% under asking.
Nearby Cities · July 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Burlington | $3,118 | $3,000 | 99.5% | 47d | ⚖️ Balanced |
| Oakville | $3,244 | $2,850 | 99.2% | 44d | ⚖️ Balanced |
| Brantford | $2,340 | $2,400 | 100.3% | 45d | ⚖️ Balanced |
| Grimsby | $2,774 | $2,650 | 99.2% | 46d | ⚖️ Balanced |
| Lincoln | $2,411 | $2,450 | 100.5% | 53d | ⚖️ Balanced |
| Haldimand | $2,549 | $2,598 | 97.6% | 36d | ⚖️ Balanced |
Frequently Asked Questions
Hamilton · July 2025
The average confirmed lease in Hamilton was $2,507/month in July 2025,
based on 248 MLS® transactions. The median was
$2,463/month.
Condos averaged $2,254/mo, freehold averaged $2,791/mo, and townhouses averaged $2,877/mo.
Units in Hamilton took an average of 50 days to lease in July 2025.
Freehold rentals averaged 46 days while condos averaged 50 days.
In July 2025, condos averaged $2,254/month while freehold rentals averaged $2,791/month —
a difference of $537/month.
Hamilton averaged $2,507/month in July 2025. Haldimand averaged $2,549/mo. Lincoln averaged $2,411/mo. See the full July 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.
