Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Call Now: 416-939-2500 Email: vikas@vikaspalan.com
June 2025 · Hamilton
Average Rent in Hamilton — June 2025
257 confirmed residential leases in Hamilton in June 2025. Average rent $2,542/month. Mixed conditions across property types.
Avg Lease Price $2,542/mo
Median Lease $2,500/mo
Avg Asking $2,546/mo
Lease / Ask 99.9%
Leased Over Asking 11.7%
Avg DOM 54 days
Total Leased
257
all residential
Avg Lease Price
$2,542
per month
Median Lease
$2,500
mid-point
Lease / Ask
99.9%
avg ratio
Over Asking
11.7%
of all leases
Avg DOM
54
days on market
Lease Prices by Property Type
Hamilton · June 2025
💰 Lease Price Summary
Average Lease $2,542/mo
Median Lease $2,500/mo
Avg Asking Rent $2,546/mo
Lowest Lease $1,200
Highest Lease $8,000
Lease / Ask Ratio 99.9%
📊 Market Activity
Leased over asking 11.7%
Leased at asking 64.6%
Leased under asking 23.7%
Avg Days on Market 54 days
Fast · 050Slow · 100+
⚖️ Balanced — 11.7% over vs 23.7% under asking.
💰 Lease Price Summary
Average Lease $2,259/mo
Median Lease $2,250/mo
Avg Asking Rent $2,280/mo
Lowest Lease $1,400
Highest Lease $3,300
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 7.6%
Leased at asking 58.1%
Leased under asking 34.3%
Avg Days on Market 52 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.6% over vs 34.3% under asking.
💰 Lease Price Summary
Average Lease $2,931/mo
Median Lease $2,850/mo
Avg Asking Rent $2,921/mo
Lowest Lease $1,200
Highest Lease $8,000
Lease / Ask Ratio 100.3%
📊 Market Activity
Leased over asking 14.8%
Leased at asking 67.9%
Leased under asking 17.3%
Avg Days on Market 52 days
Fast · 050Slow · 100+
⚖️ Balanced — 14.8% over vs 17.3% under asking.
💰 Lease Price Summary
Average Lease $2,804/mo
Median Lease $2,800/mo
Avg Asking Rent $2,800/mo
Lowest Lease $2,400
Highest Lease $3,350
Lease / Ask Ratio 100.2%
📊 Market Activity
Leased over asking 14.8%
Leased at asking 75.4%
Leased under asking 9.8%
Avg Days on Market 55 days
Fast · 050Slow · 100+
⚖️ Balanced — 14.8% over vs 9.8% under asking.
💰 Lease Price Summary
Average Lease $1,973/mo
Median Lease $1,948/mo
Avg Asking Rent $1,955/mo
Lowest Lease $1,300
Highest Lease $2,700
Lease / Ask Ratio 100.9%
📊 Market Activity
Leased over asking 12.5%
Leased at asking 66.7%
Leased under asking 20.8%
Avg Days on Market 56 days
Fast · 050Slow · 100+
⚖️ Balanced — 12.5% over vs 20.8% under asking.
Nearby Cities · June 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Burlington | $3,085 | $3,000 | 98.8% | 51d | ⚖️ Balanced |
| Oakville | $3,145 | $2,800 | 99.1% | 46d | ⚖️ Balanced |
| Brantford | $2,456 | $2,450 | 100.2% | 45d | ⚖️ Balanced |
| Grimsby | $2,700 | $2,600 | 100.5% | 51d | ⚖️ Balanced |
| Lincoln | $2,132 | $2,000 | 99.2% | 49d | ⚖️ Balanced |
| Haldimand | $2,717 | $2,650 | 98.6% | 38d | ⚖️ Balanced |
Frequently Asked Questions
Hamilton · June 2025
The average confirmed lease in Hamilton was $2,542/month in June 2025,
based on 257 MLS® transactions. The median was
$2,500/month.
Condos averaged $2,259/mo, freehold averaged $2,931/mo, and townhouses averaged $2,804/mo.
Units in Hamilton took an average of 54 days to lease in June 2025.
Freehold rentals averaged 52 days while condos averaged 52 days.
In June 2025, condos averaged $2,259/month while freehold rentals averaged $2,931/month —
a difference of $672/month.
Hamilton averaged $2,542/month in June 2025. Grimsby averaged $2,700/mo. Brantford averaged $2,456/mo. See the full June 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.
