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October 2025 · Hamilton
Average Rent in Hamilton — October 2025
204 confirmed residential leases in Hamilton in October 2025. Average rent $2,527/month. Mixed conditions across property types.
Avg Lease Price $2,527/mo
Median Lease $2,475/mo
Avg Asking $2,544/mo
Lease / Ask 99.4%
Leased Over Asking 8.8%
Avg DOM 48 days
Total Leased
204
all residential
Avg Lease Price
$2,527
per month
Median Lease
$2,475
mid-point
Lease / Ask
99.4%
avg ratio
Over Asking
8.8%
of all leases
Avg DOM
48
days on market
Lease Prices by Property Type
Hamilton · October 2025
💰 Lease Price Summary
Average Lease $2,527/mo
Median Lease $2,475/mo
Avg Asking Rent $2,544/mo
Lowest Lease $1,295
Highest Lease $7,250
Lease / Ask Ratio 99.4%
📊 Market Activity
Leased over asking 8.8%
Leased at asking 70.1%
Leased under asking 21.1%
Avg Days on Market 48 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.8% over vs 21.1% under asking.
💰 Lease Price Summary
Average Lease $2,234/mo
Median Lease $2,200/mo
Avg Asking Rent $2,248/mo
Lowest Lease $1,550
Highest Lease $3,250
Lease / Ask Ratio 99.4%
📊 Market Activity
Leased over asking 8.6%
Leased at asking 69.1%
Leased under asking 22.2%
Avg Days on Market 49 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.6% over vs 22.2% under asking.
💰 Lease Price Summary
Average Lease $2,759/mo
Median Lease $2,600/mo
Avg Asking Rent $2,780/mo
Lowest Lease $1,295
Highest Lease $7,250
Lease / Ask Ratio 99.3%
📊 Market Activity
Leased over asking 10.5%
Leased at asking 69.7%
Leased under asking 19.7%
Avg Days on Market 46 days
Fast · 050Slow · 100+
⚖️ Balanced — 10.5% over vs 19.7% under asking.
💰 Lease Price Summary
Average Lease $2,902/mo
Median Lease $2,900/mo
Avg Asking Rent $2,918/mo
Lowest Lease $1,700
Highest Lease $3,625
Lease / Ask Ratio 99.5%
📊 Market Activity
Leased over asking 7.5%
Leased at asking 67.9%
Leased under asking 24.5%
Avg Days on Market 44 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.5% over vs 24.5% under asking.
💰 Lease Price Summary
Average Lease $1,926/mo
Median Lease $1,800/mo
Avg Asking Rent $1,933/mo
Lowest Lease $1,400
Highest Lease $2,650
Lease / Ask Ratio 99.7%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 86.7%
Leased under asking 13.3%
Avg Days on Market 57 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 13.3% under asking.
Nearby Cities · October 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Burlington | $3,120 | $2,950 | 99.6% | 44d | ⚖️ Balanced |
| Oakville | $3,186 | $2,800 | 99.3% | 37d | ⚖️ Balanced |
| Brantford | $2,414 | $2,450 | 99.3% | 52d | ⚖️ Balanced |
| Grimsby | $2,503 | $2,500 | 100.4% | 48d | ⚖️ Balanced |
| Lincoln | $2,376 | $2,288 | 98.7% | 38d | ⚖️ Balanced |
| Haldimand | $2,567 | $2,600 | 100.0% | 43d | ⚖️ Balanced |
| West Lincoln | $2,575 | $2,575 | 100.0% | 55d | ⚖️ Balanced |
Frequently Asked Questions
Hamilton · October 2025
The average confirmed lease in Hamilton was $2,527/month in October 2025,
based on 204 MLS® transactions. The median was
$2,475/month.
Condos averaged $2,234/mo, freehold averaged $2,759/mo, and townhouses averaged $2,902/mo.
Units in Hamilton took an average of 48 days to lease in October 2025.
Freehold rentals averaged 46 days while condos averaged 49 days.
In October 2025, condos averaged $2,234/month while freehold rentals averaged $2,759/month —
a difference of $525/month.
Hamilton averaged $2,527/month in October 2025. Haldimand averaged $2,567/mo. Grimsby averaged $2,503/mo. See the full October 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.
