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February 2026 · Milton
Average Rent in Milton — February 2026
174 confirmed residential leases in Milton in February 2026. Average rent $2,624/month. Mixed conditions across property types.
Avg Lease Price $2,624/mo
Median Lease $2,650/mo
Avg Asking $2,657/mo
Lease / Ask 98.8%
Leased Over Asking 8.6%
Avg DOM 51 days
Total Leased
174
all residential
Avg Lease Price
$2,624
per month
Median Lease
$2,650
mid-point
Lease / Ask
98.8%
avg ratio
Over Asking
8.6%
of all leases
Avg DOM
51
days on market
Lease Prices by Property Type
Milton · February 2026
💰 Lease Price Summary
Average Lease $2,624/mo
Median Lease $2,650/mo
Avg Asking Rent $2,657/mo
Lowest Lease $1,100
Highest Lease $6,000
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 8.6%
Leased at asking 45.4%
Leased under asking 46.0%
Avg Days on Market 51 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.6% over vs 46% under asking.
💰 Lease Price Summary
Average Lease $2,281/mo
Median Lease $2,150/mo
Avg Asking Rent $2,322/mo
Lowest Lease $1,800
Highest Lease $3,000
Lease / Ask Ratio 98.2%
📊 Market Activity
Leased over asking 3.9%
Leased at asking 46.1%
Leased under asking 50.0%
Avg Days on Market 46 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 50% leased below asking. Avg 46 days on market.
💰 Lease Price Summary
Average Lease $2,912/mo
Median Lease $3,125/mo
Avg Asking Rent $2,930/mo
Lowest Lease $1,100
Highest Lease $6,000
Lease / Ask Ratio 99.4%
📊 Market Activity
Leased over asking 14.8%
Leased at asking 40.7%
Leased under asking 44.4%
Avg Days on Market 56 days
Fast · 050Slow · 100+
⚖️ Balanced — 14.8% over vs 44.4% under asking.
💰 Lease Price Summary
Average Lease $2,886/mo
Median Lease $2,900/mo
Avg Asking Rent $2,922/mo
Lowest Lease $2,500
Highest Lease $3,400
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 12.8%
Leased at asking 48.9%
Leased under asking 38.3%
Avg Days on Market 52 days
Fast · 050Slow · 100+
⚖️ Balanced — 12.8% over vs 38.3% under asking.
💰 Lease Price Summary
Average Lease $2,362/mo
Median Lease $2,550/mo
Avg Asking Rent $2,398/mo
Lowest Lease $1,450
Highest Lease $2,900
Lease / Ask Ratio 98.5%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 50.0%
Leased under asking 50.0%
Avg Days on Market 46 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 50% leased below asking. Avg 46 days on market.
Nearby Cities · February 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Oakville | $3,006 | $2,675 | 98.8% | 53d | ⚖️ Balanced |
| Mississauga | $2,546 | $2,450 | 99.0% | 46d | ⚖️ Balanced |
| Halton Hills | $2,932 | $3,050 | 97.2% | 67d | ⚖️ Balanced |
| Brampton | $2,404 | $2,500 | 98.0% | 48d | ⚖️ Balanced |
| Guelph | $2,425 | $2,300 | 99.9% | 58d | ⚖️ Balanced |
| Burlington | $2,913 | $2,850 | 98.7% | 59d | ⚖️ Balanced |
Frequently Asked Questions
Milton · February 2026
The average confirmed lease in Milton was $2,624/month in February 2026,
based on 174 MLS® transactions. The median was
$2,650/month.
Condos averaged $2,281/mo, freehold averaged $2,912/mo, and townhouses averaged $2,886/mo.
Units in Milton took an average of 51 days to lease in February 2026.
Freehold rentals averaged 56 days while condos averaged 46 days.
In February 2026, condos averaged $2,281/month while freehold rentals averaged $2,912/month —
a difference of $631/month.
Milton averaged $2,624/month in February 2026. Burlington averaged $2,913/mo. Mississauga averaged $2,546/mo. See the full February 2026 Ontario lease summary →
Looking to rent in Milton?
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 Milton, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
