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April 2026 · Milton
Average Rent in Milton — April 2026
176 confirmed residential leases in Milton in April 2026. Average rent $2,617/month. Mixed conditions across property types.
Avg Lease Price $2,617/mo
Median Lease $2,625/mo
Avg Asking $2,640/mo
Lease / Ask 99.1%
Leased Over Asking 11.9%
Avg DOM 46 days
Previous Months
Total Leased
176
all residential
Avg Lease Price
$2,617
per month
Median Lease
$2,625
mid-point
Lease / Ask
99.1%
avg ratio
Over Asking
11.9%
of all leases
Avg DOM
46
days on market
Lease Prices by Property Type
Milton · April 2026
💰 Lease Price Summary
Average Lease $2,617/mo
Median Lease $2,625/mo
Avg Asking Rent $2,640/mo
Lowest Lease $1,300
Highest Lease $7,000
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 11.9%
Leased at asking 56.3%
Leased under asking 31.8%
Avg Days on Market 46 days
Fast · 050Slow · 100+
⚖️ Balanced — 11.9% over vs 31.8% under asking.
💰 Lease Price Summary
Average Lease $2,272/mo
Median Lease $2,150/mo
Avg Asking Rent $2,292/mo
Lowest Lease $1,799
Highest Lease $3,000
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 6.0%
Leased at asking 62.7%
Leased under asking 31.3%
Avg Days on Market 43 days
Fast · 050Slow · 100+
⚖️ Balanced — 6% over vs 31.3% under asking.
💰 Lease Price Summary
Average Lease $2,966/mo
Median Lease $3,125/mo
Avg Asking Rent $2,991/mo
Lowest Lease $1,499
Highest Lease $7,000
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 23.9%
Leased at asking 47.8%
Leased under asking 28.3%
Avg Days on Market 47 days
Fast · 050Slow · 100+
⚖️ Balanced — 23.9% over vs 28.3% under asking.
💰 Lease Price Summary
Average Lease $2,899/mo
Median Lease $2,900/mo
Avg Asking Rent $2,930/mo
Lowest Lease $2,500
Highest Lease $3,425
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 9.8%
Leased at asking 49.0%
Leased under asking 41.2%
Avg Days on Market 51 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.8% over vs 41.2% under asking.
💰 Lease Price Summary
Average Lease $2,725/mo
Median Lease $2,725/mo
Avg Asking Rent $2,725/mo
Lowest Lease $1,800
Highest Lease $3,650
Lease / Ask Ratio 100.0%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 100.0%
Leased under asking 0.0%
Avg Days on Market 35 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Nearby Cities · April 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Oakville | $2,971 | $2,625 | 98.5% | 51d | ⚖️ Balanced |
| Mississauga | $2,566 | $2,500 | 98.9% | 45d | ⚖️ Balanced |
| Halton Hills | $2,531 | $2,175 | 99.3% | 46d | ⚖️ Balanced |
| Brampton | $2,483 | $2,550 | 97.7% | 50d | 🧊 Renter-Friendly |
| Guelph | $2,478 | $2,500 | 99.3% | 59d | ⚖️ Balanced |
| Burlington | $2,931 | $2,800 | 98.9% | 54d | ⚖️ Balanced |
Frequently Asked Questions
Milton · April 2026
The average confirmed lease in Milton was $2,617/month in April 2026,
based on 176 MLS® transactions. The median was
$2,625/month.
Condos averaged $2,272/mo, freehold averaged $2,966/mo, and townhouses averaged $2,899/mo.
Units in Milton took an average of 46 days to lease in April 2026.
Freehold rentals averaged 47 days while condos averaged 43 days.
In April 2026, condos averaged $2,272/month while freehold rentals averaged $2,966/month —
a difference of $694/month.
Milton averaged $2,617/month in April 2026. Burlington averaged $2,931/mo. Mississauga averaged $2,566/mo. See the full April 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.
