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August 2025 · Milton
Average Rent in Milton — August 2025
194 confirmed residential leases in Milton in August 2025. Average rent $2,924/month. Mixed conditions across property types.
Avg Lease Price $2,924/mo
Median Lease $3,000/mo
Avg Asking $2,932/mo
Lease / Ask 99.7%
Leased Over Asking 17.5%
Avg DOM 40 days
Total Leased
194
all residential
Avg Lease Price
$2,924
per month
Median Lease
$3,000
mid-point
Lease / Ask
99.7%
avg ratio
Over Asking
17.5%
of all leases
Avg DOM
40
days on market
Lease Prices by Property Type
Milton · August 2025
💰 Lease Price Summary
Average Lease $2,924/mo
Median Lease $3,000/mo
Avg Asking Rent $2,932/mo
Lowest Lease $1,100
Highest Lease $4,500
Lease / Ask Ratio 99.7%
📊 Market Activity
Leased over asking 17.5%
Leased at asking 60.8%
Leased under asking 21.6%
Avg Days on Market 40 days
Fast · 050Slow · 100+
⚖️ Balanced — 17.5% over vs 21.6% under asking.
💰 Lease Price Summary
Average Lease $2,531/mo
Median Lease $2,550/mo
Avg Asking Rent $2,556/mo
Lowest Lease $1,800
Highest Lease $3,200
Lease / Ask Ratio 99.1%
📊 Market Activity
Leased over asking 8.9%
Leased at asking 62.5%
Leased under asking 28.6%
Avg Days on Market 45 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.9% over vs 28.6% under asking.
💰 Lease Price Summary
Average Lease $3,118/mo
Median Lease $3,400/mo
Avg Asking Rent $3,121/mo
Lowest Lease $1,100
Highest Lease $4,500
Lease / Ask Ratio 99.9%
📊 Market Activity
Leased over asking 22.0%
Leased at asking 62.2%
Leased under asking 15.9%
Avg Days on Market 39 days
Fast · 050Slow · 100+
⚖️ Balanced — 22% over vs 15.9% under asking.
💰 Lease Price Summary
Average Lease $3,043/mo
Median Lease $3,000/mo
Avg Asking Rent $3,051/mo
Lowest Lease $1,800
Highest Lease $3,700
Lease / Ask Ratio 99.7%
📊 Market Activity
Leased over asking 18.6%
Leased at asking 54.2%
Leased under asking 27.1%
Avg Days on Market 37 days
Fast · 050Slow · 100+
⚖️ Balanced — 18.6% over vs 27.1% under asking.
💰 Lease Price Summary
Average Lease $1,600/mo
Median Lease $1,600/mo
Avg Asking Rent $1,600/mo
Lowest Lease $1,600
Highest Lease $1,600
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 31 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 0% under asking.
Nearby Cities · August 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Oakville | $3,309 | $3,000 | 99.2% | 41d | ⚖️ Balanced |
| Mississauga | $2,769 | $2,650 | 99.3% | 42d | ⚖️ Balanced |
| Halton Hills | $2,918 | $2,900 | 98.3% | 43d | ⚖️ Balanced |
| Brampton | $2,721 | $2,775 | 98.3% | 41d | ⚖️ Balanced |
| Guelph | $2,641 | $2,500 | 99.4% | 49d | ⚖️ Balanced |
| Burlington | $3,249 | $3,150 | 99.3% | 49d | ⚖️ Balanced |
Frequently Asked Questions
Milton · August 2025
The average confirmed lease in Milton was $2,924/month in August 2025,
based on 194 MLS® transactions. The median was
$3,000/month.
Condos averaged $2,531/mo, freehold averaged $3,118/mo, and townhouses averaged $3,043/mo.
Units in Milton took an average of 40 days to lease in August 2025.
Freehold rentals averaged 39 days while condos averaged 45 days.
In August 2025, condos averaged $2,531/month while freehold rentals averaged $3,118/month —
a difference of $587/month.
Milton averaged $2,924/month in August 2025. Burlington averaged $3,249/mo. Halton Hills averaged $2,918/mo. See the full August 2025 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.
