2077 Prospect Street
2067-2077 Prospect St,
Burlington, ON L7R 1Y9
$1,799 - $2,469
Studio - 2 Beds
Rental Market Trends in Burlington, ON
What is the average rent in Burlington, ON?
$2,091/month
Average Rent
750 Sq Ft
Average Apartment Size
+1.4%
Increase in the Last Year
As of June 2026, the average rent in Burlington, ON was $2,091/month. When you rent an apartment in Burlington, you can expect to pay as little as $1,677 to as much as $2,967, depending on the location and size of the apartment.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Burlington, ON?
In the past year, rent has increased by 1.4%, which averages out to $31 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025
2026
Rent Ranges in Burlington, ON
Last Updated June 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
1%
$1,001 - $1,500/month
21%
$1,501 - $2,000/month
78%
Above $2,000/month
Rent by Neighbourhood
Last Updated Today
What are the most affordable neighbourhoods in Burlington?
Based on current rent prices, Aldershot and Burlington Southwest" are the most affordable neighbourhoods in Burlington.
Neighbourhood
Average Rent
Average Sq Ft
What are the most expensive neighbourhoods in Burlington?
Based on current rent prices, Burlington Southwest and Aldershot" are the most expensive neighbourhoods in Burlington.
Neighbourhood
Average Rent
Average Sq Ft
Which Burlington neighbourhoods have the most rentals available?
The neighbourhoods in Burlington with the most apartments available are Burlington Southwest and Aldershot" .
Neighbourhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Burlington, ON?
Because the average rent in Burlington is $2,091, you’ll want to make about $6,970 per month or $83,640 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Burlington, ON compare to other nearby cities and neighbourhoods?
Use the tool below to compare Burlington, ON to other nearby cities and neighbourhoods. The Apartments.com neighbourhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,773/month
$1,666/month
One Bedroom
$2,016/month
$2,085/month
Two Bedroom
$2,690/month
$2,395/month
Three Bedroom
$3,071/month
$2,862/month
Nearby City Rent Trends
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.