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Rental Market Trends in Milton, ON

What is the average rent in Milton, ON?

C$1,940/month

Average Rent

608 Sq Ft

Average Apartment Size

-5.5%

Decrease in the Last Year

As of June 2025, the average rent in Milton, ON was C$1,940/month. When you rent an apartment in Milton, you can expect to pay as little as C$1,377 to as much as C$1,898, depending on the location and size of the apartment.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
C$1,377/month
206 Sq Ft
One Bedroom
C$1,940/month
608 Sq Ft
Two Bedroom
C$2,385/month
798 Sq Ft
Three Bedroom
C$1,898/month
1,055 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
C$1,784/month
0 Sq Ft
Two Bedroom
C$2,243/month
11 Sq Ft
Three Bedroom
C$3,213/month
0 Sq Ft
Four Bedroom
C$4,024/month
83 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 Milton, ON?

In the past year, rent has decreased by 5.5%, which averages out to C$106 less 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 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Milton, ON
Last Updated June 2025
Above C$2,000
Most rental prices fall within this range
Rent Ranges in Milton, ON
Percentage*
Rent Range
0% Below C$700/month
0% C$700 - C$1,000/month
12% C$1,001 - C$1,500/month
25% C$1,501 - C$2,000/month
62% Above C$2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Milton?

Based on current rent prices, Milton/Halton Hills is the most affordable neighborhood in Milton.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Milton/Halton Hills
C$2,101/month
682 Sq Ft

What are the most expensive neighborhoods in Milton?

Based on current rent prices, Milton/Halton Hills is the most expensive neighborhood in Milton.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Milton/Halton Hills
C$2,101/month
682 Sq Ft

Which Milton neighborhoods have the most rentals available?

The neighborhood in Milton with the most apartments available is Milton/Halton Hills .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Milton/Halton Hills
C$2,101/month
682 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Milton, ON?

Because the average rent in Milton is C$1,940, you’ll want to make about C$6,466 per month or C$77,592 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.

City

Milton, ON

201 Available Apartments for Rent

Search for Nearby Apartments

How does Milton, ON compare to other nearby cities and neighborhoods?

Use the tool below to compare Milton, ON to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Milton/Halton Hills

Milton, ON

Milton/Halton Hills

Milton, ON

Studio
C$1,389/month
C$1,389/month
One Bedroom
C$1,939/month
C$1,939/month
Two Bedroom
C$2,386/month
C$2,386/month
Three Bedroom
C$2,449/month
C$2,449/month
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Nearby City Rent Trends

  • Burlington Average Rent
  • Oakville Average Rent
  • Guelph Average Rent
  • Mississauga Average Rent

Apartment communities in Milton we think you'll love

The Miltonian

The Miltonian

1287 Costigan Rd,
Milton, ON L9T 0Y9

1-2 Beds | C$2,345 - C$2,895

Millside Apartments

Millside Apartments

101 Millside Dr,
Milton, ON L9T 1P5

1-2 Beds | C$1,925 - C$2,495

122 Bronte St S

122 Bronte St S

122 Bronte St S,
Milton, ON L9T 1Z1

1-2 Beds | C$1,999 - C$2,349

651-651 Farmstead Dr

651-651 Farmstead Dr

651-651 Farmstead Dr,
Milton, ON L9T 7W2

4 Beds | C$3,400

Canada Ontario Milton Rental Trends

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.

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