What's the average rent in Milton, ON?
Rental Market Trends in Milton, ON
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SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Milton, ON is $2,250 per month, which is 18% higher than the national average rent of $1,910 per month.
AVERAGE RENT
$2,250
2.3%$51 increase month-over-month
-2.2%-$50 decrease year-over-year
AVAILABLE RENTALS
266
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, apartments are the most affordable rental option in Milton, ON at $2,139 per month, while houses are the most expensive at $3,200 per month. Townhomes average $3,000 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,900 |
| 2 Bedrooms | $2,100 |
| 3 Bedrooms | $3,000 |
| 4 Bedrooms | $3,500 |
| All | $2,250 |
As of May 2026, the average rent for a 1 bedroom rental in Milton, ON is $1,900 per month, followed by $2,100 for a 2 bedroom rental, $3,000 for a 3 bedroom rental, and $3,500 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,550 |
| 2 Bedrooms | $2,775 |
| 3 Bedrooms | $3,099 |
| 4 Bedrooms | $3,100 |
| All | $3,000 |
As of May 2026, the average rent for a 1 bedroom townhome in Milton, ON is $1,550 per month, followed by $2,775 for a 2 bedroom townhome, $3,099 for a 3 bedroom townhome, and $3,100 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,950 |
| 2 Bedrooms | $2,150 |
| 3 Bedrooms | $2,700 |
| 4 Bedrooms | $3,500 |
| All | $2,100 |
As of May 2026, the average rent for a 1 bedroom apartment in Milton, ON is $1,950 per month, followed by $2,150 for a 2 bedroom apartment, $2,700 for a 3 bedroom apartment, and $3,500 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,499 |
| 2 Bedrooms | $1,750 |
| 3 Bedrooms | $3,250 |
| 4 Bedrooms | $3,500 |
| All | $3,200 |
As of May 2026, the average rent for a 1 bedroom house in Milton, ON is $1,499 per month, followed by $1,750 for a 2 bedroom house, $3,250 for a 3 bedroom house, and $3,500 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -6% compared to the previous year, which is a $152 decrease.
This year (2026)
Last year (2025)
Rent distribution
43% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $980 to $4,100.