Renting in Halton Region (Oakville, Burlington, Milton): average rent, where to look and how to get approved (2026)
Real leased rents by city, what each type of rental costs, and how tenants and landlords should play this market.
By Inderpal Sidhu · Updated November 2026 · 5 min read
Quick answer
What is the average rent in Oakville, Burlington and Milton?
In Q2 2026 a one-bedroom condo leased for about $2,178 in Oakville, $2,159 in Burlington and $2,071 in Milton; two-bedrooms averaged $2,923, $2,785 and $2,576 (TRREB).
Updated November 2026 · Inderpal Sidhu, Salesperson, HomeLife Silvercity Realty Inc., Brokerage
Looking for a rental in Halton Region (Oakville, Burlington, Milton), or renting one out? Here are the real leased rents from TRREB, not asking prices, plus what is changing this winter.
Average rent by city (TRREB, Q2 2026)
| Area | 1-bed condo | 2-bed condo | 3-bed condo townhouse |
|---|---|---|---|
| Oakville | $2,178 | $2,923 | $3,475 |
| Burlington | $2,159 | $2,785 | $3,328 |
| Milton | $2,071 | $2,576 | $2,954 |
| Halton Region average | $2,152 | $2,812 | $3,358 |
Leased condo apartment and condo townhouse rents reported through TRREB's MLS® System in Q2 2026 (1,135 condo apartment leases in Halton Region). Small samples can swing quarter to quarter. Basement apartments usually rent for less, and detached houses for more.
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Renting or renting out in Halton Region?
Tenants get matching rentals and help with the application. Landlords get a rent estimate based on recent leases nearby.
What to know
- Halton is family-rental country: townhouses and houses near GO stations and good schools lease quickly.
- Milton is the most affordable Halton city for condo rentals.
- Oakville two-bedrooms and townhouses carry a premium for schools and the lake.
- For 2027, most rent increases are capped at 1.9%. Units first occupied after November 15, 2018 are exempt from the cap.
Rent or buy in Halton Region?
The average home in Halton Region sold for $1,138,684 in October 2026 (TRREB). If you are paying close to $3,000 a month, compare that with a mortgage payment on a condo or townhouse here: rent vs buy, the real math. Thinking of buying in the next year or two? Start a home search.
For landlords in Halton Region
Price to recent leases, not to the highest asking rent on the street, screen properly and use the Ontario standard lease. My landlord guide covers deposits, increases and the Landlord and Tenant Board.
City guides: Oakville · Burlington · Milton · Halton Hills
Moving here? Oakville · Burlington · Milton · Halton Hills
More renting guides: GTA rents by city · basement apartments
Want help finding a rental, or a tenant for yours?
Start hereFAQ
What is the average rent in Halton Region?
In Q2 2026 a one-bedroom condo in Halton Region leased for about $2,152 and a two-bedroom for about $2,812 on average (TRREB).
How much is a 3-bedroom townhouse rental in Halton Region?
Three-bedroom condo townhouses in Halton Region leased for about $3,358 on average in Q2 2026 (TRREB). Freehold houses usually cost more.
How much can rent go up in 2027?
1.9% for most units in Ontario, once every 12 months with 90 days' written notice. Units first occupied after November 15, 2018 are exempt from the cap.
Questions? Call, text or WhatsApp me. I answer personally.
Call or text 647-338-6875Sources
TRREB Rental Market Report, Q2 2026
TRREB Market Watch, October 2026
Ontario: residential rent increases (2027 guideline)
Ontario: guide to the standard lease
General information only, not legal, tax, mortgage or financial advice. Rules and rates change; confirm with a real estate lawyer, mortgage professional and the CRA before you act. Inderpal Sidhu, Salesperson, HomeLife Silvercity Realty Inc., Brokerage.