Mile & Creek — Rental Market Data

Mile & Creek has two active rental listings as of August 31, 2026, with asking rents ranging from $2,150 to $2,350 per month and an average and median rent of $2,250 per month. Both available suites average 600 square feet at a combined asking rate of $3.76 per square foot. The active inventory is evenly divided between a one-bedroom and a one-bedroom-plus-den, so neither compact entry-level nor multi-bedroom executive layouts dominate; instead, renters choosing between the two options are selecting between a tighter 550-square-foot studio-adjacent plan and a 650-square-foot den configuration.

The dominant active layout at Mile & Creek is the one-bedroom, with one listing representing 50 percent of available inventory at an average asking rent of $2,150 per month across 550 square feet and a rate of $3.91 per square foot. The remaining 50 percent is a single one-bedroom-plus-den unit listed at $2,350 per month for 650 square feet at $3.62 per square foot. Both tiers are single listings, so no layout offers a comparative selection of multiple units at this time.

Mile & Creek's active asking rents span from $2,150 to $2,350 per month, a $200 spread representing a 9.3 percent range, with the median asking rent at $2,250 per month. The entry-level suite is a one-bedroom at 550 square feet priced at $3.91 per square foot, while the peak listing is a one-bedroom-plus-den at 650 square feet carrying a lower rate of $3.62 per square foot despite the higher nominal rent. The $200 delta between the two units reflects the additional 100 square feet of den space rather than a premium on the base bedroom configuration.

At Mile & Creek, the active den premium is $200 per month for an additional 100 square feet of space, equating to a marginal cost of $2.00 per square foot for the extra den area. Parking stall premiums cannot be reliably isolated for this building due to insufficient paired data and anomalous outliers in the available sample, so no verified parking add-on figure can be quoted to prospective renters.

Mile & Creek's active asking rent of $2,250 per month sits below the Milton submarket average asking rent of $2,483 per month, but on a rate-per-square-foot basis the building's $3.76 per square foot exceeds the submarket asking benchmark of $3.57 per square foot by 5.3 percent. The nominal rent advantage is driven by the building's more compact 600-square-foot average suite size compared to the broader submarket mix, which dilutes the per-square-foot premium into a lower monthly figure. Mile & Creek currently accounts for 2 out of 44 available listings in the Milton submarket, representing approximately 4.5 percent of total active inventory.

Mile & Creek at 740 Whitlock Avenue realized an average lease rent of $2,271 per month, marginally above the four-comp benchmark of $2,263 and below the Milton submarket average of $2,374. Against Mile And Creek Condos at 720 Whitlock Avenue East (0.09 km, 4 closed leases, $2,188 average rent, $3.28 per square foot, 676 sq ft), the subject commands a higher monthly rent of $83. Against Mile and Creek at 750 Whitlock Avenue (0.1 km, 2 closed leases, $2,125 average rent, $3.27 per square foot, 650 sq ft), the subject trades at a higher monthly rent of $146. Against Mile & Creek – Building 2 at 760 Whitlock Avenue (0.15 km, 5 closed leases, $2,325 average rent, $3.33 per square foot, 730 sq ft), the subject realizes a lower monthly rent of $54. Against Mile & Creek – Building 1 at 770 Whitlock Avenue (0.45 km, 10 closed leases, $2,413 average rent, $3.36 per square foot, 740 sq ft), the subject trades at a lower monthly rent of $142. All four competitors recorded active lease transactions over the trailing 180 days, so each provides a realized pricing benchmark rather than a reference-only data point.

Mile & Creek at 740 Whitlock Avenue leases at $3.59 per square foot with an average suite size of 635 square feet, positioning it as a premium-rate, compact-footprint product against the comp benchmark of $3.31 per square foot and 699 average square feet. Versus Mile And Creek Condos (720 Whitlock Ave E), the subject trades at a $0.31 per square foot (9.5%) premium while providing 41 fewer interior square feet, meaning the higher nominal rent of $83 is driven by the tighter footprint rather than a lower asset valuation. Against Mile and Creek at 750 Whitlock Avenue, the subject commands a $0.32 per square foot (9.8%) premium with 15 fewer square feet, again reflecting a smaller interior envelope behind the $146 rent differential. For the two larger-footprint peers—Mile & Creek – Building 2 (730 sq ft) and Building 1 (740 sq ft)—the subject's lower nominal rent of $54 and $142 respectively is entirely a function of providing 95 and 105 fewer square feet, while still maintaining a $0.26 and $0.23 per square foot premium over those buildings. In every pairing, the subject's per-square-foot rate exceeds the competitor's; the only variable shifting nominal rent is interior footprint.

Mile & Creek at 740 Whitlock Avenue offers a 14-feature lifestyle package that includes a Games & Billiards Room, a Meeting Room, and a Dining Room & Kitchen—amenities that are absent from at least two of its four immediate competitors. The Games & Billiards Room is not present in any of the four nearby buildings, giving the subject a unique social-recreation edge. The Meeting Room is missing from Mile And Creek Condos (720 Whitlock Ave E), Mile and Creek (750 Whitlock Ave), and Mile & Creek – Building 1 (770 Whitlock Ave), leaving only Building 2 (760 Whitlock Ave) as a partial match on that front. The Dining Room & Kitchen is absent from both the 720 and 750 Whitlock properties. All four peers share the core wellness and convenience stack—concierge, gym, yoga studio, rooftop terrace, BBQ area, pet wash station, and automated parcel storage—so the subject's differentiation rests on its entertainment and remote-work features rather than baseline fitness or security. This amenity mix best serves young professional renters and small households who value in-building social programming, casual dining, and dedicated meeting space without needing to leave the property for a co-working or recreation venue.