Burlington North Apartments for Rent & Condo Comps

Burlington North's average realized lease price is $2,465 per month ($3.44 per square foot), based on 22 recorded transactions over the trailing 30 days ending September 30, 2026. The middle 50% of the submarket ranges between $2,000 (25th percentile) and $2,395 (75th percentile) per month, sitting 2.99% below the broader Burlington municipal average.

The average rent for a 1-bedroom apartment in Burlington North, Burlington is $2,088 per month ($3.76 per square foot) based on 30-day trailing data ending September 30, 2026, while 1-bedroom plus den suites average $2,158 per month based on 3 closed leases. Most 1-bedroom units lease between $1,900 (25th percentile) and $2,100 (75th percentile) per month, with an average size of 570 square feet.

The average rent for a 2-bedroom apartment in Burlington North, Burlington is $2,534 per month ($3.71 per square foot) based on 30-day trailing data ending September 30, 2026, while 2-bedroom plus den suites average $3,000 per month based on 3 closed leases. Most 2-bedroom units lease between $2,300 (25th percentile) and $2,500 (75th percentile) per month, representing a rent step-up of $435 and an average size increase of 168 square feet compared to 1-bedroom layouts.

Three-bedroom apartment rentals in Burlington North represent a scarce inventory segment with zero closed transactions recorded in the current tracking period, though 180-day data shows 5 closed leases averaging $2,980 per month ($2.73 per square foot) across an average of 1,116 square feet. Renters seeking multi-bedroom layouts should monitor active listings closely as larger suites become available.

Within Burlington North, Royal Vista commands the highest average lease rate at approximately $3,738 per month, while LINK offers the most accessible entry point at around $1,994 per month across tracked private condo stock.

Burlington North rents average $2,465 per month, which is lower than the overall Burlington average of $2,541 per month (a spread of $76 or 2.99%). Properties in Burlington North spend an average of 24 days on the market—leasing 5 days slower than the broader Burlington municipal benchmark of 19 days.

Condo and apartment rentals in Burlington North primarily fall within postal forward sortation areas (FSAs) such as L7L.

Rental listings in Burlington North spend an average of 24 days on the market before leasing, based on 30-day tracking through September 30, 2026—leasing 5 days slower than the broader Burlington municipal benchmark of 19 days.

With active listings averaging $2,328 against closed leases at $2,465—an asking-to-realized spread of -$137 per month—landlords should align asking prices with recent closed lease benchmarks rather than aspirational targets to prevent vacancy extending past the 24-day submarket average.

Reserved parking in Burlington North adds an estimated $83 per month to 2-bedroom rental rates based on verified unbundled lease comps, while 1-bedroom unbundled comps show a nominal difference of -$3 per month.

Across most Ontario condominium developments, suite electricity (hydro) and climate energy are individually metered and paid by the tenant, whereas water and building maintenance are covered by the owner's condo fees.