Burlington North Apartments for Rent & Condo Comps

Burlington North's average realized lease price is $2,221 per month ($3.63 per square foot), based on 36 recorded transactions over the trailing 30 days ending August 31, 2026. The middle 50% of the market ranges from $2,000 (25th percentile) to $2,350 (75th percentile) per month, sitting at a 6.72% discount compared to the broader Burlington municipal average of $2,381 per month.

The average rent for a 1-bedroom apartment in Burlington North, Burlington is $1,993 per month ($3.57 per square foot) based on historical data, while 1-bedroom plus den suites average $2,144 per month ($3.26 per square foot) across 56 closed leases. Most 1-bedroom units lease between $1,900 (25th percentile) and $2,100 (75th percentile) per month, with an average size of 571 square feet.

The average rent for a 2-bedroom apartment in Burlington North, Burlington is $2,418 per month ($3.38 per square foot) based on historical data, while 2-bedroom plus den suites average $2,760 per month ($2.77 per square foot) across 5 closed leases. Most 2-bedroom units lease between $2,250 (25th percentile) and $2,500 (75th percentile) per month, representing an average price step-up of $425 and 174 square feet over standard 1-bedroom layouts.

The average rent for a 3-bedroom apartment in Burlington North, Burlington is $2,980 per month ($2.73 per square foot), based on historical data spanning 5 closed transactions with an average size of 1,116 square feet. Three-bedroom apartment rentals in Burlington North represent a highly scarce inventory segment, and 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 $3,825 per month, while LINK offers the most accessible entry point among named buildings at around $1,994 per month, alongside entry-level private transactions across tracked submarket inventory starting at $1,550 per month.

Burlington North rents average $2,221 per month, which is lower than the overall Burlington average of $2,381 per month (a spread of $160 or 6.72%). Properties in Burlington North spend an average of 32 days on the market—leasing 4 days slower than the broader Burlington municipal benchmark of 28 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 32 days on the market before leasing, based on 30-day tracking through August 31, 2026—leasing 4 days slower than the broader Burlington municipal benchmark of 28 days.

With active listings averaging $2,468 against closed leases at $2,221—an asking-to-realized spread of $247 per month—landlords in Burlington North should align their pricing strategy with recent closed lease benchmarks rather than aspirational asking rates to prevent vacancy timelines from stretching beyond the submarket's 32-day average.

A distinct parking premium cannot be isolated from current data because most tracked listings either bundle parking into the lease or sample variations in unit size obscure the standalone rate.

Standard lease agreements in Ontario require renters to set up separate accounts for suite hydro and heating/cooling power. Water service and common amenity upkeep are almost universally included in the owner's monthly maintenance fees.