Hamilton Mountain Apartments for Rent & Condo Comps

Hamilton Mountain's average realized lease price is $1,620 per month ($2.95/sqft), based on 18 recorded transactions over the trailing 30 days ending August 31, 2026. The middle 50% of the market spans from a 25th percentile rent of $1,481 per month to a 75th percentile rent of $2,036 per month, with an overall submarket median of $1,625 per month. Realized rents in this submarket sit $350 below the broader Hamilton municipal average.

The average rent for a 1-bedroom apartment in Hamilton Mountain, Hamilton is $1,439 per month ($3.07/sqft) based on 30-day trailing data across 7 closed leases, while 1-bedroom plus den suites average $2,200 per month ($3.23/sqft) based on 1 closed lease. Most 1-bedroom units lease between $1,394 (25th percentile) and $1,596 (75th percentile) per month, with an average realized size of 607 square feet across 180-day tracking.

The average rent for a 2-bedroom apartment in Hamilton Mountain, Hamilton is $1,632 per month ($2.87/sqft) based on 30-day trailing data across 9 closed leases, while 2-bedroom plus den suites show zero closed transactions in the current period. Most standard 2-bedroom units lease between $1,512 (25th percentile) and $1,850 (75th percentile) per month, representing an average monthly rent step-up of $192 over 1-bedroom configurations.

The average rent for a 3-bedroom apartment in Hamilton Mountain, Hamilton is $2,200 per month ($2.51/sqft), based on 30-day trailing data across 1 closed lease. Three-bedroom and larger suites represent a specialized inventory segment in the submarket, with an historical tracked average of $2,173 per month across an average area of 763 square feet.

Within Hamilton Mountain, Chedoke Heights commands the highest average lease rate at approximately $2,625 per month, while entry-level private transactions across tracked submarket inventory start at $1,295 per month.

Hamilton Mountain rents average $1,620 per month, which is lower than the overall Hamilton average of $1,970 per month (a spread of -$350 or -17.77%). Properties in Hamilton Mountain spend an average of 78 days on the market—leasing 34 days slower than the broader Hamilton municipal benchmark of 44 days.

Condo and apartment rentals in Hamilton Mountain primarily fall within postal forward sortation areas (FSAs) such as L8H.

Rental listings in Hamilton Mountain spend an average of 78 days on the market before leasing, based on 30-day tracking through August 31, 2026—leasing 34 days slower than the broader Hamilton municipal benchmark of 44 days.

With active listings averaging $1,693 per month against closed leases at $1,620 per month—an asking-to-realized spread of $73 per month—landlords should align asking prices with recent closed lease benchmarks rather than aspirational targets to prevent vacancy extending past the submarket average of 78 days.

Reserved parking in Hamilton Mountain adds an estimated $259 per month to 1-bedroom rental rates based on verified unbundled lease comps, while asking premiums vary by unit configuration.

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.