Milton Rental Market Data & Neighbourhood Trends

Access granular residential building data, neighbourhood comps, and historical leasing metrics for 51 tracked properties across Milton.

Milton Rental Market Overview

FastScreen tracks 51 buildings across Milton as a single municipal rental submarket, supported by 45 active listings and 213 historical leases. During the latest 30-day observation window, Milton recorded 39 leases at an average realized rent of $2,369 per month ($3.30 per square foot) with an average Days on Market of 19 days. Milton's recent realized rent sits $248 per month below the broader GTA 30-day benchmark of $2,617 per month, while leasing velocity is 5 days faster than the GTA average of 24 days. Across nearby markets, Milton's effective rent is comparable to Oakville at $2,439 per month and Burlington at $2,381 per month, but remains below Halton Hills at $3,200 per month.

Active Rental Inventory

Listed and Tracked by FastScreen as of August 2026

Current publicly listed rental units and asking prices across Milton

Active Listings
45units
Across 51 buildings
Average Asking Rent
$2,476/mo
+1.2% Asking Trend
Average SF
713SF
Typical suite layout
Average Asking Price / SF
$3.59/SF
Active density benchmark
Average Days on Market
27days
Active listing age

Rental Inventory Analysis At A Glance for Milton

Milton's rental inventory comprises 45 active listings with an average asking rent of $2,476 per month and an average asking rate of $3.59 per square foot. Comparing active inventory to closed transactions reveals an asking-versus-realized spread of $107 per month, indicating that landlords achieve realized rents slightly below initial asking prices. Milton's absorption rate stands at 46.4 percent based on active inventory and recent transaction volume. Among nearby municipalities, Oakville supports 152 active listings across 107 buildings, Burlington records 69 active listings across 135 buildings, and Halton Hills records zero active listings across 4 tracked buildings.

Closed Leases

Transactions that closed in August 2026

Executed lease contracts and actual realized rents agreed upon between landlords and tenants

Units Leased
39closed
Executed transactions
Average Leased Rent
$2,369/mo
+1.6% MoM Delta
Average Leased SF
733SF
Executed size average
Average Leased / SF
$3.30/SF
Realized per-foot rate
Average Days on Market
19days
Days to execute lease

Leasing Trends for Milton

Milton recorded 39 leases during the latest 30-day period with an average Days on Market of 19 days, representing faster leasing velocity than the prior 30-day window, which recorded 56 leases at an average DOM of 25 days. Mid-term tracking shows a 90-day volume of 124 leases with a 20-day average DOM and a 180-day volume of 213 leases with a 25-day average DOM. Milton's 19-day average DOM is 5 days faster than the GTA 30-day benchmark of 24 days. Compared to nearby municipalities, Milton's 19-day leasing window is faster than Oakville at 26 days, Burlington at 28 days, and Halton Hills at 44 days.

Milton Rental Rates by Unit Layout

Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in August 2026.

Studio / Bachelor
$1,611/mo
$3.50/SF · 460 SF
1-Bedroom
$1,943/mo
$3.35/SF · 580 SF
1-Bedroom + Den
$2,108/mo
$3.29/SF · 640 SF
2-Bedroom
$2,606/mo
$3.07/SF · 850 SF
2-Bedroom + Den
$2,843/mo
$3.02/SF · 940 SF
3-Bedroom+
$3,554/mo
$3.01/SF · 1180 SF

Milton Tracked Buildings & Lease Comps

Compare average realized rents, price per square foot ($/SF), active availability, and leasing velocity across tracked condo buildings in Milton, Milton.

Mile & Creek

740 Whitlock Avenue

$2,191
avg leased
Leased $/SF: $3.56/SF
Days on Market: 17d
Closed Leases: 8
Active Supply: 2 units
160 Total SuitesBuilding Comps
$2,310
avg leased
Leased $/SF: $3.37/SF
Days on Market: 35d
Closed Leases: 4
Active Supply: 5 units
213 Total SuitesBuilding Comps
Connectt 1

8010 Derry Rd

$2,342
avg leased
Leased $/SF: $3.30/SF
Days on Market: 15d
Closed Leases: 3
Active Supply: 1 units
168 Total SuitesBuilding Comps
Soleil 1

460 Gordon Krantz Ave

$2,383
avg leased
Leased $/SF: $3.32/SF
Days on Market: 22d
Closed Leases: 3
Active Supply: 0 units
134 Total SuitesBuilding Comps
Connectt Condominiums

8020 Derry Road W

$2,300
avg leased
Leased $/SF: $3.38/SF
Days on Market: 12d
Closed Leases: 2
Active Supply: 2 units
262 Total SuitesBuilding Comps
6Ten Condos

610 Farmstead Dr

$2,500
avg leased
Leased $/SF: $2.76/SF
Days on Market: 11d
Closed Leases: 2
Active Supply: 1 units
170 Total SuitesBuilding Comps
Soleil - 2

470 Gordon Krantz Ave

$2,700
avg leased
Leased $/SF: $3.12/SF
Days on Market: 15d
Closed Leases: 2
Active Supply: 0 units
121 Total SuitesBuilding Comps
MV1

1440 Clarriage Crt

$2,725
avg leased
Leased $/SF: $3.29/SF
Days on Market: 15d
Closed Leases: 2
Active Supply: 0 units
103 Total SuitesBuilding Comps
$2,550
avg leased
Leased $/SF: $2.97/SF
Days on Market: 9d
Closed Leases: 2
Active Supply: 0 units
48 Total SuitesBuilding Comps
Jasper Condos

716 Main St E

$1,900
avg leased
Leased $/SF: $3.36/SF
Days on Market: 3d
Closed Leases: 1
Active Supply: 4 units
116 Total SuitesBuilding Comps
$2,450
avg leased
Leased $/SF: $2.88/SF
Days on Market: 35d
Closed Leases: 1
Active Supply: 2 units
135 Total SuitesBuilding Comps
Soleil 4

490 Gordon Krantz Ave

$2,200
avg leased
Leased $/SF: $3.38/SF
Days on Market: 17d
Closed Leases: 1
Active Supply: 2 units
122 Total SuitesBuilding Comps
$2,300
avg leased
Leased $/SF: $3.54/SF
Days on Market: 6d
Closed Leases: 1
Active Supply: 2 units
93 Total SuitesBuilding Comps
Art on Main

1050 Main St E

$2,000
avg leased
Leased $/SF: $3.64/SF
Days on Market: 23d
Closed Leases: 1
Active Supply: 1 units
242 Total SuitesBuilding Comps
$2,850
avg leased
Leased $/SF: $2.59/SF
Days on Market: 46d
Closed Leases: 1
Active Supply: 1 units
160 Total SuitesBuilding Comps
$2,550
avg leased
Leased $/SF: $3.00/SF
Days on Market: 4d
Closed Leases: 1
Active Supply: 1 units
75 Total SuitesBuilding Comps
163 Main Street E

163 Main Street E

$2,600
avg leased
Leased $/SF: $4.25/SF
Days on Market: 29d
Closed Leases: 1
Active Supply: 1 units
Condo ResidenceBuilding Comps
$2,650
avg leased
Leased $/SF: $3.12/SF
Days on Market: 12d
Closed Leases: 1
Active Supply: 0 units
75 Total SuitesBuilding Comps
$2,499
avg leased
Leased $/SF: $2.78/SF
Days on Market: 11d
Closed Leases: 1
Active Supply: 0 units
56 Total SuitesBuilding Comps
Viva 2 - Building 2

1370 Costigan Rd

$1,900
avg leased
Leased $/SF: $3.45/SF
Days on Market: 29d
Closed Leases: 1
Active Supply: 0 units
51 Total SuitesBuilding Comps
$2,150
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 5 units
133 Total SuitesBuilding Comps
Greenlife West-Side

33 Whitmer St

$2,725
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 2 units
148 Total SuitesBuilding Comps
Soleil 3

480 Gordon Krantz Ave

$2,550
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 2 units
128 Total SuitesBuilding Comps
$3,700
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 2 units
122 Total SuitesBuilding Comps
Creekside Condos

6415 Regional Rd 25

$2,600
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 1 units
276 Total SuitesBuilding Comps
$4,232
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 1 units
154 Total SuitesBuilding Comps
$2,300
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 1 units
56 Total SuitesBuilding Comps
$2,489
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 1 units
56 Total SuitesBuilding Comps
Maple Crossing 3

1483 Maple Ave

$2,500
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 1 units
56 Total SuitesBuilding Comps
Maple Crossing 4

1491 Maple Ave

$3,300
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 1 units
56 Total SuitesBuilding Comps
Maple Crossing 5

1487 Maple Ave

$2,500
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 1 units
56 Total SuitesBuilding Comps
Viva 2 - Building 1

1360 Costigan Rd

$2,000
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 1 units
51 Total SuitesBuilding Comps
Maple Crossing 2

1479 Maple Ave

$2,300
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 1 units
48 Total SuitesBuilding Comps
Mile and Creek

750 Whitlock Avenue

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
612 Total SuitesBuilding Comps
Mile And Creek Condos

720 Whitlock Avenue E

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
452 Total SuitesBuilding Comps
Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
254 Total SuitesBuilding Comps
Bronte West

830 Megson Terr

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
132 Total SuitesBuilding Comps
Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
75 Total SuitesBuilding Comps
Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
75 Total SuitesBuilding Comps
Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
71 Total SuitesBuilding Comps
Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
68 Total SuitesBuilding Comps
Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
64 Total SuitesBuilding Comps
Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
64 Total SuitesBuilding Comps
Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
64 Total SuitesBuilding Comps
Centennial Forest Heights

443 Centennial Forest Dr

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
51 Total SuitesBuilding Comps
Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
48 Total SuitesBuilding Comps
Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
48 Total SuitesBuilding Comps
Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
48 Total SuitesBuilding Comps
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
48 Total SuitesBuilding Comps
Maple Crossing 1

1471 Maple Ave

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
48 Total SuitesBuilding Comps
153 Main Street E

153 Main Street E

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
34 Total SuitesBuilding Comps
Calculation Methodology & Metrics Context (August 2026)
Average Leased Rent:

Derived from verified closed lease contracts finalized during August 2026 across multi-residential buildings in Milton.

Leased $/SF & Density:

Realized monthly lease price divided by interior living square footage (excluding external terraces and parking valuations).

Closed Leases & Fallbacks:

Total executed lease agreements. In boutique buildings with fewer than 2 monthly leases, comps automatically expand to a 90-day rolling window to preserve statistical validity.

Days on Market & Supply:

The duration from public MLS listing publication to final binding agreement. Active supply reflects current vacant or upcoming units available for rent.

Milton Rental Market Dynamics & Local Trends

Key Residential Rental Market Overview

Milton represents an important rental submarket, offering a diverse mix of 51 condominium and apartment residences. Rental demand is sustained by local employment centers, highway connectivity, and competitive cost-of-living advantages.

Transit connectivity, arterial road networks, and regional employment hubs drive tenant mobility throughout Milton. Properties close to central retail corridors and transit hubs consistently maintain superior occupancy and shorter listing cycles.

Month Over Month Trends

Milton recorded 39 leases in the latest 30-day period at an average realized rent of $2,369 per month, compared to 56 leases in the prior 30-day period at an average realized rent of $2,337 per month. This movement represents a pre-calculated month-over-month increase of $32 per month, or 1.37 percent. While transaction volume of 39 leases provides a moderate sample baseline, short-term percentage shifts should be evaluated alongside unit mix variations between monthly cohorts.

Longer Term Trends

Milton's historical dataset comprises 213 recorded leases with an all-time average lease price of $2,332 per month, an average rate of $3.22 per square foot, and an average DOM of 25 days. Mid-term indicators show stable pricing, with 90-day average rents at $2,360 per month across 124 leases and 180-day average rents at $2,332 per month across 213 leases. Overall rent dispersion spans from a minimum of $1,850 per month to a maximum of $3,200 per month, with a median rent of $2,250 per month. The middle 50 percent of the market—defined by an interquartile range spread of $500—clusters tightly between the 25th percentile of $2,100 per month and the 75th percentile of $2,600 per month.

For Renters

Renters evaluating Milton can expect realized rents to average $2,369 per month ($3.30 per square foot) based on recent 30-day transaction data. Market dispersion shows entry-level units starting around $1,850 per month, while the middle 50 percent of transactions cluster between $2,100 and $2,600 per month. Bedroom categories demonstrate clear price step-ups: 1-bedroom units average $2,007 per month across 584 square feet ($3.46 per square foot), 1-bedroom plus den units average $2,195 per month across 662 square feet ($3.34 per square foot) representing a $188 monthly step-up, and standard 2-bedroom units average $2,603 per month across 898 square feet ($2.99 per square foot) representing a $596 monthly step-up over 1-bedroom floor plans. Renters seeking alternative inventory nearby can review Oakville, where 1-bedroom units average $2,087 per month, or Burlington, where 1-bedroom units average $2,088 per month.

For Landlords

Landlords pricing rental properties in Milton should anchor their strategy on realized transaction data rather than asking averages. Recent leasing data shows an average realized rent of $2,369 per month against an active asking average of $2,476 per month, leaving an asking-versus-realized spread of $107 per month. Properties lease in an average of 19 days, reflecting brisk tenant absorption that outpaces the GTA benchmark of 24 days. Landlords must account for bedroom-specific square-foot economics: while 1-bedroom units achieve $3.46 per square foot across 584 square feet, 2-bedroom units average $2.99 per square foot across 898 square feet. Mispricing units above the middle 50 percent dispersion core—which spans $2,100 to $2,600 per month—runs the risk of exceeding local tolerance as indicated by Milton's 46.4 percent absorption rate.

For Realtors

Real estate professionals structuring rental CMAs in Milton can rely on a robust historical baseline of 213 leases across 51 tracked buildings, supplemented by 39 recent 30-day transactions averaging $2,369 per month ($3.30 per square foot). With average Days on Market resting at 19 days—5 days faster than the GTA 30-day benchmark of 24 days—agents can advise clients that well-priced inventory absorbs efficiently. When local transaction volume narrows in specific tiers, agents should incorporate mid-term 90-day benchmarks ($2,360 per month across 124 leases) and adjacent peer metrics from Oakville ($2,439 effective rent) and Burlington ($2,381 effective rent) to defend pricing strategies. The data shows clear square-foot rate compression as unit sizes scale, moving from $3.46 per square foot for 1-bedroom units down to $2.99 per square foot for 2-bedroom layouts.

Frequently Asked Questions

Milton Rental Market & Leasing FAQs

Essential answers for tenants, property owners, and real estate professionals navigating Milton

What is the average rent for a condominium or apartment in Milton?
Milton's average realized lease price for an apartment or condominium is $2,369 per month ($3.30 per square foot), based on FastScreen's recent 30-day transaction records of 39 leases with an average Days on Market of 19 days. Historical municipal transactions across all 213 recorded leases average $2,332 per month ($3.22 per square foot). Overall rent dispersion ranges from an entry-level floor of $1,850 per month to an upper ceiling of $3,200 per month, with a median rent of $2,250 per month and a middle 50 percent interquartile range spanning $2,100 to $2,600 per month. Milton's recent average rent is $248 per month below the GTA 30-day benchmark of $2,617 per month.
How much is a 1-bedroom apartment in Milton?
Milton's average realized lease price for a 1-bedroom apartment is $2,007 per month ($3.46 per square foot), based on FastScreen's historical transaction records of 51 recorded leases with an average unit size of 584 square feet. Recent 30-day data shows 9 leases averaging $2,064 per month ($3.63 per square foot). Active asking rents for 1-bedroom units average $2,158 per month ($3.82 per square foot) across 12 active listings, yielding an asking-versus-realized spread of $151 per month.
How much is a 2-bedroom apartment in Milton?
Milton's average realized lease price for a 2-bedroom apartment is $2,603 per month ($2.99 per square foot), based on FastScreen's historical transaction records of 58 recorded leases with an average unit size of 898 square feet. Recent 30-day data indicates 14 leases maintaining an identical average of $2,603 per month ($3.01 per square foot). Active asking rents average $2,773 per month ($3.41 per square foot) across 12 active listings, resulting in an asking-versus-realized spread of $170 per month. Two-bedroom units represent a $596 monthly step-up over 1-bedroom floor plans.
How much is a 3-bedroom apartment in Milton?
Milton's average realized lease price for a 3-bedroom or larger apartment is $2,864 per month ($2.72 per square foot), based on FastScreen's historical transaction records of 7 recorded leases with an average unit size of 1,072 square feet. Active asking rents average $3,700 per month ($4.63 per square foot) across 1 active listing. Because transaction volume in this category is limited to 7 historical leases with zero transactions recorded in the latest 30-day window, this figure serves as a limited data point rather than an authoritative high-volume market benchmark.
Which neighbourhoods in Milton are the most affordable versus most premium?
FastScreen currently tracks Milton as a single municipal rental submarket encompassing 51 buildings with an average realized rent of $2,332 per month. Because the available dataset does not divide Milton into multiple tracked submarkets, the current data does not support a neighbourhood-level affordability ranking within the municipality.
What area codes in Milton have the most expensive rental units? What area codes have the least?
FastScreen's rental dataset for Milton is concentrated within postal FSA L9E, encompassing 51 tracked buildings and 213 historical leases with an average rent of $2,332 per month. Because the current municipal dataset is contained within a single postal FSA, the data does not contain enough FSA-level variation to establish a premium versus affordable ranking across different area codes within Milton.
Which postal codes (FSAs) and neighbourhoods are covered in Milton's rental data?

FastScreen tracks residential lease transactions across Milton's primary postal code districts (FSAs):

  • Milton L9E, L9T: $2,369/month average leased rent
How fast do rental properties lease in Milton?
Rental properties in Milton lease in an average of 19 days, based on FastScreen's latest 30-day average Days on Market across 39 recorded leases. Milton's 30-day leasing velocity is 5 days faster than the historical all-time municipal average DOM of 25 days, and 5 days faster than the broader GTA 30-day benchmark of 24 days. Compared to nearby municipalities, Milton's 19-day leasing window is faster than Oakville at 26 days, Burlington at 28 days, and Halton Hills at 44 days.
How much more will a unit with a parking spot in Milton rent for versus a unit without one?
FastScreen cannot establish a reliable municipal parking premium for Milton because the available sample reflects unit mix and size differences rather than a true parking discount. For 1-bedroom units, units leased without parking recorded higher average realized rents ($2,418 per month across 581 square feet at $4.16 per square foot) than units leased with parking ($1,990 per month across 584 square feet at $3.43 per square foot), indicating that price variations reflect individual unit size and transaction composition.
How should Milton landlords price their rental units to prevent vacancy?
Landlords in Milton should price rental units by anchoring against realized transaction benchmarks rather than asking averages. Milton's recent 30-day realized rent averages $2,369 per month, while active listings command an average asking rent of $2,476 per month, indicating an asking-versus-realized spread of $107 per month. With units leasing in an average of 19 days and an absorption rate of 46.4 percent, landlords should position units within the middle 50 percent core pricing corridor—spanning $2,100 to $2,600 per month—to maintain competitive velocity and prevent extended vacancy.
Are parking spaces, lockers, and utilities included in Milton rents?
FastScreen's municipal rental dataset for Milton records specific transaction pricing and parking allocations across bedroom categories—such as 1-bedroom leases averaging $1,990 per month with parking and $2,418 per month without parking—but does not contain specific data regarding the inclusion of lockers, hydro, water, or general utilities. Renters and landlords should confirm utility and locker inclusions directly through individual building management or lease agreements.