Real Estate for Rent in Palmer, Burlington, ON
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Neighbourhood in Burlington
Palmer
Palmer is a quiet neighbourhood in Burlington, Ontario. It offers a mix of residential options and a family-friendly atmosphere.
At a glance
Day to dayLivability
6.8
Schools near listings
out of 10 · averaged over 327 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$919,900
In Palmer
$919,900
In Burlington
$939,900
In Ontario
$710,000
Median monthly rent
$2,980/mo
In Palmer
$2,980
In Burlington
$2,950
In Ontario
$2,500
≈ 25.7 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
22
Median $919,900
Condos 11 · Houses 11
For rent
1
Median $2,980
Houses 1
Recently sold
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Recently leased
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Market data as of 2026-10-21. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Family-friendly environment
- High home ownership rate
- Access to parks and green spaces
Keep in mind
- Limited public transit options
- Higher prices compared to some nearby areas
The feel of the placeLifestyle
Residents enjoy a suburban lifestyle with a focus on family activities and community events.
Within the boundaryWhat's nearby
The boundary
2.1 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
7
Parks
11
Playgrounds
1
Grocery stores
4
Restaurants
1
Cafés
3
Pharmacies
Counted across all 2.1 km² of Palmer. From OpenStreetMap, as of 2026-10-19.
The schoolsWhich schools, and how they rate
6.7/10
Average rating of the 2 rated schools in this area
3
Elementary
Canadian Martyrs Catholic Elementary School
Catholic · Grades JK–8 · Halton CDSB
8.0/108.1 over 5 yrs337th of 3,045 Ontario elementary schools
425 students · EQAO 2024-2025
Sir Ernest Macmillan Public School
Public · Grades JK–8 · Halton DSB
5.4/105.8 over 5 yrs1,985th of 3,045 Ontario elementary schools
335 students · EQAO 2024-2025
Dr Charles Best Public School
Public · Grades JK–5 · Halton DSB
Not rated
220 students · EQAO 2024-2025
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Palmer, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
6,644
Population (2021)
2.9 km²
Area
2,317
People per km²
42.2
Median age
$116,452
Median income
88%
Own their home
2.7
People per household
2,520
Households
Every age
- Children (under 15)16.9%
- Working age (15–64)64.9%
- Seniors (65+)18.2%
What is built here
- Detached houses65.1%
- Semi-detached6.1%
- Townhouses16%
- Duplexes3.2%
- Low-rise apartments9.9%
Own or rent
88%Owners
12%Renters
Across 2,520 households
When it was built
Mostly 1961–1980
- 1960 or earlier2%
- 1961–198061%
- 1981–199020%
- 1991–20008%
- 2001–20057%
- 2006–20100%
- 2011–20150%
- 2016–20210%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 23.1%
- Born outside Canada
- 31%
- Hold a degree or higher
- 59.4%
- Employment rate
- 2.8%
- Commute by transit
- 92.5%
- Commute by car
- 1.7
- Children per family
- $98,696
- Median income after tax
- $127,058
- Average household income
- 4.2%
- Living on a low income
- $1,839/mo
- Renters pay, per month
- $1,682/mo
- Owners pay, per month
- $843,919
- Median home value at census
- 16.1%
- Renters spending 30%+ of income on housing
- 13.2%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 12 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap
What homes in Palmer actually rent for
21 homes were leased in Palmer over the 12 months to September 2026. Half leased above $2,876 and half below, 1.7% lower than the 12 months before. A typical home found its tenant in 26 days.
- Median rent
- $2,876
- -1.7% year over year
- Days to lease
- 26
- Unchanged
- Leases closed
- 21
- last 12 months
- Rent per square foot
- $2.51/mo
- from 19 sized leases
Three years of rents
The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one home here differs from the next.
What renters actually paid
$2,999/mo
on a $3,000 asking rent — under ask by $1
- Of the asking rent
- 100.0%
- Leased over asking
- 14.3%
From 21 leases that closed here in the last 12 months.
Rent or buy in Palmer
25.7 years
of rent, at the going rate here, adds up to what a home here costs.
Median sold price
$887,083
74 sales
Median rent
$2,876/mo
21 leases
Gross rental yield
3.89%
before costs
Both figures come from deals that actually closed in Palmer over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.
Every month behind these charts — Palmer, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 2 | Not enough leases this month to report a median | |||
| Aug 2026 | 5 | $3,250 | $2,500 – $3,400 | 15 | 100.0% |
| Jul 2026 | 1 | Not enough leases this month to report a median | |||
| Jun 2026 | 2 | Not enough leases this month to report a median | |||
| May 2026 | 1 | Not enough leases this month to report a median | |||
| Apr 2026 | 2 | Not enough leases this month to report a median | |||
| Mar 2026 | 4 | Not enough leases this month to report a median | |||
| Jan 2026 | 2 | Not enough leases this month to report a median | |||
| Nov 2025 | 2 | Not enough leases this month to report a median | |||
| Sep 2025 | 2 | Not enough leases this month to report a median | |||
| Aug 2025 | 3 | Not enough leases this month to report a median | |||
| Jul 2025 | 3 | Not enough leases this month to report a median | |||
| Jun 2025 | 4 | Not enough leases this month to report a median | |||
| May 2025 | 3 | Not enough leases this month to report a median | |||
| Mar 2025 | 2 | Not enough leases this month to report a median | |||
| Feb 2025 | 2 | Not enough leases this month to report a median | |||
| Jan 2025 | 2 | Not enough leases this month to report a median | |||
| Nov 2024 | 2 | Not enough leases this month to report a median | |||
| Oct 2024 | 4 | Not enough leases this month to report a median | |||
| Sep 2024 | 3 | Not enough leases this month to report a median | |||
| Aug 2024 | 5 | $3,500 | $2,950 – $3,550 | 50 | 100.0% |
| Jul 2024 | 1 | Not enough leases this month to report a median | |||
| Jun 2024 | 2 | Not enough leases this month to report a median | |||
| May 2024 | 1 | Not enough leases this month to report a median | |||
| Jan 2024 | 1 | Not enough leases this month to report a median | |||
| Dec 2023 | 1 | Not enough leases this month to report a median | |||
| Nov 2023 | 3 | Not enough leases this month to report a median | |||
| Oct 2023 | 5 | $2,700 | $2,500 – $2,900 | 10 | 100.0% |
25 of these months closed fewer than 5 leases. A middle value taken over that few is not a market figure — with one lease it is simply that lease — so the count is shown and the median is not. The leases themselves still count toward the 12-month figures above.
What people ask about Palmer
How much does a home cost in Palmer?
Homes in Palmer sold for a median of $887,083 over the 12 months to September 2026, across 74 closed sales — half sold for more and half for less. That is 6.0% lower than the 12 months before it.
How long does it take to sell a home in Palmer?
A home in Palmer took a median of 33 days on the market over the 12 months to September 2026. Homes there closed at 97.4% of the asking price on average, with 8.1% selling over asking.
How much is rent in Palmer?
The median lease in Palmer closed at $2,876 a month over the 12 months to September 2026, across 21 leases.
Is it cheaper to rent or buy in Palmer?
A home in Palmer costs about 25.7 years of the rent on one — the median price of $887,083 against a median rent of $2,876 a month, a gross yield of 3.89%. The shorter that number, the closer buying is to renting before financing costs.
Compiled by HOMEH from leases reported closed in Palmer on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.
A condo here is its own market
3 condo apartments and 7 condo townhouses are on the market in Palmer right now. Too few have closed here in the last year for us to publish a median we would stand behind.