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City in Ontario

Homes for rent under $1M in Hamilton

727 homes in Hamilton are listed for rent under $1M, which is 100% of everything for rent. Detached houses are the largest group, and the most active neighbourhoods are Beasley and Corktown.

community-oriented affordable active

569,353 people lived in Hamilton at the 2021 Census, in 222,745 households. 66% of households owned their home and 34% rented. The most common homes were single-detached houses (56%) and apartments in buildings of five or more storeys (16%). 61% of homes were built before 1981, and 9% since 2011. 85% of commuters went to work by car and 7% by public transit.

Population of 569,353

Hamilton, Ontario

Homes for Rent in Hamilton Under $1M

Day to dayLivability

Walkability

out of 100 · averaged over 128,148 past and present listings

Average walk score reported on listings here

5.2

Schools near listings

out of 10 · averaged over 128,148 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

$699,900

2% below Ontario

In Hamilton

$699,900

In Ontario

$716,900

Median monthly rent

$2,125/mo

15% below Ontario

In Hamilton

$2,125

In Ontario

$2,499

$554

Per square foot

≈ 27.4 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

2,144

Median $699,900

Houses 1,663 · Condos 481

For rent

730

Median $2,125

Houses 485 · Condos 245

Recently sold

Recently leased

Market data as of 2026-08-16. 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

Affordable compared to provincial median prices
Variety of amenities including parks and restaurants
Good walkability score of 65
Multiple grocery stores available

Keep in mind

Median rent is higher than the provincial average
School score is average at 5.1

The feel of the placeLifestyle

Daily life in Hamilton is vibrant with access to parks and dining options. The community is active and offers various services.

Great for first-time buyers families young professionals

Within the boundaryWhat's nearby

The boundary

1,121.3 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

435

Parks

471

Playgrounds

Transit stations

109

Grocery stores

483

Restaurants

199

Cafés

Gyms

Libraries

120

Pharmacies

Counted across all 1,121.3 km² of Hamilton. From OpenStreetMap, as of 2026-10-19.

The schoolsWhich schools, and how they rate

5.4/10

Average rating of the 135 rated schools in this area

184

Elementary

Secondary

Corpus Christi Catholic Elementary School
Catholic · Grades JK–8 · Hamilton-Wentworth CDSB
9.4/108.4 over 5 yrs
48th of 3,045 Ontario elementary schools
415 students · EQAO 2024-2025
St. Bernadette Catholic Elementary School
Catholic · Grades JK–8 · Hamilton-Wentworth CDSB
8.6/107.7 over 5 yrs
150th of 3,045 Ontario elementary schools
270 students · EQAO 2024-2025
St. Mark Catholic Elementary School
Catholic · Grades JK–8 · Hamilton-Wentworth CDSB
8.6/107.9 over 5 yrs
150th of 3,045 Ontario elementary schools
515 students · EQAO 2024-2025
St. James the Apostle Catholic Elementary School
Catholic · Grades JK–8 · Hamilton-Wentworth CDSB
8.5/106.7 over 5 yrs
175th of 3,045 Ontario elementary schools
520 students · EQAO 2024-2025
Guardian Angels Catholic Elementary School
Catholic · Grades JK–8 · Hamilton-Wentworth CDSB
8.4/107.7 over 5 yrs
209th of 3,045 Ontario elementary schools
455 students · EQAO 2024-2025
St. Anthony Daniel Catholic Elementary School
Catholic · Grades JK–8 · Hamilton-Wentworth CDSB
8.3/105.7 over 5 yrs
231st of 3,045 Ontario elementary schools
160 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Hamilton, 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

569,353

Population (2021)

1,118.3 km²

Area

509

People per km²

41.8

Median age

$95,751

Median income

66%

Own their home

2.6

People per household

222,745

Households

Every age

Children (under 15)16.0%
Working age (15–64)65.7%
Seniors (65+)18.3%

What is built here

Detached houses56.2%
Semi-detached3%
Townhouses12.3%
Duplexes3.3%
Low-rise apartments8.5%
High-rise apartments16.4%

Own or rent

66%Owners

34%Renters

Across 222,745 households

When it was built

Mostly 1960 or earlier

1960 or earlier33%
1961–198028%
1981–199011%
1991–20009%
2001–20054%
2006–20104%
2011–20154%
2016–20215%

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.

25.9%
Born outside Canada: 25.2%
Hold a degree or higher: 54.5%
Employment rate: 7%
Commute by transit: 85.4%
Commute by car: 1.8
Children per family: $83,220
Median income after tax: $110,444
Average household income: 10.9%
Living on a low income: $1,388/mo
Renters pay, per month: $1,455/mo
Owners pay, per month: $703,112
Median home value at census: 29.3%
Renters spending 30%+ of income on housing: 14.5%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 891 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, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

Questions, answered

Common questions about homes for rent under $1M in Hamilton

How many homes in Hamilton rent for under $1M?

727 homes in Hamilton are listed for rent under $1M today, 100% of the 730 homes for rent. Their median rent is $2,115/mo.

All rentals in Hamilton

What kind of home can I rent in Hamilton for under $1M?

Under $1M, Hamilton has detached houses (263), condo apartments (203) and multiplexes (99) for rent. Most have 1 to 4 bedrooms.

Houses for rent in Hamilton

Keep looking

More Rentals in Hamilton

730 homes are for rent in Hamilton. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.