Real Estate for Rent in Raleigh, Hamilton, ON
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Neighbourhood in Hamilton
Raleigh
Raleigh is a residential neighbourhood in Hamilton, Ontario. It offers a mix of homes and local amenities, making it a comfortable place to live.
At a glance
Listed 4 days ago
Unit 1, 33 East 34th Street
Hamilton (Raleigh), ON L8V 3W2
DetachedFor Rent
Listed 8 days ago
Unit 202, 893 Concession Street
Hamilton (Raleigh), ON L8V 1E7
Condo ApartmentFor Rent
Listed 11 days ago
Unit Upper, 156 E36th Street
Hamilton (Raleigh), ON L8V 3Z4
MultiplexFor Rent
Listed 13 days ago
Unit LOWER, 9 East 33rd Street
Hamilton (Raleigh), ON L8V 3S9
DetachedFor Rent
Day to dayLivability
4.4
Schools near listings
out of 10 · averaged over 276 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
$519,900
In Raleigh
$519,900
In Hamilton
$719,999
In Ontario
$718,000
Median monthly rent
$1,800/mo
In Raleigh
$1,800
In Hamilton
$2,125
In Ontario
$2,500
≈ 24.1 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
12
Median $519,900
Houses 7 · Condos 5
For rent
7
Median $1,800
Houses 6 · Condos 1
Recently sold
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Recently leased
Sign in to see leased data
Market data as of 2026-10-13. 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 housing compared to Hamilton median
- Family-friendly environment with parks
- Access to local restaurants
- Strong community feel with diverse population
Keep in mind
- Limited public transit options
- Few grocery stores in the area
- No schools within the neighbourhood
The feel of the placeLifestyle
Daily life in Raleigh is relaxed and community-oriented, with easy access to parks and local dining options. Residents enjoy a mix of family living and a diverse community.
Within the boundaryWhat's nearby
The boundary
0.9 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
4
Parks
2
Playgrounds
7
Restaurants
3
Pharmacies
Counted across all 0.9 km² of Raleigh. From OpenStreetMap, as of 2026-10-19.
The peopleWho lives here
4,761
Population (2021)
0.9 km²
Area
5,172
People per km²
42.2
Median age
$70,051
Median income
53%
Own their home
2.1
People per household
2,370
Households
Every age
- Children (under 15)13.0%
- Working age (15–64)68.1%
- Seniors (65+)19.0%
What is built here
- Detached houses52.8%
- Townhouses1.1%
- Duplexes0.9%
- Low-rise apartments22.6%
- High-rise apartments21.1%
Own or rent
53%Owners
47%Renters
Across 2,370 households
When it was built
Mostly 1960 or earlier
- 1960 or earlier66%
- 1961–198026%
- 1981–19903%
- 1991–20003%
- 2001–20051%
- 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.
- 18.2%
- Born outside Canada
- 12.9%
- Hold a degree or higher
- 51.1%
- Employment rate
- 11.3%
- Commute by transit
- 80.2%
- Commute by car
- 1.5
- Children per family
- $62,100
- Median income after tax
- $77,671
- Average household income
- 12.2%
- Living on a low income
- $1,112/mo
- Renters pay, per month
- $1,258/mo
- Owners pay, per month
- $514,874
- Median home value at census
- 30%
- Renters spending 30%+ of income on housing
- 14.6%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 9 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
What homes in Raleigh actually rent for
22 homes were leased in Raleigh over the 12 months to September 2026. Half leased above $2,036 and half below, 0.5% lower than the 12 months before. A typical home found its tenant in 69 days — 37 days slower than a year ago.
- Median rent
- $2,036
- -0.5% year over year
- Days to lease
- 69
- 37 days slower
- Leases closed
- 22
- last 12 months
- Rent per square foot
- $2.26/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
$2,985/mo
on a $3,000 asking rent — under ask by $15
- Of the asking rent
- 99.5%
- Leased over asking
- 9.1%
From 22 leases that closed here in the last 12 months.
Rent or buy in Raleigh
24 years
of rent, at the going rate here, adds up to what a home here costs.
Median sold price
$585,704
49 sales
Median rent
$2,036/mo
22 leases
Gross rental yield
4.17%
before costs
Both figures come from deals that actually closed in Raleigh 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 — Raleigh, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 1 | Not enough leases this month to report a median | |||
| Aug 2026 | 2 | Not enough leases this month to report a median | |||
| Jun 2026 | 3 | Not enough leases this month to report a median | |||
| May 2026 | 3 | Not enough leases this month to report a median | |||
| Apr 2026 | 1 | Not enough leases this month to report a median | |||
| Mar 2026 | 3 | Not enough leases this month to report a median | |||
| Feb 2026 | 2 | Not enough leases this month to report a median | |||
| Jan 2026 | 3 | Not enough leases this month to report a median | |||
| Dec 2025 | 2 | Not enough leases this month to report a median | |||
| Nov 2025 | 1 | Not enough leases this month to report a median | |||
| Oct 2025 | 1 | Not enough leases this month to report a median | |||
| Sep 2025 | 4 | Not enough leases this month to report a median | |||
| Aug 2025 | 1 | Not enough leases this month to report a median | |||
| Jul 2025 | 2 | Not enough leases this month to report a median | |||
| Jun 2025 | 2 | Not enough leases this month to report a median | |||
| May 2025 | 1 | Not enough leases this month to report a median | |||
| Apr 2025 | 1 | Not enough leases this month to report a median | |||
| Mar 2025 | 2 | Not enough leases this month to report a median | |||
| Feb 2025 | 1 | Not enough leases this month to report a median | |||
| Jan 2025 | 1 | Not enough leases this month to report a median | |||
| Oct 2024 | 3 | Not enough leases this month to report a median | |||
| Sep 2024 | 5 | $1,949 | $1,949 – $2,400 | 59 | 100.0% |
| Jul 2024 | 1 | Not enough leases this month to report a median | |||
| Jun 2024 | 3 | Not enough leases this month to report a median | |||
| May 2024 | 2 | Not enough leases this month to report a median | |||
| Apr 2024 | 4 | Not enough leases this month to report a median | |||
| Mar 2024 | 1 | Not enough leases this month to report a median | |||
| Feb 2024 | 3 | Not enough leases this month to report a median | |||
| Jan 2024 | 1 | Not enough leases this month to report a median | |||
| Oct 2023 | 1 | Not enough leases this month to report a median | |||
29 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 Raleigh
How much does a home cost in Raleigh?
Homes in Raleigh sold for a median of $585,704 over the 12 months to September 2026, across 49 closed sales — half sold for more and half for less. That is 2.9% higher than the 12 months before it.
How long does it take to sell a home in Raleigh?
A home in Raleigh took a median of 33 days on the market over the 12 months to September 2026. Homes there closed at 97.2% of the asking price on average, with 12.2% selling over asking.
How much is rent in Raleigh?
The median lease in Raleigh closed at $2,036 a month over the 12 months to September 2026, across 22 leases.
Is it cheaper to rent or buy in Raleigh?
A home in Raleigh costs about 24.0 years of the rent on one — the median price of $585,704 against a median rent of $2,036 a month, a gross yield of 4.17%. The shorter that number, the closer buying is to renting before financing costs.
Compiled by HOMEH from leases reported closed in Raleigh 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
4 condo apartments are on the market in Raleigh right now. Too few have closed here in the last year for us to publish a median we would stand behind.