Real Estate for Rent in Coates, Milton, ON

Name: HOMEH Market Pulse — Coates, Milton closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

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Neighbourhood in Milton

Coates

family-friendly community-oriented suburban

Coates is a family-friendly neighbourhood in Milton, Ontario. It offers a mix of residential homes and a community feel.

Median home price is $854,900 Average rent is $2,148 High ownership rate at 86.7% Good school rating average of 6.9 Diverse community with 51.2% immigrants

Day to dayLivability

6.9

Schools near listings

out of 10 · averaged over 83 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

$854,900

14% below Milton 19% above Ontario

In Coates

$854,900

In Milton

$998,999

In Ontario

$718,000

Median monthly rent

$2,148/mo

5% below Milton 14% below Ontario

In Coates

$2,148

In Milton

$2,269

In Ontario

$2,500

≈ 33.2 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

Median $854,900

Houses 21 · Condos 9

For rent

Median $2,148

Houses 11 · Condos 4

Recently sold

Recently leased

Market data as of 2026-10-12. 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

Strong family-oriented environment
Access to local parks and playgrounds
Close-knit community with a variety of housing options
Good median income of $139,442
Low percentage of low-income households

Keep in mind

Limited public transit options
Few restaurants and grocery stores
Higher rent compared to the province median

The feel of the placeLifestyle

Daily life in Coates is calm and community-focused, with families enjoying the nearby parks. Residents often commute by car.

Great for families first-time buyers those seeking a quiet lifestyle

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.

Parks

Playgrounds

Restaurants

Cafés

Pharmacies

Counted across all 2.1 km² of Coates. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

7.2/10

Average rating of the 2 rated schools in this area

Elementary

Our Lady of Fatima Catholic Elementary School
Catholic · Grades JK–8 · Halton CDSB
8.3/107.6 over 5 yrs
231st of 3,045 Ontario elementary schools
545 students · EQAO 2024-2025
Tiger Jeet Singh Public School
Public · Grades JK–8 · Halton DSB
6.0/10
1,590th of 3,045 Ontario elementary schools
825 students · EQAO 2024-2025

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

12,933

Population (2021)

4.2 km²

Area

3,071

People per km²

Median age

$139,442

Median income

87%

Own their home

3.7

People per household

3,545

Households

Every age

Children (under 15)28.4%
Working age (15–64)66.2%
Seniors (65+)5.4%

What is built here

Detached houses54.9%
Semi-detached15%
Townhouses27.8%
Duplexes0.7%
Low-rise apartments0.6%
High-rise apartments0.7%

Own or rent

87%Owners

13%Renters

Across 3,545 households

When it was built

Mostly 2006–2010

1960 or earlier0%
1961–19800%
1981–19900%
1991–20001%
2001–20058%
2006–201050%
2011–201514%
2016–202127%

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.

51.2%
Born outside Canada: 49.1%
Hold a degree or higher: 65%
Employment rate: 4%
Commute by transit: 89.8%
Commute by car: 2
Children per family: $117,856
Median income after tax: $143,772
Average household income: 5.7%
Living on a low income: $2,694/mo
Renters pay, per month: $2,581/mo
Owners pay, per month: $985,560
Median home value at census: 40.4%
Renters spending 30%+ of income on housing: 24.5%
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 Market Pulse Through September 2026 Deep sales history

What homes in Coates actually rent for

190 homes were leased in Coates over the 12 months to September 2026. Half leased above $2,450 and half below, 14.0% lower than the 12 months before. A typical home found its tenant in 21 days — 5 days quicker than a year ago.

Median rent: $2,450; -14.0% year over year
Days to lease: 21; 5 days quicker
Leases closed: 190; last 12 months
Rent per square foot: $2.80/mo; from 187 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.

$3,822$2,991$2,159$1,328

Oct ’23Oct ’24Sep ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$2,993/mo

on a $3,000 asking rent — under ask by $7

−10%Asking rent+10%

Of the asking rent: 99.8%
Leased over asking: 7.4%

From 190 leases that closed here in the last 12 months.

Rent or buy in Coates

30.9 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$908,632

98 sales

Median rent

$2,450/mo

190 leases

Gross rental yield

3.24%

before costs

Both figures come from deals that actually closed in Coates over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

What actually rents in Coates

A single median hides this: the mix of homes behind it, and what each kind costs.

190leases

Condo apartment$2,30856.8%
Detached$1,6002.6%
Other kinds, too few of each —40.6%

How fast it moves

Median days on market, month by month. Taller means slower.

Sep 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Coates, rentals

Monthly closed leases in Coates
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	8	$2,500	$2,125 – $2,713	20	99.2%
Aug 2026	15	$2,500	$2,213 – $2,975	15	100.0%
Jul 2026	13	$2,900	$2,300 – $3,300	14	100.0%
Jun 2026	15	$2,393	$2,085 – $3,250	14	100.0%
May 2026	31	$2,229	$1,600 – $2,738	16	100.0%
Apr 2026	37	$2,258	$1,650 – $2,513	18	100.0%
Mar 2026	16	$2,650	$2,125 – $3,125	33	100.0%
Feb 2026	4	Not enough leases this month to report a median
Jan 2026	20	$2,475	$2,100 – $2,656	30	100.0%
Dec 2025	11	$2,600	$2,115 – $2,700	15	98.1%
Nov 2025	10	$2,650	$2,213 – $2,850	34	100.0%
Oct 2025	10	$2,463	$1,793 – $2,775	30	98.4%
Sep 2025	12	$3,250	$2,788 – $3,500	24	100.0%
Aug 2025	9	$2,750	$2,600 – $2,950	15	100.0%
Jul 2025	10	$2,800	$2,213 – $3,375	38	100.0%
Jun 2025	15	$3,200	$2,395 – $3,570	10	100.0%
May 2025	12	$2,979	$1,650 – $3,225	28	100.0%
Apr 2025	8	$2,713	$2,280 – $3,025	13	100.0%
Mar 2025	14	$2,650	$1,950 – $2,788	27	100.0%
Feb 2025	7	$2,871	$1,500 – $3,650	30	99.1%
Jan 2025	14	$2,675	$2,150 – $2,963	45	100.0%
Dec 2024	10	$2,625	$2,550 – $2,775	32	99.1%
Nov 2024	12	$2,825	$2,688 – $3,050	30	99.4%
Oct 2024	13	$2,725	$2,350 – $2,800	21	100.0%
Sep 2024	28	$2,725	$2,356 – $2,863	25	100.0%
Aug 2024	22	$2,800	$2,588 – $3,300	14	100.0%
Jul 2024	6	$2,650	$2,225 – $3,150	16	102.5%
Jun 2024	6	$3,425	$3,355 – $3,638	33	101.4%
May 2024	11	$3,150	$1,900 – $3,450	39	100.0%
Apr 2024	7	$3,300	$1,775 – $3,550	37	100.0%
Mar 2024	4	Not enough leases this month to report a median
Feb 2024	3	Not enough leases this month to report a median
Jan 2024	3	Not enough leases this month to report a median
Dec 2023	7	$2,600	$2,000 – $3,450	46	100.0%
Nov 2023	4	Not enough leases this month to report a median
Oct 2023	6	$3,275	$3,000 – $3,650	9	100.0%

5 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 Coates

How much does a home cost in Coates?

Homes in Coates sold for a median of $908,632 over the 12 months to September 2026, across 98 closed sales — half sold for more and half for less. That is 15.8% lower than the 12 months before it.

How long does it take to sell a home in Coates?

A home in Coates took a median of 25 days on the market over the 12 months to September 2026. Homes there closed at 97.6% of the asking price on average, with 18.4% selling over asking.

How much is rent in Coates?

The median lease in Coates closed at $2,450 a month over the 12 months to September 2026, across 190 leases.

Is it cheaper to rent or buy in Coates?

A home in Coates costs about 30.9 years of the rent on one — the median price of $908,632 against a median rent of $2,450 a month, a gross yield of 3.24%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from leases reported closed in Coates 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.

Condos in Coates

A condo here is its own market

10 condo apartments are on the market in Coates right now. Too few have closed here in the last year for us to publish a median we would stand behind.