Real Estate for Rent in Cobban, Milton, ON
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Neighbourhood in Milton
Cobban
Cobban is a growing neighbourhood in Milton, Ontario. It offers a mix of residential homes and a family-friendly environment.
At a glance
Listed 2 days ago
507 Fir Court
Milton (Cobban), ON L9E 1M3
Freehold TownhouseFor Rent
Listed 3 days ago
879 Plum Place
Milton (Cobban), ON L9E 1E1
DetachedFor Rent
Listed 3 days ago
Unit 608, 720 Whitlock Avenue
Milton (Cobban), ON L9E 2B5
Condo ApartmentFor Rent
Listed 5 days ago
1541 Moonseed Place
Milton (Cobban), ON L9T 7E7
Freehold TownhouseFor Rent
Day to dayLivability
6.8
Schools near listings
out of 10 · averaged over 94 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
$630,000
In Cobban
$630,000
In Milton
$998,500
In Ontario
$715,000
Median monthly rent
$2,200/mo
In Cobban
$2,200
In Milton
$2,288
In Ontario
$2,500
≈ 23.9 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
32
Median $630,000
Condos 18 · Houses 14
For rent
25
Median $2,200
Houses 16 · Condos 9
Recently sold
Sign in to see sold data
Recently leased
Sign in to see leased data
Market data as of 2026-10-11. 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 city median
- Strong community feel
- Young population with families
- Good access to transportation
Keep in mind
- Limited amenities like parks and shops
- Few secondary schools available
The feel of the placeLifestyle
Daily life in Cobban is quiet and family-focused, with a strong sense of community. Residents enjoy a suburban feel with easy access to highways.
Within the boundaryWhat's nearby
The boundary
2.2 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
2
Playgrounds
Counted across all 2.2 km² of Cobban. From OpenStreetMap, as of 2026-10-19.
The schoolsWhich schools, and how they rate
2
Elementary
Cedar Ridge Public School
Public · Grades JK–8 · Halton DSB
Not rated
670 students · EQAO 2024-2025
St. Veronica Catholic Elementary School
Catholic · Grades JK–8 · Halton CDSB
Not rated
235 students · EQAO 2024-2025
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Cobban, 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
20,457
Population (2021)
27.6 km²
Area
742
People per km²
33.7
Median age
$126,589
Median income
76%
Own their home
3.5
People per household
5,900
Households
Every age
- Children (under 15)27.9%
- Working age (15–64)65.0%
- Seniors (65+)7.2%
What is built here
- Detached houses61.4%
- Semi-detached6%
- Townhouses23.4%
- Low-rise apartments0.7%
- High-rise apartments8%
Own or rent
76%Owners
24%Renters
Across 5,900 households
When it was built
Mostly 2016–2021
- 1960 or earlier1%
- 1961–19803%
- 1981–19903%
- 1991–20002%
- 2001–20052%
- 2006–201012%
- 2011–201510%
- 2016–202167%
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%
- Born outside Canada
- 48.2%
- Hold a degree or higher
- 63.4%
- Employment rate
- 4.6%
- Commute by transit
- 91%
- Commute by car
- 2
- Children per family
- $107,306
- Median income after tax
- $135,470
- Average household income
- 7.1%
- Living on a low income
- $2,615/mo
- Renters pay, per month
- $2,596/mo
- Owners pay, per month
- $1,014,997
- Median home value at census
- 48%
- Renters spending 30%+ of income on housing
- 29.6%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 8 census areas around the listings we hold here. 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 Cobban actually rent for
318 homes were leased in Cobban over the 12 months to September 2026. Half leased above $2,400 and half below, 10.6% lower than the 12 months before. A typical home found its tenant in 22 days.
- Median rent
- $2,400
- -10.6% year over year
- Days to lease
- 22
- 1 day slower
- Leases closed
- 318
- last 12 months
- Rent per square foot
- $2.82/mo
- from 315 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
- 10.4%
From 318 leases that closed here in the last 12 months.
Rent or buy in Cobban
36.9 years
of rent, at the going rate here, adds up to what a home here costs.
Median sold price
$1,062,362
76 sales
Median rent
$2,400/mo
318 leases
Gross rental yield
2.71%
before costs
Both figures come from deals that actually closed in Cobban 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 Cobban
A single median hides this: the mix of homes behind it, and what each kind costs.
- Condo apartment$2,15342.1%
- Freehold town$3,02811.3%
- Detached$2,8488.8%
- Condo town$2,6415.0%
- Other kinds of home$2,2502.5%
- Other kinds, too few of each —30.3%
How fast it moves
Median days on market, month by month. Taller means slower.
Terracotta marks the last 12 months.
Every month behind these charts — Cobban, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 20 | $2,675 | $2,200 – $3,325 | 22 | 99.8% |
| Aug 2026 | 20 | $2,225 | $2,187 – $3,213 | 16 | 100.0% |
| Jul 2026 | 50 | $2,278 | $1,900 – $3,000 | 22 | 100.0% |
| Jun 2026 | 21 | $2,571 | $2,200 – $2,950 | 19 | 99.8% |
| May 2026 | 22 | $2,775 | $2,344 – $2,975 | 27 | 100.0% |
| Apr 2026 | 29 | $2,400 | $2,000 – $2,800 | 23 | 100.0% |
| Mar 2026 | 33 | $2,200 | $2,100 – $2,750 | 21 | 100.0% |
| Feb 2026 | 38 | $2,175 | $2,000 – $2,788 | 19 | 100.0% |
| Jan 2026 | 37 | $2,150 | $2,000 – $2,500 | 20 | 100.0% |
| Dec 2025 | 23 | $2,700 | $2,178 – $3,175 | 24 | 100.0% |
| Nov 2025 | 12 | $2,250 | $2,038 – $3,088 | 27 | 100.0% |
| Oct 2025 | 13 | $3,300 | $2,900 – $3,600 | 28 | 100.0% |
| Sep 2025 | 16 | $3,025 | $2,838 – $3,313 | 12 | 100.0% |
| Aug 2025 | 19 | $3,200 | $2,500 – $3,450 | 27 | 100.0% |
| Jul 2025 | 17 | $3,000 | $2,500 – $3,300 | 15 | 100.0% |
| Jun 2025 | 22 | $2,815 | $2,350 – $3,100 | 18 | 100.0% |
| May 2025 | 54 | $2,275 | $2,113 – $2,744 | 19 | 100.0% |
| Apr 2025 | 63 | $2,450 | $2,100 – $2,725 | 19 | 100.0% |
| Mar 2025 | 35 | $2,680 | $2,225 – $2,800 | 15 | 100.0% |
| Feb 2025 | 46 | $2,600 | $2,500 – $2,810 | 26 | 100.0% |
| Jan 2025 | 32 | $2,775 | $2,644 – $3,063 | 33 | 100.0% |
| Dec 2024 | 17 | $2,950 | $2,600 – $3,350 | 23 | 100.0% |
| Nov 2024 | 18 | $3,025 | $2,713 – $3,188 | 15 | 100.0% |
| Oct 2024 | 9 | $3,100 | $2,990 – $3,288 | 32 | 100.0% |
| Sep 2024 | 9 | $3,250 | $3,000 – $3,250 | 20 | 100.0% |
| Aug 2024 | 16 | $3,340 | $2,100 – $3,500 | 35 | 100.0% |
| Jul 2024 | 9 | $3,250 | $3,200 – $3,500 | 33 | 100.0% |
| Jun 2024 | 14 | $3,350 | $3,200 – $3,500 | 43 | 100.0% |
| May 2024 | 11 | $3,300 | $2,425 – $3,500 | 44 | 100.0% |
| Apr 2024 | 13 | $3,200 | $3,000 – $3,500 | 25 | 100.0% |
| Mar 2024 | 12 | $3,025 | $3,000 – $3,144 | 33 | 100.0% |
| Feb 2024 | 8 | $3,025 | $2,988 – $3,313 | 40 | 100.0% |
| Jan 2024 | 10 | $3,150 | $2,325 – $3,200 | 40 | 100.0% |
| Dec 2023 | 6 | $3,150 | $3,025 – $3,875 | 15 | 100.0% |
| Nov 2023 | 11 | $3,200 | $3,100 – $3,425 | 29 | 100.0% |
| Oct 2023 | 11 | $3,550 | $3,200 – $3,800 | 14 | 100.0% |
What people ask about Cobban
How much does a home cost in Cobban?
Homes in Cobban sold for a median of $1,062,362 over the 12 months to September 2026, across 76 closed sales — half sold for more and half for less. That is 3.1% higher than the 12 months before it.
How long does it take to sell a home in Cobban?
A home in Cobban took a median of 30 days on the market over the 12 months to September 2026. Homes there closed at 97.2% of the asking price on average, with 13.2% selling over asking.
How much is rent in Cobban?
The median lease in Cobban closed at $2,400 a month over the 12 months to September 2026, across 318 leases.
Is it cheaper to rent or buy in Cobban?
A home in Cobban costs about 36.9 years of the rent on one — the median price of $1,062,362 against a median rent of $2,400 a month, a gross yield of 2.71%. The shorter that number, the closer buying is to renting before financing costs.
What kind of homes sell in Cobban?
Over the 12 months to September 2026 the mix in Cobban was detached (26.3% of sales, median $1,233,996) and freehold town (7.9% of sales, median $789,000).
Compiled by HOMEH from leases reported closed in Cobban 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
12 condo apartments and 14 condo townhouses are on the market in Cobban right now. Too few have closed here in the last year for us to publish a median we would stand behind.
- Median condo rent
- $2,153/mo
- 134 leases