Real Estate for Rent in Dempsey, Milton, ON

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

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Neighbourhood in Milton

Dempsey

family-friendly community-oriented suburban

Dempsey is a growing neighbourhood in Milton, Ontario. It offers a mix of residential options and amenities for families and young professionals.

Good schools with an average rating of 7 Multiple parks and playgrounds available Close to grocery stores and restaurants Diverse community with 45% immigrants High home ownership at 85.5%

Day to dayLivability

Schools near listings

out of 10 · averaged over 102 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

$754,450

24% below Milton 5% above Ontario

In Dempsey

$754,450

In Milton

$999,000

In Ontario

$718,000

Median monthly rent

$2,475/mo

8% above Milton 1% below Ontario

In Dempsey

$2,475

In Milton

$2,288

In Ontario

$2,500

≈ 25.4 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

Median $754,450

Condos 22 · Houses 15

For rent

Median $2,475

Condos 11 · Houses 2

Recently sold

Recently leased

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

Family-friendly environment
Strong community feel
Access to quality education
Variety of housing types available

Keep in mind

Limited public transit options
Higher home prices compared to city median

The feel of the placeLifestyle

Daily life in Dempsey is relaxed and community-oriented, with many amenities nearby. Residents enjoy a suburban feel with easy access to parks and schools.

Great for families first-time buyers young professionals

Within the boundaryWhat's nearby

The boundary

2.5 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

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 2.5 km² of Dempsey. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

7.1/10

Average rating of the 3 rated schools in this area

Elementary

Secondary

Bishop Paul Francis Reding Catholic Secondary School
Catholic · Grades 9–12 · Halton CDSB
8.2/107.8 over 5 yrs
65th of 742 Ontario secondary schools
2,660 students · EQAO 2024-2025
Chris Hadfield Public School
Public · Grades JK–8 · Halton DSB
7.5/107.3 over 5 yrs
571st of 3,045 Ontario elementary schools
740 students · EQAO 2024-2025
St. Peter Catholic Elementary School
Catholic · Grades JK–8 · Halton CDSB
5.6/106.7 over 5 yrs
1,868th of 3,045 Ontario elementary schools
595 students · EQAO 2024-2025

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

9,879

Population (2021)

2.5 km²

Area

3,943

People per km²

36.3

Median age

$122,999

Median income

86%

Own their home

3.2

People per household

3,240

Households

Every age

Children (under 15)21.1%
Working age (15–64)69.9%
Seniors (65+)9.0%

What is built here

Detached houses35.5%
Semi-detached15.5%
Townhouses20.6%
Low-rise apartments27.8%

Own or rent

86%Owners

15%Renters

Across 3,240 households

When it was built

Mostly 2001–2005

1960 or earlier0%
1961–19800%
1981–19900%
1991–20005%
2001–200548%
2006–201019%
2011–201517%
2016–20219%

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.

45%
Born outside Canada: 39.9%
Hold a degree or higher: 65.7%
Employment rate: 4.3%
Commute by transit: 89.9%
Commute by car: 1.8
Children per family: $104,065
Median income after tax: $133,327
Average household income: 5.1%
Living on a low income: $1,974/mo
Renters pay, per month: $2,127/mo
Owners pay, per month: $814,579
Median home value at census: 20.2%
Renters spending 30%+ of income on housing: 20.6%
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

HOMEH Market Pulse Through September 2026 Deep sales history

What homes in Dempsey actually rent for

120 homes were leased in Dempsey over the 12 months to September 2026. Half leased above $2,593 and half below, 6.5% lower than the 12 months before. A typical home found its tenant in 22 days — 2 days slower than a year ago.

Median rent: $2,593; -6.5% year over year
Days to lease: 22; 2 days slower
Leases closed: 120; last 12 months
Rent per square foot: $2.43/mo; from 119 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.

$3,977$3,184$2,391$1,599

Oct ’23Oct ’24Sep ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$2,995/mo

on a $3,000 asking rent — under ask by $5

−10%Asking rent+10%

Of the asking rent: 99.8%
Leased over asking: 10.8%

From 120 leases that closed here in the last 12 months.

Rent or buy in Dempsey

23 years

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

Median sold price

$715,223

120 sales

Median rent

$2,593/mo

120 leases

Gross rental yield

4.35%

before costs

Both figures come from deals that actually closed in Dempsey 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 Dempsey

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

120leases

Condo apartment$2,43435.8%
Freehold town$3,0004.2%
Other kinds, too few of each —60.0%

How fast it moves

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

Aug 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Dempsey, rentals

Monthly closed leases in Dempsey
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	10	$2,850	$2,625 – $3,225	13	100.0%
Aug 2026	9	$2,611	$2,263 – $2,900	16	99.6%
Jul 2026	14	$2,711	$2,275 – $2,975	29	100.0%
Jun 2026	11	$2,545	$1,763 – $2,950	17	99.7%
May 2026	9	$2,450	$2,000 – $2,863	28	99.7%
Apr 2026	14	$2,382	$2,250 – $2,800	23	100.0%
Mar 2026	5	$2,900	$2,600 – $3,100	35	98.6%
Feb 2026	13	$2,600	$2,050 – $2,700	16	100.0%
Jan 2026	14	$2,675	$2,550 – $2,875	27	100.0%
Dec 2025	4	Not enough leases this month to report a median
Nov 2025	7	$2,350	$2,225 – $2,850	18	100.0%
Oct 2025	10	$2,773	$2,713 – $2,838	16	100.0%
Sep 2025	16	$2,775	$2,350 – $3,075	14	100.0%
Aug 2025	8	$3,075	$2,638 – $3,813	36	100.0%
Jul 2025	18	$2,750	$2,475 – $2,975	16	100.0%
Jun 2025	12	$2,870	$2,400 – $2,906	18	100.0%
May 2025	10	$2,800	$2,700 – $3,000	24	100.0%
Apr 2025	10	$2,820	$2,450 – $3,113	27	99.0%
Mar 2025	6	$2,775	$2,400 – $3,038	11	99.2%
Feb 2025	8	$2,400	$2,138 – $3,025	30	100.0%
Jan 2025	8	$2,450	$2,175 – $2,950	24	98.3%
Dec 2024	6	$3,125	$3,018 – $3,413	16	100.0%
Nov 2024	8	$2,700	$2,613 – $2,763	18	99.1%
Oct 2024	4	Not enough leases this month to report a median
Sep 2024	8	$2,825	$2,800 – $2,900	22	100.0%
Aug 2024	17	$2,800	$2,700 – $3,250	16	100.0%
Jul 2024	16	$2,798	$2,713 – $3,000	27	100.0%
Jun 2024	14	$2,750	$2,575 – $2,838	39	100.0%
May 2024	11	$3,000	$2,575 – $3,288	36	100.0%
Apr 2024	11	$2,850	$2,425 – $3,055	35	100.0%
Mar 2024	7	$3,000	$2,350 – $3,125	36	100.0%
Feb 2024	2	Not enough leases this month to report a median
Jan 2024	2	Not enough leases this month to report a median
Dec 2023	10	$2,713	$2,525 – $2,950	31	100.0%
Nov 2023	5	$2,850	$2,800 – $3,000	13	100.0%
Oct 2023	7	$2,650	$2,550 – $2,923	24	100.0%

4 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 Dempsey

How much does a home cost in Dempsey?

Homes in Dempsey sold for a median of $715,223 over the 12 months to September 2026, across 120 closed sales — half sold for more and half for less. That is 9.7% lower than the 12 months before it.

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

A home in Dempsey took a median of 29 days on the market over the 12 months to September 2026. Homes there closed at 97.4% of the asking price on average, with 15.8% selling over asking.

How much is rent in Dempsey?

The median lease in Dempsey closed at $2,593 a month over the 12 months to September 2026, across 120 leases.

Is it cheaper to rent or buy in Dempsey?

A home in Dempsey costs about 23.0 years of the rent on one — the median price of $715,223 against a median rent of $2,593 a month, a gross yield of 4.35%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from leases reported closed in Dempsey 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 Dempsey

A condo here is its own market

Half the condo apartments that changed hands in Dempsey over the 12 months to September 2026 sold above $488,204. Condos were 23% of everything that closed here, so there is no freehold market in Dempsey to read that number against.

Median condo sold price: $488K; 27 closed sales
Median condo rent: $2,434/mo; 43 leases
Days to sell: 28; median, condo apartments
Share of all sales: 23%; of everything that closed here