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City in Ontario

Apartments & homes for rent in Milton

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

There are 238 rentals in Milton, Ontario, with a median rent of $2,350/mo. 50 are 1-bedroom apartments and units and 101 have 2 bedrooms.

family-friendly suburban community-oriented

132,979 people lived in Milton at the 2021 Census, in 40,040 households. 83% of households owned their home and 17% rented. The most common homes were single-detached houses (57%) and row houses (23%). 19% of homes were built before 1981, and 34% since 2011. 91% of commuters went to work by car and 3% by public transit.

Population of 132,979

Milton, Ontario

Milton Rentals

Day to dayLivability

Walkability

out of 100 · averaged over 90,992 past and present listings

Average walk score reported on listings here

6.8

Schools near listings

out of 10 · averaged over 90,992 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

$999,000

39% above Ontario

In Milton

$999,000

In Ontario

$716,900

Median monthly rent

$2,398/mo

4% below Ontario

In Milton

$2,398

In Ontario

$2,499

$797

Per square foot

≈ 34.7 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

508

Median $999,000

Houses 387 · Condos 121

For rent

238

Median $2,398

Houses 147 · Condos 91

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

Good number of parks for outdoor activities
Diverse housing options available
Decent school ratings
Close-knit community feel

Keep in mind

Median home prices are above provincial average
Limited public transit options
Higher rental prices compared to provincial median

The feel of the placeLifestyle

Daily life in Milton offers a suburban feel with family-friendly amenities. Residents enjoy access to parks and schools.

Great for families first-time buyers young professionals

Within the boundaryWhat's nearby

The boundary

363.2 km²

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

110

Parks

102

Playgrounds

Transit stations

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 363.2 km² of Milton. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

6.8/10

Average rating of the 31 rated schools in this area

Elementary

Secondary

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
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
Milton District High School
Public · Grades 9–12 · Halton DSB
8.0/107.7 over 5 yrs
86th of 742 Ontario secondary schools
1,535 students · EQAO 2024-2025
Brookville Public School
Public · Grades JK–8 · Halton DSB
7.6/107.4 over 5 yrs
516th of 3,045 Ontario elementary schools
340 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
Guardian Angels Catholic Elementary School
Catholic · Grades JK–8 · Halton CDSB
7.4/107.5 over 5 yrs
626th of 3,045 Ontario elementary schools
780 students · EQAO 2024-2025

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

132,979

Population (2021)

363.8 km²

Area

366

People per km²

36.8

Median age

$130,407

Median income

83%

Own their home

3.4

People per household

40,040

Households

Every age

Children (under 15)24.1%
Working age (15–64)66.0%
Seniors (65+)9.9%

What is built here

Detached houses56.7%
Semi-detached9.3%
Townhouses22.8%
Duplexes0.7%
Low-rise apartments4.8%
High-rise apartments5.4%

Own or rent

83%Owners

17%Renters

Across 40,040 households

When it was built

Mostly 2006–2010

1960 or earlier5%
1961–198013%
1981–19905%
1991–20003%
2001–200517%
2006–201022%
2011–201518%
2016–202116%

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.

42.1%
Born outside Canada: 40.5%
Hold a degree or higher: 63.2%
Employment rate: 3.4%
Commute by transit: 91.1%
Commute by car: 1.9
Children per family: $110,399
Median income after tax: $145,507
Average household income: 6%
Living on a low income: $2,290/mo
Renters pay, per month: $2,268/mo
Owners pay, per month: $984,751
Median home value at census: 32.6%
Renters spending 30%+ of income on housing: 21.9%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 134 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)

HOMEH Market Pulse Through September 2026 Deep sales history

What Rent Costs in Milton

2,017 homes were leased in Milton over the 12 months to September 2026. Half leased above $2,730 and half below, 4.8% lower than the 12 months before. A typical home found its tenant in 21 days.

Median rent: $2,730; -4.8% year over year
Days to lease: 21; 1 day slower
Leases closed: 2,017; last 12 months
Rent per square foot: $2.18/mo; from 1,958 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.

$3,755$3,127$2,498$1,870

Oct ’23Oct ’24Sep ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$3,000/mo

on a $3,000 asking rent — right at the asking rent

−10%Asking rent+10%

Of the asking rent: 100.0%
Leased over asking: 12%

From 2,017 leases that closed here in the last 12 months.

Rent or buy in Milton

28.1 years

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

Median sold price

$920,101

1,492 sales

Median rent

$2,730/mo

2,017 leases

Gross rental yield

3.56%

before costs

Both figures come from deals that actually closed in Milton 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 Milton

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

2,017leases

Condo apartment$2,22833.1%
Freehold town$3,02025.1%
Detached$3,25324.8%
Semi-detached$3,1757.1%
Condo town$2,7674.7%
Other kinds of home$2,1812.9%
Link home$3,5000.2%
Other kinds, too few of each —2.1%

How fast it moves

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

Oct 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Milton, rentals

Monthly closed leases in Milton
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	166	$2,600	$2,150 – $3,119	16	100.0%
Aug 2026	200	$2,750	$2,200 – $3,213	14	100.0%
Jul 2026	199	$2,800	$2,175 – $3,200	18	100.0%
Jun 2026	169	$2,900	$2,350 – $3,300	15	100.0%
May 2026	182	$2,700	$2,100 – $3,150	22	100.0%
Apr 2026	199	$2,500	$2,000 – $3,055	22	100.0%
Mar 2026	186	$2,750	$2,150 – $3,200	23	100.0%
Feb 2026	156	$2,650	$2,050 – $3,000	28	100.0%
Jan 2026	167	$2,650	$2,150 – $3,000	29	100.0%
Dec 2025	130	$2,750	$2,213 – $3,200	24	100.0%
Nov 2025	123	$2,800	$2,150 – $3,200	22	100.0%
Oct 2025	140	$3,000	$2,638 – $3,350	22	100.0%
Sep 2025	160	$2,988	$2,475 – $3,263	19	100.0%
Aug 2025	166	$2,995	$2,425 – $3,438	15	100.0%
Jul 2025	166	$2,950	$2,400 – $3,399	16	100.0%
Jun 2025	186	$2,950	$2,356 – $3,500	16	100.0%
May 2025	192	$2,750	$2,169 – $3,300	22	100.0%
Apr 2025	216	$2,738	$2,188 – $3,200	18	100.0%
Mar 2025	183	$2,800	$2,250 – $3,200	17	100.0%
Feb 2025	175	$2,750	$2,363 – $3,100	26	100.0%
Jan 2025	171	$2,800	$2,250 – $3,151	28	100.0%
Dec 2024	138	$2,800	$2,336 – $3,150	26	100.0%
Nov 2024	151	$2,900	$2,545 – $3,300	20	100.0%
Oct 2024	133	$3,100	$2,645 – $3,300	20	100.0%
Sep 2024	185	$2,900	$2,400 – $3,250	20	100.0%
Aug 2024	211	$3,200	$2,775 – $3,500	27	100.0%
Jul 2024	172	$3,060	$2,600 – $3,363	28	100.0%
Jun 2024	131	$3,200	$2,685 – $3,475	35	100.0%
May 2024	133	$3,000	$2,275 – $3,300	33	100.0%
Apr 2024	159	$2,950	$2,290 – $3,350	38	100.0%
Mar 2024	140	$2,900	$2,338 – $3,250	36	100.0%
Feb 2024	83	$2,850	$2,298 – $3,300	28	100.0%
Jan 2024	78	$2,900	$2,263 – $3,300	34	100.0%
Dec 2023	87	$2,999	$2,350 – $3,293	22	100.0%
Nov 2023	92	$3,125	$2,800 – $3,500	18	100.0%
Oct 2023	87	$3,300	$3,025 – $3,625	15	100.0%

What people ask about Milton

How much is rent in Milton?

The median lease in Milton closed at $2,730 a month over the 12 months to September 2026, across 2,017 leases.

Compiled by HOMEH from leases reported closed in Milton 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.

Questions, answered

Common questions about apartments & homes for rent in Milton

What is the average rent in Milton?

The median rent of the 238 rentals in Milton is $2,350/mo, from $1,250 to $5,700 a month.

Houses for rent in Milton

How much is a 1-bedroom apartment in Milton?

50 1-bedroom rentals are listed in Milton, with a median rent of $1,950/mo.

Condos for rent in Milton

How much is a 2-bedroom apartment in Milton?

101 2-bedroom rentals are listed in Milton, with a median rent of $2,200/mo.

Condos for rent in Milton

Keep looking

More Apartments & Homes for Rent in Milton

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