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City in Ontario

Townhouses for rent in Milton

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

There are 51 townhouses for rent in Milton today, with a median rent of $3,150/mo (+31% vs. all rentals in Milton). The most active neighbourhoods are Cobban, Clarke and Willmott.

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 Townhouse 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

$999,111

39% above Ontario

In Milton

$999,111

In Ontario

$716,900

Median monthly rent

$2,400/mo

4% below Ontario

In Milton

$2,400

In Ontario

$2,499

$797

Per square foot

≈ 34.7 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

517

Median $999,111

Houses 396 · Condos 121

For rent

241

Median $2,400

Houses 153 · Condos 88

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 Townhouses only Through September 2026 Deep sales history

What townhouses in Milton actually rent for

601 townhouses were leased in Milton over the 12 months to September 2026. Half leased above $2,980 and half below, 0.7% lower than the 12 months before. A typical townhouse found its tenant in 19 days.

Median rent: $2,980; -0.7% year over year
Days to lease: 19; Unchanged
Leases closed: 601; last 12 months
Rent per square foot: $1.97/mo; from 599 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 townhouse here differs from the next.

$3,503$3,126$2,749$2,372

Feb ’24Dec ’24Nov ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$2,999/mo

on a $3,000 asking rent — under ask by $1

−10%Asking rent+10%

Of the asking rent: 100.0%
Leased over asking: 12.6%

From 601 leases that closed here in the last 12 months.

Rent or buy in Milton

22.4 years

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

Median sold price

$799,998

466 sales

Median rent

$2,980/mo

601 leases

Gross rental yield

4.47%

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 townhouses behind it, and what each kind costs.

601leases

Freehold town$3,02084.2%
Condo town$2,76715.8%

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	43	$2,972	$2,706 – $3,250	19	100.0%
Aug 2026	54	$3,064	$2,675 – $3,300	13	100.0%
Jul 2026	70	$2,989	$2,550 – $3,200	16	100.0%
Jun 2026	50	$2,985	$2,450 – $3,153	22	100.0%
May 2026	45	$3,057	$2,731 – $3,200	14	100.0%
Apr 2026	53	$2,959	$2,588 – $3,250	15	100.0%
Mar 2026	59	$2,953	$2,525 – $3,119	17	99.8%
Feb 2026	48	$2,894	$2,613 – $3,000	27	100.2%
Jan 2026	52	$2,900	$2,643 – $3,100	22	99.9%
Dec 2025	42	$2,974	$2,800 – $3,100	20	100.0%
Nov 2025	33	$3,009	$2,750 – $3,200	21	99.6%
Oct 2025	52	$3,019	$2,719 – $3,200	21	100.0%
Sep 2025	61	$3,046	$2,750 – $3,250	20	100.0%
Aug 2025	58	$3,078	$2,800 – $3,200	13	100.0%
Jul 2025	47	$3,050	$2,950 – $3,200	14	100.0%
Jun 2025	54	$3,127	$2,900 – $3,300	12	100.0%
May 2025	49	$3,036	$2,538 – $3,300	17	100.0%
Apr 2025	83	$2,917	$2,481 – $3,290	17	100.0%
Mar 2025	68	$2,976	$2,623 – $3,300	17	99.4%
Feb 2025	77	$2,825	$2,500 – $3,225	20	100.0%
Jan 2025	69	$2,913	$2,600 – $3,200	27	100.0%
Dec 2024	51	$2,983	$2,600 – $3,200	30	100.0%
Nov 2024	53	$3,029	$2,700 – $3,300	23	100.0%
Oct 2024	57	$3,153	$2,874 – $3,300	19	100.0%
Sep 2024	62	$3,094	$2,800 – $3,250	20	100.0%
Aug 2024	72	$3,219	$2,749 – $3,425	21	100.0%
Jul 2024	69	$3,160	$2,800 – $3,300	25	100.0%
Jun 2024	57	$3,250	$3,100 – $3,370	34	100.0%
May 2024	42	$3,163	$2,950 – $3,300	29	100.0%
Apr 2024	48	$3,200	$3,000 – $3,363	34	100.0%
Mar 2024	48	$3,100	$2,981 – $3,250	34	100.0%
Feb 2024	17	$3,100	$2,950 – $3,300	25	100.0%

What people ask about Milton

How much is rent for a townhouse in Milton?

The median townhouse lease in Milton closed at $2,980 a month over the 12 months to September 2026, across 601 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 townhouse. Not an appraisal or an opinion of value.

Keep looking

More Rentals in Milton

241 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.

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