Average Rent in Hamilton, Ontario 2026 – Current Prices & Trends

The latest average rent prices in Hamilton, ON for 2026. 1-bedroom ~$1,600–$1,771, 2-bedroom ~$1,950–$2,148, overall ~$1,850–$2,075. Neighborhood breakdowns, trends, and tips.

Average Rent in Hamilton, Ontario – February 2026 Update

Looking for apartments or condos in Hamilton? Rent prices have stabilized or slightly cooled in recent months, thanks to higher vacancy rates (around 3.6% per CMHC 2025 data) and more supply entering the market. This makes 2026 a more tenant-friendly time compared to the post-pandemic peaks.

Note: These are asking rents (what landlords list), not always what tenants pay after negotiations. Prices vary by location, building age, amenities (e.g., parking, in-suite laundry, pet-friendly), and whether it’s a condo or purpose-built rental. Data is current as of January–February 2026 from major sources.

Current Average Rent Prices in Hamilton

  • Overall Average/Median Rent (all bedroom types, all property types): $1,850 – $2,075 per month
    • Zumper (January 2026): Median $1,850 (flat YoY, down 2% month-over-month)
    • Zillow (early February 2026): Average $2,000 (slight monthly dip, up ~$5 YoY)
    • Rentals.ca (December 2025, latest referenced): Average $2,075 overall
    • Apartments.com (February 2026): Average $1,601 (lower-end estimate, possibly focused on certain listings)

Hamilton remains more affordable than Toronto but higher than many smaller Ontario cities.

Average Rent by Bedroom Count

Bedroom TypeAverage Asking Rent RangeKey Sources & Notes
Studio/Bachelor$1,200 – $1,600Zumper/Zillow estimates; limited data, often lower in older buildings
1-Bedroom$1,606 – $1,771Rentals.ca (Dec 2025): $1,753 (down slightly from Nov, up 1.7% YoY) City centre: ~$1,771 Outside core: ~$1,724
2-Bedroom$1,950 – $2,148Rentals.ca (Dec 2025): $2,109 (up 1.2% YoY) Some reports: up to $2,148
3-Bedroom+$2,600 – $3,000+Numbeo/Team Shane estimates: $2,622 – $2,938 typical range

Rent Trends in Hamilton (2025–2026)

  • Rents rose modestly in some segments YoY but have softened recently due to:
    • Increased vacancy (3.6% citywide per CMHC, highest since pandemic)
    • Fewer international students and slower population growth in parts of Ontario
    • More new condo completions and purpose-built rentals
  • Hamilton saw average apartment rents up ~5.9% in some 2025 reports, but national trends show declines in many Ontario markets. Expect slower growth or stability in 2026.
  • Compared to nearby: Cheaper than Toronto (~$2,150+ for 1-bed), similar to or slightly below Kitchener/Waterloo.

How Rents Vary by Neighborhood

  • Downtown/Core (e.g., Corktown, Durand): Higher – 1-bed often $1,700+, closer to city centre averages.
  • Hamilton Mountain / Stoney Creek: More affordable – often $100–$300 lower than downtown.
  • Westdale / Near McMaster: Student-heavy areas may see deals but higher turnover.
  • Suburbs/Outskirts: Best value for families, with 2–3 bed units under $2,500 common.

Tips for Renters in Hamilton Right Now

  • Shop around – use filters on sites like Rentals.ca, Zumper, or PadMapper for pet-friendly, no-fee, or short-term options.
  • Negotiate – With vacancies up, some landlords offer incentives (free months, reduced deposits).
  • Check utilities – Many listings include heat/water; factor in extra costs for hydro/parking.
  • Act fast on good deals – Popular areas still move quickly.

For the most accurate, real-time prices tailored to your needs, browse these trusted sites:

Prices change monthly—bookmark this page or check back for updates. If you’re searching for a specific type (e.g., pet-friendly condo in Stoney Creek), let us know for more targeted help!

Last updated: February 2026. Sources: Rentals.ca, Zumper, Zillow, Apartments.com, CMHC, Numbeo, local reports.

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