2077 Prospect Street
2067-2077 Prospect St,
Burlington, ON L7R 1Y9
1 Bed | $1,997 - $2,047
Rental Market Trends in Burlington, ON
Updated August 2026
The average rent in Burlington, ON is $2,077/month.
$2,077/month
Average Rent
751 Sq Ft
Average Size
+0.3%
Change / Year
391
Available Apartments
Burlington rent varies by unit size and layout:
- Studio apartments in Burlington average $1,662 per month.
- One-bedroom apartments in Burlington average $2,077 per month.
- Two-bedroom apartments in Burlington average $2,427 per month.
- Three-bedroom apartments in Burlington average $2,924 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Burlington, ON?
In the past year, rent has increased by 0.3%, which averages out to $6 more per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Burlington, ON
August 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
1%
$1,001 - $1,500/month
21%
$1,501 - $2,000/month
78%
Above $2,000/month
Rent by Neighbourhood
What are the most affordable neighbourhoods in Burlington?
Based on current rent prices, Aldershot and Burlington Southwest" are the most affordable neighbourhoods in Burlington.
Neighbourhood
Average Rent
Average Sq Ft
What are the most expensive neighbourhoods in Burlington?
Based on current rent prices, Burlington Southwest and Aldershot" are the most expensive neighbourhoods in Burlington.
Neighbourhood
Average Rent
Average Sq Ft
Which Burlington neighbourhoods have the most rentals available?
The neighbourhoods in Burlington with the most apartments available are Burlington Southwest and Aldershot" .
Neighbourhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Burlington, ON?
Because the average rent in Burlington is $2,077, you’ll want to make about $6,923 per month or $83,076 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Burlington, ON compare to other nearby cities and neighbourhoods?
Use the tool below to compare Burlington, ON to other nearby cities and neighbourhoods. The Apartments.com neighbourhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Burlington Area GuideStudio
$1,787/month
$1,669/month
One Bedroom
$2,008/month
$2,073/month
Two Bedroom
$2,682/month
$2,336/month
Three Bedroom
$2,960/month
$2,816/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Waterdown
Avg Rent: $1,576/month
-
Oakville
Avg Rent: $2,184/month
-
York
Avg Rent: $1,421/month
-
Hamilton
Avg Rent: $1,617/month
-
Stoney Creek
Avg Rent: $1,480/month
-
Milton
Avg Rent: $1,846/month
-
Dundas
Avg Rent: $2,057/month
Apartment Communities in Burlington We Think You'll Love
Frequently Asked Questions
What is the average rent in Burlington?
The average rent in Burlington is $2,077 per month, which is 16.6% higher than the national average of $1,781.
What is the average rent for a house in Burlington?
The average rent for a house in Burlington, ON is $3,411 per month.
What is the average rent for a townhome in Burlington?
The average rent for a townhome in Burlington, ON is $3,110 per month.
Are rents going up or down in Burlington?
Rents in Burlington, ON are increasing, with prices up 0.3% year-over-year and $6 more per month.
What rent range is most common in Burlington?
In Burlington, ON, 78% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.