43 Forest Ave
43 Forest Ave,
Hamilton, ON L8N 1X2
1-3 Beds | $1,659 - $2,820
Rental Market Trends in Hamilton, ON
Updated July 2026
What is the average rent in Hamilton, ON?
$1,601/month
Average Rent
607 Sq Ft
Average Size
-1.7%
Change / Year
2,473
Available Apartments
As of July 2026, the average rent in Hamilton, ON was $1,601/month. When you rent an apartment in Hamilton, you can expect to pay as little as $1,328 to as much as $2,209, depending on the location and size of the apartment.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
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 Hamilton, ON?
In the past year, rent has decreased by 1.7%, which averages out to $26 less per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Hamilton, ON
July 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
2%
$700 - $1,000/month
21%
$1,001 - $1,500/month
64%
$1,501 - $2,000/month
13%
Above $2,000/month
Rent by Neighbourhood
What are the most affordable neighbourhoods in Hamilton?
Based on current rent prices, Hamilton Central East B, Hamilton Central C and Hamilton Central A are the most affordable neighbourhoods in Hamilton.
Neighbourhood
Average Rent
Average Sq Ft
What are the most expensive neighbourhoods in Hamilton?
Based on current rent prices, Stoney Creek, Hamilton Downtown C and Mountain D are the most expensive neighbourhoods in Hamilton.
Neighbourhood
Average Rent
Average Sq Ft
Which Hamilton neighbourhoods have the most rentals available?
The neighbourhoods in Hamilton with the most apartments available are Hamilton Downtown B, Hamilton Downtown A and Mountain D .
Neighbourhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Hamilton, ON?
Because the average rent in Hamilton is $1,601, you’ll want to make about $5,336 per month or $64,032 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 Hamilton, ON compare to other nearby cities and neighbourhoods?
Use the tool below to compare Hamilton, 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 Hamilton Area GuideStudio
$1,307/month
$1,208/month
One Bedroom
$1,501/month
$1,668/month
Two Bedroom
$1,711/month
$1,779/month
Three Bedroom
$2,665/month
$2,072/month
Apartment Communities in Hamilton We Think You'll Love
Frequently Asked Questions
What is the average rent in Hamilton?
The average rent in Hamilton is $1,601 per month, which is 9.1% lower than the national average of $1,762.
What is the average rent for a house in Hamilton?
The average rent for a house in Hamilton, ON is $2,587 per month.
What is the average rent for a townhome in Hamilton?
The average rent for a townhome in Hamilton, ON is $2,335 per month.
What is the average rent for a condo in Hamilton?
The average rent for a condo in Hamilton, ON is $1,404 per month.
Are rents going up or down in Hamilton?
Rents in Hamilton, ON are decreasing, with prices down 1.7% year-over-year and $26 less per month.
What rent range is most common in Hamilton?
In Hamilton, ON, 64% of apartments fall between $1,501 - $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.