Houses and Apartments for Rent in Milton

Listings last updated 12/18/2018

Milton Houses and Apartments for Rent

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Overview of Milton, ON rentals

Houses for rent in Milton, ON are easy to filter and browse through on Point2 Homes. Whether you’re looking for apartments for rent, furnished apartments, condos, single family homes, studio apartments, townhouses or any other rentals, you can get a list of properties based on your needs with just a few clicks.

There are 127 houses and apartments for rent in Milton, ON

Rental homes in Milton, ON on Point2 Homes are displayed with important additional information, such as property type, square footage and amenities, and the name and contact information of the real estate agent handling the property. You can also learn whether there have been significant price drops in the rent during the last 6 months. Whether you’re looking for rental apartments or generally homes for rent in Milton, ON, on Point2 Homes you can tell whether you’re close to the amenities you need at a glance, by using the map view. And if you know exactly where you want your apartment to be in Milton, ON, you can simply use the polygon or radius tools to draw around the area you’re interested in, and Point2 Homes will instantly show you all the rental homes there.

How much is rent in Milton, ON?

There are two ways in which you can find apartments for rent based on price on Point2 Homes: you can either set the minimum and maximum price range yourself, or you can simply sort all the available houses for rent based on price, if you want to browse a wider range of rental homes. Once you’ve found a rental you’re interested in, all you have to do to get in touch with the listing agent is check the listing detail page – all the contact information you need will be there. If you’d rather start with expert advice, getting in touch with professional agents in Milton, ON is very simple on Point2 Homes. Simply go to Tools in the menu and find an agent. You get a list of featured agents in Milton, ON, all knowledgeable and eager to help.

CITY GUIDE
MILTON, ONTARIO

Over 110,000 people call the city of Milton home and live within its more than 363 square kilometre area. Located in the southeastern portion of the province, Milton is bordered by the communities of Mississauga, Oakville, Guelph, and Burlington. There are a number of conservation areas and greenspaces in the city, allowing residents to escape city life and enjoy the great outdoors through hiking, camping, and other activities. Public transportation in and outside of the city, as well as a major highway running through the city, makes it easy for residents to travel to neighbouring communities.

Milton, ON

Milton, ON
real estate market

Real Estate Market Overview

House prices in Milton are above mid-range, with averages around $500,000 to $800,000. Milton’s northern section is predominantly large, higher priced single-family homes (detached and semi-detached).The central section of the city offers a mix of newer and older single-family homes, as well as newer condo options. Various examples of commercial space and high-priced vacant land can also be found in this section. In the southern section of the city, newer built single-family homes are most common, along with newer built condo buildings.


Rental Market

Milton’s vacancy rate has decreased over the past few years, ranging from around 1% to 2%. The rental market in the city is high demand, with the number of new units being built not enough to keep up. Vacancy rates are lowest for bachelor and two-bedroom units, with three-bedroom units showing a much higher rate. Older buildings (those built before 1990) normally have higher vacancy rates than newer buildings, with lower rent costs to match the level of demand. Average rents in the city are $730 for bachelor apartments, $1,000 for one-bedroom apartments, $1,200 for two-bedroom apartments, and $1,500 for three-bedroom (or more) apartments.

real estate market

Employment

Advanced manufacturing; food, beverage, and agriculture production and distribution; and logistics and distribution are all major industries in the city. Manufacturing and agriculture have been important to Milton’s economy since the city’s early years. A number of industrial and retail commercial spaces are being developed in the area, making it an attractive market for new businesses or business expansions. Businesses with head offices or other operations in Milton include Mattamy Homes, 3M Canada, Lowe’s, Whirlpool Canada, Dare Foods, Northstar Aerospace, and Gordon Food Service. The city’s unemployment rate is lower than the national rate, sitting around 3% to 4%.


Transportation

Milton Transit provides public transportation in the city, with a fleet of close to 20 buses servicing around 15 routes. Community buses are a popular choice for seniors or those with mobility issues, and these vehicles service major routes to malls, seniors’ centres, libraries, and leisure centres. The Milton GO Station is the main transit hub and provides access to not only Milton Transit buses, but also four GO Transit routes that link the city to Oakville, Toronto, Cambridge, and North York. GO Train service is also available. Accessible transportation is offered by First Canada and A1 Taxi.

Employment
Schools

Schools

Milton Transit provides public transportation in the city, with a fleet of close to 20 buses servicing around 15 routes. Community buses are a popular choice for seniors or those with mobility issues, and these vehicles service major routes to malls, seniors’ centres, libraries, and leisure centres. The Milton GO Station is the main transit hub and provides access to not only Milton Transit buses, but also four GO Transit routes that link the city to Oakville, Toronto, Cambridge, and North York. GO Train service is also available. Accessible transportation is offered by First Canada and A1 Taxi.


Family Life

Rattlesnake Point is a large park where visitors can camp, hike, birdwatch, rock climb, cross-country ski, go geocaching, and participate in events such as yoga in the park.The park is used year-round and includes beautiful trails, stunning lookout points, fascinating plant and animal species, and a variety of recreational opportunities. The Milton Sports Centre has a fitness studio, two pools, a gymnasium, an indoor walking/jogging track, four ice rinks, meeting rooms, a banquet room, and a children’s activity room. Programs offered at the centre include skating, swimming, fitness, soccer, cycling, arts, and kids’ summer camps. Residents can choose from drop-in activities or registered programs.

Neighbourhoods

Read more about living in Milton, ON.