Average Rent in Downtown Hamilton, ON

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Current Versus Historical Downtown Hamilton, ON Rents

Downtown Hamilton rentals average $995 for a studio rental to $2,095 for a 2-bedroom rental. The median price of all currently available listings is $1,595.

For the apartment units and housing in June 2026, median rents have risen over the last year. Studio rentals prices have decreased by $310 (-23.75%) year-over-year from $1,305 to $995. 1-bedroom rentals prices have increased by $90 (5.96%) year-over-year from $1,505 to $1,595. 2-bedroom rentals prices have decreased by $105 (-4.57%) year-over-year from $2,300 to $2,195. 3-bedroom rentals prices have increased by $103 (4.14%) year-over-year from $2,497 to $2,600. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 30.23% this month. 1-bedroom rents have gone up by 5.51% this month. 2-bedroom rents have gone up by 6.86% this month. 3-bedroom rents have gone up by 0.79% this month.

Beds	Price / Sqft	Jun 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	N/A	$995	$1,305 (-23.75%)	$953 (4.39%)
1 BR	N/A	$1,595	$1,505 (5.96%)	$1,266 (26.00%)
2 BR	N/A	$2,195	$2,300 (-4.57%)	$1,445 (51.90%)

Historical Rents in Downtown Hamilton, ON

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Downtown Hamilton

City	Studio	1 Bed	2 Bed	All

Top Neighborhoods Near Downtown Hamilton

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Downtown Hamilton

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Downtown Hamilton

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Downtown Hamilton Average Rents

What is the average rent price in Downtown Hamilton, ON?

The average monthly rental price for Downtown Hamilton, ON apartments for rent is approximately $1,595. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Downtown Hamilton, ON rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Downtown Hamilton, ON.

How much is a studio apartment in Downtown Hamilton, ON?

The average monthly rental price for studio apartments is $995. There are a total of 1 studio apartment listings currently available for rent in Downtown Hamilton.

How much is a one bedroom apartment in Downtown Hamilton, ON?

The average monthly rental price for one bedroom apartments is $1,595. There are a total of 5 one bedroom apartment listings currently available for rent in Downtown Hamilton.

How much is a two bedroom apartment in Downtown Hamilton, ON?

The average monthly rental price for two bedroom apartments is $2,095. There are a total of 2 two bedroom apartment listings currently available for rent in Downtown Hamilton.

How have rent prices in Downtown Hamilton, ON changed this year?

Rent prices for rentals in Downtown Hamilton, ON can fluctuate yearly. Specifically, studio rental prices have changed by -0.24%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by -0.05%, three bedroom rental prices have changed by 0.04% year-over-year.

What is a reasonable rent price in Downtown Hamilton, ON?

A reasonable rent price in Downtown Hamilton, ON is around $1,276/month. You can search for these reasonably priced rental listings on RentHop.