Average Rent in Hamilton in Today’s Market
The average rent in Hamilton has reached $1,899, which is 5% lower than the national average.
As Canada’s most prominent corporate housing provider, we are offering luxury rental experiences, especially in Hamilton.
Average Rent Prices for Furnished Corporate Rentals in Hamilton
On average, a 1-bedroom apartment in Hamilton, ON, costs about $1,715, while a 2-bedroom apartment costs $2,126. Houses for rent in Hamilton, ON, are more expensive, with an average monthly cost of $2,449. The average rent in Hamilton corporate rentals is $1,900.
| Apartment Type | Short-Term Rent | Long-Term Rent |
|---|---|---|
| Studio | $1,416 | $1,335 |
| 1-bedroom | $1,715 | $1,687 |
| 2-bedroom | $2,126 | $2,130 |
| 3-bedroom | $2,449 | $2,565 |
| 4-bedroom | $2,945 | $2,815 |
Corporate Stays offers premier furnished apartments in Hamilton that come fully equipped with all essentials.
Explore the latest listings on CorporateStays.com to find your ideal accommodation and ensure a memorable stay.
Average Rent by Neighborhood in Hamilton
| Neighborhood | Average Rent (CAD) |
|---|---|
| Beasley | $1,950 |
| Central Hamilton | $2,258 |
| Corktown | $2,045 |
| Durand | $1,838 |
| Gibson | $1,838 |
| Landsdale | $1,663 |
| Raleigh | $1,801 |
| Riverdale West | $2,110 |
| Stipley | $1,664 |
| Westdale South | $1,633 |
We offer both short-term and long-term furnished rentals in Hamilton. These accommodations, including Hamilton short-term corporate housing, come fully equipped with all the essential amenities needed for a comfortable and memorable stay.
Comparison of Corporate Stays vs. Typical Residential Rents in Hamilton
Choosing a corporate furnished rental provides convenience, luxury, and ease that typical residential rentals might not offer. The additional value includes fully equipped homes, professional management, and a range of services aimed at ensuring a seamless and enjoyable living experience.
Here’s a look at how rent prices stack up between corporate furnished rentals and regular residential rents in Hamilton, highlighting the extra perks you get with furnished and managed properties.
| Apartment Type | Corporate Furnished Rent | Typical Residential Rent |
|---|---|---|
| Studio | $1,485 | $1,200 |
| 1-bedroom | $1,765 | $1,500 |
| 2-bedroom | $2,199 | $1,800 |
| 3-bedroom | $2,499 | $2,100 |
| 4-bedroom | $2,999 | $2,500 |
Our team is here to help you find the perfect home. If you need any help or assistance, don’t hesitate to contact a Corporate Stays representative.
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Key Factors Influencing Rent Prices in the Corporate Rental Market Hamilton
| Factor | Description |
|---|---|
| Economic Growth | The health of the economy can raise or lower rent prices. |
| Industry Developments | New businesses can lead to more demand for rentals. |
| Demographic Shifts | Changes in population size and needs impact rental prices. |
| Location | Prime spots usually have higher rents. |
| Property Size and Amenities | Bigger and better-equipped properties cost more. |
| Property Condition | Well-maintained units are priced higher. |
| Market Demand and Supply | The balance of available units vs. renters affects pricing. |
Historical Rent Trends in Hamilton Corporate Housing (2014–2024)
This data reflects the fluctuations in rent prices over the years, offering insights into market dynamics and economic influences on the cost of housing in Hamilton.
| Year | Average Rent (CAD) |
|---|---|
| 2015 | $1,232 |
| 2016 | $1,288 |
| 2017 | $1,348 |
| 2018 | $1,396 |
| 2019 | $1,447 |
| 2020 | $1,505 |
| 2021 | $1,614 |
| 2022 | $1,705 |
| 2023 | $1,795 |
| 2024 | $1,899 |
The expected rent for 2024 reaches $1,899, highlighting a significant rise from previous years. Prospective tenants and property investors should closely observe these trends to make informed decisions in the Hamilton corporate housing market.
Average Rent in Nearby Cities for Furnished Apartments
Consider looking at nearby cities where furnished apartments might cost less as an alternative to Laval’s corporate rental market.
| Montreal | Vancouver | Toronto | Halifax | Quebec City | Edmonton | Calgary | Winnipeg |
|---|---|---|---|---|---|---|---|
| $1,850 | $2,995 | $2,700 | $1,600 | $1,500 | $1,550 | $2,045 | $1,300 |