Average rents in Hamilton hold steady as national market slows

Average rents in Hamilton remained mostly steady in March, with one-bedroom units averaging $1,720, down $137 from March 2024. Two-bedroom units averaged $2,097, $101 less than last year. Hamilton ranks 39th among 60 Canadian cities, with rents below national and provincial averages. Rental growth has slowed, influenced by increased supply and seasonal demand. Nearby cities like Burlington and Guelph have higher average rents.

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