5 Bedroom Homes for Rent in Milton
Browse 0 5 bedroom homes for rent across Milton, Ontario, with recent lease prices by bedroom.
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Milton at a glance
MLS® data
- Homes for rent
- 0
- For sale
- 24
- Leased · 90 days
- 386
- Median rent · 90 days
- $3,150/mo
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Milton has 0 5 bedroom homes listed for rent and a median lease of $3,150/month over the last 90 days, from the MLS®.
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Average and median rent by bedroom in Milton
Closed MLS® leases in Milton over the last 90 days — the monthly rent tenants actually agreed to, not asking rents. Figures from fewer than 5 leases are withheld.
| Bedrooms | Median rent | Average rent | Leases |
|---|---|---|---|
| 1 bedroom | $1,550/mo | $1,520/mo | 25 |
| 2 bedrooms | $2,000/mo | $2,239/mo | 72 |
| 3 bedrooms | $3,113/mo | $3,138/mo | 172 |
| 4+ bedrooms | $3,550/mo | $3,609/mo | 117 |
| All bedrooms | $3,150/mo | $3,009/mo | 386 |
5 bedroom homes for rent in Milton by monthly rent
Active MLS® rental listings per monthly-rent band.
- Under $1,500/mo0
- $1,500 – $2,000/mo0
- $2,000 – $2,500/mo0
- $2,500 – $3,000/mo0
- $3,000 – $4,000/mo0
- $4,000+/mo0
Milton rentals by property type
Active rental listings by property type.
- DetachedStandalone homes on their own lot.81 for rent
- Semi-DetachedSide-by-side homes sharing a wall.14 for rent
- TownhousesMulti-storey row homes.54 for rent
- CondosApartments and condo suites.75 for rent
- Multi-FamilyDuplexes, triplexes, fourplexes.3 for rent
Milton rentals by bedroom count
- 1+ Bedroom247
- 2+ Bedrooms178
- 3+ Bedrooms79
- 4+ Bedrooms36
- 5+ Bedrooms2
Explore Milton rentals
Jump straight to the searches buyers and renters use most — each one updated daily from MLS® data.
Popular Milton rental searches
The way renters really search — new this week, under $2,000, pet-friendly, furnished, with parking. One tap drops you on the map with that filter applied.
Most-searched neighbourhoods in Milton
Most-active postal codes in Milton
Forward Sortation Areas (the first 3 characters of a Canadian postal code) ranked by current MLS® inventory.
Cities near Milton
Same-province markets within driving distance — useful when you're flexible on commute.
Living in Milton, Ontario
Milton has 563 homes listed for sale on the MLS® right now. The largest groups are detached houses (264), townhouses (88), condos (83) and semi-detached houses (33). Another 322 homes are listed for rent.
Over the last 90 days, 572 homes sold in Milton at a median price of $917,750, after an average of 32 days on the market. Over the last six months, average sold prices were: detached houses $1,230,092, semi-detached houses $908,722, townhouses $780,324 and condos $534,975.
At the current pace of sales, Milton's active listings would take about 3.0 months to sell — a tight supply that usually favours sellers. Summitly's market gauge reads: Milton is leaning toward a seller's market.
Milton is served by GO Transit rail. The nearest markets Summitly covers are Oakville (16 km), Mississauga (20 km) and Burlington (22 km).
Looking for a licensed agent? Compare Milton real estate agents — free to use. How your agent is paid is set out in your buyer representation agreement.
How to rent in Milton
The rules that apply to most residential tenancies in Ontario, from the province and the Landlord and Tenant Board.
- 1
Set a monthly budget
Leases in Milton closed at a median of $3,150/month over the last 90 days — the table above breaks that down by bedroom count.
- 2
View the unit and apply
Landlords in Ontario may ask for rental history, credit references, a credit check and income information when you apply.
- 3
Sign the Ontario Standard Lease
Most private residential landlords must use the province's standard lease. If you ask for it in writing and don't get it within 21 days, you can withhold one month's rent.
- 4
Pay only the deposits the law allows
A rent deposit can be no more than one month's rent and can only be used for your last month. A refundable key deposit is allowed; damage and pet deposits are not.
- 5
Know your notice rules
Rent can go up once every 12 months with 90 days' written notice. To move out of a monthly tenancy you give at least 60 days' notice (Form N9) ending on the last day of a rental period.
Renting in Milton: your questions, answered
Answered with this page's lease data and Ontario's tenancy rules.
How many 5 bedroom homes are for rent in Milton right now?
0 5 bedroom homes are listed for rent on the MLS® in Milton.
What is the rent for a 5-bedroom in Milton?
Over the last 90 days in Milton, 5-bedroom rentals leased at a median of $3,550/month across 117 leases. Median rent by bedroom count: 1 bedroom $1,550/month, 2 bedrooms $2,000/month, 3 bedrooms $3,113/month and 4+ bedrooms $3,550/month.
How much can a landlord charge as a deposit in Ontario?
A rent deposit can be no more than one month's rent (one week's if you pay weekly) and can only be used as rent for your last month. The landlord must pay you interest on it every year at the rent-increase guideline rate. A refundable key deposit is allowed; damage and pet deposits are not.
Does my landlord have to use the Ontario Standard Lease?
Landlords of most private residential rental units must use the standard lease for new tenancies. If you ask for it in writing and don't receive it within 21 days, you can withhold one month's rent.
How much can rent go up in Milton?
The 2026 rent-increase guideline in Ontario is 2.1%. Rent can rise once every 12 months, with at least 90 days' written notice. Units first occupied for residential use after November 15, 2018 are exempt from the guideline, but the 12-month and 90-day rules still apply.
What are the N-forms a landlord can give?
N-forms are Landlord and Tenant Board notices: N4 for unpaid rent, N12 when the landlord or a purchaser needs the unit, N13 for demolition, conversion or major repairs, and N5 for damage or interference. A notice does not end the tenancy by itself — only the Board can order an eviction, and only the Sheriff can enforce it.
When can my landlord enter my unit?
With at least 24 hours' written notice, between 8 a.m. and 8 p.m., for reasons such as repairs, inspections or showing the unit to a buyer. Emergencies are the exception.
How do I end my lease in Ontario?
Give your landlord at least 60 days' written notice using Form N9. The move-out date must be the last day of a rental period, or the end of your lease term if you have a fixed-term lease.
Coldwell Banker Summit Realty, Brokerage
Coldwell Banker Summit Realty, Brokerage is registered with the Real Estate Council of Ontario (RECO). Its licensed agents can help you buy, sell or lease in Milton, from showings and offers to closing. When you are ready to finance, you can compare mortgage options with our partner, Mortgage Squad Advisors.
- RECO-registered brokerage
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Coldwell Banker Summit Realty, Brokerage. Waqar Afzal, Broker of Record. Each office is independently owned and operated.
Ready to make a move in Milton?
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