Bedroom count
Property type
Last updated on October 30, 2026
Average rent in
Oakville, ON
Average rent in
Last updated on October 30, 2026
Bedroom count
Property type
Key takeaways for renters
The bottom line
Oakville, ON rent slipped 14.7% year over year, with a current median of $2,325/month. Renters today are paying $400 less per month on average than last year, following a decline from the peak of $2,850/month in December 2024.
Compared to national trends
Oakville runs 22.4% more expensive than the $1,900/month national median, positioning it as a pricier market for renters within the region despite a limited total rental inventory of 52 units.
Rent ranges by bedroom
Studios in Oakville rent for about $1,650/month, 1-bedrooms around $2,184/month, and 2-bedrooms near $2,524/month. The 3-bedroom median is $2,999/month, while 4+ bedroom units are at $1,600/month. These figures reflect the range across bedroom types in the city.
Neighborhood spotlight
Wedgewood Creek rents fell 39.0% year over year to $2,195/month across 20 rentals, marking a sharper decline than the citywide 14.7% drop. Bronte also cooled with a 28.8% decline to $2,474/month, showing localized softness amid the broader market cooldown.
Median rent
Median rent in Oakville
$2,325/mo
15%vs previous year
The average rent in Oakville is $2,325 per month as of October 2026. This is 22% above the national average rent, or $425 more per month.
average price per square foot
Total rentals
Available rentals in Oakville
52
for rent on Zumper.com as of October 2026
Rent price distribution
Share of Oakville rentals at each price point
Rent trends in Oakville, ON
Average rent prices in Oakville have increased by 2% over the last month and have decreased by 15% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Oakville, ON
Rent prices in Oakville vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Oakville is $2,295, whereas a house costs $2,900. 1-bedroom apartments in Oakville run $2,184 on average, while 2-bedroom apartments are $2,495.
Listings | ||||
|---|---|---|---|---|
Studio | $1,650 | 10% | No Change | |
1 bedroom | $2,184 |  4% | 3% | |
2 bedroom | $2,524 | 6% | 19% | |
3 bedroom | $2,999 | 2% | 12% | |
4 bedroom | $1,600 | 2% | 60% |
Listings | ||
|---|---|---|
Bronte | $2,474 | |
Central Oakville | $2,050 | |
College Park | $2,295 | |
Falgarwood | $2,184 | |
Glen Abbey | $2,295 | |
Glenorchy | $2,495 | |
Old Oakville | $2,295 | |
Queen Elizabeth Commercial Zone | $2,300 | |
Southwest Oakville | $2,250 | |
Westmount | $2,448 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,295 | No Change | 17% | |
Condos | $2,325 | No Change | 3% | |
Houses | $2,900 | No Change | 19% | |
Rooms | $1,030 | 12% | - |
Studio
Average rent
$1,650
Last 30 days
10%
1 bedroom
Average rent
$2,184
Last 30 days
4%
Last year
3%
2 bedroom
Average rent
$2,524
Last 30 days
6%
Last year
19%
3 bedroom
Average rent
$2,999
Last 30 days
2%
Last year
12%
4 bedroom
Average rent
$1,600
Last 30 days
2%
Last year
60%
Central Oakville
Average rent
$2,050
College Park
Average rent
$2,295
Bronte
Average rent
$2,474
Glenorchy
Average rent
$2,495
Falgarwood
Average rent
$2,184
Old Oakville
Average rent
$2,295
Glen Abbey
Average rent
$2,295
Queen Elizabeth Commercial Zone
Average rent
$2,300
Westmount
Average rent
$2,448
Southwest Oakville
Average rent
$2,250
Apartments
Average rent
$2,295
Last 30 days
No Change
Last year
17%
Condos
Average rent
$2,325
Last year
3%
Houses
Average rent
$2,900
Last year
19%
Rooms
Average rent
$1,030
Last 30 days
12%
The table above reflects average rent prices in Oakville, ON, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in Oakville, ON compare to other cities?
Compare median rent prices in Oakville and Brampton by all bedroom counts and property types.
Oakville
22%higher than the national median
18%higher than the national median
Takeaway
The median rent for all rentals in Oakville, ON is 4% higher than the median rent in Brampton, ON.
Average rent in nearby cities
Explore rent trends in neighboring markets
$2,245
2%$2,295
1%$2,049
5%$1,749
3%$1,839
3%$2,200
3%$2,250
5%$1,899
4%$1,700
5%$2,385
1%$2,200
4%$1,995
Discover rentals in Oakville, ON
1d ago
17 Stewart St, Oakville, ON L6K 1X4
Studio–1 bed
1 bath
$792–$1,699
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
2d ago
1130 Queens Ave, Oakville, ON L6H 2B6
1–2 beds
1 bath
$1,685–$2,150
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Jul 1
1h ago
1260 Marlborough Crt, Oakville, ON L6H 3H5
Studio–2 beds
1 bath
$1,750–$2,295
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
1d ago
297 Queens Ave, Oakville, ON L6H 2B4
1–3 beds
1 bath
$1,899–$2,849
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
Central Oakville house for rent in Oakville
2 beds
2 baths
$5,400
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
Available Oct 12
1d ago
133 Bronte Rd, Oakville, ON L6L 0H2
1–2 beds
1–2 baths
$2,900–$4,995
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
5d+ ago
Central Oakville apartment for rent in Oakville
1 bed
1 bath
$3,500
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Nov 5
5d+ ago
Townhouse for rent in Oakville
2 beds
2.5 baths
$3,400
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
Available Nov 1
3d ago
Verified
75 Stewart St, Oakville, ON L6K 1X7
1–2 beds
1 bath
$2,263–$2,549
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
2d ago
444 Kerr St, Oakville, ON L6K 3C4
1 bed
1 bath
$2,084
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
1h ago
1260 Marlborough Crt, Oakville, ON L6H 3H5
Studio–2 beds
1 bath
$1,750–$2,295
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
4h ago
50 Speers Rd, Oakville, ON L6K 2E5
Studio–2 beds
1 bath
$1,500–$2,300
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
3d ago
Verified
75 Stewart St, Oakville, ON L6K 1X7
1–2 beds
1 bath
$2,263–$2,549
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
17h ago
1229 Marlborough Crt, Oakville, ON L6H 3B6
1–2 beds
1 bath
$2,174–$2,381
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
Verified
3 beds
1.5 baths
$3,300
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
Available Oct 15
22h ago
2300 Marine Dr, Oakville, ON L6L 1C3
1–2 beds
1 bath
$2,400–$2,750
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
4h ago
265 Reynolds St, Oakville, ON L6J 3L5
1 bed
1 bath
$2,275–$2,525
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
17h ago
1229 Marlborough Crt, Oakville, ON L6H 3B6
1–2 beds
1 bath
$2,174–$2,381
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
22h ago
2300 Marine Dr, Oakville, ON L6L 1C3
1–2 beds
1 bath
$2,400–$2,750
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
1d ago
1399 Marlborough Crt && 1350 White Oaks Blvd, Oakville, ON L6H
1–2 beds
1 bath
$2,295–$2,495
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Apr 1
Stay up to date with rental market insights
Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.
Frequently asked questions for Oakville, ON
Quick answers to common questions about the Oakville rental market.
How much is rent in Oakville?
The average rent in Oakville is $2,325 per month as of October 24, 2026.
Is rent up or down in Oakville?
Average rent prices in Oakville have increased by 2% over the last month and have decreased by 15% since last year.
How does Oakville rent compare to the national average?
Rent in Oakville is 22% above the national average, which means renters are paying approximately $425 more per month.
Which neighborhoods are most affordable in Oakville?
The most affordable neighborhoods in Oakville are Central Oakville ($2,050/mo), Falgarwood ($2,184/mo), and Southwest Oakville ($2,250/mo).
What salary do I need to afford rent in Oakville?
To comfortably afford rent in Oakville, you'd need to earn approximately $93,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Oakville?
February offers the best rental deals in Oakville with the lowest rents of the year, running about 11% below May's peak prices. December is also favorable with the least competition from other renters.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).