Last updated on June 16, 2026

Average rent in
Oakville, ON

Key takeaways for renters

  • The bottom line

    Oakville, ON rent slipped 6.9% year over year, with a current median of $2,375/month. Renters today are paying $272 less per month on average than last year, while month-to-month rent is essentially unchanged.

  • Oakville runs 21.8% more expensive than the $1,950/month national median, placing it in the higher price tier among Canadian metros despite a limited total rental inventory of 53 units.

  • Rent ranges by bedroom

    Studios in Oakville rent for $1,750/month, 1-bedrooms for $2,109/month, 2-bedrooms for $2,450/month, 3-bedrooms for $3,009/month, and 4+ bedrooms reach $7,050/month. This range reflects the diversity of unit sizes available to renters.

  • Neighborhood spotlight

    Bronte rents fell 35.4% year over year to $2,463/month across 13 rentals, contrasting with the citywide decline of 6.9%. Falgarwood also saw a decline of 24.0%, while College Park rents rose 11.2%, showing varied neighborhood trends within Oakville.

Median rent

Median rent in Oakville

$2,375/mo

decreased by7%

vs previous year

The average rent in Oakville is $2,375 per month as of June 2026. This is 22% above the national average rent, or $425 more per month.

$4.29

average price per square foot

Total rentals

Available rentals in Oakville

53

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Oakville rentals at each price point

80%60%40%20%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Oakville, ON

Average rent prices in Oakville have remained the same over the last month and have decreased by 7% 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 $2,355, whereas a house costs $3,000. 1-bedroom apartments in Oakville run $2,100 on average, while 2-bedroom apartments are $2,450.

Listings

Studio

$1,750

1%

12%

1 bedroom

$2,109

3%

9%

2 bedroom

$2,450

1%

17%

3 bedroom

$3,009

8%

9%

4 bedroom

$7,050

3%

41%

Studio

Average rent

$1,750

Last 30 days

1%

Last year

12%

1 bedroom

Average rent

$2,109

Last 30 days

3%

Last year

9%

2 bedroom

Average rent

$2,450

Last 30 days

1%

Last year

17%

3 bedroom

Average rent

$3,009

Last 30 days

8%

Last year

9%

4 bedroom

Average rent

$7,050

Last 30 days

3%

Last year

41%

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

Median rent price$2,375
increased by22%

higher than the national median

Median rent price$2,200
increased by13%

higher than the national median

Takeaway

The median rent for all rentals in Oakville, ON is 8% higher than the median rent in Brampton, ON.

Discover rentals in Oakville, ON

Wallace Pines - Photo 1 of 1

5h ago

8.8

Very good

Wallace Pines

1260 Marlborough Crt, Oakville, ON L6H 3H5

Studio–2 beds

1–2 baths

$1,695–$2,355

Apartment for rent

297 Queens Ave - Photo 1 of 1
Rent special

8h ago

8.4

Very good

297 Queens Ave

297 Queens Ave, Oakville, ON L6H 2B4

1–3 beds

1 bath

$1,799–$3,031

Apartment for rent

1030 Pearson Drive - Photo 1 of 1

8h ago

9.3

Excellent

1030 Pearson Drive

1030 Pearson Dr, Oakville, ON L6H 2A8

2 beds

1 bath

$2,099

Price drop

Apartment for rent

Park Terrace I - Photo 1 of 1

11h ago

9.4

Excellent

Park Terrace I

199 Queen Mary Dr, Oakville, ON L6K 3K7

1–3 beds

1–2 baths

$2,100–$2,600

Apartment for rent

Available Aug 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 $2,375 per month as of June 13, 2026.

Is rent up or down in Oakville?

Average rent prices in Oakville have remained the same over the last month and have decreased by 7% 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 ($2,089/mo), Falgarwood ($2,125/mo), and Westmount ($2,184/mo).

What salary do I need to afford rent in Oakville?

To comfortably afford rent in Oakville, you'd need to earn approximately $95,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Oakville?

Oakville's 2025 rental market shows one-bedroom apartments averaging around $2,200 per month, while two-bedroom units rent for around $2,800 monthly. Two-bedroom apartments make up the largest share of available rentals at 51% of the market, followed by one-bedroom units at 36%.

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).

Apartments for rent in Brampton