Bedroom count
Property type
Last updated on August 1, 2026
Last updated on August 1, 2026
Bedroom count
Property type
Oakville, ON rent fell 11.7% year over year, with a current median of $2,320/month. Renters today are paying $427 less per month on average than last year, while month-to-month rent is essentially unchanged.
Oakville runs 20.2% more expensive than the $1,930/month national median, placing it in the higher price tier among Canadian metros despite a limited total rental inventory of 51 units.
Studios in Oakville rent for about $1,645/month, 1-bedrooms around $2,187/month, and 2-bedrooms near $2,550/month, with 4+ bedroom units reaching $3,390/month. Apartments make up 78.9% of rentals and rent around $2,315/month, while houses are higher at $2,850/month.
Bronte rents dropped 36.8% year over year to $2,399/month across 17 rentals, a sharper decline than the citywide 11.7% fall. Meanwhile, Queen Elizabeth Commercial Zone saw rents rise 23.3% year over year to $2,213/month.
Median rent in Oakville
$2,320/mo
vs previous year
The average rent in Oakville is $2,320 per month as of July 2026. This is 20% above the national average rent, or $390 more per month.
average price per square foot
Available rentals in Oakville
51
for rent on Zumper.com as of July 2026
Share of Oakville rentals at each price point
Average rent prices in Oakville have remained the same over the last month and have decreased by 12% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Oakville vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Oakville is $2,315, whereas a house costs $2,850. 1-bedroom apartments in Oakville run $2,187 on average, while 2-bedroom apartments are $2,607.
Listings | ||||
|---|---|---|---|---|
Studio | $1,645 | No Change | 7% | |
1 bedroom | $2,187 | No Change | 5% | |
2 bedroom | $2,550 | 2% | 18% | |
3 bedroom | $2,980 | 4% | 9% | |
4 bedroom | $3,390 | 8% | 29% |
Listings | ||
|---|---|---|
Bronte | $2,399 | |
Central Oakville | $2,089 | |
College Park | $2,400 | |
Falgarwood | $2,350 | |
Glen Abbey | $2,350 | |
Glenorchy | $2,400 | |
Old Oakville | $2,325 | |
River Oaks | $2,250 | |
Southwest Oakville | $2,375 | |
Westmount | $2,295 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,315 | 3% | No Change | |
Condos | $2,250 | 2% | No Change | |
Houses | $2,850 | 6% | No Change | |
Rooms | $1,140 | 12% | - |
Studio
Average rent
$1,645
Last 30 days
No Change
Last year
7%
1 bedroom
Average rent
$2,187
Last 30 days
No Change
Last year
5%
2 bedroom
Average rent
$2,550
Last 30 days
2%
Last year
18%
3 bedroom
Average rent
$2,980
Last 30 days
4%
Last year
9%
4 bedroom
Average rent
$3,390
Last 30 days
8%
Last year
29%
Central Oakville
Average rent
$2,089
College Park
Average rent
$2,400
Bronte
Average rent
$2,399
Old Oakville
Average rent
$2,325
Glenorchy
Average rent
$2,400
Falgarwood
Average rent
$2,350
Glen Abbey
Average rent
$2,350
Westmount
Average rent
$2,295
River Oaks
Average rent
$2,250
Southwest Oakville
Average rent
$2,375
Apartments
Average rent
$2,315
Last 30 days
3%
Condos
Average rent
$2,250
Last 30 days
2%
Houses
Average rent
$2,850
Last 30 days
6%
Rooms
Average rent
$1,140
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.
Compare median rent prices in Oakville and Brampton by all bedroom counts and property types.
Oakville
higher than the national median
higher than the national median
Takeaway
The median rent for all rentals in Oakville, ON is 5% higher than the median rent in Brampton, ON.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Oakville rental market.
The average rent in Oakville is $2,320 per month as of July 25, 2026.
Average rent prices in Oakville have remained the same over the last month and have decreased by 12% since last year.
Rent in Oakville is 20% above the national average, which means renters are paying approximately $390 more per month.
The most affordable neighborhoods in Oakville are Central Oakville ($2,089/mo), River Oaks ($2,250/mo), and Westmount ($2,295/mo).
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.
Based on Zumper's July 2026 data, one-bedroom apartments in Oakville average around $2,200/month and two-bedrooms approximately $2,560/month.
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).