Bedroom count
Property type
Last updated on September 15, 2026
Average rent in
Oakville, ON
Average rent in
Last updated on September 15, 2026
Bedroom count
Property type
Key takeaways for renters
The bottom line
Oakville, ON rent slipped 5.5% year over year, with a current median of $2,537/month. Renters today are paying $163 less per month on average than last year, with month-to-month rent essentially flat as the market cools from its 2024 peak.
Compared to national trends
Oakville runs roughly 1.3× the $1,900/month national median, placing it among pricier Canadian metros with a limited total rental inventory of 55 units.
Price ranges
Studios in Oakville rent for about $1,600/month, 1-bedrooms around $2,116/month, and 2-bedrooms near $2,645/month, with 3-bedrooms at $2,999/month and 4+ bedrooms at $3,390/month. Apartments make up 74.5% of rentals, with houses at a median of $2,900/month, giving renters distinct options by property type.
Neighborhood spotlight
Wedgewood Creek rents fell 39.4% year over year to $2,180/month across 24 rentals, a sharper decline than the citywide 5.5% drop. Glen Abbey and Southwest Oakville also cooled, with rents down 28.6% and 19.0% respectively, showing localized softness in Oakville's market.
Median rent
Median rent in Oakville
$2,537/mo
5%vs previous year
The average rent in Oakville is $2,537 per month as of September 2026. This is 34% above the national average rent, or $637 more per month.
average price per square foot
Total rentals
Available rentals in Oakville
55
for rent on Zumper.com as of September 2026
Rent price distribution
Share of Oakville rentals at each price point
Rent trends in Oakville, ON
Average rent prices in Oakville have remained the same over the last month and have decreased by 5% 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 $2,576, whereas a house costs $2,900. 1-bedroom apartments in Oakville run $2,105 on average, while 2-bedroom apartments are $2,645.
Listings | ||||
|---|---|---|---|---|
Studio | $1,600 | 5% |  6% | |
1 bedroom | $2,116 | 2% | 5% | |
2 bedroom | $2,645 | 4% | 6% | |
3 bedroom | $2,999 | 5% | 8% | |
4 bedroom | $3,390 | 53% | 9% |
Listings | ||
|---|---|---|
Bronte | $3,253 | |
Central Oakville | $2,150 | |
College Park | $2,361 | |
Falgarwood | $2,472 | |
Glen Abbey | $2,250 | |
Glenorchy | $2,295 | |
Old Oakville | $2,295 | |
River Oaks | $2,200 | |
Southwest Oakville | $2,350 | |
Westmount | $2,300 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,576 | 3% | No Change | |
Condos | $2,250 | 2% | No Change | |
Houses | $2,900 | 1% | No Change | |
Rooms | $1,200 | 3% | - |
Studio
Average rent
$1,600
Last 30 days
5%
Last year
6%
1 bedroom
Average rent
$2,116
Last 30 days
2%
Last year
5%
2 bedroom
Average rent
$2,645
Last 30 days
4%
Last year
6%
3 bedroom
Average rent
$2,999
Last 30 days
5%
Last year
8%
4 bedroom
Average rent
$3,390
Last 30 days
53%
Last year
9%
College Park
Average rent
$2,361
Central Oakville
Average rent
$2,150
Bronte
Average rent
$3,253
Glenorchy
Average rent
$2,295
Old Oakville
Average rent
$2,295
Falgarwood
Average rent
$2,472
River Oaks
Average rent
$2,200
Glen Abbey
Average rent
$2,250
Westmount
Average rent
$2,300
Southwest Oakville
Average rent
$2,350
Apartments
Average rent
$2,576
Last 30 days
3%
Condos
Average rent
$2,250
Last 30 days
2%
Houses
Average rent
$2,900
Last 30 days
1%
Rooms
Average rent
$1,200
Last 30 days
3%
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
34%higher than the national median
16%higher than the national median
Takeaway
The median rent for all rentals in Oakville, ON is 15% higher than the median rent in Brampton, ON.
Average rent in nearby cities
Explore rent trends in neighboring markets
$2,200
1%$2,334
2%$2,120
2%$1,769
4%$1,799
6%$2,175
8%$2,300
4%$1,899
6%$1,719
2%$2,399
2%$2,300
2%$1,987
4%Discover rentals in Oakville, ON
6h ago
1260 Marlborough Crt, Oakville, ON L6H 3H5
Studio–2 beds
1 bath
$1,750–$2,295
Apartment for rent
2d ago
297 Queens Ave, Oakville, ON L6H 2B4
1–3 beds
1 bath
$1,849–$2,899
Apartment for rent
4d ago
50 Speers Rd, Oakville, ON L6K 2E5
1–2 beds
1 bath
$1,850–$2,100
Apartment for rent
5d+ ago
Falgarwood apartment for rent in Oakville
2 beds
1 bath
$1,950
Apartment for rent
Available Sep 1
5d+ ago
133 Bronte Rd, Oakville, ON L6L 0H2
1–2 beds
1–2 baths
$2,700–$4,617
Apartment for rent
20h ago
Glenorchy apartment for rent in Oakville
2 beds
2 baths
$3,900
$3,500
Price drop
Apartment for rent
Available Oct 8
3d ago
291 Queens Ave, Oakville, ON L6H 7W7
1–2 beds
1–2 baths
$2,116–$2,799
Apartment for rent
5d+ ago
2220 Marine Dr, Oakville, ON L6L 5H1
1–2 beds
1 bath
$2,370–$2,655
Apartment for rent
3h ago
Verified
75 Stewart St, Oakville, ON L6K 1X7
Studio–1 bed
1 bath
$1,989–$2,261
Apartment for rent
5d+ ago
Verified
1229 Marlborough Crt, Oakville, ON L6H 3B6
1–3 beds
1 bath
$1,995–$3,063
Apartment for rent
4d ago
1235 Marlborough Crt, Oakville, ON L6H 0W8
2 beds
1–2 baths
$2,645–$2,938
Apartment for rent
5d+ ago
444 Kerr St, Oakville, ON L6K 3C4
1 bed
1 bath
$2,086
Apartment for rent
3h ago
Verified
75 Stewart St, Oakville, ON L6K 1X7
Studio–1 bed
1 bath
$1,989–$2,261
Apartment for rent
5d+ ago
Verified
1229 Marlborough Crt, Oakville, ON L6H 3B6
1–3 beds
1 bath
$1,995–$3,063
Apartment for rent
5d+ ago
Verified
3 beds
1.5 baths
$3,300
House for rent
Available Oct 15
5d+ ago
Verified
1 bed
1 bath
$1,700
Apartment for rent
Available Nov 1
5d+ ago
Verified
1229 Marlborough Crt, Oakville, ON L6H 3B6
1–3 beds
1 bath
$1,995–$3,063
Apartment for rent
4d ago
1235 Marlborough Crt, Oakville, ON L6H 0W8
2 beds
1–2 baths
$2,645–$2,938
Apartment for rent
36m ago
265 Reynolds St, Oakville, ON L6J 3L5
1 bed
1 bath
$2,499
Price drop
Apartment for rent
6h ago
1260 Marlborough Crt, Oakville, ON L6H 3H5
2 beds
1 bath
$2,295
Apartment for rent
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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 $2,537 per month as of September 12, 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 5% since last year.
How does Oakville rent compare to the national average?
Rent in Oakville is 34% above the national average, which means renters are paying approximately $637 more per month.
Which neighborhoods are most affordable in Oakville?
The most affordable neighborhoods in Oakville are Central Oakville ($2,150/mo), River Oaks ($2,200/mo), and Glen Abbey ($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 $101,000/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).