What's the average rent in Oakville, ON?

Rental Market Trends in Oakville, ON

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Oakville, ON is $3,300 per month, which is 71% higher than the national average rent of $1,932 per month.

AVERAGE RENT

$3,300

16.6%$471 increase month-over-month

9.3%$280 increase year-over-year

AVAILABLE RENTALS

574

APARTMENTS

$2,488

HOUSES

$4,750

TOWNHOUSES

$3,580

As of November 2026, apartments are the most affordable rental option in Oakville, ON at $2,488 per month, while houses are the most expensive at $4,750 per month. Townhomes average $3,580 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$2,000
2 Bedrooms	$2,495
3 Bedrooms	$3,500
4 Bedrooms	$4,350
All	$3,300

As of November 2026, the average rent for a 1 bedroom rental in Oakville, ON is $2,000 per month, followed by $2,495 for a 2 bedroom rental, $3,500 for a 3 bedroom rental, and $4,350 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,000
2 Bedrooms	$2,850
3 Bedrooms	$3,600
4 Bedrooms	$3,900
All	$3,580

As of November 2026, the average rent for a 1 bedroom townhome in Oakville, ON is $1,000 per month, followed by $2,850 for a 2 bedroom townhome, $3,600 for a 3 bedroom townhome, and $3,900 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$2,100
2 Bedrooms	$2,350
3 Bedrooms	$3,000
4 Bedrooms	$3,199
All	$2,250

As of November 2026, the average rent for a 1 bedroom apartment in Oakville, ON is $2,100 per month, followed by $2,350 for a 2 bedroom apartment, $3,000 for a 3 bedroom apartment, and $3,199 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,650
2 Bedrooms	$2,200
3 Bedrooms	$3,950
4 Bedrooms	$4,900
All	$4,750

As of November 2026, the average rent for a 1 bedroom house in Oakville, ON is $1,650 per month, followed by $2,200 for a 2 bedroom house, $3,950 for a 3 bedroom house, and $4,900 for a 4 bedroom house.