What's the average rent in Oakville, ON?

Rental Market Trends in Oakville, ON

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Oakville, ON is $2,800 per month, which is 42% higher than the national average rent of $1,965 per month.

AVERAGE RENT

$2,800

7.7%$200 increase month-over-month

-9.7%-$300 decrease year-over-year

AVAILABLE RENTALS

518

APARTMENTS

$2,957

HOUSES

$4,700

TOWNHOUSES

$3,600

As of August 2026, apartments are the most affordable rental option in Oakville, ON at $2,957 per month, while houses are the most expensive at $4,700 per month. Townhomes average $3,600 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$2,050
2 Bedrooms	$2,500
3 Bedrooms	$3,500
4 Bedrooms	$4,200
All	$2,800

As of August 2026, the average rent for a 1 bedroom rental in Oakville, ON is $2,050 per month, followed by $2,500 for a 2 bedroom rental, $3,500 for a 3 bedroom rental, and $4,200 for a 4 bedroom rental.

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

As of August 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 $3,850 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$2,050
2 Bedrooms	$2,450
3 Bedrooms	$2,995
4 Bedrooms	$3,500
All	$2,300

As of August 2026, the average rent for a 1 bedroom apartment in Oakville, ON is $2,050 per month, followed by $2,450 for a 2 bedroom apartment, $2,995 for a 3 bedroom apartment, and $3,500 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,789
2 Bedrooms	$2,200
3 Bedrooms	$3,750
4 Bedrooms	$5,000
All	$4,700

As of August 2026, the average rent for a 1 bedroom house in Oakville, ON is $1,789 per month, followed by $2,200 for a 2 bedroom house, $3,750 for a 3 bedroom house, and $5,000 for a 4 bedroom house.