What's the average rent in Oakville, ON?

Rental Market Trends in Oakville, ON

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Oakville, ON is $2,750 per month, which is 41% higher than the national average rent of $1,948 per month.

AVERAGE RENT

$2,750

-3.5%-$100 decrease month-over-month

-18.9%-$640 decrease year-over-year

AVAILABLE RENTALS

467

APARTMENTS

$2,323

HOUSES

$4,500

TOWNHOUSES

$3,500

As of September 2026, apartments are the most affordable rental option in Oakville, ON at $2,323 per month, while houses are the most expensive at $4,500 per month. Townhomes average $3,500 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$2,086
2 Bedrooms	$2,500
3 Bedrooms	$3,450
4 Bedrooms	$5,000
All	$2,750

As of September 2026, the average rent for a 1 bedroom rental in Oakville, ON is $2,086 per month, followed by $2,500 for a 2 bedroom rental, $3,450 for a 3 bedroom rental, and $5,000 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,030
2 Bedrooms	$2,750
3 Bedrooms	$3,580
4 Bedrooms	$3,975
All	$3,500

As of September 2026, the average rent for a 1 bedroom townhome in Oakville, ON is $1,030 per month, followed by $2,750 for a 2 bedroom townhome, $3,580 for a 3 bedroom townhome, and $3,975 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$2,100
2 Bedrooms	$2,500
3 Bedrooms	$2,900
4 Bedrooms	$3,199
All	$2,350

As of September 2026, the average rent for a 1 bedroom apartment in Oakville, ON is $2,100 per month, followed by $2,500 for a 2 bedroom apartment, $2,900 for a 3 bedroom apartment, and $3,199 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,700
2 Bedrooms	$2,200
3 Bedrooms	$3,500
4 Bedrooms	$5,300
All	$4,500

As of September 2026, the average rent for a 1 bedroom house in Oakville, ON is $1,700 per month, followed by $2,200 for a 2 bedroom house, $3,500 for a 3 bedroom house, and $5,300 for a 4 bedroom house.