What's the average rent in Oakville, ON?

Rental Market Trends in Oakville, ON

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Oakville, ON is $2,650 per month, which is 36% higher than the national average rent of $1,951 per month.

AVERAGE RENT

$2,650

-5.4%-$150 decrease month-over-month

-7.0%-$200 decrease year-over-year

AVAILABLE RENTALS

515

APARTMENTS

$2,318

HOUSES

$4,500

TOWNHOUSES

$3,400

As of June 2026, apartments are the most affordable rental option in Oakville, ON at $2,318 per month, while houses are the most expensive at $4,500 per month. Townhomes average $3,400 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$2,075
2 Bedrooms	$2,499
3 Bedrooms	$3,400
4 Bedrooms	$4,300
All	$2,650

As of June 2026, the average rent for a 1 bedroom rental in Oakville, ON is $2,075 per month, followed by $2,499 for a 2 bedroom rental, $3,400 for a 3 bedroom rental, and $4,300 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,000
2 Bedrooms	$2,850
3 Bedrooms	$3,500
4 Bedrooms	$3,800
All	$3,400

As of June 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, $3,500 for a 3 bedroom townhome, and $3,800 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$2,100
2 Bedrooms	$2,390
3 Bedrooms	$2,800
4 Bedrooms	$3,500
All	$2,300

As of June 2026, the average rent for a 1 bedroom apartment in Oakville, ON is $2,100 per month, followed by $2,390 for a 2 bedroom apartment, $2,800 for a 3 bedroom apartment, and $3,500 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,800
2 Bedrooms	$2,200
3 Bedrooms	$3,800
4 Bedrooms	$4,900
All	$4,500

As of June 2026, the average rent for a 1 bedroom house in Oakville, ON is $1,800 per month, followed by $2,200 for a 2 bedroom house, $3,800 for a 3 bedroom house, and $4,900 for a 4 bedroom house.