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Rental Market Trends in Oakville, ON

What is the average rent in Oakville, ON?

$2,134/month

Average Rent

649 Sq Ft

Average Apartment Size

-1.3%

Decrease in the Last Year

As of June 2026, the average rent in Oakville, ON was $2,134/month. When you rent an apartment in Oakville, you can expect to pay as little as $1,566 to as much as $2,770, depending on the location and size of the apartment.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,566/month
471 Sq Ft
One Bedroom
$2,134/month
649 Sq Ft
Two Bedroom
$2,619/month
881 Sq Ft
Three Bedroom
$2,770/month
1,185 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,542/month
0 Sq Ft
Two Bedroom
$2,057/month
18 Sq Ft
Three Bedroom
$3,188/month
0 Sq Ft
Four Bedroom
$5,981/month
0 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,861/month
0 Sq Ft
Three Bedroom
$3,475/month
0 Sq Ft
Four Bedroom
$3,887/month
0 Sq Ft

How much has average rent changed in Oakville, ON?

In the past year, rent has decreased by 1.3%, which averages out to $26 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Oakville, ON
Last Updated June 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Oakville, ON
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
3% $1,001 - $1,500/month
16% $1,501 - $2,000/month
81% Above $2,000/month

Rent by Neighbourhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighbourhoods in Oakville?

Based on current rent prices, Oakville and Bronte" are the most affordable neighbourhoods in Oakville.

Calculate Rent Affordability
Neighbourhood
Average Rent
Average Sq Ft
Oakville
$2,222/month
618 Sq Ft
Bronte
$2,601/month
751 Sq Ft

What are the most expensive neighbourhoods in Oakville?

Based on current rent prices, Bronte and Oakville" are the most expensive neighbourhoods in Oakville.

Calculate Rent Affordability
Neighbourhood
Average Rent
Average Sq Ft
Bronte
$2,601/month
751 Sq Ft
Oakville
$2,222/month
618 Sq Ft

Which Oakville neighbourhoods have the most rentals available?

The neighbourhoods in Oakville with the most apartments available are Oakville and Bronte" .

Calculate Rent Affordability
Neighbourhood
Average Rent
Average Sq Ft
Oakville
$2,222/month
618 Sq Ft
Bronte
$2,601/month
751 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Oakville, ON?

Because the average rent in Oakville is $2,134, you’ll want to make about $7,113 per month or $85,356 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Oakville, ON

661 Available Apartments for Rent

Search for Nearby Apartments

How does Oakville, ON compare to other nearby cities and neighbourhoods?

Use the tool below to compare Oakville, ON to other nearby cities and neighbourhoods. The Apartments.com neighbourhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Oakville, ON

Apartment Averages

Oakville

Oakville, ON

Bronte

Oakville, ON

Studio
$1,655/month
$1,178/month
One Bedroom
$2,050/month
$2,422/month
Two Bedroom
$2,460/month
$3,125/month
Three Bedroom
$2,771/month
$2,705/month
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Nearby City Rent Trends

  • Hamilton Average Rent

Apartment communities in Oakville we think you'll love

2475 Old Bronte Road

2475 Old Bronte Road

2475 Old Bronte Rd,
Oakville, ON L6M 4J2

$2,499 - $3,046 Total Monthly Price

1-2 Beds | 12 Month Lease

The Village at Bronte Harbour

The Village at Bronte Harbour

133 Bronte Rd,
Oakville, ON L6L 0H2

$2,585 - $6,105

1-2 Beds

2215 Sheridan Park Drive

2215 Sheridan Park Drive

2215 Sheridan Park Dr,
Mississauga, ON L5K 1C7

$1,924 - $2,608

1-2 Beds

The Mariner

The Mariner

2311 Ontario St,
Oakville, ON L6L 1C3

$2,350 Total Monthly Price

1 Bed | 12 Month Lease

Canada Ontario Oakville Rental Trends

Methodology

† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

* Percentages may not total 100 due to rounding.

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