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Rental Market Trends in Oakville, ON

What is the average rent in Oakville, ON?

$2,145/month

Average Rent

644 Sq Ft

Average Apartment Size

-0.9%

Decrease in the Last Year

As of April 2026, the average rent in Oakville, ON was $2,145/month. When you rent an apartment in Oakville, you can expect to pay as little as $1,573 to as much as $2,776, depending on the location and size of the apartment.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,573/month
461 Sq Ft
One Bedroom
$2,145/month
644 Sq Ft
Two Bedroom
$2,638/month
881 Sq Ft
Three Bedroom
$2,776/month
1,377 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,597/month
0 Sq Ft
Two Bedroom
$2,066/month
21 Sq Ft
Three Bedroom
$3,257/month
0 Sq Ft
Four Bedroom
$5,572/month
0 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,414/month
110 Sq Ft
Two Bedroom
$2,668/month
0 Sq Ft
Three Bedroom
$3,515/month
0 Sq Ft
Four Bedroom
$3,831/month
0 Sq Ft

How much has average rent changed in Oakville, ON?

In the past year, rent has decreased by 0.9%, which averages out to $20 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Oakville, ON
Last Updated April 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
14% $1,501 - $2,000/month
83% Above $2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Oakville?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Oakville
$2,247/month
631 Sq Ft
Bronte
$2,547/month
713 Sq Ft

What are the most expensive neighborhoods in Oakville?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Bronte
$2,547/month
713 Sq Ft
Oakville
$2,247/month
631 Sq Ft

Which Oakville neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Oakville
$2,247/month
631 Sq Ft
Bronte
$2,547/month
713 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 $2,145, you’ll want to make about $7,150 per month or $85,800 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

716 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Oakville, ON to other nearby cities and neighborhoods. The Apartments.com neighborhood 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
$1,669/month
$1,179/month
One Bedroom
$2,049/month
$2,464/month
Two Bedroom
$2,490/month
$3,114/month
Three Bedroom
$2,777/month
$2,718/month
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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

$2,498 - $3,045 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

$2,837 - $6,105

1-2 Beds

The Taunton Apartments

The Taunton Apartments

2333 Taunton Rd,
Oakville, ON L6H 0N5

$2,625 - $3,450

1-2 Beds

The Mariner

The Mariner

2311 Ontario St,
Oakville, ON L6L 1C3

$2,351 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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