Condos for Rent in River Oaks, Oakville, ON

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Neighbourhood in Oakville

River Oaks

family-friendly suburban community-focused

River Oaks is a family-friendly neighbourhood in Oakville, Ontario. It offers a mix of residential homes and condos, making it suitable for various lifestyles.

Good schools with an average rating of 7.7 Many parks and playgrounds for outdoor activities Diverse community with a high immigrant percentage Close to grocery stores and restaurants Strong sense of community

At a glance

Photo of Unit 349, 2485 Taunton Road
For RentSwimming PoolRooftop Terrace
Listed for:

Listed 8 days ago

$2,350

Unit 349, 2485 Taunton Road

Oakville (River Oaks), ON L6H 0G3

1 + 1Bedrooms
1Bathroom
1Parking
600-699Sq Ft

Condo ApartmentFor Rent

Photo of Unit 450, 2485 Taunton Road
For RentSwimming Pool
Listed for:

Listed 10 days ago

$2,250

Unit 450, 2485 Taunton Road

Oakville (River Oaks), ON L6H 3R8

1 + 1Bedrooms
1Bathroom
1Parking
500-599Sq Ft

Condo ApartmentFor Rent

Photo of Unit 23, 2468 Post Road
For RentCorner Unit
Listed for:

Listed 22 days ago

$2,700

Unit 23, 2468 Post Road

Oakville (River Oaks), ON L6H 0J2

2Bedrooms
2Bathrooms
1Parking
1K-1.2KSq Ft

Condo ApartmentFor Rent

Photo of Unit 209, 2338 Taunton Road
For Rent
Listed for:

Listed 24 days ago

$2,800

Unit 209, 2338 Taunton Road

Oakville (River Oaks), ON L6H 0L3

2Bedrooms
2Bathrooms
2Parking
800-899Sq Ft

Condo ApartmentFor Rent

Photo of Unit 206, 2365 Central Park Drive
For RentSwimming Pool
Listed for:

Listed Sep 10, 2026

$2,100

Unit 206, 2365 Central Park Drive

Oakville (River Oaks), ON L6H 0C7

1Bedroom
1Bathroom
1Parking
500-599Sq Ft

Condo ApartmentFor Rent

Photo of Unit 1408, 2481 Taunton Road
For RentSwimming PoolPanoramic Views
Listed for:

Listed Jul 10, 2026

$2,700

Unit 1408, 2481 Taunton Road

Oakville (River Oaks), ON L6H 3R7

2Bedrooms
1Bathroom
1Parking
700-799Sq Ft

Condo ApartmentFor Rent

Day to dayLivability

7.7

Schools near listings

out of 10 · averaged over 258 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$839,000

41% below Oakville 17% above Ontario

In River Oaks

$839,000

In Oakville

$1,418,000

In Ontario

$717,000

Median monthly rent

$2,775/mo

9% below Oakville 11% above Ontario

In River Oaks

$2,775

In Oakville

$3,050

In Ontario

$2,500

≈ 25.2 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

92

Median $839,000

Houses 49 · Condos 43

For rent

28

Median $2,775

Condos 18 · Houses 10

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-10. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Family-oriented with many schools and parks
  • Higher than average income levels
  • Good mix of housing types
  • Low unemployment rate

Keep in mind

  • Prices are above the provincial median
  • Limited public transit options
  • Some may find rental prices high

The feel of the placeLifestyle

Residents enjoy a suburban lifestyle with access to parks and schools. The community is active and engaged, making it a great place for families.

Great for families first-time buyers young professionals

Within the boundaryWhat's nearby

The boundary

7.0 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

23

Parks

25

Playgrounds

4

Grocery stores

7

Restaurants

5

Cafés

3

Gyms

3

Pharmacies

Counted across all 7.0 km² of River Oaks. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

7.4/10

Average rating of the 5 rated schools in this area

5

Elementary

1

Secondary

  • St. Andrew Catholic Elementary School

    Catholic · Grades JK–8 · Halton CDSB

    8.5/108.1 over 5 yrs

    175th of 3,045 Ontario elementary schools

    660 students · EQAO 2024-2025

  • Post's Corners Public School

    Public · Grades JK–8 · Halton DSB

    7.8/107.9 over 5 yrs

    433rd of 3,045 Ontario elementary schools

    840 students · EQAO 2024-2025

  • Holy Trinity Catholic Secondary School

    Catholic · Grades 9–12 · Halton CDSB

    7.1/107.5 over 5 yrs

    201st of 742 Ontario secondary schools

    1,775 students · EQAO 2024-2025

  • River Oaks Public School

    Public · Grades JK–8 · Halton DSB

    7.0/106.9 over 5 yrs

    888th of 3,045 Ontario elementary schools

    695 students · EQAO 2024-2025

  • Our Lady of Peace Catholic Elementary School

    Catholic · Grades JK–8 · Halton CDSB

    6.8/107.4 over 5 yrs

    1,026th of 3,045 Ontario elementary schools

    400 students · EQAO 2024-2025

  • Rotherglen School - Oakville Elementary

    Independent

    Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside River Oaks, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

23,905

Population (2021)

6.9 km²

Area

3,448

People per km²

41.8

Median age

$143,531

Median income

78%

Own their home

2.9

People per household

8,330

Households

Every age

  • Children (under 15)17.1%
  • Working age (15–64)69.0%
  • Seniors (65+)13.9%

What is built here

  • Detached houses46.7%
  • Semi-detached10.3%
  • Townhouses18.5%
  • Duplexes0.5%
  • Low-rise apartments15.6%
  • High-rise apartments8.1%

Own or rent

78%Owners

21%Renters

Across 8,330 households

When it was built

Mostly 1991–2000

  • 1960 or earlier0%
  • 1961–19802%
  • 1981–199023%
  • 1991–200038%
  • 2001–200510%
  • 2006–20106%
  • 2011–20158%
  • 2016–202111%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

38.8%
Born outside Canada
48.8%
Hold a degree or higher
62.3%
Employment rate
5.2%
Commute by transit
86.6%
Commute by car
1.7
Children per family
$118,376
Median income after tax
$188,795
Average household income
8.1%
Living on a low income
$2,246/mo
Renters pay, per month
$1,905/mo
Owners pay, per month
$1,092,861
Median home value at census
39.5%
Renters spending 30%+ of income on housing
18.1%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 39 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry

HOMEH Market Pulse Condo apartments only Through September 2026 Deep sales history

What condos in River Oaks actually rent for

At least 228 condos were leased in River Oaks over the 12 months to September 2026. Half leased above $2,375 and half below, 3.7% lower than the 12 months before. A typical condo found its tenant in 21 days — 3 days quicker than a year ago.

8 of the last 12 months had at least 5 closed condos sales in River Oaks. Quieter months are left out rather than shown as a median over a handful of homes, so the totals here are a floor.

Median rent
$2,375
-3.7% year over year
Days to lease
21
3 days quicker
Leases closed
228
last 12 months
Rent per square foot
$3.40/mo
from 225 sized leases

Three years of rents

The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one condo here differs from the next.

$3,076$2,709$2,341$1,974
Jan ’24Dec ’24Oct ’25Sep ’26
Median rent Middle half of leases

What renters actually paid

$2,993/mo

on a $3,000 asking rent — under ask by $7

−10%Asking rent+10%
Of the asking rent
99.8%
Leased over asking
7.5%

From 228 leases that closed here in the last 12 months.

Rent or buy in River Oaks

17.7 years

of rent, at the going rate here, adds up to what a condo here costs.

Median sold price

$504,641

49 sales

Median rent

$2,375/mo

228 leases

Gross rental yield

5.65%

before costs

Both figures come from deals that actually closed in River Oaks over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

How fast it moves

Median days on market, month by month. Taller means slower.

Oct 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — River Oaks, rentals
Monthly closed leases in River Oaks
MonthClosedMedianMiddle halfDays% of ask
Sep 202616$2,688$2,311 – $3,00015100.0%
Aug 202624$2,400$2,150 – $2,61313100.0%
Jul 202623$2,499$2,225 – $2,75011100.0%
Jun 202621$2,250$2,200 – $2,50011100.0%
May 202625$2,250$2,170 – $2,80021100.0%
Apr 202630$2,250$2,050 – $2,45031100.0%
Mar 202620$2,288$2,088 – $2,56314100.0%
Feb 20269$2,200$2,100 – $2,40025100.0%
Jan 20268$2,500$2,350 – $2,71329100.0%
Dec 202521$2,350$2,100 – $2,7004499.0%
Nov 202515$2,400$2,175 – $2,62520100.0%
Oct 202516$2,600$2,300 – $2,7752198.2%
Sep 202512$2,425$2,288 – $2,65017100.0%
Aug 202530$2,300$2,200 – $2,60022100.0%
Jul 202523$2,500$2,250 – $2,80021100.0%
Jun 202535$2,550$2,175 – $2,80016100.0%
May 202516$2,200$2,088 – $2,33827100.0%
Apr 202522$2,375$2,113 – $2,79436100.0%
Mar 202515$2,470$2,300 – $2,6502798.3%
Feb 202514$2,750$2,438 – $2,83833100.0%
Jan 202514$2,359$2,213 – $2,6502299.1%
Dec 20248$2,650$2,400 – $2,81318100.0%
Nov 20247$2,600$2,388 – $2,77522100.0%
Oct 202412$2,700$2,450 – $2,89024100.0%
Sep 202413$2,650$2,550 – $3,00020100.0%
Aug 202438$2,825$2,500 – $3,00018100.0%
Jul 202436$2,750$2,400 – $3,00027100.0%
Jun 202428$2,500$2,338 – $2,80033100.0%
May 202427$2,500$2,350 – $2,62530100.0%
Apr 202430$2,350$2,275 – $2,50040100.0%
Mar 202419$2,600$2,200 – $2,70043100.0%
Feb 20245$2,550$2,490 – $2,65063100.0%
Jan 20247$2,800$2,390 – $2,90036100.0%

What people ask about River Oaks

How much does a condo cost in River Oaks?

Condos in River Oaks sold for a median of $504,641 over the 12 months to September 2026, across at least 49 closed sales — half sold for more and half for less. That is 9.2% lower than the 12 months before it.

How long does it take to sell a condo in River Oaks?

A condo in River Oaks took a median of 44 days on the market over the 12 months to September 2026. Condos there closed at 96.9% of the asking price on average, with 4.1% selling over asking.

How much is rent for a condo in River Oaks?

The median condo lease in River Oaks closed at $2,375 a month over the 12 months to September 2026, across at least 228 leases.

Is it cheaper to rent or buy a condo in River Oaks?

A condo in River Oaks costs about 17.7 years of the rent on one — the median price of $504,641 against a median rent of $2,375 a month, a gross yield of 5.65%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from leases reported closed in River Oaks on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one condo. Not an appraisal or an opinion of value.