Real Estate for Rent in Wedgewood Creek, Oakville, ON

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Neighbourhood in Oakville

Wedgewood Creek

family-friendly community-focused suburban quiet

Wedgewood Creek is a peaceful neighbourhood in Oakville. It offers a mix of homes and good amenities for families.

Median home price: $1,549,000 Median rent price: $3,735 High school rating: 7.9 Diverse community with 43.8% immigrants Many parks and playgrounds available

At a glance

Photo of 371 Fairgate Way
For RentNew Listing
Listed for:

Listed 2 days ago

$3,600

371 Fairgate Way

Oakville (Wedgewood Creek), ON L6H 6Y1

3Bedrooms
3Bathrooms
1Garage
1.5K-2KSq Ft

Freehold TownhouseFor Rent

Photo of 1117 Valleybrook Drive
For RentFully Renovated
Listed for:

Listed 17 days ago

$6,000

1117 Valleybrook Drive

Oakville (Wedgewood Creek), ON L6H 4N1

4Bedrooms
4Bathrooms
2Garage
2.5K-3KSq Ft

DetachedFor Rent

Photo of 2507 Nichols Drive
For Rent
Listed for:

Listed 18 days ago

$4,295

2507 Nichols Drive

Oakville (Wedgewood Creek), ON L6H 7A4

3Bedrooms
3Bathrooms
2Garage
2K-2.5KSq Ft

DetachedFor Rent

Photo of Unit BSMT, 2090 Laurelwood Drive
For RentBasement Apartment
Listed for:

Listed 19 days ago

$1,500

Unit BSMT, 2090 Laurelwood Drive

Oakville (Wedgewood Creek), ON L6H 4S7

1Bedroom
1Bathroom
1Parking
< 700Sq Ft

Lower LevelFor Rent

Photo of 2032 Glenada Crescent
For RentFinished BasementLarge Lot
Listed for:

Listed 26 days ago

$3,890

2032 Glenada Crescent

Oakville (Wedgewood Creek), ON L6H 4M5

3 + 1Bedrooms
4Bathrooms
1Garage
1.1K-1.5KSq Ft

LinkFor Rent

Photo of 344 Riverstone Drive
For RentFinished Basement
Listed for:

Listed Sep 14, 2026

$3,580

344 Riverstone Drive

Oakville (Wedgewood Creek), ON L6H 7M3

3Bedrooms
3Bathrooms
1Garage
1.5K-2KSq Ft

Freehold TownhouseFor Rent

Day to dayLivability

7.9

Schools near listings

out of 10 · averaged over 59 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

$1,549,000

8% above Oakville 116% above Ontario

In Wedgewood Creek

$1,549,000

In Oakville

$1,439,000

In Ontario

$718,000

Median monthly rent

$3,735/mo

25% above Oakville 49% above Ontario

In Wedgewood Creek

$3,735

In Oakville

$3,000

In Ontario

$2,500

≈ 34.6 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

21

Median $1,549,000

Houses 19 · Condos 2

For rent

7

Median $3,735

Houses 7

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-12. 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-friendly environment
  • Good schools nearby
  • Access to parks and recreational areas
  • Strong community with low crime rates

Keep in mind

  • Higher than average home prices
  • Limited public transit options
  • Few rental properties available

The feel of the placeLifestyle

Daily life in Wedgewood Creek is relaxed and community-oriented, with families enjoying local parks and schools. Residents often commute by car for work and errands.

Great for families first-time buyers professionals

Within the boundaryWhat's nearby

The boundary

2.3 km²

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

6

Parks

6

Playgrounds

4

Grocery stores

16

Restaurants

5

Cafés

2

Gyms

3

Pharmacies

Counted across all 2.3 km² of Wedgewood Creek. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

1

Elementary

  • Trafalgar Ridge Montessori School

    Independent

    Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Wedgewood Creek, 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

7,999

Population (2021)

2.4 km²

Area

3,323

People per km²

43.8

Median age

$142,765

Median income

86%

Own their home

3.1

People per household

2,530

Households

Every age

  • Children (under 15)16.0%
  • Working age (15–64)66.3%
  • Seniors (65+)17.7%

What is built here

  • Detached houses66.3%
  • Semi-detached2.8%
  • Townhouses27.9%
  • Duplexes2.6%

Own or rent

86%Owners

14%Renters

Across 2,530 households

When it was built

Mostly 1981–1990

  • 1960 or earlier0%
  • 1961–19804%
  • 1981–199051%
  • 1991–200025%
  • 2001–200515%
  • 2006–20103%
  • 2011–20150%
  • 2016–20210%

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.

43.8%
Born outside Canada
44.7%
Hold a degree or higher
57%
Employment rate
6.3%
Commute by transit
85.3%
Commute by car
1.8
Children per family
$119,935
Median income after tax
$160,886
Average household income
8.1%
Living on a low income
$1,998/mo
Renters pay, per month
$1,644/mo
Owners pay, per month
$1,236,603
Median home value at census
43.6%
Renters spending 30%+ of income on housing
15.5%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 16 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 Market Pulse Through September 2026 Moderate sales history

What homes in Wedgewood Creek actually rent for

60 homes were leased in Wedgewood Creek over the 12 months to September 2026. Half leased above $3,375 and half below, 8.3% lower than the 12 months before. A typical home found its tenant in 23 days — 2 days quicker than a year ago.

Median rent
$3,375
-8.3% year over year
Days to lease
23
2 days quicker
Leases closed
60
last 12 months
Rent per square foot
$2.02/mo
from 58 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 home here differs from the next.

$5,302$4,084$2,866$1,648
Jan ’24Dec ’24Oct ’25Sep ’26
Median rent Middle half of leases

What renters actually paid

$2,990/mo

on a $3,000 asking rent — under ask by $10

−10%Asking rent+10%
Of the asking rent
99.7%
Leased over asking
11.7%

From 60 leases that closed here in the last 12 months.

Rent or buy in Wedgewood Creek

30.1 years

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

Median sold price

$1,218,822

59 sales

Median rent

$3,375/mo

60 leases

Gross rental yield

3.32%

before costs

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

What actually rents in Wedgewood Creek

A single median hides this: the mix of homes behind it, and what each kind costs.

60leases
  • Freehold town$3,7508.3%
  • Detached$2,4508.3%
  • Other kinds, too few of each —83.4%

How fast it moves

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

Apr 2024Aug 2026

Terracotta marks the last 12 months.

Every month behind these charts — Wedgewood Creek, rentals
Monthly closed leases in Wedgewood Creek
MonthClosedMedianMiddle halfDays% of ask
Sep 20263 Not enough leases this month to report a median
Aug 202611$3,318$2,000 – $3,97524100.0%
Jul 20266$3,500$3,100 – $4,00020100.0%
Jun 20267$3,864$3,500 – $4,1387100.4%
May 20262 Not enough leases this month to report a median
Apr 20268$3,775$3,525 – $4,1502198.5%
Mar 20261 Not enough leases this month to report a median
Feb 20264 Not enough leases this month to report a median
Jan 20262 Not enough leases this month to report a median
Dec 20254 Not enough leases this month to report a median
Nov 20257$3,200$3,050 – $3,80014100.0%
Oct 20255$3,500$3,500 – $3,55022100.0%
Sep 20255$4,000$3,300 – $4,80026100.0%
Aug 20254 Not enough leases this month to report a median
Jul 20258$3,800$3,113 – $3,97513100.0%
Jun 20258$3,670$3,175 – $3,85020100.0%
May 20257$3,650$3,300 – $4,02527100.0%
Apr 20258$3,450$2,650 – $4,20014100.0%
Mar 20255$3,900$3,250 – $4,6002999.1%
Feb 20251 Not enough leases this month to report a median
Jan 20254 Not enough leases this month to report a median
Dec 20246$3,525$2,263 – $3,58835100.0%
Nov 20243 Not enough leases this month to report a median
Oct 20245$3,650$3,500 – $4,5003898.5%
Sep 20244 Not enough leases this month to report a median
Aug 202410$4,150$3,925 – $4,61327100.0%
Jul 202410$4,400$3,650 – $5,00045100.0%
Jun 20247$4,000$3,800 – $5,05025100.0%
May 20243 Not enough leases this month to report a median
Apr 20245$3,900$1,900 – $4,00050100.0%
Mar 20242 Not enough leases this month to report a median
Feb 20241 Not enough leases this month to report a median
Jan 20243 Not enough leases this month to report a median

15 of these months closed fewer than 5 leases. A middle value taken over that few is not a market figure — with one lease it is simply that lease — so the count is shown and the median is not. The leases themselves still count toward the 12-month figures above.

What people ask about Wedgewood Creek

How much does a home cost in Wedgewood Creek?

Homes in Wedgewood Creek sold for a median of $1,218,822 over the 12 months to September 2026, across 59 closed sales — half sold for more and half for less. That is 12.3% lower than the 12 months before it.

How long does it take to sell a home in Wedgewood Creek?

A home in Wedgewood Creek took a median of 28 days on the market over the 12 months to September 2026. Homes there closed at 96.0% of the asking price on average, with 11.9% selling over asking.

How much is rent in Wedgewood Creek?

The median lease in Wedgewood Creek closed at $3,375 a month over the 12 months to September 2026, across 60 leases.

Is it cheaper to rent or buy in Wedgewood Creek?

A home in Wedgewood Creek costs about 30.1 years of the rent on one — the median price of $1,218,822 against a median rent of $3,375 a month, a gross yield of 3.32%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from leases reported closed in Wedgewood Creek 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 home. Not an appraisal or an opinion of value.

Condos in Wedgewood Creek

A condo here is its own market

2 condo townhouses are on the market in Wedgewood Creek right now. Too few have closed here in the last year for us to publish a median we would stand behind.