Real Estate for Rent in Central, Oakville, ON

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Neighbourhood in Oakville

Central

family-friendly community-oriented suburban

Central is a vibrant neighbourhood in Oakville. It offers a mix of residential options and amenities for families and individuals.

High school rating average of 8.5 Diverse housing options available Close to various restaurants and cafes Strong community with a 37.6% immigrant population

At a glance

Photo of 135 Deane Avenue
For RentNew ListingSeparate EntranceFinished Basement
Listed for:

Listed 1 day ago

$3,400

135 Deane Avenue

Oakville (Central), ON L6K 1N2

2 + 2Bedrooms
2Bathrooms
1Garage
1.1K-1.5KSq Ft

DetachedFor Rent

Photo of Unit 105, 55 Speers Road
For RentNew Listing
Listed for:

Listed 2 days ago

$2,099

Unit 105, 55 Speers Road

Oakville (Central), ON L6K 3R6

1Bedroom
1Bathroom
1Parking
500-599Sq Ft

Condo ApartmentFor Rent

Photo of Unit 315, 55 Speers Road
For RentNew Listing
Listed for:

Listed 2 days ago

$2,700

Unit 315, 55 Speers Road

Oakville (Central), ON L6K 0H9

2Bedrooms
2Bathrooms
1Parking
700-799Sq Ft

Condo ApartmentFor Rent

Photo of Unit 1204, 65 Speers Road
For RentNew ListingSwimming Pool
Listed for:

Listed 4 days ago

$2,400

Unit 1204, 65 Speers Road

Oakville (Central), ON L6K 0J1

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

Condo ApartmentFor Rent

Photo of Unit 710, 65 Speers Road
For RentPanoramic Views
Listed for:

Listed 9 days ago

$2,450

Unit 710, 65 Speers Road

Oakville (Central), ON L6K 0J1

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

Condo ApartmentFor Rent

Photo of Unit Main, 235 Mary Street
For Rent
Listed for:

Listed 11 days ago

$2,900

Unit Main, 235 Mary Street

Oakville (Central), ON L6K 1S5

3Bedrooms
1Bathroom
1Garage
1.1K-1.5KSq Ft

DetachedFor Rent

Day to dayLivability

8.5

Schools near listings

out of 10 · averaged over 103 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

$1,185,880

16% below Oakville 66% above Ontario

In Central

$1,185,880

In Oakville

$1,419,000

In Ontario

$715,000

Median monthly rent

$2,673/mo

11% below Oakville 7% above Ontario

In Central

$2,673

In Oakville

$3,000

In Ontario

$2,500

≈ 37 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

58

Median $1,185,880

Condos 30 · Houses 28

For rent

18

Median $2,673

Condos 12 · Houses 6

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-11. 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

  • Good schools rated highly
  • Family-friendly environment
  • Access to parks for outdoor activities
  • Diverse community with cultural richness

Keep in mind

  • Prices are above the city median
  • Higher rental strain for residents

The feel of the placeLifestyle

Daily life in Central is active and community-oriented, with many amenities within reach. Residents enjoy a suburban feel with local parks and shops.

Great for families first-time buyers young professionals

Within the boundaryWhat's nearby

The boundary

2.4 km²

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

12

Parks

11

Playgrounds

1

Grocery stores

12

Restaurants

3

Cafés

3

Gyms

3

Pharmacies

Counted across all 2.4 km² of Central. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

8.2/10

Average rating of the 2 rated schools in this area

3

Elementary

2

Secondary

  • St. Thomas Aquinas Catholic Secondary School

    Catholic · Grades 9–12 · Halton CDSB

    8.2/107.6 over 5 yrs

    65th of 742 Ontario secondary schools

    1,310 students · EQAO 2024-2025

  • ÉÉC Sainte-Marie-Oakville

    Independent · French · Grades JK–8 · CSC MonAvenir

    8.1/107.6 over 5 yrs

    299th of 3,045 Ontario elementary schools

    295 students · EQAO 2024-2025

  • Modern Montessori Academy

    Independent

    Not rated

  • Oakwood Public School

    Public · Grades JK–6 · Halton DSB

    Not rated

    265 students · EQAO 2024-2025

  • Speak Spanish Academy

    Independent

    Not rated

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

10,050

Population (2021)

2.9 km²

Area

3,444

People per km²

45.7

Median age

$85,338

Median income

41%

Own their home

2.1

People per household

4,865

Households

Every age

  • Children (under 15)12.3%
  • Working age (15–64)65.5%
  • Seniors (65+)22.2%

What is built here

  • Detached houses24.9%
  • Semi-detached1.3%
  • Townhouses8.2%
  • Duplexes3.8%
  • Low-rise apartments18.2%
  • High-rise apartments43.1%
  • Other attached homes0.5%

Own or rent

41%Owners

59%Renters

Across 4,865 households

When it was built

Mostly 1961–1980

  • 1960 or earlier26%
  • 1961–198035%
  • 1981–19909%
  • 1991–20008%
  • 2001–20053%
  • 2006–20103%
  • 2011–20155%
  • 2016–20219%

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.

37.6%
Born outside Canada
36.9%
Hold a degree or higher
53.7%
Employment rate
10.4%
Commute by transit
76.7%
Commute by car
1.7
Children per family
$73,224
Median income after tax
$125,813
Average household income
14.9%
Living on a low income
$1,502/mo
Renters pay, per month
$1,744/mo
Owners pay, per month
$1,159,554
Median home value at census
40.2%
Renters spending 30%+ of income on housing
19%
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 school registry

HOMEH Market Pulse Through September 2026 Deep sales history

What homes in Central actually rent for

178 homes were leased in Central over the 12 months to September 2026. Half leased above $2,862 and half below, 11.1% higher than the 12 months before. A typical home found its tenant in 24 days.

Median rent
$2,862
+11.1% year over year
Days to lease
24
1 day slower
Leases closed
178
last 12 months
Rent per square foot
$3.20/mo
from 171 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.

$10,096$7,215$4,335$1,454
Nov ’23Oct ’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
10.7%

From 178 leases that closed here in the last 12 months.

Rent or buy in Central

27.9 years

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

Median sold price

$959,569

102 sales

Median rent

$2,862/mo

178 leases

Gross rental yield

3.58%

before costs

Both figures come from deals that actually closed in Central 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 Central

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

178leases
  • Condo apartment$2,61962.4%
  • Detached$3,4506.7%
  • Other kinds, too few of each —30.9%

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 — Central, rentals
Monthly closed leases in Central
MonthClosedMedianMiddle halfDays% of ask
Sep 202612$2,725$2,425 – $3,21325100.0%
Aug 202621$3,002$2,400 – $4,00024100.0%
Jul 202621$3,062$2,394 – $4,70018100.0%
Jun 202621$3,119$2,550 – $9,5002099.4%
May 202617$3,000$2,225 – $3,50019100.0%
Apr 202613$2,500$2,050 – $3,60055100.0%
Mar 20269$2,225$2,200 – $2,50028100.0%
Feb 202615$2,650$2,450 – $3,75026100.0%
Jan 202610$2,900$2,625 – $3,37526100.0%
Dec 202512$2,575$2,200 – $2,9252198.0%
Nov 202515$2,700$2,288 – $3,05019100.0%
Oct 202512$3,350$2,675 – $4,06320100.0%
Sep 202512$3,250$2,513 – $3,57523100.0%
Aug 202517$2,400$2,200 – $2,75021100.0%
Jul 202518$2,375$2,113 – $2,85021100.0%
Jun 202521$2,300$2,100 – $2,80022100.0%
May 202514$2,625$2,163 – $2,95034100.0%
Apr 202512$2,550$2,175 – $2,85327100.0%
Mar 202512$2,623$2,419 – $3,0253098.5%
Feb 20259$2,600$2,300 – $3,55034100.0%
Jan 202513$2,750$2,450 – $3,00028100.0%
Dec 202410$2,675$2,263 – $3,14917100.0%
Nov 202416$2,700$2,488 – $2,90015100.0%
Oct 202414$2,425$2,363 – $2,48815100.0%
Sep 20247$2,400$2,325 – $2,90024100.0%
Aug 202421$3,000$2,500 – $3,75037100.0%
Jul 202414$2,895$2,500 – $3,10021100.0%
Jun 202424$2,950$2,550 – $3,81136100.0%
May 202410$2,398$2,300 – $2,63837100.0%
Apr 202415$2,800$2,475 – $3,40046100.0%
Mar 202410$2,550$2,181 – $2,7383497.9%
Feb 20245$2,600$2,150 – $2,90030100.0%
Jan 20245$4,700$2,900 – $5,00025100.0%
Dec 20233 Not enough leases this month to report a median
Nov 20233 Not enough leases this month to report a median

2 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 Central

How much does a home cost in Central?

Homes in Central sold for a median of $959,569 over the 12 months to September 2026, across 102 closed sales — half sold for more and half for less. That is 21.2% lower than the 12 months before it.

How long does it take to sell a home in Central?

A home in Central took a median of 30 days on the market over the 12 months to September 2026. Homes there closed at 96.0% of the asking price on average, with 9.8% selling over asking.

How much is rent in Central?

The median lease in Central closed at $2,862 a month over the 12 months to September 2026, across 178 leases.

Is it cheaper to rent or buy in Central?

A home in Central costs about 27.9 years of the rent on one — the median price of $959,569 against a median rent of $2,862 a month, a gross yield of 3.58%. The shorter that number, the closer buying is to renting before financing costs.

What kind of homes sell in Central?

Over the 12 months to September 2026 the mix in Central was condo apartment (14.7% of sales, median $577,800) and detached (11.8% of sales, median $1,271,250).

Compiled by HOMEH from leases reported closed in Central 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 Central

A condo here is 2.2× cheaper than detached houses

Half the condo apartments that changed hands in Central over the 12 months to September 2026 sold above $577,800. The neighbourhood's median across every kind of home was $959,569 — one number, two markets.

Condo apartment$577,800
Detached$1,271,250

Median closed prices over the 12 months to September 2026, from 102 sales in Central. Medians describe the group, never one home.

Median condo sold price
$578K
15 closed sales
Median condo rent
$2,619/mo
111 leases
Days to sell
30
median, condo apartments
Share of all sales
15%
of everything that closed here