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City in Ontario

Condos for rent in Oakville

Name: HOMEH Market Pulse — Oakville closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

There are 130 condos and apartments for rent in Oakville today, with a median rent of $2,425/mo (-19% vs. all rentals in Oakville). 46 are 1-bedroom condos for rent. The most active neighbourhoods are Joshua Meadows, Glenorchy and Westmount.

family-friendly suburban community-oriented

213,759 people lived in Oakville at the 2021 Census, in 73,520 households. 78% of households owned their home and 22% rented. The most common homes were single-detached houses (59%) and row houses (17%). 27% of homes were built before 1981, and 18% since 2011. 85% of commuters went to work by car and 6% by public transit.

Oakville, Ontario

Oakville Condo Rentals

Day to dayLivability

Walkability

out of 100 · averaged over 187,152 past and present listings

Average walk score reported on listings here

7.8

Schools near listings

out of 10 · averaged over 187,152 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

$1,439,000

101% above Ontario

In Oakville

$1,439,000

In Ontario

$716,900

Median monthly rent

$3,000/mo

20% above Ontario

In Oakville

$3,000

In Ontario

$2,499

$854

Per square foot

≈ 40 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

1,065

Median $1,439,000

Houses 771 · Condos 293

For rent

440

Median $3,000

Houses 276 · Condos 164

Recently sold

Recently leased

Market data as of 2026-08-16. 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 with a score of 7.8
Multiple parks for outdoor activities

Keep in mind

Higher prices compared to provincial median
Walkability score is average at 50

The feel of the placeLifestyle

Daily life in Oakville offers a suburban feel with access to parks and schools. Residents can enjoy a mix of community and convenience.

Great for families first-time buyers professionals

Within the boundaryWhat's nearby

The boundary

137.7 km²

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

232

Parks

221

Playgrounds

Transit stations

Grocery stores

159

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 137.7 km² of Oakville. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

7.9/10

Average rating of the 58 rated schools in this area

Elementary

Secondary

Alfajrul Bassem
Independent · n/a
10.0/10
1st of 3,045 Ontario elementary schools
18 students
Forest Trail Public School (Elementary)
Public · Grades 1–8 · Halton DSB
10.0/109.3 over 5 yrs
1st of 3,045 Ontario elementary schools
715 students · EQAO 2024-2025
Al-Falah
Independent · Al-Falah S
9.7/10
29th of 3,045 Ontario elementary schools
25 students
École élémentaire Patricia-Picknell
Public · French · Grades JK–6 · Conseil scolaire Viamonde
9.6/107.6 over 5 yrs
35th of 3,045 Ontario elementary schools
105 students · EQAO 2024-2025
Abbey Park High School
Public · Grades 9–12 · Halton DSB
9.3/108.8 over 5 yrs
8th of 742 Ontario secondary schools
1,290 students · EQAO 2024-2025
Iroquois Ridge High School
Public · Grades 9–12 · Halton DSB
9.3/109.0 over 5 yrs
8th of 742 Ontario secondary schools
1,585 students · EQAO 2024-2025

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

213,759

Population (2021)

138.9 km²

Area

1,539

People per km²

42.7

Median age

$143,598

Median income

78%

Own their home

People per household

73,520

Households

Every age

Children (under 15)18.0%
Working age (15–64)66.3%
Seniors (65+)15.7%

What is built here

Detached houses58.7%
Semi-detached4.5%
Townhouses16.9%
Duplexes1.3%
Low-rise apartments6.3%
High-rise apartments12.1%

Own or rent

78%Owners

22%Renters

Across 73,520 households

When it was built

1960 or earlier8%
1961–198019%
1981–199018%
1991–200016%
2001–200511%
2006–20109%
2011–20157%
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.

41.2%
Born outside Canada: 47.9%
Hold a degree or higher: 57.8%
Employment rate: 6.4%
Commute by transit: 85.1%
Commute by car: 1.8
Children per family: $118,332
Median income after tax: $190,237
Average household income: 8.7%
Living on a low income: $2,336/mo
Renters pay, per month: $2,111/mo
Owners pay, per month: $1,312,572
Median home value at census: 35.2%
Renters spending 30%+ of income on housing: 20.3%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 312 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, Photo: © Wikimedia Commons contributors (CC BY-SA)

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

What Condos Rent For in Oakville

2,079 condos were leased in Oakville over the 12 months to September 2026. Half leased above $2,286 and half below, 1.2% lower than the 12 months before. A typical condo found its tenant in 20 days.

Median rent: $2,286; -1.2% year over year
Days to lease: 20; 1 day slower
Leases closed: 2,079; last 12 months
Rent per square foot: $3.45/mo; from 2,033 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.

$3,075$2,714$2,354$1,994

Oct ’23Oct ’24Sep ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$3,000/mo

on a $3,000 asking rent — right at the asking rent

−10%Asking rent+10%

Of the asking rent: 100.0%
Leased over asking: 7.1%

From 2,079 leases that closed here in the last 12 months.

Rent or buy in Oakville

19.2 years

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

Median sold price

$527,384

390 sales

Median rent

$2,286/mo

2,079 leases

Gross rental yield

5.2%

before costs

Both figures come from deals that actually closed in Oakville 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 — Oakville, rentals

Monthly closed leases in Oakville
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	154	$2,300	$2,196 – $2,700	19	100.0%
Aug 2026	186	$2,350	$2,150 – $2,769	16	100.0%
Jul 2026	209	$2,300	$2,150 – $2,725	16	100.0%
Jun 2026	174	$2,300	$2,100 – $2,694	15	100.0%
May 2026	185	$2,300	$2,125 – $2,650	19	100.0%
Apr 2026	180	$2,200	$2,069 – $2,500	22	100.0%
Mar 2026	202	$2,287	$2,099 – $2,550	22	100.0%
Feb 2026	141	$2,250	$2,100 – $2,550	26	100.0%
Jan 2026	163	$2,250	$2,100 – $2,600	27	100.0%
Dec 2025	150	$2,238	$2,100 – $2,600	29	100.0%
Nov 2025	155	$2,350	$2,150 – $2,700	20	100.0%
Oct 2025	180	$2,300	$2,150 – $2,656	15	100.0%
Sep 2025	203	$2,300	$2,200 – $2,700	13	100.0%
Aug 2025	277	$2,300	$2,100 – $2,650	15	100.0%
Jul 2025	270	$2,300	$2,100 – $2,700	17	100.0%
Jun 2025	248	$2,300	$2,100 – $2,700	18	100.0%
May 2025	275	$2,275	$2,150 – $2,600	21	100.0%
Apr 2025	268	$2,250	$2,100 – $2,500	21	100.0%
Mar 2025	239	$2,300	$2,100 – $2,525	21	100.0%
Feb 2025	131	$2,350	$2,200 – $2,600	21	100.0%
Jan 2025	160	$2,338	$2,200 – $2,750	27	100.0%
Dec 2024	123	$2,300	$2,200 – $2,600	24	100.0%
Nov 2024	101	$2,495	$2,300 – $2,800	17	100.0%
Oct 2024	108	$2,500	$2,350 – $2,850	17	100.0%
Sep 2024	101	$2,600	$2,375 – $3,000	20	100.0%
Aug 2024	235	$2,550	$2,350 – $2,900	27	100.0%
Jul 2024	213	$2,525	$2,400 – $2,950	26	100.0%
Jun 2024	211	$2,499	$2,300 – $2,800	29	100.0%
May 2024	192	$2,450	$2,300 – $2,700	36	100.0%
Apr 2024	190	$2,470	$2,293 – $2,700	38	100.0%
Mar 2024	134	$2,400	$2,185 – $2,684	37	100.0%
Feb 2024	94	$2,325	$2,200 – $2,569	29	100.0%
Jan 2024	59	$2,500	$2,250 – $2,700	32	100.0%
Dec 2023	57	$2,495	$2,250 – $2,850	22	100.0%
Nov 2023	45	$2,550	$2,450 – $2,800	10	100.0%
Oct 2023	52	$2,625	$2,500 – $3,000	9	100.0%

What people ask about Oakville

How much is rent for a condo in Oakville?

The median condo lease in Oakville closed at $2,286 a month over the 12 months to September 2026, across 2,079 leases.

Compiled by HOMEH from leases reported closed in Oakville 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.

Questions, answered

Common questions about condos for rent in Oakville

How much is a condo to rent in Oakville?

The median rent of the 130 condos for rent in Oakville is $2,425/mo. By size, the median is $2,150/mo for 1 bedroom and $2,650/mo for 2 bedrooms.

All rentals in Oakville

Are there furnished condos for rent in Oakville?

Yes. 10 of the 130 condos for rent in Oakville are listed furnished.

All rentals in Oakville

Keep looking

More Rentals in Oakville

440 homes are for rent in Oakville. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.