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City in Ontario

Apartments & homes for rent in Oakville

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

There are 425 rentals in Oakville, Ontario, with a median rent of $3,100/mo. 76 are 1-bedroom apartments and units and 136 have 2 bedrooms.

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 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

$1,450,000

102% above Ontario

In Oakville

$1,450,000

In Ontario

$716,900

Median monthly rent

$3,100/mo

24% above Ontario

In Oakville

$3,100

In Ontario

$2,499

$854

Per square foot

≈ 39 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

1,023

Median $1,450,000

Houses 750 · Condos 272

For rent

425

Median $3,100

Houses 268 · Condos 157

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 2026-10-26.

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 Through September 2026 Deep sales history

What Rent Costs in Oakville

4,634 homes were leased in Oakville over the 12 months to September 2026. Half leased above $2,856 and half below, 0.3% lower than the 12 months before. A typical home found its tenant in 20 days.

Median rent: $2,856; -0.3% year over year
Days to lease: 20; Unchanged
Leases closed: 4,634; last 12 months
Rent per square foot: $2.80/mo; from 4,525 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.

$4,148$3,433$2,717$2,002

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: 10.4%

From 4,634 leases that closed here in the last 12 months.

Rent or buy in Oakville

36.3 years

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

Median sold price

$1,244,611

2,546 sales

Median rent

$2,856/mo

4,634 leases

Gross rental yield

2.75%

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.

What actually rents in Oakville

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

4,634leases

Condo apartment$2,28644.9%
Freehold town$3,56721.0%
Detached$4,35520.7%
Condo town$2,7636.8%
Other kinds of home$2,2633.4%
Semi-detached$3,6231.8%
Multiplex$2,7020.4%
Other kinds, too few of each —1.0%

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	319	$2,800	$2,250 – $3,700	17	100.0%
Aug 2026	443	$2,900	$2,300 – $3,800	15	100.0%
Jul 2026	478	$2,900	$2,300 – $3,838	15	100.0%
Jun 2026	451	$3,200	$2,350 – $3,900	14	100.0%
May 2026	432	$3,000	$2,300 – $3,800	16	100.0%
Apr 2026	422	$2,758	$2,200 – $3,600	22	100.0%
Mar 2026	418	$2,685	$2,200 – $3,538	22	100.0%
Feb 2026	309	$2,650	$2,200 – $3,450	26	100.0%
Jan 2026	354	$2,800	$2,231 – $3,600	29	100.0%
Dec 2025	306	$2,700	$2,150 – $3,538	29	100.0%
Nov 2025	331	$2,900	$2,300 – $3,625	22	100.0%
Oct 2025	371	$2,825	$2,250 – $3,650	19	100.0%
Sep 2025	402	$2,825	$2,300 – $3,700	15	100.0%
Aug 2025	538	$2,750	$2,200 – $3,650	18	100.0%
Jul 2025	610	$3,000	$2,260 – $3,800	18	100.0%
Jun 2025	525	$2,850	$2,250 – $3,750	18	100.0%
May 2025	576	$2,800	$2,250 – $3,647	20	100.0%
Apr 2025	520	$2,700	$2,200 – $3,500	22	100.0%
Mar 2025	456	$2,700	$2,250 – $3,600	24	100.0%
Feb 2025	302	$2,900	$2,350 – $3,600	23	100.0%
Jan 2025	304	$2,800	$2,250 – $3,502	28	100.0%
Dec 2024	282	$2,997	$2,300 – $3,700	26	100.0%
Nov 2024	285	$3,100	$2,500 – $3,800	20	100.0%
Oct 2024	297	$3,200	$2,500 – $3,900	19	100.0%
Sep 2024	308	$3,390	$2,650 – $3,956	22	100.0%
Aug 2024	622	$3,275	$2,583 – $4,000	28	100.0%
Jul 2024	551	$3,200	$2,600 – $3,950	28	100.0%
Jun 2024	435	$2,950	$2,404 – $3,750	34	100.0%
May 2024	367	$2,800	$2,400 – $3,650	36	100.0%
Apr 2024	352	$2,750	$2,350 – $3,600	37	100.0%
Mar 2024	264	$2,700	$2,319 – $3,650	38	100.0%
Feb 2024	236	$2,900	$2,300 – $3,750	30	100.0%
Jan 2024	247	$3,050	$2,500 – $3,900	31	100.0%
Dec 2023	207	$2,900	$2,425 – $3,600	22	100.0%
Nov 2023	235	$3,300	$2,613 – $4,000	17	100.0%
Oct 2023	228	$3,200	$2,638 – $4,000	14	100.0%

What people ask about Oakville

How much is rent in Oakville?

The median lease in Oakville closed at $2,856 a month over the 12 months to September 2026, across 4,634 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 home. Not an appraisal or an opinion of value.

Questions, answered

Common questions about apartments & homes for rent in Oakville

What is the average rent in Oakville?

The median rent of the 425 rentals in Oakville is $3,100/mo, from $900 to $25,000 a month.

Houses for rent in Oakville

How much is a 1-bedroom apartment in Oakville?

76 1-bedroom rentals are listed in Oakville, with a median rent of $2,099/mo.

Condos for rent in Oakville

How much is a 2-bedroom apartment in Oakville?

136 2-bedroom rentals are listed in Oakville, with a median rent of $2,500/mo.

Condos for rent in Oakville

Keep looking

More Apartments & Homes for Rent in Oakville

425 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.