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Neighbourhood in Oakville

Homes for rent in River Oaks

family-friendly suburban community-focused

River Oaks is a peaceful neighbourhood in Oakville. It offers a mix of residential homes and condos, making it suitable for families and individuals.

Good schools with an average rating of 7.7 Many parks and playgrounds for outdoor activities Diverse community with a high immigrant population Close to grocery stores and restaurants Family-friendly environment

At a glance

Photo of Unit 815, 2489 Taunton Road

Unit 815, 2489 Taunton Road

Oakville (River Oaks)

For RentNew Listing
Listed for:

Listed today

$2,400monthly
  • 1+1Bedrooms
  • 1Bathroom
  • 1Parking
  • 600~699Sq.Ft.

Condo ApartmentFor Rent

Photo of Unit 110, 2199 Sixth Line

Unit 110, 2199 Sixth Line

Oakville (River Oaks)

For RentNew Listing
Listed for:

Listed 2 days ago

$3,100monthly
  • 2Bedrooms
  • 2Bathrooms
  • 1Parking
  • 1K~1.2KSq.Ft.

Condo ApartmentFor Rent

Photo of Unit 605, 2481 Taunton Road

Unit 605, 2481 Taunton Road

Oakville (River Oaks)

For RentNew Listing
Listed for:

Listed 3 days ago

$1,500monthly
  • 2Bedrooms
  • 2Bathrooms
  • 1Parking
  • 800~899Sq.Ft.

Condo ApartmentFor Rent

Photo of Unit 909, 2325 Central Park Drive

Unit 909, 2325 Central Park Drive

Oakville (River Oaks)

For RentNew Listing
Listed for:

Listed 3 days ago

$2,750monthly
  • 2Bedrooms
  • 2Bathrooms
  • 1Parking
  • 800~899Sq.Ft.

Condo ApartmentFor Rent

Photo of Unit 28, 2468 Post Road

Unit 28, 2468 Post Road

Oakville (River Oaks)

For RentNew Listing
Listed for:

Listed 5 days ago

$2,600monthly
  • 2Bedrooms
  • 2Bathrooms
  • 1Parking
  • 900~999Sq.Ft.

Condo TownhouseFor Rent

Photo of Unit 407, 2481 Taunton Road

Unit 407, 2481 Taunton Road

Oakville (River Oaks)

For RentNew Listing
Listed for:

Listed 5 days ago

$2,490monthly
  • 1+1Bedrooms
  • 2Bathrooms
  • 1Parking
  • 700~799Sq.Ft.

Condo ApartmentFor Rent

Day to dayLivability

7.7

Schools near listings

out of 10 · averaged over 255 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

$855,000

41% below Oakville 20% above Ontario

In River Oaks

$855,000

In Oakville

$1,437,889

In Ontario

$709,900

Median monthly rent

$2,800/mo

12% below Oakville 12% above Ontario

In River Oaks

$2,800

In Oakville

$3,200

In Ontario

$2,500

≈ 25.4 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

78

Median $855,000

Houses 45 · Condos 33

For rent

24

Median $2,800

Condos 17 · Houses 7

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-25. 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

  • Strong community feel with many families
  • High median income of $143,531
  • Low unemployment rate at 11.1%
  • Good access to parks and recreational facilities

Keep in mind

  • Housing prices are above the city median
  • Limited public transit options available

The feel of the placeLifestyle

Residents enjoy a suburban lifestyle with access to parks and schools. The community is quiet and family-oriented.

Great for families first-time buyers 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 2026-10-26.

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 Through September 2026 Deep sales history

What homes in River Oaks actually rent for

508 homes were leased in River Oaks over the 12 months to September 2026. Half leased above $2,648 and half below, 2.3% lower than the 12 months before. A typical home found its tenant in 23 days.

Median rent
$2,648
-2.3% year over year
Days to lease
23
1 day quicker
Leases closed
508
last 12 months
Rent per square foot
$2.90/mo
from 496 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.

$3,974$3,254$2,534$1,814
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
9.8%

From 508 leases that closed here in the last 12 months.

Rent or buy in River Oaks

32.1 years

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

Median sold price

$1,020,094

305 sales

Median rent

$2,648/mo

508 leases

Gross rental yield

3.12%

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.

What actually rents in River Oaks

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

508leases
  • Condo apartment$2,37544.9%
  • Condo town$2,62426.0%
  • Detached$4,1175.3%
  • Freehold town$3,5503.9%
  • Other kinds, too few of each —19.9%

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 — River Oaks, rentals
Monthly closed leases in River Oaks
MonthClosedMedianMiddle halfDays% of ask
Sep 202640$2,881$2,150 – $3,3502199.9%
Aug 202647$2,618$2,300 – $3,03813100.0%
Jul 202656$2,739$2,400 – $3,82517100.0%
Jun 202652$2,617$2,258 – $3,33115100.0%
May 202651$2,594$2,213 – $2,90023100.0%
Apr 202656$2,500$2,238 – $2,92529100.0%
Mar 202650$2,575$2,325 – $3,13817100.0%
Feb 202627$2,600$2,350 – $3,50025100.0%
Jan 202630$2,807$2,500 – $3,45037100.0%
Dec 202542$2,675$1,963 – $3,03839100.0%
Nov 202524$2,575$2,338 – $3,03123100.0%
Oct 202533$2,658$2,200 – $3,30023100.0%
Sep 202527$2,700$2,425 – $3,28319100.0%
Aug 202555$2,618$2,208 – $2,93823100.0%
Jul 202555$2,785$2,300 – $3,00020100.0%
Jun 202563$2,700$2,300 – $3,20020100.0%
May 202547$2,638$2,281 – $3,2502399.9%
Apr 202542$2,600$2,213 – $2,90038100.0%
Mar 202531$2,626$2,450 – $3,4002698.9%
Feb 202533$2,809$2,650 – $3,19429100.0%
Jan 202526$2,650$2,304 – $2,8002298.3%
Dec 202420$2,750$2,588 – $3,32524100.0%
Nov 202424$2,900$2,600 – $3,46323100.0%
Oct 202434$2,870$2,750 – $3,60024100.0%
Sep 202429$2,900$2,600 – $3,10020100.0%
Aug 202474$2,888$2,450 – $3,21327100.0%
Jul 202470$2,900$2,700 – $3,13827100.0%
Jun 202450$2,802$2,450 – $3,40034100.0%
May 202446$2,625$2,413 – $2,90035100.0%
Apr 202439$2,440$2,300 – $2,80037100.0%
Mar 202432$2,650$2,388 – $2,87547100.0%
Feb 202411$2,800$2,600 – $3,37528100.0%
Jan 202415$2,775$2,475 – $2,90039100.0%
Dec 202310$2,788$2,388 – $3,51712100.0%
Nov 202315$2,800$2,600 – $3,60015100.0%
Oct 20237$3,129$2,550 – $3,48810100.0%

What people ask about River Oaks

How much does a home cost in River Oaks?

Homes in River Oaks sold for a median of $1,020,094 over the 12 months to September 2026, across 305 closed sales — half sold for more and half for less. That is 10.3% higher than the 12 months before it.

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

A home in River Oaks took a median of 29 days on the market over the 12 months to September 2026. Homes there closed at 96.9% of the asking price on average, with 12.5% selling over asking.

How much is rent in River Oaks?

The median lease in River Oaks closed at $2,648 a month over the 12 months to September 2026, across 508 leases.

Is it cheaper to rent or buy in River Oaks?

A home in River Oaks costs about 32.1 years of the rent on one — the median price of $1,020,094 against a median rent of $2,648 a month, a gross yield of 3.12%. The shorter that number, the closer buying is to renting before financing costs.

What kind of homes sell in River Oaks?

Over the 12 months to September 2026 the mix in River Oaks was detached (31.8% of sales, median $1,490,345), condo apartment (16.1% of sales, median $504,641) and condo town (9.8% of sales, median $670,417).

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 home. Not an appraisal or an opinion of value.

Condos in River Oaks

A condo here is 3.0× cheaper than detached houses

Half the condo apartments that changed hands in River Oaks over the 12 months to September 2026 sold above $504,641. The neighbourhood's median across every kind of home was $1,020,094 — one number, two markets.

Condo apartment$504,641
Detached$1,490,345

Median closed prices over the 12 months to September 2026, from 305 sales in River Oaks. Medians describe the group, never one home.

Median condo sold price
$505K
49 closed sales
Median condo rent
$2,375/mo
228 leases
Days to sell
44
median, condo apartments
Share of all sales
16%
of everything that closed here

Condo townhouses are a separate market again: 30 closed here at a median of $670,417.