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City in Ontario

Townhouses for rent in Oakville

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

There are 93 townhouses for rent in Oakville today, with a median rent of $3,500/mo (+17% vs. all rentals in Oakville). The most active neighbourhoods are Glenorchy, Joshua Meadows and River Oaks.

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 Townhouse 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

$1,449,839

102% above Ontario

In Oakville

$1,449,839

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

≈ 40.3 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

1,038

Median $1,449,839

Houses 757 · Condos 280

For rent

449

Median $3,000

Houses 283 · Condos 166

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 2026-10-19.

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 Townhouses only Through September 2026 Deep sales history

What townhouses in Oakville actually rent for

1,285 townhouses were leased in Oakville over the 12 months to September 2026. Half leased above $3,371 and half below, 0.5% lower than the 12 months before. A typical townhouse found its tenant in 18 days — 2 days quicker than a year ago.

Median rent: $3,371; -0.5% year over year
Days to lease: 18; 2 days quicker
Leases closed: 1,285; last 12 months
Rent per square foot: $2.14/mo; from 1,279 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 townhouse here differs from the next.

$4,120$3,540$2,960$2,380

Oct ’23Oct ’24Sep ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$2,995/mo

on a $3,000 asking rent — under ask by $5

−10%Asking rent+10%

Of the asking rent: 99.8%
Leased over asking: 13.9%

From 1,285 leases that closed here in the last 12 months.

Rent or buy in Oakville

22.5 years

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

Median sold price

$910,640

627 sales

Median rent

$3,371/mo

1,285 leases

Gross rental yield

4.44%

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 townhouses behind it, and what each kind costs.

1,285leases

Freehold town$3,56775.6%
Condo town$2,76324.4%

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	72	$3,436	$2,600 – $3,950	14	100.0%
Aug 2026	139	$3,522	$2,725 – $4,000	12	100.0%
Jul 2026	131	$3,468	$2,600 – $3,900	12	100.0%
Jun 2026	141	$3,446	$2,619 – $3,800	10	100.0%
May 2026	122	$3,320	$2,600 – $3,760	14	100.0%
Apr 2026	118	$3,297	$2,550 – $3,650	19	100.0%
Mar 2026	114	$3,232	$2,500 – $3,700	19	98.8%
Feb 2026	84	$3,231	$2,588 – $3,600	19	100.0%
Jan 2026	83	$3,323	$2,600 – $3,688	30	100.0%
Dec 2025	86	$3,329	$2,700 – $3,700	27	99.2%
Nov 2025	92	$3,410	$2,750 – $3,750	21	100.0%
Oct 2025	103	$3,344	$2,673 – $3,800	21	100.0%
Sep 2025	98	$3,440	$2,750 – $3,800	16	100.0%
Aug 2025	131	$3,435	$2,775 – $3,850	16	100.0%
Jul 2025	174	$3,443	$2,725 – $3,800	16	100.0%
Jun 2025	137	$3,442	$2,700 – $3,850	12	100.0%
May 2025	167	$3,347	$2,600 – $3,785	16	100.0%
Apr 2025	143	$3,307	$2,613 – $3,700	23	99.9%
Mar 2025	111	$3,374	$2,600 – $3,700	22	100.0%
Feb 2025	98	$3,336	$2,650 – $3,600	24	100.0%
Jan 2025	83	$3,367	$2,750 – $3,700	29	100.0%
Dec 2024	88	$3,388	$2,700 – $3,700	21	100.0%
Nov 2024	86	$3,388	$2,700 – $3,800	22	100.0%
Oct 2024	97	$3,383	$2,788 – $3,800	18	100.0%
Sep 2024	112	$3,531	$2,875 – $3,850	21	100.0%
Aug 2024	194	$3,523	$2,850 – $3,900	27	100.0%
Jul 2024	185	$3,481	$2,879 – $3,900	27	100.0%
Jun 2024	119	$3,484	$2,800 – $3,900	43	100.0%
May 2024	86	$3,364	$2,775 – $3,850	35	100.0%
Apr 2024	74	$3,321	$2,775 – $3,800	35	100.0%
Mar 2024	47	$3,284	$2,663 – $3,800	26	100.0%
Feb 2024	13	$2,950	$2,750 – $3,100	28	100.0%
Jan 2024	7	$2,800	$2,788 – $3,200	55	100.0%
Dec 2023	8	$2,850	$2,738 – $3,025	33	100.0%
Nov 2023	12	$2,875	$2,813 – $3,250	16	100.0%
Oct 2023	14	$3,150	$2,972 – $3,375	9	100.0%

What people ask about Oakville

How much is rent for a townhouse in Oakville?

The median townhouse lease in Oakville closed at $3,371 a month over the 12 months to September 2026, across 1,285 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 townhouse. Not an appraisal or an opinion of value.

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More Rentals in Oakville

449 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.

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