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City in Ontario
Townhouses for rent in Oakville
There are 82 townhouses for rent in Oakville today, with a median rent of $3,590/mo (+16% vs. all rentals in Oakville). The most active neighbourhoods are Glenorchy, Joshua Meadows and Westmount.
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
© Wikimedia Commons contributors (CC BY-SA)
At a glance
Oakville Townhouse Rentals
3085 Welsman Gardens
Oakville (Joshua Meadows)
Listed Sep 12, 2026
- 4+1Bedrooms
- 4Bathrooms
- 2Garage
- 2K~2.5KSq.Ft.
Freehold TownhouseFor Rent
Unit Bsmnt, 1334 Kobzar Drive
Oakville (Northwest)
Listed Sep 11, 2026
- 1Bedroom
- 1Bathroom
- 0Garage
- <700Sq.Ft.
Freehold TownhouseFor Rent
Unit Lower, 2483 Old Brompton Way
Oakville (Westmount)
Listed Sep 2, 2026
- 2Bedrooms
- 2Bathrooms
- 0Garage
- 700~1.1KSq.Ft.
Freehold TownhouseFor Rent
287 Rebecca Street
Oakville (West)
Listed Aug 20, 2026
- 4Bedrooms
- 4Bathrooms
- 3Garage
- 3K~3.5KSq.Ft.
Freehold TownhouseFor Rent
1329 Montclair Drive
Oakville (College Park)
Listed Aug 13, 2026
- 3Bedrooms
- 3Bathrooms
- 1Garage
- 1.1K~1.5KSq.Ft.
Freehold TownhouseFor Rent
Unit Bedroom B, 3272 Sixth Line
Oakville (Rural Oakville)
Listed Aug 13, 2026
- 1Bedroom
- 1Bathroom
- 0Garage
- 2K~2.5KSq.Ft.
Freehold TownhouseFor Rent
Unit Lower, 3117 River Rock Path
Oakville (Joshua Meadows)
Listed Aug 8, 2026
- 1Bedroom
- 1Bathroom
- 0Garage
- 1.5K~2KSq.Ft.
Freehold TownhouseFor Rent
Day to dayLivability
50
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
$1,449,950
In Oakville
$1,449,950
In Ontario
$716,900
Median monthly rent
$3,100/mo
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
1,025
Median $1,449,950
Houses 751 · Condos 273
For rent
425
Median $3,100
Houses 268 · Condos 157
Recently sold
Sign in to see sold data
Recently leased
Sign in to see leased data
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.
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
2
Transit stations
34
Grocery stores
159
Restaurants
70
Cafés
45
Gyms
7
Libraries
35
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
77
Elementary
21
Secondary
Alfajrul Bassem
Independent · n/a
10.0/101st 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 yrs1st of 3,045 Ontario elementary schools
715 students · EQAO 2024-2025
Al-Falah
Independent · Al-Falah S
9.7/1029th 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 yrs35th 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 yrs8th 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 yrs8th 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
3
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)
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.
What renters actually paid
$2,995/mo
on a $3,000 asking rent — under ask by $5
- 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.
- Freehold town$3,56775.6%
- Condo town$2,76324.4%
How fast it moves
Median days on market, month by month. Taller means slower.
Terracotta marks the last 12 months.
Every month behind these charts — Oakville, rentals
| 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.
More Rentals 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.