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July 2026 · Oakville
Average Rent in Oakville — July 2026
460 confirmed residential leases in Oakville in July 2026. Average rent $3,309/month. Mixed conditions across property types.
Avg Lease Price $3,309/mo
Median Lease $2,900/mo
Avg Asking $3,326/mo
Lease / Ask 99.5%
Leased Over Asking 14.3%
Avg DOM 19 days
Previous Months
Total Leased
460
all residential
Avg Lease Price
$3,309
per month
Median Lease
$2,900
mid-point
Lease / Ask
99.5%
avg ratio
Over Asking
14.3%
of all leases
Avg DOM
19
days on market
Lease Prices by Property Type
Oakville · July 2026
💰 Lease Price Summary
Average Lease $3,309/mo
Median Lease $2,900/mo
Avg Asking Rent $3,326/mo
Lowest Lease $1,200
Highest Lease $12,500
Lease / Ask Ratio 99.5%
📊 Market Activity
Leased over asking 14.3%
Leased at asking 59.8%
Leased under asking 25.9%
Avg Days on Market 19 days
Fast · 050Slow · 100+
⚖️ Balanced — 14.3% over vs 25.9% under asking.
💰 Lease Price Summary
Average Lease $2,584/mo
Median Lease $2,450/mo
Avg Asking Rent $2,602/mo
Lowest Lease $1,690
Highest Lease $9,250
Lease / Ask Ratio 99.3%
📊 Market Activity
Leased over asking 8.0%
Leased at asking 63.0%
Leased under asking 29.0%
Avg Days on Market 19 days
Fast · 050Slow · 100+
⚖️ Balanced — 8% over vs 29% under asking.
💰 Lease Price Summary
Average Lease $4,491/mo
Median Lease $4,500/mo
Avg Asking Rent $4,519/mo
Lowest Lease $1,200
Highest Lease $12,500
Lease / Ask Ratio 99.4%
📊 Market Activity
Leased over asking 21.6%
Leased at asking 54.3%
Leased under asking 24.1%
Avg Days on Market 23 days
Fast · 050Slow · 100+
⚖️ Balanced — 21.6% over vs 24.1% under asking.
💰 Lease Price Summary
Average Lease $3,577/mo
Median Lease $3,500/mo
Avg Asking Rent $3,581/mo
Lowest Lease $2,500
Highest Lease $9,250
Lease / Ask Ratio 99.9%
📊 Market Activity
Leased over asking 18.0%
Leased at asking 60.2%
Leased under asking 21.8%
Avg Days on Market 17 days
Fast · 050Slow · 100+
⚖️ Balanced — 18% over vs 21.8% under asking.
💰 Lease Price Summary
Average Lease $2,088/mo
Median Lease $2,100/mo
Avg Asking Rent $2,038/mo
Lowest Lease $1,550
Highest Lease $2,600
Lease / Ask Ratio 102.5%
📊 Market Activity
Leased over asking 50.0%
Leased at asking 50.0%
Leased under asking 0.0%
Avg Days on Market 26 days
Fast · 050Slow · 100+
🔥 High demand — 50% leased above asking at a 102.45% lease-to-ask ratio.
Nearby Cities · July 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Mississauga | $2,722 | $2,600 | 99.6% | 21d | ⚖️ Balanced |
| Burlington | $2,658 | $2,425 | 99.0% | 28d | ⚖️ Balanced |
| Milton | $2,756 | $2,800 | 100.0% | 23d | ⚖️ Balanced |
| Toronto | $2,771 | $2,500 | 99.7% | 22d | ⚖️ Balanced |
| Halton Hills | $2,766 | $2,650 | 98.0% | 25d | ⚖️ Balanced |
Frequently Asked Questions
Oakville · July 2026
The average confirmed lease in Oakville was $3,309/month in July 2026,
based on 460 MLS® transactions. The median was
$2,900/month.
Condos averaged $2,584/mo, freehold averaged $4,491/mo, and townhouses averaged $3,577/mo.
Units in Oakville took an average of 19 days to lease in July 2026.
Freehold rentals averaged 23 days while condos averaged 19 days.
In July 2026, condos averaged $2,584/month while freehold rentals averaged $4,491/month —
a difference of $1,907/month.
Oakville averaged $3,309/month in July 2026. Toronto averaged $2,771/mo. See the full July 2026 Ontario lease summary →
Looking to rent in Oakville?
Browse available rentals or connect with a local agent who knows the rental market.
Data note: Based on MLS® confirmed lease transaction data held in our system for Oakville, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
