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April 2026 · Oakville
Average Rent in Oakville — April 2026
382 confirmed residential leases in Oakville in April 2026. Average rent $2,971/month. Mixed conditions across property types.
Avg Lease Price $2,971/mo
Median Lease $2,625/mo
Avg Asking $3,016/mo
Lease / Ask 98.5%
Leased Over Asking 7.9%
Avg DOM 51 days
Previous Months
Total Leased
382
all residential
Avg Lease Price
$2,971
per month
Median Lease
$2,625
mid-point
Lease / Ask
98.5%
avg ratio
Over Asking
7.9%
of all leases
Avg DOM
51
days on market
Lease Prices by Property Type
Oakville · April 2026
💰 Lease Price Summary
Average Lease $2,971/mo
Median Lease $2,625/mo
Avg Asking Rent $3,016/mo
Lowest Lease $1,100
Highest Lease $15,000
Lease / Ask Ratio 98.5%
📊 Market Activity
Leased over asking 7.9%
Leased at asking 50.3%
Leased under asking 41.9%
Avg Days on Market 51 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.9% over vs 41.9% under asking.
💰 Lease Price Summary
Average Lease $2,402/mo
Median Lease $2,300/mo
Avg Asking Rent $2,431/mo
Lowest Lease $1,900
Highest Lease $5,500
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 4.3%
Leased at asking 57.9%
Leased under asking 37.8%
Avg Days on Market 47 days
Fast · 050Slow · 100+
⚖️ Balanced — 4.3% over vs 37.8% under asking.
💰 Lease Price Summary
Average Lease $4,315/mo
Median Lease $4,100/mo
Avg Asking Rent $4,417/mo
Lowest Lease $1,300
Highest Lease $15,000
Lease / Ask Ratio 97.7%
📊 Market Activity
Leased over asking 10.8%
Leased at asking 36.5%
Leased under asking 52.7%
Avg Days on Market 68 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 52.7% leased below asking. Avg 68 days on market.
💰 Lease Price Summary
Average Lease $3,270/mo
Median Lease $3,300/mo
Avg Asking Rent $3,313/mo
Lowest Lease $2,400
Highest Lease $4,575
Lease / Ask Ratio 98.7%
📊 Market Activity
Leased over asking 14.0%
Leased at asking 40.0%
Leased under asking 46.0%
Avg Days on Market 45 days
Fast · 050Slow · 100+
⚖️ Balanced — 14% over vs 46% under asking.
💰 Lease Price Summary
Average Lease $2,550/mo
Median Lease $2,225/mo
Avg Asking Rent $2,569/mo
Lowest Lease $1,100
Highest Lease $3,700
Lease / Ask Ratio 99.3%
📊 Market Activity
Leased over asking 10.0%
Leased at asking 60.0%
Leased under asking 30.0%
Avg Days on Market 38 days
Fast · 050Slow · 100+
⚖️ Balanced — 10% over vs 30% under asking.
Nearby Cities · April 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Mississauga | $2,566 | $2,500 | 98.9% | 45d | ⚖️ Balanced |
| Burlington | $2,931 | $2,800 | 98.9% | 54d | ⚖️ Balanced |
| Milton | $2,617 | $2,625 | 99.1% | 46d | ⚖️ Balanced |
| Toronto | $2,646 | $2,450 | 99.1% | 49d | ⚖️ Balanced |
| Halton Hills | $2,531 | $2,175 | 99.3% | 46d | ⚖️ Balanced |
Frequently Asked Questions
Oakville · April 2026
The average confirmed lease in Oakville was $2,971/month in April 2026,
based on 382 MLS® transactions. The median was
$2,625/month.
Condos averaged $2,402/mo, freehold averaged $4,315/mo, and townhouses averaged $3,270/mo.
Units in Oakville took an average of 51 days to lease in April 2026.
Freehold rentals averaged 68 days while condos averaged 47 days.
In April 2026, condos averaged $2,402/month while freehold rentals averaged $4,315/month —
a difference of $1,913/month.
Oakville averaged $2,971/month in April 2026. Burlington averaged $2,931/mo. See the full April 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.
