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August 2025 · Oakville
Average Rent in Oakville — August 2025
685 confirmed residential leases in Oakville in August 2025. Average rent $3,309/month. Mixed conditions across property types.
Avg Lease Price $3,309/mo
Median Lease $3,000/mo
Avg Asking $3,336/mo
Lease / Ask 99.2%
Leased Over Asking 10.5%
Avg DOM 41 days
Total Leased
685
all residential
Avg Lease Price
$3,309
per month
Median Lease
$3,000
mid-point
Lease / Ask
99.2%
avg ratio
Over Asking
10.5%
of all leases
Avg DOM
41
days on market
Lease Prices by Property Type
Oakville · August 2025
💰 Lease Price Summary
Average Lease $3,309/mo
Median Lease $3,000/mo
Avg Asking Rent $3,336/mo
Lowest Lease $1,050
Highest Lease $14,000
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 10.5%
Leased at asking 59.3%
Leased under asking 30.2%
Avg Days on Market 41 days
Fast · 050Slow · 100+
⚖️ Balanced — 10.5% over vs 30.2% under asking.
💰 Lease Price Summary
Average Lease $2,590/mo
Median Lease $2,400/mo
Avg Asking Rent $2,610/mo
Lowest Lease $1,850
Highest Lease $10,500
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 8.5%
Leased at asking 65.2%
Leased under asking 26.3%
Avg Days on Market 38 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.5% over vs 26.3% under asking.
💰 Lease Price Summary
Average Lease $4,663/mo
Median Lease $4,450/mo
Avg Asking Rent $4,713/mo
Lowest Lease $1,050
Highest Lease $14,000
Lease / Ask Ratio 98.9%
📊 Market Activity
Leased over asking 12.3%
Leased at asking 49.4%
Leased under asking 38.3%
Avg Days on Market 48 days
Fast · 050Slow · 100+
⚖️ Balanced — 12.3% over vs 38.3% under asking.
💰 Lease Price Summary
Average Lease $3,567/mo
Median Lease $3,590/mo
Avg Asking Rent $3,588/mo
Lowest Lease $2,600
Highest Lease $7,000
Lease / Ask Ratio 99.4%
📊 Market Activity
Leased over asking 11.5%
Leased at asking 58.1%
Leased under asking 30.4%
Avg Days on Market 41 days
Fast · 050Slow · 100+
⚖️ Balanced — 11.5% over vs 30.4% under asking.
💰 Lease Price Summary
Average Lease $2,179/mo
Median Lease $2,083/mo
Avg Asking Rent $2,173/mo
Lowest Lease $1,800
Highest Lease $3,100
Lease / Ask Ratio 100.3%
📊 Market Activity
Leased over asking 37.5%
Leased at asking 25.0%
Leased under asking 37.5%
Avg Days on Market 65 days
Fast · 050Slow · 100+
⚖️ Balanced — 37.5% over vs 37.5% under asking.
Nearby Cities · August 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Mississauga | $2,769 | $2,650 | 99.3% | 42d | ⚖️ Balanced |
| Burlington | $3,249 | $3,150 | 99.3% | 49d | ⚖️ Balanced |
| Milton | $2,924 | $3,000 | 99.7% | 40d | ⚖️ Balanced |
| Toronto | $2,833 | $2,590 | 99.6% | 43d | ⚖️ Balanced |
| Halton Hills | $2,918 | $2,900 | 98.3% | 43d | ⚖️ Balanced |
Frequently Asked Questions
Oakville · August 2025
The average confirmed lease in Oakville was $3,309/month in August 2025,
based on 685 MLS® transactions. The median was
$3,000/month.
Condos averaged $2,590/mo, freehold averaged $4,663/mo, and townhouses averaged $3,567/mo.
Units in Oakville took an average of 41 days to lease in August 2025.
Freehold rentals averaged 48 days while condos averaged 38 days.
In August 2025, condos averaged $2,590/month while freehold rentals averaged $4,663/month —
a difference of $2,073/month.
Oakville averaged $3,309/month in August 2025. Burlington averaged $3,249/mo. See the full August 2025 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.
