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February 2026 · Oakville
Average Rent in Oakville — February 2026
308 confirmed residential leases in Oakville in February 2026. Average rent $3,006/month. Mixed conditions across property types.
Avg Lease Price $3,006/mo
Median Lease $2,675/mo
Avg Asking $3,042/mo
Lease / Ask 98.8%
Leased Over Asking 6.2%
Avg DOM 53 days
Total Leased
308
all residential
Avg Lease Price
$3,006
per month
Median Lease
$2,675
mid-point
Lease / Ask
98.8%
avg ratio
Over Asking
6.2%
of all leases
Avg DOM
53
days on market
Lease Prices by Property Type
Oakville · February 2026
💰 Lease Price Summary
Average Lease $3,006/mo
Median Lease $2,675/mo
Avg Asking Rent $3,042/mo
Lowest Lease $850
Highest Lease $13,000
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 6.2%
Leased at asking 54.9%
Leased under asking 39.0%
Avg Days on Market 53 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.2% over vs 39% under asking.
💰 Lease Price Summary
Average Lease $2,431/mo
Median Lease $2,300/mo
Avg Asking Rent $2,469/mo
Lowest Lease $1,900
Highest Lease $8,000
Lease / Ask Ratio 98.5%
📊 Market Activity
Leased over asking 3.4%
Leased at asking 57.5%
Leased under asking 39.1%
Avg Days on Market 50 days
Fast · 050Slow · 100+
⚖️ Balanced — 3.4% over vs 39.1% under asking.
💰 Lease Price Summary
Average Lease $4,207/mo
Median Lease $4,000/mo
Avg Asking Rent $4,239/mo
Lowest Lease $950
Highest Lease $13,000
Lease / Ask Ratio 99.3%
📊 Market Activity
Leased over asking 12.3%
Leased at asking 41.5%
Leased under asking 46.2%
Avg Days on Market 61 days
Fast · 050Slow · 100+
⚖️ Balanced — 12.3% over vs 46.2% under asking.
💰 Lease Price Summary
Average Lease $3,312/mo
Median Lease $3,400/mo
Avg Asking Rent $3,352/mo
Lowest Lease $850
Highest Lease $5,300
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 8.2%
Leased at asking 57.5%
Leased under asking 34.2%
Avg Days on Market 56 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.2% over vs 34.2% under asking.
💰 Lease Price Summary
Average Lease $2,908/mo
Median Lease $3,000/mo
Avg Asking Rent $2,883/mo
Lowest Lease $1,700
Highest Lease $4,200
Lease / Ask Ratio 100.9%
📊 Market Activity
Leased over asking 16.7%
Leased at asking 66.7%
Leased under asking 16.7%
Avg Days on Market 24 days
Fast · 050Slow · 100+
⚖️ Balanced — 16.7% over vs 16.7% under asking.
Nearby Cities · February 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Mississauga | $2,546 | $2,450 | 99.0% | 46d | ⚖️ Balanced |
| Burlington | $2,913 | $2,850 | 98.7% | 59d | ⚖️ Balanced |
| Milton | $2,624 | $2,650 | 98.8% | 51d | ⚖️ Balanced |
| Toronto | $2,679 | $2,493 | 99.0% | 49d | ⚖️ Balanced |
| Halton Hills | $2,932 | $3,050 | 97.2% | 67d | ⚖️ Balanced |
Frequently Asked Questions
Oakville · February 2026
The average confirmed lease in Oakville was $3,006/month in February 2026,
based on 308 MLS® transactions. The median was
$2,675/month.
Condos averaged $2,431/mo, freehold averaged $4,207/mo, and townhouses averaged $3,312/mo.
Units in Oakville took an average of 53 days to lease in February 2026.
Freehold rentals averaged 61 days while condos averaged 50 days.
In February 2026, condos averaged $2,431/month while freehold rentals averaged $4,207/month —
a difference of $1,776/month.
Oakville averaged $3,006/month in February 2026. Halton Hills averaged $2,932/mo. See the full February 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.
