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January 2026 · Oakville
Average Rent in Oakville — January 2026
289 confirmed residential leases in Oakville in January 2026. Average rent $3,122/month. Mixed conditions across property types.
Avg Lease Price $3,122/mo
Median Lease $2,800/mo
Avg Asking $3,166/mo
Lease / Ask 98.6%
Leased Over Asking 9.3%
Avg DOM 52 days
Total Leased
289
all residential
Avg Lease Price
$3,122
per month
Median Lease
$2,800
mid-point
Lease / Ask
98.6%
avg ratio
Over Asking
9.3%
of all leases
Avg DOM
52
days on market
Lease Prices by Property Type
Oakville · January 2026
💰 Lease Price Summary
Average Lease $3,122/mo
Median Lease $2,800/mo
Avg Asking Rent $3,166/mo
Lowest Lease $1,400
Highest Lease $9,350
Lease / Ask Ratio 98.6%
📊 Market Activity
Leased over asking 9.3%
Leased at asking 46.0%
Leased under asking 44.6%
Avg Days on Market 52 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.3% over vs 44.6% under asking.
💰 Lease Price Summary
Average Lease $2,441/mo
Median Lease $2,330/mo
Avg Asking Rent $2,467/mo
Lowest Lease $1,800
Highest Lease $4,450
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 8.7%
Leased at asking 47.2%
Leased under asking 44.1%
Avg Days on Market 47 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.7% over vs 44.1% under asking.
💰 Lease Price Summary
Average Lease $4,403/mo
Median Lease $4,145/mo
Avg Asking Rent $4,488/mo
Lowest Lease $1,400
Highest Lease $9,350
Lease / Ask Ratio 98.1%
📊 Market Activity
Leased over asking 9.7%
Leased at asking 44.4%
Leased under asking 45.8%
Avg Days on Market 59 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.7% over vs 45.8% under asking.
💰 Lease Price Summary
Average Lease $3,344/mo
Median Lease $3,475/mo
Avg Asking Rent $3,390/mo
Lowest Lease $1,897
Highest Lease $4,500
Lease / Ask Ratio 98.7%
📊 Market Activity
Leased over asking 9.7%
Leased at asking 47.2%
Leased under asking 43.1%
Avg Days on Market 55 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.7% over vs 43.1% under asking.
💰 Lease Price Summary
Average Lease $2,725/mo
Median Lease $2,725/mo
Avg Asking Rent $2,775/mo
Lowest Lease $1,950
Highest Lease $3,500
Lease / Ask Ratio 98.2%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 50.0%
Leased under asking 50.0%
Avg Days on Market 43 days
Fast · 050Slow · 100+
🧊 Renter-friendly — 50% leased below asking. Avg 43 days on market.
Nearby Cities · January 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Mississauga | $2,560 | $2,450 | 98.5% | 47d | ⚖️ Balanced |
| Burlington | $2,910 | $2,850 | 98.5% | 55d | ⚖️ Balanced |
| Milton | $2,652 | $2,675 | 98.7% | 46d | ⚖️ Balanced |
| Toronto | $2,712 | $2,485 | 99.0% | 49d | ⚖️ Balanced |
| Halton Hills | $2,606 | $3,000 | 100.7% | 45d | ⚖️ Balanced |
Frequently Asked Questions
Oakville · January 2026
The average confirmed lease in Oakville was $3,122/month in January 2026,
based on 289 MLS® transactions. The median was
$2,800/month.
Condos averaged $2,441/mo, freehold averaged $4,403/mo, and townhouses averaged $3,344/mo.
Units in Oakville took an average of 52 days to lease in January 2026.
Freehold rentals averaged 59 days while condos averaged 47 days.
In January 2026, condos averaged $2,441/month while freehold rentals averaged $4,403/month —
a difference of $1,962/month.
Oakville averaged $3,122/month in January 2026. Burlington averaged $2,910/mo. See the full January 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.
