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March 2026 · Oakville
Average Rent in Oakville — March 2026
323 confirmed residential leases in Oakville in March 2026. Average rent $3,003/month. Mixed conditions across property types.
Avg Lease Price $3,003/mo
Median Lease $2,750/mo
Avg Asking $3,047/mo
Lease / Ask 98.6%
Leased Over Asking 6.5%
Avg DOM 50 days
Total Leased
323
all residential
Avg Lease Price
$3,003
per month
Median Lease
$2,750
mid-point
Lease / Ask
98.6%
avg ratio
Over Asking
6.5%
of all leases
Avg DOM
50
days on market
Lease Prices by Property Type
Oakville · March 2026
💰 Lease Price Summary
Average Lease $3,003/mo
Median Lease $2,750/mo
Avg Asking Rent $3,047/mo
Lowest Lease $900
Highest Lease $7,300
Lease / Ask Ratio 98.6%
📊 Market Activity
Leased over asking 6.5%
Leased at asking 52.3%
Leased under asking 41.2%
Avg Days on Market 50 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.5% over vs 41.2% under asking.
💰 Lease Price Summary
Average Lease $2,428/mo
Median Lease $2,325/mo
Avg Asking Rent $2,457/mo
Lowest Lease $1,850
Highest Lease $4,350
Lease / Ask Ratio 98.8%
📊 Market Activity
Leased over asking 7.7%
Leased at asking 52.4%
Leased under asking 39.9%
Avg Days on Market 48 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.7% over vs 39.9% under asking.
💰 Lease Price Summary
Average Lease $4,085/mo
Median Lease $4,200/mo
Avg Asking Rent $4,163/mo
Lowest Lease $900
Highest Lease $7,300
Lease / Ask Ratio 98.1%
📊 Market Activity
Leased over asking 2.8%
Leased at asking 50.7%
Leased under asking 46.5%
Avg Days on Market 62 days
Fast · 050Slow · 100+
⚖️ Balanced — 2.8% over vs 46.5% under asking.
💰 Lease Price Summary
Average Lease $3,230/mo
Median Lease $3,300/mo
Avg Asking Rent $3,272/mo
Lowest Lease $1,200
Highest Lease $4,500
Lease / Ask Ratio 98.7%
📊 Market Activity
Leased over asking 8.2%
Leased at asking 52.0%
Leased under asking 39.8%
Avg Days on Market 45 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.2% over vs 39.8% under asking.
💰 Lease Price Summary
Average Lease $2,344/mo
Median Lease $2,200/mo
Avg Asking Rent $2,364/mo
Lowest Lease $1,550
Highest Lease $3,650
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 20.0%
Leased at asking 60.0%
Leased under asking 20.0%
Avg Days on Market 44 days
Fast · 050Slow · 100+
⚖️ Balanced — 20% over vs 20% under asking.
Nearby Cities · March 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Mississauga | $2,590 | $2,450 | 98.7% | 48d | ⚖️ Balanced |
| Burlington | $2,870 | $2,825 | 99.1% | 51d | ⚖️ Balanced |
| Milton | $2,678 | $2,700 | 99.3% | 47d | ⚖️ Balanced |
| Toronto | $2,724 | $2,450 | 98.9% | 49d | ⚖️ Balanced |
| Halton Hills | $2,950 | $2,650 | 98.5% | 74d | 🧊 Renter-Friendly |
Frequently Asked Questions
Oakville · March 2026
The average confirmed lease in Oakville was $3,003/month in March 2026,
based on 323 MLS® transactions. The median was
$2,750/month.
Condos averaged $2,428/mo, freehold averaged $4,085/mo, and townhouses averaged $3,230/mo.
Units in Oakville took an average of 50 days to lease in March 2026.
Freehold rentals averaged 62 days while condos averaged 48 days.
In March 2026, condos averaged $2,428/month while freehold rentals averaged $4,085/month —
a difference of $1,657/month.
Oakville averaged $3,003/month in March 2026. Halton Hills averaged $2,950/mo. See the full March 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.
