Oakville South Apartments for Rent & Condo Comps

Oakville South's average realized lease price is $2,607 per month ($3.67/sqft), based on 14 recorded transactions over the trailing 30 days ending August 31, 2026. The middle 50% of the market spans from $2,350 per month (25th percentile) to $3,200 per month (75th percentile), with a median rent of $2,800 per month. This places submarket rents 6.89% above the wider Oakville municipal average of $2,439 per month.

The average rent for a 1-bedroom apartment in Oakville South, Oakville is $2,238 per month ($4.21/sqft) based on 30-day trailing data, while 1-bedroom plus den suites average $2,438 per month ($3.71/sqft) over the same window. Over a broader 180-day lookback, standard 1-bedroom suites average $2,189 per month across 564 square feet. Most standard 1-bedroom units lease between $2,100 per month (25th percentile) and $2,275 per month (75th percentile).

The average rent for a 2-bedroom apartment in Oakville South, Oakville is $2,967 per month ($3.29/sqft) based on 30-day trailing data, while 2-bedroom plus den suites average $2,940 per month ($3.05/sqft) over the trailing 90 days. Over a 180-day lookback, standard 2-bedroom suites average $3,532 per month across 988 square feet. Most 2-bedroom units lease between $2,650 per month (25th percentile) and $3,300 per month (75th percentile), representing an average monthly price step-up of $1,343 when moving up from a 1-bedroom layout.

Three-bedroom apartment rentals in Oakville South represent a highly scarce inventory segment with zero closed transactions recorded in the current 30-day tracking period. Over a 180-day lookback, 3-bedroom plus units recorded an average realized rent of $2,950 per month ($1.79/sqft) across an average size of 1,713 square feet. Renters seeking multi-bedroom layouts should monitor active listings closely as larger suites become available.

Within Oakville South, One Eleven Forsythe commands the highest average lease rate at approximately $9,500 per month, while Equity Park Apartments offers the most accessible entry point at around $2,050 per month, with broader private transactions across tracked condo inventory starting at $1,750 per month.

Oakville South rents average $2,607 per month, which is higher than the overall Oakville average of $2,439 per month (a spread of $168 or 6.89%). Properties in Oakville South spend an average of 23 days on the market—leasing 3 days faster than the broader Oakville municipal benchmark of 26 days.

Condo and apartment rentals in Oakville South primarily fall within postal forward sortation areas (FSAs) such as L6H and L6J.

Rental listings in Oakville South spend an average of 23 days on the market before leasing, based on 30-day tracking through August 31, 2026—leasing 3 days faster than the broader Oakville municipal benchmark of 26 days.

With active listings averaging $4,287 per month against closed leases averaging $2,607 per month—an asking-to-realized spread of $1,680 per month—landlords should align asking prices with recent closed lease benchmarks rather than aspirational targets to prevent vacancy extending past the submarket average of 23 days.

Reserved parking in Oakville South adds an estimated $1,393 per month to 2-bedroom rental rates based on verified unbundled lease comps, while parking premiums for other bedroom configurations cannot be isolated due to bundled lease structures in the current sample data.

Standard lease agreements in Ontario require renters to set up separate accounts for suite hydro and heating/cooling power. Water service and common amenity upkeep are almost universally included in the owner's monthly maintenance fees.