Cheap Apartments for Rent in Oakville, ON from $1,100 (112 Rentals)

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Search the lowest-cost Apartments available for rent right now in Oakville.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Marine Square West
$1,175 - $2,3501 to 2 Bedroom Apartments

Marine Square West

2390 Marine DrOakville, ON L6L 3E7
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1254 Marlborough Court
$1,234 - $2,4951 to 2 Bedroom Apartments

1254 Marlborough Court

1254 Marlborough CrtOakville, ON L6H 7X6
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Bronte Estates
$1,475 - $2,600Studio to 3 Bedroom Apartments

Bronte Estates

128 Bronte RdOakville, ON L6L 3C2
  • Utilities Included
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Anchorage Apartments
$1,575 - $2,290Studio to 2 Bedroom Apartments

Anchorage Apartments

435 Kerr StOakville, ON L6K 3C2

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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1260 Marlborough Court
$1,750 - $2,695Studio to 3 Bedroom Apartments

1260 Marlborough Court

1260 Marlborough CtOakville, ON M4V 1Z4
  • Utilities Included
  • Smoke Free

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Oakville, ON Local Guide

Cheapest Neighborhoods for Apartments in Oakville, ON

Pricing Updated: 08/19/2026

Current apartment rentals in the Oakville, ON area range in price from $2,050 to $2,900 with an overall median price of $2,350. Here is today’s list neighborhoods with the lowest median pricing for Oakville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Bronte$2,350$2,0503

Cheapest Available Oakville Apartments for Rent

 

The cheapest available apartment rental in Oakville, ON is a Studio unit found at Anchorage Apartments in the Oakville neighborhood priced from $1,575. Bromsgate Apartments in the Clarkson Lorne Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,651. Here is today’s list of the most affordable Oakville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Anchorage Apartments0 Bedroom(s) and 1 Bathroom(s)Studio,1BA$1,575
Bromsgate Apartments1 Bedroom1BR,1BA$1,651
1260 Marlborough CourtBachelorStudio,1BA$1,750
920 Inverhouse920 Inverhouse - Plan CStudio,1BA$1,775
2285 The Collegeway0 Bedroom, 1 BathroomStudio,1BA$1,789
Park Royal Village Apartments1 Beds, 1 Baths1BR,1BA$1,850
190 Kerr StOne Bedroom1BR,1BA$1,895
2150 Roche1 Bed Promotional price for first 7 months*1BR,1BA$1,899
Equity ParkBasement 2 bedroom2BR,1BA$1,900
1265 Sixth LineOne Bedroom1BR,1BA$1,945

Best Value Apartments for Rent in Oakville, ON

As of August 19, 2026 the best value apartment in the Oakville area is the $2.43 price per square foot 2 Bedroom Townhouse Model at 200 & 206 Lakeshore Rd. W in the in the Oakville neighborhood starting from $2,700. The second greatest value Oakville apartment is the 2 Bedroom Model at Park Terrace II starting at $2,225 with a $2.33 price per square foot in the Oakville neighborhood. Here is today’s list of the best values for Oakville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
200 & 206 Lakeshore Rd. W2 Bedroom Townhouse2BR,2BA$2.43
Park Terrace II2 Bedroom2BR,1BA$2.33
80 Speers1-Bedroom1BR,1BA$2.16
Equity Park1 Bedroom + Den2BR,1BA$2.22
Lord Nelson Apartments2 Beds, 1 Baths2BR,1BA$2.67
Bromsgate Apartments1 Bedroom1BR,1BA$2.17
1265 Sixth LineOne Bedroom1BR,1BA$2.58
Astoria Apartments1 Bedroom1BR,1BA$2.67
1230 Whiteoaks BlvdOne Bedroom Apartment1BR,1BA$2.68
190 Kerr StOne Bedroom1BR,1BA$2.63

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Oakville, ON Rentals by Map

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Frequently Asked Questions about Cheap Oakville Apartments

How much is rent for a Cheap One Bedroom Oakville Apartment?

The lowest price for a Cheap One Bedroom Oakville Apartment is $1,651 at Bromsgate Apartments.

What is the lowest price for a Cheap Two Bedroom Oakville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Oakville is starting from $1,900 at Equity Park.

What is the most affordable Oakville Three Bedroom Apartment?

The best deal on a cheap Oakville Three Bedroom Apartment rental is at 200 & 206 Lakeshore Rd. W and starts from $2,900.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.