Cheap Homes for Rent in Oakville, ON from $900 (179 Rentals)

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

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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property at 4568 Donegal Dr

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550
Total Monthly Price
$1,550

1 Bedroom, 1 Bath Home for Rent

Available Now

4568 Donegal Dr

MississaugaONL5M 4H2

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Oakville, ON Local Guide

Cheapest Neighborhoods for Apartments in Oakville, ON

Pricing Updated: 06/09/2026

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

NeighborhoodMedian PriceMin PriceAvailable Units
Bronte$2,400$2,1001

Cheapest Available Oakville Apartments for Rent

 

The cheapest available apartment rental in Oakville, ON is a Studio unit found at 30 Speers Road Apartments priced from $1,549. 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
30 Speers Road ApartmentsBachelorStudio,1BA$1,549
Bromsgate Apartments1 Bedroom1BR,1BA$1,651
Park Royal Village Apartments0 Beds, 1 BathsStudio,1BA$1,695
Wallace PinesBachelorStudio,1BA$1,695
Anchorage Apartments0 Bedroom, 1 BathroomStudio,1BA$1,749
920 Inverhouse920 Inverhouse - Plan CStudio,1BA$1,775
2150 Roche1 Bed Promotional price for first 7 months*1BR,1BA$1,875
190 Kerr StOne Bedroom1BR,1BA$1,945
1030 Pearson Drive2 Bedroom2BR,1BA$1,949
Lord Nelson Apartments1 Beds, 1 Baths1BR,1BA$1,950

Best Value Apartments for Rent in Oakville, ON

As of June 09, 2026 the best value apartment in the Oakville area is the $2.58 price per square foot 2 Beds, 1 Baths Model at John Street Apartments in the starting from $3,150. The second greatest value Oakville apartment is the Three Bedroom Model at 1265 Sixth Line starting at $2,595 with a $2.20 price per square foot . 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.
John Street Apartments2 Beds, 1 Baths2BR,1BA$2.58
1265 Sixth LineThree Bedroom3BR,1.5BA$2.20
200 & 206 Lakeshore Rd. W2 Bedroom Townhouse2BR,2BA$2.43
5220 Lakeshore5220 Lakeshore - Plan B1BR,1BA$2.67
White Oaks Apartments1 Beds, 1 Baths1BR,1BA$2.36
Equity Park1 Bedroom + Den2BR,1BA$2.22
Park Terrace I2 Bedroom2BR,1BA$2.46
1030 Pearson Drive2 Bedroom2BR,1BA$2.36
Bromsgate Apartments1 Bedroom1BR,1BA$2.17
1230 Whiteoaks BlvdOne Bedroom Apartment1BR,1BA$2.68

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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Quick Rent Budget Calculator

How much rent can you afford?

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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See the most popular apartments and homes in Oakville, ON

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Frequently Asked Questions about Oakville

What type of rentals are currently available in Oakville?

There are currently 375 Apartments for Rent in Oakville, ON with pricing that ranges from $1,549 to $5,350. There are also 831 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakville ranging from $900 to $19,500.

What is the current price range for Rental Homes in Oakville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakville ranges from $900 to $19,500 with an average monthly rent of $5,169.

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.