Cheap Homes for Rent in Oakville, ON from C$900 (46 Rentals)

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

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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Oakville, ON Local Guide

Cheapest Available Oakville Apartments for Rent

 

The cheapest available apartment rental in Oakville, ON is a Studio unit found at 2285 The Collegeway in the Churchill Meadows Erin Mills neighborhood priced from C$1,509. 30 Speers Road Apartments has the second lowest priced unit, which is a Studio apartment currently listed from C$1,699. Here is today’s list of the most affordable Oakville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
2285 The Collegeway0 Bedroom, 1 BathroomStudio,1BAC$1,509
30 Speers Road ApartmentsBachelorStudio,1BAC$1,699
1030 Pearson Dr1 Bedroom1BR,1BAC$1,799
Anchorage Apartments1 Bedroom, 1 Bathroom1BR,1BAC$1,829
Park Royal Village Apartments0 Beds, 1 BathsStudio,1BAC$1,860
Park Terrace II1 Bedroom1BR,1BAC$1,925
The Devonshire1 Bedroom1BR,1BAC$1,950
Park Terrace I1 Bedroom1BR,1BAC$1,990
1265 Sixth Line1 Bed, 1 bath1BR,1BAC$2,095
Centennial Towers1 Bedroom1BR,1BAC$2,095

Best Value Apartments for Rent in Oakville, ON

As of July 23, 2025 the best value apartment in the Oakville area is the C$2.47 price per square foot 5220 Lakeshore - Plan G Model at 5220 Lakeshore in the in the Burlington East neighborhood starting from C$3,199. The second greatest value Oakville apartment is the 2 Beds, 1 Baths Model at John Street Apartments starting at C$3,135 with a C$2.69 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.
5220 Lakeshore5220 Lakeshore - Plan G2BR,1BAC$2.47
John Street Apartments2 Beds, 1 Baths2BR,1BAC$2.69
Bromsgate Apartments2 Bedroom2BR,1BAC$2.02
Ridge Hill Towers2 Bedroom2BR,1BAC$2.37
Anchorage Apartments2 Bedroom, 1 Bathroom2BR,1BAC$2.74
Anchorage Apartments2 Bedroom, 1 Bathroom2BR,1BAC$2.62
80 Speers2-Bedroom2BR,1BAC$2.46
Anchorage Apartments2 Bedroom, 1 Bathroom2BR,1BAC$2.77
Premier Court Apartments2 Bedroom2BR,1BAC$2.69
Parkview ManorTwo Bedroom2BR,1BAC$2.75

Quick Rent Budget Calculator

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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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Frequently Asked Questions about Oakville

What type of rentals are currently available in Oakville?

There are currently 369 Apartments for Rent in Oakville, ON with pricing that ranges from C$1,699 to C$3,795. There are also 291 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakville ranging from C$900 to C$27,800.

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 C$900 to C$27,800 with an average monthly rent of C$4,043.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.