Cheap Homes for Rent in Oakville, ON from $800 (112 Rentals)

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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.

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.

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.

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.

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.

Oakville, ON Local Guide

Cheapest Neighborhoods for Apartments in Oakville, ON

Pricing Updated: 04/24/2026

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$2,1004

Cheapest Available Oakville Apartments for Rent

 

The cheapest available apartment rental in Oakville, ON is a 1 Bed unit found at Bromsgate Apartments in the Clarkson Lorne Park neighborhood priced from $1,645. Wallace Pines II has the second lowest priced unit, which is a Studio apartment currently listed from $1,695. Here is today’s list of the most affordable Oakville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bromsgate Apartments1 Bedroom1BR,1BA$1,645
Wallace Pines IIBachelorStudio,1BA$1,695
Park Royal Village Apartments0 Beds, 1 BathsStudio,1BA$1,725
Anchorage Apartments0 Bedroom, 1 BathroomStudio,1BA$1,749
1265 Sixth LineOne Bedroom1BR,1BA$1,945
190 Kerr StOne Bedroom1BR,1BA$1,945
Lord Nelson Apartments1 Beds, 1 Baths1BR,1BA$2,000
Lakeview1 Bed, 1 bath1BR,1BA$2,050
2375 Marine Dr1 Bed, 1 bath1BR,1BA$2,050
Anchorage Apartments1 Bedroom and 1 Bathroom1BR,1BA$2,069

Best Value Apartments for Rent in Oakville, ON

As of April 24, 2026 the best value apartment in the Oakville area is the $2.43 price per square foot C Model at Erin Centre Village in the in the Churchill Meadows Erin Mills neighborhood starting from $2,900. The second greatest value Oakville apartment is the 2 Bedroom Townhouse Model at 200 & 206 Lakeshore Rd. W starting at $2,700 with a $2.43 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.
Erin Centre VillageC3BR,2BA$2.43
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$2.34
Bronte Estates1 Bed, 1 bath1BR,1BA$2.66
Bromsgate Apartments1 Bedroom1BR,1BA$2.16
1265 Sixth LineOne Bedroom1BR,1BA$2.58
Anchorage Apartments1 Bedroom and 1 Bathroom1BR,1BA$2.76
2375 Marine Dr1 Bed, 1 bath1BR,1BA$2.83
190 Kerr StOne Bedroom1BR,1BA$2.70

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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!

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Frequently Asked Questions about Oakville

What type of rentals are currently available in Oakville?

There are currently 371 Apartments for Rent in Oakville, ON with pricing that ranges from $1,599 to $6,470. There are also 664 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakville ranging from $860 to $16,800.

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 $860 to $16,800 with an average monthly rent of $4,004.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.