salaryRent is lower than in 54% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (75.4%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $62,400 a year. That is $30 an hour at a full-time job.
Is rent cheaper than other Connecticut cities?
Yes. Rent here is cheaper than in most of Connecticut. It is number 15 of 64 cities from cheapest to most expensive.
How much do households earn in Oakville?
Share of households by yearly income. 37.8% of households earn $100,000 or more.
Rent by apartment size in Oakville
| Size | Oakville | U.S. average |
|---|---|---|
| 1 bedroom | $1,219 | $1,324 |
| 2 bedrooms | $1,449 | $1,509 |
| 3 bedrooms | $1,924 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Oakville overall?
Everyday prices in Connecticut overall are 4% above the U.S. average (index 103.6, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Oakville, so the Connecticut figure is shown.
Taxes and bills in Oakville
Life in Oakville
Is it cheaper to rent or buy in Oakville?
Renting is cheaper right now: about $386 a month less.
Owning assumes a typical $280,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $28,050 for the down payment.
Frequently asked questions
What is the average rent in Oakville, CT?
Renting in Oakville costs a median of about $1,560 a month in 2026, including utilities. The Connecticut median is $1,920.
How much do I need to make to live in Oakville?
To keep rent under 30% of income, you need about $62,400 a year, or $30 an hour at a full-time job.
Is Oakville cheap or expensive?
Oakville is rated Cheap: rent takes 18.2% of the typical household income of $103,013. It ranks 15th cheapest of 64 Connecticut cities we track.
How much are property taxes in Oakville?
The median homeowner in Oakville pays $4,916 a year in property taxes, about 1.75% of the median home value.
Is Oakville more expensive than the national average?
Overall prices in Connecticut are 4% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Oakville?
The median home value in Oakville is $280,500, about 2.7 times the typical yearly household income.
9,276 people live in Oakville. Numbers are typical (middle) values.