At $1,552/mo, rent takes about 18% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,552 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
30% of the median household income ($106,362) is $2,659 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,780).
From Zillow's monthly rent index (ZORI) for Oakville. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Is your rent fair?
Compare your rent to the local median.
Who lives here
Oakville, MO is majority owner-occupied, has a large retiree population, has a median income above the national average, 44.1% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Oakville, MO has changed in 5 years
Census figures show median household income at $106,362 today, compared with $91,497 five years earlier. The renter share has risen from 12.5% to 14%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 41.1% to 44.1% across the same window.
Discussions about Oakville
No discussions yet. Start the conversation.
Can you afford rent in Oakville on your salary?
At $1,552/mo, how Oakville rent compares to typical pay (30% rule).
Oakville rent by bedroom count
Median rent for each apartment size in Oakville. Click any size for full breakdown.
Tips for renters in Oakville
Last updated: October 17, 2026
The median rent in Oakville is $1,552/mo as of October 2026. A studio apartment averages $940/mo while a 2-bedroom runs $1,200/mo. One-bedroom apartments average $970/mo and 3-bedroom units go for $1,550/mo.
At 18% of local median household income ($106,362/yr), Oakville ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
How much income do you need to rent in Oakville?
Is rent going up or down in Oakville?
How does Oakville rent compare to other cities in Missouri?
Which nearby cities are cheaper to rent in than Oakville?
At $1,552/mo, rent takes ~18% of Oakville's median household income ($106,362/yr). The standard benchmark is 30%.
How does this area stack up?
Pick another city or ZIP to compare.
Estimated from ZIP-level data
Be the first to submit your rent for Oakville.
No discussions yet.