Here’s the average cost of rent in major Canadian cities for February 2019

Posted by Steve Harmer on Tuesday, February 19th, 2019 at 11:18am.

Kamloops rentalsBritish Columbia and Ontario continue to be the most expensive place to rent a room, or rooms, in Canada.

Canada Rent Rates A new rental report from PadMapper shows that Montreal is the only city in the country outside of those two provinces to crack the top 10.

Toronto takes the top spot for priciest one bedroom units with an average cost of $2,270, but Vancouver is easily the most expensive market for two bedroom units with an average cost of $3,280.

Alberta's major cities managed to stay out of the top ten, with Calgary and Edmonton ranking 13th and 18th respectively.

In Calgary, one bedroom units average out at $1,130 a month, while in Edmonton the average cost of a one bedroom home is $950.

On the east coast, Halifax leads the way at 16th with one bedroom units at $990 and two bedroom units at $1,270, followed by St. John's at 23rd.

<who> Photo Credit: PadMapper.
Photo Credit: PadMapper.

Victoria - where one-bedroom pads cost an average of $1,390 - is fifth in the report. Abbotsford is 18th on the list, with an average monthly rent of $950 for a one-bedroom apartment.

To read the full report, click here.

Register with us to receive real estate updates



Leave a Comment