a
Print
version

The rating of canadian cities by rental cost

  • 4
In October 2023 rental rates in the country have increased by 9.9% year-on-year.

According to the study by Rentals.ca, the annual rate of rent growth in the country was 9.9% in October, which is a moderate decrease from September’s annual pace of 11.1%. However, it was the second fastest annual increase of the past seven months.

Rents have increased by $175 (or 8.8%) over the past six months. As of October 23, the average rental price was $2,178.

The rating of Canadian cities by rental price for one- and two-bedroom apartments ($/month)

City

One-bedroom apartment

Two-bedroom apartment

Vancouver (British Columbia)

$2,872

$3,777

Burnaby (British Columbia)

$2,647

$3,341

Toronto (Ontario)

$2,607

$3,424

Oakville (Ontario)

$2,524 

$3,337

Mississauga (Ontario)

$2,352

$2,851 

Richmond Hill (Ontario)

$2,326

$2,685 

Markham (Ontario)

$2,325 

$2,604 

Etobicoke (Ontario)

$2,292

$2,909 

Brampton (Ontario)

$2,195

$2,515

Burlington (Ontario)

$2,189

$2,578

Victoria (British Columbia)

$2,109

$2,836 

Kelowna (British Columbia)

$2,099

$2,592

Guelph (Ontario)

$2,061

$2,398

Ottawa (Ontario)

$2,056

$2,503

Barrie (Ontario)

$1,918

$2,328 

Kitchener (Ontario)

$1,915

$2,364

Waterloo (Ontario)

$1,909

$2,545

London (Ontario)

$1,878 

$2,257

Halifax (Nova Scotia)

$1,875

$2,241

Hamilton (Ontario)

$1,868

$2,229 

Oshawa (Ontario)

$1,845

$2,219 

Montreal (Quebec)

$1,802

$2,266

Calgary (Alberta)

$1,733

$2,155

St. Catharines (Ontario)

$1,685

$1,925 

Niagara Falls (Ontario)

$1,680

$2,008

Laval (Quebec)

$1,601

$2,003

Abbotsford (British Columbia)

$1,594

$2,011 

Windsor (Ontario)

$1,545

$1,936

Quebec (Quebec)

$1,288 

$1,703 

Edmonton (Alberta)

$1,284

$1,596

Winnipeg (Manitoba)

$1,282

$1,692

Red Deer (Alberta)

$1,249

$1,464 

Fort McMurray (Alberta)

$1,226 

$1,478

Regina (Saskatchewan)

$1,191

$1,405 

Saskatoon (Saskatchewan)

$1,109

$1,340

Please read also: Canada is going to attract more technical specialists and improve immigration programs

Source: Immigration.ca

Photo by James Thomas on Unsplash

Quoting conditions of Prian.info materials

Share the link:
Tags: Canada, Market Analysis, Investment, Real Estate, Rent

Read also

Canadian province of Quebec is going to reopen its Immigrant Investor Program in January 2024
The key changes include stricter French language requirements, residence requirements and...
Canada extends foreign buyer ban on purchasing residential properties
Originally introduced in 2023, the ban was set to expire in early 2025.
Spanish Region Will Repair Private Houses For Free
There is one condition.
New record in the real estate market of Cyprus
The second highest number of property sales was registered in March since records began in 2000.
The parliament of Cyprus has passed the law for a reduced VAT on first homes
Some deputies have noted pressure from the EU.
One of Greece's leading parliamentary parties calls for the abolition of golden visas
PASOK leader Nikos Androulakis claims that the measure has reached its limits and “makes the...

Interesting to read

News and articles on the topic «Canada»

Canada extends foreign buyer ban on purchasing residential properties

Originally introduced in 2023, the ban was set to expire in early 2025.

  • 07.02.2024
  • 7
  • 18.12.2023
  • 5