Canada's rent has increased, with the national average reaching $2,178 in October. Rent growth rate in October was 9.9% annually, driven by rises in Alberta, Quebec, and Nova Scotia.
The most expensive cities for renters:
- Vancouver, BC: $2,872 (1-bedroom), $3,777 (2-bedroom)
- Burnaby, BC: $2,647 (1-bedroom), $3,341 (2-bedroom)
- Toronto, ON: $2,607 (1-bedroom), $3,424 (2-bedroom)
- Oakville, ON: $2,524 (1-bedroom), $3,337 (2-bedroom)
- Mississauga, ON: $2,352 (1-bedroom), $2,851 (2-bedroom)
The least expensive cities:
- Saskatoon, SK: $1,109 (1-bedroom), $1,340 (2-bedroom)
- Regina, SK: $1,191 (1-bedroom), $1,405 (2-bedroom)
- Fort McMurray, AB: $1,226 (1-bedroom), $1,478 (2-bedroom)
- Red Deer, AB: $1,249 (1-bedroom), $1,464 (2-bedroom)
- Winnipeg, MB: $1,282 (1-bedroom), $1,692 (2-bedroom)
