7 Canadian Cities Where You Can Rent A 1-Bedroom Apartment For Less Than $1K A Month
Turns out you're not legally required to spend half your paycheque on rent! 🤷
If you're fed up with spending half a paycheque every month on trying to rent a place in Toronto or Vancouver, you might be starting to wonder where the cheapest cities to live in Canada are.
In their most recent National Rent Report from August 2021, Rentals.ca has found seven cities that have an average rent price of under $1,000 dollars per month for a one-bedroom apartment. (Is that even legal in Canada? Yes, as it turns out, it is.)
The cheapest city listed on the report is Lloydminster in Alberta (about two and a half hours outside of Edmonton), with an average one-bedroom rent price of $721 per month. Next up on the list is St. John's, the capital city of Newfoundland and Labrador, at just $887 a month.
Cities in the Prairies make up five of the seven cheapest cities on the list, with Red Deer, AB ($901) and Saskatoon, SK ($916) sitting at third and fourth cheapest respectively. The fifth listing, however, is Québec City; at $926 per month, it's the largest city by population to have an average of sub-$1K rent.
Finally, sixth place belongs to Grande Prairie, AB, at $937 and seventh is Regina, SK, at $976, still less than half the cost of renting a one-bedroom apartment in Vancouver, which will run you on average at $2,185.