7 Cities In Canada Where You Can Get A 1-Bedroom Apartment For Around $1K Or Less Per Month

When looking for the cheapest rent in Canada, it's really easy to come to the conclusion that leasing a home here is just way too expensive.

And, while that might be generally right, there are actually a few places across the country that do still have an average rent that won't make you cry every month.

There are seven cities in Canada that have rental rates around $1,000 a month for a one-bedroom apartment. In other words, there are still places to live that won't break the bank.

The cities were ranked by Rentals.ca in its National Rental Report for April, which shows that the absolute cheapest place to rent in Canada, of the cities included in the report, is Lloydminster, Alberta.

The Albertan spot has a jaw-droppingly affordable average rent of $744 a month for a one-bedroom apartment. This is after a 4.98% decrease since last year.

After that comes another Albertan town. Red Deer ranked the second cheapest in the country with an average rent of $943 a month for a one-bedroom unit. It also saw a decrease in price of 2.58% compared to last year.

Third on the list is Regina, Saskatchewan, with tenants paying an average of $953 per month for a single-bedroom apartment. The region saw the average rent price drop by 3.74% since April 2021.

After Regina comes Saskatoon, Saskatchewan, with an average rent of $984 per month. It's followed by Lethbridge, Alberta, with an average monthly rent of $1,013.

Edmonton only has a few bucks on Lethbridge with an average rent of $1,017 per month.

Of the cheapest areas, the location with the highest average rent is Winnipeg, Manitoba, at $1,142 per month.

While yes, rent is still pretty high these days, know that you could always pick up and move to the Prairies if you want to save some cash on housing.

And it only looks more and more appealing when you consider that, according to the same report, rent in Vancouver and Toronto are at averages of $2,280 and $2,023 per month, respectively.

That $744 a month is looking real nice now, isn't it?

This article's cover image was used for illustrative purposes only.