From hundreds to thousands. 💰
A recent report has revealed just how wildly different Canadian apartment prices really are. We took a look at the rental prices in some of Canada's metropolitan cities to get a feel for how big that difference is.
The August rent report from Rentals.ca shows that for just a one-bedroom apartment, some folks in Canada are paying almost $2,200 per month, while some are clocking in at under $900. That's a $1,300 difference.
It probably doesn't come as a surprise to most that Vancouver is the priciest Canadian city to rent in, with a one-bedroom apartment costing an average of $2,185 per month.
Similar living spaces in Toronto will set you back $1,855 a month, with a one-bedroom costing $1,756 in Victoria, $1,611 in Ottawa, and $1,576 in Halifax.
If you're looking to rent a one-bedroom for under $1,500, there are a few options for you. A one-bedroom rental in Montreal will cost you, on average, $1,419 a month, with Calgary coming in at $1,246, Winnipeg at $1,179, and Edmonton at $1,028.
If you want to spend under $1,000 a month, the average cost of a one-bedroom in Regina is $976. In Saskatoon, that's $916, and in St. John's it's $887.