A New Report Shows How Much Rent Costs Across Canada Right Now & The Range Is Wild

A new report by Rentals.ca outlines the varying rent prices in Canada based on 35 different cities. The average prices for one- and two-bedroom apartments show that people in Ontario and B.C. are shelling out a whole lot more than everyone else each month.

Vancouver is sitting at the top of the list with the most expensive rent in Canada. In Vancity, people are paying an average of $1,935 for a one-bedroom and $2,578 for a two-bedroom rental unit.

Next on the list is Toronto, where average rent prices are $1,816 for a one-bedroom and $2,407 for a two-bedroom. Other places that fell in the top 10 for most expensive rent include the Ontario cities Markham, Burlington, Etobicoke, Mississauga and North York, as well as Richmond, Burnaby and Victoria in B.C.

Meanwhile, the cheapest rent can be found in Lloydminster, Alberta, where rent costs an average of $786 and $899 for one- and two-bedroom, respectively.

The 10 most affordable places on the list also include Grand Prairie, A.B., Saskatoon, S.K., Lethbridge, A.B., Red Deer, A.B., Regina, S.K., Edmonton, A.B., Fort Mcmurray, A.B., London, O.N., Winnipeg, M.B., and Calgary, A.B.