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Summary

Rental Prices Across Canada Have Been Revealed & Some People Pay WAY Less Than Others

The five cheapest rental markets are so affordable it hurts.

The Cheapest Rent In Canada Is In These 5 Metro Areas
Rodrigolab | Dreamstime, Alexandar Iotzov | Dreamstime
Contributor

A new rental report by Zumper has just been released and it reveals the along with the most painfully expensive.

The report calculated the median rents for the 24 most populous metropolitan areas in the country. It will surprise no one that the most expensive rent in Canada is in Vancouver where the median price of a one-bedroom apartment is $2,000 per month and a two-bedroom is $2,800.

Next in line was Burnaby followed by Barrie, Toronto, and Victoria. Meanwhile, on the other end of the list were the most affordable rental markets where the prices are looking far more attractive.

The fifth most affordable place is Saskatoon, where a one-bedroom is $950 per month. Next up is Edmonton where the median price is $930. Then comes Regina at $910 and St John's at $880.

Way down at the bottom is Quebec where rent for a one-bedroom only costs $790 per month. For a two-bedroom, the median price in Quebec is $1,000. That means you and your roommate could be sitting pretty and coughing up only $500 each month for your rent payment.

From Your Site Articles
rent pricesreal estate
Real EstateCanada
  • Britanny Burr
    Britanny Burr was a Staff Writer at Narcity Canada, who drove growth within Narcity's Western coverage and readership. Having lived between her hometown, Canmore, Alberta and Calgary, Montreal, Vancouver, and NYC over the past 10 years, she is obsessed with finding the best local hot spots. She holds a B.A. in English and has over six years of professional writing experience as Head Writer and Editor for YUL.Buzz in Montreal, and Creative Copywriter at JAKT in NYC. News by day, poetry by night — the written word is Britanny's nearest and dearest.

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