Real estate rental prices in major Canadian cities announced
Find out where to get a cheaper apartment and where to pay a lot of money.
Portal PadMapper recently released a report analyzing the real estate market in Canada. After analyzing hundreds of thousands of properties in the 23 most populous cities across the country, experts revealed where rents are most expensive and where they are cheaper.
Overall, the pandemic has slowed the pace of rental price increases in major cities somewhat, as people have moved to the suburbs because of remote jobs. But Vancouver and Toronto remain the leaders in rental costs, although prices there have fallen to 2017 levels.
So, the situation in the cities is as follows:
| City | Rent 1-bedroom apartment, CAD | Rent 2-room apartment, CAD |
| Vancouver, British Columbia | 1 940 | 2 630 |
| Toronto, Ontario | 1 770 | 2 340 |
| Burnaby, British Columbia | 1 650 | 2 190 |
| Barrie, Ontario. | 1 650 | 1 780 |
| Victoria, British Columbia | 1 570 | 1 990 |
| Kelowna, British Columbia | 1 450 | 1 780 |
| Ottawa, Ontario | 1 450 | 1 700 |
| Kitchener, Ontario. | 1 390 | 1 670 |
| Montreal, Quebec | 1 380 | 1 700 |
| Hamilton, Ontario. | 1 370 | 1 700 |
| Oshawa, Ontario. | 1 350 | 1 500 |
| Halifax, Nova Scotia | 1 300 | 1 690 |
| St. Catharines, Ontario | 1 300 | 1 500 |
| Kingston, Ontario | 1 260 | 1 480 |
| Abbotsford, British Columbia | 1 250 | 1 630 |
| London, Ontario | 1 240 | 1 500 |
| Calgary, Alberta. | 1 100 | 1 330 |
| Windsor, Ontario. | 1 080 | 1 310 |
| Winnipeg, Manitoba | 1 000 | 1 300 |
| Edmonton, Alberta. | 940 | 1 180 |
| Saskatoon, Saskatchewan | 930 | 1 070 |
| Quebec City, Quebec. | 870 | 1 270 |
| Regina, Saskatchewan. | 850 | 1 050 |
| St. John's, Newfoundland and Labrador | 850 | 920 |
The report notes that rents have continued to fall little by little despite the vaccination drive that has begun in Canada. Quebec City, for example, has seen a record monthly drop in rental prices of 5.4%.
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