Where is the cheapest place to rent in Canada?
Statistics for May 2022.
Rentals.ca calculated that in April 2022, the average rent was $1,821 CAD per month. This is a 9% increase from April 2021, when it was $1,676 CAD per month.
Single-family homes are the most expensive to rent, averaging $2,776 CAD per month. The average rent for a townhouse is $2,265 CAD per month. Apartments in condos rent for an average of $2,235 CAD per month, apartments in condos for rent are much cheaper at an average of $1,651 CAD per month. Basement apartments are even cheaper at only $1,590 CAD per month.
The most expensive housing is in British Columbia and Ontario. Although there are cities in Ontario where you can rent a place much cheaper than in Toronto. For example, London is still one of the most affordable cities to rent in. The average rent in London in April 2022 was $1,581 CAD.
The table shows the average cost of rent in each of the provinces.
| Province. | Average rental cost, CAD |
| British Columbia | 2 347 |
| Ontario | 2 093 |
| Nova Scotia | 1 939 |
| Northwest Territories | 1 896 |
| Quebec | 1 672 |
| Manitoba | 1 341 |
| Alberta | 1 289 |
| Saskatchewan | 1 051 |
| Newfoundland and Labrador | 950 |
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