What is the average rent in Canada?
$1,756/month
Average Rent
576 Sq Ft
Average Size
-1.4%
Decrease in the Last Year
The average rent in Canada is $1,756/month. This is 1.4% lower than this time last year.
The provinces with the largest rent increases when compared to last year include Newfoundland and Labrador, Manitoba, and New Brunswick. In Newfoundland and Labrador, rents are 5.8% higher. Manitoba rent prices average around $1,387/month, which is an increase of 2.2%. In New Brunswick, renters pay an average of $1,332/month, which is an increase of 2.1%.
Provinces with the lowest rent prices in Canada include Prince Edward Island, Newfoundland and Labrador, and New Brunswick. Prince Edward Island has a current average rent of $884/month, which is 1.1% higher than last year. Newfoundland and Labrador has an average rent of $1,185/month, with renters paying 5.8% more. New Brunswick rounds out the three provinces with the lowest rents, averaging around $1,332/month, which is 2.1% higher than last year.
Current National Averages
Average Rent by Province
Rent by City
How much rent can I afford?
See how your city compares to other cities across the nation! Which are the most expensive or most affordable cities in Canada? How much apartment do you get for that amount? Once you've compared rent prices and availability, use the rent affordability calculator to help you determine how much you can afford to spend on rent.
Most Affordable Cities in Canada
Most Expensive Cities in Canada
Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.