Rental Market Trends in New Brunswick
Updated September 2026
$1,350/month
Average Rent
+2%
Increase in the Last Year
+$26
Average Price Increase
Ranked 3rd
Least Expensive Rent by Province
775
Available Rentals
Shediac, NB
City with the Lowest Rent
What is the average rent in New Brunswick?
As of September 2026, the average rent in New Brunswick is $1,350/month. When you rent an apartment in New Brunswick, you can expect some variability depending on the region. For instance, metropolitan areas may have higher rents than smaller towns and rural areas. In general, you can expect to pay about $1,084 per month for a studio, $1,350 for a one-bedroom apartment, and around $1,597 for a two-bedroom apartment in New Brunswick. If you opt for a three-bedroom rental, you could pay $1,836 or more.
Rent by City
What are the most affordable cities in New Brunswick?
Based on current rent prices, the cheapest cities in New Brunswick to live are Shediac, Saint John and Dieppe.
What are the most expensive cities in New Brunswick?
Based on current rent prices, the most expensive cities in New Brunswick to live are Fredericton, Riverview and Moncton.
Nearby Province Markets
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.