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Rental Market Trends in North Bay, ON

What is the average rent in North Bay, ON?

$1,698/month

Average Rent

589 Sq Ft

Average Apartment Size

-6.3%

Decrease in the Last Year

As of June 2026, the average rent in North Bay, ON was $1,698/month. When you rent an apartment in North Bay, you can expect to pay as little as $1,344 to as much as , depending on the location and size of the apartment.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,344/month
498 Sq Ft
One Bedroom
$1,698/month
589 Sq Ft
Two Bedroom
$2,019/month
842 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in North Bay, ON?

In the past year, rent has decreased by 6.3%, which averages out to $106 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in North Bay, ON
Last Updated June 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in North Bay, ON
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
20% $1,001 - $1,500/month
80% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in North Bay, ON?

Because the average rent in North Bay is $1,698, you’ll want to make about $5,660 per month or $67,920 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

North Bay, ON

12 Available Apartments for Rent

Search for Nearby Apartments

How does North Bay, ON compare to other nearby cities and neighbourhoods?

Use the tool below to compare North Bay, ON to other nearby cities and neighbourhoods. The Apartments.com neighbourhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Apartment communities in North Bay we think you'll love

566 Main St E

566 Main St E

566 Main St E,
North Bay, ON P1B 1B8

$1,650

3 Beds

308 1st Ave E

308 1st Ave E

308 1st Ave E,
North Bay, ON P1B 3C1

$1,900

2 Beds

526 Wyld St

526 Wyld St

526 Wyld St,
North Bay, ON P1B 1Z7

$1,650

1 Bed

566 Main St E

566 Main St E

566 Main St E,
North Bay, ON P1B 1B8

$1,500

2 Beds

Canada Ontario North Bay Rental Trends

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.

* Percentages may not total 100 due to rounding.

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