Rental Market Trends in Nova Scotia
$1,796/month
Average Rent
+0.3%
Increase in the Last Year
+$5
Average Price Increase
Ranked 3rd
Most Expensive Rent by Province
1,045
Available Rentals
Wolfville, NS
City with the Lowest Rent
What is the average rent in Nova Scotia?
As of April 2026, the average rent in Nova Scotia is $1,796/month. When you rent an apartment in Nova Scotia, 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 $1,499 per month for a studio, $1,796 for a one-bedroom apartment, and around $2,212 for a two-bedroom apartment in Nova Scotia. If you opt for a three-bedroom rental, you could pay $2,555 or more.
Rent by City
What are the most affordable cities in Nova Scotia?
Based on current rent prices, the cheapest cities in Nova Scotia to live are Wolfville, Kings and Cape Breton.
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.