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Rental Market Trends in Owen Sound, ON

Updated August 2026

The average rent in Owen Sound, ON is $1,491/month.

$1,491/month

Average Rent

669 Sq Ft

Average Size

-1.1%

Change / Year

58

Available Apartments

Owen Sound rent varies by unit size and layout:

  • Studio apartments in Owen Sound average $1,311 per month.
  • One-bedroom apartments in Owen Sound average $1,491 per month.
  • Two-bedroom apartments in Owen Sound average $1,756 per month.
  • Three-bedroom apartments in Owen Sound average $1,939 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,311/month
419 Sq Ft
One Bedroom
$1,491/month
669 Sq Ft
Two Bedroom
$1,756/month
839 Sq Ft
Three Bedroom
$1,939/month
997 Sq Ft
View Owen Sound Apartments

How much has average rent changed in Owen Sound, ON?

In the past year, rent has decreased by 1.1%, which averages out to $15 less per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Owen Sound, ON

August 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Owen Sound, ON
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
42% $1,001 - $1,500/month
50% $1,501 - $2,000/month
8% Above $2,000/month

What salary do I need to live comfortably in Owen Sound, ON?

Because the average rent in Owen Sound is $1,491, you’ll want to make about $4,970 per month or $59,640 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

Owen Sound, ON

58 Available Apartments for Rent

Search for Nearby Apartments

How does Owen Sound, ON compare to other nearby cities and neighbourhoods?

Use the tool below to compare Owen Sound, 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.

View the Owen Sound Area Guide

Apartment Averages

Apartment Communities in Owen Sound We Think You'll Love

Regency Tower (Owen Sound)

Regency Tower (Owen Sound)

550 19th St W,
Owen Sound, ON N4K 6B8

Studio - 2 Beds | $1,725 - $1,950

274 10th St W

274 10th St W

274 10th St W,
Owen Sound, ON N4K 3R3

3 Beds | $2,701

1114 4th Ave E

1114 4th Ave E

1114 4th Ave E,
Owen Sound, ON N4K 2P4

1 Bed | $1,550

206 6th Ave E

206 6th Ave E

206 6th Ave E,
Owen Sound, ON N4K 2T3

4 Beds | $2,650

Frequently Asked Questions

What is the average rent in Owen Sound?

The average rent in Owen Sound is $1,491 per month, which is 15.4% lower than the national average of $1,763.

Are rents going up or down in Owen Sound?

Rents in Owen Sound, ON are decreasing, with prices down 1.1% year-over-year and $15 less per month.

What rent range is most common in Owen Sound?

In Owen Sound, ON, 50% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

Canada Ontario Owen Sound 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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