Indicator
Rental vacancy rate
Share of purpose-built rental apartments vacant and available in October, CMHC Rental Market Survey.
Purpose-built apartments (6+ units); annual October survey.
Metros
| Geography | Latest | Reference period |
|---|---|---|
| Kelowna B.C. | 6.30% | October 2025 survey |
| Calgary Alta. | 5.00% | October 2025 survey |
| Kitchener–Cambridge–Waterloo Ont. | 4.20% | October 2025 survey |
| Barrie Ont. | 4.20% | October 2025 survey |
| Edmonton Alta. | 3.90% | October 2025 survey |
| London Ont. | 3.90% | October 2025 survey |
| Vancouver B.C. | 3.70% | October 2025 survey |
| Oshawa Ont. | 3.70% | October 2025 survey |
| Moncton N.B. | 3.70% | October 2025 survey |
| Hamilton Ont. | 3.60% | October 2025 survey |
| Windsor Ont. | 3.60% | October 2025 survey |
| St. Catharines–Niagara Ont. | 3.50% | October 2025 survey |
| Brantford Ont. | 3.50% | October 2025 survey |
| Ottawa–Gatineau Ont. | 3.40% | October 2025 survey |
| Montréal Que. | 3.30% | October 2025 survey |
| Saskatoon Sask. | 3.20% | October 2025 survey |
| Victoria B.C. | 3.10% | October 2025 survey |
| Toronto Ont. | 3.00% | October 2025 survey |
| Winnipeg Man. | 2.80% | October 2025 survey |
| Abbotsford–Mission B.C. | 2.80% | October 2025 survey |
| Regina Sask. | 2.70% | October 2025 survey |
| Trois-Rivières Que. | 2.70% | October 2025 survey |
| Peterborough Ont. | 2.70% | October 2025 survey |
| Québec City Que. | 2.60% | October 2025 survey |
| Halifax N.S. | 2.50% | October 2025 survey |
| Sherbrooke Que. | 2.50% | October 2025 survey |
| Kingston Ont. | 2.30% | October 2025 survey |
| St. John's N.L. | 1.60% | October 2025 survey |
| Saint John N.B. | 1.50% | October 2025 survey |
Understanding this indicator
- What it is
- The share of purpose-built rental apartments that were empty and available to rent right away in October, from CMHC's Rental Market Survey.
- How it's measured
- CMHC counts a unit as vacant if no one lives in it and it's available for immediate rental, then divides by the total units surveyed.
- How to read it
- Low vacancy, often taken to be under about 3%, means renters have few choices and rents tend to rise faster.
- Rising vacancy usually means more supply or weaker demand, and slower rent growth.
- Limitations
- Covers purpose-built rentals only, not the secondary rental market.
Sources
Geographies without a current published figure are left out rather than estimated. Methodology