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Housing Market Insider
Ranking

Average 2-bedroom rent by metro

Highest first. CMHC Rental Market Survey, purpose-built rentals (row and apartment, 3+ units).

35 metros with comparable, current data. Reference period: October 2025 survey. Metros without published data are left out rather than estimated.

RankMetroValue
1Vancouver B.C.$2,364 $ / month
2Victoria B.C.$2,121 $ / month
3Kelowna B.C.$2,098 $ / month
4Toronto Ont.$2,045 $ / month
5Calgary Alta.$1,908 $ / month
6Nanaimo B.C.$1,895 $ / month
7Halifax N.S.$1,828 $ / month
8Kitchener–Cambridge–Waterloo Ont.$1,816 $ / month
9Kingston Ont.$1,763 $ / month
10Oshawa Ont.$1,762 $ / month
11Ottawa–Gatineau Ont.$1,757 $ / month
12Barrie Ont.$1,749 $ / month
13Kamloops B.C.$1,673 $ / month
14Hamilton Ont.$1,659 $ / month
15London Ont.$1,645 $ / month
16Abbotsford–Mission B.C.$1,623 $ / month
17Brantford Ont.$1,604 $ / month
18Edmonton Alta.$1,598 $ / month
19Lethbridge Alta.$1,593 $ / month
20Winnipeg Man.$1,570 $ / month
21Saskatoon Sask.$1,559 $ / month
22St. Catharines–Niagara Ont.$1,527 $ / month
23Peterborough Ont.$1,513 $ / month
24Regina Sask.$1,478 $ / month
25Moncton N.B.$1,452 $ / month
26Windsor Ont.$1,451 $ / month
27Fredericton N.B.$1,431 $ / month
28Red Deer Alta.$1,418 $ / month
29St. John's N.L.$1,348 $ / month
30Montréal Que.$1,346 $ / month
31Saint John N.B.$1,290 $ / month
32Québec City Que.$1,276 $ / month
33Medicine Hat Alta.$1,217 $ / month
34Sherbrooke Que.$1,062 $ / month
35Trois-Rivières Que.$1,017 $ / month

Rankings describe published figures; they are not recommendations. Methodology