Rental market
Canada rental market
Rents and vacancy from CMHC's annual Rental Market Survey (purpose-built rentals, October) and Statistics Canada's quarterly experimental asking and paid rent estimates.
| Metro | Vacancy | Avg. 2-bed rent (CMHC) | Asking 2-bed | Paid 2-bed |
|---|---|---|---|---|
| Abbotsford–Mission B.C. | 2.8%+1.7 pts | $1,623+7.7% | $1,890−6.4% | — |
| Barrie Ont. | 4.2%+1.5 pts | $1,749+2.7% | $2,100−1.4% | — |
| Brantford Ont. | 3.5%+0.8 pts | $1,604+11.2% | $1,8900.0% | — |
| Calgary Alta. | 5.0%+0.2 pts | $1,908+1.7% | $1,890−6.4% | $1,930+8.4% |
| Edmonton Alta. | 3.9%+0.8 pts | $1,598+4.5% | $1,570−2.5% | $1,570+3.3% |
| Fredericton N.B. | — | $1,431+5.7% | $1,670+3.1% | — |
| Halifax N.S. | 2.5%+0.5 pts | $1,828+7.0% | $2,400+5.3% | $1,770+9.3% |
| Hamilton Ont. | 3.6%+1.2 pts | $1,659+1.4% | $2,1500.0% | — |
| Kamloops B.C. | — | $1,673+7.9% | $1,960+1.0% | — |
| Kelowna B.C. | 6.3%+2.5 pts | $2,098+9.5% | $2,330 | — |
| Kingston Ont. | 2.3%−0.7 pts | $1,763+5.3% | $1,940−4.0% | $1,750+6.1% |
| Kitchener–Cambridge–Waterloo Ont. | 4.2%+0.5 pts | $1,816+3.9% | $2,120−1.9% | $1,720+3.0% |
| Lethbridge Alta. | — | $1,593+7.9% | $1,480−2.6% | — |
| London Ont. | 3.9%+1.2 pts | $1,645+6.7% | $1,920−4.0% | $1,560+6.1% |
| Medicine Hat Alta. | — | $1,217+5.1% | — | — |
| Moncton N.B. | 3.7%+2.1 pts | $1,452+6.4% | $1,460−2.0% | — |
| Montréal Que. | 3.3%+0.8 pts | $1,346+14.5% | $1,820−5.2% | $1,360+12.4% |
| Nanaimo B.C. | — | $1,895+6.8% | $2,080+2.5% | — |
| Oshawa Ont. | 3.7%0.0 pts | $1,762+4.3% | $2,000−2.4% | — |
| Ottawa–Gatineau Ont. | 3.4%+0.9 pts | $1,757+4.3% | $2,360−2.9% | — |
| Peterborough Ont. | 2.7%−0.7 pts | $1,513+1.0% | $1,920−1.5% | — |
| Québec City Que. | 2.6%+1.6 pts | $1,276+10.1% | $1,460−2.0% | $1,230+10.8% |
| Red Deer Alta. | — | $1,418+5.7% | $1,410−0.7% | — |
| Regina Sask. | 2.7%+0.2 pts | $1,478+4.2% | $1,480+1.4% | $1,580+12.1% |
| Saint John N.B. | 1.5%−2.4 pts | $1,290+5.0% | $1,530+1.3% | — |
| Saskatoon Sask. | 3.2%+1.3 pts | $1,559+5.4% | $1,620+5.2% | $1,470+0.7% |
| Sherbrooke Que. | 2.5%+0.9 pts | $1,062+6.1% | $1,300+5.7% | $960+6.7% |
| St. Catharines–Niagara Ont. | 3.5%−0.1 pts | $1,527+3.5% | $1,900+1.1% | — |
| St. John's N.L. | 1.6%−0.3 pts | $1,348+8.5% | $1,530 | — |
| Toronto Ont. | 3.0%+0.5 pts | $2,045+3.7% | $2,650−0.7% | $2,160+3.3% |
| Trois-Rivières Que. | 2.7%+1.7 pts | $1,017+14.5% | — | — |
| Vancouver B.C. | 3.7%+2.1 pts | $2,364+2.2% | $3,030−4.1% | $2,470+7.4% |
| Victoria B.C. | 3.1%+0.4 pts | $2,121+6.3% | $2,640−2.6% | — |
| Windsor Ont. | 3.6%+0.5 pts | $1,451+5.5% | $1,850+2.8% | — |
| Winnipeg Man. | 2.8%+1.1 pts | $1,570+4.2% | $1,660+1.8% | $1,550+7.6% |
Changes are versus the prior year (vacancy, CMHC rent) or 12 months earlier (asking and paid rents).