Rental market
Ontario 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 |
|---|---|---|---|---|
| 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% | — |
| Hamilton Ont. | 3.6%+1.2 pts | $1,659+1.4% | $2,1500.0% | — |
| 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% |
| London Ont. | 3.9%+1.2 pts | $1,645+6.7% | $1,920−4.0% | $1,560+6.1% |
| 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% | — |
| St. Catharines–Niagara Ont. | 3.5%−0.1 pts | $1,527+3.5% | $1,900+1.1% | — |
| Toronto Ont. | 3.0%+0.5 pts | $2,045+3.7% | $2,650−0.7% | $2,160+3.3% |
| Windsor Ont. | 3.6%+0.5 pts | $1,451+5.5% | $1,850+2.8% | — |
Changes are versus the prior year (vacancy, CMHC rent) or 12 months earlier (asking and paid rents).