one bedroom rent canada

Here's what a one bedroom apartment rents for in cities across Canada

While the weather in most of Canada is unusually cold for this time of year, it seems housing markets across the country are hot as ever. 

According to PadMapper's latest Canadian National Rent Report, which examines rent prices across the 24 largest cities in the country, "half of the cities saw double digit, year-over-year growth rates and three-quarters of cities saw one bedroom rent on an incline."

Of the 24 cities analyzed, 18 experienced an upward trend in October while five saw downward trends and one stayed stagnant.

To no one's surprise, Toronto and Vancouver have the most priciest rents in the country, and one bedroom prices grew in both cities last month. 

The median rent for a one bedroom increased by 2.2 per cent to $2,350 in Toronto, and by 1.4 per cent to $2,200 in Vancouver.

Rent for a one-bedroom in Kingston saw the largest growth rate in the country, with an increase of 5.1 per cent.

Here's the median cost of renting a one-bedroom apartment in 24 cities across Canada. 

  1. Toronto: $2,350
  2. Vancouver: $2,200
  3. Burnaby: $1,750
  4. Montreal: $1,530
  5. Victoria: $1,520
  6. Ottawa: $1,400
  7. Barrie: $1,390
  8. Kelowna: $1,350
  9. Kitchener: $1,310
  10. Oshawa: $1,300
  11. Hamilton: $1,270
  12. St Catharines: $1,260
  13. Kingston: $1,230
  14. Calgary: $1,1300
  15. London: $1,120
  16. Halifax: $1,110
  17. Abbotsford: $1,040
  18. Winnipeg: $980
  19. Edmonton: $950
  20. Quebec: $930
  21. Regina: $920
  22. Saskatoon: $920
  23. Windsor: $820
  24. St John's: $780

Of the 24 cities, Windsor saw the biggest dip with a decline of 3.5 per cent in one bedroom rent costs. 

Other cities that saw a fairly significant dip include Barrie (2.8 per cent) and St. John's (2.5 per cent).

In order to produce this data, the PadMapper Canadian Rent Report analyzed rental data from hundreds of thousands of active listings across the country.

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