Aleksandr Belov
Author and editor of the ultramodern-hotels.com blog
Cost of living and rental prices in major Canadian cities (June 2022)
Vancouver and Toronto are the most expensive cities in Canada to rent one and two bedroom apartments (updated June 2022). Vancouver ranked first in the average cost of renting an apartment among the largest cities in Canada. As of June 2022, the average cost to rent a one-bedroom apartment in Vancouver is $2,200 per month. Over the year, renting a one-bedroom apartment has risen in price by 14.00%. Consider the prices for renting apartments with 1 and 2 bedrooms in major Canadian cities by population.
Prices for renting apartments in major Canadian cities (updated June 2022)
№ 1. Toronto ( Ontario)
Population = 2 794 356
Average 1 bedroom rent price = $1,990/per month
Year-Over-Year Price Change Rent (Y/Y %), 1 bedroom
11.2%
Average 2 bedroom rent price = $2,550/per month
Year-Over-Year Price Change Rent (Y/Y %), 2 bedroom
10.4%
№ 2. Montreal (Quebec )
Population = 1 762 949
Average 1 bedroom rent price = $1,400/per month
Year-Over-Year Price Change Rent (Y/Y %), 1 bedroom
0.7%
Average 2 bedroom rent price = $1,850/per month
Year-Over-Year Price Change Rent (Y/Y %), 2 bedroom
3.9%
№ 3. Calgary (Alberta)
Population = 1 306 784
Average 1 bedroom rent price = $1,230/per month
Year-Over-Year Price Change Rent (Y/Y %), 1 bedroom
11.8%
Average 2 bedroom rent price = $1,460/per month
Year-Over-Year Price Change Rent (Y/Y %), 2 bedroom
8.1%
№ 4. Ottawa (Ontario)
Population = 1 017 449
Average 1 bedroom rent price = $1,550/per month
Year-Over-Year Price Change Rent (Y/Y %), 1 bedroom
6.9%
Average 2 bedroom rent price = $1,850/per month
Year-Over-Year Price Change Rent (Y/Y %), 2 bedroom
6.9%
№ 5. Edmonton (Alberta)
Population = 1 010 899
Average 1 bedroom rent price = $940/per month
Year-Over-Year Price Change Rent (Y/Y %), 1 bedroom
4.4%
Average 2 bedroom rent price = $1,200/per month
Year-Over-Year Price Change Rent (Y/Y %), 2 bedroom
0.8%
№ 6. Winnipeg (Manitoba)
Population = 749 607
Average 1 bedroom rent price = $1,060/per month
Year-Over-Year Price Change Rent (Y/Y %), 1 bedroom
1.9%
Average 2 bedroom rent price = $1,350/per month
Year-Over-Year Price Change Rent (Y/Y %), 2 bedroom
3.1%
№ 7. Vancouver (British Columbia)
Population = 662 248
Average 1 bedroom rent price = $2,200/per month
Year-Over-Year Price Change Rent (Y/Y %), 1 bedroom
14%
Average 2 bedroom rent price = $3,140/per month
Year-Over-Year Price Change Rent (Y/Y %), 2 bedroom
17.6%
№ 8. Hamilton (Ontario)
Population = 569 353
Average 1 bedroom rent price = $1,500/per month
Year-Over-Year Price Change Rent (Y/Y %), 1 bedroom
7.9%
Average 2 bedroom rent price = $1,900/per month
Year-Over-Year Price Change Rent (Y/Y %), 2 bedroom
13.8%
№ 9. Quebec (Quebec)
Population = 549 459
Average 1 bedroom rent price = $960/per month
Year-Over-Year Price Change Rent (Y/Y %), 1 bedroom
28%
Average 2 bedroom rent price = $1,300/per month
Year-Over-Year Price Change Rent (Y/Y %), 2 bedroom
19.3%
№ 10. Halifax (Nova Scotia)
Population = 439 819
Average 1 bedroom rent price = $1,460/per month
Year-Over-Year Price Change Rent (Y/Y %), 1 bedroom
15%
Average 2 bedroom rent price = $1,850/per month
Year-Over-Year Price Change Rent (Y/Y %), 2 bedroom
10.8%
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