Rental Market

• Now is the ‘best time’ to rent in Canada as asking price hits 31-month low: report

  A new report shows the average rent across Canada has hit a 31-month low, with big drops in cities like Toronto and Vancouver as supply outpaces demand.

  Canada

  Feb 9
  
• Renting? Report says Canada is at ‘best levels of affordability’ in 2 years

  Average asking rents in September in Canada dropped 3.2 per cent compared to September last year, a new report by Rentals.ca and Urbanation shows.

  Canada

  Oct 7, 2025
  
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• Rents in Canada fall for 11th straight month. Which cities saw biggest drops?

  Compared to August last year, rents in Canada were down 2.3 per cent last month to $2,137 a month, according to the latest National Rent Report from Rentals.ca and Urbanation.

  Canada

  Sep 8, 2025
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• Rents are cooling in most Canadian cities, RBC report finds

  Rents declined for the first three months of the year in more than half of Canada’s 40 major cities compared with the same period a year ago, analysis from RBC found.

  Canada

  Aug 11, 2025
• Rents in Canada fall for 9th straight month, still above 2022 levels

  The average asking rent for all residential properties in Canada fell by 2.7 per cent in June, compared with this time last year, to $2,125 a month.

  Canada

  Jul 8, 2025
• Rent-free months and gift cards: How Ontario landlords are vying for tenants

  Toronto landlords are trying to lure in tenants with rent-free months, complimentary Wi-Fi and $500 gift cards amid an unprecedented supply of condos and lower rents.

  Economy

  May 30, 2025
• Average rent in Canada drops for 1st time since 2021

  The average asking rent for all residential property types in Canada saw its first annual decrease since July 2021, but it's yet to be seen if the drop will continue.

  Canada

  Nov 7, 2024
• Canada’s rent growth slows as international student enrolment drops

  Last month, rents across Canada reached an average of $2,193 per month, according to Rentals.ca and Urbanation’s latest National Rent Report.

  Canada

  Oct 9, 2024
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• Is rent cheaper living with a roommate? It depends where you live

  A recent report by Rentals.ca showed "roommate rents" dropped to $1,481 per person in Vancouver and decreased in Toronto to $1,230, but it has risen in smaller cities.

  Canada

  Sep 13, 2024
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• Rental prices on the rise in Lethbridge

  As rental prices in Lethbridge have risen nearly 20 per cent from last summer, finding affordable housing has become a challenge for many residents.

  Economy

  Aug 9, 2024