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Home»Migrating to Canada»Canada’s 5 most costly and least costly cities for renting a property
Migrating to Canada

Canada’s 5 most costly and least costly cities for renting a property

JennifercastroBy JennifercastroMay 4, 2025No Comments2 Mins Read
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Canada’s 5 most costly and least costly cities for renting a property
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Buying Furniture as a Newcomer to Canada
Buying Furniture as a Newcomer to Canada

Primarily based on information from the latest Lease Report by Leases.ca, the next will record the most cost effective and most costly cities for renters in accordance with the typical price of a one-bedroom and two-bedroom residence in November 2023.

Observe: The complete report lists the typical rental prices for 35 cities throughout Canada

The 5 most costly cities to lease a property in

As anticipated, all 5 of the cities on this record are situated in bigger Canadian provinces comparable to Ontario (ON) and British Columbia (BC). Actually, 23 of Canada’s 25 most costly rental markets had been situated in these two provinces (14 in ON and 9 in BC). The highest 5 are as follows:

Vancouver, BC 

1-bedroom: $2,872 

2-bedroom: $3,777

Burnaby, BC

1-bedroom: $2,647 

2-bedroom: $3,341

Toronto, ON

1-bedroom: $2,607

2-bedroom: $3,424

Oakville, ON

1-bedroom: $2,524

2-bedroom: $3,337

Mississauga, ON

1-bedroom: $2,352

2-bedroom: $2,851

The 5 least costly cities to lease a property in

Then again, Canada’s 5 least costly cities by common lease had been all situated within the nation’s prairie provinces, Saskachewan (SK), Alberta (AB) and Manitoba (MB). Particularly , the 5 least expensive cities to lease in Canada, in accordance with the most recent lease report, had been:

Saskatoon, SK

1-bedroom: $1,109

 2-bedroom: $1,340

Regina, SK

1-bedroom: $1,191 

2-bedroom: $1,405

Fort McMurray, AB

1-bedroom: $1,226

2-bedroom: $1,478

Crimson Deer, AB

1-bedroom: $1,249 

2-bedroom: $1,464

Winnipeg, MB

1-bedroom: $1,282

2-bedroom: $1,692

To study extra concerning the outcomes of the most recent lease report, click on right here. Additionally, to study extra about renting a house in Canada, go to this devoted webpage.

Full our FREE Evaluation kind to see if you’re eligible to immigrate to Canada





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