Regina rental market data
CMHC’s word for Regina’s vacancy rate in the October 2025 survey is “stabilized”. The rate for apartments in buildings of three or more units was 2.7%, against 2.6% a year earlier, well below its average of the past decade and lower than CMHC had expected. Rent growth on the same units slowed to 4.2% for a 2-bedroom from 8.5%, still above the average of the past decade, and the average 2-bedroom rent paid by all tenants was $1,473. How the survey works is explained on the Canada rental market page.
Average rent by bedroom type
| Unit type | Average rent paid, all tenants (October 2025) | Average asking rent, new tenants (second quarter of 2026) |
|---|---|---|
| Bachelor / studio | $900 | $970 |
| 1 bedroom | $1,244 | $1,250 |
| 2 bedroom | $1,481 | $1,480 |
| 3 bedroom+ | $1,966 | $1,860 |
The first column is CMHC's average for occupied units in apartment buildings of six or more units, so it includes long-term tenants paying below-market rents. The second is Statistics Canada's average of listed rents, closer to what you'd be quoted if you moved now.
Bigger units were the tightest part of the market. CMHC reports that the vacancy rate for 3-bedroom and larger apartments dropped to 1.4% from 3.9%, a sign of strong demand for family-sized units, even though large units made up more than half of the year’s new supply.
Rent and vacancy by survey zone
Every Regina zone below is inside the city; CMHC suppresses the figures for its outlying-areas zone, which has very few surveyed apartments (October 2025, privately initiated apartments in buildings of three or more units).
| Regina zone | Vacancy rate | A year earlier | Average 2-bedroom rent | Average rent, all units | Units in the survey |
|---|---|---|---|---|---|
| Central | 3.0% | 3.2% | $1,498 | $1,299 | 4,691 |
| South: Lakeview/Albert Park | 2.7% | 2.5% | $1,461 | $1,350 | 2,355 |
| South: Wascana/University | 2.5% | 1.9% | $1,448 | $1,361 | 939 |
| East | 3.5% | 2.7% | $1,601 | $1,630 | 2,375 |
| West | 2.9% | 2.8% | $1,290 | $1,305 | 1,410 |
| Northeast | 1.1% | 2.2% | $1,289 | $1,241 | 1,599 |
| Northwest | 1.6% | 1.4% | $1,626 | $1,607 | 1,413 |
| Regina City (Zones 1-7) | 2.7% | 2.6% | $1,474 | $1,387 | 14,782 |
| Regina CMA | 2.7% | 2.6% | $1,473 | $1,386 | 14,806 |
Source: CMHC Rental Market Report data tables, Regina workbook.
The Central and South: Lakeview/Albert Park zones together hold 48% of the CMA’s surveyed apartments, the “nearly half” of supply CMHC refers to, and both added units modestly this year. Northwest had the highest 2-bedroom rent, $1,626, and Northeast the lowest, $1,289. Northeast also had the lowest vacancy rate, 1.1%, down from 2.2%; CMHC says it was the only zone where both the vacancy rate and the rental supply declined. East had the highest vacancy rate, 3.5%. In the West zone, the one place CMHC says rent growth did not slow, the average rent across all units was 13% above a year earlier.
What is driving Regina rents
In its 2025 Rental Market Report, CMHC credits strong full-time employment and relatively high population growth for keeping demand in step with new supply, despite higher unemployment among the youngest workers. The purpose-built stock grew 2.2%, a slower pace than the year before. Landlords trimmed rent increases on larger units to stay competitive, which helped keep their vacancy low, but CMHC still describes affordability as strained because rents rose faster than wages. Rented condominiums had a vacancy rate of 1.3% and a 2-bedroom averaging $1,460, with fewer condos offered for rent even as the condo stock grew.
New tenants vs sitting tenants
Comparing units within the same buildings, CMHC found Regina tenants who moved in during the year paid 3.6% more than tenants who stayed, and thinks that premium kept some renters from moving. The turnover rate fell to 27.6% from 31.6%. Averaged across the whole CMA, where newer and older buildings mix, the 2-bedroom gap looks wider: $1,563 for a unit that changed tenants against $1,445 for one that didn’t, or 8.2% more. For 3-bedroom units the averages were $2,043 and $1,789.
Vacancy rate trend
Regina vacancy rate, apartments in buildings of 6+ units (CMHC, October each year)
Source: CMHC Rental Market Survey via Statistics Canada table 34-10-0127.
What rent costs relative to income
Rent is low relative to local incomes on CMHC’s 30% test. Regina’s average 2-bedroom of $1,473 stays inside it for a household with $58,920 of gross income, 35% below the census median household income for the Regina CMA ($90,000, for 2020, before the rent survey). Statistics Canada’s asking rent for a 2-bedroom, $1,480 in the second quarter of 2026, works out to $59,200. The rent affordability calculator runs other combinations.
How Regina compares
The Regina 2-bedroom average was 5% below Saskatoon’s $1,548, 2% above the Saskatchewan average of $1,451 and 5% below the national $1,550, all in CMHC’s three-units-and-over universe. That puts Regina 15th-lowest of 43 centres for 2-bedroom rent. Its vacancy rate sits below Saskatchewan’s 3.4% and below Canada’s 3.1%, while its turnover rate is more than twice the national 12.8%.
Rules on rent increases in Regina
Saskatchewan has no limit on rent increases, but in a periodic (month-to-month, for example) tenancy most landlords need 12 months' notice. In such a tenancy they can’t raise rent in the first 18 months, and can raise it once every 12 months; members of a prescribed landlord association give 6 months’ notice. A fixed-term lease follows its own terms: the landlord serves notice of new terms at least 2 months before it ends. In Saskatchewan a security deposit can be no more than one month's rent, and the landlord can require only half of it when the tenancy starts, the rest within two months; to keep any of it, the landlord claims it within seven business days of the tenancy ending through the Office of Residential Tenancies.
All of Saskatchewan’s rules are on the Saskatchewan rental market page. Rent increase rules by province compares them with other provinces, and how to get a security deposit back explains deposit claims.
Related pages
- Saskatoon Rental Market: Saskatchewan’s other CMA
- Saskatchewan Rental Market: both centres and the provincial picture
- Regina Housing Market: home prices for a rent-or-buy comparison
- Income in Regina: household income data
- Winnipeg Rental Market: the next prairie market east
Sources
- CMHC Rental Market Report data tables, Regina workbook: vacancy, rent and units by zone
- CMHC Rental Market Report data tables, Canada workbook: CMAs and provinces, turnover rents, rented condominiums
- CMHC 2025 Rental Market Report: Regina commentary
- Statistics Canada table 34-10-0133 and 34-10-0127: rents and vacancy, apartment structures of six units and over
- Statistics Canada table 46-10-0092: asking rents
- Statistics Canada table 98-10-0061: census household income