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Saskatchewan Rental Market Data 2025–2026 | Average Rent & Vacancy Rates

Updated

Saskatchewan rental market data

Saskatchewan offers some of the most affordable rents in Canada. Saskatoon and Regina both have 2-bedroom asking rents under $1,500 — a fraction of what renters pay in Toronto or Vancouver.

The province has no rent control, which encourages supply responsiveness and helps keep markets balanced even during periods of strong demand.

Data source: CMHC Rental Market Survey (October 2025), published December 2025. This is the most recent CMHC rental data available — the survey is conducted once per year every October. Next update expected December 2026.

Average rent by city (Saskatchewan)

City 2BR Purpose-Built 2BR Asking Rent Vacancy Rate
Saskatoon ~$1,200 ~$1,400 ~3.5%
Regina ~$1,150 ~$1,350 ~3.8%

Saskatchewan asking rents average approximately $1,100 for a 1-bedroom and $1,350 for a 2-bedroom across the province.

Saskatchewan rent rules

  • No rent control — Landlords can raise rent by any amount
  • 6 months notice required for periodic tenancies
  • 1 year notice required for fixed-term leases at expiration
  • Once per 12 months — Only one increase per year
  • Market-driven — Rents respond freely to supply and demand

Key market drivers

Resource economy: Potash, uranium, and agriculture drive Saskatchewan’s economy. Commodity price cycles influence employment and rental demand.

Provincial Nominee Program: Saskatchewan’s PNP brings steady immigration, supporting rental demand in both Saskatoon and Regina.

Affordable homeownership: Low home prices relative to incomes mean many renters transition to ownership quickly, limiting sustained rental pressure.

No rent control effect: The absence of rent caps encourages new construction and helps prevent the supply shortages seen in rent-controlled provinces.

Saskatchewan city rental market pages


Sources

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