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.
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
- Saskatoon Rental Market — Saskatchewan’s largest city
- Regina Rental Market — Saskatchewan’s capital
Related pages
- Canada Rental Market Data — national overview
- Alberta Rental Market — neighbouring province comparison
- Average Rent in Canada — rent comparison by city and province
- Income in Saskatchewan — provincial income data
Sources
- CMHC Rental Market Survey — Housing Market Information Portal
- CMHC 2025 Rental Market Report — December 2025
- Office of Residential Tenancies (Saskatchewan) — tenant rights