Average Rent by Province: Overview
| Province |
1-Bedroom Avg |
2-Bedroom Avg |
YoY Change |
| British Columbia |
$2,250 |
$2,850 |
−0.5% |
| Ontario |
$2,050 |
$2,500 |
−1.5% |
| Alberta |
$1,500 |
$1,850 |
+3.0% |
| Nova Scotia |
$1,650 |
$2,100 |
+4.0% |
| Manitoba |
$1,200 |
$1,500 |
+4.5% |
| Saskatchewan |
$1,100 |
$1,350 |
+3.5% |
| Quebec |
$1,350 |
$1,700 |
+4.5% |
| New Brunswick |
$1,250 |
$1,500 |
+5.0% |
| Newfoundland & Labrador |
$1,050 |
$1,250 |
+2.0% |
| Prince Edward Island |
$1,400 |
$1,700 |
+6.0% |
Asking rent averages for early 2026. CMHC average rents for existing tenants are typically 20–30% lower.
British Columbia
| City |
1-BR |
2-BR |
| Vancouver |
$2,600 |
$3,350 |
| Victoria |
$2,050 |
$2,650 |
| Burnaby |
$2,000 |
$2,600 |
| Kelowna |
$1,900 |
$2,400 |
| Surrey |
$1,800 |
$2,300 |
| Nanaimo |
$1,700 |
$2,100 |
| Kamloops |
$1,550 |
$1,950 |
| Prince George |
$1,200 |
$1,500 |
| Provincial Average |
$2,250 |
$2,850 |
BC rent growth has slowed in 2026 as new rental supply arrives, but remains the most expensive province.
Ontario
| City |
1-BR |
2-BR |
| Toronto |
$2,400 |
$3,100 |
| Ottawa |
$1,850 |
$2,300 |
| Brampton |
$1,800 |
$2,200 |
| Hamilton |
$1,750 |
$2,200 |
| Kitchener |
$1,700 |
$2,100 |
| London |
$1,600 |
$2,000 |
| Windsor |
$1,400 |
$1,750 |
| Kingston |
$1,600 |
$2,000 |
| Thunder Bay |
$1,100 |
$1,350 |
| Provincial Average |
$2,050 |
$2,500 |
Toronto and GTA rents have declined slightly in 2026 as new condo supply reaches the market.
Alberta
| City |
1-BR |
2-BR |
| Calgary |
$1,600 |
$2,000 |
| Edmonton |
$1,400 |
$1,700 |
| Red Deer |
$1,200 |
$1,450 |
| Lethbridge |
$1,150 |
$1,400 |
| Grande Prairie |
$1,300 |
$1,550 |
| Fort McMurray |
$1,500 |
$1,850 |
| Provincial Average |
$1,500 |
$1,850 |
Alberta remains affordable relative to BC and Ontario, though rents are rising due to population growth.
Quebec
| City |
1-BR |
2-BR |
| Montreal |
$1,650 |
$2,050 |
| Quebec City |
$1,100 |
$1,350 |
| Gatineau |
$1,450 |
$1,800 |
| Sherbrooke |
$1,000 |
$1,250 |
| Trois-Rivières |
$950 |
$1,150 |
| Laval |
$1,500 |
$1,900 |
| Provincial Average |
$1,350 |
$1,700 |
Quebec offers some of Canada’s most affordable rents, especially outside Montreal.
Atlantic Provinces
Nova Scotia
| City |
1-BR |
2-BR |
| Halifax |
$1,700 |
$2,150 |
| Dartmouth |
$1,600 |
$2,000 |
| Sydney |
$1,100 |
$1,350 |
| Provincial Average |
$1,650 |
$2,100 |
New Brunswick
| City |
1-BR |
2-BR |
| Moncton |
$1,350 |
$1,650 |
| Saint John |
$1,200 |
$1,450 |
| Fredericton |
$1,300 |
$1,550 |
| Provincial Average |
$1,250 |
$1,500 |
Prince Edward Island
| City |
1-BR |
2-BR |
| Charlottetown |
$1,450 |
$1,750 |
| Summerside |
$1,250 |
$1,550 |
| Provincial Average |
$1,400 |
$1,700 |
Newfoundland & Labrador
| City |
1-BR |
2-BR |
| St. John’s |
$1,050 |
$1,250 |
| Corner Brook |
$900 |
$1,100 |
| Provincial Average |
$1,050 |
$1,250 |
Prairie Provinces
Manitoba
| City |
1-BR |
2-BR |
| Winnipeg |
$1,200 |
$1,500 |
| Brandon |
$1,050 |
$1,300 |
| Provincial Average |
$1,200 |
$1,500 |
Saskatchewan
| City |
1-BR |
2-BR |
| Regina |
$1,100 |
$1,350 |
| Saskatoon |
$1,150 |
$1,400 |
| Provincial Average |
$1,100 |
$1,350 |
Rent Affordability by Province
How much income do you need to afford average rent (keeping rent under 30% of income)?
| Province |
1-BR Rent |
Income Needed |
2-BR Rent |
Income Needed |
| British Columbia |
$2,250 |
$90,000 |
$2,850 |
$114,000 |
| Ontario |
$2,050 |
$82,000 |
$2,500 |
$100,000 |
| Alberta |
$1,500 |
$60,000 |
$1,850 |
$74,000 |
| Nova Scotia |
$1,650 |
$66,000 |
$2,100 |
$84,000 |
| Manitoba |
$1,200 |
$48,000 |
$1,500 |
$60,000 |
| Saskatchewan |
$1,100 |
$44,000 |
$1,350 |
$54,000 |
| Quebec |
$1,350 |
$54,000 |
$1,700 |
$68,000 |
| New Brunswick |
$1,250 |
$50,000 |
$1,500 |
$60,000 |
| Newfoundland |
$1,050 |
$42,000 |
$1,250 |
$50,000 |
| PEI |
$1,400 |
$56,000 |
$1,700 |
$68,000 |
Use our rent affordability calculator to see what you can afford based on your income.
CMHC Average Rent vs Asking Rent
CMHC (Canada Mortgage and Housing Corporation) tracks rents for purpose-built rental apartments, including long-term tenants. Asking rent is the price for new listings.
| Province |
CMHC Avg 2-BR |
Asking Avg 2-BR |
Difference |
| British Columbia |
$1,850 |
$2,850 |
+54% |
| Ontario |
$1,650 |
$2,500 |
+52% |
| Alberta |
$1,350 |
$1,850 |
+37% |
| Quebec |
$1,050 |
$1,700 |
+62% |
| Nova Scotia |
$1,400 |
$2,100 |
+50% |
| Manitoba |
$1,200 |
$1,500 |
+25% |
| Saskatchewan |
$1,100 |
$1,350 |
+23% |
The gap reflects rent control (existing tenants pay less) and market conditions for new rentals.
Rent Growth Trends by Province
| Province |
2023 |
2024 |
2025 |
2026 |
Trend |
| British Columbia |
+8% |
+5% |
+1% |
−0.5% |
Cooling |
| Ontario |
+10% |
+6% |
0% |
−1.5% |
Declining |
| Alberta |
+12% |
+8% |
+5% |
+3% |
Slowing |
| Quebec |
+6% |
+5% |
+5% |
+4.5% |
Steady |
| Nova Scotia |
+15% |
+10% |
+6% |
+4% |
Slowing |
| PEI |
+18% |
+12% |
+8% |
+6% |
Slowing |
Atlantic Canada continues to see increases as population growth outpaces supply.
Methodology
Data compiled from Rentals.ca, Zumper, PadMapper, and CMHC Rental Market Reports. “Asking rent” reflects listed prices for available units. CMHC data includes all occupied purpose-built rentals. Figures are estimates for early 2026.