愛污传媒

Skip to main content

National average rent exceeded $2,000 in November, says Rentals.ca

Share
TORONTO -

New data shows that the average monthly cost to rent a home in Canada rose to a record $2,024 in November, and experts say the trend does not show signs of stopping soon.

The National Rental Report published Tuesday shows average rent across the country was at an all-time high in November, up 2.5 per cent from October.

The average monthly rent was also up $224 compared with a year ago, for gain of 12.4 per cent. 

While the average price for a one-bedroom rose 8.3 per cent to $1,710, two-bedroom rentals had the biggest spike, up 11.7 per cent from last year to $2,090. 

Vancouver remains the most expensive place to rent in Canada, with the average price of a one-bedroom now going for $2,633 per month. Toronto is in second place at $2,532 for a one-bedroom based on a list of 35 Canadian cities.

The report was based on data collected by Rentals.ca and Urbanation from monthly online listings.

This report by The Canadian Press was first published Dec. 14, 2022.

CTVNews.ca Top Stories

Canadian stand-up comedian and former talk show host Mike Bullard has died.

The study, which uses a mathematical model, indicates that men and women may benefit from different breakfast choices to optimize metabolism and potentially aid weight management.

Your home 鈥 considered to be one of the safest havens from all the external stresses 鈥 is filthy.

Police have arrested and charged a 52-year-old man who wanted after failing to notify authorities about a dead person inside an apartment in Toronto鈥檚 Riverside neighbourhood.

Just a couple of weeks after a new southern resident killer whale calf was first seen, its health appears to have taken a bad turn.

Local Spotlight

Canadian hip hop artist Dillan King says running 100 marathons in 100 days was not only the hardest thing he has ever done, but the 'proudest accomplishment' of his entire life.

Sometimes love is written in the stars, but for one couple, it鈥檚 written in the aurora borealis.

James Taylor never expected to be walking home with a bag full of groceries he didn't buy.

This weekend marks the fifth anniversary of a large blizzard that paralyzed Manitoba.

There was an eye-catching mix of rainbows and lightning over Vancouver following a brief downpour this week.

Jeff Warner from Aidie Creek Gardens in the northern Ontario community of Englehart has a passion for growing big pumpkins and his effort is paying off in more ways than one.

Saskatchewan鈥檚 Jessica Campbell has made hockey history, becoming the first ever female assistant coach in the National Hockey League (NHL).

Have you ever seen videos of hovercrafts online or on TV and thought, 'Wow, I wish I could ride one of those.' One Alberta man did, and then built his own.

A B.C. couple is getting desperate 鈥 and creative 鈥 in their search for their missing dog.

Stay Connected