Rents for one-and-two bedroom apartments in Ottawa increased below the national average in May, while renters in Gatineau, Que. saw a significant increase.
The average cost to rent a one-bedroom in Ottawa increased 3.5 per cent from May 2021 to $1,674, according to a report from Rentals.ca. A two-bedroom apartment cost $2,047 – up 4.7 per cent.
The monthly report shows the average rent in Canada for a one-bedroom apartment was $1,591 in May, up 8.5 per cent from May 2021. The average cost of a two-bedroom apartment was $2,033 in Canada, up 11.82 per cent from a year ago.
In Gatineau, the average rent for a one-bedroom was $1,481 in May, up 9.1 per cent from May 2021. The cost to rent a two-bedroom increased 12.8 per cent year-over-year to $1,796.
Vancouver has the highest monthly rents for a one-bedroom and a two-bedroom apartment, followed by Toronto, Burnaby, B.C. and Oakville, Ont. The average monthly rent in May in Vancouver was $2,377 for a one-bedroom and $3,495 for a two-bedroom.
Average rent for a one-bedroom apartment in Canada (May 2022)
- Vancouver $2,377
- Toronto $2,133
- Burnaby, B.C. $2,012
- Oakville, Ont. $2,011
- Burlington $1,978
- Etobicoke, Ont. $1,972
- Guelph $1,950
- Richmond Hill $1,928
- Victoria $1,870
- Mississauga, Ont. $1,855
15. Ottawa $1,674
23. Gatineau, Que $1,481
To read the Rentals.ca June 2022 Rent Report, visit rentals.ca.
