Here's how much it costs to rent an apartment in Ottawa this fall
The cost of renting an apartment in Ottawa dropped in October, with lower rental rates for bachelor and two-bedroom apartments.
A new report from Rentals.ca and Urbanation shows the average cost to rent an apartment in Ottawa was $2,207 a month in October, down from $2,220 in September and $2,224 in August.
Rents for one-bedroom apartments in Ottawa increased to $2,045 a month in October from $2,042 a month in September.
However, rental rates dropped in Ottawa for bachelor apartments and two-bedroom apartments. The report shows the average rent for a bachelor apartment in Ottawa was $1,674 in October ($1,722 in September) and a $2,536 for a two-bedroom apartment ($2,570 in August).
- Sign up now for daily CTV News Ottawa newsletters
- The information you need to know, sent directly to you: Download the CTV News App
Across Canada, the average asking rent for all residential property types was $2,152 in October, down 1.2 per cent from October 2023.
Vancouver has the highest average rent in Canada at $2,945, with a one bedroom renting for $2,624. Toronto is second with an average rent of $2,642 in October, while a one bedroom rented for $2,397.
The average rent in Gatineau, Que. is $2,039 a month, including $1,753 for a one-bedroom apartment and $2,248 for a two bedroom.
Kingston, Ont. ranked 17th on the list for highest rents in Canada, with an average rent of $1,966 a month. A one-bedroom apartment costs $1,794 a month, while a two-bedroom apartment rents for an average of $2,145 a month.
CTVNews.ca Top Stories
BREAKING Ottawa to remove investment cap for Canadian pension funds
Finance Minister Chrystia Freeland says the upcoming fall economic statement on Monday will remove the cap that currently restricts Canadian pension funds from owning more than 30 per cent of the voting shares of a Canadian entity.
DEVELOPING Labour minister unveils steps to end Canada Post strike
Canada Post workers began their strike four weeks ago, halting mail and package deliveries across the country. Labour Minister Steven MacKinnon said he hopes work will resume as early as next week.
Top musician forced to cancel Toronto concert after Air Canada refused to give his priceless cello a seat on plane
Famed British cellist Sheku Kanneh-Mason, who became a household name after performing at the wedding of Prince Harry and Meghan Markle, has said he had to cancel a concert in Canada after the country’s largest airline denied his pre-booked seat for his cello.
Eight people injured after horse-drawn wagon went out of control in eastern Ont.
Eight people were injured after horses became out of control while a man was offering a horse-drawn wagon ride Thursday in eastern Ontario, according to the Brockville Police Service.
Buckingham Palace maid arrested after drunken brawl at work Christmas party
Buckingham Palace is investigating after a member of staff was arrested at the end of a rowdy Christmas party.
Will your Christmas gifts arrive on time? Here's what the labour minister had to say
The Canada Post labour dispute has now passed the four-week mark, and as Christmas draws near, some may be anxious about delayed or cancelled shipments affecting their holiday shopping.
What to know about Canada's new mortgage rules, according to a broker
Canada's new federal mortgage rules are coming into effect Sunday. A broker says this is what would-be buyers need to know.
Teen facing child porn charges after sending ex-boyfriend's photos to his parents
A teenager in Guelph is facing child pornography charges after sending nude photos of her ex-boyfriend to his parents.
UnitedHealthcare CEO killed in New York tried to improve 'patchwork' system, exec says
The leader of UnitedHealth Group conceded that the patchwork U.S. health system 'does not work as well as it should' but said Friday that the insurance executive gunned down on a Manhattan sidewalk cared about customers and was working to make it better.