Here's how much it costs to rent an Ottawa apartment in February

A for rent sign is displayed on a house in a new housing development in Ottawa on Friday, Oct. 14, 2022. THE CANADIAN PRESS/Sean Kilpatrick

The average cost to rent an apartment increased slightly in Ottawa in February, as renters continue to pay over $2,000 a month to rent a one-bedroom and two-bedroom apartment.

Newly released statistics from Rentals.ca and Urbanation shows the average cost to rent a purpose-built apartment or condominium was $2,222 last month, up from $2,219 in January.

The average cost to rent an apartment increased 6 per cent in February from February 2022, when the average rent was a $2,093 a month.

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According to the report, the average cost to rent a one-bedroom apartment was $2,041 in Ottawa in February, down from $2,045 in January.  

The average asking rent for a two-bedroom apartment was $2,505 in Ottawa in February, up from $2,500 in January.

Ottawa ranks 10^th on the list of Canadian cities for the most expensive rent in Canada.

Vancouver has the highest rent in Canada, with an average asking rent of $3,017. The average rent is $2,880 in Burnaby, B.C. and $2,803 in Toronto.

Kingston ranks 14^th on the list of highest rents in Canada, with an average rent of $2,094 a month.  The report shows the average rent is $1,880 for a one-bedroom and $2,286 for a two-bedroom apartment.

The report shows the average rent in Canada increased 10.5 per cent in February compared to February 2022, with an average rate of $2,193 a month.  Rents decreased "marginally" by 0.1 per cent from January to February.