The cost to rent an apartment in these two Ottawa neighbourhoods decreased this summer
As rents continue to rise for one-and-two bedroom apartments in Ottawa and Gatineau this summer, a new report shows rents are decreasing in the Ottawa neighbourhoods of Nepean and Gloucester.
The average cost to rent a one-bedroom apartment in Ottawa increased 9.7 per cent in July from July 2021 to $1,767, according to the new report from Rentals.ca. A two-bedroom apartment in Ottawa cost $2,206 – up 8.5 per cent from a year ago.
In Gatineau, the average rent for a one-bedroom apartment in July was $1,551, up 20.3 per cent from July 2021. A two-bedroom apartment costs an average of $1,810, up 10.6 per cent from a year ago.
The monthly rentals report from Rentals.ca shows the average rent in Canada for a one-bedroom was $1,640 in July, up 10.68 per cent from July 2021. The average cost of a two-bedroom apartment was $2,098 in July, up 14.20 per cent from July 2021.
If you are looking for a place to rent in Ottawa this summer, you may want to look in the neighbourhoods of Nepean and Gloucester. Rentals.ca says the average cost to rent an apartment in those areas dropped between six and 10 per cent in July.
In Gloucester, the cost to rent a one-bedroom apartment was $1,564 in July, down 9.7 per cent from a year ago. Rent for a two-bedroom apartment in the east end neighbourhood was $1,992 last month, down 10.2 per cent from July 2021.
Rents for a one-bedroom apartment in Nepean dropped 6.2 per cent to $1,454 in July. It cost $1,850 to rent a two-bedroom apartment in July, down 0.2 per cent from a year ago.
The report from Rentals.ca shows the average monthly rent for all property types in Ottawa increased from $1,928 in July 2021 to $2,090 in July 2022.
Vancouver has the highest monthly rents for a one-bedroom and a two-bedroom apartment, followed by North Vancouver, Richmond, B.C. and Toronto. The average monthly rent in Vancouver in July was $2,500 for a one-bedroom and $3,630 for a two-bedroom.
In Kingston, the average rent for a one-bedroom apartment was $1,467 in July, up 17.9 per cent from a year ago.
Average rent for a one-bedroom apartment in Canada in July
1. Vancouver, B.C. $2,500
2. North Vancouver $2,411
3. Richmond, B.C. $2,292
4. Toronto $2,257
5. Victoria $2,107
6. Burnaby, B.C. $2,010
7. Etobicoke, Ont. $2,007
8. Guelph, Ont. $1,983
9. North York, Ont. $1,913
10. Mississauga $1,862
14. Ottawa $1,767
22. Gloucester, Ont. $1,564
23. Gatineau, Que. $1,551
25. Kingston, Ont. $1,467
26. Nepean, Ont. $1,454
CTVNews.ca Top Stories
What's a Barnacle? It's yellow, sticks and screams if you try to pry it off your car
Barnacles, bright yellow devices used to make sure parking scofflaws pay their tickets, could soon be making their way to cities across Canada.
Verdun Airbnb listing taken down amid complaints, fines and frustration from neighbours
An Airbnb in Montreal's Verdun borough was the source of much frustration from neighbours who say there were constant parties at the location. It has been taken down from the app, but housing advocates remain upset about short-term rentals.
Man who set himself on fire outside Trump trial dies of injuries, police say
A man who doused himself in an accelerant and set himself on fire outside the courthouse where former U.S. President Donald Trump is on trial has died, police said.
They were from different countries and barely spoke each other's languages. More than 20 years later, they're still happily in love
He decided to spend Christmas somewhere that wouldn't involve snowstorm disasters. She was spending the holidays with family, travelling for the first time outside of her native country of Venezuela. 23 years later, they're still in love.
Young people 'tortured' if stolen vehicle operations fail, Montreal police tell MPs
One day after a Montreal police officer fired gunshots at a suspect in a stolen vehicle, senior officers were telling parliamentarians that organized crime groups are recruiting people as young as 15 in the city to steal cars so that they can be shipped overseas.
A Nigerian chess champion plays the royal game for 60 hours - a new global chess record
A Nigerian chess champion and child education advocate played chess nonstop for 60 hours in New York City's Times Square to break the Guinness World Record for the longest chess marathon.
Fire in Labrador town under control, officials tells residents to stay away
RCMP say the fire that prompted a state of emergency in a Labrador town is now under control.
12 students and teacher killed in Columbine school shooting remembered at 25th anniversary vigil
Thirteen victims of the Columbine High School shooting were remembered during a vigil Friday on the eve of the 25th anniversary of the shooting that was the worst the nation had seen at the time.
Israeli airstrike in southern Gaza city of Rafah kills at least 9 Palestinians, including 6 children
An Israeli airstrike on a house in Gaza's southernmost city of Rafah killed at least nine people, six of them children, hospital authorities said Saturday, as Israel pursued its nearly seven-month offensive in the besieged Palestinian territory.