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
India's foreign minister reacts to murder charges, claims Canada welcomes criminals
India's Foreign Affairs Minister accused Canada of welcoming criminals from his country in response to the RCMP's recent arrests in a homicide that has roiled tensions between the two countries.
15-year-old boy stabbed in Ottawa on Thursday dies
A 15-year old boy who was critically injured after a stabbing in Nepean on Thursday has died of his injuries, Ottawa's English public school board said Sunday.
Dash cam catches moment suspected drunk driver hits parked car, sends it careening into North Shore flower shop
Police say it’s fortunate no one was injured or killed in a collision at North Vancouver’s Park and Tilford shopping centre Saturday evening that sent one vehicle careening into a flower shop and another into a set of concrete barriers outside a Winners store.
Actor Bernard Hill, of 'Titanic' and 'Lord of the Rings,' has died at 79
Actor Bernard Hill, who delivered a rousing cry before leading his people into battle in 'The Lord of the Rings: The Return of the King' and went down with the ship as the captain in 'Titanic,' has died.
'A tiny city:' Pro-Palestinian campus protesters organize for another week
Pro-Palestinian activists have set up tents at universities in Toronto, Ottawa, Vancouver and Montreal, following a wave of similar protests at campuses in the United States linked to the Israel-Hamas war.
Lawsuit against Meta asks if Facebook users have right to control their feeds using external tools
Do social media users have the right to control what they see — or don't see — on their feeds?
A Holocaust survivor will mark that history differently after the horrors of Oct. 7
This year's Holocaust Remembrance Day, which begins on Sunday evening in Israel, carries a heavier weight than usual for many Jews around the world.
Princess Anne lays wreath at Battle of Atlantic ceremony; honours late Queen
Princess Anne saluted Canadian veterans and current forces members and honoured her late mother during separate ceremonies Sunday in Victoria as she wrapped up a three-day British Columbia West Coast royal visit.
El Nino weakening doesn't mean cooler temperatures this summer, forecasters say
As Canadians brace themselves for summer temperatures, forecasters say a weakening El Nino cycle doesn’t mean relief from the heat.