FX · CADOFICIAL
Daitana Comfort Living
LIVENational Rent ReportData for May/26 · Report Jun/26

The average asking rent in Canada is

$2,029per month

A monthly read on the Canadian rental market, national average, city ranking, property type and bedroom count. Primary source: Rentals.ca · Urbanation.

−4.7%
year/year
20
months declining
−7.8%
vs. May-24 peak
+22.1%
vs. Apr-21 low
National Overview

Twelve months of cooling

The national average is in its 20th straight month of annual decline, yet still sits 22% above the pandemic floor.

National average · 12 months

CAD / mo
$2,182$2,063$1,944
$2,029
National average
−4.7%
Annual change
+0.1%
Monthly change
20 months
Consecutive drops
−7.8%
Below peak
+22.1%
Above floor
Market Breakdown

By bedrooms and by property type

National asking averages, May 2026. Year-over-year change sits beside each bar.

By bedroom count

$3,056
$2,292
$1,528
$764
$0
$1,605 −8.9%Studio
$1,778 −4.2%1 bedroom
$2,160 −2.9%2 bedroom
$2,729 −0.5%3 bedroom

By property type

$2,325
$1,744
$1,163
$581
$0
$2,031 −3.4%Purpose-built
$2,076 −6.8%Condo / apt
$2,004 −7.7%House / row
City Ranking

Cities, priciest to most affordable

Asking average (all types). Search, sort, and switch between average, 1 and 2 bedrooms.

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Sort
Vancouver
BC
$2,712 −6.4%
Toronto
ON
$2,476 −1.5%
Markham
ON
$2,373 −12.9%
Vaughan
ON
$2,321 −7.0%
Halifax
NS
$2,313 +2.6%
Mississauga
ON
$2,259 −1.6%
Surrey
BC
$2,246 −4.0%
Ottawa
ON
$2,158 −0.9%
Brampton
ON
$2,081 −2.0%
Montreal
QC
$1,966 −0.2%
Hamilton
ON
$1,913 +0.7%
Gatineau
QC
$1,848 +0.6%
Calgary
AB
$1,830 −5.1%
London
ON
$1,827 −1.5%
Laval
QC
$1,771 −1.0%
Longueuil
QC
$1,674 −13.3%
Winnipeg
MB
$1,558 −2.8%
Quebec City
QC
$1,525 +1.6%
Edmonton
AB
$1,466 −3.6%
Saskatoon
SK
$1,456 +3.4%
By Province

Two rental Canadas

BC and Ontario lead the declines; Quebec and the Prairies are still rising on affordability migration.

fallingrising
Nova Scotia
NS
$2,343 +2.6%
British Columbia
BC
$2,328 −5.4%
Ontario
ON
$2,219 −5.0%
Quebec
QC
$1,810 −1.8%
Alberta
AB
$1,663 −4.7%
Manitoba
MB
$1,659 +2.1%
Saskatchewan
SK
$1,391 +0.4%
Comparator

Compare up to 3 cities

Pick cities and see average, studio, 1 and 2 bedrooms side by side.

Add city · Up to 3 cities
ON

Toronto

$2,476 −1.5%
≈ R$ 8,991 · Overall average
Studio$1,760
1 bedroom$2,260
2 bedroom$2,890
QC

Montreal

$1,966 −0.2%
≈ R$ 7,139 · Overall average
Studio$1,377
1 bedroom$1,721
2 bedroom$2,255
AB

Calgary

$1,830 −5.1%
≈ R$ 6,645 · Overall average
Studio$1,306
1 bedroom$1,633
2 bedroom$2,004
Affordability Simulator

How much do you need to earn?

The 30% rule: rent shouldn’t exceed 30% of gross income. See the yearly income needed by city and type.

Show in BRL
Yearly income needed
$90,400
≈ $7,533 monthly income
30%
70%
$2,260 · Average rent (1-bed)based on 30% of gross income
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