Renters are likely feeling a little less pressure this month as a recent report has found that the city has seen among the most significant declines in Canada for monthly rents from the same period last year. Online rental marketplace Zumperrentals.com looked at average rents in 23 Canadian cities for one- and two-bedroom apartments. Read More
In Calgary, the average rent in April for a one-bedroom suite was $1,650 a month, down nearly 10 per cent from a year ago.
In Calgary, the average rent in April for a one-bedroom suite was $1,650 a month, down nearly 10 per cent from a year ago.
Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page.
Article content
Renters are likely feeling a little less pressure this month as a recent report has found that the city has seen among the most significant declines in Canada for monthly rents from the same period last year. Online rental marketplace Zumperrentals.com looked at average rents in 23 Canadian cities for one- and two-bedroom apartments.
Article content
Article content
In Calgary, it found the average rent in April for a one-bedroom suite was $1,650 a month, down nearly 10 per cent from April in 2024. It also noted that the rental cost was flat from this past March.
Article content
Story continues below
Article content
For two-bedroom suites, the average price fell about five per cent year over year to $1,990, and marginally down month over month from March.
Article content
Noon News Roundup
Article content
The decline for a one-bedroom was the largest among all markets tracked by the report, followed by Kingston at nearly eight per cent and Toronto at about six per cent.
Article content
The report further highlighted that Vancouver remains the most costly rental market in Canada. There, the average rent for a one-bedroom suite in April was $2,500 a month, a year-over-year decrease of about two per cent. The average rent for a two-bedroom suite dropped about one per cent to $3,450.
Article content
The markets with the most sizable jumps, percentage-wise, in Canada were Saskatoon, Regina, Barrie, Ont., and Winnipeg.
Article content
Saskatoon saw its average rent for a one-bedroom grow nearly six per cent year over year to $1,300. The average monthly rent for a two-bedroom was $1,500 in April, up about one per cent.
Article content
Only Regina had less costly average monthly rents. A one-bedroom average rent was $1,240 in April, up about five per cent, and $1,460 for a two-bedroom, up about three per cent.
Article content