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Report reveals average rent prices across Canada

CTVNews.ca
Dec. 17, 2015
Sean Davidson

A report released by one of Canada’s largest online apartment search sites compared the average cost of renting an apartment in major Canadian cities.

The data, released by RentSeeker.ca, compares average rental rates for apartments in just under 50 Canadian cities in the fall of 2015.

RentSeeker.ca looked at average rents for bachelor, one-bedroom, two-bedroom, and three-bedroom apartments. The data did not list the average size of each style of apartment.

The cost of rent for bachelor apartments to three-bedroom apartments are highest in areas surrounding major cities such as Toronto and Vancouver.

According to the infographic, Markham, Ont., is the most expensive city to rent a bachelor apartment in Canada with the average rent hovering around $1057 per month. Saguenay, Que. was listed as the least expensive at $374 per month.

RentSeeker.ca found that the average cost of a one-bedroom is highest in Richmond Hill, Ont. where rent will cost you $1148 per month. The lowest price per month for a one-bedroom was in Trios-Rivieres, Que. with rent averaging $459 per month.

Here's a look at the average costs for renting a one-bedroom apartment across Canada:

RentSeeker.ca is one of Canada's largest online apartment search sites, which connects renters with owners of houses, townhouses, condos and rental apartments.

The infographic below shows the breakdown of rents by apartment size and city. It can be viewed in a larger format online.