Here's how much it costs to rent an apartment in Ottawa
There was some good news for renters in Ottawa this summer
as the cost to rent a one-bedroom apartment dropped in June, but rental rates
jumped for a two-bedroom apartment.
The monthly rental report from Rentals.ca and Urbanation shows the average rent
for an apartment or condominium in Ottawa was $2,199 in June, down from $2,239
in May.
A one-bedroom apartment rented for $1,993 in June, down from
$1,994 in May and $2,016 in April.
The cost to rent a two-bedroom apartment averaged $2,578 in
June, up from $2,239 in May.
While the average rent in Ottawa was down in June, the
report shows Ottawa saw the highest year-over-year average increase in rental
rates amongst major Canadian cities.
Rental rates have increased one per cent in Ottawa from June
2024, when average rent was $2,179 and a one-bedroom cost $1,989.
Rentals.ca and Urbanation say average rents in Ottawa have
increased 15 per cent over the past three years.
Vancouver has the highest average rent in Canada at $2,830 a
month, with a one-bedroom costing an average of $2,537.
Toronto has the second-highest rental rates in Canada, at
$2,587. A one-bedroom costs $2,308 a month in Toronto in June.
The average monthly rent in Kingston was $1,965 in June,
down from $2,076 a month in May. The cost of a one-bedroom apartment was $1,873
in Kingston last month.
In Gatineau, the average monthly rent was $1,938 in June,
with a one-bedroom costing $1,724 a month.